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$405,000
59 Days On Site

118 Lake Avenue 303
Morehead City, NC 28557

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,164
SqFt
$348
/SqFt
1980
Built
Subdivision:
Mariner Cove
County:
Carteret
Call Now: 910-241-0404
Is this the listing for you? We can help make it yours.
910-241-0404
Upcoming Open Houses
Sat, Mar 7, 10:00 AM - 12:00 PM
118 Lake Avenue 303118 Lake Avenue 303118 Lake Avenue 303118 Lake Avenue 303
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Mortgage Calculator

Monthly Payment (Est.)

$1,848
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

This waterfront 3rd floor, 2 bedroom, 2 full bath condo in the heart of Morehead City is back on the market due to buyer circumstances, not property condition. A recent home inspection is available upon request, offering transparency and peace of mind. Waterfront living in the heart of Morehead City. This 3rd floor, 2 bedroom, 2 full-bath condo offers direct water access on Peletier Creek with direct access to Bogue Sound and the Intracoastal Waterway. Mariner's Cove offers 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 the stunning water views from the kitchen, living room, primary bedroom, along with evening sunsets overlooking the water from the balcony or the waterfront in ground pool. The primary suite features an updated en-suite full bathroom, and a walk-in closet. The property also includes a walk-in laundry/tackle room for added convenience. Mariner's Cove is exceptionally well maintained, with proactive HOA management and consistent capital improvements over the past few years. Recent updates include a new roof (2024), rebuilt waterfront pool with new liner, replacement of the cedar siding along the entire waterfront facing side of the building, and enhanced landscaping throughout the community. Major exterior components have already been addressed, offering buyers true low maintenance waterfront living. Conveniently located close to shopping, dining, downtown Morehead City, and world class boating and fishing. Rentals are not permitted, helping preserve the quiet, residential feel of the community. A rare opportunity for direct boating access in one of Morehead City's most convenient locations. Don't miss out on this one!

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Listing Snapshot
Price 
$405,000
Days On Site 
59 Days
Bedrooms 
2
Inside Area (SqFt) 
1,164 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1980
MLS® Number 
100547523
Status 
Active
Property Tax 
$1,994.5
HOA/Condo/Coop Fees 
$565 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoPrice changed to $405,000
3 days agoListing updated with changes from the MLS®
a month agoStatus changed to Active
2 months agoListing first seen on site
General Features
Foundation 
OtherPillar/Post/Pier
Levels 
One
Parking 
Parking LotAsphaltOn Site
Pets 
Yes
Property Sub Type 
Condominium
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1164
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Zoning 
PD
Interior Features
Appliances 
WasherRefrigeratorDryerElectric RangeElectric Water Heater
Cooling 
Central Air
Flooring 
Carpet
Furnished 
Negotiable
Heating 
ElectricHeat Pump
Interior 
Walk-In Closet(s)Ceiling Fan(s)Pantry
Laundry Features 
Laundry Room
Window Features 
Window Coverings
Bedroom 2 
Level - Main
Kitchen 
Level - Main
Laundry 
Level - Main
Living Room 
Level - Main
Master Bedroom 
Level - Main
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Exterior Features
Construction Details 
CedarVinyl Siding
Exterior 
Gas GrillDockBoat SlipBalcony
Fencing 
None
Patio And Porch 
Covered
Pool Features 
In Ground
Road Frontage 
City StreetState Road
Roof 
Shingle
View 
SoundWaterCreek/Stream
Waterfront 
Yes
Waterfront Features 
Creek
Waterview 
SoundWaterCreek/Stream
Windows/Doors 
Window Coverings
Community Features
Accessibility Features 
Accessible Full Bath
Association Amenities 
BarbecueBoat DockDog ParkMaintenance GroundsMaintenance StructureMeeting RoomRV/Boat StorageTrashWaterCable TV
Association Dues 
6780
Community Features 
PoolSidewalksStreet Lights
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Annually
Roads 
Paved
Schools
School District
Unknown
Elementary School
Morehead City Elem
Middle School
Morehead City
High School
West Carteret
Listing courtesy of Rhonda Cummings of Keller Williams Crystal Coast



The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-03-06 01:41 AM UTC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright 2026 Hive MLS

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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