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$239,000

503 Shady Banks Rd Washington, NC 27889

2 beds
1 full
1,265 sqft
0.3 acres
$189 / sqft
House

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

Home typeSingle Family Residence
HeatingHeat Pump, Zoned
StatusActive
CoolingHeat Pump, Zoned
Size1,265 sqft
Lot size0.32 Acres
Year built1900
ParkingAttached, Unpaved, Garage Faces Front, Dirt
MLS #100473748
Attached garage2 spaces
WaterfrontWater Access

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

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

16%
<35k
45%
35k-100k
28%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
6%
Single, with Kids
39%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
12%
18-34 yrs old
46%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dollar GeneralDollar General
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • ArbysArbys

What do the neighbors drive?

  • LincolnLincoln
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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