
701 Fifth Street S · Carolina Beach, NC 28428
Charming 3-bedroom, 2.5-bath Victorian style home located in the heart of Carolina Beach, offering an incredible opportunity to create your dream coastal retreat. Perfectly situated within walking distance to Carolina Beach Elementary, the Carolina Beach Lake, the iconic boardwalk, and the pristine beaches of Pleasure Island, this property delivers both convenience and lifestyle.
Set on a rare 12,000+ square foot corner lot--one of the largest on the island--this home is a true standout with endless potential. A detached shed with power provides the ideal space for storing beach gear, fishing equipment, and lawn tools.
This fixer-upper is a unique investment opportunity for those looking to renovate and transform a classic Victorian into one of the premier homes in the area. Whether you're an investor, contractor, or purchaser with vision, properties with this size, location, and potential are hard to come by!
Don't miss your chance to own a piece of Carolina Beach with room to grow and customize!
Features & Amenities
Location
Property boundary from county GIS
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Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood 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.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 9, 2026 | Price Reduced | $779,900 → $739,900 | ▾ $40,000 (5.1%) |
| May 1, 2026 | Price Change | $799,900 | — |
Monthly Cost Estimate
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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Last Updated: Oct 9, 2026