$1,895,000
500 Arendell Street
Morehead City, NC 28557
MLS# 100611721
6 beds  |  6 baths  |  4896 sqft


Main
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Main Front 500 Arendell St Aerial and Rooftop Residence Entrance Residence Residence Residence Kitchen Residence Kitchen Residence Residence Residence Living and Bar Residence Kitchen Residence Kitchen City House Residence Wet Bar Residence Primary Bedroom Residence Primary Bedroom Residence Primary Bathroom Residence Primary Bathroom Residence Loft Bedroom Residence Loft Bedroom Residence Sitting Room Residence Hall Bathroom Residence Hall Bahtroom Rooftop Access Rooftop Residence Laundry Room Residence Entrace and Garage Access Loft Entrance Loft Loft Loft Kitchen Loft Loft Kitchen Loft Loft Bathroom Vanity Loft Bedroom Loft Bedroom Loft Bathroom Front and Flat Entrance Flat Living Room Flat Living Room Flat Kitchen Flat Kitchen Flat Bedroom 1 Flat Bedroom 1 Flat Full Bathroom Flat Bathroom Flat Bedroom 2 Flat Bedroom 2 Flat Bedroom 2 Flat Powder Room Chamber Chamber Kitchen Chamber Kitchen Chamber Chamber Bedroom Chamber Bedroom Garage Chamber Bathroom Garage East side Aerial Aerial Aerial Aerial Aerial Aerial Aerial Waterfront Waterfront Waterfront Aerial Morehead City views Rooftop Rooftop Hot tub Garages Rooftop Rooftop Rooftop

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
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
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2026-10-21
Listing Price: 1895000
Current Price: $1,895,000
List Price/SqFt: 387.05
Stipulation of Sale: Standard
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: 1
# Baths - Total: 6
# Bedrooms: 6
Master Bedroom Level: Primary Living Area
Stories Total: 3
Fireplace Y/N: Yes
Rental Information
Lease Term: Other
HOA and Neigh Amenities
Club Membership: None Selected
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
Entry Level Information
Entry Level: 1
Legal Taxes
Year Built: 1920
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

IDX
Listing Office: RE/MAX Ocean Properties

Last Updated: October - 22 - 2026

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