




113 Lake Avenue, Morehead City, NC, 28557
About This Home
Prime waterfront location! Incredible parcel on Peletier Creek with 9 existing boat slips approved for a 9 condonimium project. If a buyer would prefer an improvement other than the approved condominiums, consideration of other options is made easier by the existing boundary survey that is part of the Rezoning Map. Please see documents for Rezoning Map with project details as well as approved Town of Morehead Rezoning Ordinance. *Small dwelling currently in place of no value. Also listed under land listing MLS# 100544233
Getting Around
Schools
Construction
Condition
- Year built: 1943
Materials
- Foundation: Crawl Space
- Roof: Shingle
- Construction materials: Wood Frame,See Remarks
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- None
Heating & Cooling
- Heating features: Heat Pump,Electric
- Cooling features: Heat Pump
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 636615732771000
- Zoning: OP-CZ
- Special condition: Standard
Features
- Levels: One
- Patio & porch: None
- Fencing: Chain Link
- Has view: Yes
- View description: Creek/Stream,Water
- Has water view: Yes
- Water view: Creek/Stream,Water
- On waterfront: Yes
- Waterfront features: Harbor,Sound Side,Water Depth 4+
- Frontage type: Creek
- Living area range: 0 - 200
Lot
- Lot size: 0.76 Acres
- Features: Boat Dock,Harbor,Sound Side,Water Depth 4+
- Lot size dimensions: See Plat Map in Documents
Parking
- Total spaces: 1
- Parking features: On Site
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Winter Weather
- Lightning
- Coastal Flooding
- Heat Wave
- Ice Storm
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Carteret County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,354 | $112,248 |
| Home Insurance * | $435 | $5,220 |
| Property Taxes | $1,447 | $17,364 |
| Electricity | $200 | $2,405 |
| Total | $11,436 | $137,232 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Price change | $1,850,000 |
| 2026-01-08 | Price change | $1,900,000 |
| 2025-12-05 | Listed for sale | $1,950,000 |
| 2025-08-30 | Listing removed | $2,350,000 |
| 2024-11-01 | Listed for sale | $2,350,000 |
| 2022-11-18 | Sold | $1,300,000 |
For Sale by Agent
