$399,900
118 Lake Avenue 303
Morehead City, NC 28557
MLS# 100547523
2 beds  |  2 baths  |  1164 sqft


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Property Description
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.

Details
Property Interior Info
ud_i_10: 3
Total SqFt - Heated (Primary + Separate): 1164
# Rooms: 5
# Baths - Full: 2
# Baths - Half: 0
# Baths - Total: 2
Master Bedroom Level: Primary Living Area
Fireplace Y/N: No
SqFt - Heated (Primary): 1164
# Bedrooms: 2
Contract Info
Sub-Type: Condominium
Construction Type: Stick Built
List Price/SqFt: 343.56
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-01-05
Listing Price: 399900
Current Price: $399,900
Location Information
Unit #: 303
City Limits: Yes
Marketing City: Morehead City
Secondary Subdivision: N/A
Street #: 118
Street Name: Lake
Street Suffix: Avenue
County: Carteret
State/Province: NC
Zip Code: 28557
Subdivision: Mariner Cove
Geo Lat: 34.729059
Geo Lon: -76.779308
Remarks and Showing
Sign on Property: No
Directions to Property: Arendell St/Hwy 70 East turn right onto Lake Ave, follow to Mariner Cove on the right. Unit 303 is located on the 3rd floor
Property Exterior Info
New Construction: No
Lot Acres: 0
Lot SqFt: 0
Waterfront: Yes
Waterview: Yes
Location Type: Mainland
Horses Y/N: No
Legal & Taxes
Tax Assessed Value: 334185
Total Real Estate Property Taxes: 1994.5
Deed Book: 1580
Deed Page: 224
Legal: U303 BA P1 MARINER'S COVE
Broker Owner: No
PID: 636615730732303
Tax Identifier: 636615730732303
Plat Book: 10C
Plat Page: 29-57
Special Assessments: none- confirm with HOA
Tax Year: 2025
Zoning: PD
HOA: Yes
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Morehead City Elem
Middle School: Morehead City
High School: West Carteret
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Parking Features
Asphalt: 1
On Site: 1
Parking Lot: 1
HOA and Neigh Amenities
Barbecue: 1
Boat Dock: 1
Boat Slip - Assign: 1
Cable TV: 1
Community Pool: 1
Dog Park: 1
Flood Insurance: 1
Maint - Comm Areas: 1
Maint - Grounds: 1
Maint - Roads: 1
Maintenance Structure: 1
Meeting Room: 1
Pest Control: 1
Roof Maintenance: 1
RV/Boat Storage: 1
Sewer: 1
Sidewalk: 1
Street Lights: 1
Trash: 1
Water: 1
Waterfront Community: 1
HOA
Association Fee 1/Year: 6780
Association Name: Mariner Cove HOA
Association Phone: 2527232721
Frontage Type
Creek: 1
View Type
Creek/Stream: 1
Sound View: 1
Water: 1
Construction
Wood Frame: 1
Unit Type
2 Bedroom: 1
Lot Water Features
Boat Slip: 1
Boat Dock: 1
Navigable Water: 1
Water Access Comm: 1
Water Depth 4+: 1
Exterior Features
Cluster Mailboxes: 1
Gas Grill: 1
Current Service Providers
Electric Provider: Carteret-Craven Electric Cooperative
Sewer Provider: City of Morehead City
Water Provider: City of Morehead City
Exterior Finish
Vinyl Siding: 1
Cedar: 1
Terms
Cash: 1
Conventional: 1
Fencing
None: 1
Foundation
Pilings: 1
Flooring
Carpet: 1
LVT/LVP: 1
Patio and Porch Features
Balcony: 1
Covered: 1
Pool Features
In Ground: 1
Roof
Shingle: 1
Levels
One: 1
Entry Level Information
Entry Level: 3
Road Type/Frontage
Maintained: 1
Paved: 1
Public (City/Cty/St): 1
Trash Collection
City Pick-UP: 1
Cooling
Central Air: 1
Heated SqFt
1000 - 1199: 1
Heating
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Sewer Connected: 1
Water Connected: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Appliances/Equip
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Furnished
Negotiable: 1
Interior Features
Blinds/Shades: 1
Ceiling Fan(s): 1
Pantry: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Laundry Features
Laundry Room: 1
Dining Room Type
Combination: 1
Pets Allowed
Pets Allowed: Yes
Rooms
Bedroom 2: 1
Bedroom 2 Level: Main
Kitchen: 1
Kitchen Level: Main
Laundry: 1
Laundry Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Legal Taxes
Year Built: 1980
Property Features
Frontage Type: Creek
View Type: Creek/Stream; Sound View; Water
Construction: Wood Frame
Unit Type: 2 Bedroom
Exterior Features: Cluster Mailboxes; Gas Grill
Exterior Finish: Vinyl Siding; Cedar
Fencing: None
Foundation: Pilings
Parking Features: Asphalt; On Site; Parking Lot
Patio and Porch Features: Balcony; Covered
Pool Features: In Ground
Roof: Shingle
Levels: One
Trash Collection: City Pick-UP
Lot Water Features: Boat Dock; Navigable Water; Water Access Comm; Water Depth 4+
Cooling: Central Air
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Connected; Water Connected
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: Carpet; LVT/LVP
Furnished: Negotiable
Interior Features: Blinds/Shades; Ceiling Fan(s); Pantry; Walk-in Shower; Walk-In Closet(s)
Laundry Features: Laundry Room
Heated SqFt: 1000 - 1199
Dining Room Type: Combination
HOA and Neigh Amenities: Barbecue; Boat Dock; Boat Slip - Assign; Cable TV; Community Pool; Dog Park; Flood Insurance; Maint - Comm Areas; Maint - Grounds; Maint - Roads; Maintenance Structure; Meeting Room; Pest Control; RV/Boat Storage; Sidewalk; Street Lights; Trash; Water; Waterfront Community
Rooms: Bedroom 2; Kitchen; Laundry; Living Room; Master Bedroom
Terms: Cash; Conventional
Room Information
Room Name Level
Master BedroomMain
Living RoomMain
KitchenMain
Bedroom 2Main
LaundryMain

IDX
Listing Office: Keller Williams Crystal Coast

Last Updated: April - 19 - 2026

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