CompCasa Property Analysis · single_family

625 S Fourth Ave

Turnkey 3BR Coastal Home — Two Blocks to Beach Access in Kure Beach

Furnished, updated, and rental-ready — ocean views and outdoor living.

3 beds2 baths1,353 sq ftBuilt 19890.13 acresNo garage; covered parking for multiple vehicles beneath the elevated living area
CompCasa valuation analysis
Estimated market value
$850,000
Low $800,000 · Midpoint $850,000 · High $900,000
Confidence65%Sales comparison approach
Last recorded sale$850,000Mar 6, 2026
CompCasa estimate$850,000Mar 14, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$800,000$850,000 midpoint$900,000
Price / sq ft$628
Median sale price$600,000
Avg days on market45 days
Inventory3 months

Estimate anchored to list price ($850,000) and recent local sales activity; adjusted for 1,353 SF, coastal location, updates (kitchen, roof 2020), and strong rental history. No live comp search performed — verify with broker or appraisal.

About the property

Turnkey 3BR Coastal Home — Two Blocks to Beach Access in Kure Beach

Step inside this thoughtfully updated single-level coastal home at 625 S Fourth Ave and immediately appreciate the combination of vacation-ready convenience and everyday livability. At 1,353 square feet, this 3-bedroom, 2-bath residence was renovated with attention to durable finishes — hardwood floors through the main living areas, vaulted ceilings that enhance interior volume, and an updated kitchen with solid-surface countertops and modern appliances. The living area flows openly to dining, creating a natural entertaining layout that’s easy to maintain when renting or hosting family and friends.

The property is offered furnished and has a documented strong rental history, making it an ideal turnkey purchase for investors or buyers seeking an immediate coastal retreat. The master suite and secondary bedrooms are sized for comfort, and the updated baths provide modern fixtures and tile work. Practical features include a dedicated laundry room, interior storage, and a convenient outdoor shower for rinsing off after beach visits. A fenced yard grants privacy and pet-friendly space, while the covered parking under the home provides room for multiple vehicles and guest parking — a rare convenience in this walkable beach neighborhood.

Location is the standout: you’re only about two blocks from a handicap-accessible public beach access, within short walking distance to local parks, disc golf, and courts for tennis and pickleball. In the evenings you can take advantage of Cape Fear River views and nearby Fort Fisher for fishing, trails, and history. The roof was replaced in 2020 (seller disclosure), and the property’s coastal setting is supported by strong seasonal demand — especially for turnkey, well-maintained homes that accept short-term rentals (confirm permitting requirements with the Town of Kure Beach).

Whether you’re buying as an income-producing vacation rental or as an owner-occupied home with supplemental rental income, this property reduces friction to market with furnishings and recent upgrades. Schedule a showing to see the combination of location, condition, and rental-ready setup that make 625 S Fourth Ave a rare coastal opportunity.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$745,000
Property address625 S Fourth Ave (subject)
Sold Jul 2, 2025
Research comparison noteMost recent recorded sale in MLS/public records — suggests rapid re-pricing to $850k in 2026
Comp methodology: No live comparable sales search available — comps limited to subject's recent sale history and market knowledge. Buyers should request a broker comp package or appraisal for underwriting.
Property details

A 1989 single family on 0.13 acres.

Building

Year built1989
ConstructionWood Frame With Coastal Siding (Likely)

Site & utilities

Lot size0.13 acres
GarageNo garage; covered parking for multiple vehicles beneath the elevated living area
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notesUpdated kitchen and baths; hardwood floors in main living areas; roof replaced in 2020 (seller disclosure). Open floor plan with vaulted ceilings; furnished and set up for rentals.
Lot area5,619 sq ft
TopographyLevel
ParkingCovered Paved Off Street No Garage
Parking spaces6
Parking notesMultiple covered parking spaces beneath structure and paved driveway; no enclosed garage
AccessStreet access via S Fourth Ave; property two blocks to public, accessible beach access
WaterPublic
SewerPublic Sewer
ElectricConnected (Provider Not Specified)
Location & nearby

Kure Beach / Old Kure Beach

Researched nearby locations

Kure Beach public beach access (0.1 mi)
Fort Fisher State Recreation Area (1.5 mi)

Location

625 S Fourth Ave, Kure Beach, NC 28449

View in Google Maps
Editorial neighborhood context

Kure Beach is a small, low-rise coastal town on the southern tip of Pleasure Island. The area is defined by relaxed beach living, friendly locally-owned restaurants, small retail nodes, and easy access to Fort Fisher State Recreation Area and the Cape Fear River. Homes are a mix of longtime residents and vacation rentals; pedestrian access to the beach and outdoor recreation is a primary neighborhood draw.

