Waterway Cove Homes under $600,000

Waterway Cove Homes under $600,000

Welcome to Waterway Cove, a hidden gem nestled in the picturesque Ocean Isle Beach, North Carolina. This charming neighborhood is situated in Brunswick County, where coastal beauty meets a laid-back lifestyle. Waterway Cove offers a serene escape, with its lush landscapes and scenic waterways providing a perfect backdrop for your dream home.

One of the standout features of Waterway Cove is its diverse selection of homes, many of which are available for under $600,000. This makes it an ideal community for first-time buyers, retirees, or anyone seeking a vacation retreat without breaking the bank. The homes here boast modern designs, spacious layouts, and often come with beautiful outdoor spaces, perfect for enjoying the warm Carolina sun.

Living in Waterway Cove means you’ll have easy access to the stunning beaches of Ocean Isle, which are just a short drive away. Enjoy sun-soaked days on the sandy shores, indulge in water sports, or take leisurely strolls along the coastline. The neighborhood also offers convenient access to local shops, dining, and recreational activities, ensuring that you have everything you need right at your fingertips.

The community fosters a welcoming atmosphere, where neighbors become friends and outdoor activities abound. Whether you’re looking to relax by the waterway or explore the vibrant local culture, Waterway Cove is the perfect place to call home. Discover the charm of this coastal paradise and find your ideal residence today!

Newest Waterway Cove Homes under $600,000

6499 Square Knot Ln Sw, Ocean Isle Beach
$459,000
2 Beds ⋅ 2 Baths ⋅ 100606152 MLS ⋅ ACTIVE Status ⋅ 1,622 SqFt. ⋅ 2017 Year Built
Coastal charm, resort- style amenities and exceptional value just minutes from the beach. This charming two-bedroom, two-bath cottage in the desirable Waterway Cove Community is priced well below tax value and offers the perfect blend of comfort, style, and coastal convenience. Situated on a corner lot, the home welcomes you with a spacious front porch complete with a swing and a large, screened porch on the back- perfect for morning coffee or relaxing after a day at the beach. Inside, the inviting living room features a fireplace with gas logs, while the well- appointed kitchen offers granite countertops, stainless steel appliances, a gas range, and a built-in China cabinet with glass doors for added storage and character. The spacious primary suite includes a Walkin closet and a beautifully oversized Walkin shower. Enjoy year-round outdoor living from the screened porch and take advantage of the homes designated patio area ready for a fire pit, for evenings under the stars. the additional room located just off the garage provides excellent flexibility and can be used for home office, guest space, hobby or activity room, or whatever fits your needs. Waterway Cove is a waterway community offering waterway views and desirable amenities including a community pool, fitness center, and fire-pit areas. And when you're ready for the sand and surf, Ocean Isle Beach is less than two miles away. Whether you're looking for a coastal getaway, full-time residence, or investment property, this home offer plenty of possibilities at a price that deserves a closer look!

6499 Square Knot Ln Sw, Ocean Isle Beach
1656 Butterfly Knot Dr Sw, Ocean Isle Beach
$599,500
3 Beds ⋅ 3 Baths ⋅ 100582545 MLS ⋅ ACTIVE Status ⋅ 2,304 SqFt. ⋅ 2017 Year Built
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!

1656 Butterfly Knot Dr Sw, Ocean Isle Beach
1693 Clove Hitch Ln Sw, Ocean Isle Beach
$574,900
3 Beds ⋅ 2 Baths ⋅ 100574116 MLS ⋅ ACTIVE Status ⋅ 1,757 SqFt. ⋅ 2017 Year Built
Custom Built, Loaded with Upgrades & Now Featuring Beautiful New Calypso Oak Flooring! Discover exceptional craftsmanship, effortless coastal living, and true neighborhood charm just minutes from Ocean Isle Beach! Welcome to 1693 Clove Hitch in Waterway Cove! Built in 2017, this beautifully maintained 3-bedroom, 2-bath custom home offers thoughtful upgrades throughout, including gorgeous new Calypso Oak flooring, warm and inviting living spaces, abundant natural light, a gas stove, cozy fireplace, and an exceptionally spacious primary suite. Enjoy the best of indoor and outdoor living with an expansive front porch overlooking a picturesque community pond and green space, a private rear screened porch, beautifully landscaped and fenced backyard, and oversized detached two-car garage. With open green space both in front and behind the home, this setting offers a wonderful sense of privacy rarely found in neighborhood living. Waterway Cove offers peaceful streets, sidewalks, parks, ponds, and a true sense of community. HOA amenities include lawn maintenance, pond-fed irrigation, outdoor swimming pool, fitness center, gathering space, and grilling area. With no short-term rentals permitted, the neighborhood maintains its welcoming residential atmosphere. Located less than five minutes from Ocean Isle Beach, enjoy convenient access to sandy shores, coastal dining, and nearby backroads for golf cart outings where legally permitted, all while coming home to the peace and beauty of a thoughtfully designed neighborhood. Custom craftsmanship. Beautiful upgrades. Low-maintenance living. An exceptional coastal lifestyle. Welcome home to 1693 Clove Hitch!

1693 Clove Hitch Ln Sw, Ocean Isle Beach
6421 Timber Hitch Dr Sw, Ocean Isle Beach
$479,900
2 Beds ⋅ 2 Baths ⋅ 100566680 MLS ⋅ ACTIVE Status ⋅ 1,365 SqFt. ⋅ 2015 Year Built
A coastal cottage with easy one-level living, a screened porch and a detached two-car garage. Set on a corner lot in Waterway Cove, 6421 Timber Hitch Drive offers two bedrooms, two baths and approximately 1,365 heated square feet just a short drive from Ocean Isle Beach. The front porch gives the home a welcoming first impression. Inside, natural light fills the open living, dining and kitchen areas, creating a comfortable space to relax or gather with friends. The kitchen offers generous workspace, an island and a clear connection to the main living area. A gas-log fireplace adds warmth to the living room. The primary suite includes a spacious bath with a soaking tub. The second bedroom and adjoining bath offer flexibility for guests, with a wider doorway and roll-in shower. At the rear of the home, both steps and a ramp lead from the detached garage area to the screened porch--a lovely spot for coffee or an evening outdoors. A Rinnai tankless water heater and a recently replaced HVAC system add practical value. Waterway Cove residents enjoy a clubhouse, pool and fitness center. Come see how this cottage brings together comfortable living, useful storage and time to enjoy the coast.

6421 Timber Hitch Dr Sw, Ocean Isle Beach
Start Your Search

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

How much is your home worth?

Get instant property value now!