Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, age, and proximity to beach. Assessed value of $397,400 appears below market.
Modern 3-Bed Townhome Steps from Carolina Beach Boardwalk
This modern coastal townhome announces itself with a rare corner parcel and immediate access to Carolina Beach’s most desirable assets: the Island Greenway, local dining, and the Boardwalk just half a mile away. Built in 2021 and meticulously maintained, Unit 1 at 1603 Pinfish Lane offers 1,655 square feet across two levels with vaulted ceilings that amplify the open living areas and create an airy, elevated coastal mood.
Inside, luxury vinyl plank flooring flows through an understated palette that highlights custom cabinetry and granite counters in the kitchen. Stainless steel appliances, upgraded lighting, and thoughtful storage make the primary living areas both attractive and highly functional. The tiled master shower and quality fixtures throughout reflect the builder’s attention to detail—finishes that reduce near-term maintenance and elevate resale value.
Parking and utility were carefully considered for seaside living: a 1-car attached garage with epoxy flooring plus additional driveway space provides convenient off-street parking on this level, mostly flat lot. With 50 feet of frontage on Texas Ave and 100 feet on Pinfish Ln, the corner setting broadens outdoor possibilities for garden seating, bikes, or an owner’s beach gear.
Beyond the home’s finishes, this property sits in a market that rewards proximity to the ocean. The MH zoning grants flexibility not typical for most townhomes here, opening potential options for buyer uses; that said, confirm flood-zone and HOA details during due diligence. For investors, recent comps and local rental data support strong seasonal demand—lease estimates center around $3,000/month during peak season—while long-term appreciation in Carolina Beach has outpaced regional averages.
Live here for convenience—the Island Greenway for daily exercise, a short stroll to eateries and grocery shopping, and easy weekend access to Carolina Beach State Park and Freeman Park. Whether you’re seeking a low-maintenance primary residence, a turnkey vacation rental, or a coastal investment with upside, this contemporary townhome blends smart design, modern systems, and a location few can match.
See the properties helping shape the valuation.
Comparable sales
- 666 SF larger
- 1 additional bedroom
- 2.5 additional bathrooms
- Similar lot size
- Same year built
- 245 SF larger
- 1 additional bedroom
- 1.5 additional bathrooms
- Similar lot size
- 16 years older
- 150 SF smaller
- Similar lot size
- Same year built
A 2021 modern coastal on 0.11 acres.
Building
Site & utilities
Wilmington Beach
Researched nearby locations
Location
1603 Pinfish Ln Unit 1, Carolina Beach, NC 28428
Wilmington Beach delivers a relaxed coastal lifestyle with instant access to Island Greenway trails, local cafés, and the lively Carolina Beach Boardwalk. Residents enjoy easy errands—grocery and services within a short drive—plus year-round outdoor options at Carolina Beach State Park and nearby Freeman Park. The area blends seasonal tourism energy with a tight-knit community feel: expect beach-friendly weekend crowds, family-oriented events, and a strong rental market for owners seeking supplemental income.
Excellent access to outdoor amenities: Island Greenway trails just blocks away, the Carolina Beach Boardwalk at 0.5 miles, Carolina Beach State Park within 1.5 miles, and ample beach and surf access for year-round recreation.
A factual market snapshot around 1603 Pinfish Ln Unit 1.
Carolina Beach is firmly a seller’s market right now, driven by limited inventory and strong demand for beach-proximate homes. Local market metrics show roughly 2.5 months of inventory and an average days-on-market near 35, producing a climate where well-priced homes commonly receive multiple offers. Median sale prices in the area sit around $650,000, with recent comparable sales for nearby townhomes clustering between $675K–$725K—consistent with the valuation midpoint of $700,000 for this unit (approximately $423/SF). Townhomes and modern coastal constructions perform particularly well here: they attract both primary buyers seeking low-maintenance living and investors targeting vacation rentals. Rental comps and internal estimates place monthly peak-season rents near $3,000, supporting a gross rental yield around 5.1% based on current pricing. Buyers should be prepared for competition, and sellers can expect strong interest; prudent buyers will have financing and inspections lined up given the quick pace of transactions in this neighborhood.
Mixed-Use High Density
Zoning
Research-indicated uses
- Residential
- Commercial
- Multi Family
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 127 SF smaller
- 145 SF larger
- 1 additional bedroom
- 0.5 additional bathrooms
What the research supports — and what is still worth verifying.
Key findings
- County assessor shows 2021 purchase at $469,000 ($284/SF) — current estimate $700,000 ($423/SF)
- Assessed value $397,400 (land $87,400, improvements $310,000) — annual taxes $2,724
- Zoned MH — allows for mixed-use development including residential and commercial uses
- 3 comparable sales within 0.5 miles in last 6 months range $675K–$725K
- Average days on market in Carolina Beach: 35 days (seller's market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm flood zone status and insurance requirements
- Verify any HOA restrictions or fees
- Review rental income potential and local regulations
- Professional home inspection
- Confirm zoning allowances for mixed-use development
What stands out about this property.
Interior Features
- LVP flooring throughout
- Vaulted ceilings in main living area
- Granite countertops
- Stainless steel appliances
- Custom cabinetry
- Tiled master shower
- Upgraded lighting fixtures
- 2-level living layout
Exterior & Lot
- Corner lot — 0.11 acres (approx. 4,792 sq ft)
- 50 ft frontage on Texas Ave; 100 ft on Pinfish Ln
- 1-car attached garage with epoxy floors
- Driveway parking for additional vehicle
- Level topography
- Low-maintenance exterior
Location & Neighborhood
- 0.5 miles to Carolina Beach Boardwalk
- 0.2 miles to Island Greenway
- 1.2 miles to Carolina Beach State Park
- 0.8 miles to Publix Super Market
- Mixed-Use High Density (MH) zoning
- Wilmington Beach neighborhood
Walkability & Recreation
- Walkability Rating: 65/100 — Some walkable amenities
- Walking distance to beach access and Island Greenway
- Carolina Beach Boardwalk (0.5 mi) for dining and entertainment
- Carolina Beach State Park (1.2 mi) for hiking and nature
- Freeman Park (1.5 mi) for beach driving and surf access
- Neighborhood-friendly routes for biking and running
Sources & research confidence.
See where the property research came from and how confidence varies by field.