Townhouse at 1242 Formosa Drive SE # 81, Bolivia, NC 28422
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56 photos

$384,900

1242 Formosa Drive SE # 81, Bolivia, NC 28422
Bolivia, NC 28422
Listed by Team Thirty 4 North · Coldwell Banker Sea Coast Advantage
Bedrooms
3
Bathrooms
2
Living area
1,820 sqft
Year built
2025

About this home

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.

Highlights

FireplaceNew construction

Property details

MLS
Hive MLS
MLS #
100608881
Property type
Townhouse
Subdivision
Palmetto Creek
Status
Active
Days on market
19
On market date
October 7, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
2
Lot size
0.06 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Virginia Williamson Elem
1.08 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
499
Student:teacher ratio
15.1:1
District
Brunswick County Schools
Middle
Cedar Grove Middle
3.55 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
459
Student:teacher ratio
14.3:1
District
Brunswick County Schools
High
Brunswick County Early College
3.18 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
365
Student:teacher ratio
33.2:1
District
Brunswick County Schools

Walkability

Blended score for Bolivia's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

18
Very car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Bolivia, from live MLS data.

On the market 19 days -- 121 fewer days than Bolivia's current average of 140 days.
For reference, the median list price across 385 active listings in Bolivia right now is $289,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$2,468/mo
$76,980 down
$307,920 loan
Principal & interest$1,997
Property tax (est.)$321
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.