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Listed price in listed location currency (USD).
$1,895,000

662

MLS® 100611721

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 4896 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 0.08 Acres
Approx. Age 1920
Avg. Price Per Sqft $387
MLS® Number 100611721

Property Address: 500 Arendell St, Morehead City, NC, 28557-4232

Average square foot calculated using Size range provided by listing agent.

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"!!!
MLS® Number100611721
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1920
Basement
DrivewayOn Street, Garage Door Opener
Garage Spaces
HeatHeat Pump, Fireplace(s), Electric
A/CCeiling Fan(s), Heat Pump

Extras

Price History

Last Sold Price

$1,000,000$1M

Appreciation

+0.0%

Avg. Days Listed

339 days

Today, For Sale for $1,895,000

Main
For Sale · 0 days

$1,895,000

MLS® 100611721

3 hours ago

Not Sold Yet

October 2026, For Sale for $1,895,000

Main
For Sale · 0 days

$1,895,000

MLS® 100611721

3 hours ago

Not Sold Yet

November 2025, Sold for $1,000,000

Sold · 298 days

$1,000,000$1,295,000

MLS® 100486161

A year ago

Sold on Nov 26, 2025

  • Nov 26, 2025, Sold for $1,000,000

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