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Sold for $762,876
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    • $762,876

    518 Spencer Farlow Drive #3, Carolina Beach, NC 28428

    4beds
    2,844sqft
    Townhouse
    Built in 2005
    -- sqft lot
    $826,400 Zestimate®
    $268/sqft
    $3,449 Estimated rent

    Home value

    $826,400

    $769,000 - $893,000

    $3,449/mo

    Zestimate® history
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    What's special

    Modern updatesBreathtaking viewsHigh ceilingsElegant hardwood flooringJacuzzi tubLarge master bedroomEnsuite bath
    Welcome to Turtle's Nest - a stunning waterfront end unit townhouse located in Carolina Beach! With breathtaking views and a prime coastal location, this 4 bedroom, 4 full bathroom property offers the perfect blend of luxury and comfort. This spectacular property sits high and dry, with the location being outside the flood zone. Step inside and be greeted by the elegant hardwood flooring and high ceilings that create a grand and inviting atmosphere. Cozy up by the fireplace on cooler evenings and take in the beauty of the water from the comfort of your living room. The first-floor bonus room, currently used as a guest bedroom, provides flexibility for your needs. The large master bedroom boasts an ensuite bath with a jacuzzi tub, offering the ultimate relaxation experience. Each floor offers a balcony with stunning water views, allowing you to soak up the serene surroundings. The kitchen is the perfect entertaining setting for family and friends with plenty of counter space. Enjoy the convenience of an elevator, making travel between floors effortless. Take advantage of the walking trail located right at your back door, perfect for morning strolls or afternoon jogs. The community is very close to the public boat ramp for all your waterfront adventures. Beaches and shopping are nearby for great days of sun and fun! This townhouse comes fully furnished, making it move-in ready and perfect for either a permanent residence or a second home. With modern updates and low HOA fees (covers exterior), this property is an exceptional find. Properties in this community seldom become available. Don't miss your chance to watch the boats go by and enjoy the coastal lifestyle you've always dreamed of.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathy Webb 910-798-4009,

    The Property Shop International Realty

    Bought with:

    Jessica M Keenan, 226854

    Nest Realty

    Source: Hive MLS,MLS#: 100410583MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Master Bedroom, Bedroom 2, Bedroom 3, Bonus Room, Dining Room, Office, Kitchen, Laundry, Living Room, Other
    Primary bedroom
    • Level: Third
    • Dimensions: 21 x 15
    Bedroom 2
    • Level: Third
    • Dimensions: 13 x 12
    Bedroom 3
    • Level: Second
    • Dimensions: 14 x 12
    Bonus room
    • Description: Used as a bedroom
    • Level: First
    • Dimensions: 13 x 12
    Dining room
    • Level: Second
    • Dimensions: 13 x 9
    Kitchen
    • Level: Second
    • Dimensions: 13 x 11
    Laundry
    • Level: Third
    • Dimensions: 8 x 5
    Living room
    • Level: Second
    • Dimensions: 17 x 16
    Office
    • Level: Third
    • Dimensions: 13 x 10
    Other
    • Description: Reading Area
    • Level: First
    • Dimensions: 9 x 9
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher
    • Laundry: Dryer Hookup, Washer Hookup, Laundry Room
    Features
    • High Ceilings, Whirlpool, Ceiling Fan(s), Elevator, Pantry, Walk-in Shower, Blinds/Shades, Gas Log
    • Flooring: Carpet, Tile, Wood
    • Windows: Thermal Windows
    • Basement: None
    • Attic: Pull Down Stairs
    • Has fireplace: Yes
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 2,844
    • Total interior livable area: 2,844 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Lighted, Off Street, On Site, Paved
    • Uncovered spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Deck, Patio, Porch, Balcony
    • Exterior features: Irrigation System
    • Fencing: None
    • Has view: Yes
    • View description: ICW
    • Frontage type: ICW Front
    Lot
    • Features: Dead End
    Details
    • Parcel number: R0880600201500
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Fiber Cement
    • Foundation: Other, Pilings
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Security Lights
    • Subdivision: Island Walk at Snows Cut
    HOA
    • Has HOA: Yes
    • Amenities included: Waterfront Community, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Maintenance Structure, Pest Control, Street Lights, Termite Bond
    • HOA fee: $3,600 monthly
    • HOA name: Island Walk Homeowners Association
    Location
    • Region: Carolina Beach

