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Contingent
$649,900 Est. $4,505/mo — Get pre-qualified
3beds 2baths 1,747sq ft 0.28acres

502 Peninsula Drive · Carolina Beach, NC 28428

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Homes in Carolina Beach's Pleasure Cay community rarely become available, making this one-owner home an especially exciting opportunity. The original owners built the home and have cared for it over the years, and it now offers the chance for a new owner to bring their vision to a property with great bones, a generous lot and an exceptional coastal location. Nestled beneath mature trees on approximately .28 acres, the home features 3 bedrooms, 2 full bathrooms and approximately 1,747 square feet of single-level living. One of the property's biggest highlights is the deeded 28-foot boat slip in Pleasure Cay's gated community marina, complete with parking and convenient access for boating and fishing. The beach is just minutes away, putting both the water and the best of Carolina Beach within easy reach. Inside, the spacious layout includes generous living and dining areas, a large primary suite, pantry and ample storage. A 25' x 15' garage provides valuable additional space, while the covered front porch and multiple deck areas offer plenty of opportunities to enjoy the peaceful, tree-lined setting. Recent roof and HVAC updates provide a solid foundation for the next owner. The interior could use some updating, but the home offers plenty of potential for a buyer willing to put in some TLC and make it their own. Outside, the fully fenced backyard is private and surrounded by mature trees. Whether you're looking for a primary residence, second home or coastal getaway, the combination of a rare Pleasure Cay location, generous lot, garage, beach proximity and deeded boat slip makes this a special Carolina Beach opportunity.

Features & Amenities

Living Area1,747 Sq.Ft.
Bedrooms3
Baths2
HeatingElectric, Heat Pump
CoolingCentral Air
FireplaceNo
Interior FeaturesMaster Downstairs
StyleSingle Family Residence
Year Built1986
ConstructionWood Siding, Wood Frame
RoofShingle
FoundationCrawl Space
ParkingGarage
StatusContingent
Lot Size0.28 Acres
Lot FeaturesBoat Slip
SubdivisionPleasure Cay
CountyNEW HANOVER
Last UpdatedOct 9, 2026
UtilitiesSewer Connected, Water Connected
HOAYes — $320 / year
HOA ManagementPremier Management
ElementaryCarolina Beach Elementary School
MiddleMurray Middle School
HighAshley High School
Presented By: Nest Realty; ryan@nestrealty.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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Last Updated: Oct 9, 2026