When complete, Lily Pond will consist of 40 homes on a private cul-de-sac off Old Mill Road in Leland, North Carolina. Construction began in 2014 and continues today. At last count, 32 of the homes sites have been purchased.
Although it is in close proximity to Powell Branch Creek, and other wetlands, the subdivision is located outside of the flood zone.
Those looking to purchase new construction have the option of four different floor plans ranging in size from 1,400 to 2,200 square feet. Each design offers three bedrooms and two baths, with one of the designs offering a bonus room over the garage and an additional half bath.
The average lot size is just over a 10th of an acre, but because each home backs up to a wooded area, the lots seem larger.
The neighborhood is only a 10 to 15 minute drive to downtown Wilmington and a half hour drive to either Wrightsville Beach or Oak Island.
There are no amenities in Lily Pond. Homeowners pay an annual HOA fee of $100 which covers the upkeep of a common green area.
So far in 2023, a total of three homes have sold in Lily Pond for an average price of $350,166.