




508 George Street #A, New Bern, NC, 28560
About This Home
508A George Street Downtown Cottage Turnkey Airbnb with Furnished Option!, Turnkey downtown cottage in the heart of New Bern's Historic District currently operating as a successful short-term rental and offered fully furnished or unfurnished for immediate flexibility. This 2 bedroom, 2 bath home delivers the rare combination of lifestyle appeal and proven income potential in one of the city's most walkable locations. Inside, the home features custom tile flooring throughout the main living areas and kitchen, paired with thoughtful updates that create a durable, low-maintenance interior ideal for guests or full-time living. Upstairs, refreshed flooring and two well-appointed bedrooms provide a comfortable, inviting retreat, complemented by two updated bathrooms. Outdoor living is a standout feature, with a private fenced courtyard ideal for entertaining or relaxing, plus a second-floor balcony that extends the living space. A dedicated off-street parking space adds valuable convenience in a downtown setting. Located just steps from local dining, shops, waterfront attractions, and within walking distance of Tryon Palace, this property sits in one of New Bern's most desirable and consistently in-demand areas. Continue operating as a high-performing Airbnb, use it as a low-maintenance second home, or enjoy it as a primary residence in the heart of downtown. Also available with 510 George Street as a rare dual-property investment opportunity.
Getting Around
Schools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Crawl Space
- Roof: Shingle
- Construction materials: Asbestos,Wood Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Historic District
- Property subType: Single Family Residence
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- None
- Flooring: Carpet,Tile,Wood
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
Property
Details
- Parcel number: 80037001
- Zoning: Residential
- Special condition: Standard
Features
- Levels: Two
- Pool features: None
- Patio & porch: Covered,Patio,Porch,Balcony
- Exterior features: None
- Fencing: Partial,Wood
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
- Living area range: 1000 - 1199
Lot
- Lot size: 1,742 sqft
- Lot size dimensions: 36.03 x 60.59 x 31.38 x
Parking
- Parking features: Paved
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
- Winter Weather
- Lightning
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Craven 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 | $1,264 | $15,168 |
| Home Insurance * | $101 | $1,212 |
| Property Taxes | $135 | $1,620 |
| Electricity | $200 | $2,405 |
| Total | $1,700 | $20,400 |
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 |
|---|---|---|
| 2026-04-23 | Listed for sale | $250,000 |
| 2026-04-20 | Listing removed | $349,900 |
| 2026-04-06 | Price change | $349,900 |
| 2026-03-10 | Listed for sale | $399,000 |
