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About This Home

This 7-bedroom, 7-bathroom single family at 636 & 644 S Third Avenue in Kure Beach, NC is listed for $1,950,000 ($539 per sqft). Built in 1940, the home offers 3,618 sqft of living space on a 0.36 acres lot.

Agent Description

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.

Key Features

  • Built in 1940
  • 0.36 acre lot

Property Details

1 story
7 full
1940

Amenities

ViewHardwoodA/C

Monthly Cost Estimate

$10,429/mo

20% down · 6.5% · 30 years

Principal$1,410
Interest$8,450
Insurance$569

Estimates only. Actual payments may vary.

Location

636 & 644 S Third Avenue

Kure Beach, NC 28449

Not In Subdivision

Features & Amenities

Interior Features

Master DownstairsVaulted Ceiling(s)Solid SurfaceBookcasesKitchen IslandCeiling Fan(s)FurnishedHot TubPantryWalk-in ShowerBlinds/ShadesEat-in Kitchen

Exterior Features

Outdoor Shower

Property Details

Flooring

TileHardwoodLvt/lvp

Construction

Wood Siding Wood Frame

Views

OceanWater

Pool Features

PorchDeck

Parking

Off Street

Heating

Electric (Heating)Heat Pump (Heating)Forced Air

Cooling

Wall/Window Unit(s)Window Unit(s)Central AirHeat Pump

Questions & Answers

This 7-bedroom, 7-bathroom single family at 636 & 644 S Third Avenue is listed at $1,950,000 ($539/sqft). The estimated monthly payment is $8,450 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.36 acre lot. Interior Features: Master Downstairs, Vaulted Ceiling(s), Solid Surface. Exterior Features: Outdoor Shower.

This property is listed by Travis Sherry and can be reached at 8884550640 or trav@extrapackofpeanuts.com.

TS

Travis Sherry

Agent at Fathom Realty NC LLC

(888) 455-0640

Listed by Fathom Realty NC LLC · View on Broker Site

MLS# 100565968· Source: listhub· Updated 53 days ago

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

636 & 644 S Third Avenue, Kure Beach, NC 28449

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