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1827 Olde Farm Road, Morehead City, NC, 28557

4beds
3baths
2,602sqft
$1,179,900
$453price/sqft
$7,408/moest. monthly cost
$296,320/yrincome needed

About This Home

This exceptional new construction in Mariners Pointe blends quality craftsmanship with coastal charm. Featuring durable Hardie siding and a sleek metal roof, the home offers captivating creek views and includes a CAMA minor and major permit for a private dock—perfect for enjoying waterfront living. With 4 bedrooms and 3 full baths, the interior is finished with luxury vinyl plank flooring throughout. The ground level includes a spacious two-car garage, built in storage space with an additional storage room, a covered patio, and elevator access to all floors for added convenience. The reverse floor plan places 3 bedrooms on the second level, featuring 9-foot ceilings. The primary suite includes a generous walk-in closet, access to a private waterfront deck, and a luxurious ensuite bath with double vanities and a tiled shower. Two additional bedrooms, a guest bath, and a laundry room complete this floor. Upstairs, the main living area showcases 10-foot ceilings and an open concept layout ideal for entertaining. The designer kitchen is outfitted with white cabinetry, tile backsplash, quartz countertops, vent hood, gas range, oversized marble island, pantry, and a dry bar area. The inviting living room features a fireplace with custom-built-ins and coffered beadboard ceilings, all opening onto a waterfront deck with peaceful views. A guest bedroom and bath complete this space. An irrigation system ensures low-maintenance landscaping, adding to the ease and enjoyment of this coastal retreat. This waterfront haven offers comfort, style, and picturesque views, perfect for relaxing or entertaining. Mariner's Pointe offers a community pool, clubhouse, and tennis courts, plus a pier and day docks on Calico Bay.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

8/10
3/10
West Carteret High SchoolGrades 9-123.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Fiber Cement,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Oven,Down Draft,Refrigerator,Dishwasher,Tankless Water Heater
  • Laundry features: Dryer Hookup,Washer Hookup,Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Walk-in Closet(s),Tray Ceiling(s),High Ceilings,Bookcases,Kitchen Island,Ceiling Fan(s),Elevator,Pantry,Walk-in Shower,Gas Log,Walk-In Closet(s)
  • Flooring: LVT/LVP
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,602
  • Total interior livable area: 2,602 sqft

Property

Details

  • Parcel number: 638610377293000
  • Zoning: R10 CU
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Covered,Porch
  • Exterior features: Irrigation System
  • Fencing: None
  • Has view: Yes
  • View description: Creek/Stream,Water
  • Has water view: Yes
  • Water view: Creek/Stream,Water
  • On waterfront: Yes
  • Waterfront features: Deeded Water Access
  • Frontage type: Creek
  • Living area range: 2600 - 2799

Lot

  • Lot size: 0.34 Acres
  • Features: Wetlands,Deeded Water Access
  • Lot size dimensions: see plat map in documents

Parking

  • Total spaces: 2
  • Parking features: On Site,Paved
  • 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

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

How This Home’s Risks Compare

Coastal Flooding
Hurricane
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 $5,966$71,592
Home Insurance *$277$3,324
Property Taxes $923$11,076
Electricity $242$2,908
Total$7,408$88,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$253,988/yr
40% on housing$222,240/yr
45% on housing$197,546/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

$453This listing

vs Other Active Listings

Avg $/sqft

ZIP 28557$329
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
2026-02-17Listed for sale$1,179,900
2025-12-19Listing removed$1,179,900
2025-05-07Listed for sale$1,179,900
2024-09-30Sold$130,000
2023-08-29Sold$130,000

New Construction

AgentMary Cheatham King Real Estate team
BrokerageKeller Williams Crystal Coast

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