North Pier Ocean Villas

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1800 Canal Dr, Carolina Beach, NC 28428

  • Bankruptcy Auction:  April 4 Bid Deadline / April 7 Auction
  • Minimum Bid:  $3.95 Million
  • Offers may be considered in advance of auction
  • Sale Motion and Bidding Procedures remain subject to Bankruptcy Court approval
  • Incredible opportunity to own the Best View on Carolina Beach
  • Beach access via short walk down Saltmarsh Lane
  • Units boast a spacious, open floor plan with balconies & ocean views
  • A short island drive will take you to the scenic white-sand trail at Carolina Beach State Park that leads to a gorgeous overlook of the Cape Fear River.
  • Carolina Beach's famous vintage boardwalk with restaurants, bars and shopping located only 2-miles south of the property.
  • Historical Fort Fisher, Aquarium, boat launches, and ferry also located nearby.

Property Description

  • North Pier Ocean Villas, located at 1800 Canal Drive, Carolina Beach, NC
  • Phase I, built in 1985 and consisting of 15-units, requires repair/redevelopment
  • Phases II-V, built in 1989-95 and consisting of 27-units (3 being used as office) currently operating as timeshare/short-term rental resort
  • Unit Mix: 6 x 1 bed/1bath, 36 x 2 bed/2bath
  • Private pool and ample covered parking
  • Property to be delivered vacant and free and clear of timeshare interests

Key Property Information

Listing Status
Listing Type
Multifamily type
Garden Style
No. of Units
Average Occupancy
Year Built
Building Size
32,247 Sq ft
Lot Size
0.77 sq ft
No. of Stories
Zoning Code
No. of Parking Spots
Opportunity Zone

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