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444 Pearson Cir
C+ Composite 61.87
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +25.7/30.0
  • DSCR +8.6/10.0
  • ARV discount +7.5/15.0
  • 1% rule +6.8/10.0
  • Schools +5.1/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$875,000

444 Pearson Cir · Broad Creek, NC 28570
2 bd · 2.0 ba · 1,466 sqft · Other public records · 119 Days on market
Built 2025 0.38 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

Key facts

  • Stone countertops
  • Premium appliances
  • 0.38 acre lot

Tags

CUSTOM CHEF'S KITCHENPREMIUM APPLIANCESHANDCRAFTED CABINETRYSTONE COUNTERTOPSOPEN-CONCEPT MAIN LIVING AREAPANORAMIC WATER VISTAS

Property features AI

Finance

  • Other: Zoning: R15M
  • HOA & community: Association amenities include a boat dock

Exterior

  • Parking: 2 total parking spaces; 2-car attached garage; Concrete on-site parking
  • Utilities: Public water; Private sewer; Natural gas available and connected; Water connected; Generator (electric backup)
  • Home design: Single family residence; Residential property; Two stories (three or more levels indicated); New construction; Entry level: slab foundation; Facing direction: see remarks
  • Construction: Vinyl siding and frame construction; Shingle roof; Built with slab foundation; Home warranty included
  • Exterior features: Covered patio/porch; Deck; Porch; Vinyl fencing; Waterfront access; Has view

Interior

  • Kitchen: Gas cooktop; Electric oven; Convection oven; Microwave; Dishwasher
  • Bedrooms: Total rooms: 7
  • Bathrooms: 3 full bathrooms; 2 half bathrooms; Accessible full bath
  • Heating & cooling: Heat pump heating; Fireplace insert; Electric heating; Natural gas heating; Central air conditioning; Heat pump cooling
  • Interior features: Walk-in closets; Tray ceilings; High ceilings; Kitchen island; Ceiling fans; Elevator; Pantry; Insulated windows; Window coverings; Gas log fireplace
  • Laundry & utility: Gas water heater; Generator

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath other listed at $875k.

Deal economics

  • At list price, monthly cash flow is $2k ($25k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($10k rent vs $875k).
  • Recommended offer: $796k (9.0% below list) — sets the bar for market timing.
  • Cap rate 9.2% vs local median 22.6% in Broad Creek — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 64/100 on livability (#340 in NC) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety D-.
  • Carteret County Public Schools (rural): math 59% / reading 61% proficiency, ranked #31 of 178 in NC (top 17%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Bogue Sound Elementary (math 63% / reading 63%, grade B, #168 of 1,410 statewide, top 12%, 467 students, 99% FRL); Broad Creek Middle (math 63% / reading 68%, grade A-, #28 of 475 statewide, top 6%, 710 students, 100% FRL); Croatan High (math 82% / reading 78%, grade A, #73 of 535 statewide, top 13%, 974 students, 26% FRL) — zoned schools average 75% FRL vs 39% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 216 active listings in the ZIP; 935 units permitted in Carteret County in 2024 (360 in 5+ unit buildings).
  • At $10,313/mo this rent would consume 176% of the median local household income ($70k/yr) (locally 461% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $26k of value loss. Plan a longer hold.
  • Carteret County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 119 days — a 9% lower offer ($796k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $340k; list at $875k implies a 157% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $796,250 (9.0% below list)

Questions for the listing agent

  1. It's been on market 119 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.18%
Cap rate
9.17%
Cash-on-cash
10.29%
DSCR
1.46
GRM
7.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-0.8%
Equity multiple
0.97×
Total profit
$-7,881
Equity at exit
$130,465
10-year hold
IRR
8.8%
Equity multiple
1.68×
Total profit
$165,996
Equity at exit
$75,654

Cash invested: $245,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
85 Strongly Landlord-Friendly
State North Carolina
85 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
10-day notice; preempted; landlord-favorable but court speed varies.

ZIP-level market 28570

Home prices YoY
-16.2%
Active inventory
216
Price-to-rent
7.1×

Monthly cashflow live

Estimated rent
$10,313 medium interval (Pro) →
Mortgage (P&I)
$4,589
Tax est. 1.5%
$1,094 /mo · $13,125/yr
Insurance
$365
HOA
$0
Vacancy / Maint / Mgmt
$2,166
Net cashflow
$2,100

Break-even live

Break-even rent $7,654
Max offer price $875,000
Occupancy floor 75%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$218,750
Closing costs
$26,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 34 events

  1. 2026-06-19
    days on market $875,000 Active 119 DOM
  2. 2026-06-18
    days on market $875,000 Active 118 DOM
  3. 2026-06-17
    days on market $875,000 Active 117 DOM
  4. 2026-06-16
    days on market $875,000 Active 116 DOM
  5. 2026-06-15
    days on market $875,000 Active 115 DOM
  6. 2026-06-14
    days on market $875,000 Active 113 DOM
  7. 2026-06-12
    days on market $875,000 Active 112 DOM
  8. 2026-06-09
    days on market $875,000 Active 109 DOM
  9. 2026-06-08
    days on market $875,000 Active 108 DOM
  10. 2026-06-07
    days on market $875,000 Active 107 DOM
  11. 2026-06-05
    days on market $875,000 Active 104 DOM
  12. 2026-06-03
    days on market $875,000 Active 103 DOM
  13. 2026-06-02
    days on market $875,000 Active 102 DOM
  14. 2026-06-01
    days on market $875,000 Active 101 DOM
  15. 2026-06-01
    price $875,000 Active 100 DOM
  16. 2026-05-31
    pricedays on market $890,000 Active 100 DOM
  17. 2026-05-30
    days on market $899,000 Active 99 DOM
  18. 2026-02-20
    listed $899,000 Active
  19. 2026-02-16
    historical
  20. 2025-10-06
    listed $899,000 Active
  21. 2024-10-21
    soldstatus $340,000 Closed 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  22. 2024-10-21
    soldstatus $340,000
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  23. 2024-10-03
    status Pending 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  24. 2024-10-01
    status Active 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  25. 2024-09-17
    price $360,000 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  26. 2024-08-10
    price $380,000 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  27. 2024-07-27
    price $400,000 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  28. 2024-07-26
    status Active 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  29. 2024-06-27
    status Pending 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  30. 2024-06-27
    historical 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  31. 2024-06-15
    price $425,000 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  32. 2024-05-21
    price $450,000 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  33. 2024-04-25
    price $475,000 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

