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For sale
  • $299,900

    402 Penny Lane #D, Morehead City, NC 28557

    3beds
    1,465sqft
    : 
    $2,174/mo
    Get pre-qualified
    Condominium
    Built in 1999
    -- sqft lot
    $289,000 Zestimate®
    $205/sqft
    $430/mo HOA

    What's special

    Tiled gas fireplaceHigh ceilingsPlentiful natural lightFresh paintLarge pantryThree bedroomsFurnished move-in-ready unit
    Welcome to your coastal retreat in ''Fisherman's Paradise'' where sun, sand, and water await! Ideally located in the heart of Morehead City, this home is conveniently situated just minutes from Carteret Health Care for quick, easy access to medical assistance; the Morehead City Waterfront for dining, shopping, and entertainment; Big Rock Stadium for Marlins' games and local events; the Sports Center; the Morehead City Country Club for golfing and amenities; Bogue Sound beach accesses, boat ramps, and kayak launches; Swinson and Shevans Parks for exercise and play; and Atlantic Beach and Fort Macon State Park for days of fun in the sun. When it's time to retreat from it all, this impressive first-floor condo offers three bedrooms and two full bathrooms for easy, low-maintenance Crystal Coast living. This furnished, move-in-ready unit has LVP floors throughout the spacious primary living/dining area, which is accented by fresh paint, plentiful natural light, high ceilings, and a tiled gas fireplace. In addition to these features, this home has new Anderson Windows and Gliding Patio Doors throughout for added efficiency and style. The kitchen is equipped with stainless steel appliances, a large pantry, and a pass-through that could be used as a breakfast bar. What's more, the spacious primary bedroom overlooks the community retention pond and has en suite that includes a walk-in closet, as well as both a stand-up shower and a soaker tub. With a split floor plan, the secondary bedrooms and additional full bathroom are separate from the primary, providing further privacy and convenience. Extending your living outside, the covered, enclosed patio, with a storage closet, is ideal for relaxing or entertaining family and friends while taking in the coastal breezes. This rarely available opportunity is perfect as a primary residence, a secondary getaway, or an income-producing rental, so don't let this Morehead City ''catch of the day'' slip away!
    38 days
    |
    317
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Star Team 252-727-5656,

    eXp Realty

    Source: Hive MLS,MLS#: 100586810MLS LogoOriginating MLS: Carteret County Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Living Room, Breakfast Nook, Master Bedroom, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Laundry
      Primary bedroom
      • Level: First
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: First
      Bathroom 1
      • Level: First
      Bathroom 2
      • Level: First
      Breakfast nook
      • Level: First
      Kitchen
      • Level: First
      Laundry
      • Level: First
      Living room
      • Level: First
      Heating
      • Propane, Heat Pump, Fireplace(s), Electric
      Cooling
      • Heat Pump
      Appliances
      • Included: Built-In Microwave, Washer, Refrigerator, Dryer, Double Oven, Disposal, Dishwasher, Electric Range, Water Purifier
      • Laundry: Dryer Hookup, Washer Hookup, Laundry Room
      Features
      • Master Downstairs, Walk-in Closet(s), High Ceilings, Whirlpool, Ceiling Fan(s), Furnished, Pantry, Reverse Floor Plan, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
      • Flooring: LVT/LVP, Carpet, Tile, Vinyl
      • Attic: None
      • Furnished: Yes
      Interior area
      • Total structure area: 1,465
      • Total interior livable area: 1,465 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Parking Lot, Asphalt, Lighted, On Site, Paved
      Features
      • Levels: One
      • Patio & porch: Covered, Patio, Screened
      • Fencing: None
      • Has view: Yes
      • View description: Pond
      • Has water view: Yes
      • Water view: Pond
      • Waterfront features: Pond
      • Frontage type: Pond Front
      Details
      • Parcel number: 63761434813900d
      • Zoning: Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Brick Veneer, Vinyl Siding, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1999

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Madisen Park
      HOA
      • Has HOA: Yes
      • Amenities included: Roof Maintenance, Elevator(s), Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Street Lights, Trash
      • HOA fee: $5,160 annually
      • HOA name: Madisen Court, COA
      • HOA phone: 252-342-2204
      Location
      • Region: Morehead City

      Financial & listing details

      • Price per square foot: $205/sqft
      • Tax assessed value: $240,102
      • Annual tax amount: $1,460
      • Date on market: 7/6/2026
      • Cumulative days on market: 38 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $289,000

        $275,000 - $303,000

        $1,788/mo

        Price history

        DateEventPrice
        7/6/2026Listed for sale$299,900+17.1%$205/sqft
        Source: eXp Realty #100586810 Report a problem
        5/28/2024Sold$256,000-3.4%$175/sqft
        Source: Hive MLS #100437430 Report a problem
        4/22/2024Pending sale$265,000$181/sqft
        Source: Hive MLS #100437430 Report a problem
        4/8/2024Listed for sale$265,000+18.3%$181/sqft
        Source: Hive MLS #100437430 Report a problem
        2/1/2023Sold$224,100+0%$153/sqft
        Source: Hive MLS #100358482 Report a problem
        2/1/2023Pending sale$224,000$153/sqft
        Source: RE/MAX International #100358482 Report a problem
        2/1/2023Listing removed--
        Source: RE/MAX International Report a problem
        1/13/2023Pending sale$224,000$153/sqft
        Source: RE/MAX International #100358482 Report a problem
        1/5/2023Listing removed--
        Source: Zillow Rentals Report a problem
        1/5/2023Listed for sale$224,000$153/sqft
        Source: RE/MAX International #100358482 Report a problem
        1/5/2023Pending sale$224,000$153/sqft
        Source: Hive MLS #100358482 Report a problem
        1/2/2023Price change$224,000-2.2%$153/sqft
        Source: Hive MLS #100358482 Report a problem
        12/16/2022Listed for rent$1,650$1/sqft
        Source: Zillow Rentals Report a problem
        11/22/2022Price change$229,000-4.5%$156/sqft
        Source: Hive MLS #100358482 Report a problem
        11/16/2022Listed for sale$239,900+59.4%$164/sqft
        Source: Hive MLS #100358482 Report a problem
        11/23/2020Sold$150,500+60.1%$103/sqft
        Source: Public Record Report a problem
        2/26/2015Sold$94,000-41.3%$64/sqft
        Source: Public Record Report a problem
        9/23/2005Sold$160,000$109/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,461 +70.4%$240,102 +137.3%
        2024$857 +138.7%$101,200
        2023$359 +2.9%$101,200
        2022$349 $101,200
        2021$349 $101,200
        2020-- $101,200 +18.4%
        2019$280 $85,500
        2017$280 $85,500
        2016$280 $85,500
        2015$280 +3.1%$85,500 -41.8%
        2014$272 $147,000
        2013-- $147,000
        2012-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28557

        Getting around

        32 / 100
        Car-Dependent
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Morehead City Primary
        • 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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