One of the home we featured last week has gone under contract. Two others have lowered their price. Here is the list for September 13, 2019
BEST DEAL MALORY CREEK PLANTATION, WINNABOW, NC
365 St .Kitts Way
Price lowered by $10,000
Homes in the Mallory Creek subdivision in Winnabow typically hover around $100 per square foot. This is currently the lowest priced existing home per square foot in the area. It’s listed at $92.23 a square foot. It has five bedrooms, 3.5 baths and more than 3,000 square feet. The first-floor master suite features a tray ceiling, a garden tub, dual sinks, separate shower, and huge walk-in closet. Upstairs has 4 additional bedrooms and a large media/bonus room. The kitchen opens to the living and dining area and includes plenty of cabinetry and a nice sized pantry. For annual HOA dues of $540, you get access to the community pool, clubhouse, and playground. Asking price $275,000.
This property is listed by Laura Mathis/Coldwell Banker Seacoast Advantage.
BEST DEAL IN CAROLINA PLACE
2002 Metts Avenue, Wilmington
PRICE LOWERED BY $5,000
Carolina Place is one of the more trendy neighborhoods in Wilmington. The homes were built in the 1930s and ’40s and in the last couple of decades, most of them have been updated and remodeled. This Dutch colonial style home was built in 1940. The median price per square foot in this area is $175. This home is listed at $138.91 The current owner has been using it as a vacation home, and it’s only occupied half the time. It’s 1979 square feet with four bedrooms, three bathrooms, and original hardwood floors. A rear deck with an arbor was recently added. You can fit a couple of compact cars in the driveway, but as is the case with many homes in this area, street parking is the norm. Asking price is $279,900.
BEST DEAL UNDER $150,000
486 Hollyview Drive, Bolvia
Let’s get the negative out of the way first, because it could be a big issue for some buyers. The listing information suggest this home will not qualify for a VA or FHA loan. The reason is the home, which was built in 1972, started out as just a fishing cabin, but over time the owners added two extra bedrooms. The home is on a septic tank large enough for all the rooms, but the new bedrooms are interior rooms without windows. It’s a lack of windows that may keep this home from qualifying for a federally backed loan. But, for buyers who can either pay cash or get another type of loan, it would be very hard to find a home this close to the water at this price. It’s located second row from the Intracoastal in the Sunset Harbor community, a two-minute drive to a public boat launch. Directly behind the main house is a cookhouse. As the story goes, the wife did not like the smell of fish cooking, so the husband built a separate kitchen. The home includes an additional storage unit and a fenced-in storage area big enough for a fishing boat. Asking price $109,900.
This property is listed by Only Way Realty Carolina Grand Strand Properties
BEST DEAL IN OCEAN FOREST LAKES
304 Okeechobee Rd; Wilmington
The home is 12 years old, but it feels newer. The owners have added new kitchen floor tile, new carpeting in the bedrooms and new paint. The house sits on high ground, out of the flood zone, with a deck that overlooks the back yard. We were most impressed by the size of the screened porch which is big enough for sitting and dining furniture. Despite a few cosmetic issues like a fogged window and caulking separating on the kitchen counter and bathroom vanity, we still think this home is a deal. Asking price $369,995.
This property is listed by Jay Stokley/ REMAX Essential
BEST DEAL IN HAMPSTEAD
471 Royal Tern Drive
In our opinion, this is both a unique home and a good deal. What makes it unique? To start, the first owner of this home was an architect who wanted to build his dream. Consequently, you have a modern home with a bunch of nook and crannies including cathedral ceilings with reclaimed wood beams, an open floor plan with tons of natural lighting and a finished basement. What makes it a good deal is some bad luck. The current owners bought this home last year, and only a couple of months later, they were transferred to another state. They bought the home for $478,000 but have listed it for $30,000 less. Asking price $449,900.
This property is listed by Grae Hawks/ Coldwell Banker Sea Coast Advantage-Hampstead
BEST DEAL IN ST. JAMES
2798 Lawton Court
St. James Plantation is one of Brunswick County’s premier communities, known for its golf and boat access. Over the past six months, larger homes (those over 3,000 sq. ft.) have sold for an average of $147 a sq. ft. This one is listed for just under $107.13. Built in 2000, this home has more than 4400 sq. ft. of living space, including three bedrooms – each with its own full bath. The home has a unique floor plan that makes it perfect for both formal and informal entertaining. If you enjoy cooking, you’ll love the large kitchen with double ovens and a Jennaire grill. Other nice touches in the home are two walk-in closets and a double-sided gas fireplace in the master suite, plantation shutters throughout the house, and a huge media room complete with a remote-controlled light-blocking shade, a rear-view projection system, and a wet bar. Added bonus is the three-car garage. The yard is in need of a little TLC, but at this price point, there’s margin to add landscaping and your personal touches throughout the interior. Asking price $475,000.
This property is listed by Rick Binford/ Keller Williams Realty
For more information.
