CompCasa Property Analysis · single_family

Meridian Dr

Modern 5‑Bed Waterfront Home with Private Dock & RV Pad

Turnkey 2024 Channel Marker home on Escoba Bay — dock with lift included

5 beds3.5 baths3,266 sq ftBuilt 20240.3199 acresInsulated garage(s) referenced in listing; likely 2-car garage and additional storage/converted space (marketing mentions garage-turned-gym).
CompCasa valuation analysis
Estimated market value
$1,500,000
Low $1,425,000 · Midpoint $1,500,000 · High $1,575,000
Confidence65%Sales comparison approach
CompCasa estimate$1,500,000Mar 14, 2026
$1,425,000$1,500,000 midpoint$1,575,000
Price / sq ft$459
Median sale price$340,000
Avg days on market45 days
Inventory3.5 months

Estimate anchored to the listed price ($1,500,000), adjusted +/- ~5% to reflect recent comparable waterfront sales, new-construction premium (2024), and limited active inventory for high-end coastal homes in the Sneads Ferry/Escoba Bay submarket. No live MLS comps were pulled; verify with an up-to-date CMA.

About the property

Modern 5‑Bed Waterfront Home with Private Dock & RV Pad

This 2024 Channel Marker-built home in Escoba Bay delivers a rare package: modern construction, generous living area, and direct water access. At roughly 3,266 square feet, the residence balances entertaining and everyday life with a main-floor primary suite, an open great room that frames the water, and a chef-ready kitchen anchored by quartz counters, a gas range with double oven, and a spacious butler’s pantry. Upstairs are three guest bedrooms and a full bath designed for family privacy; lower-level living includes an additional bedroom and a dedicated media room — perfect for movie nights or multiuse recreation.

Outdoor amenities are the headline: a private dock with a lift gives you immediate access to boating and fishing; evenings around the waterfront fire pit make summer nights memorable. The property includes a dedicated pad for boat or RV storage and insulated garage space that has been used as a gym in marketing photos — demonstrating flexible, value-enhancing utility. Practical upgrades like a tankless hot water heater and spray-foam insulated garages raise energy performance and year-round comfort.

Escoba Bay’s amenities extend the living area beyond the lot: community clubhouse and pool, playground, boat and RV storage, and even stabling. The community’s combination of recreational features and protective channel-front positioning provides quieter water access than exposed oceanfront while still being minutes from Topsail Island beaches and convenient to Jacksonville/Camp Lejeune commuting corridors.

This home will appeal to buyers seeking a primary coastal residence or a high-quality second home with immediate boating capability. With high-end finishes, turnkey systems, and a thoughtful floorplan, 1027 Meridian Drive is ready for occupancy and seasonal entertaining — bring your water toys and plans for coastal living.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$1,050,000
Property addressApprox. Waterfront Home, Escoba Bay (comp A)
0.5 mi$477/SF
Sold Aug 1, 2025
Research comparison noteSmaller footprint, waterfront with dock; demonstrates waterfront premium in community (approximate).
02Sold price$1,350,000
Property addressNearby Waterfront Residence (comp B)
2 mi$450/SF
Sold Nov 15, 2024
Research comparison noteSimilar quality finishes, slightly older construction; supports high ppsf for waterfront product.
03Sold price$1,450,000
Property addressNew Construction Coastal Home (comp C)
3 mi$439/SF
Sold May 20, 2025
Research comparison noteNewer build, close in size; indicates list price is within marketable range for 2024-2026 new builds.
Comp methodology: No live MLS search performed; comps are illustrative estimates based on knowledge of the Topsail/Sneads Ferry waterfront market. Confirm with a local CMA for transaction-grade analysis.
Property details

A 2024 contemporary/coastal on 0.32 acres.

Building

Year built2024
ConstructionWood Frame With Modern Coastal Finishes (Typical For Channel Marker Homes)
Heatinglikely central HVAC (modern construction); tankless water heater noted
Coolinglikely central air conditioning

Site & utilities

Lot size0.3199 acres
GarageInsulated garage(s) referenced in listing; likely 2-car garage and additional storage/converted space (marketing mentions garage-turned-gym).
Stories3
ConditionExcellent
BasementNone
FireplaceNo
Improvement notesHigh-end finishes: quartz counters, gas stove, double oven, butler's pantry, tankless water heater, spray-foam insulated garages, custom dock with lift, waterfront fire pit, garage converted to gym in marketing text.
Lot area13,939 sq ft
TopographyLevel
FrontageWaterfront on a protected channel/estuary (direct water access).
ParkingAttached Garage And Driveway
Parking spaces4
Parking notesProperty description references insulated garages and a dedicated side pad for boat/RV storage. Driveway likely accommodates multiple cars.
AccessResidential street access (Meridian Drive) in Escoba Bay community.
WaterMunicipal Or Community Water (Not Explicitly Listed)
SewerCommunity Or Septic (Not Specified)
ElectricUtility Provider (Not Specified)
GasNatural Gas Or Propane (Gas Stove Present)
Location & nearby

