$899,900
367 Spicer Lake Dr, Holly Ridge, NC 28445
Modern 4-Bed Waterfront Home with Private Elevator & Resort Amenities
4 Bed · 4 Bath · 3,200 Sq Ft
Luxury 3,200 sqft coastal living inside gated Summerhouse on Everett Bay
4
Beds
4
Baths
3,200
Sq Ft
2025
Built
0.20 acres
Lot
Attached garage (exact bays not specified)
Garage
About Spicer Lake Dr
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.
Home Highlights
Property Features
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
Neighborhood & Location
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.
Market Insights
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.
Nearby Schools
Holly Ridge Elementary
Elementary · 2–4 mi (estimate)
Topsail Middle School
Middle · 8–12 mi (estimate)
Topsail High School
High · 10–15 mi (estimate)
Walkability & Recreation
Excellent access to water-based recreation: community day docks, nearby boating and fishing, walking trails and Topsail Island beaches within a short drive.
Investment Highlights
- Modern coastal finishes and turnkey condition (built 2025).
- Private elevator servicing all levels — rare in comparable homes.
- Gated waterfront community with resort-style amenities (lazy river, pool, clubhouse, fitness center, day docks).
- Short drive to Topsail Island beaches — strong appeal for second-home and rental markets.
- Large 3,200 sqft floor plan with 4 beds/4 baths providing flexibility for families or multi-use occupancy.
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).
Things to Consider
- School boundary assignment uncertain — buyer should confirm with district.
- Higher price tier leads to a narrower buyer pool; expected longer marketing than entry-level homes.
- Exact property tax data and assessed values not provided — verify with county tax office.
Opportunity Analysis
Acquire a turnkey, modern coastal home in a gated waterfront resort community near Topsail Island; hold as a primary residence with strong lifestyle amenities or capitalize on short-term/seasonal rental demand (subject to HOA rules).
Potential Use Scenarios
- Market to coastal lifestyle buyers and second-home buyers, highlighting community amenities and proximity to beaches.
- If investor, verify HOA policies on short-term rentals; if allowed, target premium seasonal rental rates.
- For owner-occupant buyers, emphasize accessibility features (elevator) for aging-in-place buyers.
Risk Factors
- HOA and community restrictions may limit rental options.
- Coastal weather exposure — ensure updated insurance quotes and elevation/resilience features.
- Luxury price sensitivity in off-season months could impact time on market.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$850K
Midpoint
$900K
High
$950K
$281/SF estimated price per square foot
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.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Coastal Pender/Onslow corridor has seen steady population growth as retirees and second-home buyers expand away from Wilmington; seasonal traffic and tourism influence local economy.
Nearby Points of Interest
- Topsail Island beaches (approx. 10–20 min)
- Surf City shopping & dining (approx. 15–25 min)
Located inside Summerhouse on Everett Bay gated community with clubhouse, lazy river, pool, fitness center, day docks, tennis courts, and walking paths; short drive to Topsail Island beaches, regional shopping, and services.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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