1242 Formosa Drive SE # 81, Bolivia, NC 28422 (MLS# 100608881)

1242 Formosa Drive SE # 81, Bolivia, NC 28422

$384,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,820 Lot Size (sq. ft.): 2,767 Status: Active

Current Price: $384,900 List Date: 10/07/2026 Last Modified: 10/22/2026

Overview

Description

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 appli ... (Read more) 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.

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Listing Details MLS# 100608881

Contract Info

Sub-Type: Townhouse
Construction Type: Stick Built
Delayed Marketing?: No
Marketing Start Date: 2026-10-07
Listing Price: 384900
List Price/SqFt: 211.48
Stipulation of Sale: Standard

Location Information

Street #: 1242
Street Name: Formosa
Street Suffix: Drive
Post Direction: SE
Unit #: # 81
County: Brunswick
State/Province: NC
Zip Code: 28422
City Limits: No
Marketing City: Bolivia
Subdivision: Palmetto Creek
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: From Hwy 211, take Palmetto Creek Way, turn right onto Andora and right on Formosa.
Sign on Property: Yes

Property Exterior Info

New Construction: Yes
Presale: No
Est. Complete Date: 2025-10-01
Lot Acres: 0.06
Lot SqFt: 2767
Lot Dimensions: irregular
Deed Restrictions: Yes
Waterfront: No
Location Type: Mainland

Property Interior Info

SqFt - Heated (Primary): 1820
Total SqFt - Heated (Primary + Separate): 1820
# Rooms: 6
# Baths - Full: 2
# Baths - Total: 2
# Bedrooms: 3
Master Bedroom Level: Primary Living Area
Stories Total: Yes
Fireplace Y/N: Yes

Legal Taxes

Year Built: 2025

More Information

Parking Features

Garage: Yes

Entry Level Information

Entry Level: Yes

Current Service Providers

Electric Provider: Brunswick Electric
Internet Service Provider(s): Focus
Sewer Provider: Brunswick County Public Utilities
Water Provider: Brunswick County Public Utilities

HOA

Association Fee 1/Year: 1468
Association Name: Palmetto Creek POA
Association Phone: 9102562021
HOA 1 Mgmt. Company: CAMS
Association Fee 2/Year: 4992
Association Name 2: Palmetto Creek Reserve Villas
Association Phone 2: 9102562021
HOA 2 Mgmt. Company: CAMS

Rooms

Bedroom 1 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: First
Dining Room Level: First
Kitchen Level: First
Living Room Level: First

Property Features

Showing Instructions: Gate/Access Code Frontage Type: See Remarks View Type: None Property Condition: Completed; New Construction Construction: Wood Frame Structure Type: Duplex; Townhouse Unit Type: 3 Bedroom Exterior Features: Irrigation System; End Unit Exterior Finish: Brick Fencing: Partial Foundation: Slab Green Bldg Features: Prog Thermostats Parking Features: Garage Door Opener; Garage Faces Front; Off Street Patio and Porch Features: Patio; Porch; Screened Roof: Shingle Levels: One Lot Features: Cul-De-Sac Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Cable Available; Sewer Connected; Water Connected Sewer: Municipal Sewer Water Source: Municipal Water Fireplace Features: Gas; Living Room; Propane Flooring: Laminate; Tile 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) Security Features: Smoke Detector(s) Laundry Features: Laundry Room Heated SqFt: 1800 - 1999 Dining Room Type: Combination 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 Rooms: Bedroom 1; Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room Terms: Cash; Conventional; FHA; VA Loan

Room Information

Room Name	Length	Width	Level	Remarks
Bedroom 1	13.83	11.67	First	Primary Suite with bathroom & walk-in closet
Bedroom 2	12.33	12.90	First
Bedroom 3	11.08	13.08	First
Living Room	13.83	22.00	First
Kitchen	16.25	10.33	First
Dining Room	11.08	15.50	First

IDX

Listing Office: Coldwell Banker Sea Coast Advantage

Last Updated: October - 22 - 2026

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