Residential Lot at 309 Tennessee Avenue, Carolina Beach, NC 28428
Residential Lot at 309 Tennessee Avenue, Carolina Beach, NC 28428, photo 2 of 11
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Water and Sewer Taps Already Onsite - 309 Tennessee Avenue, Carolina Beach, NC 28428
Residential Lot at 309 Tennessee Avenue, Carolina Beach, NC 28428, photo 9 of 11
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Residential Lot at 309 Tennessee Avenue, Carolina Beach, NC 28428, photo 11 of 11
11 photos

$795,000

309 Tennessee Avenue, Carolina Beach, NC 28428
Carolina Beach, NC 28428
Listed by Mike Lardieri · Homes For Sale in Wilmington
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

A unique opportunity:...build up to 3 units... Not many double lots this close to the ocean are left...especially in this sought-after neighborhood near Tiki Bar & Sea Grove. Potential for AMAZING VIEWS, steps to the sand, a rare corner lot, and located on a quiet street... This one is truly unique....Not many double lots like this remain, especially on a corner. The sellers are ready to work with a serious buyer. Many possibilities exist here:(1) Build 2 single-family homes. (2) Build an OVERSIZED, LUXURY BEACH HOME with a large RESORT-STYLE POOL and a bigger backyard. (3) Build 3 units: 2 townhomes & 1 single-family home. (4) Build 3 tiny homes via a PUD. (5) Build an oversized 2-unit building, with each unit having its own entrance on a different street. Each unit could be close to 40 ft wide. The oversized parcel on the corner gives you lots of options, as you reorient these lots to meet you desires.,,, if you want to see a 3 unit project on the same size lot, ride by the corner of Alabama & Swordfish. Look at 1622 Swordfish. There is also a Luxury Single family on the opposite corner of Alabama & Swordfish. Call if you have any questions about these options. Details: A huge double lot just steps to the ocean. Nice ocean views are possible from upper porches, with lots of privacy, a corner lot, and plenty of room for a large pool! One of the best locations in Carolina Beach. This listing includes both 307 & 309 Tennessee Ave. Enjoy ocean views down Tennessee Ave. Just a 3-minute walk to Tiki Bar and relaxing beach access. Great surf break out front and the multi-use Sea Trail at the end of the street. The CORNER LOT allows for muitple units, side-load garages, provides more natural light, and offers better views. Note: 207 Tennessee Avenue | Just a Single Lot, sold for $505,000. Tennessee Ave is one of the more sought-after areas in CB, with the ocean on one end and Sea Grove on the other. This is one of CB's nicer neighborhoods, filled with newer beach homes. The property feels bigger and more private due to increased green space in the front yard compared to neighboring streets. To get a sense of this, compare homes on Bowfin to homes on Tennessee Ave--you'll notice how much more private they feel since they sit farther back from the road. They also offer more parking and better ocean views. Build your OVERSIZED DREAM HOME here or build 2 homes. or up to 3 units. This is a rare, oversized parcel very close to the ocean. Call for more details, or if you have questions. The sellers are ready to work with a serious buyer.

Property details

MLS
Hive MLS
MLS #
100567012
Property type
Residential Lot
Subdivision
Wilmington Beach
Status
Active
Days on market
186
On market date
April 14, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.17 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Carolina Beach Elementary
0.6 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
409
Student:teacher ratio
14.6:1
District
New Hanover County Schools
Middle
Charles P Murray Middle
5.43 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
832
Student:teacher ratio
16.6:1
District
New Hanover County Schools
High
Eugene Ashley High
5.41 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,931
Student:teacher ratio
18.2:1
District
New Hanover County Schools

Walkability

Blended score for Carolina Beach's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

54
Somewhat walkable
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
65 / 100
Restaurants & cafes20
Grocery stores1
Parks14
Schools3
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Carolina Beach, from live MLS data.

On the market 186 days -- 66 more days than Carolina Beach's current average of 120 days.
For reference, the median list price across 250 active listings in Carolina Beach right now is $599,450.

Mortgage calculator

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Est. monthly payment
$4,938/mo
$159,000 down
$636,000 loan
Principal & interest$4,125
Property tax (est.)$663
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 31, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.