113 Lake Avenue, Morehead City, NC 28557 – MLS# 100473495

Property Map

$2,350,000 – 113 Lake Avenue, Morehead City, NC 28557

Street View

$2,350,000
0.76 Acre Lot
33,106 Sqft Lot
Status Active
Property Type Residential Land
Price Type
Days on Website 180

Courtesy of Bailey Basnight Real Estate, Coldwell Banker Sea Coast AB

Description

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!

HOA Amenities

Property Details and Features

Property Access

  • Road Type/Frontage: Maintained,Public (City/Cty/St)

Disclosures

  • Unknown

Fence

  • Chain Link

Home Owner’s Association

  • HOA: No

Listing

  • Sub-Type: Residential Land
  • Listed on 2024-10-30
  • List Price/Acre: $3,092,105
  • Terms: 1031 Exchange,Cash,Conventional

Location

  • Zip Code: 28557
  • Latitude: 34.728943
  • Longitude: -76.778755
  • Subdivision: Not In Subdivision
  • City Limits: Yes

Lot

  • 33,106 sqft lot
  • Water Frontage: 133
  • Lot Dimensions: 286x133x280x120
  • 0.76 total acre
  • Lot Water Features: Boat Dock,Harbor,Waterfront Comm,Water Depth 4+,Sound Side,Boat Slip
  • Topography: Cleared,Level

Possession

  • At Closing

Property

  • Zoning: Res./Multi Fam
  • Waterview
  • Waterfront
  • Bldgs on Property: Garage,Workshop,Main House
  • Soil Evaluation: Soil Evaluation – Yes

Taxes

  • Tax Assessed Value: $825,459
  • City Tax Rate: 936
  • Deferred Taxes: No
  • Tax Year: 2024

Utilities

  • Municipal Sewer
  • Municipal Water
  • Fuel Tank: None

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