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    1013 Shepard St Morehead City, NC 28557

    For Sale
    $1,499,900

    LAND - Morehead City, NC

    Lot size:
    0.40 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 10 at 3:06 pm

    Property Features for 1013 Shepard St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R5S
    APN
    638619509658000
    Exterior features
    Dock
    Lot size
    0.40 Acres

    Utilities

    Utilities
    Electricity Available
    Water source
    Public
    Water front
    1

    Keller Williams Realty (252) 637-2010 [email protected]

    Listing agent Mary Cheatham King Real Estate team (252) 518-5222

    Listing date Nov 26, 2025

    MLS# 100537156 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Soundfront Lot in Promise Land

    This soundfront vacant lot is located in the Promise Land neighborhood of downtown Morehead City. The property offers waterfront living less than a quarter mile from the heart of downtown. The lot provides an opportunity to build a waterfront retreat with the Intracoastal Waterway just beyond the doorstep. An existing dock requires repair. Wetlands along the shoreline create a buffer and serve as a living shoreline, offering natural protection. The 0.4-acre lot is conveniently located near local restaurants, boutiques, nightlife, and local beaches. The property is located at 1013 Shepard Street, Morehead City, NC 28557.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morehead City
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.7168
    Latitude
    34.71931

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    FAQs

    What type of property is this?
    Land - Vacant soundfront lot in downtown Morehead City's Promise Land.
    Where is this land located?
    The property is located at 1013 Shepard St Morehead City, NC.
    What is the asking price?
    The asking price for this property is $1,499,900.
    What are key features of this property?
    This property features: - Soundfront vacant lot in the desirable Promise Land neighborhood.; - Located less than a quarter mile from downtown Morehead City.; - Direct access to Bogue Sound and the Intracoastal Waterway.
    (252) 518-5222
    Request Owner's contact information
    1013 Shepard St Morehead City, NC 28557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1013 Shepard St Morehead City, NC 28557
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