Multi Family at 619 Lake Park Boulevard S, Carolina Beach, NC 28428, Carolina Beach
1 photo

$1,250,000

619 Lake Park Boulevard S, Carolina Beach, NC 28428
Carolina Beach, NC 28428
Listed by Greg Lindsay · Coastal Properties
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1937

About this home

Discover a rare investment and redevelopment opportunity that is currently producing income in the heart of Carolina Beach, ideally positioned between the Atlantic Ocean and Carolina Beach Lake Park. With street frontage on both sides and two public beach access points on the same block, this distinctive property offers exceptional flexibility for access, driveways, and parking--along with stunning sunrise views over the ocean and evening sunsets over the lake. Currently configured as a six-unit motel, the property includes two owner-occupied units and four income-producing vacation rentals. It has been continuously well maintained, with a new roof installed in 2025, refurbished decks, and Hardie fiber cement siding added in 2019. T-1 zoning supports a wide range of potential uses and new construction options, including single-family homes, two-family dwellings, multifamily dwellings, townhomes, condominiums, apartments, commercial or tourist-oriented structures, hotels, motels, and restaurants. Whether envisioned as a primary residence, vacation retreat, rental-income property, commercial enterprise, or long-term investment, this site offers outstanding possibilities. Enjoy easy access to the Carolina Beach Boardwalk, Lake Park, shopping, dining, entertainment, and some of the island's best-known attractions. From the expansive decks, take in ocean sunrises, watch surfers ride the waves, and unwind with sunset views over Carolina Beach Lake Park. Ask the listing agent about special financing options available through the preferred lender. Opportunities of this caliber are seldom available--schedule your showing today and explore the potential of this exceptional Carolina Beach property.

Property details

MLS #
100608441
Property type
Multi Family
Subdivision
Other
Status
Active
Days on market
2
On market date
October 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.14 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Carolina Beach Elementary
0.37 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
5.11 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
5.1 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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

59
Somewhat walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 1 days ago.

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.