Discover a rare and exceptional investment opportunity with this expansive waterfront property overlooking Wards Creek. Featuring two separate homes and generous acreage, this versatile estate offers endless possibilities—whether you envision a family compound, are seeking a profitable rental venture, or are interested in future development. The main residence is a classic brick ranch boasting three spacious bedrooms and two full baths, all enhanced by amazing views of the creek. Although the home needs some TLC, the potential for creating your dream waterfront retreat is undeniable. The second home provides two bedrooms and one bath, making it ideal for extended family, guests, or an income-producing rental. Both dwellings are set amid wide-open spaces, offering a peaceful and private environment perfect for gardening, recreation, or thoughtful expansion. With its stunning waterfront setting, low-maintenance construction, and ample acreage for future growth, this property stands out as a truly beautiful and potentially lucrative investment. Don't miss your chance to secure this remarkable slice of waterfront living that's located just a short drive to Beaufort's Waterfront! Schedule your private showing today.
Sold for $575,000
$575,000
268 Highway 70 Otway, Beaufort, NC 28516
3beds
1,820sqft
Single Family Residence
Built in 1976
9.39 Acres Lot
$642,900 Zestimate®
$316/sqft
$3,025 Estimated rent
Home value
$642,900
$553,000 - $746,000
$3,025/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Barefoot Chandler Group Team 252-222-4663,
Barefoot-Chandler & Associates
Bought with:
Barefoot Chandler Group Team, 230527
Barefoot-Chandler & Associates
Source: Hive MLS,MLS#: 100487279
Originating MLS: Carteret County Association of Realtors
Originating MLS: Carteret County Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Primary Living Area
Dining room
- Features: Combination
Heating
- Heat Pump, Electric
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Cooktop, Dishwasher
- Laundry: Laundry Room
Features
- Walk-in Closet(s), Entrance Foyer, Ceiling Fan(s), Pantry, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Basement: None
- Attic: Partially Floored,Permanent Stairs,See Remarks
Interior area
- Total structure area: 1,820
- Total interior livable area: 1,820 sqft
Property
Parking
- Total spaces: 2
- Parking features: Shared Driveway, Garage Faces Side, Paved
Features
- Levels: One
- Stories: 1
- Patio & porch: Open, Covered, Patio, Porch, Screened
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Creek/Stream, Water
- Has water view: Yes
- Water view: Creek/Stream,Water
- Waterfront features: None
- Frontage type: Creek
Lot
- Size: 9.39 Acres
Details
- Parcel number: 733803034136000
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Beaufort
Financial & listing details
- Price per square foot: $316/sqft
- Tax assessed value: $567,161
- Annual tax amount: $1,616
- Date on market: 7/12/2025
- Cumulative days on market: 97 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2025 | Sold | $575,000-32.3%$316/sqft |
Source:  Hive MLS #100487279 Report a problem | ||
| 5/13/2025 | Contingent | $849,000$466/sqft |
Source: Hive MLS #100487279 Report a problem | ||
| 2/6/2025 | Listed for sale | $849,000$466/sqft |
Source: Hive MLS #100487279 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,616 -29.7% | $427,746 +4.9% |
| 2024 | $2,300 -3.1% | $407,741 |
| 2023 | $2,374 +7.4% | $407,741 |
| 2022 | $2,211 +3.8% | $407,741 +1.2% |
| 2021 | $2,129 -0.4% | $402,852 -1.2% |
| 2020 | $2,137 +38.8% | $407,741 +38.3% |
| 2019 | $1,540 | $294,762 |
| 2017 | $1,540 +2% | $294,762 |
| 2016 | $1,509 | $294,762 |
| 2015 | $1,509 +7.5% | $294,762 -3% |
| 2014 | $1,404 | $303,887 |
| 2013 | -- | $303,887 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | $345,016 |
| 2009 | -- | $345,016 |
Find assessor info on the county website
Neighborhood: 28516
Nearby homes
- $332,4003 bd1 ba1.6k sqft292 Highway 70, Beaufort, NC 28516Off Market
- $221,5403 bd1 ba1.2k sqft292 Highway 70, Beaufort, NC 28516Off Market
- $288,4002 bd1 ba1k sqft276 Highway 70, Beaufort, NC 28516Off Market
- $238,9893 bd2 ba1.5k sqft302 Highway 70, Beaufort, NC 28516Off Market
- $749,9003 bd2 ba1.1k sqft224 Highway 70, Beaufort, NC 28516Sold
- $350,0003 bd1 ba1.8k sqft320 Highway 70, Beaufort, NC 28516Sold
- $350,0003 bd2 ba1.8k sqft320 Highway 70, Beaufort, NC 28516Sold
- $248,5003 bd2 ba1.8k sqft279 Highway 70, Beaufort, NC 28516Off Market
Nearby schools
GreatSchools rating
- 7/10Harkers Island Elementary SchoolGrades: K-5Distance: 5.9 mi
- 5/10Smyrna Elementary SchoolGrades: PK-8Distance: 2.5 mi
- 8/10East Carteret High SchoolGrades: 9-12Distance: 4.1 mi
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.
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Estimated market value
$642,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$642,900
- North Carolina
- Carteret County
- Beaufort
- 28516
- 268 Highway 70 Otway
Nearby cities
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Other Beaufort Topics
