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Grandy › WALNUT ISLAND › 113 Reef Ln✓ Source: REIN MLS #10621017 · record updated Jul 13, 2026 · synced every 2 min · your inquiry is never resold
113 Reef LN, GRANDY NC 27939 - Main photo
$375,000
$282 / sqft · est. $2,076/mo →
2beds
2baths
1,332sqft
110days on market

113 Reef Ln, Grandy, NC 27939

SoldResidential · built 2026 · WALNUT ISLAND

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Bulkhead, Canal.

Frontage

Canal ✓ VERIFIED

Shoreline

Bulkheaded

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

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 water. The kitchen offers granite countertops, custom cabinetry, and a spacious breakfast bar. The great room showcases an electric fireplace, wet bar, and access to a private deck overlooking the canal. Two en suites provide flexible living, including a primary suite with deck access. An office/flex space adds versatility. Enjoy an outdoor shower, covered parking, enclosed storage, and direct canal access for boating and paddling.

Listing courtesy of Erin Nixon · Hall & Nixon Real Estate Inc · REIN MLS #10621017

VaHome team overview

Our read on this home

At a glance

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.

Read the full overview ↓

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.

More buyer 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.

Schools

  • ElementaryW T Griggs Elementary
    —
  • MiddleCurrituck County Middle
    —
  • HighCurrituck County
    —

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2026

Price / sqft

$282

HOA fee

$11/mo

Taxes

$117/yr

County

Currituck County NC

Waterfront

Yes

MLS #

10621017

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,332
Stories
2
Flooring
Laminate/LVP
Total rooms
5
Appliances
Dishwasher, Dryer Hookup, Microwave, Range, Washer Hookup

Construction & exterior

Style
Other
Subtype
Detached
Foundation
Other
Roof
Metal
Exterior
Other,Vinyl
Pool
No Pool
Waterfront
Bulkhead,Canal

Utilities & systems

Heating
Electric, Heat Pump
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
WALNUT ISLAND
Ownership
Fee Simple
Garage
No
Parking
Carport
Possession
CLOSING

Sources: REIN MLS record · null fields are suppressed, never faked

Flood & environment

FEMA flood zone AE · base flood elevation 4 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 37053C

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

Source: Virginia Dept. of Emergency Management — Know Your Zone

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$2,076/mo

Principal & interest

$1,946

Property tax

$10

Home insurance

$109

PMI

None

HOA

$11

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.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$269,900 – $497,592

The 4 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 1 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

115 Sunny LN · 0.7 mi · 1,385 sqft$360,000 sold 2026-05
126 Mallard ST · 0.2 mi · 1,296 sqft$269,900 active
115 Treasure RN · 1 mi · 1,302 sqft$388,000 active

Sale & Tax History

List Price

$375,000

Price / Sq Ft

$282

Annual Taxes

$117

Monthly Tax

$10

HOA fee

$11 / mo

Tax Rate (effective)

0.03%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMar 25, 2026$375,000—
Price reducedJun 8, 2026$375,000−$20,000
SoldJul 13, 2026$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:

Grandy Assessor (Google)

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

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Questions buyers ask

Real questions, answered from the record

Is 113 Reef Ln in a good school zone?+
The assigned zones on the listing record are W T Griggs Elementary, Currituck County Middle, Currituck County. School attendance zones can change — always confirm enrollment with the local school division.
Is 113 Reef Ln in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 4 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Are there parks near 113 Reef Ln?+
Walnut Island Park is about 0.4 miles away.
Where is the nearest grocery store to 113 Reef Ln?+
Food Lion is about 0.6 miles away. The closest dining on record is Barry's Walnut Island Restaurant and Lodge (0.3 mi).
Is 113 Reef Ln a waterfront property?+
Yes. The listing record shows: Bulkhead,Canal.
Does 113 Reef Ln have an HOA?+
Yes — HOA dues are on record for this property (the current amount is shown in the facts section on this page). The association of record is NA.
When was 113 Reef Ln built?+
It was built in 2026, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Erin Nixon · Hall & Nixon Real Estate Inc · REIN MLS #10621017

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

🏡 Similar homes for saleWhat's my home worth?

This one's sold — the next one doesn't have to be.

🏡 Homes for sale in GrandyCall or text (757) 777-7577

113 Reef Ln, Grandy, North Carolina 27939 · MLS #10621017 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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