500 Arendell Street, Morehead City, NC 28557

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 $1,895,000

  • 6 BedroomBedrooms
  • 6 BathroomBathrooms
  • 4,896 Sq.Ft.
  • Single Family
  • Active
  • MLS# 100611721
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY 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"!!!

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Property Details

General

  • Subdivision: Not In Subdivision
  • County: Carteret
  • Acreage: 0.08
  • Beds: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Year Built: 1920
  • Sq. Ft.: 4,896
  • Lot Size: 0.0800
  • Lot Description: Corner Lot, Recreation Nearby
  • Garage/Parking Spaces: 2.00
  • Lot Dimensions: 55x64

Interior Features

  • 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

Schools

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

Financial Considerations

  • Tax Amount: $5,932
  • Tax Year: 2025

Activity

  • Days On Market: 8
  • List Date: 10/21/2026
 

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