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500 Arendell, Morehead City, NC :
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”!!!

Property Info
Status: Active
Property Type: Residential
Lot Size:
- 3
- 485 Acres
Waterview: Yes
Home Style/Type:
- Block
- Concrete
- Stucco
- Wood Siding
- Steel Frame
Year Built: 1920
MLS Number: 100611721
Property Sub Type: Single family residence
Price:
- $1,895,000
Bedrooms: 6
Bathrooms: 6
Half Baths: 1
Location Details
Community: Not In Subdivision
Road Frontage:
- City Street
- State Road
Water Features: No
County: Carteret
City: Morehead City
Postal Code: 28557
Property Features
Garage: 2
Porch/Deck: See Remarks
Heating:
- Heat Pump
- Electric
- Fireplace(s)
Fireplaces: Gas Log
Floors:
- Tile
- Wood
Water/Sewer:
- Municipal Sewer
- City of Morehead City
Roof:
- Membrane
- Flat
Fence: No
Appliances:
- Vented Exhaust Fan
- Built-In Microwave
- Washer
- Refri
Interior Features:
- Vaulted Ceiling(s)
- High Ceilings
- Entrance Foyer
- So
Exterior Features:
- Storm Doors
- See Remarks
Cooling System:
- Ceiling Fan(s)
- Heat Pump
MLS Addon
Office Name: RE/MAX Ocean Properties
500 Arendell, Morehead City, NC
$1,895,000
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