$2,490,000

3 bd · 4 ba · 3,100 sq ft

159 Loblolly Drive

Pine Knoll Shores, NC, 28512 · Pine Knoll Association

Hive MLSListed by Baran Properties

About this home

A once-in-a-lifetime opportunity to own one of the Crystal Coast's most admired legacy properties. Situated on Lots 159 and 161 Loblolly Drive, this exceptional waterfront estate encompasses nearly one acre of beautifully landscaped grounds and offers approximately 300 feet of protected canal frontage, creating a private retreat unlike any other. Designed by renowned architect James B. Wilis, Jr. and inspired by the organic principles of Frank Lloyd Wright and the ambiance of a Polynesian resort, this distinguished residence is a remarkable example of timeless architecture and thoughtful design. Built in 1973 and lovingly maintained by its original owner, the home represents a rare opportunity to preserve and enjoy a true architectural treasure. Spanning 3100 square feet, the residence offers three bedrooms and three full baths, with dramatic 13-foot cathedral ceilings and expansive 8-foot windows that fill the home with natural light while showcasing the surrounding waterfront landscape. The spectacular cathedral-screened porch overlooks the canal and serves as an extension of the living space, providing an extraordinary setting for entertaining or peaceful relaxation. The primary suite offers exceptional comfort and privacy, featuring separate his-and-her vanities and closets. Additional highlights include generous storage throughout, a dedicated laundry room with sink, and both wood-burning and gas fireplaces (to be verified by buyer). The lower level features a private suite complete with a full bath and its own exterior entrance, easily accessed by elevator, making it ideal for guests or multigenerational living. While the residence has been lovingly preserved in its original character, it offers a rare opportunity for a new owner to thoughtfully incorporate modern enhancements and create a personalized vision, all while preserving its timeless architectural integrity. Set amid mature natural gardens and lush landscaping, this rare offering combines architectural significance, privacy, expansive waterfront frontage, and timeless coastal elegance. Legacy properties of this caliber seldom become available, presenting a truly extraordinary opportunity to own one of Pine Knoll Shores' most iconic waterfront estates.

Facts

Type
Single Family Residence
Year built
1973
Lot
0.89 acres
Garage
2 spaces
HOA
$170 / annually
Community
Pine Knoll Association
County
Carteret
MLS #
100597251

Features

Inside

  • Vaulted Ceiling(s)
  • High Ceilings
  • Entrance Foyer
  • Mud Room
  • Ceiling Fan(s)
  • Elevator
  • Walk-in Shower
  • Basement
  • Carpet
  • Tile
  • Wood
  • Electric Oven
  • Electric Cooktop

Outside

  • Irrigation System
  • Boat Slip
  • Boat Dock
  • Bulkhead
  • Navigable Water
  • Sound Side
  • Water Access Comm
  • Water Depth 4+
  • Canal

Community

  • Beach Access
  • Marina
  • Park
  • Playground

Parking

  • Concrete
  • Garage Door Opener
  • Garage

Heating & cooling

  • Electric
  • Heat Pump
  • Central Air

Schools

Elementary
Morehead City Elem
Middle
Morehead City
High
West Carteret

As listed in the MLS. School assignments can change — confirm with the district for this address.

Monthly payment estimate

$15,290/mo

  • Principal & interest (30-yr fixed)$14,955
  • Property taxes (2024 bill)$321
  • HOA dues$14

Estimate only. Rate is the national 30-year average (7.03% as of Sep 24, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.

Recent sales like this in Pine Knoll Association

HomeSoldBd / BaSq ftPrice$ / sq ft
286 Oakleaf Drive, Pine Knoll ShoresSep 22, 20263 / 33,228$1,980,000$613
138 Mimosa Boulevard, Pine Knoll ShoresAug 26, 20264 / 53,012$1,000,000$332
125 Loblolly Drive, Pine Knoll ShoresJun 26, 20265 / 32,883$1,505,000$522
240 Salter Path Road, Pine Knoll ShoresMay 18, 20263 / 43,158$1,710,000$541

Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.

Buying in Pine Knoll Shores? Local guides

About 159 Loblolly Drive

159 Loblolly Drive is a 3-bedroom, 4-bath home of about 3,100 square feet, built in 1973, on 0.89 acres in Pine Knoll Association, Pine Knoll Shores, Carteret County, NC 28512.

At $2,490,000, it's 252% above the median asking price ($707,000) of the 12 other 3-bedroom listings for sale in Pine Knoll Shores today.

That's about $803 per square foot, compared with a Pine Knoll Shores median of $404.

9 other homes are for sale in Pine Knoll Association right now (median asking $970,000); 21 homes sold there in the last 12 months at a median of $765,000, typically in about 69 days.

Across ZIP 28512, 85 3-bedroom homes sold in the past year at a median of $680,000.

Buying 159 Loblolly Drive

  1. See it in person. Pick a time and we'll call to confirm — often same day.
  2. Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
  3. Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works

Own a home near 159 Loblolly Drive? See what it's worth — every online estimate side by side, next to real sales in Pine Knoll Association.

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Questions about 159 Loblolly Drive

How much is 159 Loblolly Drive?

159 Loblolly Drive is listed at $2,490,000 (about $803 per square foot) as of September 26, 2026. Status: active under contract.

How many bedrooms and bathrooms does 159 Loblolly Drive have?

3 bedrooms and 4 bathrooms, with about 3,100 square feet.

What neighborhood is 159 Loblolly Drive in?

Pine Knoll Association, in Pine Knoll Shores, Carteret County, North Carolina.

What have homes sold for in Pine Knoll Association?

21 homes sold in Pine Knoll Association in the last 12 months, at a median price of $765,000.

Is 159 Loblolly Drive waterfront?

Yes — the MLS lists it as a waterfront property.

Does 159 Loblolly Drive have an HOA fee?

Yes: $170 (annually), per the MLS.

When was 159 Loblolly Drive built?

1973.

Who is the listing broker for 159 Loblolly Drive?

Baran Properties (MLS #100597251). The Buddy Blake Team can show it to you and answer questions.

Can I tour 159 Loblolly Drive?

Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.

Listing provided by Baran Properties via Hive MLS.