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$175,000
Property Description
Double canal front lot on quiet cul-de-sac street. Navigable to Currituck Sound. There is one sewage and water connection already in place. Lots are bulkheaded with approximately 60-feet on canal bank. Centrally located between the Virginia state line and the Outer Banks of North Carolina and in the center of Grandy where restaurants as well as convenience and grocery stores are minutes away. Great opportunity to build a summer oasis or a place to plant permanent roots. Old survey available. HOA Website: https://wipoagrandync.com. $160/YR covers HOA and road maintenance fees. Sellers request 1 contract/1 buyer. Addresses are: 107 Reef/Lot 3 (107B-0ll-0003-0007 and 109/Lot 4 Reef (107B-0ll-0004-0007).
Full Property Details
Full Property Details for 107 Reef Ln
General
- Price: $175,000
- HOA FEE: $13/month
- HOA FEE FREQ.: Annually
- Taxes: $782 (2025)
- Status: Active
- Type: Residential Lots
- Source: 2253
- MLS ID: 100544787
- Updated: 5/13/2026
- Added to Site: 126 day(s) ago
Additional Information
- Shared Amenities: Clubhouse, Maintenance Roads
Location
- County: Currituck
- Subdivision: Walnut Island Estates
- Driving Directions: 158 to Hardees and Walnut Island subdivision sign onto Walnut Island Blvd. Right on Mallard St, left on Shell Drive and left on Reef. Lots on left.
School Information
- Elementary School: Griggs Elementary
- Middle School: Currituck County Middle
- High School: Currituck County High
Community
- Association: Yes
- Assoc. Name: Walnut Island Property Owner
Utilities
- Sewer: County Sewer
- Water: County Water
- Utility Description: Sewer Connected, Water Connected, Water Tap Available, Electricity Available, Sewer Tap Paid
Structural Information
- Current Bldg. Use: Vacant
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,700
- Lot Dimensions: 60 x 95
- Frontage: Private Road
- Topography: Cleared, Level
- Lot Features: Open Lot, Subdivided, Level, Bulkhead
- Zoning: Sfm: Single-Family Reside
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water Front Desc.: Bulkhead, Canal Front
Financial Considerations
- For Sale: Yes
- Price Per Acre: $1,346,153.85
- Association Fee: $160
- Assoc Fee Freq.: Annually
- Assessment Amount: $39,400
- Tax Amount: $782
- Tax Year: 2025
- Terms: Will Not Divide, Cash
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 3, BLK II, SEC 7 WALNUT ISLAND and Lot 4, BLK II, SEC 7 WALNUT ISLAND
- Property ID: 107b0ll00030007
- Block: 45
- Lot Number: 3 & 4
Listed by Berkshire Hathaway HomeServices RW Towne Realty/Chesapeake, Amy Harris and Berkshire Hathaway HomeServices RW Towne Realty/Chesapeake, Rhonda Shelton
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Schools
Schools serving 107 Reef Ln
School District:Currituck County Schools
| Name | Grades | Distance |
|---|---|---|
Jarvisburg Elementary 110 Jarvisburg Road, Jarvisburg, NC 27947 | PK-5 | 2.9 mi |
Currituck County Middle 4263 Caratoke Highway, Barco, NC 27917 | 6-8 | 10.6 mi |
Currituck County High 4203 Caratoke Highway, Barco, NC 27917 | 9-12 | 10.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 Reef Ln
Date
Details
Price
Change
Source
1/08/2026
Listed
$175,000
753.66%
MLS
6/22/2011
Sold
$20,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 107 Reef Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$395
2%
$20,300
—
2024
$386
100%
$20,300
—
2023
-100%
$20,300
—
2022
$335
281%
$20,300
11%
2020
$88
-63%
$18,300
—
2020
$241
—
$18,300
—
2019
$241
—
$18,300
—
2018
$241
18%
$18,300
—
2016
$205
2%
$18,300
5%
2014
$201
—
$17,400
—
2013
$201
—
$17,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 Reef Ln
107 Reef Lane, Grandy, NC 27939 (MLS# 100544787) is a Residential Lots property with a lot size of 0.13 acres. 107 Reef Lane is currently listed for $175,000 and was received on January 08, 2026. Want to learn more about 107 Reef Lane? Do you have questions about finding other Residential Lots real estate for sale in Grandy? You can browse all Grandy real estate or contact a Coldwell Banker agent to request more information.