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Water-View Residential Building Lot
For Sale
$325,000

203 Pensacola Avenue # 2, Morehead City, NC 28557

Build on an 80 x 125 homesite with water views of Pelletier Creek and no flood insurance required.

Property SizeContact for details
Days on Market294

Property Features for 203 Pensacola Avenue # 2

General Information

Standard status Active
Property subtype Land
Zoning Residential

Amenities

No
Subdivided,Second Row
Public
0.23
80x125x80x125
City Street,State Road
Listing Agency: D.R. Horton, Inc
Listed By: Kristy Valdez · License #361024
Source: Baystreetrealtygroup
Added: Oct 23, 2025 Changed: Aug 8 Last Checked: Jul 3 at 12:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of D.R. Horton, Inc

Investment Insights

Based on property information with market context.

This offering is for an 80 x 125 residential building lot, positioned to capture water views of Pelletier Creek. The property is described as located in one of Morehead City’s sought-after neighborhoods, with the benefit of no flood insurance required, according to the listing remarks.

The location is presented as close to shops, dining, and schools, with a short walk to multiple marinas and dry stack boat storage. The beaches of the Crystal Coast are also described as a short drive away, and the property is noted as a good spot for walking and riding a bike to downtown Morehead City.

For buyers planning a primary residence or a seasonal getaway, the site is set up for building a single home on its own or expanding the footprint. The listing also indicates an adjacent lot is available to pair with this property, creating an expanded homesite nearing half an acre, providing flexibility for those seeking more outdoor and home space.

Key Highlights

  • 80 x 125 lot (0.23 acres) with subdivided lot features in Morehead City
  • Second‑row location with water views of Pelletier Creek
  • Public water available

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Law Firm Electrical Service Pharmacy Cafe & Coffee Shop Barber Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

414
Businesses Nearby

Demographics for 28557, NC

14,910
Population
9,168
Households
1.6
Avg Household Size
50
Median Age
40%
College-Educated
93%
High-School Grad
14.2 sq mi
ZIP Area
1,050
Density / Sq Mi
$67,753
Median Household Income
$38,534
Median Earnings
$1,143
Median Rent
$331,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Build on an 80 x 125 homesite with water views of Pelletier Creek and no flood insurance required.
Where is this waterfront land located?
The property is located at 203 Pensacola Avenue # 2 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: 80 x 125 lot (0.23 acres) with subdivided lot features in Morehead City; Second‑row location with water views of Pelletier Creek; Public water available
More about this property
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