Homes under $400K for sale in East Lake, Leland NC

As of November 11, 2026, there are 4 homes under $400K for sale in East Lake in Leland, NC, with a middle asking price of $386,629 (from $381,500 to $389,900). Another 12 are under contract.

As of November 11, 2026, the middle asking price is $386,629, about $207 per square foot for a typical 1,860 sq ft. $300K–$500K: 4.

In the 12 months through November 11, 2026, 20 sold at a middle price of $325,500, typically for 94.8% of the first asking price after about 127 days on the market.

In the 12 months through November 11, 2026 they typically sold in about 127 days, at 94.8% of the first asking price.

A mortgage payment has two parts: principal and interest, which depend on the price, your down payment and the rate a lender offers you; and the costs on top — property taxes, homeowners insurance (and flood insurance near the water), HOA dues where there's an association, and mortgage insurance if you put less than 20% down. Each home's page has a calculator that uses the rate you've been quoted and that home's own taxes and HOA dues from the listing. For your actual rate and Annual Percentage Rate (APR), ask a licensed lender — we can introduce you to Joey Milam at Alpha Mortgage Advantage, or you're free to choose any lender.