Welcome to Coastal Living at Its Finest!
Located in the sought-after Pleasure Cay community, this beautifully maintained 3-bedroom, 2.5-bath home offers the perfect blend of comfort, functionality, and coastal charm.
Step inside to find a thoughtfully designed layout featuring a spacious first-floor primary suite, ideal for easy living and privacy. Upstairs, you'll discover two additional bedrooms plus two versatile flex spaces—perfect for a home office, guest room, gym, or playroom.
Love the outdoors? You're in for a treat. This home boasts a private in-ground pool, outdoor grilling station, and your very own 28-foot deeded boat slip—making every weekend feel like a vacation. Whether you're entertaining poolside or heading out on the water, this home offers the ultimate Carolina Beach lifestyle. For added peace of mind the roof was replaced mid 2025.
Sold for $760,000
$760,000
505 Peninsula Drive, Carolina Beach, NC 28428
3beds
2,330sqft
Single Family Residence
Built in 1991
0.3 Acres Lot
$858,600 Zestimate®
$326/sqft
$2,952 Estimated rent
Home value
$858,600
$790,000 - $936,000
$2,952/mo
Zestimate® history
Owner options
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$2,952/mo
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$2,952/mo
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$4,406/mo
Est. payment
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$4,406/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
The Rising Tide Team 910-256-4503,
Intracoastal Realty Corp,
Matt Steiner 910-599-5842,
Intracoastal Realty Corp
Bought with:
Carol M Ellington, 263240
Salt Water Real Estate LLC
Source: Hive MLS,MLS#: 100517095
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Dining Room
Primary bedroom
- Level: Primary Living Area
Dining room
- Features: Formal
Heating
- Heat Pump, Electric
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Built-In Electric Oven, Refrigerator
- Laundry: Laundry Room
Features
- High Ceilings, Ceiling Fan(s), Walk-in Shower, Gas Log
- Flooring: LVT/LVP
- Basement: None
- Has fireplace: Yes
- Fireplace features: Gas Log
Interior area
- Total structure area: 2,330
- Total interior livable area: 2,330 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Porch, Screened
- Pool features: In Ground
- Fencing: Back Yard,Wood,Privacy
- Waterfront features: Boat Slip
Lot
- Size: 0.3 Acres
- Features: Boat Slip
Details
- Additional structures: Shower
- Parcel number: R08810002035000
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Pleasure Cay
HOA
- Has HOA: Yes
- Amenities included: Boat Slip - Assigned, Maintenance Common Areas
- HOA fee: $320 monthly
- HOA name: premier
- HOA phone: 910-679-3012
Location
- Region: Carolina Beach
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $499,500
- Annual tax amount: $3,421
- Date on market: 9/17/2025
- Cumulative days on market: 30 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2025 | Sold | $760,000-3.7%$326/sqft |
Source:  Hive MLS #100517095 Report a problem | ||
| 8/1/2025 | Contingent | $789,000$339/sqft |
Source: Hive MLS #100517095 Report a problem | ||
| 7/21/2025 | Listed for sale | $789,000$339/sqft |
Source: Hive MLS #100517095 Report a problem | ||
| 7/11/2025 | Contingent | $789,000$339/sqft |
Source: Hive MLS #100517095 Report a problem | ||
| 7/8/2025 | Listed for sale | $789,000+112.8%$339/sqft |
Source: Hive MLS #100517095 Report a problem | ||
| 4/7/2016 | Sold | $370,830-6.1%$159/sqft |
Source: Hive MLS #30528265 Report a problem | ||
| 2/10/2016 | Pending sale | $395,000$170/sqft |
Source: United Brokers LTD #30528265 Report a problem | ||
| 9/19/2015 | Listed for sale | $395,000-1.3%$170/sqft |
Source: United Brokers, Ltd #528265 Report a problem | ||
| 1/23/2015 | Listing removed | $400,000$172/sqft |
Source: NO COMPANY PROVIDED #494576 Report a problem | ||
| 11/23/2014 | Listed for sale | $400,000$172/sqft |
Source: NO COMPANY PROVIDED #494576 Report a problem | ||
| 10/1/2014 | Listing removed | $400,000$172/sqft |
Source: NO COMPANY PROVIDED #494576 Report a problem | ||
| 9/23/2014 | Listed for sale | $400,000$172/sqft |
Source: NO COMPANY PROVIDED #494576 Report a problem | ||
| 8/21/2014 | Listing removed | $400,000$172/sqft |
Source: NO COMPANY PROVIDED #494576 Report a problem | ||
| 9/26/2013 | Price change | $400,000-5.9%$172/sqft |
Source: United Brokers Ltd #494576 Report a problem | ||
| 8/14/2013 | Listed for sale | $425,000$182/sqft |
Source: United Brokers Ltd #494576 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,268 +24.7% | $953,300 +90.9% |
| 2024 | $3,422 +3% | $499,500 |
| 2023 | $3,322 -0.7% | $499,500 |
| 2022 | $3,347 -2.9% | $499,500 |
| 2021 | $3,447 +29.3% | $499,500 +49.9% |
| 2020 | $2,666 | $333,300 |
| 2019 | $2,666 | $333,300 |
| 2018 | $2,666 +2.6% | $333,300 |
| 2017 | $2,600 -1.4% | $333,300 +8.5% |
| 2016 | $2,637 +6.1% | $307,300 |
| 2015 | $2,486 +2.5% | $307,300 |
| 2014 | $2,425 | $307,300 |
| 2013 | -- | $307,300 |
| 2012 | -- | $307,300 -25.7% |
| 2011 | -- | $413,607 |
| 2010 | -- | $413,607 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $203,359 |
| 2004 | -- | $203,359 |
| 2003 | -- | $203,359 |
| 2002 | -- | $203,359 |
| 2001 | -- | $203,359 |
| 2000 | -- | $203,359 |
Find assessor info on the county website
Neighborhood: 28428
Nearby homes
- $794,9003 bd2 ba2.4k sqft507 Peninsula Dr, Carolina Beach, NC 28428Off Market
- $405,6000.31 Acres503 Peninsula Dr, Carolina Beach, NC 28428Off Market
- $379,6003 bd2 ba1.7k sqft1408 Kinney Dr, Carolina Beach, NC 28428Off Market
- $248,7003 bd2 ba1.7k sqft1408 Access Rd, Carolina Beach, NC 28428Off Market
- $416,3002 bd2 ba1.1k sqft1406 Kinney Dr, Carolina Beach, NC 28428Off Market
- $534,7003 bd2 ba1.5k sqft501 Peninsula Dr, Carolina Beach, NC 28428Off Market
- $650,0003 bd2 ba1.8k sqft509 Peninsula Dr, Carolina Beach, NC 28428Off Market
- $413,5004 bd2 ba1.3k sqft508 Keys Ln, Carolina Beach, NC 28428Off Market
Nearby schools
GreatSchools rating
- 8/10Carolina Beach ElementaryGrades: K-5Distance: 1.5 mi
- 7/10Charles P Murray MiddleGrades: 6-8Distance: 3.4 mi
- 5/10Eugene Ashley HighGrades: 9-12Distance: 3.4 mi
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
$858,600
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
$858,600
- North Carolina
- New Hanover County
- Carolina Beach
- 28428
- 505 Peninsula Drive
Nearby cities
Nearby zip codes
Other Carolina Beach Topics
