New Listing
500 Arendell Street,Morehead City, NC 28557
Morehead City, NC 28557
Description
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"!!!
Details
| MLS # | 100611721 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 5 |
| Listing Provided By | RE/MAX Ocean Properties | Meredith & Matt Team Johnson |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,896 |
| Garage | 2 |
| Story(s) | 3 |
| Zoning | OP |
| Acreage | 0.08 |
| Property View | Creek, ICW, Marina, Ocean, Sound, Wat |
Interior
| Interior Features | Vaulted Ceiling(s), High Ceilings, Entrance Foyer, Solid Surface, Whirlpool, Bookcases, Kitchen Island, Ceiling Fan(s), Furnished, Pantry, Walk-in Shower, Wet Bar, Built-in Features, Eat-in Kitchen, Gas Log, Tile Counters |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Ceiling Fan(s), Heat Pump |
| Fireplace Features | Gas Log |
| Fireplace Yes / No | Yes |
| Laundry Features | Laundry Room |
| Furnished | Furnished |
| Rooms Total | 14 |
Exterior
| Exterior Features | Storm Doors, See Remarks |
|---|---|
| Roof | Membrane, Flat |
| Foundation Details | Slab |
| Lot Features | Corner Lot, Recreation Nearby |
| Waterfront Features | None |
| View | Creek, ICW, Marina, Ocean, Sound, Water, Creek/Stream |
| Construction Materials | Block, Concrete, Stucco, Wood Siding, Steel Frame |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | On Street, Garage Door Opener |
Utilities
| Utilities | Natural Gas Connected, Sewer Connected, Water Connected, Cable High Speed, High Speed Internet |
|---|
Taxes
| Tax Assessed Value | 1027988 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | L1 2 B6 MOREHEAD CITY |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Carteret |
| City | Morehead City |
| Zip Code | 28557 |
| School District | Carteret County Public Schools |
| Elementary School | Morehead City Primary |
| High School | West Carteret |
| Listing VS Median (in 28557) | |
Price: $1,895,000 low | high Med: $439,990 sqft: 4,896 low | high Med: 2,110 $ / sqft: $387 low | high Med: $209 On site: 5 low | high Med: 65 | |
Market Activity 28557
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Learn More About This Property
| State | NC |
|---|---|
| County | Carteret |
| City | Morehead City |
| Zip Code | 28557 |
| School District | Carteret County Public Schools |
| Elementary School | Morehead City Primary |
| High School | West Carteret |
| Listing VS Median (in 28557) | |
Price: $1,895,000 low | high Med: $439,990 sqft: 4,896 low | high Med: 2,110 $ / sqft: $387 low | high Med: $209 On site: 5 low | high Med: 65 | |