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 (910) 202-4813

  info@justforbuyersrealty.com

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Could Navassa be the Next Boom Town?

August 4, 2021 By Just For Buyers Realty

With limited space to build in New Hanover County, developers have been searching for other areas that could serve as bedroom communities.  In the last year we’ve seen announcements of major projects for areas like Rocky Point and Hampstead. And now one firm is betting big on Navassa.

Tribute Investment and Development has announced plans to build a community with 1,200 lots for resort-style neighborhoods, along with amenities and commercial space. The project will be located off Cedar Hill Road and if approved by the town council will be called “Cedar Lakes.”

The development would join two other areas already in the works for the Brunswick County town. Navassa’s council has already approved neighborhoods called River Bend and Indian Creek, which are expected to eventually include thousands of homes.

The Cedar Lakes development is planned on land currently owned by Sand Pit Partners LLC and involves neighborhoods that would be “suitable for single-family, RVs and manufactured homes.

According to the developer’s submission, Cedar Lakes would create “a relaxing and recreational lifestyle, while facilitating a sense of environmental interaction with the unique water resources and eco-walking trails. The public will be encouraged to interact with the walking trails, camping sites and lake within and surrounding Cedar Lakes. Each District within Cedar Lakes will be both individually unique and integrated by architecture and landscape with the other Districts.”

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Office: (910) 202-4813

Email: info@justforbuyersrealty.com

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5 Silva Terra Drive, Suite 140
Wilmington, NC 28412
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