244 Colleton Square, Newport, NC, 28570
About This Home
Welcome to 244 Colleton Square, a commanding custom estate that redefines upscale living within the prestigious gates of Cannonsgate. Perfectly positioned on a premier End Lot to capture sweeping views, this masterpiece by Jimmy Allen Contractors offers over 3,700 square feet of masterfully designed interior space. Crafted for those who refuse to compromise on scale or quality, this home features a three-stop elevator for seamless access to every level of luxury. The ground floor sets the stage for entertainment with a massive entertainment room and entry foyer, flanked by a spacious two-car garage and covered patio that is ideal for storing your coastal toys or unwinding after a day on the water. Ascend to the second level where comfort meets privacy. This floor is dedicated to family and guests and features a Guest Suite plus three additional gracious bedrooms for a total of five bedrooms throughout the home. These quarters are all centered around a sprawling covered porch designed for enjoying the salt breeze. The true heart of the home is found on the third floor. Designed as a reverse floor plan to maximize the view corridor, the main living level stuns with an open-concept great room, dining area, and a gourmet kitchen outfitted with custom millwork and premium finishes. This level also hosts the luxurious master suite which serves as a private sanctuary featuring a spa-inspired bath, walk-in closet, and direct access to the third-story covered porch. With over 900 square feet of covered porches wrapping the home, outdoor living is effortless. Residents of Cannonsgate enjoy exclusive access to the Manor House, tennis courts, swimming pool, and the state-of-the-art marina. Whether you are seeking a primary estate or a grand coastal retreat, 244 Colleton Square delivers unmatched volume, craftsmanship, and community prestige. Estimated for completion May of 2026.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Architectural Shingle
- Construction materials: Brick,Fiber Cement,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Laundry Room
Bedroom1
- Level: Second
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Bonus Room
- Level: First
Features
- Walk-in Closet(s),High Ceilings,Ceiling Fan(s),Elevator,Pantry,Reverse Floor Plan,Walk-in Shower,Wet Bar,Gas Log,Walk-In Closet(s)
- Flooring: Hardwood
- Fireplace features: Gas Log
- Fireplace: Yes
Great Room
- Level: Third
Heating & Cooling
- Heating features: Heat Pump,Electric,Natural Gas
- Cooling features: Central Air,Heat Pump
Interior Area
- Total structure area: 3,705
- Total interior livable area: 3,705 sqft
Master Bedroom
- Level: Third
Property
Details
- Parcel number: 630504545087000
- Zoning: Residential
- Special condition: Standard
Features
- Levels: Three Or More
- Patio & porch: Covered,Front Porch,Rear Porch
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
- Frontage type: See Remarks
- Living area range: 3500 - 3999
Lot
- Lot size: 0.26 Acres
- Features: Corner Lot
- Lot size dimensions: 47 x 28 x 175 x 60 x 194
Parking
- Total spaces: 2
- Parking features: Garage Faces Front,Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Lightning
- Winter Weather
- Coastal Flooding
- Strong Wind
- Wildfire
- 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 | $6,517 | $78,204 |
| Home Insurance * | $316 | $3,792 |
| Property Taxes | $540 | $6,480 |
| Electricity | $345 | $4,141 |
| Total | $7,718 | $92,616 |
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 |
|---|---|---|
| 2026-04-01 | Listed for sale | $1,299,000 |
| 2024-04-08 | Sold | $70,000 |
| 2024-03-18 | Pending sale | $76,000 |
| 2024-02-22 | Listed for sale | $76,000 |
| 2021-09-13 | Sold | $27,000 |
| 2017-03-10 | Sold | $40,000 |
| 2012-06-27 | Sold | $17,000 |
| 2011-10-26 | Sold | $28,000 |
| 2006-09-27 | Sold | $300,000 |
| 2006-02-13 | Sold | $200,000 |
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