$759,300

525 S Hwy 64/264 Manteo, NC 27954

4.6 acres
Land

Property details

About 525 S Hwy 64/264

WATERFRONT DEVELOPMENT OPPORTUNITY! A LARGE PORTION IN X FLOOD ZONE Approximately 4.64 acres of waterfront commercial real estate located on the primary highway in Manteo, between Darrells Restaurant and the Christmas Shop. 321 feet of road frontage offers great visibility on the high traffic corridor of Roanoke Island. The parcel has been cleared except for the original parking lot, that is in an X flood zone, which overlooks Shallowbag Bay and the salt marshes.. Proformas have been prepared for a 40 and 60 room inn, also a previous buyer proposed 90 motel that appeared to fit the site. A mixed use project with commercial on the first floor and residential on the second and third floors should do well in the location. The parcel includes approximatEly 74,791 sqft of buildable uplands(subject to verification), 1000' of canal frontage leading out to Shallowbag Bay, and 127' of sound frontage! ENDLESS OPPORTUNITIES Other needs for the area are townhomes, multifamily, or single family homes(SKETCH PLAN ON FILE FOR 8 SINGLE FAMILY LOTS) all of which could have access to the sound through the existing canal that adjoins the property.

Highlights

Home typeBusiness
StatusAccepting Backup Offers
((30) Under Contract - Under Contract)
Lot size4.64 Acres
MLS #117328
ViewCanal, Sound

Summary

  • View: Canal, Sound
  • List Price: $759,300
  • Lot: Waterfront, Cleared
  • Lot Size: 4.64 Acres
  • MLS Number: 117328
  • MLS Name: OuterBanks
  • Office Name: Harrell & Associates
  • Office Email: bharrell@harrellandassociates.com
  • Listing Agent: Bobby Harrell
  • Agent Email: bharrell@harrellandassociates.com

Information is provided by Outer Banks Association of REALTORS®, Inc. Multiple Listing Service. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Outer Banks Association of REALTORS®, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/13/2025, 5:15:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$759,300

525 S Hwy 64/264

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Price information

Property sales

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Tax history

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Nearby schools

7

Manteo Elementary School

Public District PK-5

0.3 mi

701 N Hwy 64/264

6

Nags Head Elementary School

Public District PK-5

4.7 mi

3100 S Wrightsville Ave

4

First Flight Elementary School

Public District PK-5

6.4 mi

107 Veterans Dr

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 $40,638. Typical income of Manteo, NC residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

44%
<35k
47%
35k-100k
7%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

35%
Single, No Kids
19%
Single, with Kids
23%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • MotocrossMotocross

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • GameStopGameStop

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • JeepJeep

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 525 S Hwy 64/264

The listing price of 525 S Hwy 64/264 property is $759,300.

The property 525 S Hwy 64/264 is land located in Manteo, North Carolina, 27954.

Accepting Backup Offers: 525 S Hwy 64/264 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 525 S Hwy 64/264 are: Manteo Elementary School (GreatSchools Rating 7/10), Nags Head Elementary School (GreatSchools Rating 6/10), First Flight Elementary School (GreatSchools Rating 4/10), Manteo Middle School (GreatSchools Rating 7/10), First Flight Middle School (GreatSchools Rating 8/10), Manteo High School (GreatSchools Rating 7/10), Dare Learning Academy (GreatSchools Rating 2/10), First Flight High School (GreatSchools Rating 8/10).

The property 525 S Hwy 64/264 is 4.64 acres.

This home is located at 525 S Hwy 64/264 in Manteo, NC and zip code 27954. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $759,300.

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

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