Property listing for 135 Waterway Dr, Havelock, NC 28532
ActiveSingle Family Home

$1,200,000

135 Waterway Dr, Havelock, NC 28532

Private Deep-Water Home on Adams Creek with 190' Dock

3 Bed · 3.5 Bath · 3,224 Sq Ft

Turnkey waterfront living with two boat lifts and gazebo.

3

Beds

3.5

Baths

3,224

Sq Ft

2007

Built

1.14 acres

Lot

Not listed / confirm on site

Garage

About 135 Waterway Dr

This Fulshire Plantation residence pairs substantial indoor living with a rare, ready-to-use waterfront setup. Sitting on 1.14 acres of Adams Creek frontage, the home (3,224 sf) was designed to celebrate the water: the kitchen, breakfast area and great room align across the rear to deliver sweeping creek views, while the primary suite has private access to a large concrete screened porch overlooking the creek. Practical luxury shows in the details — built-in maple cabinetry in the office, crown molding throughout main living areas, granite counters, stainless appliances, a gas cooktop and built-in double ovens — all arranged to support both daily life and coastal entertaining.

The waterfront improvements are the defining feature: a reinforced bulkhead shores the property, and an approximately 190-foot private dock reaches into the widest part of Adams Creek and the ICW, terminating in a charming gazebo. The dock is equipped with two boat lifts (one rated at 10,000 lbs, one at 5,000 lbs), making this property immediately usable for large boats and multiple-vessel owners. The living room includes a striking fireplace faced in black cultured marble with flanking built-ins — a warm focal point after a day on the water.

Upstairs, a carpeted bonus room creates flexible space for media, a game room, or guests. The main level also features two additional bedrooms (one with water views), and the primary en-suite includes double sinks, a walk-in shower, private water closet and dual walk-in closets. Outside, the generous yard and dock/Gazebo compound deliver private coastal recreation — shrimping, fishing, dolphin watching and stress-free boating access to the ICW.

This listing is well-suited for buyers who want a turnkey waterfront lifestyle: boaters, military families stationed at nearby MCAS Cherry Point, or buyers relocating from larger NC metros for a coastal base. Confirmations during due diligence should include dock/bulkhead permits, lift service history, and flood insurance requirements. The property is offered at $1,200,000 and presents a rare combination of elevated waterfront improvements and inland comfort.

Home Highlights

190' private dock with gazeboTwo heavy-duty boat lifts (10k and 5k lbs)Reinforced bulkhead for shoreline protectionPrimary suite with private screened concrete porch3,224 sf on 1.14 waterfront acres

Property Features

Interior Features

  • 3,224 sf finished living area
  • Office with full wall maple built-ins
  • Formal dining room
  • Great room with fireplace and built-in shelving
  • Kitchen with granite countertops, center island, stainless appliances, gas cooktop, built-in double ovens
  • Primary suite with en-suite bath and dual walk-in closets
  • Upstairs carpeted bonus room

Exterior & Lot

  • 1.14-acre waterfront lot on Adams Creek / ICW
  • Reinforced bulkhead
  • Approx. 190-foot private dock with gazebo
  • Two boat lifts (10,000 lb and 5,000 lb)
  • Large concrete screened porch off primary suite
  • Mature coastal landscaping

Location & Neighborhood

  • Fulshire Plantation waterfront community
  • Approx. 3–5 miles to MCAS Cherry Point
  • Approx. 12–15 miles to New Bern for shopping and dining
  • Quiet residential street setting

Walkability & Recreation

  • Walkability Rating: 28/100
  • Recreation & Boating Score: 90/100
  • Direct access to fishing, shrimping grounds, and ICW boating

Neighborhood & Location

Fulshire Plantation is a mature waterfront neighborhood along Adams Creek favored by boaters and buyers seeking immediate access to the Intracoastal Waterway. The community mixes full-time residents and military families connected to MCAS Cherry Point; streets are residential and low-traffic, with a coastal, relaxed character and sizable lots compared with denser inland subdivisions.

Market Insights

Havelock’s waterfront segment is a distinct micro-market within the New Bern MSA. Inventory of well-equipped, private-dock properties is limited, which supports a pricing premium for turnkey boating infrastructure. Buyer demand is steady and driven by military personnel at Cherry Point, local professionals and second-home purchasers seeking immediate water access. Median local home prices are lower than this listing’s price, but waterfront comparables trend higher — expect longer marketing windows versus entry-level housing, but also a tighter competitive set. In the current environment (moderate appreciation and modest inventory), a properly marketed waterfront home with heavy-lift dock equipment will attract motivated, qualified buyers and can command offers near list when condition and permits are documented.

