Manteo Homes under $500,000

Manteo Homes under $500,000

Welcome to Manteo, a picturesque gem nestled on Roanoke Island in Dare County, North Carolina. This charming town, steeped in history and natural beauty, offers a unique blend of coastal living and small-town charm. With its rich maritime heritage, Manteo is not only the birthplace of America’s first colony but also a thriving hub for art, culture, and outdoor adventures.

As you stroll through the quaint streets of Manteo, you'll discover a vibrant community filled with local shops, delightful eateries, and stunning waterfront views. The town is surrounded by the serene waters of the Roanoke Sound, providing endless opportunities for fishing, kayaking, and sailing. Nature enthusiasts will appreciate the nearby Jockey's Ridge State Park, home to the tallest sand dunes on the East Coast, perfect for hiking and hang gliding.

For those looking to make Manteo their home, you’ll be pleased to know that the real estate market offers a variety of charming homes priced under $500,000. Whether you’re seeking a cozy cottage, a modern family home, or a waterfront property, Manteo has something for everyone. These affordable options allow you to embrace the laid-back coastal lifestyle without breaking the bank.

With its friendly community, stunning landscapes, and a wealth of recreational activities, Manteo is more than just a destination; it’s a place where memories are made. Come discover the allure of Manteo and find your perfect home in this enchanting coastal town!

Newest Manteo Homes under $500,000

947 N Highway 64, Manteo
$399,000
3 Beds ⋅ 2 Baths
Income-producing opportunity in the heart of Manteo! Currently rented for $2,250 per month, this three-bedroom, two-bath home sits on approximately 0.27 acres, with appliances included. Built in 1940, this property dates to the era following the Great Depression and offers a unique connection to Manteo’s history, as well as the generations that have called this community home. A 15-by-25-foot shed with a concrete slab in the backyard provides additional space for storage, tools, and equipment. Established landscaping screens the front of the property, creating a sense of privacy along this convenient US Highway 64 location. Enjoy walking to downtown Manteo’s restaurants and shops, with local schools also within walking distance. The Roanoke Island bike path offers another way to explore attractions such as the North Carolina Aquarium, Elizabethan Gardens, and The Lost Colony. For boating enthusiasts, the nearest public boat ramp on Bowsertown Road is less than two miles away. Beaches are an approximate 15-minute drive, Jockey’s Ridge State Park is about 30 minutes from home, and wild horse tours in the Corova beach area are roughly an hour away. Continue its use as an income-producing rental or explore its potential as a starter home, second home, or vacation rental, subject to the existing lease and applicable requirements. Established rental income, historic appeal, and a convenient Roanoke Island location make this property an opportunity worth considering.

947 N Highway 64, Manteo

Listing courtesy of Lime Rock Realty Llc.

207 Queen Elizabeth Avenue, Manteo
$466,000
2 Beds ⋅ 2 Baths
WATERFRONT LIVING IN THE HEART OF DOWNTOWN MANTEO! Welcome to 207 Queen Elizabeth Ave., Unit 9, a 2 BR | 2 BA waterfront condo where SWEEPING HARBOR AND SOUND VIEWS meet one of the Outer Banks’ most beloved small-town lifestyles. Take the KEY-ACCESS ELEVATOR to the residence and step inside to a bright, open and airy living space designed to make the most of its spectacular waterfront setting. The well-appointed kitchen features abundant cabinetry and counter space, STAINLESS STEEL APPLIANCES and a breakfast bar opening to the living area. Just beyond, step onto your PRIVATE COVERED PORCH and take in the incredible views across the town harbor and Shallowbag Bay toward the Albemarle Sound beyond. Watch the boats come and go, enjoy your morning coffee over the water or settle in as the day winds down—this is a view you’ll never tire of. Back inside, the spacious PRIMARY SUITE offers a private ensuite bath, while a second bedroom and full hall bath provide comfortable accommodations for family or guests. The laundry room features two tiers of shelving for additional storage, and residents also enjoy DEDICATED COVERED PARKING with gated entry plus PRIVATE EXTERIOR STORAGE. But as special as the condo is, the lifestyle just outside your door may be the best part. Once you experience downtown Manteo, you will never want to leave...meander along the waterfront boardwalk and town docks, wander to locally owned shops and restaurants, visit Marshes Light Lighthouse or Roanoke Island Festival Park, and enjoy beloved traditions like the Manteo Farmers Market, First Fridays, seasonal festivals and waterfront events just outside your door. From quiet mornings watching the harbor come to life to evenings spent dining, shopping or simply taking in the view, there’s always something to enjoy—yet Manteo never loses the welcoming, small-town coastal charm that makes it so special. WATERFRONT VIEWS. EASY DOWNTOWN LIVING. TRUE ROANOKE ISLAND CHARM. This isn’t simply a condo at the waterfront—it’s your front-row seat to Manteo.

