1242 Formosa Drive SE # 81
Bolivia, NC 28422
$384,900
About the property
One of the final two new villas available from American Homesmith in Palmetto Creek, this move-in ready home is a rare opportunity to enjoy brand-new construction within an established gated community where the amenities, activities, and social connections are already in place. Whether you are ready to simplify, spend less time on home maintenance, or simply enjoy more of what coastal North Carolina has to offer, this home makes that next chapter easy.
A welcoming rocking chair front porch leads into a spacious foyer and formal dining area with detailed wainscoting and a tray ceiling, offering plenty of room to host family and friends. Laminate flooring flows throughout the home, seamlessly connecting the dining room, great room, and kitchen in an open, comfortable layout. The great room features a tray ceiling, gas fireplace, and custom built-ins, while the kitchen offers timeless white cabinetry, quartz countertops, tile backsplash, a large center island, and stainless steel appliances including a gas cooktop, wall oven, and built-in microwave.
The main-level primary suite is designed with everyday convenience in mind, featuring suited bath showcasing a fully tiled, zero entry walk-in shower, dual vanity, linen storage, and private water closet. The laundry room connects directly to the spacious primary closet, making day-to-day living even easier. Two additional bedrooms and a full bath provide comfortable space for visiting family and friends, hobbies, or a home office.
A screened porch and patio extend the living space outdoors, creating an easy place for morning coffee, reading, or relaxing at the end of the day.
What truly sets Palmetto Creek apart is the opportunity to move into a community that is already established and active. Residents enjoy a clubhouse, pool, fitness center, tennis courts, putting green, walking trails, and kayak and canoe launch, along with community clubs, activities, and opportunities to meet neighbors and stay involved. Shopping and restaurants are conveniently nearby with Historic Southport less than 20 minutes down the road. Oak Island and Holden Beach put days sitting by the ocean within easy reach., while downtown Wilmington is approximately 30 minutes away for even more dining, shopping, entertainment, and cultural activities.
With only two new American Homesmith villas remaining, this is an opportunity to enjoy the benefits of a brand-new home without waiting for the neighborhood and lifestyle around it to take shape.
At a glance
Listing details
- Full bathrooms
- 2
- Half bathrooms
- 0
- Heated square feet
- 1,820
- Lot acres
- 0.06
- Lot dimensions
- irregular
- Stories
- 1
- Zoning
- Co-R-6000
- HOA
- Yes
- Waterfront
- No
- Fireplace
- Yes
Education
Schools
- Elementary school
- Virginia Williamson
- Middle school
- Cedar Grove
- High school
- South Brunswick
- School district
- Brunswick County Schools
Complete report
Property features
- City
- Bolivia
- Sub-Type
- Townhouse
- County
- Brunswick
- Location Type
- Mainland
- Subdivision
- Palmetto Creek
- Secondary Subdivision
- N/A
- Unit #
- # 81
- City Limits
- No
- Marketing City
- Bolivia
- Year Built
- 2025
- Deed Restrictions
- Yes
- # Baths - Total
- 2
- # Bedrooms
- 3
- # Rooms
- 6
- Master Bedroom Level
- Primary Living Area
- Fireplaces Total
- 1
- New Construction
- Yes
- Est. Complete Date
- 10/01/2025
- Presale
- No
- Sign on Property
- Yes
- Appliances/Equip
- Built-In Electric Oven; Built-In Microwave; Dishwasher; Disposal; Gas Cooktop; Vented Exhaust Fan
- Construction
- Wood Frame
- Property Condition
- Completed; New Construction
- Cooling
- Central Air
- Dining Room Type
- Combination
- Entry Level Information
- Entry Level: 1
- Exterior Finish
- Brick
- Foundation
- Slab
- Exterior Features
- Irrigation System; End Unit
- Terms
- Cash; Conventional; FHA; VA Loan
- Structure Type
- Duplex; Townhouse
- Unit Type
- 3 Bedroom
- Flooring
- Laminate; Tile
- Fencing
- Partial
- Interior Features
- Bookcases; Built-in Features; Ceiling Fan(s); Entrance Foyer; Gas Log; High Ceilings; Kitchen Island; Master Downstairs; Pantry; Solid Surface; Tray Ceiling(s); Walk-in Shower; Walk-In Closet(s)
- Green Bldg Features
- Prog Thermostats
- Garage & Parking
- Attached Garage Spaces: 2; Detached Garage Spaces: 0; Total # Garage Spaces: 2; Total Carport Spaces: 0
- HOA and Neigh Amenities
- Clubhouse; Community Pool; Fitness Center; Gated; Maint - Comm Areas; Maint - Grounds; Maint - Roads; Management; Master Insure; Pest Control; Pickleball; Playground; Street Lights; Tennis Court(s); Trail(s); See Remarks
- Heated SqFt
- 1800 - 1999
- Heating
- Heat Pump
- Heating System Fuel Source
- Electric
- Home Warr/Termite
- Home Warranty/Seller; Home Warranty Company: Residential Warranty; Home Warranty Amount: 0
- Lot Features
- Cul-De-Sac
- Laundry Features
- Laundry Room
- Patio and Porch Features
- Patio; Porch; Screened
- Parking Features
- Garage; Garage; Garage Door Opener; Garage Faces Front; Off Street
- Roof
- Shingle
- Road Type/Frontage
- Paved; Private Road
- Showing Instructions
- Gate/Access Code
- Levels
- One
- Electric Provider
- Brunswick Electric
- Water Heater
- Electric
- Utilities
- Cable Available; Sewer Connected; Water Connected
- Sewer
- Municipal Sewer
- Water Source
- Municipal Water
- Water Provider
- Brunswick County Public Utilities
- Sewer Provider
- Brunswick County Public Utilities
- Construction Type
- Stick Built
- View Type
- None
- Frontage Type
- None
- Tax Assessed Value
- $356,650
- Cobra Zone
- No
- Deed Book
- 5239
- Deed Page
- 1064
- Plat Book
- 174
- PID
- 185FS00401
- Tax Identifier
- 185fs00401
- Plat Page
- 29
- Total Real Estate Property Taxes
- $403.9
- Special Assessments
- working capital @ closing
- Tax Year
- 2026
- Lot #
- 4R - U-81
- Legal
- L-4R U-81 S-2 PH-2 THE RESERVE AT PALMETTO CREEK PL-174/29
- Directions to Property
- From Hwy 211, take Palmetto Creek Way, turn right onto Andora and right on Formosa.
Location
Map & location
1242 Formosa Drive SE # 81, Bolivia, NC 28422
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