636 & 644 S Third AVE Kure Beach, NC 28449
7 Beds
7 Baths
3,618 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,618 sqft
Price per Sqft $538
Subdivision Not In Subdivision
MLS Listing ID 100565968
Style Wood Frame,Stick Built
Bedrooms 7
Full Baths 7
HOA Y/N No
Year Built 1940
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions Irregular
Property Sub-Type Single Family Residence
Source Hive MLS
Property Description
Three bungalows. Three lots. And one completely turnkey investment that generated over $180,000 in gross rental revenue in 2025 and is one pace to do $250k+ in 2026 -- making it one of the highest-rated short-term rental properties on the entire island.
This isn't your average beach house. It includes 3 standalone units, all fully renovated and furnished:
Bungalow 1: 2 bedroom/2 bath with a large, open floor plan kitchen and living room, screened in side porch, large front deck with hot tub and ocean view.
Bungalow 2: Perfectly laid out studio unit with outdoor space on both sides, including a hot tub and outdoor shower on one side and a lounge area on the other.
Bugalow 3: 4 bedroom/4 FULL bath property with 3 ensuite bedrooms, large kitchen area, breezeway separating the two wings and a private deck area with hot tub.
Since 2023, this collection of charming coastal bungalows has been completely transformed into a polished, guest-ready micro resort.
Every unit was redesigned from the ground up, interiors brightened and refreshed, exteriors freshly painted, and the outdoor spaces elevated with three brand new hot tubs, three outdoor showers, a fire pit, and all-new landscaping.
The result?
A property that practically runs itself and keeps guests coming back.
All furniture included. Just show up and start collecting checks.
And it gets sweeter -- those three separate lots each have the potential to support a duplex, giving a savvy developer a serious runway for future upside.
Whether you're someone looking to live at the beach for free by living in one unit while the others pay your mortgage, a seasoned investor adding a proven performer to your portfolio, or a developer with an eye on what this land could become -- this one checks every box.
Turnkey. Cash-flowing. Irreplaceable. Here's your chance to own Kure Beach's finest micro resort.
Listing agent is one of the owners of the property.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning RA-2
Direction Starting at the intersection at Kure Beach Pier head south, turn right onto E Ave off of Forth Fisher Blvd. Property is on the corner of 3rd and E.
Rooms
Basement None
Primary Bedroom Level Primary Living Area
Interior
Interior Features Master Downstairs, Vaulted Ceiling(s), Solid Surface, Bookcases, Kitchen Island, Ceiling Fan(s), Furnished, Hot Tub, Pantry, Walk-in Shower, Blinds/Shades, Eat-in Kitchen
Heating Heat Pump, Electric, Forced Air
Cooling Central Air, Wall/Window Unit(s), Ceiling Fan(s)2, Heat Pump
Flooring LVT/LVP, Tile, Hardwood
Furnishings Furnished
Laundry Laundry Closet
Exterior
Exterior Feature Outdoor Shower
Parking Features Off Street
Utilities Available Cable Available, Sewer Connected, Water Connected
Amenities Available None
Waterfront Description None
View Ocean, Water
Roof Type Metal
Porch Deck, Porch, Screened
Building
Lot Description Corner Lot, Landscaped
Entry Level One
Foundation Crawl Space
Water Public
Level or Stories 1
Structure Type Outdoor Shower
New Construction No
Schools
Elementary Schools Carolina Beach
Middle Schools Murray
High Schools Ashley
Others
Tax ID R09405-009-020-000
Acceptable Financing Commercial, Cash, Conventional, FHA, VA Loan
Listing Terms Commercial, Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/1b2ea169-c5b5-40c8-8313-4f613b4e7cf0?wl=true&setAttribution=mls&initialViewType=pano
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