Located along the Southern Outer Banks of North Carolina, the "Crystal Coast" is 65 miles of beaches that attract visitors and commercial interests year-round. Morehead City, on the Crystal Coast, was developed by North Carolina's former governor John Motley Morehead in about 1857, as a great commercial city.
Morehead City has several marine-research facilities such as the Institute of Marine Sciences and the North Carolina Division of Marine Fisheries, and it is the port of the Ferry Division of the North Carolina Department of Transportation. As a deep water port, it also serves as the port for the Second Division of the US Marine Corps at Camp Lejeune.
Like other Atlantic coast towns, Morehead has rebuilt itself from the occasional devastating hurricane, and has grown into a large port terminal as well as a resort destination.
"Morehead City is bounded by the Newport River, Intercoastal waterway and the town of Wildwood," explains Realtor Nan Simcox. "It's a quiet little jewel of a city with an abundance of fishing, farming and tourism, and it is less than 10 minutes to the Atlantic Ocean beaches."
"Updated June 8,2002 from the Carteret County Multiple Listing Service," says Simcox, "there are currently 233 homes on the market in Morehead City and they range from $22,000 (a single-family fixer-upper) to a $1,500,000 luxury home with over 5000 heated square feet, built in 1999 on nearly an acre."
Simcox offers this breakdown:
- $43,000 - $100,000... 29
- $100,000 - $150,000... 74
- $150,000 - $200,000... 45
- $200,000 - $300,000... 48
- $300,000 - $500,000... 22
- $500,000 - $1,500,000...15
"Reported closed from January 1, 2002 through June 8, 2002," says Simcox, "are 105 Homes ranging from$38,000 - $935,000."
Morehead City is growing every day, says Realtor Gena Gilbert. "Morehead City/Carteret County has grown more in the past two years than I have personally seen in grow in the past 10 and I grew up close to this area," says Gilbert. "New businesses are opening up quickly - Ruby Tuesday, Applebee's, Pier 1 Imports, Super Wal-Mart, Staples, Super Lowe's, Outback Steakhouse currently under construction, Gold's Gym advertising Opening in the Fall of 2002."
Advises Gilbert, "For the past couple of years the market here has been sluggish due to many reasons but the market has turned drastically and is coming on strong; changing from a buyer's market to a seller's market rapidly."
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Published: July 17, 2002
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