$2,350,000

113 Lake Ave Morehead City, NC 28557

Estimated payment $13,022/month

Total Views 19,574
2 Beds
1.5 Baths
1,000 Sq Ft
$2,350 Price per Sq Ft

Highlights

  • Views of a Sound
  • Boat Dock
  • Boat Slip
  • Morehead City Primary School Rated A-
  • Home fronts a sound
  • Deep Water Access

About This Home

Exceptional waterfront property located on protected Peletier Creek! Offering immediate recreational benefits for the boating enthusiast, this premier location includes nine boat slips, ample boat storage lot, detached garage with workshop and a small cottage providing a comfortable living space whether for personal use or as a rental opportunity. So many options! The property has been rezoned for a multi-family development opening up endless possibilities for investors and developers or create your own coastal lifestyle with a custom build! With wonderful water views and a vibrant marine atmosphere this parcel combines functionality and relaxation in one picturesque setting plus the rare opportunity to capitalize on a prime waterfront location with exciting growth potential. Don't miss the chance to own a waterfront paradise with direct access to Bogue Sound/ICW!

Listing Agent

Bailey Basnight Real Estate

Coldwell Banker Sea Coast AB License #281517 Listed on: 10/30/2024

Coldwell Banker Sea Coast AB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63

Year Built

  • Built in 1943

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 133x227x120x286
  • Home fronts a creek
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Chain Link Fence
  • Property is zoned Res./Multi Fam

Property Views

  • Views of a Sound
  • Creek or Stream Views

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deep Water Access
  • Boat Slip

Schools

  • Morehead City Primary Elementary School
  • Morehead City Middle School
  • West Carteret High School

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 636615732771000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$63

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1943
  • Road Frontage Type: Creek Front, See Remarks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 2350.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 3
  • Sq Ft Heated: 1000.00
  • Total Heated Primary Separate Sq Ft: 1000.00

Exterior Features

  • Exterior Finish: See Remarks
  • Fencing: Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: None
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Gravel, On Site

Utilities

  • Cooling System: Heat Pump
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 608.00
  • Lot Acres: 0.76
  • Lot Dimensions: 133x227x120x286
  • Lot Sq Ft: 33106.00
  • Lot Water Features: Boat Dock, Sound Side, Waterfront Comm, Water Depth 4+, Harbor, Boat Slip
  • Plat Book: 14 21
  • Plat Page: 21
  • Zoning: Res./Multi Fam
  • Lot View Type: Creek View, Sound View, Water View

Tax Info

  • Tax Identifier: 636615732771000
  • Tax Year: 2024

MLS Schools

  • Elementary School: Morehead City Primary
  • High School: West Carteret
  • Middle School: Morehead City

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $63 $825,459 $480,000 $345,459
2023 $2,822 $825,459 $480,000 $345,459
2022 $2,739 $825,459 $480,000 $345,459
2021 $3,614 $1,090,631 $745,172 $345,459
2020 $3,614 $1,090,631 $745,172 $345,459
2019 $3,164 $1,015,772 $666,928 $348,844
2017 $3,164 $1,015,772 $666,928 $348,844
2016 $3,164 $1,015,772 $666,928 $348,844
2015 $3,062 $1,015,772 $666,928 $348,844
2014 -- $1,141,476 $796,023 $345,453
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $2,350,000 0.0% --
02/05/2025 02/05/25 Off Market $2,350,000 -- --
11/01/2024 11/01/24 For Sale $2,350,000 0.0% --
11/01/2024 11/01/24 For Sale $2,350,000 -- $2,350 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,300,000 --
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,040,000 New Conventional
Source: Public Records

Similar Homes in Morehead City, NC

  • 4319 Coral Point Rd, Morehead City, NC 28557

    $2,100,000

    • 3 Beds
    • 2.5 Baths
    • 3,220 Sq Ft
    • 4319 Coral Point Rd
    • Morehead City, NC

    Sound front retreat conveys strikingly move-in ready with minimal exclusions and boasts of south facing water views from every room! King-sized principal suite on 1st floor has designer bath with luxurious shower and separate laundry room. 2nd floor enjoys 2 bedrooms with a 3rd room (intended as office) featuring double glass entry doors and furnished with comfortable king bed. Bathroom on the

    Carolyn Cannon Cannon & Gruber, Realtors

    Section Image
  • 209 S 11th St, Morehead City, NC 28557

    $2,555,595

    • 3 Beds
    • 3.5 Baths
    • 3,200 Sq Ft
    • 209 S 11th St
    • Morehead City, NC

    Luxurious Living in Morehead City.Discover unparalleled coastal living in this exquisite 3-bedroom home, perfectly situated on the pristine waterfront of Morehead City, North Carolina. This property offers the quintessential Outer Banks experience, blending breathtaking views with convenient access to all the charm and recreation this vibrant town has to offer. If you want the heart of Promise

    Jimmy Paylor RE/MAX Ocean Properties

    Section Image
  • 208 Radio Island Rd, Morehead City, NC 28557

    $2,250,000

    • 4 Beds
    • 4 Baths
    • 3,480 Sq Ft
    • 208 Radio Island Rd
    • Morehead City, NC

    Welcome to 208 Radio Island Road, a beautifully crafted new construction home nestled in the heart of Morehead City. Just minutes from the marina, beaches, and vibrant waterfront dining, this coastal gem offers the perfect blend of modern design and seaside charm. Step inside to find an open-concept layout with luxury vinyl plank flooring, abundant natural light, and custom finishes throughout.

    Jennifer Summers Team Keller Williams Innovate-Wilmington

    Section Image

Source: Hive MLS

MLS Number: 100473442

Hive MLS

APN: 6366.15.73.2771000