500 Arendell St, Morehead City, NC 28557

$1,895,000
6
BD
6
BA
4,896
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,895,000
Status
ACTIVE
Days on Market
8
MLS#
100611721
Subtype
Residential
Year Built
1920
Bedrooms
6
Bathrooms
6
Full Baths
5
Half Baths
1
Living Area
4,896
Lot Size
3,485
Acres
0.08
Subdivision
Not In Subdivision
Neighborhood
Not In Subdivision

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"!!!

Additional Information

Interior Features
Vaulted/Cathedral Ceilings, High Ceilings, Entrance Foyer, Solid Surface Counter, Whirlpool Tub, Bookcases, Kitchen Island, Ceiling Fans, Furnished, Pantry, Walk-In Shower, Bar-Wet, Eat-In Kitchen, Gas Logs, Tile Counters
Exterior Features
Storm Doors, See Remarks
Zoning
OP
Flooring
Tile, Wood
Appliances
Vented Exhaust Fan, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher, Electric Range
Heating
Heat Pump, Fireplace, Electric
Air Conditioning
Ceiling Fan(s), Heat Pump
Levels
Three Or More
Roof
Membrane, Flat
Foundation
Slab
Parking Features
On Street, Garage Door Opener
Garage Spaces
2
School District
Carteret County Public Schools
Elementary School
Morehead City Primary
Middle School
Morehead City
High School
West Carteret
View
Creek/Stream, Intracoastal Waterway, Marina, Ocean, Sound, Water, Creek/Stream

Listing courtesy of Listing Agent: Meredith & Matt Team Johnson () from Listing Office: RE/MAX Ocean Properties.

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks