78 days on market
$410,000
113 Reef Ln
Grandy, North Carolina 27939
MLS# 10621017 · WALNUT ISLAND · Currituck County NC
Updated May 1, 2026 · Source: REIN MLS
Est. payment
$2,257/mo
Edit below
Price / sq ft
$328
1,250 sq ft
Days on market
78
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 brand-new 2-bedroom, 2-bath home in Walnut Island, Grandy — sitting on the edge of Currituck Sound country with everyday conveniences steps away and the Outer Banks just down the road.
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Why this home stands out
Built in 2026, this 1,250-square-foot home is as close to factory-fresh as it gets — no deferred maintenance, no outdated systems, no guessing what's behind the walls. Walnut Island is a quiet, water-adjacent community in Currituck County where the pace slows down but the location keeps you connected to both the mainland and the barrier islands.
WALNUT ISLAND and the Grandy real estate market
Walnut Island sits along the marshy western shore of Currituck Sound in Grandy, North Carolina — a small community that punches above its weight for anyone drawn to coastal living without the resort-town price tag. Grandy is part of Currituck County, which has seen steady interest from buyers looking for a genuine house for sale obx-adjacent without the congestion of the beach strip itself. The neighborhood has a laid-back, residential character — think wide lots, mature trees, and neighbors who wave from the driveway. You're positioned between the quiet of the sound and the convenience of US-158, which connects you north toward Corolla or south toward the Wright Memorial Bridge and the Outer Banks proper. It's the kind of place where you can kayak in the morning and be on the beach by afternoon.
What's nearby
Daily errands are genuinely easy from 113 Reef Lane. Food Lion is just 0.6 miles away for groceries, and the Food Lion Pharmacy is right there in the same plaza. Dollar General is equally close when you need a quick run. Breakfast or a morning coffee is covered by Dunkin' at 0.4 miles, and McDonald's is only half a mile out. For something more local, The Sitting Duck is under a mile away. When you want a real sit-down meal, Barry's Walnut Island Restaurant and Lodge is practically in the neighborhood at 0.3 miles. Hardee's rounds out the quick-bite options at 0.4 miles. Walnut Island Park is a 0.4-mile stroll for fresh air and open space.
For different buyers
For first-time buyers
A new-construction home at 1,250 square feet is a smart starting point — you get two full bedrooms, two full baths, and zero surprises from aging infrastructure. Walnut Island's low-key setting in Currituck County keeps things manageable, and having Food Lion, a pharmacy, and a park all within half a mile means you don't need to over-plan just to get through the week.
For buyers drawn to character
If your version of 'character' means water views, wildlife, and a community that hasn't been over-developed, Walnut Island delivers. The 2026 build date means the bones are modern, but the setting — Currituck Sound country, open skies, and obx homes for sale territory just down US-158 — gives 113 Reef Lane a sense of place that newer subdivisions farther inland simply can't replicate.
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 south through Currituck County and across the Wright Memorial Bridge. The commute is manageable for personnel who prefer coastal living over Virginia Beach proper.
What is the flood zone status for 113 Reef Lane in Grandy?
Grandy and the Walnut Island area sit near Currituck Sound, so flood zone designation is an important detail to verify — your agent can pull the current FEMA flood map panel for this specific parcel before you make any decisions.
Is 113 Reef Lane part of an HOA?
Walnut Island does have a homeowners association; confirm current HOA details and any community rules directly with the listing agent or through the community's governing documents.
How close is 113 Reef Lane to the Outer Banks beaches?
From Grandy, you're roughly 30–40 minutes from the northern Outer Banks beaches via US-158 south to the Wright Memorial Bridge, depending on traffic and your specific destination.
What year was 113 Reef Lane built?
113 Reef Lane was built in 2026, making it a brand-new construction with modern systems, current building codes, and no prior-owner wear.
Ready to explore 113 Reef Lane in person? Reach out to Tom and Dariya Milan at LPT Realty — they know Currituck County and can get you through the door.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
113 Reef LN, Grandy
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
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
$410,000
Price / Sq Ft
$328
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 | $410,000 | — |
| Currently listed | — | $410,000 | — |
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
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.
Military Commute
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Estimate your monthly payment
$2,257/moPrincipal & interest
$2,127
Property tax
$10
Home insurance
$120
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.
$410,000
113 Reef LN, GRANDY NC 27939
Grandy, North Carolina 27939
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