$395,000

Sold Jun 23, 2026

2 bd · 2 ba · 1,164 sq ft

118 Lake Avenue 303

Morehead City, NC, 28557 · Mariner Cove

Hive MLSListed by Keller Williams Crystal Coast

Sale details

Sold price
$395,000
Sold on
Jun 23, 2026
First listed at
$420,000
Last asking price
$399,900 (−4.8%)
Sold vs. first asking
94%
Sold vs. last asking
98.8%
Days on market
123

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About this home

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.

Facts

Type
Condominium
Year built
1980
HOA
$6,780 / annually
Community
Mariner Cove
County
Carteret
MLS #
100547523

Features

Inside

  • Walk-in Closet(s)
  • Ceiling Fan(s)
  • Pantry
  • Walk-in Shower
  • Blinds/Shades
  • Walk-In Closet(s)
  • LVT/LVP
  • Carpet
  • Washer
  • Refrigerator
  • Dryer
  • Electric Range

Outside

  • Gas Grill
  • Cluster Mailboxes
  • Boat Slip
  • Boat Dock
  • Navigable Water
  • Water Access Comm
  • Water Depth 4+
  • Creek
  • Sound
  • Water
  • Creek/Stream

Community

  • Roof Maintenance
  • Waterfront Community
  • Barbecue
  • Boat Dock
  • Boat Slip - Assigned
  • Community Pool
  • Dog Park
  • Flood Insurance
  • Maintenance Common Areas
  • Maintenance Grounds
  • Maintenance Roads
  • Maintenance Structure
  • Meeting Room
  • Pest Control
  • RV/Boat Storage
  • Sewer

Parking

  • Parking Lot
  • Asphalt
  • On Site

Heating & cooling

  • Electric
  • Heat Pump
  • Central Air

Schools

Elementary
Morehead City Elem
Middle
Morehead City
High
West Carteret

As listed in the MLS. School assignments can change — confirm with the district for this address.

About 118 Lake Avenue 303

118 Lake Avenue 303 is a 2-bedroom, 2-bath condo of about 1,164 square feet, built in 1980 in Mariner Cove, Morehead City, Carteret County, NC 28557.

At $399,900, it's 60% above the median asking price ($250,000) of the 19 other 2-bedroom listings for sale in Morehead City today.

That's about $344 per square foot, compared with a Morehead City median of $238.

1 home sold there in the last 12 months at a median of $395,000, typically in about 153 days.

Across ZIP 28557, 92 2-bedroom homes sold in the past year at a median of $187,500.

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Questions about 118 Lake Avenue 303

How much is 118 Lake Avenue 303?

118 Lake Avenue 303 is listed at $399,900 (about $344 per square foot) as of September 26, 2026. Status: closed.

How many bedrooms and bathrooms does 118 Lake Avenue 303 have?

2 bedrooms and 2 bathrooms, with about 1,164 square feet.

What neighborhood is 118 Lake Avenue 303 in?

Mariner Cove, in Morehead City, Carteret County, North Carolina.

What have homes sold for in Mariner Cove?

1 home sold in Mariner Cove in the last 12 months, at a median price of $395,000.

Is 118 Lake Avenue 303 waterfront?

Yes — the MLS lists it as a waterfront property.

Does 118 Lake Avenue 303 have an HOA fee?

Yes: $6,780 (annually), per the MLS.

When was 118 Lake Avenue 303 built?

1980.

Who is the listing broker for 118 Lake Avenue 303?

Keller Williams Crystal Coast (MLS #100547523). The Buddy Blake Team can show it to you and answer questions.

Listing provided by Keller Williams Crystal Coast via Hive MLS.