Waterway Cove Homes for Sale in Ocean Isle Beach, NC

Updated October 2026 by Danielle King, REALTOR®, Realty ONE Group Dockside

Quick answer: Waterway Cove is a community of cottages and single-family homes minutes from Ocean Isle Beach, with a clubhouse, a pool, a fitness center, and trails. Recent listings were built in 2015 to 2017, about 1,370 to 2,320 square feet. In October 2026, listings ranged from $459,000 to $675,000.

Waterway Cove at a Glance

Location	Mainland Ocean Isle Beach, NC 28469 (Brunswick County), minutes from the beach
Home types	Cottages and single-family homes
Size	About 1,370 to 2,320 sq. ft.
Built	2015 to 2017
Key amenities	Clubhouse, pool, fitness center, trails, grills
Price range	$459,000 to $675,000 (listings, October 2026)

Where Is Waterway Cove?

Waterway Cove includes Square Knot Lane SW, minutes from the beach.

What Amenities Does Waterway Cove Have?

Clubhouse and meeting room
Community pool
Fitness center
Walking trails and sidewalks
Picnic area with grills

What Are the HOA Fees in Waterway Cove?

Waterway Cove has an HOA that covers the amenities and common areas. Ask me for the current figure. MLS listings report HOA fees in different ways, and fees change, so always confirm with the HOA before you buy.

What Types of Homes Are in Waterway Cove?

Homes include 2 bedroom cottages and larger single-family homes with porches and decks.

Can You Rent Out a Home in Waterway Cove?

Check the recorded covenants and HOA rules before you plan on rentals. Rental rules also depend on whether the home is inside Ocean Isle Beach town limits or in Brunswick County, so confirm both before you buy.

What Should Buyers Know About Waterway Cove?

Compare price per square foot between cottages and larger homes.

What Is the Ocean Isle Beach Housing Market Doing Right Now?

Short answer: Ocean Isle Beach is a balanced market. Single-family homes sold for 97.9% of list price on average, with a median of 70 days on market. Waterway Cove follows the same broad trend, so price and condition matter.

Median sold price	$500,000
Homes sold	30
Median sold price per sq. ft.	$240
Active listings	188
Median list price, active listings	$567,450
Median estimated home value	$778,470 (down 1.5% over 12 months)
Months of inventory	4.70 (balanced market)
Sold price vs. list price	97.9%
Median days on market	70 days

Source: RPR Market Trends, single-family homes, Town of Ocean Isle Beach boundary, September 2026. These are town-wide numbers, not Waterway Cove only, and condos are not included. For more on the town, see my Ocean Isle Beach NC guide.

What Should You Check Before Buying in Waterway Cove?

HOA documents. Get the current budget, rules, rental rules, and any special assessments for Waterway Cove. Fees and rules change.
Town or county. Some 28469 addresses are inside the Town of Ocean Isle Beach and pay a town tax. Others are in unincorporated Brunswick County. That also affects rental and building rules.
Flood zone. Check the FEMA flood map for the exact address. Some Ocean Isle Beach streets near the marsh, canals, and waterway sit in a flood zone, and others do not.
Insurance quote. Get wind and flood quotes early. Coastal premiums can change your monthly payment more than the price does.

Thinking About Selling Your Waterway Cove Home?

In a balanced market, the first two weeks matter most. Price it right, show it well, and you give buyers a reason to act now. I build every pricing plan on recent sales in Waterway Cove and nearby, not a town-wide average.

See What Your Home Is Worth

Frequently Asked Questions About Waterway Cove

Does Waterway Cove have a pool?

Yes, plus a clubhouse and fitness center.

Are there homes for sale in Waterway Cove right now?

Inventory changes daily. The live listings on this page update from the MLS. If nothing fits today, I can set up an alert so you hear about new Waterway Cove listings first.

What Do Clients Say About Danielle?

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"I've had a great experience with Danielle King! We have done a few deals together in Brunswick County, NC and her knowledge of the area is exceptional! She treats every transaction as if it was her own and I recommend her to anyone looking for a new home or investment in North or South Carolina!"

– Repeat client, Brunswick County, NC

Read more reviews from my clients on Google, Realtor.com, and Homes.com.

Talk With Danielle King About Waterway Cove

I'm Danielle King, a REALTOR® with Realty ONE Group Dockside, licensed in North Carolina and South Carolina. My real estate roots go back to 1995 in the Poconos. Before I came back to real estate, I managed a dental practice and spent years negotiating with insurance companies for patients. I bring that same advocate mindset to every Ocean Isle Beach deal, from the first showing to the closing table.

Want to see homes in Waterway Cove, or find out what yours could sell for? Call or text me, or book a call.

Danielle King, REALTOR®
Realty ONE Group Dockside | Licensed in NC & SC
843-997-2744 | danielle@yourkeytorealty.com | yourkeytorealty.com
Real people. Real life. Real relationships. Real results.
Results that MOVE you

Explore More Ocean Isle Beach Communities

Community details come from recent MLS listings, builder information, and community sources as of October 2026. They can change. Always confirm with the HOA or seller documents before you buy. Information deemed reliable but not guaranteed. Equal Housing Opportunity.

Waterway Cove Homes for Sale Right Now

6499 Square Knot Ln Sw, Ocean Isle Beach

$459,000

2 Beds ⋅ 2 Baths ⋅ 100606152 MLS

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

Listing courtesy of Listing Agent: Marty P Ferrell () from Listing Office: CENTURY 21 Sunset Realty.

