(864) 362-2375
636 & 644 Third Avenue
$1,950,000

636 & 644 Third Avenue, Kure Beach, NC 28449

7Beds
7Baths
3,618SQFT
0.36Acres
1940YearYear Built

About This Home

Why buy one beach house when you can buy three? Three bungalows. Three lots. And one completely turnkey investment that generated over $180,000 in gross rental revenue in 2025 and is one pace to do $250k+ in 2026 -- making it one of the highest-rated short-term rental properties on the entire island. This isn't your average beach house. It includes 3 standalone units, all fully renovated and furnished: Bungalow 1: 2 bedroom/2 bath with a large, open floor plan kitchen and living room, screened in side porch, large front deck with hot tub and ocean view. Bungalow 2: Perfectly laid out studio unit with outdoor space on both sides, including a hot tub and outdoor shower on one side and a lounge area on the other. Bugalow 3: 4 bedroom/4 FULL bath property with 3 ensuite bedrooms, large kitchen area, breezeway separating the two wings and a private deck area with hot tub. Since 2023, this collection of charming coastal bungalows has been completely transformed into a polished, guest-ready micro resort. Every unit was redesigned from the ground up, interiors brightened and refreshed, exteriors freshly painted, and the outdoor spaces elevated with three brand new hot tubs, three outdoor showers, a fire pit, and all-new landscaping. The result? A property that practically runs itself and keeps guests coming back. All furniture included. Just show up and start collecting checks. And it gets sweeter -- those three separate lots each have the potential to support a duplex, giving a savvy developer a serious runway for future upside. Whether you're someone looking to live at the beach for free by living in one unit while the others pay your mortgage, a seasoned investor adding a proven performer to your portfolio, or a developer with an eye on what this land could become -- this one checks every box. Turnkey. Cash-flowing. Irreplaceable. Here's your chance to own Kure Beach's finest micro resort. Listing agent is one of the owners of the property.

Location

Key Facts

Status: Active
Type: Residential
Neighborhood: Not In Subdivision
HOA Fees: $0
MLS: Hive
MLS #: 100565968

Features

Single Family Residence
Electric Water Heater

Mortgage Calculator

$9,860Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $1,950,000
Status: Active — For Sale
Days on market: 177
Last updated: Aug 19, 2026

Schools

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Listing courtesy of Fathom Realty NC LLC
Source MLS #: 100565968
Last updated: Aug 19, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.