- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$384,900
Monthly Est:$1,916
3 Beds
- 2 Baths
2 full baths
1,820sqft
1242 Formosa Dr SE # 81, Bolivia, NC 28422
$384,900
$1,916/moEst:
Get Pre-Approved
Townhouse
Built in 2025
$538.33/mo HOA
0.06 acre lot
$211/sq.ft
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: October 8, 2026 at 3:35 pm
- Listing Provided by: Team Thirty 4 North (910) 777-3931 , Matt T Freeman (910) 777-3931 DRE #255896 | Coldwell Banker Sea Coast Advantage (910) 799-3435
- Source: Hive MLS-NC | MLS#: 100608881

Property Details
Status
Active
Type
Townhouse
No. of Stories
1
County
City
Neighborhood
--
Year Built
2025
HOA Fees
$538.33/mo
Finished Area
1,820 sqft
Lot Size
0.06 acre lot
Basement Area
- sqft
MLS Name
Hive MLS
MLS Number
100608881
MLS Status
Active
Days on Market
1

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
HOA Management
Palmetto Creek POA
HOA Fees
$1,468/ Annually
Palmetto Creek Reserve Villas
HOA Fees
$4,992/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Gym
Maintenance
Pest Control
Bike Trails
Tennis
Road Maintenance
Club House
Park Playground
Pool
Common Area
Security Gate
Insurance
Street Light
Sports Court
See Remarks
Management
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Bedroom 3
Level: First
Area: Square Feet
Dimensions: 144.93
Kitchen
Level: First
Area: Square Feet
Dimensions: 167.86
Bedroom 1
Level: First
Area: Square Feet
Dimensions: 161.40
Dining Room
Level: First
Area: Square Feet
Dimensions: 171.74
Living Room
Level: First
Area: Square Feet
Dimensions: 304.26
Bedroom 2
Level: First
Area: Square Feet
Dimensions: 159.06
Interior
Exterior Features
Irrigation System, End Unit
Interior Features
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)
Heating
Electric, Heat Pump
Flooring
Laminate, Tile
Appliances
Vented Exhaust Fan, Gas Cooktop, Built In Microwave, Built In Electric Oven, Disposal, Dishwasher
Cooling
Central Air
Construction
Year Built
Year Built: 2025
Home type
Townhouse
Foundation Details
Slab
Property Condition
Completed, New Construction
Roof
Shingle
Construction Materials
Brick, Wood Frame
Utilities & Energy
Association Amenities
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), See Remarks
Water Source
Public
Utilities
Cable Available, Sewer Connected, Water Connected
Laundry Features
Laundry Room
Fireplace Features
Gas Log
Parking Features
Garage Faces Front, Garage Door Opener, Off Street, Garage
Security Features
Smoke Detector(s)
Other Features
Lot Features
Cul De Sac
Subdivision Name
Palmetto Creek
Patio And Porch Features
Patio, Porch, Screened
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Listed for Sale | $384,900 $211/sqft |
Nearby Homes
Find Homes by Property Features in Bolivia, NC
Nearby New Homes For Sale
Nearby Pre-Owned Homes For Sale
Based on information from the Hive MLS, through Oct 08, 2026, 10:45PM. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of Oct 08, 2026, 10:45PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Chosen Realty LLC nor Houzeo shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Hive MLS. All Rights Reserved.
Advertising Broker: Nicholas Huscroft | Chosen Realty









