Active
116 Stedman Lane E
Elizabeth City, NC 27909 · Pasquotank County
$399,000
Was $430,000
- Price Reduced
- 1.28 Acre Lot
- 2-Car Garage
- 1 Fireplace
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About This Home
Welcome to 116 Stedman Ln E, a spacious 4 bedroom, 2.5 bath home in the desirable Matthews Acres neighborhood, situated on a beautiful 1.276-acre lot. Built in 2006 and offering 2,432 square feet, this home provides plenty of room to spread out while offering the privacy and space of a large lot, with no HOA and no flood insurance needed.
The main level features a welcoming living room, dedicated office, formal dining room, half bath, and an eat-in kitchen with a gas range and ThinQ refrigerator. The two car garage provides convenient parking and storage, while natural gas and fiber internet add everyday convenience.
Upstairs, you'll find all of the bedrooms, along with a laundry closet. The washer and dryer convey with the home. The spacious primary suite features TWO walk in closets and a private bathroom with dual vanities, a walk in shower, and a separate tub/shower. The additional bedrooms are served by a full hall bathroom. The FROG provides valuable additional living space and is supported by a 4 bedroom septic system, offering flexibility for a fourth bedroom or other desired use.
Numerous updates add peace of mind, including windows replaced in 2025 with a 20-year warranty and a downstairs HVAC system replaced in 2022 by B&M with a 10-year parts warranty. Outside, enjoy the privacy of the fenced backyard, along with a patio that's perfect for relaxing or entertaining.
Located in Matthews Acres, this property offers the combination of a peaceful, spacious setting and convenient access to Elizabeth City amenities, shopping, dining, VA, and the Coast Guard base. With 1.276 acres, a fenced backyard, two-car garage, generous living space, and thoughtful updates, 116 Stedman Ln E is ready to welcome its next owners.
Price History
- Original list price$430,000
- Current list price$399,000Reduced by $31,000
Property Details
Location
Directions to this home (opens in a new tab)Drive from this home
- Hospital ERSentara Albemarle Medical CenterElizabeth City (directions from this home, opens in a new tab)
- GroceryFood Lion (Towne Square)Elizabeth City (directions from this home, opens in a new tab)
- Walmart / TargetWalmart SupercenterElizabeth City (directions from this home, opens in a new tab)
- BeachVirginia Beach oceanfrontVirginia Beach (directions from this home, opens in a new tab)
Destinations verified Nov 1, 2026. Directions open in your maps app.
Coastal county Building, additions and shoreline work here can need a CAMA permit and setbacks. Check the flood zone, an elevation certificate and an insurance quote before you make an offer. CAMA permits, from the NC Division of Coastal Management →
Interior & Exterior
Interior Features
Schools
Assignments as entered by the listing agent; confirm with the school district. Each school's results: NC School Report Cards.
Monthly Costs
$2,409/mo estimated
Includes principal and interest, property tax and homeowners insurance, with 20% down at 6.75% for 30 years.
Adjust the numbers
- Principal and interest
- $2,070
- Pasquotank County tax + City of Elizabeth City
- $223
- Homeowners insurance (estimate)
- $116
- PMI (under 20% down)
- $0
- Estimated monthly
- $2,409
Tax computed from the Pasquotank County rate and the City of Elizabeth City rate per $100 of value. Rate FY2026-27, verified Aug 9, 2026. Flood insurance is not included; get a quote for this address. An estimate, not a loan offer.
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MLS# 100597006 · HIVE MLS via SourceRE · Last updated: October 19, 2026 at 3:24 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.
