444 Pearson Cir · Broad Creek, NC
Flood risk 5/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.31%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $906 – $1,684
Heat risk 9/10 · Severe
- Hot days now (above 102°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- IRR
- -0.8%
- Equity multiple
- 0.97×
- Total profit
- $-7,881
- Equity at exit
- $130,465
- 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
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
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
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2026-06-19days on market $875,000 Active 119 DOM
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2026-06-18days on market $875,000 Active 118 DOM
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2026-06-17days on market $875,000 Active 117 DOM
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2026-06-16days on market $875,000 Active 116 DOM
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2026-06-15days on market $875,000 Active 115 DOM
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2026-06-14days on market $875,000 Active 113 DOM
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2026-06-12days on market $875,000 Active 112 DOM
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2026-06-09days on market $875,000 Active 109 DOM
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2026-06-08days on market $875,000 Active 108 DOM
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2026-06-07days on market $875,000 Active 107 DOM
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2026-06-05days on market $875,000 Active 104 DOM
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2026-06-03days on market $875,000 Active 103 DOM
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2026-06-02days on market $875,000 Active 102 DOM
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2026-06-01days on market $875,000 Active 101 DOM
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2026-06-01price $875,000 Active 100 DOM
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2026-05-31pricedays on market $890,000 Active 100 DOM
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2026-05-30days on market $899,000 Active 99 DOM
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2026-02-20$899,000 Active
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2026-02-16historical
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2025-10-06$899,000 Active
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2024-10-21soldstatus $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!
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2024-10-21soldstatus $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!
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2024-10-03status 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!
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2024-10-01status 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!
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2024-09-17price $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!
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2024-08-10price $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!
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2024-07-27price $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!
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2024-07-26status 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!
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2024-06-27status 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!
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2024-06-27historical 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!
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2024-06-15price $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!
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2024-05-21price $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!
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2024-04-25price $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!
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2024-03-18$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
- 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
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
- 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 |
|---|---|---|
| Financial Services | 2 | $213B |
|
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| Retail | 2 | $95B |
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| Industrial Conglomerate | 1 | $38B |
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| Metals / Steel | 1 | $35B |
|
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| Utilities | 1 | $30B |
|
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| Industrial Machinery | 1 | $19B |
|
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Price history
+81.6% since first listed17 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%/yrLatest (2025): $457 · -57.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…