500 Arendell Street
Morehead City, NC, 28557
$1,895,000
- 6beds
- 5.5baths
- 4,969sq ft
- 0.08acres
- 1920year built
- 15days on market
Your savings stack on this home
How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,046, owner’s title insurance $3,415, credit, flood & data fees $160 and lower government recording fees & taxes $90, priced for Carteret, NC with 20% down. Restrictions apply.
Questions? Call (804) 648-4357
About this home
- Gas fireplace
- Attached garage
- Kitchen island
- Hardwood floors
The Historic City House was originally constructed as the Tidewater Power Company in 1920 and was often referred to as the Old Well House. So much charm and beauty through this beautifully renovated building, yet still maintaining so much of the original vintage charm. Established Bed & Breakfast is ready for investor to step in at any time with this prime downtown Morehead City location right by the Waterfront. With 4 beautifully furnished units, there are so many possibilities! THE FLAT is the first level and front entry unit and offers 2 bedrooms, 1.5 baths, full kitchen, and a spacious living area. THE RESIDENCE is the largest unit with 2 large bedrooms, 2 full bathrooms, tons of living space, 12'+ ceilings, laundry room, oversized gourmet Kitchen, and rooftop access. The rooftop has a hot tub, and large space for entertaining with views galore of downtown Morehead City Waterfront, Bogue Sound, Sugarloaf Island, Calico Creek, ICW, and more. THE LOFT offers one spacious bedroom suite with full size kitchen and large living room that has 9'+ ceilings. THE CHAMBER offers a more cozy setting with one bedroom suite and more compact kitchen. Be sure to see photos to appreciate the attention to detail throughout. All units can be connected to create one large residence if desired, units are currently closed off for privacy. Ask agent for current website to see current marketing for existing bed and breakfast. This location is tough to beat and truly is a "turn key investment"!!!
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Location
Property details
Important details
- Status
- Active
- Date listed
- 10/21/2026
- Time on Market
- 15 days
- Property Type
- Single Family Residence
- List Price
- $1,895,000
- Price/Sq. Ft
- $381
- Living area
- 4,969 sq. feet
- Lot Size
- 0.08 acres
- Year Built
- 1920
- County
- Carteret
- Community
- Not In Subdivision
- HOA
- No
Interior details
- Bathrooms
- 5 Full, 1 Half
- Fireplace
- Yes - Gas Log
- Heating
- Heat Pump, Fireplace(s), Electric
- Cooling
- Ceiling Fan(s), Heat Pump
- Rooms
- 14 Total, 6 Bedrooms
- Appliances
- Vented Exhaust Fan, Washer, Refrigerator, Dryer, Dishwasher, Electric Range, Microwave, Electric Water Heater
- Interior Features
- Vaulted Ceiling(s), High Ceilings, Entrance Foyer, Bookcases, Kitchen Island, Ceiling Fan(s), Pantry, Wet Bar, Built-in Features, Eat-in Kitchen, Tile Counters
Building & lot
Building
- Stories
- 3
- Living Area
- 4,969 sq ft
- Property Type
- Single Family Residence
- Year Built
- 1920
- Flooring
- Tile, Wood
- Roof
- Membrane, Flat
- Construction
- Block, Concrete, Stucco, Wood Siding, Frame
Lot Info
- Lot Size
- 0.08 acres
- Lot Size (Sq Ft)
- 3,485 sq ft
- Parcel Number
- 638620814325000
Exterior Features
- Fencing
- None
- Pool
- No
Parking
- Parking Features
- On Street, Garage Door Opener
- Garage
- Yes (Attached)
Ownership
Community details
School Districts
- Elementary
- Morehead City Primary
- Middle
- Morehead City
- High
- West Carteret
Utilities
- Sewer
- Public Sewer
- Water
- Public
Neighborhood
- Subdivision
- Not In Subdivision
- HOA
- No
- Zoning
- OP
Taxes & Assessment
- Tax Assessed Value
- $1,027,988
- Annual Tax
- $5,932
- Tax Year
- 2025
Listing information
Listing Details
- Service
- Full Service
- MLS System
- HiveMLS
- MLS ID
- 100611721
- MLS Status
- Active
Listed by: RE/MAX Ocean Properties
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