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120 Martin Lane

Knotts Island, NC 27950 · Currituck County

13 days on market
$625,000
$625,000Currituck County (Unincorporated)$500K – $1MActive
625000
5 Bedrooms
4 Bathrooms
2,926 Sq.Ft.
1.35 Acres
Built in 2002
1.35 Acre LotJ.P. Knapp Early College District

About This Property

Just over the VA/NC line, a different kind of lifestyle awaits. Tucked on the Knotts Island mainland- just before the causeway, this 3-story modern Foursquare feels wonderfully removed, yet is only 25 minutes from Red Mill & 30 minutes to Dam Neck. Pick blueberries, blackberries, figs & peaches from your own yard, enjoy established grapevines, beautiful magnolias & incredible birdwatching or fish nearby waters. Inside, natural light, hardwood floors, granite and KitchenAid appliances impress. Four bedrooms occupy the 2nd floor, while the entire 3rd is an extraordinary 800+ sqft primary retreat with sitting area, ensuite & 2-sided fireplace. With low NC taxes & Mackay Island Refuge and Munden Point Park nearby, this isn't simply a home- It's a lifestyle that's increasingly hard to find! Call today to schedule a tour.

Property Details

SubdivisionMartins Point
TypeSingle Family Residence
Living Area2,926 sq ft
Full Baths3
Half Baths1
Price / sq ft$214
Lot Size1.350 acres
Year Built2002
Total Rooms13
WaterfrontNo
Parcel056a000000d0000

Location & Neighborhood Intelligence

Get Directions to This Home

Distance to Key Places (straight-line)

Coastal & Environmental Information

Properties in northeastern North Carolina near coastal waters may be subject to Coastal Area Management Act (CAMA) regulations, or specific flood zone designations. Buyers are advised to independently verify setback rules, elevation certificates, and flood insurance requirements with licensed surveyors, engineers, and insurance professionals.

Interior & Exterior

FlooringWood, Ceramic Tile
HeatingPropane, Gas Pack, Heat Pump, Electric
CoolingCentral Air, Zoned, Ceiling Fan(s), Heat Pump
RoofMetal
ConstructionVinyl Siding, Wood Frame
AppliancesBuilt-In Microwave, Self Cleaning Oven, Refrigerator, Dishwasher, Electric Range
ParkingGravel, Off Street, On Site, Unpaved

Interior Features

Walk-in Closet(s)High CeilingsEntrance FoyerSolid SurfaceCeiling Fan(s)PantryWalk-in ShowerWet BarBlinds/ShadesEat-in KitchenGas LogSmart ThermostatWalk-In Closet(s)Wired for Data

Exterior Features

Storm Doors

Schools

ElementaryKnotts Island Elementary
MiddleCurrituck County Middle
High SchoolJ.P. Knapp Early College

Tax & Assessment

Assessed Value$369,600
Annual Tax$3,123 (2025)
Monthly Tax Est.$260/mo
Hyper-Local Buyer Tool

Currituck True Cost of Ownership Calculator

Calculate your actual monthly carrying cost — the countywide Currituck tax, your own flood insurance quote, and a waterfront maintenance reserve. Special service district rates are not included; pull the parcel's tax card for those.

$625,000
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Local Tax & Municipal Variables
Currituck County TaxCurrituck County charges $0.60 per $100 of assessed value, effective July 1, 2026. Special service district rates (fire, drainage, stormwater, water and sewer) are added on top for many parcels and are not included here. Verify with the Currituck County Tax Department.
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No town tax anywhere in this countyCurrituck County has no incorporated municipalities, so no parcel pays a municipal rate. Some parcels do sit in special service districts — fire, drainage, stormwater, water and sewer, solid waste — which add to the county rate and are not modelled here.
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Adds a $150/mo planning reserve for dock, pier, bulkhead and salt-air wear. An assumption you should replace with real quotes — not a rate.
Properties on the Currituck Sound, its canals, or the North River fall into CAMA-regulated flood zones. Your zone determines whether flood insurance is required — we don't quote rates, so enter your own insurer's quote below.

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Finance repair scope directly into mortgage via FHA 203(k) or Fannie Mae HomeStyle loan.

Estimated Monthly True Cost
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Includes P&I, taxes, insurance & local reserves
  • Principal & Interest$0
  • Currituck County Property Tax ($0.60)$0
  • Hazard / Homeowners Insurance (Est.)$0
  • Flood Insurance (Your Quote)$0
  • Waterfront maintenance reserve$0
  • PMI / Mortgage Insurance$0

Currituck County has no incorporated municipalities, so there is no town property tax anywhere in the county. This estimate uses the countywide rate of $0.60 per $100 of assessed value, effective July 1, 2026. It does NOT include special service district rates (fire, drainage, stormwater, water and sewer, solid waste), which apply to many parcels and are added on top. Pull the actual tax card for the parcel before relying on any figure here.

Total Loan Amount$0
Down Payment$0
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MLS# 100599474 · HIVE MLS via SourceRE · Last updated: August 28, 2026 at 6:23 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.