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    511 Spencer Farlow Dr Carolina Beach, NC 28428

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    For Sale
    $560,000

    Detached 2-bed, 2-bath townhome near the beach with short-term rental potential.

    Property size:
    1,156 SF
    Lot size:
    0.05 Acres

    Property Features for 511 Spencer Farlow Dr

    General Information

    Size
    1,156 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    2015

    Source: KW Innovate Agent Heather Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coastal Townhome Near Carolina Beach

    This detached townhome, located minutes from the shoreline, features 2 bedrooms and 2 bathrooms. The property offers proximity to a public boat ramp. The Carolina Beach Boardwalk, public beach access, and local dining are accessible by bike in approximately 10 minutes. The open floor plan includes a living room with a fireplace and built-in bookshelves, as well as a kitchen equipped with stainless steel appliances, a farmhouse sink, and ample counter space. Crown molding is present throughout the home. A new HVAC system was installed in 2023, along with a new water heater. The primary suite features tray ceilings, a walk-in closet, and an ensuite bathroom with dual vanities. The second bedroom also has tray ceilings, a walk-in closet, and access to a full bathroom. A private front porch offers space for rocking chairs. Additional storage is available in the carport closet. The property has short-term rental potential. It is located near Carolina Beach State Park, Greenway trails, and local establishments such as Drift Coffee, K38 Baja Grill, and Boombalatti's Ice Cream. The property size is 1156 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carolina Beach
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8979231
    Latitude
    34.0537663

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    FAQs

    What type of property is this?
    Single family property - Detached 2-bed, 2-bath townhome near the beach with short-term rental potential.
    Where is this single family property located?
    The property is located at 511 Spencer Farlow Dr Carolina Beach, NC.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: - Minutes from the shoreline with nearby public boat ramp.; - 10-minute bike ride to CAROLINA BEACH BOARDWALK, beach access, and dining.; - Updated with 2023 HVAC and new water heater.
    Request Owner's contact information
    511 Spencer Farlow Dr Carolina Beach, NC 28428
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    Carolina Beach, NC 28428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511 Spencer Farlow Dr Carolina Beach, NC 28428
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