636 & 644 S Third Avenue, Kure Beach, NC, 28449

Water Views - Primary on Main

Address

636 & 644 S Third Avenue, Kure Beach, NC

Listing Type

Active

Price

$ 1,950,000

Property Attributes

MLS#100565968
TypeSingle Family
Listing Status Active
CountyNEW HANOVER
CityKure Beach
AreaNot In Subdivision
NeighborhoodKure Beach
Zip28449
StyleSingle Family Residence
Year Built1940
Price$ 1,950,000
Bedrooms7
Full Bathrooms7
Half Bathrooms0
Sqr Footage3618
Lot Size0.36 Acres

Data Source:

Cape Fear REALTORS® - NCRMLS

Property Description

Why buy one beach house when you can buy three? 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.

Elementary School	Middle School	High School
Carolina Beach Elementary School	Murray Middle School	Ashley High School

Price History
4/9/2026	Listed $1,950,000

General Features

Living Area	3618.0
Heating	Heat Pump,Electric,Forced Air
Cooling	Central Air,Wall/Window Unit(s),Ceiling Fan(s)2,Heat Pump
Utilities	Cable Available,Sewer Connected,Water Connected
Possession	Close Of Escrow,At Closing
Roof	Metal
Zoning	RA-2
Patio/Porch Features	Deck,Porch,Screened
Construction Materials	Wood Siding,Wood Frame
Year Built	1940
View	Ocean,Water
Levels	One
Property Subtype	Single Family Residence
Tax Year	2025
Parcel Number	R09405-009-020-000
Waterfront Features	None
County	New Hanover
Operating Expense	0.0
New Construction	No
Property Type	Residential
In City Limits? (Y/N)	Yes
Association Amenities	None
HOA	No
Attached Garage	No
Subdivision Name	Not In Subdivision
Garage Y/N	No
Total Rooms	10
Full Baths	7
Status	Active
Directions	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.
High School	Ashley
City	Kure Beach
High School District	New Hanover
Lot Size Units	Acres
Lot Size Square Feet	15682.0
Carport Spaces	0.0
Carport Y/N	No
Elementary School	Carolina Beach
Property Attached Y/N	No
Land Lease Y/N	No
Home Warranty Y/N	No
Middle/Junior High School	Murray
Property Condition	UpdatedRemodeled
Lease Considered Y/N	No
Virtual Tour	https://www.zillow.com/view-imx/1b2ea169-c5b5-40c8-8313-4f613b4e7cf0?wl=true&setAttribution=mls&initialViewType=pano
Structure Type	Wood Frame,Stick Built
Living Area Units	Square Feet
Standard Status	Active
Tax Assessed Value	1877800
Legal Description	LOTS 1-2 BLK 29 KURE BEACH REV LOT 3 BLK 29 KURE BEACH REV LOTS 4-7 BLK 29 KURE BEACH REV

Interior Features

Interior Amenities	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
Basement	None
Flooring	LVT/LVP,Tile,Hardwood
Furnished Y/N	Furnished
Water Heater	Electric
Master Bed Level	Primary Living Area
Total Stories	1
Basement (Y/N)	No
Air Conditioning Y/N	Yes
Heating Y/N	Yes
Fireplace Y/N	No
Laundry Features	Laundry Closet
Total Bedrooms	7
Attic Features	None
Room Type	Bedroom 1,Bedroom 2,Dining Area,Bedroom 3,Bedroom 4,Bedroom 5,Bedroom 6,Bedroom 7,Living Room
Total Baths	7
Living Area Range	3500 - 3999
SmokingYN	No

Exterior Features

Exterior Amenities	Outdoor Shower
Exterior Finish	Wood Siding
Fencing	None
Parking Features	Off Street
Lot Features	Corner Lot,Landscaped
Water Source	Public
Total Parking	8.0
Lot Size Area	0.36
Foundation Details	Crawl Space
Spa	No
Building Area Total	3618.0
Lot Dimensions	Irregular
Lot Size Acres	0.36
Road Surface Type	Paved
Frontage Type	See Remarks
Waterfront Y/N	No
Road Frontage Type	City Street,State Road,Paved
Crops Included Y/N	No
Horse Y/N	No