Date
Details
Price
Change
Source
12/22/2025
Sold
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 500 Arendell St
General
- Sold For: $1,000,000
- Taxes: $1,462 (2023)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100486161
- Added to Site: 208 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Entrance Foyer, Ceiling Fan(s), Walk-in Shower
- Fireplace(s): None
- Appliances: Dishwasher
- Flooring: Concrete, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Non Primary Living Area
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage Spaces: 2
- Parking Features: Garage Faces Side, Off Street
Location
- County: Carteret
- Subdivision: Not In Subdivision
- Driving Directions: Corner of Arendell and N. 5th St
School Information
- Elementary School: Morehead City Primary
- Middle School: Morehead City
- High School: West Carteret
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Propane, Heat Pump, Electric, Forced Air
Utilities
- Sewer: Municipal Sewer, City of Morehead City
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Steel Frame
- Construction: Concrete, Stucco
- Basement Desc.: None
- Roof: Membrane, Flat
- Stories/Levels: 2
- Square Feet: 4,896
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Dimensions: Irregular
- Frontage: Maintained, City Street, State Road, Paved, Paved
- Lot Features: Corner Lot
- Zoning: Commercial
- Fencing (Description): None
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $264.5
- Assessment Amount: $201,088
- Tax Amount: $1,462.83
- Tax Year: 2023
- Terms: Commercial, Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: L1 2 B6 MOREHEAD CITY
- Property ID: 638620814325000
- Lot Number: 1
Listed and Sold by Keller Williams Realty, ROSS BEEBE
Listing agent
— 500 Arendell St —
ROSS BEEBE
Keller Williams Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 500 Arendell St
School District:Carteret County Schools
| Name | Grades | Distance |
|---|---|---|
Morehead Elementary At Camp Glenn 3316 Arendell Street, Morehead City, NC 28557 | 4-5 | 2.4 mi |
Morehead City Primary School 4409 Country Club Road, Morehead City, NC 28557 | PK-3 | 4 mi |
Morehead City Middle School 400 Barbour Road, Morehead City, NC 28557 | 6-8 | 2 mi |
West Carteret High School 4700 Country Club Road, Morehead City, NC 28557 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Arendell St
500 Arendell Street, Morehead City, NC 28557 (MLS# 100486161) is a Single Family property that was sold at $1,000,000 on December 22, 2025. Want to learn more about 500 Arendell Street? Do you have questions about finding other Single Family real estate for sale in Morehead City? You can browse all Morehead City real estate or contact a Coldwell Banker agent to request more information.