Spectacular Neuse River Waterfront Home with Elevator, Private Dock & Panoramic Water Views
Experience coastal living at its finest in this exceptional waterfront residence offering over 3,300 square feet of thoughtfully designed living space. ASK ABOUT THE 2.5% ASSUMABLE VA LOAN. This impressive home features 3 bedrooms, 3.5 baths, plus two additional rooms with closets that have been ideal as guest accommodations, a home office, exercise room, or hobby space.
From the moment you arrive, the home's striking curb appeal sets the stage for the quality found throughout. The ground level offers an oversized garage with abundant workshop space, along with the convenience of both a permanent interior staircase and a private elevator providing effortless access.
The main living floor is designed for both everyday comfort and elegant entertaining. The chef's kitchen showcases premium, high-end appliances, an eye-catching inlaid tile backsplash, and an eat-at bar. The adjoining living area is warm and inviting, while the luxurious primary suite serves as a private retreat featuring an on-suite bath with a walk-in tiled shower and generous walk-in closet. A convenient half bath and oversized laundry room complete this level.
The second floor offers two guest bedrooms, two full bathrooms, and two versatile bonus rooms that can easily accommodate overnight guests, a home office, fitness room, or craft space.
The third floor is an entertainer's dream. Here you'll discover an expansive recreation room featuring a beautiful bar, a comfortable gathering area, an adjoining sitting room, and a large walk-in storage room. Whether hosting friends for game day, enjoying gatherings, or relaxing after a day on the water, this incredible space is sure to become a favorite.
Outdoor living is equally impressive with expansive covered porches on both the second and third levels, capturing breathtaking, miles-wide waterviews. From these elevated vantage points, you'll enjoy unforgettable sunrises, spectacular sunsets, and front-row seats to the Minnesot Ferry, the MCAS Cherry Point Air Show, Friday night fireworks from Camp Seafarer, and even the Camp Don Lee hayrides as they pass along the shoreline.
Water enthusiasts will appreciate the outstanding waterfront improvements, including a concrete dock with sitting area, covered boat lift, personal watercraft lift, canoe and kayak launch, fish-cleaning station, and flagpole--everything needed to fully embrace the waterfront lifestyle.
Situated on an efficiently sized homesite, this property offers low-maintenance living, allowing more time to enjoy boating, fishing, kayaking, and all that the Neuse River has to offer. Despite the smaller lot, the surrounding large tracts of farmland create an open, peaceful setting that feels remarkably spacious and private.
This is more than a home--it's a waterfront lifestyle unlike any other.
For sale
$850,000
481 River Road, Arapahoe, NC 28510
3beds
3,306sqft
Single Family Residence
Built in 2009
6,534 Square Feet Lot
$811,700 Zestimate®
$257/sqft
$-- HOA
What's special
- 73 days
- 1,252
- 89
Zillow last checked:
Listing updated:
Listed by:
THE TYSON GROUP STEVE & JANA 252-675-9595,
TYSON GROUP, REALTORS
Source: Hive MLS,MLS#: 100584618
Originating MLS: Neuse River Region Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Master Bedroom, Bathroom 1, Laundry, Living Room, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 4, Bonus Room, Den, Media Room
Primary bedroom
- Level: Main
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Bathroom 1
- Level: Main
Bathroom 2
- Level: Second
Bathroom 3
- Level: Second
Bonus room
- Level: Second
Den
- Level: Second
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Media room
- Level: Third
Heating
- Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Electric Oven, See Remarks, Refrigerator, Range, Dishwasher
Features
- Walk-in Closet(s), Solid Surface, Ceiling Fan(s), Elevator, Walk-in Shower, Wet Bar, Blinds/Shades, Eat-in Kitchen, Walk-In Closet(s)
- Flooring: LVT/LVP, Ceramic Tile, Hardwood
- Doors: Storm Door(s)
- Basement: See Remarks
- Attic: Partially Floored,Walk-In
- Has fireplace: No
Interior area
- Total structure area: 3,306
- Total interior livable area: 3,306 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Patio & porch: Covered, Porch, See Remarks, Balcony, Front Porch
- Exterior features: Storm Doors
- Fencing: Back Yard,None
- Has view: Yes
- View description: River, Water
- Has water view: Yes
- Water view: River,Water
- Waterfront features: Pier, Boat Lift, Deeded Water Access, Deeded Water Rights, Waterfront
- Frontage type: River
Lot
- Size: 6,534 Square Feet
- Features: See Remarks, Boat Slip, Boat Dock, Boat Lift, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Navigable Water, Pier
Details
- Parcel number: G10129
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Other, Raised, Pilings
- Roof: Metal
Condition
- New construction: No
- Year built: 2009
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: New Bern
Financial & listing details
- Price per square foot: $257/sqft
- Tax assessed value: $500,740
- Annual tax amount: $1,469
- Date on market: 6/26/2026
- Cumulative days on market: 73 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,See Remarks
- Road surface type: Paved
Estimated market value
$811,700
$771,000 - $852,000
$2,571/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $850,000+325%$257/sqft |
Source: | ||
| 10/8/2008 | Sold | $200,000$60/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,782 | $256,433 |
| 2024 | $1,782 +3% | $256,433 |
| 2023 | $1,731 +1.5% | $256,433 |
| 2022 | $1,705 | $256,433 |
| 2021 | $1,705 | $256,433 |
| 2020 | $1,705 +37.7% | $256,433 +37.7% |
| 2019 | $1,238 +1.2% | $186,185 |
| 2018 | $1,224 -16.3% | -- |
| 2017 | $1,462 -0.5% | -- |
| 2016 | $1,469 +0.9% | -- |
| 2015 | $1,456 +19% | $186,185 |
| 2014 | $1,224 | $186,185 |
| 2013 | $1,224 | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28510
Nearby schools
Schools provided by the listing agent
- Elementary: Pamlico County Primary
- Middle: Pamlico County
- High: Pamlico County
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




