About This Home

This 3-bedroom, 2-bathroom townhouse at 1242 Formosa Drive SE # 81 in Bolivia, NC is listed for $384,900 ($211 per sqft). Built in 2025, the home offers 1,820 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 2025
  • 0.06 acre lot
  • 2 parking spaces
  • Fireplace

Property Details

1 story
2 full
2-car garage
# 81
2025

Amenities

FireplaceA/C
Listing 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 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.

Monthly Cost Estimate

$3,527/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,668
Insurance$112
HOA$1,468

Estimates only. Actual payments may vary.

Location

1242 Formosa Drive SE # 81

Bolivia, NC 28422

Palmetto Creek

Features & Amenities

Interior Features

Master DownstairsWalk-in Closet(s)Tray Ceiling(s)High CeilingsEntrance FoyerSolid SurfaceBookcasesKitchen IslandCeiling Fan(s)PantryWalk-in ShowerBuilt-in FeaturesGas LogWalk-In Closet(s)

Exterior Features

Irrigation SystemEnd Unit

Property Details

Flooring

TileLaminate

Construction

Brick Wood Frame

Outdoor Features

PorchPatio

Parking

OpenOff StreetGarage

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Central Air

Appliances

Vented Exhaust FanGas CooktopBuilt-In MicrowaveBuilt-In Electric OvenDisposalDishwasher

Questions & Answers

This 3-bedroom, 2-bathroom townhouse at 1242 Formosa Drive SE is listed at $384,900 ($211/sqft). The estimated monthly payment is $3,526 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1468/month.

Key features include: Built in 2025, 0.06 acre lot, 2 parking spaces, Fireplace. Interior Features: Master Downstairs, Walk-in Closet(s), Tray Ceiling(s). Exterior Features: Irrigation System, End Unit.

This property is listed by Team Thirty 4 North.

TN

Team Thirty 4 North

Agent at Coldwell Banker Sea Coast Advantage

Listed by Coldwell Banker Sea Coast Advantage · Broker phone: (910) 799-3435 · View on Broker Site · Broker website

MLS# 100608881· Source: Hive MLS· 26 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1242 Formosa Drive SE # 81, Bolivia, NC 28422

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