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Sold for $500,000
  • $500,000

    218 N Third Avenue N, Kure Beach, NC 28449

    2beds
    2baths
    634sqft
    Duplex
    Built in 1949
    -- sqft lot
    $499,900 Zestimate®
    $789/sqft
    $1,296 Estimated rent

    Home value

    $499,900

    $475,000 - $525,000

    $1,296/mo

    Zestimate® history
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    $1,296/mo

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    $2,938/mo

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    What's special

    Steps from the ocean
    Welcome to 218 N 3rd Ave, your Seaside Hideaway in Kure Beach! Just steps from the ocean, this property features two 1-bedroom, 1-bath cottages that have been part of a successful long-term rental program for over 10 years. Located in the B-2 zoning district, the lot also offers strong redevelopment potential -- a duplex can be built, providing excellent flexibility for future expansion or increased income. Whether you continue operating the current long-term rentals, convert to short-term vacation rentals, or redevelop into a new beach retreat, this property offers endless opportunity in one of Kure Beach's most desirable locations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren A Bollinger 910-520-2630,

    Network Real Estate

    Bought with:

    Renee W Reitzel, 301697

    Nest Realty

    Source: Hive MLS,MLS#: 100535480MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Other, Electric
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Refrigerator, Range
    • Laundry: None
    Features
    • None
    • Flooring: Carpet, Vinyl
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 634
    • Total interior livable area: 634 sqft

    Property

    Parking
    • Parking features: On Site, Unpaved
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Fencing: None
    • Has view: Yes
    • View description: See Remarks
    • Frontage type: See Remarks
    Lot
    • Size: 5,009 Square Feet
    • Dimensions: 50 x 100 x 50 x 100
    Details
    • Parcel number: R09213006006000
    • Zoning: B-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1949

    Community & HOA

    Community
    • Subdivision: Not In Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Kure Beach

    Financial & listing details

    • Price per square foot: $789/sqft
    • Tax assessed value: $677,000
    • Annual tax amount: $3,236
    • Date on market: 10/10/2025
    • Cumulative days on market: 285 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/3/2026Sold$500,000-8.9%$789/sqft
    Source: Hive MLS #100535480 Report a problem
    7/21/2026Contingent$549,000$866/sqft
    Source: Hive MLS #100535480 Report a problem
    3/25/2026Price change$549,000-6.2%$866/sqft
    Source: Hive MLS #100535480 Report a problem
    10/10/2025Listed for sale$585,000$923/sqft
    Source: Hive MLS #100535480 Report a problem
    2/24/2012Listing removed$650$1/sqft
    Source: Network Real Estate Report a problem
    1/25/2012Listed for rent$650$1/sqft
    Source: Network Real Estate Report a problem
    11/10/2011Listing removed$650$1/sqft
    Source: Network Real Estate Report a problem
    10/11/2011Listed for rent$650$1/sqft
    Source: Network Real Estate Report a problem
    6/28/2011Listing removed$650$1/sqft
    Source: Network Real Estate Report a problem
    1/28/2011Listed for rent$650$1/sqft
    Source: Network Real Estate Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,236 +61.8%$677,000 +150.5%
    2024$2,000 +3.4%$270,300
    2023$1,935 -0.7%$270,300
    2022$1,948 -2.7%$270,300
    2021$2,002 +9.2%$270,300 +31.9%
    2020$1,834 $204,900
    2019$1,834 $204,900
    2018$1,834 +1.1%$204,900
    2017$1,813 +2.6%$204,900 +5.2%
    2016$1,768 +8.7%$194,700
    2015$1,627 +2.5%$194,700
    2014$1,588 $194,700
    2013-- $194,700
    2012-- $194,700 -50.6%
    2011-- $393,931
    2010-- $393,931
    2009-- --
    2008-- --
    2007-- --
    2005-- $78,381
    2004-- $78,381
    2003-- $78,381
    2002-- $78,381
    2001-- $78,381
    Find assessor info on the county website

    Neighborhood: 28449

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Carolina Beach
    • Middle: Murray
    • High: Ashley

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $499,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $499,900