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101 Edgewater Dr , Grandy, NC 27939

$148,000

902
sqft
1996
year built

Located directly on Caratoke Highway (U.S. 158) in the heart of the General Business District, this high-visibility lot offers exceptional road frontage and consistent drive-by exposure--making it an ideal site for commercial development. Positioned along the primary route to the Outer Banks and just 30 minutes from the beach, this property presents a rare opportunity to capture both local and tourist traffic. The flexible zoning supports a wide range of uses, including a fast-casual dining concept, retail strip center, medical or professional office space, or a service-based business. With rapid regional growth and the county's Imagine Currituck 2040 Vision Plan driving future infrastructure and development, this location is well-positioned for long-term value and scalability. As part of the Walnut Island community, the property benefits from optional access to amenities such as Barry's Restaurant, a private boat launch, and Currituck Sound access--an added bonus for mixed-use concepts or destination-based businesses. Invest now in one of the fastest-growing corridors in northeastern North Carolina--just an hour from the Virginia border and a direct pipeline to OBX tourism traffic.

Highlights

  • Commercial Sale
  • Unimproved Land
  • Built in 1996
  • 0.35 Acre Lot
  • $60/yr HOA
  • 116 days on Market

  • Year Built
    1996
  • Construction Materials
    Frame, Vinyl Siding
  • Foundation
    Pillar/Post/Pier, Other
  • Parking Features
    Unpaved
  • Appliances
    Electric Water Heater
  • Flooring
    Vinyl, Carpet
  • Cooling
    Central Air, Wall/Window Unit(s)
  • Heating
    Electric, Heat Pump
  • Basement
    None

  • Acres
    0.35
  • Utilities
    Sewer Available, Water Available, See Remarks

  • County
    Currituck
  • City
    Grandy
  • Neighborhood
    Walnut Island
  • Zip Code
    27939

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Frequently Asked Questions

How do I schedule a tour of 101 Edgewater Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 101 Edgewater Dr.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 101 Edgewater Dr?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $148,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Grandy, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 101 Edgewater Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 101 Edgewater Dr at around $891. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 101 Edgewater Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Currituck County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 101 Edgewater Dr?

In most cases, yes. Whether 101 Edgewater Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Grandy's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 101 Edgewater Dr?

We can handle that for you. Our preferred local agent specializes in commercial sales in Grandy and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $148,000 with 902 sqft of space—that comes out to approximately $164 per square foot.

How long has this property been on the market?

101 Edgewater Dr was listed on July 21, 2026, which means it's been on the market for 116 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1996, making it approximately 30 years old.

What is the lot size of this property?

101 Edgewater Dr sits on a 0.35-acre lot, which is 15,246 square feet.

What are the property taxes for 101 Edgewater Dr?

The most recent public record shows annual property taxes for 101 Edgewater Dr were approximately $589. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $60 paid annually.

Is 101 Edgewater Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Hive MLS. All rights reserved.

Last Updated: November 14, 2026 at 04:11AM | Source: Hive MLS | MLS#: 100590461