$1,000,000

Sold Dec 22, 2025

3 bd · 4 ba · 4,896 sq ft

500 Arendell Street

Morehead City, NC, 28557

Hive MLSListed by Keller Williams Realty

Sale details

Sold price
$1,000,000
Sold on
Dec 22, 2025
First listed at
$1,750,000
Last asking price
$1,295,000 (−26%)
Sold vs. first asking
57.1%
Sold vs. last asking
77.2%
Days on market
297

Earlier at this address

DateEventPrice
Dec 22, 2025Sold$1,000,000 (asked $1,295,000)

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Virtual tour

About this home

Downton Morehead City Bed & Breakfast, On the Crystal Coast with Panoramic Water Views and Unlimited Possibilities for Expansion... This is a unique opportunity to acquire a solid income-producing building, originally built in 1904, as the ''Tide Water and Power Building''. Redesigned, re-engineered, repurposed, meticulously restored, and rebuilt since 2004, as a ''Fortified Structure'' (capable of withstanding a CAT 5 Forces). The building has been engineered and built for multiple floor additions up to 70 ft, with 5 more rental units and event space already planned. The building has two, 2 car garages for off-street parking, as well as ample street parking on two sides. There are three residential living spaces within the building making it the perfect owner-occupied Bed & Breakfast opportunity. The rental and event income possibilities are extensive. Location - Location - Location on the corner of N 5th Street and Arendell St. (Hwy 70 West), overlooking the historic waterfront Business District, and within walking distance to some of the best premier restaurants, bars, shops, boutiques, and the famous fishing fleets of the Crystal Coast. Downtown Morehead City is a vibrant destination that offers something for everyone. From its charming streets lined with unique shops and boutiques to its picturesque waterfront, there are plenty of reasons to visit, experience, enjoy living, and doing business in the magic of a growing Downtown Morehead City.

Facts

Type
Single Family Residence
Year built
1920
Lot
0.08 acres
Garage
2 spaces
County
Carteret
MLS #
100486161

Features

Inside

  • Entrance Foyer
  • Ceiling Fan(s)
  • Walk-in Shower
  • Concrete
  • Tile
  • Wood
  • Dishwasher

Outside

  • Corner Lot
  • ICW
  • Marina
  • Ocean
  • Sound
  • Water

Community

  • None

Parking

  • Garage Faces Side
  • Off Street

Heating & cooling

  • Propane
  • Heat Pump
  • Electric
  • Forced Air
  • Central Air

Schools

Elementary
Morehead City Primary
Middle
Morehead City
High
West Carteret

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

About 500 Arendell Street

500 Arendell Street is a 3-bedroom, 4-bath home of about 4,896 square feet, built in 1920, Morehead City, Carteret County, NC 28557.

Across ZIP 28557, 130 3-bedroom homes sold in the past year at a median of $422,500.

Own a home near 500 Arendell Street? See what it's worth — every online estimate side by side, next to real sales in Morehead City.

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Questions about 500 Arendell Street

How much is 500 Arendell Street?

500 Arendell Street sold for $1,000,000 on December 22, 2025 (last asking price $1,295,000). It is not for sale now.

How many bedrooms and bathrooms does 500 Arendell Street have?

3 bedrooms and 4 bathrooms, with about 4,896 square feet.

When was 500 Arendell Street built?

1920.

Who is the listing broker for 500 Arendell Street?

Keller Williams Realty (MLS #100486161).

Listing provided by Keller Williams Realty via Hive MLS.