108 days on market
Aerial flyover rendering — usually ready in a couple minutes.
$375,000
113 Reef Ln
Grandy, North Carolina 27939
MLS# 10621017 · WALNUT ISLAND · Currituck County NC
Updated yesterday · Source: REIN MLS
Est. payment
$2,065/mo
Edit below
Price / sq ft
$300
1,250 sq ft
Days on market
108
HOA
None
Year built
2026
0 yrs old
Beds
2
Full Baths
2
Half Baths
0
Sq Ft
1,250
Garage
No
Schools
- ElementaryW T Griggs Elementary—
- MiddleCurrituck County Middle—
- HighCurrituck County—
Info provided by GreatSchools
About this home
Experience coastal living at its finest in this stunning new construction canal-front home with direct access to the Currituck Sound. This elevated waterfront retreat blends modern style with easy indoor-outdoor living. The open-concept main level features luxury flooring, abundant natural light, and seamless flow between the living, dining, and kitchen areas—perfect for entertaining or relaxing after a day on the wa…
Listed by Erin Nixon · Hall & Nixon Real Estate Inc
VaHome Team property overview
113 Reef Lane is a newly built 2-bedroom, 2-bath home in Grandy's Walnut Island community, offering 1,250 square feet of fresh construction on North Carolina's Currituck County mainland — a quiet launching pad for Outer Banks living without the island price tag.
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Why this home stands out
Built in 2026, this home hasn't had a previous owner — everything from the systems to the surfaces is brand new. Walnut Island is a tight-knit waterfront-adjacent community along the Currituck Sound corridor, and Reef Lane sits close enough to the water to feel the coastal breeze without the flood-zone anxiety that comes with barrier island addresses. Two full baths for two bedrooms is a practical luxury that makes guests and remote workers equally comfortable.
WALNUT ISLAND and the Grandy real estate market
Walnut Island is a small residential community tucked along the Currituck Sound waterway in Grandy, North Carolina — part of Currituck County's quiet mainland stretch that connects the Outer Banks to the rest of the world. The neighborhood has a laid-back, unhurried character: modest lots, water nearby, and neighbors who tend to know each other by name. Grandy itself sits on US-158, the main artery that feeds traffic south toward the Wright Memorial Bridge and the Outer Banks, so you're never far from the coast even if you're not paying coastal prices. The surrounding area blends year-round residents with folks who've discovered that Currituck County mainland offers genuine value for buyers who want proximity to the beach without committing to a full Outer Banks address. It's the kind of place where a short drive gets you to world-class fishing, kayaking, and National Wildlife Refuge land, and where the pace of daily life stays refreshingly slow. Walnut Island homes for sale don't come up often, and new construction here is genuinely rare.
What's nearby
Daily errands are handled quickly from Reef Lane. A Food Lion grocery store and Food Lion Pharmacy are both just 0.6 miles away, and a Dollar General is at the same distance for quick fill-ins. Barry's Walnut Island Restaurant and Lodge is a 0.3-mile walk — a local institution that doubles as a neighborhood anchor. Hardee's and Dunkin' are both 0.4 miles out for morning routines. McDonald's is half a mile away, and The Sitting Duck, a local coffee shop with personality, is under a mile. Walnut Island Park is 0.4 miles from the front door — an easy walk for evenings outside.
For different buyers
For first-time buyers
New construction means no surprises — no aging roof to budget for, no outdated wiring, no deferred maintenance inherited from a previous owner. At 1,250 square feet with two full baths, 113 Reef Lane is sized right for a first home: manageable, efficient, and genuinely easy to maintain. You're also buying into a quiet community where the pace of life makes the learning curve of homeownership a little less stressful.
For buyers drawn to character
There aren't many newly built homes dropping into an established waterfront-adjacent community like Walnut Island — most of what trades here is older stock. If you want the character of a Sound-corridor neighborhood with the peace of mind that comes from 2026 construction, this is a rare combination. Reef Lane puts you in a place with real local identity: a neighborhood restaurant steps away, a park down the road, and the Currituck Sound corridor as your backyard context.
Frequently asked questions
How far is 113 Reef Lane from Dam Neck Annex?
Dam Neck Annex is approximately 77 minutes from 113 Reef Lane, heading north through Currituck County and into Virginia Beach. The drive follows US-158 and connects through the Hampton Roads Bridge-Tunnel corridor.
What is the flood zone status for 113 Reef Lane in Grandy?
Flood zone information for this address is displayed in the FloodRisk tile on this page — check there for the current FEMA designation and what it means for insurance requirements.
Is 113 Reef Lane part of an HOA?
Walnut Island does have an HOA — confirm current dues and any community rules with your agent during the due diligence period.
How close is 113 Reef Lane to the Outer Banks?
The Wright Memorial Bridge and the start of the Outer Banks is roughly 20 to 25 minutes south via US-158, making day trips to the beach straightforward from Reef Lane.
What year was 113 Reef Lane built?
113 Reef Lane was built in 2026, making it brand-new construction with no prior ownership history.
Ready to walk through 113 Reef Lane? Tom and Dariya Milan at LPT Realty know Currituck County well — reach out and they'll set it up.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
2
Full Baths
2
Half Baths
0
Approx Sq Ft
1,250
Stories
2
Fireplaces
0
Flooring
Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Dryer Hookup, Microwave, Range, Washer Hookup
Sale & Tax History
List Price
$375,000
Price / Sq Ft
$300
Annual Taxes
$117
Monthly Tax
$10
HOA
None
Tax Rate (effective)
0.03%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Feb 20, 2026 | $375,000 | — |
| Currently listed | — | $375,000 | — |
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
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Military Commute
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Estimate your monthly payment
$2,065/moPrincipal & interest
$1,946
Property tax
$10
Home insurance
$109
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by Hall & Nixon Real Estate Inc · MLS# 10621017
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$375,000
113 Reef LN, GRANDY NC 27939
Grandy, North Carolina 27939
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