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For sale
  • Price cut: $25.5K (8/18)
    $599,500

    1656 Butterfly Knot Drive SW, Ocean Isle Beach, NC 28469

    3beds
    2,304sqft
    : 
    $3,669/mo
    Get pre-qualified
    Single Family Residence
    Built in 2017
    0.34 Acres Lot
    $586,800 Zestimate®
    $260/sqft
    $262/mo HOA

    What's special

    Front porchCustom kitchenGranite countertopsScreened porchWalk-in pantryFreshly painted exteriorJack-and-jill en-suite bathroom
    Welcome to your dream home in the coveted Waterway Cove community! This charming 3-bedroom, 2.5-bathroom coastal cottage offers the perfect blend of comfort, style, and convenience. As you step onto the front porch, you're greeted by stunning sunrises for morning coffee or evening shade for outside living space. Inside, the home boasts a spacious layout, featuring a custom kitchen, dining, and living area adorned with a cozy fireplace. The kitchen is a chef's delight, complete with granite countertops, stainless steel appliances, walk-in pantry and spacious bar perfect for meal prep or gathering with loved ones. This custom-built home features a freshly painted exterior and even an outdoor shower. Bright upstairs loft and two additional bedrooms are ideal for a home office/den, game room, or craft space. The two upstairs bedrooms share a jack-and-jill en-suite bathroom. The oversized, attached garage is desirable, providing ample space for storage, parking and the new EV charger. Relax outside on the screened porch or in the oversized backyard rarely found in the neighborhood with ample space for a hot tub or fire pit. The community pool, exercise trails, and fitness room are just some of the features of the Waterway Cove neighborhood. This HOA also includes lawn care to make your coastal living more maintenance free. For those who love coastal living, this home's location is unbeatable - just a short distance from the beach, as well as a variety of restaurants, grocery stores and shops. Don't miss out on the opportunity to call this coastal home your own. Waterway Cove was even featured in Southern Living Magazine - come see why for yourself!
    62 days
    |
    1,064
    |
    55
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tami L Rash 919-522-2041,

    Intracoastal Realty Corporation

    Source: Hive MLS,MLS#: 100582545MLS LogoOriginating MLS: Brunswick County Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Dining Room, Living Room, Laundry, Bedroom 2, Bedroom 3, Office
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Office
      • Level: Second
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Built-In Microwave, Refrigerator, Ice Maker, Disposal, Dishwasher
      • Laundry: Dryer Hookup, Washer Hookup, Laundry Room
      Features
      • Master Downstairs, Walk-in Closet(s), Solid Surface, Ceiling Fan(s), Pantry, Walk-in Shower, Gas Log, Walk-In Closet(s)
      • Flooring: Carpet, Tile, Wood
      • Attic: Storage,Pull Down Stairs
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      Interior area
      • Total structure area: 2,304
      • Total interior livable area: 2,304 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Attached, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Patio & porch: Covered, Porch, Screened, Side Porch
      • Exterior features: Outdoor Shower, Irrigation System, Cluster Mailboxes
      • Fencing: None
      • Has view: Yes
      • View description: None
      • Frontage type: See Remarks
      Lot
      • Size: 0.34 Acres
      • Dimensions: 81' x 159' x 93' x 180'
      • Features: Level
      Details
      • Parcel number: 243oj006
      • Zoning: Oi-R-2M
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Wood Frame
      • Foundation: Crawl Space
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 2017

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Waterway Cove
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Pool, Fitness Center, Maintenance Common Areas, Maintenance Grounds, Sidewalks, Street Lights, Trail(s)
      • HOA fee: $3,144 annually
      • HOA name: Waterway Cove HOA / CAM
      • HOA phone: 910-579-5163
      Location
      • Region: Ocean Isle Beach

      Financial & listing details

      • Price per square foot: $260/sqft
      • Tax assessed value: $589,910
      • Annual tax amount: $2,417
      • Date on market: 6/18/2026
      • Cumulative days on market: 63 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Paved

        Estimated market value

        $586,800

        $557,000 - $616,000

        $2,442/mo

        Price history

        DateEventPrice
        8/18/2026Price change$599,500-4.1%$260/sqft
        Source: Hive MLS #100582545 Report a problem
        6/18/2026Listed for sale$625,000+1%$271/sqft
        Source: Hive MLS #100582545 Report a problem
        12/4/2025Listing removed$619,000$269/sqft
        Source: Hive MLS #100535154 Report a problem
        10/25/2025Price change$619,000-3.1%$269/sqft
        Source: Hive MLS #100535154 Report a problem
        10/9/2025Listed for sale$639,000+17.2%$277/sqft
        Source: Hive MLS #100535154 Report a problem
        9/10/2025Listing removed$2,950$1/sqft
        Source: Zillow Rentals Report a problem
        8/18/2025Listed for rent$2,950+18%$1/sqft
        Source: Zillow Rentals Report a problem
        9/1/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/26/2023Price change$2,500-9.1%$1/sqft
        Source: Zillow Rentals Report a problem
        8/25/2023Price change$2,750-1.8%$1/sqft
        Source: Zillow Rentals Report a problem
        8/21/2023Listed for rent$2,800$1/sqft
        Source: Zillow Rentals Report a problem
        8/18/2023Sold$545,000-6.8%$237/sqft
        Source: Hive MLS #100352521 Report a problem
        7/14/2023Pending sale$585,000$254/sqft
        Source: Hive MLS #100352521 Report a problem
        6/12/2023Price change$585,000-2.3%$254/sqft
        Source: Hive MLS #100352521 Report a problem
        2/28/2023Price change$599,000-5.7%$260/sqft
        Source: Hive MLS #100352521 Report a problem
        11/21/2022Price change$635,000-3%$276/sqft
        Source: Hive MLS #100352521 Report a problem
        10/6/2022Listed for sale$654,900$284/sqft
        Source: Hive MLS #100352521 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,417 $589,910
        2024$2,417 $589,910
        2023$2,417 -4.1%$589,910 +34.9%
        2022$2,521 0%$437,370
        2021$2,521 +1.4%$437,370
        2020$2,486 $437,370
        2019-- $437,370 +608.3%
        2018-- $61,750
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28469

        Getting around

        18 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Union
        • Middle: Shallotte Middle
        • High: West Brunswick

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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