
1656 Butterfly Knot Drive SW · Ocean Isle Beach, NC 28469
Welcome to your dream home in the coveted Waterway Cove community! This charming 3-bedroom, 2.5-bathroom coastal cottage offers the perfect blend of comfort, style, and convenience. As you step onto the front porch, you're greeted by stunning sunrises for morning coffee or evening shade for outside living space. Inside, the home boasts a spacious layout, featuring a custom kitchen, dining, and living area adorned with a cozy fireplace. The kitchen is a chef's delight, complete with granite countertops, stainless steel appliances, walk-in pantry and spacious bar perfect for meal prep or gathering with loved ones. This custom-built home features a freshly painted exterior and even an outdoor shower. Bright upstairs loft and two additional bedrooms are ideal for a home office/den, game room, or craft space. The two upstairs bedrooms share a jack-and-jill en-suite bathroom. The oversized, attached garage is desirable, providing ample space for storage, parking and the new EV charger. Relax outside on the screened porch or in the oversized backyard rarely found in the neighborhood with ample space for a hot tub or fire pit.
The community pool, exercise trails, and fitness room are just some of the features of the Waterway Cove neighborhood. Waterway Cove is a vibrant year-round community with a neighborhood newsletter and group activities. The HOA includes lawn care to make your coastal living more maintenance free.
For those who love coastal living, this home's location and community is unbeatable - just a short distance from the beach, as well as a variety of restaurants, grocery stores and shops. Don't miss out on the opportunity to call this coastal home your own. Waterway Cove was even featured in Southern Living Magazine - come see why for yourself!
Features & Amenities
Location
Property boundary from county GIS
Map layers
Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 7, 2026 | Price Reduced | $625,000 → $599,500 | ▾ $25,500 (4.1%) |
Monthly Cost Estimate
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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Last Updated: Oct 7, 2026