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314 Spencer Farlow Drive Unit Unit 2

Carolina Beach, NC 28428

3 beds
2 baths
1,240 sqft
$394 per sqft
2003 build
– on site

Welcome to 314 Spencer Farlow Drive - Turn-Key Waterfront Living in Carolina Beach!Experience effortless coastal living in this fully furnished 3-bedroom, 2-bath condo located in a highly desirable waterfront community. Whether you're looking for a low-maintenance beach retreat, a full-time residence, or a short-term rental investment, this property is move-in ready and offers unbeatable flexibility.Enjoy sweeping views of Snow's Cut and the Intracoastal Waterway from your private covered porch--ideal for morning coffee or sunset cocktails. Inside, you'll find a bright open-concept layout with vaulted ceilings, abundant natural light, and tasteful coastal furnishings throughout.Turn-Key Highlights:- Comes fully furnished -- everything you need for a vacation home or STR setup- Active short-term rental with strong area demand- Open floor plan with vaulted ceilings and water views- Kitchen includes pantry, full appliance suite, and bar seating- Spacious primary suite with walk-in closet and en suite bath- Washer & dryer included- Assigned covered parking and exterior storage- Easy access to State Park and nearby public boat ramp- Minutes from the beach, marina, restaurants, and boardwalkWhether you're a buyer seeking a beach escape or an investor looking for an income-producing property, this turnkey condo offers it all.Schedule your showing today and start living the island life!

Listing courtesy of HIVE / Cadence Realty Corporation

Last checked: Checking… • Last updated Jun 27, 2025 •

MLS# 100516063 —

The Building

Year Built:

2003
Construction:

Wood Frame
Construction Type:

Stick Built
Unit #:

Unit 2
Roof:

Metal
Attic:

Access Only
Stories:

1.0
Stories/Levels:

2nd Floor Unit
Basement:

None
Exterior Finish:

Vinyl Siding
Foundation:

Pilings
SqFt - Heated:

1,240 Sqft
Exterior Features:

None
Patio and Porch Features:

Balcony, Screened, Covered, Deck
Green Building Features:

None
Handicap Accessible:

None
Green Building Certify:

None
Window Features:

Skylight(s)
Security Features:

Smoke Detector(s)

Interior

Interior Features:

Blinds/Shades, Vaulted Ceiling(s), Walk-In Closet(s), Furnished, Kitchen Island, High Ceilings, Ceiling Fan(s)
# Rooms:

6
Dining Room Type:

Kitchen
Flooring:

LVT/LVP
Fireplace:

None
Laundry Features:

Hookup - Dryer, Laundry Room, Laundry Closet, Hookup - Washer

Financial & Terms

Terms:

Cash, VA Loan, Conventional

Location

Directions to Property:

The property is located at 314 Spencer Farlow Dr., Carolina Beach, NC, 28428. The entrance to Unit 2 is located directly at the top of the external staircase. There is a number 2 on the door of the unit.
Location Type:

Island
City Limits:

No

The Property

Property Type:

A
Subtype:

Condominium
Lot Features:

See Remarks
Lot Water Features:

None
View Type:

Canal, ICW View
Waterview:

Yes
Waterfront:

No
Zoning:

R-1
Horses:

No
Fencing:

None
Frontage Type:

See Remarks
Road Type/Frontage:

Paved, Public (City/Cty/St)

Listing Agent

Contact info:

Taxes

Tax Year:

2024

Beds

Bedrooms:

3

Baths

Total Baths:

2.00
Full Baths:

2

Heating & Cooling

Heating:

Forced Air, Heat Pump
Heated SqFt:

1200 - 1399
Cooling:

Central Air, Wall/Window Unit(s), Heat Pump

Utilities

Utilities:

Cable Available, Underground Utilities, Water Connected, Sewer Connected
Water Heater:

Electric
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances/Equipment:

Dishwasher, Range, Washer, Self Cleaning Oven, Refrigerator, Electric Cooktop, Freezer, Electric Oven, Dryer, Disposal

Schools

School District:

New Hanover

The Community

Subdivision:

Heart of Carolina Beach
Secondary Subdivision:

N/A
On-Site Pool/Spa:

None
HOA:

No

Parking

Garage & Parking: Driveway Spaces:

3.00
Parking Features:

Concrete, Off Street, On Site, Covered

Monthly cost estimate

Asking price

$489,000

Expense	Monthly cost
Mortgage	$2,618
Taxes	N/A
Insurance	$134
Utilities	$108 See report
Total	$2,860/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/26/25 Jun 26, 2025	Listed / Active	HIVE	$489,000

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This condo located in Compass Bend Condominiums, Carolina Beach, NC 28428 is currently for sale for $489,000. 314 Spencer Farlow Drive Unit Unit 2 is a 1,240 square foot condo with 3 beds and 2 baths that has been on Estately for 1 days. 314 Spencer Farlow Drive Unit Unit 2 is in the Compass Bend Condominiums neighborhood of Carolina Beach and has a WalkScore® of 26, making it car-dependent. This condo is in the attendance area of Charles P. Murray Middle School and Eugene Ashley High School.

Listing Courtesy of: HIVE and Cadence Realty Corporation.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.