309 M Avenue

Description

Turn the key and start enjoying the Kure Beach lifestyle from day one! Whether you're searching for a primary residence, second home, or an investment property, this beautifully updated beach cottage checks every box. Currently operating as a vacation rental, it's furnished and ready for the next owner to continue welcoming guests or simply unpack and enjoy coastal living. A recent rental analysis projects approximately $50,000 in annual rental income, making this an excellent opportunity for investors seeking a turn-key coastal property (Please note that a seller exclusion list identifying specific non-conveying items is available in the documents). Inside, you'll find 3 bedrooms, 1.5 bathrooms, an inviting open living space, and a beautifully updated kitchen featuring Whirlpool and GE stainless steel appliances, abundant cabinetry, generous counter space, and a dedicated coffee bar - perfect for slow mornings before the beach or unwinding after a day in the sun. Luxury vinyl plank and tile flooring, ceiling fans, and tasteful coastal furnishings create a space that's both comfortable and move-in ready. Significant updates provide added value and peace of mind, including new windows installed by Andersen (2024), a new HVAC system featuring a heat pump, furnace, and air conditioning unit (2025), a crawlspace dehumidifier (2025), and a water heater replaced in 2022. All HVAC improvements include an existing warranty and maintenance agreement with Southern Air Heating & Cooling. Step outside and embrace the coastal lifestyle with inviting front and rear screened porches, a fully fenced backyard, an outdoor shower for rinsing off after a day at the beach, a storage shed for all your beach gear, and a spacious driveway with parking for three or more vehicles. Best of all, you're just moments from the the sandy shoreline of Kure Beach & Carolina Beach, Fort Fisher State Recreation Area, the North Carolina Aquarium at Fort Fisher, the Southport-Fort Fisher Ferry, local restaurants, coffee shops, and island boutiques. When you're ready to explore beyond the island, historic downtown Wilmington, Wilmington International Airport and Wrightsville Beach are all approximately 30 minutes away, offering the perfect balance of relaxed coastal living and easy access to some of southeastern North Carolina's most iconic destinations. Whether you're looking to continue a proven vacation rental, create your own coastal retreat, or invest in one of the Cape Fear region's most desirable beach communities, this is an opportunity you won't want to miss.