110 Mallard Street, Grandy

Only 12 Miles from the Outer Banks! In Walnut Island - a Sound-front community with Boat Ramp, Boat Docks, Restaurant, Clubhouse, Playground & more! Large Property (nearly 0.4-acre), more than Double the size of most lots in Walnut Island! The existing mobile home is a 2BR singlewide, manufactured in the 1970's, has been a long term rental property for the last decade or so. Its most recent tenant moved out earlier this year. Seller has cleared out the interior, leaving it ready for a new owner to renovate, or to sell & remove to make way for a new build! SAVE OVER $25k IN CLEARING, GRADING, LANDSCAPING, CULVERT & DRIVEWAY, INSTALLING SEPTIC SYSTEM, COUNTY WATER TAP FEES, INSTALLING ELECTRICITY, SETTING UP PROPANE, & Much More - as all of these things have been done here, adding tremendous value and convenience for anyone looking to build a new house, or to place a new modular home or manufactured home! The septic system is in good, working condition, was pumped in 2024; county water on-site; electric on-site; propane on-site (above-ground tank leased from propane company). The lot is cleared and leveled, landscaped and groomed, and the culvert & driveway are done! The Single-wide is in fair condition. It was lived-in up until a few months ago, and has since been cleaned out to make it much easier for its new owner to repair and renovate, or remove from the lot. It will convey by title with no warranty, as-is, where-is, as personal property with no attributed value. Walnut Island is a wonderful residential community on the Currituck Sound with a canal system offering easy and convenient access to the open waters for days of fishing, sailing, jet skiing, water skiing, kayaking, power boating & more! There is a waterfront restaurant, boat ramp, boat dock, playground, clubhouse & more available for Walnut Island property owners who choose to opt in to the Owners Association (low monthly dues, please confirm dues for a prospective new owner of 110 Mallard w/ OA point of contact - wipoagrandync.com is Walnut Island POA website). This property is one of the largest lots in Walnut Island; up to 5-times the size of most other lots! The beaches, shops, and restaurants on the OBX are only 12 miles away by car, or approximately 2 miles away by boat!! Lower Currituck County is growing like a weed, and available properties are fewer, and harder to come by! Get out ahead of what is sure to be a Real Estate boon in the near future for Lower Currituck, as the Outer Banks is saturated & prices there are sky-high... Lower Currituck is the ONLY direction through which necessary future growth & development can gravitate! As a long-term rental, the Seller was getting $1,100 per month for this property, and in less-than ideal condition (the mobile home is over 50 years old, and much of it was still original) until the renter moved out last year. As a favor for a friend of the church, the Seller allowed a single mother to rent the place for a reduced price of $850 per month - well below competitive rental rates for similar properties - but looking back to 2023/2024 when it was renting for $1,100 per month, the current long term rental market is experiencing an even greater need for rental inventory, as there are many people & families who are still looking for a fitting rental at a fair price. This would make for a fantastic investment, whether you renovate the existing mobile home, or you choose to remove it and build a house, a modular or manufactured home, or something along those lines... Or... build or buy your new coastal getaway & have an affordable piece of Real Estate only 15 minutes from the OBX - whether by car or by boat!