8042 Caratoke Hwy, Powells Point, NC 27966

Opportunity awaits at 8042 Caratoke Hwy, Powells Point, NC 27966. Just 5 miles from the foot of the Wright Memorial Bridge, this 3-bedroom, 1-bath brick home offers character, history, and plenty of potential for the right buyer. Whether you are looking for an investment opportunity, renovation project, or a home to restore and make your own, this property offers a great starting point. Originally built in 1910, the home includes a mid-1980s addition that expanded the living space with a large living room and brick wood-burning fireplace, adding both function and charm. With vintage appeal and solid bones, this property is ready for a new vision. The home is being sold as-is and will likely be best suited for cash buyers or buyers using renovation financing, as it may not qualify for traditional financing in its current condition. Important updates include a newer septic tank, electrical meter upgrade installed in 2019, and connection to city water. With a prominent location and plenty of upside, this Powells Point property presents a unique opportunity to restore, renovate, invest, or reimagine a historic home just minutes from the Outer Banks.