207 Queen Elizabeth Avenue, Manteo

Listing courtesy of Keller Williams Outer Banks Kdh.

5 Croatan Court, Manteo
$299,000
2 Beds ⋅ 2 Baths
Welcome to 5 Croatan Court, a beautifully updated and well-maintained condo located in the heart of Manteo on Roanoke Island. Offering 2 bedrooms, 1.5 baths, and approximately 1,168 square feet, this inviting property is an excellent option for a primary residence, second home, or long-term investment. The main level features a spacious living area with plenty of room to relax or entertain, an eat-in kitchen, convenient half bath, and access to the private rear deck—perfect for enjoying your morning coffee or unwinding after a day on the Outer Banks. An additional exterior storage area provides plenty of space for beach gear, bikes, and more. Upstairs you’ll find two generously sized bedrooms, a full bath, linen storage, and conveniently located laundry. The home has received numerous updates over the years, including improvements to the kitchen and bathrooms, flooring, appliances, HVAC, water heater, interior paint, and fixtures, creating a comfortable and move-in-ready space. Sold FURNISHED. Croatan Court offers a community pool and the convenience of low-maintenance condo living. Located just minutes from historic Downtown Manteo and the waterfront, you’ll have easy access to local restaurants, shops, attractions, schools, grocery stores, and everything Roanoke Island has to offer. The beautiful beaches of the Outer Banks are also just a short drive away. Whether you’re looking for a year-round home, an OBX getaway, or a long term rental investment opportunity, 5 Croatan Court combines location, convenience, and easy coastal living in one great package.

5 Croatan Court, Manteo

Listing courtesy of Pirates Cove Realty.

421 Pirates Way, Manteo
$479,000
2 Beds ⋅ 2 Baths
PRICE IMPROVEMENT - NOW $479,000! Experience the Pirates Cove lifestyle in this desireable coastal retreat. THE SELLER IS OFFERING A $15,000 CONCESSION towards Buyer's allowable closing expenses and/or repairs! Wake up to peaceful water views in this Buccanneer Village,TURNKEY, TWO-STORY END UNIT CONDO with RESERVED CARPORT. Offering 1,220 sq. ft., 2 bedrooms, 2 baths, with a versatile - flex THIRD ROOM currently used as a bedroom with bunk beds or convert to office, this furnished retreat is ready to enjoy. The covered porch, accessible from both the living room and primary bedroom, overlooks the pond and canal with a peek of the marina—perfect for morning coffee or unwinding after a day on the water. Enjoy a 24/7 gated, golf-cart-friendly community with clubhouse pool, fitness center, lighted tennis and pickleball courts, playground, volleyball court and miles of lighted docks. Dock space is available through the HOA for qualified owners with a registered boat.Enjoy direct access to the sound up the channel to Oregon Inlet and out to the ocean for fishing or any kind of water sports. Boaters will appreciate the close proximity of Pirates Cove Marina for fuel service, Ship's Store, Bluewater Raw Bar & Grill and Mimi’s Tiki Hut and are an easy golf-cart ride away. Whether you are looking for a Second Home, Full Time Retreat Home or Investment Property, this Pirates Cove, Buccaneer Village condo offers a rare opportunity to combine waterfront living, boating and investment potential in one exceptional Outer Banks Community. Call the listing agent today to schedule your private tour!

421 Pirates Way, Manteo

Listing courtesy of Outer Banks Realty Solutions.

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