Residential Lot at 118 Russell Cove, Newport, NC 28570, Newport
Residential Lot at 118 Russell Cove, Newport, NC 28570, Newport, photo 2 of 2
2 photos

$299,000

118 Russell Cove, Newport, NC 28570
Newport, NC 28570
Listed by NC Coastal Team · RE/MAX Ocean Properties EI
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Discover a rare opportunity to own waterfront property along the Crystal Coast with options to fit your vision. This unique offering consists of two waterfront lots that have already been divided, allowing buyers the flexibility to purchase one lot or both together. Each lot includes a 6 bedroom septic permit, providing an outstanding opportunity to begin planning your dream waterfront home or future investment. For those looking to maximize the property's potential, the current owner also has plans available for a two duplex community. Enjoy peaceful creek views, direct access for kayaking, fishing, and small boating adventures, along with easy access to the Intracoastal Waterway. Mature trees and the beautiful natural setting create the perfect backdrop for coastal living. Located near great schools, this property also offers convenient access to Crystal Coast beaches, shopping, dining, and everyday conveniences. Its central location provides easy access to both Camp Lejeune and MCAS Cherry Point. Whether you're looking for a single waterfront homesite or the opportunity to purchase both lots, this exceptional property offers the flexibility, location, and coastal lifestyle that are becoming increasingly difficult to find.

Highlights

Waterfront

Property details

MLS #
100587131
Property type
Residential Lot
Subdivision
Other
Status
Active
Days on market
92
On market date
July 8, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.75 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Bogue Sound Elementary
0.34 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
441
Student:teacher ratio
12.3:1
District
Carteret County Public Schools
Middle
Broad Creek Middle
1.98 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
701
Student:teacher ratio
15.9:1
District
Carteret County Public Schools
High
Croatan High
0.49 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
910
Student:teacher ratio
15.4:1
District
Carteret County Public Schools

Walkability

Blended score for Newport's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

18
Very car-dependent
out of 100
EPA National Walkability Index
3.7 / 20 -- Least walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,951/mo
$59,800 down
$239,200 loan
Principal & interest$1,551
Property tax (est.)$249
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 24 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.