Homes/North Carolina/Havelock/135 Waterway Dr
CompCasa Property Analysis · single_family

135 Waterway Dr

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

Turnkey waterfront living with two boat lifts and gazebo.

3 beds3.5 baths3,224 sq ftBuilt 20071.14 acres
CompCasa valuation analysis
Estimated market value
$1,200,000
Low $1,080,000 · Midpoint $1,200,000 · High $1,320,000
Confidence70%Sales comparison approach
CompCasa estimate$1,200,000Mar 14, 2026
$1,080,000$1,200,000 midpoint$1,320,000
Price / sq ft$372
Median sale price$350,000
Avg days on market60 days
Inventory4 months

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.

About the property

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

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$1,150,000
Property addressComparable (illustrative) - Adams Creek area
Sold Aug 1, 2025
Research comparison noteWaterfront home with dock but smaller dock lifts; used as illustration — not a live-data comp.
02Sold price$1,325,000
Property addressComparable (illustrative) - Fulshire Plantation nearby
Sold Oct 15, 2024
Research comparison noteLarger footprint with updated finish; included to show upper-end of submarket.
Comp methodology: No live comparable sales search available — comps provided are illustrative and based on general market knowledge of Havelock/New Bern waterfront sales.
Property details

A 2007 single family on 1.14 acres.

Building

Year built2007
ConstructionWood Frame (Typical Coastal Residential Construction) Estimated

Site & utilities

Lot size1.14 acres
Stories2
ConditionGood
BasementNone
FireplaceYes
Improvement notesInterior features include built-in maple cabinetry in office, crown molding, granite counters, stainless appliances, gas cooktop, double ovens, fireplace with black cultured marble facing; large screened concrete porch; upstairs bonus room.
Lot area49,658 sq ft
TopographyLevel
FrontageApproximately 190' private dock frontage on Adams Creek / Intracoastal Waterway
Parking notesListing indicates no garage flagged in source; photos may show covered parking or driveway—verify.
AccessAccess via Waterway Drive; typical residential street access.
Location & nearby

Fulshire Plantation

Researched nearby locations

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

Location

135 Waterway Dr, Havelock, NC 28532

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryHavelock Elementary School (approx 1-3 mi) — rating estimate 6/10
Middle schoolHavelock Middle School (approx 2-4 mi) — rating estimate 5/10
High schoolHavelock High School (approx 2-4 mi) — rating estimate 6/10
School districtCraven County Schools
Market context

A factual market snapshot around 135 Waterway Dr.

Median sale price$350,000
Avg days on market60 days
Inventory4 months
1-year appreciation300.0%
5-year appreciation1800.0%
Editorial market perspective

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.

Zoning & land use

Likely single-family residential waterfront zoning (R-1 or similar) — estimated

Zoning

DescriptionLikely single-family residential waterfront zoning (R-1 or similar) — estimated
JurisdictionCraven County / City of Havelock (verify local zoning)
Current useResidential
SetbacksSetbacks and dock permits regulated by county and coastal management; verify bulkhead/dock permits.

Research-indicated uses

  • Single Family Residential
  • Accessory Structures And Docks Subject To Local Permitting And Coastal Regulations
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

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)
Highlights & features

What stands out about this property.

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
https://www.redfin.com/NC/Havelock/135-Waterway-Dr-28532/home/124471195View source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.