NOT LISTED FOR SALE

520 Pelican Dr E Pine Knoll Shores, NC 28512

Estimated Value: $625,249 - $731,000

0.49 Acre
$1,383,929 Price per Acre
21,344 Sq Ft Lot

Last Sold August 01, 2023

Last sale price $660,000

Est. 2% increase in value since last sale

Current estimated payment $4,083/month

63 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 55 Feet of Waterfront
  • Fitness Center
  • Morehead City Primary School Rated A-
  • Marina
  • Community Pool

About This Lot

As of August 2023

Start building your ideal home on this soundfront lot in the highly desirable Beacon's Reach community. This property features a bulkhead and stunning views of Bogue Sound & Egret Lake. Private beach access, swimming pools, lighted tennis courts, marina with access to boat ramp and storage, bike trails are just some of the neighborhood attractions.

Last Agent to Sell the Property

Mary Cheatham King

Keller Williams Crystal Coast Listed on: 05/08/2023

Keller Williams Crystal Coast

Last Buyer's Agent

Jane Cokeley

Landmark Sotheby's International Realty License #284152

Landmark Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,397

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 107 x 289 x 55 x 297
  • 55 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Cleared Lot
  • Property is zoned MF2

HOA Fees

  • $292 Monthly HOA Fees

Property Views

  • Water Views
  • Views of a Sound

Schools

  • Morehead City Elementary School
  • Morehead City Middle School
  • West Carteret High School

Additional Features

  • Accessible Ramps
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 634519701612000

Community Details

Overview

  • Beacon's Reach HOA, Phone Number (252) 247-4017
  • Beacon's Reach Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Community Storage Space

Recreation

  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails
  • Deeded Waterfront Access Rights
  • Bulkhead

Security

  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$2,397

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front, Sound Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 107
  • Water Frontage: 55.00

Utilities

  • Fuel Tank: None
  • Utilities: Community Sewer, Municipal Water Available

Association/Amenities

  • HOA and Neighborhood Amenities: Basketball, Fitness Center, Maint - Comm Areas, Maint - Roads, Marina, Mgmt Fee, Picnic Grounds, Playground, Pool, Ramp, Security, Storage Lot, Street Lights, Tax Comm Areas, Tennis, Trails
  • HOAAssociationFee1Year: 3500.00
  • HOAAssociationName: Beacon's Reach HOA
  • HOAAssociationPhone: 2522474017

Lot Info

  • Deed Page: 371.00
  • Lot Dimensions: 107 X 289 X 55 X 297
  • Lot Sq Ft: 21344.00
  • Lot Water Features: Bulkhead, Deeded Water Access, Deeded Water Rights, Sound Side, Water Access Comm, Waterfront Comm
  • Plat Book: 24
  • Plat Page: 143
  • Special Assessments: $500/yr BRMA in '24,'26 & '29
  • Zoning: MF2
  • Acres: 0.49
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1408163.27
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot View Type: Sound View

Tax Info

  • Tax Identifier: 634519701612000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2397.49

MLS Schools

  • Elementary School: Morehead City Elem
  • High School: West Carteret
  • Middle School: Morehead City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jul 24, 2023
Sold by
Gerard Cheney James and Dowdy Landon
Bought by
Oac Pine Knoll Llc
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
Jane Cokeley
Landmark Sotheby's International Realty
List Price
$690,000
Sold Price
$660,000
Premium/Discount to List
-$30,000
-4.35%
Views
69
Current Estimated Value
$674,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,471
Avg. Annual Appreciation
1.33%

Purchase Details

Listed on
May 22, 2019
Closed on
Dec 15, 2020
Sold by
Tmw Waterfront Llc
Bought by
Cheney James Gerald and Cheney Landon Dowdy
Seller's Agent
Kimberly Maness
Bluewater Real Estate AB
Buyer's Agent
Kimberly Maness
Bluewater Real Estate AB
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$415,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Dorman Frank Oliver and Icard Timothy Lee
Bought by
Tmw Waterfront Llc

Purchase Details

Closed on
Mar 31, 2000

Purchase Details

Closed on
Sep 25, 1989
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oac Pine Knoll Llc $610,000 None Listed On Document
Cheney James Gerald $515,000 None Available
Tmw Waterfront Llc $562,500 None Available
-- $100,000 --
-- $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheney James Gerald $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $660,000 -4.3% --
07/10/2023 07/10/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $690,000 +34.0% --
12/16/2020 12/16/20 Sold $515,000 -10.4% --
08/06/2020 08/06/20 Pending -- -- --
05/22/2019 05/22/19 For Sale $575,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,393 $409,828 $398,580 $11,248
2023 $1,393 $409,828 $398,580 $11,248
2022 $1,352 $409,828 $398,580 $11,248
2021 $0 $398,580 $398,580 $0
2020 $1,315 $398,580 $398,580 $0
2019 $1,206 $389,090 $389,090 $0
2017 $1,206 $389,090 $389,090 $0
2016 $1,206 $389,090 $389,090 $0
2015 $1,167 $389,090 $389,090 $0
2014 $947 $315,542 $315,542 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Cheatham King

    Seller's Agent in 2023

    Mary Cheatham King

    Keller Williams Crystal Coast

    (252) 808-5596

    141 in this area

    1,322 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jane Cokeley

    Landmark Sotheby's International Realty

    (919) 903-6637

    2 in this area

    19 Total Sales

    Section Image

  • K

    Seller's Agent in 2020

    Kimberly Maness

    Bluewater Real Estate AB

    (919) 971-4181

    5 in this area

    30 Total Sales

    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100383292

Hive MLS

APN: 6345.19.70.1612000

North Carolina Carteret County Pine Knoll Shores 28512

520 Pelican Dr E, Pine Knoll Shores, NC

This home is located at 520 Pelican Dr E, Pine Knoll Shores, NC 28512 since 08 May 2023 and is currently estimated at $678,125. 520 Pelican Dr E is a home located in Carteret County with nearby schools including Morehead City Primary School, Morehead Elementary School at Camp Glenn, and Morehead City Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

Nearby Homes