1656 Butterfly Knot Drive SW, Ocean Isle Beach, NC 28469

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About this home

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!

Facts

Type: Single Family Residence
Year built: 2017
Lot: 0.34 acres
Garage: 2 spaces
HOA: $3,144 / annually
Community: Waterway Cove
County: Brunswick
Price per sq ft: $260
Stories: 2
Construction: Fiber Cement, Wood Frame
Roof: Architectural Shingle
Foundation: Crawl Space
Water: Public
Property tax: $2,417 / year (2025)
Listed: Jun 18, 2026
MLS #: 100582545

Features

Inside

Master Downstairs
Walk-in Closet(s)
Solid Surface
Ceiling Fan(s)
Pantry
Walk-in Shower
Gas Log
Walk-In Closet(s)
Carpet
Tile
Wood
Electric Oven
Built-In Microwave
Refrigerator
Ice Maker
Disposal

Outside

Outdoor Shower
Irrigation System
Cluster Mailboxes
Level
None

Community

Clubhouse
Community Pool
Fitness Center
Maintenance Common Areas
Maintenance Grounds
Sidewalks
Street Lights
Trail(s)

Parking

Garage Faces Front
Attached
Garage Door Opener

Heating & cooling

Electric
Heat Pump
Central Air

Directions to 1656 Butterfly Knot Drive SW

From the main Ocean Isle Beach roundabout, turn onto Beach Dr. going west (first right coming from US 17). The subdivision is on the left less than .5 mile. Turn left on Waterway Cove Dr. into the subdivision and then make the first right onto Carrick Bend Trail SW. At the dead end, take a left onto Butterfly Knot Dr. SW and the home will be down the street on the right.

Schools

Elementary: Union
Middle: Shallotte Middle
High: West Brunswick

As listed in the MLS (Brunswick County Schools). School assignments can change — confirm with the district for this address.

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Recent sales like this in Waterway Cove

Home	Sold	Bd / Ba	Sq ft	Price	$ / sq ft
6429 Timber Hitch Drive SW, Ocean Isle Beach	Oct 15, 2026	3 / 2	1,811	$584,900	$323
1628 Waterway Cove Drive SW, Ocean Isle Beach	Jul 29, 2026	3 / 3	1,987	$475,000	$239
6425 Timber Hitch Drive SW, Ocean Isle Beach	Jun 1, 2026	3 / 3	2,030	$615,000	$303
6467 Timber Hitch Drive SW, Ocean Isle Beach	May 6, 2026	4 / 3	2,271	$687,500	$303

Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.

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Buying in Ocean Isle Beach? Local guides

55+ and Active Adult Communities Around Wilmington, NCWhich Wilmington-area communities are truly 55+, which are all-ages, plus continuing care and rental retirement options, HOA costs and a visit checklist.
Builder Incentives on New Homes near Wilmington, NCWhich Wilmington-area builders are offering closing-cost help, rate buydowns and upgrade credits right now, where they are, and what to ask before you count on one.
Before You List on the NC Coast: Inspect, Repair or Sell As-Is?What to do before listing a home in Wilmington and the southeastern NC coast: a pre-market inspection, what to fix, credit or disclose, roof/HVAC/insurance questions coastal buyers ask, photos, pricing and offers.

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About 1656 Butterfly Knot Drive SW

1656 Butterfly Knot Drive SW is a 3-bedroom, 3-bath home of about 2,304 square feet, built in 2017, on 0.34 acres in Waterway Cove, Ocean Isle Beach, Brunswick County, NC 28469.

At $599,500, it's 41% above the median asking price ($425,000) of the 99 other 3-bedroom listings for sale in Ocean Isle Beach today.

That's about $260 per square foot, compared with a Ocean Isle Beach median asking price of $259 per square foot.

4 other homes are for sale in Waterway Cove right now (median asking $527,400); 9 homes sold there in the last 12 months at a median of $584,900, typically in about 71 days.

Across ZIP 28469, 306 3-bedroom homes sold in the past year at a median of $350,000.

It has been on the market for 132 days.

Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.

Waterway Cove neighborhood guide Homes for sale in Ocean Isle Beach Brunswick County homes

Buying 1656 Butterfly Knot Drive SW

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Questions about 1656 Butterfly Knot Drive SW

How much is 1656 Butterfly Knot Drive SW?

1656 Butterfly Knot Drive SW is listed at $599,500 (about $260 per square foot) as of October 28, 2026. Status: for sale.

How many bedrooms and bathrooms does 1656 Butterfly Knot Drive SW have?

3 bedrooms and 3 bathrooms, with about 2,304 square feet.

What neighborhood is 1656 Butterfly Knot Drive SW in?

Waterway Cove, in Ocean Isle Beach, Brunswick County, North Carolina.

How long has 1656 Butterfly Knot Drive SW been on the market?

132 days. Homes in Waterway Cove sold after a median of 71 days over the past year.

What have homes sold for in Waterway Cove?

9 homes sold in Waterway Cove in the last 12 months, at a median price of $584,900.

Does 1656 Butterfly Knot Drive SW have an HOA fee?

Yes: $3,144 (annually), per the MLS.

When was 1656 Butterfly Knot Drive SW built?

2017.

Who is the listing broker for 1656 Butterfly Knot Drive SW?

Intracoastal Realty Corporation (MLS #100582545). The Buddy Blake Team can show it to you and answer questions.

Can I tour 1656 Butterfly Knot Drive SW?

Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.

1656 Butterfly Knot Drive SW Ocean Isle Beach, NC 28469 · Waterway Cove