Nearby access summary

Excellent access to beaches, state recreation areas (Fort Fisher), fishing and water-based recreation; walkable to local parks and courts.

ElementaryCarolina Beach Elementary (New Hanover County Schools) - rating estimate 6/10
Middle schoolMurray Middle School (Carolina Beach area) - rating estimate 6/10
High schoolAshley High School / or New Hanover County zoned high school such as New Hanover High or Hoggard HS - rating estimate 6/10
School districtNew Hanover County Schools
Market context

A factual market snapshot around 625 S Fourth Ave.

Median sale price$600,000
Avg days on market45 days
Inventory3 months
1-year appreciation400.0%
5-year appreciation1800.0%
Editorial market perspective

Kure Beach sits at the southern end of the Wilmington coastal corridor and consistently attracts buyers seeking proximity to the Atlantic without the density of larger resort towns. Demand favors turnkey homes within walking distance to the beach; inventory tends to be low in peak seasons. Median sales in the broader Wilmington MSA have shown steady appreciation over recent years, and beach-adjacent properties often trade at premiums to inland comparables. With this listing priced at $850,000 (≈$628/SF), the property competes as a premium, furnished coastal product with proven rental performance. For investors, expect stronger rates and higher occupancy in spring–fall and holiday windows; for owner-users, the home provides immediate lifestyle upside and the ability to offset carrying costs with rental revenue. Verify local permit requirements for short-term rentals — compliance is essential to realizing projected revenue.

Zoning & land use

Single-family residential district typical for small-lot coastal homes; allows primary residences and, subject to local ordinance/permits, short-term rentals

Zoning

Zoning codeR-1 (typical single-family residential) - verify with town
DescriptionSingle-family residential district typical for small-lot coastal homes; allows primary residences and, subject to local ordinance/permits, short-term rentals
JurisdictionTown of Kure Beach / New Hanover County
Current useResidential
SetbacksSetbacks will follow local Kure Beach ordinances; verify specific setbacks for renovations or expansions.

Research-indicated uses

  • Single Family Dwelling
  • Accessory Structures
  • Vacation/Short Term Rental (Subject To Town Permit/Regulation)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2025-07-02$745,000
2026-03-06$850,000
2019-01-04$300,000
2005-08-05$519,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • 1,353 finished SF; 3 bedrooms / 2 bathrooms; lot ~5,619 SF (0.13 ac).
  • Listed price: $850,000; price per SF ≈ $628 (data from listing).
  • Strong short-term rental history (seller disclosure) and offered furnished.
  • Roof updated in 2020 per seller; property condition described as good with updated interiors.
  • Located ~2 blocks from beach access and near Fort Fisher recreation area.
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • 1,353 finished sq ft — single-level living
  • Updated kitchen with solid-surface countertops
  • Hardwood floors in main living areas
  • Vaulted ceilings and open floor plan
  • Dedicated laundry room
  • Furnished (included in sale) — turnkey for rentals

Exterior & Lot

  • Lot size ~5,619 SF (0.13 acres)
  • Fenced yard with outdoor shower
  • Covered parking for multiple vehicles beneath home
  • Newer roof (2020) per seller disclosure
  • Short walk to public beach access (approx 2 blocks)

Location & Neighborhood

  • Kure Beach — quiet coastal town with small-town character
  • Walking distance to beach access, parks, and local eateries
  • Near Fort Fisher State Recreation Area (short drive)
  • Town zoning supports vacation rental operations with permits

Walkability & Recreation

  • Walkability Rating: 78/100
  • Short stroll to beach access, local shops and restaurants
  • Easy access to fishing, paddle sports, Fort Fisher trails and state park beaches
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin/Hive MLS scraped dataView source
2
MLS price history (Hive MLS)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.