Step into a home where coastal luxury meets refined Southern charm — a place that instantly feels like a retreat and lives like a dream. Nestled in the sought-after Waterway Cove community, this brand-new 2025 coastal cottage blends timeless craftsmanship with modern comfort in one of Ocean Isle Beach's most desirable locations. Surrounded by scenic ponds, walking trails, and lush landscaping, the home offers an elevated lifestyle just minutes from the sand, surf, shopping, and dining.
Inside, soft natural light fills the open-concept floor plan, highlighting the wide-plank LVP flooring and custom millwork that define its upscale coastal aesthetic. The chef's kitchen is designed for both beauty and function, featuring elegant white quartz countertops, upgraded shaker cabinetry, a large island, subway tile backsplash, and stainless steel appliances. Perfect for entertaining, the space flows seamlessly into a spacious living area centered around a propane fireplace with detailed trim.
Enjoy effortless indoor-outdoor living with an oversized front porch overlooking tranquil pond views and a breezy screened-in porch ideal for morning coffee or evening relaxation. The primary suite offers a peaceful retreat with upgraded tile, a frameless glass shower, a walk-in closet, and thoughtful designer touches. Two additional bedrooms and a well-appointed guest bath provide comfort for family and guests.
Waterway Cove delivers exceptional amenities, including a clubhouse, fitness center, community pool, walking trails, and beautifully maintained common areas. Its dog-friendly atmosphere and charming coastal streetscape create a welcoming neighborhood experience.
Whether you're seeking a full-time residence, second home, or investment property, this coastal cottage offers modern luxury, timeless design, and an unbeatable location.
New construction
Price cut: $4.6K (12/1)
$529,900
1649 Butterfly Knot Drive SW, Ocean Isle Beach, NC 28469
3beds
1,620sqft
Est.:
Single Family Residence
Built in 2025
6,969.6 Square Feet Lot
$524,800 Zestimate®
$327/sqft
$252/mo HOA
What's special
Luxury finishesNatural lightPropane fireplaceLush landscapingOversized front porchTranquil pond viewsScenic ponds
- 228 days |
- 778 |
- 27 |
Zillow last checked: 9 hours ago
Listing updated: December 11, 2025 at 02:15pm
Listed by:
The Cheek Team 910-477-4554,
The Cheek Team
Source: Hive MLS,MLS#: 100504765
Originating MLS: Brunswick County Association of Realtors
Originating MLS: Brunswick County Association of RealtorsTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Master Bedroom, Bedroom 1, Bedroom 2, Laundry, Living Room
Primary bedroom
- Level: Main
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Oven, Built-In Microwave, Dishwasher
- Laundry: Laundry Room
Features
- Master Downstairs, Walk-in Closet(s), High Ceilings, Solid Surface, Ceiling Fan(s), Pantry, Gas Log, Walk-In Closet(s)
- Flooring: LVT/LVP, Tile
- Has fireplace: Yes
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,620
- Total interior livable area: 1,620 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Site
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Porch
- Exterior features: Irrigation System
- Fencing: None
- Has view: Yes
- View description: Pond, Water
- Has water view: Yes
- Water view: Pond,Water
- Waterfront features: None, Pond
- Frontage type: Pond Front
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 50 x 133 x 50 x 141
Details
- Parcel number: 243oj016
- Zoning: Oi-R-2M
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Waterway Cove
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Pool, Fitness Center, Maintenance Common Areas, Maintenance Roads, Management, Street Lights, Trail(s)
- HOA fee: $3,024 annually
- HOA name: CAM-OIB
- HOA phone: 910-579-5163
Location
- Region: Ocean Isle Beach
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $105,000
- Annual tax amount: $379
- Date on market: 4/29/2025
- Cumulative days on market: 228 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$524,800
$499,000 - $551,000
$2,159/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Price change | $529,900-0.9%$327/sqft |
Source:  Hive MLS #100504765 Report a problem | ||
| 10/31/2025 | Price change | $534,500-2.7%$330/sqft |
Source: Hive MLS #100504765 Report a problem | ||
| 5/1/2025 | Listed for sale | $549,500-6.8%$339/sqft |
Source: Hive MLS #100504765 Report a problem | ||
| 4/30/2024 | Listing removed | -- |
Source: Hive MLS #100419558 Report a problem | ||
| 2/12/2024 | Listed for sale | $589,900$364/sqft |
Source: Hive MLS #100419558 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $379 | $105,000 |
| 2024 | $379 | $105,000 |
| 2023 | $379 +13.2% | $105,000 +61.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,230/mo
Principal & interest
$2568
HOA Fees
$252
Other costs
$411
Climate risks
Neighborhood: 28469
Nearby schools
GreatSchools rating
- 10/10Union ElementaryGrades: K-5Distance: 4.1 mi
- 3/10Shallotte MiddleGrades: 6-8Distance: 5.9 mi
- 3/10West Brunswick HighGrades: 9-12Distance: 6.2 mi
Schools provided by the listing agent
- Elementary: Union
- Middle: Shallotte Middle
- High: West Brunswick
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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