Under contract

Price cut: $20K (6/8)

$375,000

113 Reef Ln, Grandy, NC 27939

2beds

1,332sqft

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Single Family Residence

Built in 2026

-- sqft lot

$394,100 Zestimate^®

$282/sqft

$11/mo HOA

What's special

Abundant natural lightLuxury flooringTwo en suitesElevated waterfront retreatSpacious breakfast barWet barGranite countertops

Experience coastal living at its finest in this stunning new construction canal-front home with direct access to the Currituck Sound. This elevated waterfront retreat blends modern style with easy indoor-outdoor living. The open-concept main level features luxury flooring, abundant natural light, and seamless flow between the living, dining, and kitchen areas—perfect for entertaining or relaxing after a day on the water. The kitchen offers granite countertops, custom cabinetry, and a spacious breakfast bar. The great room showcases an electric fireplace, wet bar, and access to a private deck overlooking the canal. Two en suites provide flexible living, including a primary suite with deck access. An office/flex space adds versatility. Enjoy an outdoor shower, covered parking, enclosed storage, and direct canal access for boating and paddling.

132 days

379

16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Range, Electric Water Heater
Laundry: Dryer Hookup, Washer Hookup

Features

Bar, Walk-In Closet(s)
Flooring: Laminate/LVP
Number of fireplaces: 1
Fireplace features: Electric

Interior area

Total interior livable area: 1,332 sqft

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Property

Parking

Parking features: Carport
Has carport: Yes

Features

Stories: 2
Pool features: None
Fencing: None
On waterfront: Yes
Waterfront features: Bulkhead, Canal Front

Details

Parcel number: 107B0II00060007

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Other, Vinyl Siding
Foundation: Other
Roof: Metal

Condition

New construction: Yes
Year built: 2026

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: Walnut Island

HOA

Has HOA: Yes
HOA fee: $11 monthly

Location

Region: Grandy

Financial & listing details

Price per square foot: $282/sqft
Tax assessed value: $18,800
Annual tax amount: $117
Date on market: 2/20/2026

Estimated market value

$394,100

$374,000 - $414,000

$2,244/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2024	$117 +20.3%	$18,800 +8.7%
2023	$97 +21.7%	$17,300
2022	$80	$17,300
2021	$80 +1.7%	$17,300 +6.1%
2020	$78	$16,300
2019	$78 -66.2%	$16,300
2018	$231	$16,300
2017	--	$16,300
2016	--	$16,300
2015	--	$16,300

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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