Pungo Cove Marina & Campground

Investment Overview

Positioned on 68 sprawling waterfront acres in Belhaven, NC, Pungo Cove Marina & Campground presents a rare 'final-phase' investment opportunity. With the heavy lifting already complete—featuring a protected 109 wet slip marina and a 70 site RV park and campground with completed roads and other infrastructure in process, this property is primed for a visionary developer or owner-operator to bring it across the finish line. Because the foundational work is done, an incoming buyer can bypass years of red tape and begin generating immediate revenue from existing operations. It’s the perfect hybrid of an asset ready for new operator and a high-upside development play, allowing the next owner to customize the final improvements, scale the density, and put their own stamp on a premier Eastern North Carolina coastal retreat.

Investment Highlights

• Final-Phase Waterfront Development: 68± acre marina & campground property in Belhaven, North Carolina, nearly complete and ready for final finishing.
• The Heavy Lifting is Done: A 109-slip marina and a 70-site RV park & campground with infrastructure already in place, drastically reducing your timeline to stabilization.
• Turnkey Cash Flow Potential: Perfectly positioned for an operator to bring the project across the finish line, launch operations, and immediately capture revenue.
• De-Risked Value-Add: Bypass years of coastal permitting; step in to complete the current footprint and customize the final amenities to your exact standards.
• Multiple Revenue Streams: Clear path to immediate yield from wet slip leasing, RV site & campground rentals, and transient boater services.
• Expansive Waterfront: Significant excess acreage provides a blank canvas to add more RV pads and campsites, or build out luxury coastal lodging or vacation rentals.
• Strategic ICW Location: Direct, deep-water access to the Pamlico Sound and Atlantic Intracoastal Waterway.
• Coastal Tourism Draw: Strong appeal to the robust boating, fishing, and transient traveler markets of Eastern North Carolina.
• Ideal Target Buyer: The perfect hybrid acquisition for developers, marina operators, or owner-operators looking for a high-upside project.
• Rare Large-Scale Opportunity: A unique chance to dictate the final branding and finish of a premier Eastern North Carolina coastal retreat.