Lots 1-8 Roosevelt Reserve Parkway, Pine Knoll Shores, NC 28512

$12,000,000
Property Type: Land Lot Size (sq. ft.): 194,278 Status: Active
Current Price: $12,000,000 List Date: 6/06/2025 Last Modified: 7/03/2025

Description

First time offered for private ownership—Roosevelt Reserve is the final section of the historic Roosevelt Preserve in Pine Knoll Shores, previously held by the Roosevelt family and the Episcopal Diocese. Believed to have been walked by President Theodore Roosevelt himself, this land has remained largely untouched until now. This private, gated community offers 8 exclusive homesites (4 oceanfront, 4 ocean view) along a looped parkway with eco-friendly pavers and a natural central green park. A special 50-ft height exception allows for unmatched ocean views—even from the second row. Enjoy direct beach access, underground utilities, and septic approvals for 5 to 10 bedrooms. Owners may select their own builder, architect, and design. A rare chance to build a legacy home in one of the most protected, storied settings on the Crystal Coast.

More Information MLS# 100511955

Contract Info

Delayed Marketing?: No Sub-Type: Residential Land List Price/Acre: 2690582.96 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-06-06 Listing Price: 12000000 Current Price: $12,000,000

Location Information

City Limits: Yes Marketing City: Pine Knoll Shores Street #: Lots 1-8 Street Name: Roosevelt Reserve Street Suffix: Parkway County: Carteret State/Province: NC Zip Code: 28512 Subdivision: Roosevelt Reserve Geo Lat: 34.697205 Geo Lon: -76.832478

Remarks and Showing

Sign on Property: Yes Directions to Property: Hwy 58 to Pine Knoll Shores. Property is located across the street from the Trinity Center and the water tower.

Property Exterior Info

Acres - Total: 4.46 Lot SqFt: 194278 Deed Restriction: Yes Waterfront: Yes Total Road Frontage: 351 Waterview: Yes Location Type: Island Water Frontage: 351

Legal and Taxes

Tax Assessed Value: 1759500 Deed Book: 1788 Deed Page: 137 Legal: Pine Knoll Shores Commercial Property Broker Owner: No PID: 634405188860000 Tax Identifier: 634405188860000 Plat Book: 0 Plat Page: 0 Total Real Estate Property Taxes: 10469.03 Special Assessments: No Tax Year: 2025 Zoning: Residential HOA: Yes Cobra Zone: No Federal Flood Ins Avlbl: Yes Elementary School: Morehead City Elem High School: West Carteret

Current Use

Development: 1

Bldgs on Property

None: 1

HOA and Neigh Amenities

Beach Access: 1 Beach Rights: 1 Maint - Comm Areas: 1 Maint - Roads: 1 Park: 1 Street Lights: 1 Waterfront Community: 1

HOA

Association Name: Roosevelt Reserve HOA

Soil Evaluation

Soil Evaluation - Yes: 1

Frontage Type

Oceanfront: 1

View Type

Ocean: 1

Topography

Cleared/Partial: 1 Rolling: 1

Lot Water Features

Deeded Beach Access: 1 Ocean Side: 1 Water Access Comm: 1

Current Service Providers

Electric Provider: Carteret-Craven EMC Water Provider: Pine Knoll Shores Water Dept

Terms

Cash: 1 Conventional: 1

Fencing

None: 1

Fuel Tank

None: 1

Environmental Hazard

No: 1

Lot Description

Cul-De-Sac: 1 Deeded Water Rights: 1 Subdivision: 1 Wooded: 1

Road Type/Frontage

Public (City/Cty/St): 1

Utilities

Cable Available: 1 Electricity Connected: 1 Water Tap Paid: 1

Sewer

Septic Permit On File: 1

Water Source

Municipal Water: 1

Property Features

Current Use: Development Bldgs on Property: None Soil Evaluation: Soil Evaluation - Yes Frontage Type: Oceanfront Topography: Cleared/Partial; Rolling View Type: Ocean Fencing: None Fuel Tank: None Environmental Hazard: No Lot Description: Cul-De-Sac; Deeded Water Rights; Subdivision; Wooded Utilities: Cable Available; Electricity Connected; Water Tap Paid Sewer: Septic Permit On File Water Source: Municipal Water Lot Water Features: Deeded Beach Access; Ocean Side; Water Access Comm HOA and Neigh Amenities: Beach Access; Beach Rights; Maint - Comm Areas; Maint - Roads; Park; Street Lights; Waterfront Community Terms: Cash; Conventional
Listing Office: RE/MAX Ocean Properties
IDX
Last Updated: July - 03 - 2025
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