#100513049, Listing office: Coldwell Banker Sea Coast Advantage - Washington
503 Shady Banks Rd Washington, NC 27889
Property details
About 503 Shady Banks Rd
Tucked along a peaceful canal, this elevated cottage is full of charm, thoughtful upgrades, and exciting potential. With 2 bedrooms, 1 bathroom, and spanning 1,265 square feet, this property is a rare opportunity to create your dream waterfront retreat.Originally 750 sq ft, the home was lifted and extended to include a spacious primary suite and two garages below -- perfect for boat storage, a workshop, or added flexibility. The en suite primary bath is ready for your finishing touches, as the plumbing has already been roughed in -- giving you the opportunity to design the space exactly how you want it and easily convert the home into a 2-bed, 2-bath!Whether you're looking for a weekend escape, short-term rental, or a peaceful full-time residence, this canal-front property delivers on location and possibility. Enjoy the perks of a waterfront community, as you can launch your boat just down the street at the private community ramp, and reach the Washington Waterfront in under 15 minutes.Don't miss this second chance to transform a special setting into your perfect coastal getaway -- schedule your showing today!Back on the market due to no fault of the sellers. Property is located in AE flood zone.
Highlights
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Microwave, Refrigerator, Dishwasher, Electric Oven
- Interior: Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: None
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Unpaved, Garage Faces Front, Dirt
- Waterfront: Water Access
- Heating: Heat Pump, Zoned
- Cooling: Heat Pump, Zoned
- List Price: $239,000
- Price/SqFt: $188
- Annual Tax Amount: $1,188
- Tax Year: 2024
- Directions: Coming from over the bridge on Bridge St., turn right onto W. 3rd st., continue onto NC-32 N/Park Dr. and onto River Rd, then turn right onto Shady Banks Rd. Continue and the home will be on your left hand side after passing the canal. If you make it to the stop sign, you have gone too far.
- Year Built: 1900
- Stories: 2
- Living Area: 1,265 SqFt
- Lot Size: 0.32 Acres
- MLS Number: 100473748
- Office Name: Grimes Real Estate Group
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Last updated on: 7/17/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $140,695 | $1,188 |
2023 | $140,695 | $1,166 |
2022 | $140,695 | $1,161 |
2021 | $101,157 | $879 |
2020 | $62,606 | $610 |
2018 | $62,606 | $- |
History based on county public records data.
Nearby schools
10
Chocowinity Primary School
Public District PK-4
6.0 mi
•606 Gray Rd
3
John C. TayloeElementary School
Public District 2-3
6.1 mi
•910 Tarboro St
2
John Small Elementary School
Public District 4-5
7.7 mi
•4103 Market Street Ext
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $81,162. The most common annual income of people living in Washington, NC is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 503 Shady Banks Rd
The listing price of 503 Shady Banks Rd property is $239,000.
The property 503 Shady Banks Rd is a house located in Washington, North Carolina, 27889.
Active Listing: 503 Shady Banks Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 503 Shady Banks Rd are: Chocowinity Primary School (GreatSchools Rating 10/10), John C. TayloeElementary School (GreatSchools Rating 3/10), John Small Elementary School (GreatSchools Rating 2/10), Chocowinity Middle School (GreatSchools Rating 3/10), P. S. Jones Middle School (GreatSchools Rating 2/10), Bath Elementary School (GreatSchools Rating 6/10), Beaufort County Early College High School (GreatSchools Rating 10/10), Washington Montessori (GreatSchools Rating 5/10), Washington High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,188 (source: MLS/based on county public records data).
The property at 503 Shady Banks Rd has 2 bedrooms and 1 bathroom.
The property 503 Shady Banks Rd is 1,265 SqFt (source: MLS/tax record).
The year of construction for 503 Shady Banks Rd is 1900.
This home is located at 503 Shady Banks Rd in Washington, NC and zip code 27889. This 1,265 square foot home, which was built in 1900, sits on a 0.32 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $239,000.
Washington, NC housing market in June 2025 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 17 sold below. In June 2025 in Washington, NC there were 9% more homes for sale than in May. In June 2025 median list price was $285,000 and the average listing age was 56 days.