    Financial & listing details

    • Price per square foot: $268/sqft
    • Tax assessed value: $505,300
    • Annual tax amount: $3,360
    • Date on market: 7/8/2025
    • Cumulative days on market: 101 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/28/2026Listing removed$618,500-18.9%$217/sqft
    Source: Hive MLS #100277650 Report a problem
    3/6/2024Sold$762,876-4.5%$268/sqft
    Source: Hive MLS #100410583 Report a problem
    1/29/2024Pending sale$799,000$281/sqft
    Source: Hive MLS #100410583 Report a problem
    10/31/2023Price change$799,000-3.6%$281/sqft
    Source: Hive MLS #100410583 Report a problem
    10/19/2023Listed for sale$829,000+31.6%$291/sqft
    Source: Hive MLS #100410583 Report a problem
    10/12/2021Sold$629,900$221/sqft
    Source: Hive MLS #100285505 Report a problem
    9/6/2021Pending sale$629,900$221/sqft
    Source: Hive MLS #100285505 Report a problem
    9/2/2021Listed for sale$629,900$221/sqft
    Source: Hive MLS #100285505 Report a problem
    8/26/2021Pending sale$629,900$221/sqft
    Source: Hive MLS #100285505 Report a problem
    8/11/2021Listed for sale$629,900+1.8%$221/sqft
    Source: Hive MLS #100285505 Report a problem
    8/4/2021Listing removed--
    Source: Hive MLS #100277650 Report a problem
    6/22/2021Listed for sale$618,500+83.6%$217/sqft
    Source: Hive MLS #100277650 Report a problem
    7/1/2010Sold$336,790-3.7%$118/sqft
    Source: Public Record Report a problem
    5/30/2010Price change$349,900-6.7%$123/sqft
    Source: foreclosure.com Report a problem
    4/26/2010Price change$374,900-6.3%$132/sqft
    Source: foreclosure.com Report a problem
    4/8/2010Price change$399,900-6.5%$141/sqft
    Source: foreclosure.com Report a problem
    3/6/2010Listed for sale$427,900+27.1%$150/sqft
    Source: foreclosure.com Report a problem
    1/29/2010Sold$336,790-25.1%$118/sqft
    Source: Public Record Report a problem
    1/23/2010Price change$449,900-15.1%$158/sqft
    Source: foreclosure.com Report a problem
    1/21/2010Price change--
    Source: foreclosure.com Report a problem
    10/9/2009Listed for sale$530,000$186/sqft
    Source: Wilkinson and Associates #439580 Report a problem
    11/9/2006Sold$530,000$186/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,614 +4.4%$807,200 +59.7%
    2024$3,461 +3%$505,300
    2023$3,360 -0.7%$505,300
    2022$3,386 -2.9%$505,300
    2021$3,487 +30.4%$505,300 +51.2%
    2020$2,673 $334,100
    2019$2,673 $334,100
    2018$2,673 +2.6%$334,100
    2017$2,606 -16.8%$334,100 -8.5%
    2016$3,132 +6.1%$365,000
    2015$2,953 +2.5%$365,000
    2014$2,880 $365,000
    2013-- $365,000
    2012-- $365,000 -30.1%
    2011-- $522,487
    2010-- $522,487
    2009-- --
    2008-- --
    2007-- --
    Find assessor info on the county website

    Neighborhood: 28428

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    Estimated market value
    $826,400
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    Estimated market value
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