316 Carolina Beach Ave N, Carolina Beach, NC 28428

$3,775,000

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Sold Price
$3,775,000
List Price
$4,250,000
Closing Date
Mar 24, 2026
MLS#
100538544
Status
CLOSED
Year Built
1967
Acres
0.43
County
New Hanover
Subdivision
Not In Subdivision

Property Description

Pleased to Offer The Savannah Inn Oceanfront Motel - Carolina Beach, NC A Rare Oceanfront Investment Opportunity Presenting a unique opportunity to acquire The Savannah Inn, a well-established oceanfront motel located in the heart of Carolina Beach, one of North Carolina's most dynamic and growing coastal markets. This family-operated business has been a beloved destination for years, boasting a strong repeat clientele and exceptional visibility. Perfectly situated on three oceanfront lots, The Savannah Inn offers unmatched proximity—just steps from the Carolina Beach Boardwalk and the lively Downtown District—ensuring year-round appeal to vacationers and repeat guests alike. Property Highlights 22 Fully Renovated Rooms - Complete renovation in 2019, each featuring kitchenettes and modern finishes Prime Oceanfront Location - Direct beach access and stunning views Large Oceanfront Pool - A premier amenity for guests On-Site Tiki Bar - Excellent opportunity to expand revenue streams Outstanding Walkability - Just steps from restaurants, shopping, and entertainment Established Brand & Loyal Clientele - Strong occupancy and repeat business Turnkey Operation - Ideal for investors seeking immediate cash flow and long-term upside Investment Overview The Savannah Inn represents a turnkey coastal hospitality investment with significant upside potential. With all major capital improvements completed in 2019, investors can focus on revenue growth through expanded food & beverage operations or potential redevelopment opportunities in this high-demand beachfront corridor. Full financials and additional details available to qualified buyers upon execution of a Non-Disclosure Agreement (NDA). Seller Financing Possibility

Additional Information

Heating
Electric

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Listing courtesy of Coldwell Banker Sea Coast Advantage-CB. Selling Office: Island Blue Properties.