118 Lake Avenue # 303 Morehead City, NC $ 420,000
118 Lake Avenue # 303
$ 420,000
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118 Lake Avenue # 303

Morehead City, NC, 28557
$ 420,000
Bedrooms2 Baths2.0 Sq 1,164

Monthly Estimate*

$ 2,586

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Condo for sale in Morehead City, NC

for $420,000 with 2 bedrooms and 2 full baths. This 1,164 square foot condo was built in 1980.

Waterfront living in the heart of Morehead City. This 3rd floor, 2 bedroom, 2 full-bath condo offers direct water access on Peletier Creek with direct access to Bogue Sound and the Intracoastal Waterway. Enjoy stunning water views from the kitchen, living room, primary bedroom, along with evening sunsets overlooking the water from the balcony or the waterfront in-ground pool. The primary suite features water views, an updated en-suite full bathroom, and a walk-in closet. The property also includes a walk-in laundry/tackle room for added convenience. Mariner's Cove offers assigned boat slips and boat storage included in the HOA, with slip assignments made by the dockmaster based on boat size and availability. Conveniently located close to shopping, dining, downtown Morehead City, and world class boating and fishing. Rentals are not permitted, helping preserve the quiet, residential feel of the community. A rare opportunity for low-maintenance waterfront living with direct boating access in one of Morehead City's most convenient locations. Don't miss out on this one!

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Condo Pending

Price

$ 420,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 1,994

Style

Condominium

Year Built

1980

Town/City

Morehead City

County/Region

Carteret

MLS | Web ID

100547523

Features
General
Living Area 1164.0
Heating Electric Heat Pump
Cooling Central Air
Utilities Sewer Connected Water Connected
Possession Close Of Escrow At Closing
Roof Shingle
Appliances Washer Refrigerator Dryer Electric Range
Zoning PD
HOA Fee 6780.0
Patio/Porch Features Covered Balcony
Pool Features In Ground
Construction Materials Cedar Vinyl Siding
Pets Allowed Yes
Year Built 1980
View Creek Sound Water Creek/Stream
Levels One
Unit Number 303
Property Subtype Condominium
Tax Year 2025
Taxes 1994.5
Parcel Number 636615730732303
Waterfront Features Water Access Comm Water Depth 4+
County Carteret
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
Association Amenities Roof Maintenance Waterfront Community Barbecue Boat Dock Boat Slip - Assigned Community Pool Dog Park Flood Insurance Maintenance Common Areas Maintenance Grounds Maintenance Roads Maintenance Struct
HOA Y
Attached Garage N
Subdivision Name Mariner Cove
Garage Y/N N
Total Rooms 5
Full Baths 2
Status Pending
Directions Arendell St/Hwy 70 East turn right onto Lake Ave follow to Mariner Cove on the right. Unit 303 is located on the 3rd floor
High School West Carteret
City Morehead City
Association Name Mariner Cove HOA
Lot Size Square Feet 0.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Morehead City Elem
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appt Required Lockbox
Home Warranty Y/N N
Middle/Junior High School Morehead City
Lease Considered Y/N N
Structure Type Wood Frame
Living Area Units Square Feet
Standard Status Pending
Tax Assessed Value 334185
Legal Description U303 BA P1 MARINER'S COVE
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Interior
Interior Amenities Walk-in Closet(s) Ceiling Fan(s) Pantry Walk-in Shower Blinds/Shades Walk-In Closet(s)
Flooring LVT/LVP Carpet
Furnished Y/N Negotiable
Water Heater Electric
Master Bed Level Primary Living Area
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 2
Room Type Master Bedroom Living Room Dining Area Bedroom 2 Laundry
Unit Type 2 Bedroom
Total Baths 2
Living Area Range 1000 - 1199
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Exterior
Exterior Amenities Gas Grill Cluster Mailboxes
Exterior Finish Vinyl Siding Cedar
Fencing None
Parking Features Parking Lot Asphalt On Site
Lot Features Boat Slip Boat Dock Navigable Water Water Access Comm Water Depth 4+
Water Source Public
Total Parking 0.0
Foundation Details Other Pilings
Spa N
Building Area Total 1164
Lot Size Acres 0
Road Surface Type Paved
Frontage Type Creek
Waterfront Y/N Y
Road Frontage Type Maintained City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 118
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* Excluded Features
List By
Rhonda Cummings

Listing Agent

Keller Williams Crystal Coast

Broker

rhondacummings@kw.com

Email

Affordability Calculator

$2,752
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,586
Monthly Property Taxes
$166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960694 Elementary School
3960672 Middle School
West Carteret High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$420,000 Listed Price

Map


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118 Lake Avenue # 303, Morehead City, NC, 28557 is a Condo for sale at $420,000 with 1,164 sqft. 118 Lake Avenue # 303 has 2 bedrooms, 2.0 baths, and was built in 1980. The property's zip code is 28557 which is in Morehead City, NC