$675,000

3 Beds ⋅ 3 Baths ⋅ 100594968 MLS

Welcome to this beautifully maintained coastal home, nestled in a charming community designed for easy, carefree living. Relax and enjoy the refreshing coastal breezes from multiple porches and decks, one bedroom opens to a spacious screened front porch on the upper level and a private side deck featuring low-maintenance composite decking and elegant paver accents. Lush landscaping with swaying palms, colorful hibiscus, and established perennial gardens creates exceptional curb appeal and a warm welcome. Inside, the main living level offers an open-concept kitchen, dining, and living area that's perfect for entertaining family and friends. The primary suite is conveniently located on the first floor and features a large walk-in shower, double vanity, and generous closet space. Upstairs, you'll find two comfortable guest bedrooms connected by a shared bath. One bedroom opens onto its own private porch--an ideal spot to enjoy your morning coffee or unwind after a day at the beach. The community offers outstanding amenities, including a resort-style swimming pool, hot tub, fitness center, and a common grilling area. Best of all, lawn maintenance is included, giving you more time to enjoy the beach instead of spending weekends doing yard work. Located just a short drive from beautiful Ocean Isle Beach and within easy reach of Myrtle Beach's shopping, dining, golf, and entertainment, this home offers the perfect combination of coastal charm, convenience, and low-maintenance living. This move-in-ready home is full of special features that are best appreciated in person. Come see everything it has to offer!

1692 Round Turn Rd Sw, Ocean Isle Beach

Listing courtesy of Listing Agent: Amanda S Farabow () from Listing Office: The Saltwater Agency.

6429 Timber Hitch Dr Sw, Ocean Isle Beach

$584,900

3 Beds ⋅ 2 Baths ⋅ 100594452 MLS

Welcome to coastal living at its finest in the sought-after Waterway Cove community, where timeless charm meets modern comfort just minutes from Ocean Isle Beach and Sunset Beach. Meticulously maintained and beautifully updated, this inviting cottage offers a thoughtfully designed floor plan that lives larger than expected. At the heart of the home, the spacious kitchen features granite countertops, oversized GE Slate appliances, a large center island, tiled backsplash, and newly updated stove and microwave, creating the perfect space for everyday living and entertaining. One of the home's standout features is the fully heated and cooled sunroom, seamlessly connected to the main living area. This versatile space offers the perfect setting for morning coffee, a cozy reading nook, home office, or additional entertaining area, a feature rarely found in many competing homes. The private owner's suite is designed for relaxation, featuring a generous walk-in closet and a luxurious ensuite bath with a clawfoot soaking tub, tiled walk-in shower, and granite countertops. Two additional bedrooms provide comfortable accommodations for family and guests. Thoughtful improvements continue throughout the home, including custom cabinetry added to the laundry room, enhancing both storage and functionality. Elegant details such as hardwood flooring, tray ceilings, plantation shutters, and custom finishes create a warm coastal aesthetic that feels both refined and welcoming. Outside, you'll find a detached two-car garage with a Tesla Level 2 charger, offering plenty of room for vehicles, beach gear, bicycles, or a golf cart. A private drive leads to the garage, while the professionally maintained landscaping reflects the exceptional care this home has received over the years. Whether you're searching for a primary residence, second home, or coastal retreat, this beautifully maintained cottage offers the perfect combination of quality, comfort, and location. Experience the relaxed coastal lifestyle you've been dreaming of, just minutes from award-winning beaches, golf, shopping, dining, and everything Brunswick County has to offer.

6429 Timber Hitch Dr Sw, Ocean Isle Beach

Listing courtesy of Listing Agent: Megan L Fogel () from Listing Office: Keller Williams Innovate-OIB Mainland.

1656 Butterfly Knot Dr Sw, Ocean Isle Beach

$599,500

3 Beds ⋅ 3 Baths ⋅ 100582545 MLS

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

Listing courtesy of Listing Agent: Tami L Rash () from Listing Office: Intracoastal Realty Corporation.

1693 Clove Hitch Ln Sw, Ocean Isle Beach

$574,900

3 Beds ⋅ 2 Baths ⋅ 100574116 MLS

Tucked inside one of Ocean Isle Beach's most peaceful and sought-after communities, this home offers the kind of setting that is becoming increasingly hard to find. From the expansive front porch, the home overlooks charming sidewalks, a serene community pond, and beautifully maintained green space that creates a peaceful, storybook setting. At the rear of the property, the detached garage and open park space beyond provide an added sense of privacy and separation rarely found in neighborhood living - allowing for both front and rear exterior views instead of neighboring homes directly behind or in front. Built in 2017 and thoughtfully designed, this 3-bedroom, 2-bath home features warm hardwood flooring, a gas stove, fireplace, inviting living spaces, and abundant natural light throughout. The oversized primary suite is a standout feature, offering a spacious retreat with the kind of scale rarely seen in similar homes. Every part of the home was designed to feel comfortable, functional, and easy to enjoy year-round. Residents enjoy exceptional community amenities including an outdoor pool, fitness center, community gathering space, and grilling area - all located less than five minutes from the sandy shores of Ocean Isle Beach. Whether used as a full-time residence or coastal retreat, 1693 Clove Hitch offers a true neighborhood feel near the coast with beauty, privacy, and connection woven into everyday life.

1693 Clove Hitch Ln Sw, Ocean Isle Beach

Listing courtesy of Listing Agent: Megan L Fogel () from Listing Office: Keller Williams Innovate-OIB Mainland.

6421 Timber Hitch Dr Sw, Ocean Isle Beach

$479,900

2 Beds ⋅ 2 Baths ⋅ 100566680 MLS

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

Listing courtesy of Listing Agent: The Cheek Team () from Listing Office: The Cheek Team.

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