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    201 Pensacola Ave, Unit 1 Morehead City, NC 28557

    Sponsored
    For Sale
    $325,000

    LAND - Morehead City, NC

    Lot size:
    0.25 Acres
    Days on Market:
    46
    Last Refresh:
    Jan 10 at 1:06 pm

    Property Features for 201 Pensacola Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Residential
    APN
    636616736248000
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public

    Coldwell Banker Sea Coast AB (252) 247-7600

    Listing agent Bailey Basnight Real Estate (252) 241-1200 License #281517

    Listing date Nov 26, 2025

    MLS# 100537640 Listing URL

    Copyright © 2026 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot with Water Views

    This residential lot is located in Morehead City, North Carolina, offering water views of Pelletier Creek. The 90 x 125 homesite, approximately 0.25 acres, features large oak trees. The property does not require flood insurance. It is conveniently located near shopping, restaurants, and schools, with several marinas and dry stack boat storage within walking distance. The area is suitable for walking and biking, with the Morehead City waterfront accessible for dining and festivals. The beach is a short drive away. The property is suitable for building a summer retreat or a permanent home. The adjoining lot is also available for purchase, creating a combined property approaching half an acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

    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
    -76.777618
    Latitude
    34.727901

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    FAQs

    What type of property is this?
    Land - Residential lot in Morehead City with water views.
    Where is this land located?
    The property is located at 201 Pensacola Ave, Unit 1 Morehead City, NC.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Tranquil water views of Pelletier Creek; - No flood insurance required; - Located in the highly desired Morehead City area
    (252) 515-0502
    Request Owner's contact information
    201 Pensacola Ave, Unit 1 Morehead City, NC 28557
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    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
    201 Pensacola Ave, Unit 1 Morehead City, NC 28557
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