$2,849,000
5 bd · 5 ba · 4,869 sq ft
402 Kensington Place
Newport, NC, 28570 · Cannonsgate
Listed 69 days ago
Listed by Bluewater Real Estate - EI
3D tour
About this home
Welcome to an extraordinary soundfront residence in prestigious Cannonsgate, where refined coastal design, sweeping Bogue Sound views, and exceptional indoor-outdoor living come together in one unforgettable property. This meticulously designed 5-bedroom, 4.5-bath multi-story home showcases distinctive architectural details and elegant finishes throughout. A grand paver driveway leads to a wide staircase with decorative railings and a welcoming covered entrance, setting the tone for the craftsmanship and waterfront lifestyle found inside. Designed for both entertaining and everyday luxury, the open-concept main living area features high ceilings, a dramatic gas fireplace, custom shelving and cabinetry, and expansive windows framing glorious water views. The gourmet kitchen offers a center island, quartz countertops, custom cabinetry, Wolf appliances, and a walk-in pantry--perfect for hosting family and friends. The dining room features a built-in buffet with side cabinets and water views. The top-level primary suite is a private sanctuary overlooking Bogue Sound, with direct porch access, abundant natural light, a sitting area with fireplace, a large custom walk-in closet, and a designer bath with a walk-in double shower and dual vanities. Four additional bedrooms are thoughtfully positioned throughout the home, including one on the lower level, one on the main level, and two on the top floor. The main level also offers a sophisticated home office--an inspiring and refined environment for work or quiet contemplation. An elevator provides convenient access to all levels. The lower level includes a bedroom, full bath, gym area, and sitting area. Step out to the covered outdoor living space, take a dip in the luxurious pool, or relax and entertain by the water. Wake to breathtaking sound views and unwind on the expansive covered porches, veranda, or observation deck while enjoying waterfowl, boats traveling along the Intracoastal Waterway, dolphins gliding in the sound waters, and stunning sunsets. Beyond the home itself, Cannonsgate offers a private coastal community experience designed for boating, recreation, and relaxed waterfront living. Amenities include the Grand Manor House, swimming pool, tennis courts, playground, kayak launch, walking trails, sound pier, and marina with boat launch. This home's extensive portfolio of custom features must be experienced firsthand. Schedule your showing today.
Facts
- Type
- Single Family Residence
- Year built
- 2024
- Lot
- 0.47 acres
- Garage
- 2 spaces
- HOA
- $1,714 / annually
- Community
- Cannonsgate
- County
- Carteret
- MLS #
- 100589983
Features
Inside
- Walk-in Closet(s)
- Vaulted Ceiling(s)
- High Ceilings
- Entrance Foyer
- Whole-Home Generator
- Bookcases
- Kitchen Island
- Elevator
- Ceiling Fan(s)
- Pantry
- Walk-in Shower
- Blinds/Shades
- Built-in Features
- Walk-In Closet(s)
- LVT/LVP
- Marble
Outside
- Irrigation System
- DP50 Windows
- Deeded Water Access
- Deeded Waterfront
- Sound Side
- Water Access Comm
- ICW
- Sound
- Water
Community
- Waterfront Community
- Clubhouse
- Community Pool
- Gated
- Maintenance Common Areas
- Maintenance Roads
- Management
- Pickleball
- Playground
- Ramp
- Security
- Street Lights
- Tennis Court(s)
- Trail(s)
Parking
- Garage Faces Front
- Electric Vehicle Charging Station(s)
- Garage Door Opener
- Paved
Heating & cooling
- Heat Pump
- Forced Air
- Natural Gas
- Zoned
Schools
- Elementary
- Bogue Sound
- Middle
- Broad Creek
- High
- Croatan
As listed in the MLS. School assignments can change — confirm with the district for this address.
Monthly payment estimate
$17,644/mo
- Principal & interest (30-yr fixed)$17,111
- Property taxes (2025 bill)$391
- HOA dues$143
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 Cannonsgate
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 227 Back Street, Newport | Jul 16, 2026 | 5 / 6 | 4,091 | $2,585,000 | $632 |
| 205 Back Street, Newport | Jul 2, 2026 | 4 / 4 | 3,923 | $2,690,000 | $686 |
| 746 Cannonsgate Drive, Newport | Jun 4, 2026 | 5 / 5 | 3,821 | $1,475,000 | $386 |
| 220 Colleton Square, Newport | Apr 30, 2026 | 5 / 4 | 3,659 | $899,000 | $246 |
Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Newport? Local guides
- How Much Are Property Taxes in Wilmington and the NC Coast? (2026-27)County and town property tax rates for New Hanover, Brunswick, Pender, Onslow and Duplin, what they cost on a $400,000 home, the 2027 revaluations to plan for, and tax relief you may qualify for.
- One-Story and Primary-on-Main Homes on the Southeastern NC CoastWhere the one-level homes are from Wilmington to Calabash, what they cost town by town, and what to check before you buy — from current MLS listings.
About 402 Kensington Place
402 Kensington Place is a 5-bedroom, 5-bath home of about 4,869 square feet, built in 2024, on 0.47 acres in Cannonsgate, Newport, Carteret County, NC 28570.
At $2,849,000, it's 280% above the median asking price ($749,900) of the 7 other 5-bedroom listings for sale in Newport today.
That's about $585 per square foot, compared with a Newport median of $238.
30 other homes are for sale in Cannonsgate right now (median asking $659,250); 43 homes sold there in the last 12 months at a median of $242,500, typically in about 130 days.
Across ZIP 28570, 19 5-bedroom homes sold in the past year at a median of $650,000.
It has been on the market for 70 days.
Cannonsgate neighborhood guideHomes for sale in NewportCarteret County homesWaterfront homes in Newport
Buying 402 Kensington Place
- See it in person. Pick a time and we'll call to confirm — often same day.
- Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
- 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 402 Kensington Place? See what it's worth — every online estimate side by side, next to real sales in Cannonsgate.
What's my home worth? →Questions about 402 Kensington Place
How much is 402 Kensington Place?
402 Kensington Place is listed at $2,849,000 (about $585 per square foot) as of September 26, 2026. Status: for sale.
How many bedrooms and bathrooms does 402 Kensington Place have?
5 bedrooms and 5 bathrooms, with about 4,869 square feet.
What neighborhood is 402 Kensington Place in?
Cannonsgate, in Newport, Carteret County, North Carolina.
How long has 402 Kensington Place been on the market?
70 days. Homes in Cannonsgate sold after a median of 130 days over the past year.
What have homes sold for in Cannonsgate?
43 homes sold in Cannonsgate in the last 12 months, at a median price of $242,500.
Is 402 Kensington Place waterfront?
Yes — the MLS lists it as a waterfront property.
Does 402 Kensington Place have an HOA fee?
Yes: $1,714 (annually), per the MLS.
When was 402 Kensington Place built?
2024.
Who is the listing broker for 402 Kensington Place?
Bluewater Real Estate - EI (MLS #100589983). The Buddy Blake Team can show it to you and answer questions.
Can I tour 402 Kensington Place?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.