Single Family Residence at 701 Fifth Street S, Carolina Beach, NC 28428
Single Family Residence at 701 Fifth Street S, Carolina Beach, NC 28428, photo 2 of 4
Single Family Residence at 701 Fifth Street S, Carolina Beach, NC 28428, photo 3 of 4
Single Family Residence at 701 Fifth Street S, Carolina Beach, NC 28428, photo 4 of 4
4 photos

$739,900

701 Fifth Street S, Carolina Beach, NC 28428
Carolina Beach, NC 28428
Listed by Nathan A Pelsh · Carolina Retreats Vacations LLC
Bedrooms
3
Bathrooms
2.5
Living area
2,000 sqft
Year built
1990

About this home

Charming 3-bedroom, 2.5-bath Victorian style home located in the heart of Carolina Beach, offering an incredible opportunity to create your dream coastal retreat. Perfectly situated within walking distance to Carolina Beach Elementary, the Carolina Beach Lake, the iconic boardwalk, and the pristine beaches of Pleasure Island, this property delivers both convenience and lifestyle. Set on a rare 12,000+ square foot corner lot--one of the largest on the island--this home is a true standout with endless potential. A detached shed with power provides the ideal space for storing beach gear, fishing equipment, and lawn tools. This fixer-upper is a unique investment opportunity for those looking to renovate and transform a classic Victorian into one of the premier homes in the area. Whether you're an investor, contractor, or purchaser with vision, properties with this size, location, and potential are hard to come by! Don't miss your chance to own a piece of Carolina Beach with room to grow and customize!

Highlights

Fireplace

Property details

MLS
Hive MLS
MLS #
100570948
Property type
Single Family Residence
Subdivision
Not In Subdivision
Status
Active
Days on market
169
On market date
May 1, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
1
Parking spaces
4
Lot size
0.28 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
0.17 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
4.96 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
4.94 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

Market position

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

On the market 169 days -- 49 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

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

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Est. monthly payment
$4,606/mo
$147,980 down
$591,920 loan
Principal & interest$3,839
Property tax (est.)$617
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 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.