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500 Arendell Street, Morehead City, NC 28557 (MLS# 100611721)

$1,895,000
500 Arendell Street
Morehead City, NC 28557
MLS# 100611721
Status: Pending with Showings
6 beds  |  6 baths  |  4969 sqft
500 Arendell Street, Morehead City, NC 28557
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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"!!!

Details
Maps
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Pending with Showings
Delayed Marketing?: No
Marketing Start Date: 2026-10-21
Listing Price: 1895000
Current Price: $1,895,000
List Price/SqFt: 381.36
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
Geo Lat: 34.721252
Geo Lon: -76.708492
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): 4969
Total SqFt - Heated (Primary + Separate): 4969
# Rooms: 14
# Baths - Full: 5
# Baths - Half: 1
# Baths - Total: 6
# Bedrooms: 6
Master Bedroom Level: Primary Living Area
Stories Total: 3
Fireplace Y/N: Yes
Legal Taxes
Year Built: 1920
Status Change Info
Under Contract Date: 2026-11-10
Entry Level Information
Entry Level: 1
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 37.367.50
Bathroom 48.166.31
Bathroom 55.286.29
Bathroom 65.244.00
Bedroom 213.7617.34
Bedroom 3
Bedroom 4
Bedroom 510.0812.45
Bedroom 612.439.74
Bedroom 711.345.57
Bedroom 85.195.36
Kitchen45.3924.75
Kitchen34.5217.02
Kitchen16.1210.50
Kitchen10.3610.00
Living Room14.6214.35
Living Room6.586.29
Bathroom 117.484.00
Master Bedroom17.0022.42

Listing Office: RE/MAX Ocean Properties

Last Updated: November - 11 - 2026

500 Arendell Street, Morehead City, NC 28557 - MLS# 100611721

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