$384,900

3 bd · 2 ba · 1,820 sq ft

1242 Formosa Drive SE # 81

Bolivia, NC, 28422 · Palmetto Creek

Listed 12 days ago · Status checked with the MLS Oct 19, 2:26 AM

Hive MLSListed by Coldwell Banker Sea Coast Advantage

About this home

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.

Facts

Type
Townhouse
Year built
2025
Garage
2 spaces
HOA
$1,468 / annually
Community
Palmetto Creek
County
Brunswick
MLS #
100608881

Features

Inside

  • Master Downstairs
  • Walk-in Closet(s)
  • Tray Ceiling(s)
  • High Ceilings
  • Entrance Foyer
  • Solid Surface
  • Bookcases
  • Kitchen Island
  • Ceiling Fan(s)
  • Pantry
  • Walk-in Shower
  • Built-in Features
  • Gas Log
  • Walk-In Closet(s)
  • Laminate
  • Tile

Outside

  • Irrigation System
  • End Unit
  • Cul-De-Sac
  • None

Community

  • Clubhouse
  • Community Pool
  • Fitness Center
  • Gated
  • Maintenance Common Areas
  • Maintenance Grounds
  • Maintenance Roads
  • Management
  • Master Insure
  • Pest Control
  • Pickleball
  • Playground
  • Street Lights
  • Tennis Court(s)
  • Trail(s)

Parking

  • Garage Faces Front
  • Garage Door Opener
  • Off Street
  • Garage

Heating & cooling

  • Electric
  • Heat Pump
  • Central Air

Schools

Elementary
Virginia Williamson
Middle
Cedar Grove
High
South Brunswick

As listed in the MLS (Brunswick County Schools). School assignments can change — confirm with the district for this address.

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Recent sales like this in Palmetto Creek

HomeSoldBd / BaSq ftPrice$ / sq ft
1207 Andora Drive SE Unit 41, BoliviaJun 29, 20263 / 21,604$370,000$231
1202 Andora Drive SE Unit 22, BoliviaJun 10, 20263 / 21,619$345,000$213

Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.

Buying in Bolivia? Local guides

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About 1242 Formosa Drive SE # 81

1242 Formosa Drive SE # 81 is a 3-bedroom, 2-bath townhome of about 1,820 square feet, built in 2025 in Palmetto Creek, Bolivia, Brunswick County, NC 28422.

At $384,900, it's 24% above the median asking price ($309,949) of the 142 other 3-bedroom listings for sale in Bolivia today.

That's about $211 per square foot, compared with a Bolivia median asking price of $191 per square foot.

9 other homes are for sale in Palmetto Creek right now (median asking $460,700); 59 homes sold there in the last 12 months at a median of $451,500, typically in about 141 days.

Across ZIP 28422, 293 3-bedroom homes sold in the past year at a median of $330,000.

It has been on the market for 12 days.

Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.

Buying 1242 Formosa Drive SE # 81

  1. See it in person. Pick a time and we'll call to confirm — often same day.
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Own a home near 1242 Formosa Drive SE # 81? See what it's worth — a home value report built from real sales in Palmetto Creek.

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Questions about 1242 Formosa Drive SE # 81

How much is 1242 Formosa Drive SE # 81?

1242 Formosa Drive SE # 81 is listed at $384,900 (about $211 per square foot) as of October 19, 2026. Status: for sale.

How many bedrooms and bathrooms does 1242 Formosa Drive SE # 81 have?

3 bedrooms and 2 bathrooms, with about 1,820 square feet.

What neighborhood is 1242 Formosa Drive SE # 81 in?

Palmetto Creek, in Bolivia, Brunswick County, North Carolina.

How long has 1242 Formosa Drive SE # 81 been on the market?

12 days. Homes in Palmetto Creek sold after a median of 141 days over the past year.

What have homes sold for in Palmetto Creek?

59 homes sold in Palmetto Creek in the last 12 months, at a median price of $451,500.

Does 1242 Formosa Drive SE # 81 have an HOA fee?

Yes: $1,468 (annually), per the MLS.

When was 1242 Formosa Drive SE # 81 built?

2025 — it's new construction.

Who is the listing broker for 1242 Formosa Drive SE # 81?

Coldwell Banker Sea Coast Advantage (MLS #100608881). The Buddy Blake Team can show it to you and answer questions.

Can I tour 1242 Formosa Drive SE # 81?

Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.

Listing provided by Coldwell Banker Sea Coast Advantage via Hive MLS.