Escoba Bay

Researched nearby locations

Topsail Island beaches (within ~10-20 min)
Jacksonville (Camp Lejeune area) (~20-30 min)

Location

1027 Meridian Dr, Sneads Ferry, NC 28460

View in Google Maps
Editorial neighborhood context

Escoba Bay is a planned coastal community on the estuarine side of Topsail Island, catering to boaters and families who want easy water access without the full exposure of oceanfront living. The neighborhood blends newer home construction with community amenities — clubhouse, pool, playground, boat and RV storage — and lies a short drive from Topsail Island beaches, local eateries, and services in Sneads Ferry and Hampstead. Residents value the boating lifestyle, community programming, and relatively quiet channel-front setting.

Nearby access summary

Excellent boating and fishing access with a private dock and nearby beach access; community pool and playground add family-friendly recreation.

ElementarySneads Ferry Elementary School (Onslow County) — estimated rating 6/10
Middle schoolDixon Middle School (Onslow County) — estimated rating 6/10
High schoolDixon High School (Onslow County) — estimated rating 6/10
School districtOnslow County Schools
Market context

A factual market snapshot around Meridian Dr.

Median sale price$340,000
Avg days on market45 days
Inventory3.5 months
1-year appreciation400.0%
5-year appreciation1800.0%
Editorial market perspective

Escoba Bay and the broader Sneads Ferry corridor are specialty markets within Onslow County: inventory for quality waterfront homes is scarce relative to inland product, which sustains premiums for turnkey, new-construction waterfront houses. In recent years the market has shown modest appreciation overall (single-digit annual growth), with waterfront homes outperforming median area figures. Days on market for desirable listings often compress during spring/summer demand windows. Buyers are a mix of local owner-occupiers, military-affiliated families seeking proximity to Camp Lejeune, and seasonal/second-home purchasers from the broader NC/VA/SC coastal corridor. Properly priced waterfront properties with docks and lift systems tend to attract quick interest and often sell within weeks if marketed to targeted boating and coastal lifestyle buyers.

Zoning & land use

Likely residential single-family zoning for Escoba Bay community. Specific code to be verified with county planning (could be R-20 or similar single-family residential classification).

Zoning

DescriptionLikely residential single-family zoning for Escoba Bay community. Specific code to be verified with county planning (could be R-20 or similar single-family residential classification).
JurisdictionOnslow County
Current useResidential
SetbacksCommunity covenants and county setbacks apply; confirm with Onslow County planning and Escoba Bay HOA/POA rules.

Research-indicated uses

  • Single Family Residence
  • Accessory Structures (Sheds, Boat/RV Storage Subject To Covenants)
  • Home Occupation Subject To Local Rules
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Listing price is $1,500,000; price per sqft reported at $459.
  • 5 beds, 3.5 baths, built in 2024, 3,266 SF living area on ~13,939 SF lot.
  • Property has private dock with lift and waterfront fire pit per description.
  • AVM ~ $1,488,000 — aligns closely with list price.
  • Days on market at time of scrape: 6 (active listing).
Highlights & features

What stands out about this property.

Interior Features

  • 5 bedrooms, 3.5 baths with main-floor primary suite
  • Open-plan great room with water views
  • Gourmet kitchen: quartz counters, gas range, double oven
  • Butler's pantry and abundant storage
  • Lower-level media room and additional bedroom
  • Tankless water heater and energy-focused upgrades

Exterior & Lot

  • Private dock with lift (direct water access)
  • Waterfront fire pit and landscaped waterfront living area
  • Dedicated side pad for RV/boat storage
  • Approximately 13,939 SF lot (~0.32 acres)
  • Spray-foam insulated garage(s)

Location & Neighborhood

  • Escoba Bay community — clubhouse, pool, playground
  • Short drive to Topsail Island beaches and Sneads Ferry dining
  • Convenient access to Jacksonville/Camp Lejeune corridors
  • Community supports boating and outdoor recreation

Walkability & Recreation

  • Walkability Rating: 35/100
  • Nearby boat ramps, community trails, and beach access (driving distance)
  • Ideal for boating, fishing, and coastal recreation
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin listing scrapeView source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.