Unimproved Land at 101 Edgewater Drive, Grandy, NC 27939
Unimproved Land at 101 Edgewater Drive, Grandy, NC 27939, photo 2 of 2
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$148,000

101 Edgewater Drive, Grandy, NC 27939
Grandy, NC 27939
Listed by Erin Alger · Aweigh Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1996

About this home

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.

Property details

MLS
Hive MLS
MLS #
100590461
Property type
Unimproved Land
Subdivision
Walnut Island
Status
Active
Days on market
89
On market date
July 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.35 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
W T Griggs Elementary
3.17 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
244
Student:teacher ratio
12.2:1
District
Currituck County Schools
Middle
Currituck County Middle
10.67 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
337
Student:teacher ratio
12.5:1
District
Currituck County Schools
High
Currituck County High
10.8 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,050
Student:teacher ratio
15.7:1
District
Currituck County Schools

Walkability

Blended score for Grandy's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

28
Car-dependent
out of 100
EPA National Walkability Index
5.5 / 20 -- Least walkable

Market position

How this listing compares to current activity in Grandy, from live MLS data.

On the market 89 days -- 47 fewer days than Grandy's current average of 136 days.
For reference, the median list price across 19 active listings in Grandy right now is $376,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,041/mo
$29,600 down
$118,400 loan
Principal & interest$768
Property tax (est.)$123
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.