525 Highway 64
Under Contract
Under Contract
Description
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...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.
- Listed by Bobby Harrell • Harrell & AssociatesC: (252)-473-7804 bharrell@harrellandassociates.com
- Listed by Tess Harrell • Harrell & AssociatesC: (252)-423-0117 tess@harrellandassociates.com
Property Details for 525 Highway 64
Property Details for 525 Highway 64
| Status | Under Contract |
|---|---|
| MLS # | 117328 |
| Days on Market | 847 |
| Taxes | $5,376 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land / Commercial |
| Year Built | - |
| Lot Size | 4.64 AC |
| County | Dare County |
Location
Building Information for 525 Highway 64
Payment Calculator
$4,426 per month
30 year fixed, 6.845% Interest
$3,978
$448
$0
Property Information for 525 Highway 64
- Latitude: 35.9119
- Longitude: -75.6791
- Subdivision Name: None
- Water Frontage: 127
- Street Frontage: 321
- Tax Annual Amount: $5,376.42
- Tax Year: 2022
- Assoc Fee Y Or N Or Voluntary: No - Restrictive Covenants May Apply
- HOA Contact Name: none
- HOA Contact Info Recom: none
- Lot Features: Waterfront, Cleared, Filled
- Lot Size Acres: 4.64
- Lot Size Square Feet: 202118.0
- Road Surface Type: Public, Paved
- Ownership: Owned More than 12 Months
- Property Sub Type: Commercial
- Property Type: Land
- Deed Book: 2180
- Deed Book Pg Number: 0550
- Bank Or Institution Owned: No
- Lot Faces N or E or W or S: E, W
- Pin Number: 978907688400
- Headline: COMMERCIAL WATERFRONT X FLOOD
- Documents Available: Land Survey, Recorded Plat
- Property Flood Zone: AE,X
- Sewer: Public Sewer
- Water Source: Public
- Electric: Available
- Listing Id: 117328
- Sale Or Rent: S
- Estimated Annual Fee Amt: 0
Property History for 525 Highway 64
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 5, 2025 | Pending Outer Banks Association of REALTORS #117328 | — | |
| May 5, 2025 | Listed (Active) Outer Banks Association of REALTORS #117328 | — | |
| May 5, 2025 | Price Change Outer Banks Association of REALTORS #117328 | $759,300 | — |
| Aug 10, 2024 | Pending Outer Banks Association of REALTORS #117328 | — | |
| Jan 16, 2022 | Listed (Active) Outer Banks Association of REALTORS #117328 | $749,500 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/05/2025 | Pending Outer Banks Association of REALTORS #117328 | — |
| 05/05/2025 | Listed (Active) Outer Banks Association of REALTORS #117328 | — |
| 05/05/2025 | Price Change Outer Banks Association of REALTORS #117328 | $759,300 |
| 08/10/2024 | Pending Outer Banks Association of REALTORS #117328 | — |
| 01/16/2022 | Listed (Active) Outer Banks Association of REALTORS #117328 | $749,500 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 525 Highway 64
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Manteo Elementary School PublicPK to 5 | ||
Manteo Middle School Public6 to 8 | ||
Manteo High School Public9 to 12 | ||
Dare Learning Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Harrell & Associates
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 05/06/2025 04:33 PM. 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 Compass 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. © 2025 Hive MLS