$750,000
SOLD MAY 19, 2025

264 U S 64 Manteo, NC 27954

4.64 Acres
$161,638 Price per Acre
202,118 Sq Ft Lot

Recently Sold

1% Below List Price

1,205 Days on Market

Highlights

  • Views of a Sound
  • 4.64 Acre Lot
  • Property fronts a marsh

About This Lot

As of May 2025

WATERFRONT DEVELOPMENT OPPORTUNITY! A LARGE PORTION IN X FLOOD ZONE
Approximately 4.64 acres of waterfront commercial real estate located on the primary highway in Manteo, between Darrells Restaurant and the Christmas Shop. 321 feet of road frontage offers great visibility on the high traffic corridor of Roanoke Island. The parcel has been cleared except for the original parking
lot, that is in an X flood zone, which overlooks Shallowbag Bay and the salt marshes.. Proformas have been prepared for a 40 and 60 room inn, also a previous buyer proposed 90 motel that appeared to fit the site.
A mixed use project with commercial on the first floor and residential on the second and third floors should do well in the location.
The parcel includes approximatEly 74,791 sqft of buildable uplands(subject to verification), 1000' of canal frontage leading out to Shallowbag Bay, and 127' of sound frontage! ENDLESS OPPORTUNITIES
Other needs for the area are townhomes, multifamily, or single family homes(SKETCH PLAN ON FILE FOR 8 SINGLE FAMILY LOTS) all of which could have access to the sound through the existing canal that adjoins the property.

Last Agent to Sell the Property

Bobby Harrell

Harrell & Associates License #77804 Listed on: 01/17/2022

Co-Listed By

Tess Harrell

Harrell & Associates License #277230

Last Buyer's Agent

Michael Siers

Howard Hanna Outer Banks Realty License #269494

Howard Hanna Outer Banks Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,376

Lot Details

  • 4.64 Acre Lot
  • Property fronts a marsh
  • Cleared Lot
  • Property is zoned B-2

Property Views

  • Views of a Sound
  • Canal Views

Property Details

Property Type

Land

Est. Annual Taxes

$5,376

Lot Details

0

Listing Details

  • Headline: COMMERCIAL WATERFRONT X FLOOD
  • Zoning: B-2
  • PropertySubType: Commercial
  • PropertyType: Land
  • ResoLotFeatures: Cleared, Filled, Waterfront
  • Lot Size Acres: 4.64
  • Road Surface Type: Public, Paved
  • View Type:Pond View: Canal, Sound, Salt Marsh
  • Co List Office Mls Id: 94000
  • Ownership: Owned More than 12 Months
  • MLS Status: (21) Sold - Sold CO OP by Member
  • Subdivision Name: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Soundfront

Utilities

  • Electric: Available
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 202118.0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5376.42
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2025 05/19/25 Sold $750,000 -1.2% --
05/06/2025 05/06/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $759,300 0.0% --
08/11/2024 08/11/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $759,300 +1.3% --
05/22/2023 05/22/23 Price Changed $749,500 -1.3% --
02/03/2023 02/03/23 Price Changed $759,350 +1.3% --
05/20/2022 05/20/22 For Sale $749,500 -0.1% --
05/19/2022 05/19/22 Off Market $750,000 -- --
03/22/2022 03/22/22 Sold $86,000 -88.5% -- View Prior Sale
02/18/2022 02/18/22 Pending -- -- --
01/19/2022 01/19/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $749,500 +613.8% --
10/30/2021 10/30/21 Price Changed $105,000 +1.0% --
10/28/2021 10/28/21 For Sale $104,000 +52.9% --
05/12/2021 05/12/21 Sold $68,000 -77.3% -- View Prior Sale
05/07/2021 05/07/21 Sold $299,000 +278.5% -- View Prior Sale
05/01/2021 05/01/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $79,000 -75.2% --
04/09/2021 04/09/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $319,000 -5.9% --
01/08/2020 01/08/20 For Sale $339,000 +13.4% --
12/08/2019 12/08/19 Off Market $299,000 -- --
06/01/2019 06/01/19 For Sale $349,000 -- --
Source: Outer Banks Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117328

Outer Banks Association of REALTORS®