118 Lake Avenue 303, Morehead City, NC 28557

• 2 beds |
• 2 baths |
• 1,164 sqft

Property Description

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!

Listing Status:

Active

Date Added:

January 21, 2026

Data Last Updated:

March 12, 2026 at 7:18AM

Listing Office:

Keller Williams Crystal Coast : 252-515-7291

MLS ID:

100547523

Interior

• General: Walk-in Closet(s)Ceiling Fan(s)PantryWalk-in ShowerBlinds/ShadesWalk-In Closet(s)
• Master Bedroom: Primary Living Area
• Appliances: WasherRefrigeratorDryerElectric Range
• Laundry: Laundry Room
• Flooring: LVT/LVPCarpet
• A/C: Central Air
• Heating: ElectricHeat PumpElectric

Exterior

• General: Gas GrillCluster Mailboxes
• Other Structures: BalconyCovered
• Pool: In Ground
• Parking: Parking LotAsphaltOn SiteParking spaces: 0

Construction

• Roofing: Shingle
• General: CedarVinyl SidingOneOtherPilings

Location

• Road/Access: MaintainedCity StreetState RoadPavedCreek
• HOA Amenities: Roof MaintenanceWaterfront CommunityBarbecueBoat DockBoat Slip - AssignedCommunity PoolDog ParkFlood InsuranceMaintenance Common AreasMaintenance GroundsMaintenance RoadsMaintenance StructureMeeting RoomPest ControlRV/Boat StorageSewerSidewalksStreet LightsTrashWaterCable TV6780.0Annually
• Originating MLS: Hive MLS
• County: Carteret

Lot

• Zoning: PDU303 BA P1 MARINER'S COVE636615730732303
• View: CreekSoundWaterCreek/Stream
• Fencing: None

Utilities

• Utilities: Sewer ConnectedWater Connected
• Water: Public
• Sewer: Municipal SewerCity of Morehead City

Financial

• Source: Hive MLS