636 & 644 S Third Ave Kure Beach, NC 28449
Estimated payment $10,607/month
Highlights
- Indoor Spa
- 0.36 Acre Lot
- Vaulted Ceiling
- Carolina Beach Elementary School Rated A-
- Deck
- Corner Lot
About This Home
Why buy one beach house when you can buy three? Three bungalows. Three lots. And one completely turnkey investment that generated over $180,000 in gross rental revenue in 2025 and is one pace to do $250k+ in 2026 -- making it one of the highest-rated short-term rental properties on the entire island. This isn't your average beach house. It includes 3 standalone units, all fully renovated and furnished: Bungalow 1: 2 bedroom/2 bath with a large, open floor plan kitchen and living room, screened in side porch, large front deck with hot tub and ocean view. Bungalow 2: Perfectly laid out studio unit with outdoor space on both sides, including a hot tub and outdoor shower on one side and a lounge area on the other. Bugalow 3: 4 bedroom/4 FULL bath property with 3 ensuite bedrooms, large kitchen area, breezeway separating the two wings and a private deck area with hot tub. Since 2023, this collection of charming coastal bungalows has been completely transformed into a polished, guest-ready micro resort. Every unit was redesigned from the ground up, interiors brightened and refreshed, exteriors freshly painted, and the outdoor spaces elevated with three brand new hot tubs, three outdoor showers, a fire pit, and all-new landscaping. The result? A property that practically runs itself and keeps guests coming back. All furniture included. Just show up and start collecting checks. And it gets sweeter -- those three separate lots each have the potential to support a duplex, giving a savvy developer a serious runway for future upside. Whether you're someone looking to live at the beach for free by living in one unit while the others pay your mortgage, a seasoned investor adding a proven performer to your portfolio, or a developer with an eye on what this land could become -- this one checks every box. Turnkey. Cash-flowing. Irreplaceable. Here's your chance to own Kure Beach's finest micro resort. Listing agent is one of the owners of the property.
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 15,682 Sq Ft Lot
- Property fronts a state road
- Landscaped
- Corner Lot
- Property is zoned RA-2
Parking
- Off-Street Parking
Home Design
- Metal Roof
- Wood Siding
Interior Spaces
- 3,618 Sq Ft Home
- 1-Story Property
- Furnished
- Bookcases
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Living Room
- Dining Area
- Indoor Spa
- Crawl Space
- Laundry closet
Kitchen
- Kitchen Island
- Solid Surface Countertops
Flooring
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Full Bathrooms
- Walk-in Shower
Outdoor Features
- Outdoor Shower
- Deck
- Screened Patio
- Porch
Schools
- Carolina Beach Elementary School
- Murray Middle School
- Ashley High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R09405-009-020-000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,214 | $672,300 | $351,400 | $320,900 |
| 2024 | $2,484 | $335,700 | $202,000 | $133,700 |
| 2023 | $2,403 | $335,700 | $202,000 | $133,700 |
| 2022 | $2,420 | $335,700 | $202,000 | $133,700 |
| 2021 | $2,487 | $335,700 | $202,000 | $133,700 |
| 2020 | $2,656 | $296,800 | $169,200 | $127,600 |
| 2019 | $2,656 | $227,500 | $169,200 | $58,300 |
| 2018 | $2,013 | $227,500 | $169,200 | $58,300 |
| 2017 | $1,942 | $227,100 | $169,200 | $57,900 |
| 2016 | $2,017 | $222,100 | $158,900 | $63,200 |
| 2015 | $1,856 | $222,100 | $158,900 | $63,200 |
| 2014 | -- | $222,100 | $158,900 | $63,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $1,950,000 | +25.0% | $539 / Sq Ft | |
| 01/13/2023 01/13/23 | Sold | $1,560,000 | +0.6% | $427 / Sq Ft | View Prior Sale |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- | |
| 09/21/2022 09/21/22 | For Sale | $1,550,000 | -- | $424 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,560,000 | -- | |
| Warranty Deed | $1,560,000 | None Listed On Document | |
| Warranty Deed | $250,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,248,000 | New Conventional |
Source: Hive MLS
MLS Number: 100565968
APN: R09405-009-020-000
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2026 Hive MLS LLC
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Ask me questions while you tour the home.