Nearby Schools

Havelock Elementary School

Elementary · 1.5 mi

6/10

Havelock Middle School

Middle · 2.5 mi

5/10

Havelock High School

High · 3.0 mi

6/10

Walkability & Recreation

28
Walkability
90
Recreation

Excellent boating and fishing access with a private deep-water dock and gazebo; immediate access to Adams Creek and Intracoastal Waterway for year-round recreation.

Investment Highlights

  • Private deep-water access to Adams Creek/Intracoastal with 190' dock and gazebo
  • Two heavy-duty boat lifts (10,000 lb and 5,000 lb) — ready for multiple vessels
  • Generous lot (1.14 acres) with reinforced bulkhead providing shoreline protection
  • Well-appointed interior with office, formal dining, screened concrete porch, and upstairs bonus room
  • Close proximity to MCAS Cherry Point and New Bern amenities

Key Findings

  • List price: $1,200,000; AVM ~ $1,195,016
  • 3 bedrooms, 3.5 baths, 3,224 sqft; built 2007
  • Unique selling features are waterfront infrastructure (dock, lifts, bulkhead)
  • Located in Fulshire Plantation on Adams Creek with deep water access to the ICW
  • Days on market: 6 (indicates early market interest)

Things to Consider

  • Coastal exposure increases long-term maintenance (bulkhead/dock, exterior finishes)
  • Potential flood insurance costs and flood-zone regulations — verify elevation certificate
  • Confirm permitted status and service history of boat lifts and dock

Opportunity Analysis

Acquire a turnkey waterfront residence with immediate deep-water access that captures both lifestyle demand and a niche premium for heavy-lift docking infrastructure; limited similar inventory supports long-term value retention.

Potential Use Scenarios

  • Target active boat-owning buyers and military officers stationed at Cherry Point for direct marketing.
  • If investor: consider seasonal / high-end short-term rentals (confirm local rules) or lease to military families requiring temporary housing.
  • During due diligence: obtain dock/bulkhead permits, lift service records, and FIRM flood map/elevation certificate.

Risk Factors

  • Sea-level rise and storm surge risk increases insurance and maintenance costs over time.
  • Specialized marine infrastructure can be costly to repair if in disrepair.
  • Higher price sensitivity in narrower waterfront buyer pool during broad market downturns.

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1080K

Midpoint

$1200K

High

$1320K

$372/SF estimated price per square foot

70% confidence

Estimate anchored to the current list price and AVM, adjusted for size, waterfront improvements (bulkhead, 190' dock, two boat lifts), and local coastal/waterfront premium. No live comps search was performed.

As of 2026-03-14

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$350,000
Avg Days on Market60 days
Inventory4 months
1-Year Appreciation+300.0%

Demographics

Population (1 mi)4,500
Median Income (1 mi)$58,000

Havelock growth linked to military (Cherry Point) employment, retirees attracted to coastal amenities, and modest in-migration. Local income and population growth moderate compared with larger NC metros.

Nearby Points of Interest

  • MCAS Cherry Point (approx 3-5 mi)
  • New Bern historic downtown (approx 12-15 mi)

Property fronts Adams Creek/Intracoastal Waterway with direct deep-water access. Nearby points include local marinas, boating facilities, shoreline parks and the Croatan National Forest within a short drive. Dining and services concentrated along US-70 and in Havelock and New Bern.

School District

DistrictCraven County Schools
ElementaryHavelock Elementary School (approx 1-3 mi) — rating estimate 6/10
MiddleHavelock Middle School (approx 2-4 mi) — rating estimate 5/10
HighHavelock High School (approx 2-4 mi) — rating estimate 6/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2007
Constructionwood frame (typical coastal residential construction) - estimated
Stories2
Basementnone
FireplaceYes
Conditiongood

Lot & Site

Lot Size1.14 acres (49,658 SF)
Topographylevel
FrontageApproximately 190' private dock frontage on Adams Creek / Intracoastal Waterway

Utilities

Zoning & Land Use

DescriptionLikely single-family residential waterfront zoning (R-1 or similar) — estimated
JurisdictionCraven County / City of Havelock (verify local zoning)

Allowed Uses

Single family residentialAccessory structures and docks subject to local permitting and coastal regulations
Current Useresidential

Tax & Sale History

Tax Assessment

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