CompCasa Property Analysis · single_family

506 Broad St

1902 Oriental Home — 5 Beds, Steps to Town Docks & Marinas

Historic coastal living with immediate waterfront access and great rental potential

5 beds2 baths1,402 sq ftBuilt 19020.16 acresNo garage; off-street unpaved parking
CompCasa valuation analysis
Estimated market value
$400,000
Low $375,000 · Midpoint $400,000 · High $425,000
Confidence65%Sales comparison approach
Last recorded sale$405,000Mar 9, 2026
CompCasa estimate$400,000Mar 11, 2026
Estimate vs. last recorded sale−$5,000 / −1.2%
$375,000$400,000 midpoint$425,000
Price / sq ft$289
Median sale price$260,000
Avg days on market60 days
Inventory4 months

Estimate anchored to the current list price ($405,000) and AVM ($402,819) with adjustment for age, size (1,402 SF), condition, and proximity to waterfront amenities. No live comps search was performed; range reflects local small-town premium for proximity to marinas and demand for historic homes.

About the property

1902 Oriental Home — 5 Beds, Steps to Town Docks & Marinas

Step into one of Oriental’s classic turn-of-the-century homes—an authentic 1902 residence that brings maritime village living within a few easy steps. This generous two-story offers five bedrooms and two full baths across approximately 1,402 square feet, set on a deep 0.16-acre lot with off-street parking. The covered front porch provides an immediate sense of place and connection to the compact downtown streets where marinas, parks, and restaurants are part of daily life.

Inside, original character pairs with practical updates: wood floors and laminate flow through living areas, a functional kitchen equipped with a gas oven and refrigerator, and flexible room configurations that accommodate family, guests, or a home office. Bedrooms are spread through both levels, allowing privacy and flexible sleeping arrangements for visiting sailors, regatta guests, or extended family. Two full baths serve the floorplan efficiently, and photos show a warm, lived-in aesthetic that invites personalization.

Location is the standout amenity — a short walk puts you at the Neuse River, Oriental Town Docks, and multiple marinas for launching and mooring. Stroll to local restaurants or step directly into sailing culture for festivals, boat shows, and community events. The property also presents a strong income opportunity: its size and location make it a compelling long- or short-term rental (subject to local permits), especially during peak sailing months.

This is an opportunity for buyers who value authentic historic homes with immediate boat-access convenience. With targeted cosmetic and systems updates, the home can deliver stronger rental returns or premium resale value. Contact Frazer Team Frazer for showings and information on inspections, zoning, and any short-term rental considerations.

Property details

A 1902 victorian|historic on 0.16 acres.

Building

Year built1902
ConstructionWood Frame

Site & utilities

Lot size0.16 acres
GarageNo garage; off-street unpaved parking
Stories2
ConditionGood
BasementNone
FireplaceNo
Improvement notesHistoric 1902 single-family home with period character; mix of original detail and later updates; photos show wood and laminate flooring, multiple bedrooms, two full baths.
Lot area6,970 sq ft
TopographyLevel
FrontageResidential street frontage on Broad St in downtown Oriental; short walk to waterfront
ParkingOff Street Unpaved
Parking spaces4
Parking notesNo garage; unpaved/off-street parking and additional parking on site per MLS notes
AccessStreet access; pedestrian-friendly downtown block
WaterPublic
SewerPublic Sewer
ElectricOn Site (Assumed Standard Supply)
GasAssumed Available (Gas Oven Present) Natural Gas Or Propane Supply To Be Verified
Location & nearby

Oriental Historic/Waterfront District

Researched nearby locations

Oriental Town Docks (0.1 mi)
Neuse River waterfront (0.1–0.2 mi)

Location

506 Broad St, Oriental, NC 28571

View in Google Maps
Editorial neighborhood context

Oriental is a compact, maritime-oriented town on the Neuse River known for its boating culture, friendly downtown, and community events centered around the waterfront. The downtown core is pedestrian-friendly with cafés, small shops, and marine services clustered near the town docks. Residents value outdoor recreation, easy boating access, and a laid-back coastal lifestyle.

Nearby access summary

Excellent access to boating, fishing, waterfront parks, and dockside amenities — ideal for sailors and outdoor enthusiasts.

ElementaryPamlico County Primary (Bayboro) — approx rating 5/10
Middle schoolPamlico County Middle (Bayboro) — approx rating 5/10
High schoolPamlico County High (Bayboro) — approx rating 4/10
School districtPamlico County Schools
Market context

A factual market snapshot around 506 Broad St.

Median sale price$260,000
Avg days on market60 days
Inventory4 months
1-year appreciation300.0%
5-year appreciation1200.0%
Editorial market perspective

Oriental and the surrounding Pamlico County market occupy a niche coastal market where immediate proximity to marinas and waterfront access materially increases value. Median single-family prices inland are modest compared with major coastal cities, but homes that offer walk-to-dock convenience and historic charm—like 506 Broad St—command a local premium. Inventory in the Inner Banks can be seasonally constrained; buyer interest spikes around spring and summer boating months. For investors, short-term rentals tied to sailing events and summer visitation are attractive, while owner-occupants benefit from a strong lifestyle value proposition. Expect moderate appreciation (single digits annually), with pricing sensitivity to condition and systems upgrades.

Zoning & land use

Likely residential zoning consistent with single-family use in downtown Oriental; may sit within a historic or village district—verify with Town of Oriental planning dept.

Zoning

DescriptionLikely residential zoning consistent with single-family use in downtown Oriental; may sit within a historic or village district—verify with Town of Oriental planning dept.
JurisdictionTown of Oriental / Pamlico County
Current useResidential

Research-indicated uses

  • Single Family Residence
  • Accessory Structures Per Local Code
  • Potential Short Term Rental Subject To Local 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.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2026-03-09$405,000
2025-10-03$425,000
Research findings & due diligence

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

Key findings

  • Property: 5 BR / 2 BA, 1,402 SF, built in 1902 on 0.16 acres
  • List Price: $405,000; Redfin AVM: $402,819; Price/SF: $289
  • Location: Downtown Oriental — walking distance to docks, marinas, restaurants, and waterfront parks
  • Condition: Appears in good, lived-in condition with original character and selective updates (photos show mixed flooring and functional kitchen appliances)
  • Parking: No garage; off-street unpaved parking available
Highlights & features

What stands out about this property.

Interior Features

  • 5 bedrooms / 2 full baths
  • Approx. 1,402 SF across 2 stories
  • Wood, laminate, and carpet flooring
  • Functional kitchen with gas oven and refrigerator
  • Window coverings included

Exterior & Lot

  • 0.16-acre landscaped lot
  • Welcoming covered front porch
  • Unpaved off-street parking for multiple vehicles
  • Interior lot in downtown Oriental—short walk to waterfront

Location & Neighborhood

  • Steps to Neuse River and Oriental Town Docks (0.1–0.2 mi)
  • Walking distance to marinas, restaurants, and community shops
  • Historic maritime village atmosphere
  • Pamlico County and New Bern MSA access

Walkability & Recreation

  • Walkability Rating: 70/100
  • Near waterfront parks, marinas, fishing & boating services
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Redfin / Hive MLS scraped dataView source
2
Listing agent contact provided in scrape
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.