402 Penny Lane D, Morehead City, NC 28557

$299,900

Kitchen w/ Pass-Through or Breakfast Bar

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,465 Status: Active

Current Price: $299,900 List Date: 7/06/2026 Last Modified: 7/13/2026

Overview

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 for 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 ga ... (Read more)

Listing Details MLS# 100586810

Contract Info

Sub-Type: Condominium
Construction Type: Stick Built
Delayed Marketing?: No
Marketing Start Date: 2026-07-06
Listing Price: 299900
List Price/SqFt: 204.71
Stipulation of Sale: Standard

Location Information

Street #: 402
Street Name: Penny
Street Suffix: Lane
Unit #: D
County: Carteret
State/Province: NC
Zip Code: 28557
City Limits: Yes
Marketing City: Morehead City
Subdivision: Madisen Park
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: From Bridges St, turn onto Penny Ln. Continue past the medical complexes, and ''Madisen Park'' will be on your right. From the main entry of Building 402, the unit is on the first floor to the far right.

Property Exterior Info

New Construction: No
Deed Restrictions: Yes
Waterfront: No
Location Type: Mainland
Lot Acres: 0
Lot Dimensions: No
Lot SqFt: 0

Property Interior Info

SqFt - Heated (Primary): 1465
Total SqFt - Heated (Primary + Separate): 1465
# Rooms: 6
# Baths - Full: 2
# Baths - Total: 2
# Bedrooms: 3
Master Bedroom Level: Primary Living Area
Stories Total: 3
Fireplace Y/N: Yes
# Baths - Half: 0

Legal Taxes

Year Built: 1999

More Information

Fuel Tank

Above or Below Ground: Below Ground
Fuel Type: Propane
In Use: No
Owned or Leased: Owned
Fuel Tank: Yes

Entry Level Information

Entry Level: Yes

Current Service Providers

Electric Provider: Duke Progress Energy
Fuel Vendor Provider: N/A
Sewer Provider: City of Morehead City
Water Provider: City of Morehead City

HOA

Association Fee 1/Year: 5160
Association Name: Madisen Court, COA
Association Phone: 2523422204

Rooms

Bathroom 1 Level: First
Bathroom 2 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: First
Breakfast Nook Level: First
Kitchen Level: First
Laundry Level: First
Living Room Level: First
Master Bedroom Level: First
Bathroom 1: Yes
Bathroom 2: Yes
Bedroom 2: Yes
Bedroom 3: Yes
Breakfast Nook: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Building/Ext Features

ud_i_08: 1

Legal & Taxes

Tax Assessed Value: 240102
Total City Real Estate Property Tax: 822.35
Total Real Estate Property Taxes: 1460.58
Deed Book: 1828
Deed Page: 87
Legal: Unit D, Building 2003, Madisen Condominium
Broker Owner: No
PID: 63761434813900D
Tax Identifier: 63761434813900d
Plat Book: 10R
Plat Page: 754-758
Special Assessments: None Known
Tax Year: 2025
Zoning: Residential
HOA: Yes
Association Mandatory (Y/N): Yes
Cobra Zone: No
Elementary School: Morehead City Primary
Elementary School 2: Morehead City Elem
Middle School: Morehead City
High School: West Carteret

Showing Instructions

Showing Service: Yes

Garage & Parking

Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0

Parking Features

Asphalt: Yes
Lighted: Yes
On Site: Yes
Parking Lot: Yes
Paved: Yes

HOA and Neigh Amenities

Elevator(s): Yes
Maint - Comm Areas: Yes
Maint - Grounds: Yes
Maintenance Structure: Yes
Management: Yes
Master Insure: Yes
Pest Control: Yes
Roof Maintenance: Yes
Street Lights: Yes
Trash: Yes

Attic

None: Yes

Frontage Type

Pond Front: Yes

View Type

Pond: Yes

Construction

Wood Frame: Yes

Unit Type

3 Bedroom: Yes

Exterior Finish

Brick Veneer: Yes
Vinyl Siding: Yes

Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Fencing

None: Yes

Foundation

Slab: Yes

Flooring

Carpet: Yes
LVT/LVP: Yes
Tile: Yes
Vinyl: Yes

Patio and Porch Features

Covered: Yes
Patio: Yes
Screened: Yes

Roof

Shingle: Yes

Levels

One: Yes

Road Type/Frontage

Maintained: Yes
Paved: Yes
Public (City/Cty/St): Yes

Cooling

Heat Pump: Yes

Heated SqFt

1400 - 1599: Yes

Heating

Fireplace(s): Yes
Heat Pump: Yes

Heating System Fuel Source

Electric: Yes
Propane: Yes

Utilities

Sewer Connected: Yes
Water Connected: Yes

Sewer

Municipal Sewer: Yes

Water Source

Municipal Water: Yes

Appliances/Equip

Built-In Microwave: Yes
Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Dryer: Yes
Electric Range: Yes
Refrigerator: Yes
Washer: Yes
Water Purifier: Yes

Fireplace Features

Living Room: Yes

Furnished

Furnished: Yes

Interior Features

Blinds/Shades: Yes
Ceiling Fan(s): Yes
Furnished: Yes
High Ceilings: Yes
Master Downstairs: Yes
Pantry: Yes
Reversed Floor Plan: Yes
Walk-in Shower: Yes
Walk-In Closet(s): Yes
Whirlpool: Yes

Laundry Features

Hookup - Dryer: Yes
Hookup - Washer: Yes
Laundry Room: Yes

Dining Room Type

Combination: Yes

Property Features

Showing Instructions: Showing Service Frontage Type: Pond Front View Type: Pond Attic: None Construction: Wood Frame Unit Type: 3 Bedroom Exterior Finish: Brick Veneer; Vinyl Siding Fencing: None Foundation: Slab Fuel Tank: Fuel Tank Parking Features: Asphalt; Lighted; On Site; Parking Lot; Paved Patio and Porch Features: Covered; Patio; Screened Roof: Shingle Levels: One Cooling: Heat Pump Heating: Fireplace(s); Heat Pump Heating System Fuel Source: Electric; Propane Utilities: Sewer Connected; Water Connected Sewer: Municipal Sewer Water Source: Municipal Water Fireplace Features: Living Room Flooring: Carpet; LVT/LVP; Tile; Vinyl Furnished: Furnished Interior Features: Blinds/Shades; Ceiling Fan(s); Furnished; High Ceilings; Master Downstairs; Pantry; Reversed Floor Plan; Walk-in Shower; Walk-In Closet(s); Whirlpool Laundry Features: Hookup - Dryer; Hookup - Washer; Laundry Room Heated SqFt: 1400 - 1599 Dining Room Type: Combination HOA and Neigh Amenities: Elevator(s); Maint - Comm Areas; Maint - Grounds; Maintenance Structure; Management; Master Insure; Pest Control; Street Lights; Trash Rooms: Bathroom 1; Bathroom 2; Bedroom 2; Bedroom 3; Breakfast Nook; Kitchen; Laundry; Living Room; Master Bedroom Terms: Cash; Conventional; FHA; VA Loan

Room Information

Room Name	Level
Living Room	First
Breakfast Nook	First
Kitchen	First
Master Bedroom	First
Bathroom 1	First
Bedroom 2	First
Bedroom 3	First
Bathroom 2	First
Laundry	First

IDX

Listing Office: eXp Realty

Last Updated: July - 13 - 2026

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