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3D

500 Arendell Street, 
Morehead City, NC 28557

$1,895,000

6

Beds

6

Baths

4,896

Sq Ft

Single Family

Active

Listed by

Meredith & Matt Team Johnson

RE/MAX Ocean Properties

Last updated:

October 27, 2026, 12:50 AM

MLS#

100611721

Source:

NC CCAR

About This Home

500 Arendell Street

The Historic City House was originally constructed as the Tidewater Power Company in 1920 and was often referred to as the Old Well House. So much charm and beauty through this beautifully renovated building, yet still maintaining so much of the original vintage charm. Established Bed & Breakfast is ready for investor to step in at any time with this prime downtown Morehead City location right by the Waterfront. With 4 beautifully furnished units, there are so many possibilities! THE FLAT is the first level and front entry unit and offers 2 bedrooms, 1.5 baths, full kitchen, and a spacious living area. THE RESIDENCE is the largest unit with 2 large bedrooms, 2 full bathrooms, tons of living space, 12'+ ceilings, laundry room, oversized gourmet Kitchen, and rooftop access. The rooftop has a hot tub, and large space for entertaining with views galore of downtown Morehead City Waterfront, Bogue Sound, Sugarloaf Island, Calico Creek, ICW, and more. THE LOFT offers one spacious bedroom suite with full size kitchen and large living room that has 9'+ ceilings. THE CHAMBER offers a more cozy setting with one bedroom suite and more compact kitchen. Be sure to see photos to appreciate the attention to detail throughout. All units can be connected to create one large residence if desired, units are currently closed off for privacy. Ask agent for current website to see current marketing for existing bed and breakfast. This location is tough to beat and truly is a "turn key investment"!!!

Home Facts

Single Family

6 Baths

6 Bedrooms

Built in 1920

Subdivision & Development:

Not In Subdivision

Price Summary

1,895,000

$387 per Sq. Ft.

MLS #:

100611721

Last Updated:

October 27, 2026, 12:50 AM

Added:

6 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

5

Interior

Living Area:

4,896 Sq. Ft.

Structure

Structure

Building Area:

4,896 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

3,484

Finances & Disclosures

Finances

Price:

$1,895,000

Price per Sq. Ft:

$387 per Sq. Ft.

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The information being provided by Hive MLS (formerly North Carolina Regional Mls) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Hive MLS (formerly North Carolina Regional Mls) All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.