Wake up to water views and walk right onto your boat! Waterfront living in the heart of Morehead City.
This 3rd floor, 2 bedroom, 2 full bath condo offers water access on Peletier Creek with direct access to Bogue Sound and the Intracoastal Waterway.
Mariner's Cove provides assigned boat slips and boat storage included in the HOA, with slip assignments made by the dock master based on boat size and availability.
Enjoy stunning water views from the kitchen, living room, and primary bedroom, along with evening sunsets from your private balcony or the waterfront in-ground pool. The primary suite features an updated en-suite full bath and a walk-in closet. The property also includes a spacious walk-in laundry/tackle room for added convenience, complete with installed wall rod holders.
Mariner's Cove is exceptionally well maintained and offers true low-maintenance living in the heart of Morehead City. The proactive HOA has completed numerous capital improvements in recent years, including a new roof (2024), rebuilt waterfront pool with new liner, replacement of cedar siding along the entire waterfront-facing side of the building, enhanced landscaping throughout the community, and parking lot resurfacing (2026). Major exterior components have already been addressed, providing buyers with peace of mind.
Conveniently located near shopping, dining, downtown Morehead City, and world-class boating and fishing, this is a rare opportunity for direct boating access in one of the area's most convenient locations. Don't miss this opportunity.
Sold for $395,000
Zestimate®
$395,000
118 Lake Avenue #303, Morehead City, NC 28557
2beds
1,164sqft
Condominium
Built in 1980
-- sqft lot
$395,000 Zestimate®
$339/sqft
$1,561 Estimated rent
Home value
$395,000
$375,000 - $415,000
$1,561/mo
Zestimate® history
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List your homeWhat's special
Waterfront in-ground poolWater views
Zillow last checked:
Listing updated:
Listed by:
Rhonda Cummings 252-217-5083,
Keller Williams Crystal Coast
Bought with:
Rhonda Cummings, 351857
Keller Williams Crystal Coast
Source: Hive MLS,MLS#: 100547523
Originating MLS: Carteret County Association of Realtors
Originating MLS: Carteret County Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Master Bedroom, Living Room, Bedroom 2, Laundry
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Washer, Refrigerator, Dryer, Electric Range
- Laundry: Laundry Room
Features
- Walk-in Closet(s), Ceiling Fan(s), Pantry, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
- Flooring: LVT/LVP, Carpet
Interior area
- Total structure area: 1,164
- Total interior livable area: 1,164 sqft
Property
Parking
- Parking features: Parking Lot, Asphalt, On Site
Features
- Levels: One
- Patio & porch: Covered, Balcony
- Exterior features: Gas Grill, Cluster Mailboxes
- Pool features: In Ground
- Fencing: None
- Has view: Yes
- View description: Creek/Stream, Sound, Water
- Has water view: Yes
- Water view: Creek/Stream,Sound,Water
- Waterfront features: Water Access Comm, Water Depth 4+
- Frontage type: Creek
Lot
- Features: Boat Slip, Boat Dock, Navigable Water, Water Access Comm, Water Depth 4+
Details
- Parcel number: 636615730732303
- Zoning: PD
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Cedar, Vinyl Siding, Wood Frame
- Foundation: Other, Pilings
- Roof: Shingle
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Mariner Cove
HOA
- Has HOA: Yes
- Amenities included: Roof Maintenance, Waterfront Community, Barbecue, Boat Dock, Boat Slip - Assigned, Pool, Dog Park, Flood Insurance, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Maintenance Structure, Meeting Room, Pest Control, RV/Boat Storage, Sewer, Sidewalks, Street Lights, Trash, Water, Cable TV
- HOA fee: $6,780 annually
- HOA name: Mariner Cove HOA
- HOA phone: 252-723-2721
Location
- Region: Morehead City
Financial & listing details
- Price per square foot: $339/sqft
- Tax assessed value: $334,185
- Annual tax amount: $1,994
- Date on market: 1/21/2026
- Cumulative days on market: 123 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Sold | $395,000-1.2%$339/sqft |
Source:  Hive MLS #100547523 Report a problem | ||
| 5/20/2026 | Pending sale | $399,900$344/sqft |
Source: Hive MLS #100547523 Report a problem | ||
| 4/19/2026 | Price change | $399,900-1.3%$344/sqft |
Source: Hive MLS #100547523 Report a problem | ||
| 3/2/2026 | Price change | $405,000-1.7%$348/sqft |
Source: Hive MLS #100547523 Report a problem | ||
| 2/9/2026 | Price change | $412,000-1.9%$354/sqft |
Source: Hive MLS #100547523 Report a problem | ||
| 1/21/2026 | Listed for sale | $420,000$361/sqft |
Source: Hive MLS #100547523 Report a problem | ||
| 1/15/2026 | Contingent | $420,000$361/sqft |
Source: Hive MLS #100547523 Report a problem | ||
| 1/9/2026 | Pending sale | $420,000$361/sqft |
Source: Hive MLS #100547523 Report a problem | ||
| 1/6/2026 | Listed for sale | $420,000+106.9%$361/sqft |
Source: Hive MLS #100547523 Report a problem | ||
| 6/29/2017 | Sold | $203,000$174/sqft |
Source: Hive MLS #100012946 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,995 +20.6% | $334,185 +61.2% |
| 2024 | $1,653 +129.6% | $207,360 |
| 2023 | $720 +3% | $207,360 |
| 2022 | $699 | $207,360 |
| 2021 | $699 | $207,360 |
| 2020 | -- | $207,360 +15.2% |
| 2019 | -- | $180,000 |
| 2017 | -- | $180,000 |
| 2016 | $573 | $180,000 |
| 2015 | $573 +3.2% | $180,000 -25% |
| 2014 | $555 | $240,000 |
| 2013 | -- | $240,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | $230,000 |
| 2009 | -- | $230,000 |
Find assessor info on the county website
Neighborhood: 28557
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Nearby schools
GreatSchools rating
- 8/10Morehead City Primary SchoolGrades: PK-3Distance: 0.4 mi
- 5/10West Carteret High SchoolGrades: 8-12Distance: 0.7 mi
- 5/10Morehead Elementary At Camp GlennGrades: 4-5Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Morehead City Elem
- Middle: Morehead City
- High: West Carteret
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$395,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$395,000
- North Carolina
- Carteret County
- Morehead City
- 28557
- 118 Lake Avenue Unit 303
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