About This Home

This 3-bedroom, 2-bathroom condo at 402 Penny Lane #D in Morehead City, NC is listed for $299,900 ($205 per sqft). Built in 1999, the home offers 1,465 sqft of living space on a N/A lot.

Key Features

  • Built in 1999
  • Fireplace

Property Details

1 story
2 full
#D
1999

Amenities

Fireplace
Listing Description

Welcome to your coastal retreat in ''Fisherman's Paradise'' where sun, sand, and water await! Ideally located in the heart of Morehead City, this home is conveniently situated just minutes from Carteret Health Care for quick, easy access to medical assistance; the Morehead City Waterfront for dining, shopping, and entertainment; Big Rock Stadium fo

r Marlins' games and local events; the Sports Center; the Morehead City Country Club for golfing and amenities; Bogue Sound beach accesses, boat ramps, and kayak launches; Swinson and Shevans Parks for exercise and play; and Atlantic Beach and Fort Macon State Park for days of fun in the sun.

When it's time to retreat from it all, this impressive first-floor condo offers three bedrooms and two full bathrooms for easy, low-maintenance Crystal Coast living. This furnished, move-in-ready unit has LVP floors throughout the spacious primary living/dining area, which is accented by fresh paint, plentiful natural light, high ceilings, and a tiled gas fireplace.

In addition to these features, this home has new Anderson Windows and Gliding Patio Doors throughout for added efficiency and style. The kitchen is equipped with stainless steel appliances, a large pantry, and a pass-through that could be used as a breakfast bar.

What's more, the spacious primary bedroom overlooks the community retention pond and has en suite that includes a walk-in closet, as well as both a stand-up shower and a soaker tub. With a split floor plan, the secondary bedrooms and additional full bathroom are separate from the primary, providing further privacy and convenience.

Extending your living outside, the covered, enclosed patio, with a storage closet, is ideal for relaxing or entertaining family and friends while taking in the coastal breezes. This rarely available opportunity is perfect as a primary residence, a secondary getaway, or an income-producing rental, so don't let this Morehead City ''catch of the day'' slip away!

Monthly Cost Estimate

$6,764/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$87
HOA$5,160

Estimates only. Actual payments may vary.

Location

402 Penny Lane #D

Morehead City, NC 28557

Madisen Park

Features & Amenities

Interior Features

Master DownstairsWalk-in Closet(s)High CeilingsWhirlpoolCeiling Fan(s)FurnishedPantryReverse Floor PlanWalk-in ShowerBlinds/ShadesWalk-In Closet(s)

Property Details

Flooring

CarpetVinylLvt/lvpTile

Construction

Brick Veneer Vinyl Siding Wood Frame

Outdoor Features

Patio

Parking

Parking Lot

Heating

Heat Pump (Heating)Propane (Heating)Electric (Heating)Fireplace(s)

Cooling

Heat Pump

Appliances

Built-In MicrowaveWasherRefrigeratorDryerDouble OvenDisposalDishwasherElectric RangeWater Purifier

Questions & Answers

This 3-bedroom, 2-bathroom condo at 402 Penny Lane is listed at $299,900 ($205/sqft). The estimated monthly payment is $6,763 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $5160/month.

Key features include: Built in 1999, Fireplace. Interior Features: Master Downstairs, Walk-in Closet(s), High Ceilings.

This property is listed by The Star Team.

TT

The Star Team

License 263277

Agent at eXp Realty LLC

Listed by eXp Realty LLC · Broker phone: (888) 584-9431 · View on Broker Site · Broker website

MLS# 100586810· Source: Hive MLS· 117 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

402 Penny Lane #D, Morehead City, NC 28557

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