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Active
$384,900 Est. $2,774/mo — Get pre-qualified
3beds 2baths 1,820sq ft 0.06acres

1242 Formosa Drive SE # # 81 · Bolivia, NC 28422

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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.

Features & Amenities

Living Area1,820 Sq.Ft.
Bedrooms3
Baths2
HeatingElectric, Heat Pump
CoolingCentral Air
FlooringLaminate, Tile
FireplaceGas Log
AppliancesVented Exhaust Fan, Gas Cooktop, Built-In Microwave, Built-In Electric Oven, Disposal, Dishwasher
Interior FeaturesMaster 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
LaundryLaundry Room
Exterior FeaturesIrrigation System, End Unit
StyleTownhouse
Year Built2025
ConstructionBrick, Wood Frame
RoofShingle
FoundationSlab
ParkingGarage Faces Front, Garage Door Opener, Off Street, Garage
StatusActive
Lot Size0.06 Acres
Lot FeaturesCul-De-Sac
SubdivisionPalmetto Creek
CountyBRUNSWICK
Last UpdatedOct 9, 2026
UtilitiesCable Available, Sewer Connected, Water Connected
Water SourcePublic
HOAYes — $1,468 / year
HOA ManagementPalmetto Creek POA
ElementaryVirginia Williamson Elementary School
MiddleCedar Grove Middle School
HighSouth Brunswick High School
Presented By: Coldwell Banker Sea Coast Advantage; 910.799.3435; pollypurnellnorris@seacoastrealty.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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Last Updated: Oct 9, 2026