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500 Arendell Street, Morehead City, NC 28557

Local realty services provided by:CENTURY 21 New Beginnings
500 Arendell Street,Morehead City, NC 28557
$1,000,000
  • 3 Beds
  • 4 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: ross beebe
Office: keller williams realty
MLS#:100486161
Source:NC_CCAR

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Price summary

  • Price:$1,000,000

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

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Home facts

  • Year built:1920
  • Listing ID #:100486161
  • Added:326 day(s) ago
  • Updated:December 23, 2025 at 07:58 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Electric, Forced Air, Heat Pump, Heating, Propane

Structure and exterior

  • Roof:Flat, Membrane
  • Year built:1920

Schools

  • High school:West Carteret
  • Middle school:Morehead City
  • Elementary school:Morehead City Primary

Finances and disclosures

  • Price:$1,000,000
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