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.
Sold for $230,000
$230,000
503 Shady Banks Road, Washington, NC 27889
2beds
1,265sqft
Single Family Residence
Built in 1900
0.32 Acres Lot
$229,300 Zestimate®
$182/sqft
$1,238 Estimated rent
Home value
$229,300
Estimated sales range
Not available
$1,238/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 25, 2025 at 07:06am
Listed by:
Madelyn D'Olive 252-414-2807,
Grimes Real Estate Group
Bought with:
Johnnie Anderson, 299736
Anderson & Anderson Realty Group, LLC
Source: Hive MLS,MLS#: 100473748
Originating MLS: Coastal Plains Association of Realtors
Originating MLS: Coastal Plains Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Non Primary Living Area
Dining room
- Features: Formal
Heating
- Heat Pump, Zoned, Electric
Cooling
- Heat Pump, Zoned
Appliances
- Included: Electric Oven, Built-In Microwave, Refrigerator, Dishwasher
- Laundry: Dryer Hookup, Washer Hookup, In Kitchen
Features
- Walk-in Closet(s), Vaulted Ceiling(s), Ceiling Fan(s), Walk-In Closet(s)
- Attic: Access Only,Pull Down Stairs
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,265
- Total interior livable area: 1,265 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Attached, Unpaved
- Has attached garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch, Screened
- Fencing: None
- Has view: Yes
- View description: Canal, Water
- Has water view: Yes
- Water view: Canal,Water
- Waterfront features: Canal Front, Deeded Water Access, Water Access Comm
- Frontage type: Canal Front
Lot
- Size: 0.32 Acres
- Dimensions: .32
- Features: Deeded Water Access, Water Access Comm
Details
- Parcel number: 36941
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Shake Siding, Vinyl Siding
- Foundation: Brick/Mortar, Raised, Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Washington
- Subdivision: Shady Banks
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $230,000-3.8%$182/sqft |
Source:  Hive MLS #100473748 Report a problem | ||
| 7/20/2025 | Contingent | $239,000$189/sqft |
Source: Hive MLS #100473748 Report a problem | ||
| 7/8/2025 | Listed for sale | $239,000-4%$189/sqft |
Source: Hive MLS #100473748 Report a problem | ||
| 6/12/2025 | Contingent | $249,000$197/sqft |
Source: Hive MLS #100473748 Report a problem | ||
| 5/17/2025 | Price change | $249,000-3.9%$197/sqft |
Source: Hive MLS #100473748 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $192,992 +37.2% |
| 2024 | $1,000 +1.4% | $140,695 |
| 2023 | $986 +12.2% | $140,695 +39.1% |
Find assessor info on the county website
Neighborhood: River Road
Nearby schools
GreatSchools rating
- NAEastern ElementaryGrades: PK-1Distance: 4.3 mi
- 4/10P S Jones MiddleGrades: 6-8Distance: 5.9 mi
- 2/10Washington HighGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Eastern Elementary School
- Middle: P.S. Jones Middle School
- High: Washington High School
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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