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500 Arendell Street, Morehead City, NC 28557
New Listing
$1,895,000
Property Type:
Residential
Bedrooms:
6
Baths:
6
Square Footage:
4,896
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$1,895,000
List Date:
10/21/2026
Last Modified:
10/22/2026
Overview
Description
...
(Read more)
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"!!!
Listing Details MLS# 100611721
Contract Info
- Sub-Type
- Single Family Residence
- Construction Type
- Stick Built
- Delayed Marketing?
- No
- Marketing Start Date
- 2026-10-21
- Listing Price
- 1895000
- List Price/SqFt
- 387.05
- Stipulation of Sale
- Standard
Location Information
- Street #
- 500
- Street Name
- Arendell
- Street Suffix
- Street
- County
- Carteret
- State/Province
- NC
- Zip Code
- 28557
- City Limits
- Yes
- Marketing City
- Morehead City
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
Remarks and Showing
- Directions to Property
- Property is in heart of downtown on corner of Arendell St (Hwy 70) and North 5th St
- Sign on Property
- No
Property Exterior Info
- New Construction
- No
- Lot Acres
- 0.08
- Lot SqFt
- 3485
- Lot Dimensions
- 55x64
- Waterfront
- No
- Waterview
- Yes
- Horses Y/N
- No
- Location Type
- Mainland
Property Interior Info
- SqFt - Heated (Primary)
- 4896
- Total SqFt - Heated (Primary + Separate)
- 4896
- # Rooms
- 14
- # Baths - Full
- 5
- # Baths - Half
- Yes
- # Baths - Total
- 6
- # Bedrooms
- 6
- Master Bedroom Level
- Primary Living Area
- Stories Total
- 3
- Fireplace Y/N
- Yes
Legal Taxes
- Year Built
- 1920
More Information
Entry Level Information
- Entry Level
- Yes
Current Service Providers
- Electric Provider
- Duke Progress Energy
- Natural Gas Provider
- Piedmont Natural Gas Co.
- Sewer Provider
- City of Morehead City
- Water Provider
- City of Morehead City
HOA and Neigh Amenities
- Club Membership
- None Selected
Rental Information
- Lease Term
- Other
Property Features
Showing Instructions:
Gate/Access Code
Frontage Type:
See Remarks
View Type:
Creek/Stream; ICW View; Marina; Ocean; Sound View; Water
Property Condition:
Updated/Remodeled
Construction:
Block; Concrete; Steel Frame
Structure Type:
Quadruplex
Exterior Features:
Storm Doors; See Remarks
Exterior Finish:
Stucco; Wood Siding
Fencing:
None
Foundation:
Slab
Parking Features:
Garage Door Opener; On Street
Patio and Porch Features:
See Remarks
Pool Features:
Hot Tub
Roof:
Flat; Membrane
Levels:
3 Story or More
Trash Collection:
City Pick-UP
Lot Features:
Corner Lot; Recreation Nearby
Lot Water Features:
None
Cooling:
Ceiling Fan(s); Heat Pump
Heating:
Fireplace(s); Heat Pump
Heating System Fuel Source:
Electric
Water Heater:
Electric
Utilities:
Cable High Speed; High Speed Internet; Natural Gas Connected; Sewer Connected; Water Connected
Sewer:
Municipal Sewer
Water Source:
Municipal Water
Fireplace Features:
Gas Log; Great Room
Flooring:
Tile; Wood
Furnished:
Furnished
Interior Features:
Bookcases; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Furnished; Gas Log; High Ceilings; Kitchen Island; Pantry; Solid Surface; Tile Counters; Vaulted Ceiling(s); Walk-in Shower; Wet Bar; Whirlpool
Laundry Features:
Laundry Room
Dining Room Type:
Combination; Kitchen
Rooms:
Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4; Bathroom 5; Bathroom 6; Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bedroom 6; Bedroom 7; Bedroom 8; Den; Great Room; Kitchen; Laundry; Living Room; Loft; Master Bedroom; Studio
Terms:
Cash; Conventional; Commercial
Room Information
| Room Name | Length | Width |
|---|---|---|
| Bathroom 2 | ||
| Bathroom 3 | 7.36 | 7.50 |
| Bathroom 4 | 8.16 | 6.31 |
| Bathroom 5 | 5.28 | 6.29 |
| Bathroom 6 | 5.24 | 4.00 |
| Bedroom 2 | 13.76 | 17.34 |
| Bedroom 3 | ||
| Bedroom 4 | ||
| Bedroom 5 | 10.08 | 12.45 |
| Bedroom 6 | 12.43 | 9.74 |
| Bedroom 7 | 11.34 | 5.57 |
| Bedroom 8 | 5.19 | 5.36 |
| Kitchen | 45.39 | 24.75 |
| Kitchen | 34.52 | 17.02 |
| Kitchen | 16.12 | 10.50 |
| Kitchen | 10.36 | 10.00 |
| Living Room | 14.62 | 14.35 |
| Living Room | 6.58 | 6.29 |
| Bathroom 1 | 17.48 | 4.00 |
| Master Bedroom | 17.00 | 22.42 |
IDX
Listing Office:
RE/MAX Ocean Properties
Last Updated: October - 22 - 2026
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