636 & 644 S Third Avenue,Kure Beach, NC 28449
Kure Beach, NC 28449
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.
Details
| MLS # | 100565968 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 134 |
| Listing Provided By | Fathom Realty NC LLC | Travis Sherry |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 3,618 |
| Story(s) | 1 |
| Zoning | RA-2 |
| Acreage | 0.36 |
| Property View | Ocean, Water |
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 Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Wall/Window Unit(s), Ceiling Fan(s)2, Heat Pump |
| Fireplace Yes / No | No |
| Laundry Features | Laundry Closet |
| Furnished | Furnished |
| Rooms Total | 10 |
Exterior
| Exterior Features | Outdoor Shower |
|---|---|
| Roof | Metal |
| Foundation Details | Crawl Space |
| Lot Features | Corner Lot, Landscaped |
| Waterfront Features | None |
| View | Ocean, Water |
| Construction Materials | Wood Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Off Street |
Utilities
| Utilities | Cable Available, Sewer Connected, Water Connected |
|---|
Taxes
| Tax Assessed Value | 1877800 |
|---|---|
| Tax Book Number | N/A |
| Tax Legal Description | LOTS 1-2 BLK 29 KURE BEACH REVLOT 3 BLK 29 KURE BEACH REVLOTS 4-7 BLK 29 KURE BEACH REV |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Kure Beach |
| Zip Code | 28449 |
| School District | New Hanover |
| Elementary School | Carolina Beach |
| High School | Ashley |
| Listing VS Median (in 28449) | |
Price: $1,950,000 low | high Med: $870,000 sqft: 3,618 low | high Med: 2,171 $ / sqft: $539 low | high Med: $401 On site: 134 low | high Med: 156 | |
Market Activity 28449
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Kure Beach |
| Zip Code | 28449 |
| School District | New Hanover |
| Elementary School | Carolina Beach |
| High School | Ashley |
| Listing VS Median (in 28449) | |
Price: $1,950,000 low | high Med: $870,000 sqft: 3,618 low | high Med: 2,171 $ / sqft: $539 low | high Med: $401 On site: 134 low | high Med: 156 | |
