$2,600,000

511 N Channel Dr Wrightsville Beach, NC 28480

Estimated payment $14,808/month

Total Views 16,640
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Water Views
  • Water Access
  • Wood Flooring
  • Wrightsville Beach Elementary School Rated A-
  • Deck
  • 1 Fireplace

About This Home

Nestled in one of Wrightsville Beach's most coveted residential neighborhoods, this rare oversized lot offers a unique opportunity to own a versatile coastal cottage on Harbor Island. Currently configured as a duplex with two self-sufficient 2BR/2BA units, this home presents strong rental income potential or the opportunity to convert it into a stunning single-family retreat. Spacious covered porches invite you to soak in the ocean breezes and create the perfect indoor-outdoor living experience. Screened French doors open to bright and inviting interiors, where gorgeous hardwood floors flow throughout comfortable living spaces. Thoughtfully positioned second row from Banks Channel, the home offers partial water views to the east and breathtaking marsh and sunset vistas to the west. With ample green space in the side yard, this property provides a peaceful escape while remaining just a short walk from the beach, local shops, and Wrightsville Beach's best dining. Whether you're seeking a great investment or envisioning your dream coastal home, this is a rare opportunity to own a piece of paradise in one of the island's most desirable locations.

Listing Agent

Katie Moore

Coldwell Banker Sea Coast Advantage Listed on: 04/11/2025

Coldwell Banker Sea Coast Advantage

Co-Listing Agent

Shannon Rice

Coldwell Banker Sea Coast Advantage License #350319

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,047

Year Built

  • Built in 1940

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 75 x 80
  • Fenced Yard
  • Wood Fence

Home Design

  • Duplex
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • Water Views
  • Scuttle Attic Hole
  • Hurricane or Storm Shutters

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Covered patio or porch

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Hoggard High School

Utilities

  • Forced Air Heating System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • Harbor Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05720-003-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,047

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Scuttle
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Walk-in Shower
  • Laundry Location: In Hall, Laundry Closet
  • List Price per Sq Ft: 1107.33
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: Shutters - Hurricane
  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Porch, Deck, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Concrete, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Vented Exhaust Fan, Washer, Gas Oven, Electric Oven, Dryer, Disposal
  • Cooling System: Central Air
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Service Providers Electric Provider: Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric
  • Sewer: Municipal Sewer
  • Water Source: Municipal Water

Association/Amenities

  • Property Mgmt Company: No

Lot Info

  • Deed Page: 335.00
  • Lot Acres: 0.14
  • Lot Dimensions: 75 x 80
  • Lot Sq Ft: 6011.00
  • Lot Water Features: Water Access Comm
  • Zoning: R-1

Tax Info

  • Tax Identifier: R05720-003-006-000
  • Tax Year: 2024

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Hoggard
  • Middle School: Noble

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,047 $930,600 $731,300 $199,300
2022 $5,093 $930,600 $731,300 $199,300
2021 $5,279 $930,600 $731,300 $199,300
2020 $4,662 $683,100 $341,000 $342,100
2019 $4,662 $683,100 $341,000 $342,100
2018 $4,662 $683,100 $341,000 $342,100
2017 $4,765 $683,100 $341,000 $342,100
2016 $3,749 $495,900 $292,800 $203,100
2015 $3,506 $495,900 $292,800 $203,100
2014 $3,407 $495,900 $292,800 $203,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 For Sale $2,600,000 0.0% --
04/11/2025 04/11/25 For Sale $2,600,000 +334.1% $1,107 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $599,000 +6.8% $239 / Sq Ft
01/20/2017 01/20/17 Sold $561,000 -- $224 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $561,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Deed -- --
Deed -- --
Deed $194,000 --
Deed $151,500 --
Deed $135,000 --
Deed $82,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 New Conventional
Closed $110,000 Credit Line Revolving
Open $570,000 Purchase Money Mortgage
Source: Public Records

Source: Hive MLS

MLS Number: 100500833

Hive MLS

APN: R05720-003-006-000