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4741 S Shore Drive, Morehead City, NC, 28557

5beds
6baths
4,057sqft
$3,190,000
$786price/sqft
$18,398/moest. monthly cost
$735,920/yrincome needed

About This Home

Experience coastal luxury at its finest in this stunning new custom-built waterfront home in Morehead City. Featuring 5 spacious bedrooms and 5.5 beautifully appointed baths, this exceptional residence was thoughtfully designed to maximize comfort, elegance, and breathtaking water views. The main living area is perched on the top floor, creating a spectacular setting for entertaining and everyday living while capturing panoramic waterfront vistas. High-end finishes can be found throughout, complemented by an elevator providing convenient access to all levels. Enjoy seamless indoor-outdoor living with access to a shared dock complete with a boat lift, making it easy to explore the crystal waters of the Carolina coast. Whether you're seeking a primary residence or a vacation retreat, this remarkable waterfront property offers an unparalleled lifestyle in one of the area's most desirable locations.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

8/10
5/10
West Carteret High SchoolGrades 8-120.9 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator,Ice Maker,Disposal,Tankless Water Heater,Cooktop
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Basement: None

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Third

Bedroom5

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Family Room

  • Level: First

Features

  • High Ceilings,Elevator,Reverse Floor Plan,Walk-in Shower
  • Flooring: Ceramic Tile,Hardwood
  • Attic: Access Only

Heating & Cooling

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

Interior Area

  • Total structure area: 4,057
  • Total interior livable area: 4,057 sqft

Master Bedroom

  • Level: Second

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 636619529501000
  • Zoning: R-5S
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Patio & porch: Covered,Deck,Balcony,Front Porch
  • Exterior features: Outdoor Shower,Gas Log
  • Fencing: None
  • Has view: Yes
  • View description: Sound
  • Has water view: Yes
  • Water view: Sound
  • On waterfront: Yes
  • Waterfront features: Sound Side,Sound Front
  • Frontage type: Sound Front
  • Living area range: 4000 - 4499

Lot

  • Lot size: 0.31 Acres
  • Features: Boat Slip,Boat Dock,Sound Side
  • Lot size dimensions: 256 x 51 estimated

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Concrete,Garage Door Opener,On Site,Garage
  • 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
    HurricaneVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Winter Weather
Lightning
Coastal Flooding
Heat Wave
Ice Storm
Strong Wind
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 $16,130$193,560
Home Insurance *$750$9,000
Property Taxes $1,141$13,692
Electricity $377$4,534
Total$18,398$220,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$630,788/yr
40% on housing$551,940/yr
45% on housing$490,613/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

$786This listing

vs Other Active Listings

Avg $/sqft

ZIP 28557$317
Carteret County$288

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
2026-06-02Listed for sale$3,190,000

New Construction

AgentHerbert Spear
BrokeragePerry Management Inc

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