ONE OF A KIND DEALS
On a townhome; 2500 Tonbo Trai, Wilmington
Tonbo Meadow is one of the most unique residential communities in the tri-county area. If you’ve driven past it on Greenville Loop, you can’t help but take your eyes off the road for a second or two and glance over, because the townhomes are like nothing else around. The unit pictured here is on a corner lot. It offers three bedrooms, three baths in just under 2,200 square feet. The entire community was built to be “green friendly” and it recently was the recipient of the Cape Fear Sustainable Award . Features include cypress wood siding, new interior and exterior paint, 12 foot ceilings, gas fireplace, rock maple stained floors, walnut cabinetry, marble counter-tops, stainless steel appliances, and LED lighting. Asking price is $479,000.
This property is listed by Deb Fedoronko Century 21 Sweyer & Associates – Landfall
On a home with a Florida Feel; 421 Marina Drive, Carolina Beach
This style of home is called the West Palm Beach. The fact that you don’t see it too often in the Carolinas makes it a unique deal in this part of the country. It is located on the northern-most point of Pleasure Island. The water you see in the photograph is Snows Cut. The 4,745 square foot house offers six bedrooms and four baths. The owners designed this custom built home with features including a first floor master and guest suite, signature stucco, arches, trey ceilings, iron railings, a wine cellar and an elevator. From the fourth floor observatory you can see views of Snows Cut, the Intracoastal, the Atlantic and on a clear day, all the way to Wrightsville Beach. Even though it is surrounded by water, at 17 feet above sea level, it is located outside of the flood zone. A total of 33 palm trees are located on the property which adds to the Florida feeling. Asking price $1,950,000.
This property is listed by Leslie & Drew McIntosh of Century 21 Sweyer & Associates – Landfall
On a Downtown Condominium; 18 South Water Street 6, Wilmington
The historic J.W. Brooks Building has been a part of the Wilmington skyline since the 1920’s. While the first level is used for commercial purposes, the upper levels are residential condominiums, and one of the corner units is for sale. This one-of-a-kind property offers an open floorplan with what the listing agent calls “a blend of modern architecture and contemporary design.” The three bedroom, three-and-a-half bath, 2,400 square foot home features hardwood floors and rustic wooden beams, plus an updated kitchen with granite counter tops and a copper backsplash. The two story condo has 27 windows, most of them overlooking the Cape Fear River. This home offers incredible views and is walking distance to great restaurants and downtown nightlife. The property is located in a flood zone, the insurance is included in the annual HOA fees which total more than $14,000. Asking price $750,000.
This home is listed by William Musselwhite/ Landmark Sotheby’s International Realty
Luxury Property in New Hanover County; 7319 Carolina Beach Rd.,Wilmington
To be sure this is a prime home at a prime price, but it is truly a one-of-a-kind deal. Even though this house is off one of the busiest streets in town, we’re betting you probably never knew it existed. It sits on nearly 11 acres that fronts to the Intracoastal Waterway. This elegant estate includes a 6200 square foot main house, a two-bedroom carriage house, a three-bedroom guest house, and a pool house. The large indoor heated pool has a 50-foot extension for swimming laps; an expansive retractable movie screen for watching your favorite media while floating in the pool; his and her changing rooms; and an elevated area for all your professional exercise equipment. Inside the main house, even the most discriminating buyer will be impressed by all the custom features and details. A few examples: red onyx around the two-sided fireplace; bamboo floors with black walnut inlay; hand-woven carpeting up the main staircase and around the rotunda area; English Beech and eucalyptus wood in the great room; custom wrought iron banisters fashioned to look like sea grass; gravity glass sinks; and the list goes on and on. Did we mention the putting green, the 195 feet of Intracoastal Waterway frontage and 450’ pier with a gazebo? And the spectacular sunrises? Asking price: $7,400,000.
This property is listed by Michelle Clark/Intracoastal Realty Corp
BEST DEAL IN ST. JAMES: 2798 Lawton Court, $475,000 Click here for more information.
BEST DEAL IN WINDING RIVER PLANTATION:1834 Quail Point SE, Bolivia, $399,000 Click here for more information.
BEST DEAL IN CASTLE HAYNE: 3912 Lynn Avenue, $249,900 Click here for more information.
BEST DEAL ON PLEASURE ISLAND: 1506 Mackerel Lane, Carolina Beach $399,000 Click here for more information.
This report is presented by the team at Just For Buyers Realty. As the name implies, Just For Buyers Realty serves only buyers. In a state where buyers purchase real estate at their own risk, the company’s mission is to serve as Superheroes for Buyers. Since we don’t represent sellers or homes, we are in a unique and unbiased position to report on the current state of the tri-county area’s housing market. This list is somewhat objective, taking into account variables like price per square foot. But, it is also subjective, factoring in our team of experts’ judgment calls on which properties they believe represent the best bang for the buck. While not everyone may agree with our choices, to be sure, you can be certain our opinions are independent since we do not represent these properties or have a vested interest in their sale. Contact Just For Buyers Realty by calling 910-202-4813 or e-mailing info@JustForBuyersRealty.com, or visit www.JustForBuyersRealty.com