268 Highway 70 Otway, Beaufort, NC 28516 – MLS# 100487279
Courtesy of Barefoot Chandler Group Team, Barefoot-Chandler & Associates
Description
Discover a rare and exceptional investment opportunity with this expansive waterfront property overlooking Wards Creek. Featuring two separate homes and generous acreage, this versatile estate offers endless possibilities–whether you envision a family compound, are seeking a profitable rental venture, or are interested in future development. The main residence is a classic brick ranch boasting three spacious bedrooms and two full baths, all enhanced by amazing views of the creek. Although the home needs some TLC, the potential for creating your dream waterfront retreat is undeniable. The second home provides two bedrooms and one bath, making it ideal for extended family, guests, or an income-producing rental. Both dwellings are set amid wide-open spaces, offering a peaceful and private environment perfect for gardening, recreation, or thoughtful expansion. With its stunning waterfront setting, low-maintenance construction, and ample acreage for future growth, this property stands out as a truly beautiful and potentially lucrative investment. Don’t miss your chance to secure this remarkable slice of waterfront living that’s located just a short drive to Beaufort’s Waterfront! Schedule your private showing today.
HOA Amenities
Property Details and Features
Property Access
- Road Type/Frontage: No Frontage,See Remarks,Public (City/Cty/St),Paved
Appliances & Equipment
- Cooktop – Electric
- Stove/Oven – Electric
- Dishwasher
Attic Information
- Floored – Partial
- Stairs – Perm
- See Remarks
Basement
- None
Bathrooms
- 2 total bathrooms
- 2 full bathrooms
Bedrooms
- 3 bedrooms
Building
- Heated SqFt Range: 1800 – 1999
- 1,820 heated sqft
- Built in 1976
- 1 story
- 7 rooms
- Construction: Brick/Stone
- Porch/Balcony/Deck: Covered,Patio,Screened,Porch,Open
- Stories/Levels: One
Cooling
- Central
Dining Room
- Dining Room Type: Combination
Exterior Features
- Exterior Finish: Brick
Fence
- None
Fireplaces
- 1
Floors
- Carpet
- Vinyl
Foundation
- Brick/Mortar
Garage
- 2 attached garage spaces
- 2 garage spaces
Heating
- Heat Pump
Interior Features
- Ceiling Fan(s)
- Walk-In Closet
- Pantry
- Foyer
Laundry
- Laundry Location: Room
Listing
- Listed on 2025-02-05
- Construction Type: Stick Built
- List Price/SqFt: $466
- Terms: Cash,Conventional
Location
- County: Carteret
- Zip Code: 28516
- Latitude: 34.778417
- Longitude: -76.566888
- Subdivision: Not In Subdivision
- City Limits: No
Lot
- 409,028 sqft lot
- Lot Dimensions: IRR
- 9.39 acres
- Lot Water Features: None
Parking
- Garage Faces Side
- Shared
- Paved
Pool
- None
Possession
- At Closing
Property
- Zoning: R
- Waterview
- Waterfront
Roof
- Shingle
Taxes
- Tax Assessed Value: $567,161
- City Tax Rate: 1758
- Tax Year: 2024
Utilities
- Septic On Site
- Well Water