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608 Arendell Street, Morehead City, NC, 28557

4beds
3baths
2,380sqft
$995,000
$418price/sqft
$6,252/moest. monthly cost
$250,080/yrincome needed

About This Home

Business and Residential Opportunity Charming Coastal Cottage with Dual-Use Potential in Downtown Morehead City Discover the best of coastal living and commercial convenience at this beautifully designed two-story cottage. Located in the coveted Downtown Morehead City Waterfront District, the property is situated directly across from City Park, providing serene water views and a vibrant backdrop of local activity. Offering over 2,300 sq/ft, the interior is configured as a spacious 4-bedroom, 2-bath home with a full kitchen. This property is currently used as a short term rental, but it would be perfect for a residence or mixed-use concept. This property boasts a private rear yard, complete with a workshop, storage, and fruit trees, plus a unique heated and cooled one-car garage. With DB (Downtown Business) zoning, you have the flexibility for numerous uses. Enjoy being steps away from waterfront dining and the area's best festivals and events. This high-visibility location is professionally finished throughout. Furnishings may be negotiated. A Special Use Permit Approval from Morehead City is required for residential use.

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
55
BikeBikeable

Schools

8/10
3/10
West Carteret High SchoolGrades 9-124.5 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Crawl Space
  • Roof: Shingle,Composition
  • Construction materials: Fiber Cement,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Vented Exhaust Fan,Gas Oven,Refrigerator,Dishwasher
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Walk-in Closet(s),High Ceilings,Entrance Foyer,Solid Surface,Whole-Home Generator,Bookcases,Kitchen Island,Ceiling Fan(s),Pantry,Walk-in Shower,Blinds/Shades,Gas Log,Walk-In Closet(s)
  • Flooring: Tile,Wood
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 2,380
  • Total interior livable area: 2,380 sqft

Property

Details

  • Parcel number: 638620717482000
  • Zoning: DB
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Covered,Deck,Porch
  • Fencing: Vinyl,Wood
  • Has view: Yes
  • View description: ICW,Water
  • Water view: Water
  • Waterfront features: Third Row
  • Frontage type: See Remarks
  • Living area range: 2200 - 2399

Lot

  • Lot size: 5,662 sqft
  • Features: Third Row
  • Lot size dimensions: 50 x 120

Parking

  • Total spaces: 1
  • Parking features: Garage Faces Side,Detached,Off Street,On Site
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Winter Weather
Lightning
Tsunami

FEMA Declared Disasters in Carteret County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,031$60,372
Home Insurance *$234$2,808
Property Taxes $766$9,192
Electricity $221$2,660
Total$6,252$75,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$214,354/yr
40% on housing$187,560/yr
45% on housing$166,720/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$418This listing

vs Other Active Listings

Avg $/sqft

ZIP 28557$330
Carteret County$290

vs Homes Sold Last Month

Median $/sqft

ZIP 28557$222
Carteret County$252

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$995,000
2025-03-11Listing removed$850,000
2025-02-11Contingent$850,000
2025-02-04Listed for sale$850,000
2021-10-01Sold$580,000
2021-08-24Pending sale$550,000
2021-08-20Listed for sale$550,000
2020-09-10Sold$426,000
2019-02-01Listing removed$385,000
2019-02-01Listed for sale$385,000
2019-01-02Pending sale$385,000
2019-01-01Listed for sale$385,000
2018-12-07Pending sale$385,000
2018-11-20Price change$385,000
2018-10-30Pending sale$429,900
2018-08-30Listed for sale$429,900
2018-07-24Pending sale$429,900
2018-07-02Price change$429,900
2018-01-26Listed for sale$448,900
2016-10-19Listing removed$349,000
2016-04-19Listed for sale$349,000
2013-05-22Sold$230,000
2012-02-01Listed for sale$235,000
2011-05-07Listing removed$235,000
2011-04-28Price change$235,000
2011-03-27Listed for sale$250,000
2004-09-30Sold$230,000

For Sale by Agent

AgentSamer Hamad
BrokerageHamad Realty

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