Estimate anchored to list price of **$899,900** and AVM (~$900,348). Range reflects typical 5-6% negotiation room and local coastal premium for waterfront/resort-amenity homes.
Modern 4-Bed Waterfront Home with Private Elevator & Resort Amenities
Stunning modern coastal design meets resort-style living at 367 Spicer Lake Drive — a recently completed, move-in-ready residence inside the gated Summerhouse on Everett Bay community. Built in 2025 and offering 3,200 square feet across three levels, this home delivers four true bedrooms and four full bathrooms, a private elevator that serves every floor, and expansive living spaces tailored for entertaining and everyday comfort. The main living area opens to a crisp, contemporary kitchen and dining zone that flows seamlessly to covered outdoor areas overlooking a peaceful lake.
Thoughtful finishes throughout emphasize a coastal palette and durable, high-end materials — wide plank floors, premium plumbing fixtures, and tasteful tile work in each bath. The owner's suite is generously sized with an en-suite bath and water-facing windows; additional bedrooms offer privacy and flexibility for guests or a home office. Storage has been carefully considered with abundant closets and flexible multi-level living spaces. The attached garage and driveway provide secure parking, and the property is sited on a manageable 0.20-acre lot that frames the community lake.
The lifestyle here is a defining feature. Summerhouse on Everett Bay is a gated, waterfront enclave with amenities that read like a coastal resort — a lazy river, resort-style swimming pool, luxury clubhouse, fitness center, tennis courts, day docks and scenic walking paths. Those amenities, combined with the proximity to Topsail Island beaches (a short drive), make this property ideal as a primary residence, a second home, or a lifestyle rental (confirm HOA rental policies).
Every detail has been considered for comfort and accessibility: an elevator that simplifies daily life, freshly finished interiors, and a layout built for both social gatherings and quiet retreat. With an asking price of $899,900, this offers a rare opportunity to own contemporary waterfront living with immediate access to community resort amenities and easy beach access.
See the properties helping shape the valuation.
Comparable sales
A 2025 single family on 0.2 acres.
Building
Site & utilities
Summerhouse on Everett Bay
Researched nearby locations
Location
367 Spicer Lake Dr, Holly Ridge, NC 28445
Summerhouse on Everett Bay is a planned, gated coastal community focused on leisure and waterfront living. Landscaped common areas, day docks, a clubhouse and resort-style pool create a neighborhood with strong leisure appeal. The area attracts a mix of full-time residents, retirees, and second-home owners drawn to the nearby Topsail beaches and the Wilmington employment and service corridor.
Excellent access to water-based recreation: community day docks, nearby boating and fishing, walking trails and Topsail Island beaches within a short drive.
A factual market snapshot around Spicer Lake Dr.
This property sits within the coastal submarket north of Wilmington and around Topsail Island, an area that has seen steady demand for amenity-rich and water-adjacent homes. Buyer appetite remains strongest for turnkey, new-construction quality properties that are close to beaches and offer lifestyle features — exactly what Summerhouse provides. At the listed price of $899,900 and a price-per-square-foot of about $281, expect interest from local downsizers, primary-home buyers seeking coastal access, and second-home buyers from the Wilmington and Raleigh markets. Inventory for high-end waterfront homes is more constrained than the entry-level market, which supports pricing stability; however, seasonality matters — marketing in spring/summer typically draws the most competitive attention. Confirm HOA rental rules if pursuing short-term rental income — permitted rentals can materially improve yield during peak season.
Single-family residential within a planned, gated waterfront community. HOA design guidelines and setbacks likely apply.
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Uses Per HOA Covenants
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- List price: **$899,900**; AVM: ~$900,348.
- Size: **3,200 sqft** on a **0.20-acre** lot with lake view.
- Built in **2025**; condition considered excellent.
- Community amenities significantly enhance marketability and rental potential.
- Price per sqft reported as **$281** (consistent with similar new waterfront builds in the area).
What stands out about this property.
Interior Features
- 4 bedrooms, 4 full bathrooms
- Private elevator to all floors
- Open-concept living, dining, kitchen layout
- Premium finishes with coastal aesthetic
- Owner's suite with en-suite bathroom and lake views
- Abundant storage and flexible bonus spaces
Exterior & Lot
- Lake view lot (0.20 acres / 8,712 sqft)
- Attached garage with driveway
- Covered outdoor living areas
- Community-maintained grounds within gated development
- Low-maintenance landscaping
Location & Neighborhood
- Located inside Summerhouse on Everett Bay (gated waterfront community)
- Resort-style amenities: lazy river, pool, clubhouse, fitness center, tennis courts, day docks
- Short drive to Topsail Island beaches
- Convenient access to Wilmington area services and regional road network
- Neighborhood character: resort-focused, mix of full-time and seasonal residents
Walkability & Recreation
- Walkability Rating: 35/100
- Community walking paths and lakefront trails
- Close to beach recreation, boating, and fishing
- Nearby shopping and dining within 10–25 minute drive
Sources & research confidence.
See where the property research came from and how confidence varies by field.