Discover the charm, comfort, and versatility of this beautifully updated coastal cottage--an inviting retreat ideal as a permanent residence, weekend getaway, or rental investment. Thoughtfully refreshed throughout, the home offers a bright, open living area, a stylish kitchen with soft green cabinetry and farmhouse sink, warm wood flooring, and relaxed coastal finishes that create an easy, welcoming atmosphere.
Enjoy peaceful mornings on the covered front porch, unwind in the comfortable living space, or take advantage of the spacious yard for outdoor entertaining, pets, gardening, or future enhancements. The move-in-ready condition make this property especially appealing for buyers seeking a low-maintenance coastal lifestyle or an investment with strong guest appeal.
A standout advantage is the home's updated 2024 effective year-built designation. The seller reports that this change has resulted in thousands of dollars in homeowners' insurance savings--an uncommon benefit among area properties that are not newly constructed. Insurance rates and eligibility vary, so buyers should confirm available savings with their provider.
Whether you envision a full-time coastal home, a personal escape, or an income-producing rental, this delightful cottage offers a rare combination of character, modern updates, affordability, and potential. Come see why this coastal cottage could be your next big opportunity.
Under contract
Price cut: $10K (7/7)
$310,000
177 Otway Farm Road, Beaufort, NC 28516
2beds
1,011sqft
Single Family Residence
Built in 1939
0.3 Acres Lot
$302,500 Zestimate®
$307/sqft
$-- HOA
What's special
Covered front porchRelaxed coastal finishesWarm wood flooring
- 122 days
- 125
- 2
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Holland Shepard Group Team 252-504-2400,
Keller Williams Crystal Coast
Source: Hive MLS,MLS#: 100577148
Originating MLS: Carteret County Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room, Bedroom 1, Bedroom 2
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Oven, Washer, Refrigerator, Range, Dryer, Dishwasher, Electric Range
- Laundry: Dryer Hookup, Washer Hookup, Laundry Room
Features
- Master Downstairs, Ceiling Fan(s), Blinds/Shades
- Flooring: LVT/LVP
- Windows: Thermal Windows
- Basement: None
- Attic: Access Only
- Has fireplace: No
Interior area
- Total structure area: 1,011
- Total interior livable area: 1,011 sqft
Property
Parking
- Parking features: Concrete, On Site
Features
- Levels: One
- Patio & porch: Open, Covered, Deck, Porch
- Fencing: Metal/Ornamental
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
Lot
- Size: 0.3 Acres
- Dimensions: 75 x 179 x 75 x 179
Details
- Additional structures: Shed(s)
- Parcel number: 733803309182000
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Other
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Beaufort
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $59,687
- Annual tax amount: $420
- Date on market: 5/28/2026
- Cumulative days on market: 123 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$302,500
$287,000 - $318,000
$2,064/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Contingent | $310,000$307/sqft |
Source: | ||
| 7/7/2026 | Price change | $310,000-3.1%$307/sqft |
Source: | ||
| 6/18/2026 | Price change | $320,000-1.5%$317/sqft |
Source: | ||
| 5/28/2026 | Price change | $325,000+1.9%$321/sqft |
Source: | ||
| 4/21/2026 | Listed for sale | $319,000+1.3%$316/sqft |
Source: Owner Report a problem | ||
| 3/20/2026 | Sold | $315,000$312/sqft |
Source: | ||
| 2/16/2026 | Contingent | $315,000$312/sqft |
Source: | ||
| 2/4/2026 | Listed for sale | $315,000-3.1%$312/sqft |
Source: | ||
| 11/16/2025 | Listing removed | $325,000$321/sqft |
Source: | ||
| 10/6/2025 | Listed for sale | $325,000$321/sqft |
Source: | ||
| 9/22/2025 | Contingent | $325,000$321/sqft |
Source: | ||
| 8/18/2025 | Price change | $325,000-1.5%$321/sqft |
Source: | ||
| 7/2/2025 | Price change | $330,000-4.3%$326/sqft |
Source: | ||
| 5/29/2025 | Price change | $345,000-1.4%$341/sqft |
Source: | ||
| 3/27/2025 | Listed for sale | $350,000+326.8%$346/sqft |
Source: | ||
| 2/8/2024 | Sold | $82,000-31.1%$81/sqft |
Source: | ||
| 1/18/2024 | Pending sale | $119,000$118/sqft |
Source: | ||
| 1/18/2024 | Listed for sale | $119,000$118/sqft |
Source: | ||
| 12/6/2023 | Listing removed | -- |
Source: | ||
| 11/2/2023 | Listed for sale | $119,000$118/sqft |
Source: | ||
| 10/26/2023 | Listing removed | -- |
Source: | ||
| 10/24/2023 | Listed for sale | $119,000$118/sqft |
Source: | ||
| 10/16/2023 | Listing removed | -- |
Source: | ||
| 10/15/2023 | Listed for sale | $119,000+120.4%$118/sqft |
Source: | ||
| 4/19/2012 | Sold | $54,000+20%$53/sqft |
Source: Agent Provided Report a problem | ||
| 1/25/2012 | Price change | $45,000+4.6%$45/sqft |
Source: Homepath #12-354 Report a problem | ||
| 1/20/2012 | Listed for sale | -- |
Source: Homepath #12-354 Report a problem | ||
| 9/20/2011 | Sold | $43,011$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $681 +62% | $164,234 +175.2% |
| 2024 | $420 -15% | $59,687 |
| 2023 | $494 +5.1% | $59,687 |
| 2022 | $470 +2.6% | $59,687 +1.5% |
| 2021 | $459 -1.7% | $58,802 -1.5% |
| 2020 | $467 -6.1% | $59,687 -13.3% |
| 2019 | $497 | $68,837 |
| 2017 | $497 +2.1% | $68,837 |
| 2016 | $486 | $68,837 |
| 2015 | $486 +5.2% | $68,837 +20.6% |
| 2014 | $462 | $57,072 |
| 2013 | -- | $57,072 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | $89,439 |
| 2009 | -- | $89,439 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28516
Nearby schools
Schools provided by the listing agent
- Elementary: Harkers Island
- Middle: Down East
- High: East Carteret
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




