906 Shepard Street, Morehead City, NC, 28557
About This Home
Downtown Morehead City Opportunity! Location Location Location! Looking for your next coastal dream home with incredible water views? This Downtown Morehead City gem offers views of the Intracoastal Waterway -- stretching from The Morehead City Port all the way to The Atlantic Beach Bridge. Front porches showcase stunning waterfront scenery. Private rear-load parking that opens up endless possibilities for your new oasis. Located amid exciting new construction and revitalization, this property sits in a prime spot with a straight-through water view -- the perfect canvas for your vision. The perfect place for all Morehead City festivals, events and Fishing tournaments including the Big Rock Marlin Tournament. Just Add Water to Your Lifestyle!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Foundation: Block,Crawl Space
- Roof: Metal
- Construction materials: Wood Siding,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedroom2
- Level: First
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Level: First
Features
- None
- Attic: None
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,059
- Total interior livable area: 2,059 sqft
Kitchen
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Property
Details
- Parcel number: 638619604893000
- Zoning: Residential
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck,Balcony
- Fencing: Partial
- Has view: Yes
- View description: ICW,Sound,Water
- Has water view: Yes
- Water view: Sound,Water
- Waterfront features: None
- Frontage type: See Remarks
- Living area range: 2000 - 2199
Lot
- Lot size: 6,098 sqft
- Features: Open Lot,Level
- Lot size dimensions: 50 x 120 x 50 x 120
Parking
- Parking features: Aggregate,Unpaved,Off Street,On Site
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
- Coastal Flooding
- Winter Weather
- Ice Storm
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Carteret County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,458 | $89,496 |
| Home Insurance * | $346 | $4,152 |
| Property Taxes | $1,230 | $14,760 |
| Electricity | $200 | $2,405 |
| Total | $9,234 | $110,808 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-30 | Price change | $1,500,000 |
| 2026-01-10 | Price change | $1,800,000 |
| 2025-10-27 | Listed for sale | $1,900,000 |
| 2018-10-08 | Listing removed | $399,000 |
| 2017-10-30 | Price change | $399,000 |
| 2017-06-22 | Price change | $449,000 |
| 2017-03-27 | Price change | $479,000 |
| 2016-10-05 | Price change | $499,000 |
| 2016-03-30 | Price change | $475,000 |
| 2015-10-20 | Listed for sale | $590,000 |
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