UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,559 sqft
Price per Sqft $641
Subdivision Hanby Beach
MLS Listing ID 100536808
Style Wood Frame
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1953
Annual Tax Amount $4,363
Lot Size 9,017 Sqft
Acres 0.21
Lot Dimensions 90.9 X 105 X 90.9 X 105
Property Sub-Type Single Family Residence
Source Hive MLS
Property Description
Situated at the corner of N. Fort Fisher Blvd. and Hanby Ave, this unique property offers exceptional flexibility and investment potential. Once two separate parcels, now combined into one, the site sits just one row off the ocean and spans approximately 0.21 acres, according to county records. Currently featuring two income-producing residential homes, 1203 N Fort Fisher Blvd and 102 Hanby Ave, and a 24' x 24' detached two-car garage, the property presents multiple options — continue as-is with strong rental income, or explore building possibilities such as a spacious luxury single-family residence, or possibly a duplex, or triplex. ***Exact options for what would be allowed are currently unverified*** Please direct inquiries about possible build options that may be allowed to maximize density on the site by contacting the Town of Kure Beach and New Hanover County planning offices. Enjoy ocean breezes and quick beach access via two nearby public walkways. The larger home at 1203 N. Fort Fisher Blvd. offers 3 bedrooms and 1 bath, with new updates. The cozy cottage at 102 Hanby Ave. includes 1 bedroom and 1 bath — perfect for guests or rental income. No HOA. Partial Ocean views are currently possible if 2+ story structure built there. Both homes are currently being leased & sold subject to tenants rights. The homes did get some limited water intrusion during the PTC 8 storm event in Sept 2024. A historic rainfall event where 18 inches of rain was reported in 12 hours, all damage was remediated and updates made to 1203. This sale is subject to a 10-day upset bid period through court process. Don't miss this rare opportunity - a coastal Island property with many options and just steps from the beach!
Location
State NC
County New Hanover
Community Hanby Beach
Zoning RA-3
Direction Property located on N Fort Fisher Blvd between Alabama Ave and Hanby Ave, west side of the road
Location Details Island
Rooms
Other Rooms See Remarks
Primary Bedroom Level Primary Living Area
Interior
Interior Features Ceiling Fan(s), Pantry
Heating Heat Pump, Electric, Forced Air
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Range, Dishwasher
Exterior
Parking Features Additional Parking, See Remarks, Off Street, On Site, Paved
Garage Spaces 2.0
Utilities Available Sewer Connected, Water Connected
Roof Type Metal,Shingle
Porch Deck, Porch, Screened
Building
Lot Description Front Yard, Corner Lot
Story 1
Entry Level One
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Schools
Elementary Schools Carolina Beach
Middle Schools Murray
High Schools Ashley
Others
Tax ID R09206-003-001-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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