  34. 2024-03-18
    listed $495,000 Active 1646-char remark
    Show marketing remark (1646 chars)

    Looking for over a 1/2 acre of land with a view of the ICW? Look no further! Welcome to your new oasis in a community with water access! This vintage 1953 home exudes charm and character, waiting for your personal touch to restore its beauty and begin creating memories with your family. Situated on a spacious lot spanning over half an acre, this property boasts beautiful views of the serene Bogue Sound, providing breathtaking sunsets right from your doorstep, not to mention ample space for outdoor activities, gardening, and entertaining. Seller also has a 4 bedroom septic permit in hand. The community dock is across the street, and Osprey Oaks marina is just down the road - perfect for putting your boat over! Just a 10-minute drive to the vibrant communities of Morehead City and Cape Carteret, offering a myriad of dining, shopping, and recreational opportunities. This home is also located just around the corner from excellent schools, including Croatan High School and Bogue Sound Elementary and a short commute to Camp Lejeune and Cherry Point. Opportunity knocks with this rare chance to own a piece of paradise! Whether you're looking to customize your dream home, renovate to your heart's content, or start from scratch with a blank canvas for your personal vision. The possibilities are endless for home owners, builders, and investors. We'd love to discuss the multiple options for this property which is just shy of 30,000 square feet. Even better, can you believe it is this close to Bogue Sound and is not in a Flood Zone? That is great news! Schedule your viewing today and experience coastal living at its finest!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 31% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥102°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$123,751
− Mortgage interest
−$49,014
− Property taxes
−$13,125
− Insurance
−$4,375
− Repairs & maintenance
−$9,900
− Management
−$9,900
− Depreciation
−$25,455
Taxable income
$11,983
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,876
After-tax cash flow
$22,324/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Carteret County Public Schools
NCES district ID
3700630
Math proficiency
59% ▲ 5.00%
Reading proficiency
61% ▲ 2.00%
Median HH income
$48,330
Composite
50.92/100
National rank
#1786
State rank
#31 of 178 in NC

Livability — Broad Creek

Score
64/100
State rank
#340
US rank
#13718

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C+ Housing A+ Health & safety D- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Carteret County · 52,389 people
Metro
Morehead City, NC
Population (ZIP)
22,197
Household income
$70,229
Rent vs Own
22.7% rent · 77.3% own
Severe rent burden
461.0

Population outlook (Carteret County) Hauer SSP2

Today (2025)
73,443 people
By 2030
75,344 · +2.6%
By 2040
78,142 · +6.4%
By 2050
80,091 · +9.1%
By 2075
86,120 · +17.3%
By 2100
89,408 · +21.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (82%)
Race & ethnicity
White 82% Hispanic / Latino 7% Two or more races 6% Black 3% Asian 1%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Slovak 3% Romanian 3% Lithuanian 2%
Foreign-born
5% · Canada, Dominican Republic
Languages at home
92% English-only · Spanish 6% German/W. Germanic 1%

Political lean MEDSL · Carteret

2024 margin
Solid R (+43.1) · D 28.0% · R 71.1%
2008→2024 swing
-8.4pp toward R · 2008: -34.7pp · 2024: -43.1pp
All cycles
2024: R+43.1 2020: R+42.0 2016: R+44.5 2012: R+41.0 2008: R+34.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -53.54%
Current HPI
276.6589
Rent YoY
Metro
Morehead City, NC
State GDP YoY
▲ 3.28%
F500 in state
26

Industry mix (Fortune 500 HQ in NC)

Industry F500 HQs Revenue

Price history

+81.6% since first listed
17 events — show timeline
  • 2026-02-20 Listed $899,000 Hive MLS
  • 2026-02-16 Listing Removed Hive MLS
  • 2025-10-06 Listed $899,000 Hive MLS
  • 2024-10-21 Sold (Public Records) $340,000 Public Records
  • 2024-10-21 Sold (MLS) $340,000 Hive MLS
  • 2024-10-03 Pending Hive MLS
  • 2024-10-01 Relisted Hive MLS
  • 2024-09-17 Price Changed $360,000 Hive MLS
  • 2024-08-10 Price Changed $380,000 Hive MLS
  • 2024-07-27 Price Changed $400,000 Hive MLS
  • 2024-07-26 Relisted Hive MLS
  • 2024-06-27 Pending Hive MLS
  • 2024-06-27 Listing Removed Hive MLS
  • 2024-06-15 Price Changed $425,000 Hive MLS
  • 2024-05-21 Price Changed $450,000 Hive MLS
  • 2024-04-25 Price Changed $475,000 Hive MLS
  • 2024-03-18 Listed $495,000 Hive MLS

Property tax history

-6.2%/yr

Latest (2025): $457 · -57.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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