Sales comparison approach using recent new construction sales in the area. Adjusted for size, features, and market conditions.
Spacious New 4BR/3BA Two-Story on a .29-Acre Lot
Set on a level, nearly one-third acre parcel in The Farm at Neill's Creek, 41 Peach Grove Way is a freshly completed Chesapeake Homes build that delivers generous living space and thoughtful touches across 2,667 square feet. The exterior’s traditional lines and architectural shingle roof welcome you to a two-story layout designed for everyday living and entertaining: an open great room adjoins the kitchen to create a central living hub, while a covered rear porch extends that gathering space outdoors.
Upstairs, a flexible loft adds another layer of living — ideal as a media room, homework center, or play space — and four bedrooms keep family life comfortably separated. The owner’s suite includes tray ceiling detail, a large walk-in closet, and a double-sink vanity in the ensuite, providing both storage and a polished daily routine. The home’s three full bathrooms and lack of a basement keep maintenance straightforward for new homeowners.
Mechanical and practical systems were specified for modern needs: zoned natural gas heating, central air with zoning, public water and sewer, and a two-car attached garage plus driveway parking for additional vehicles. Construction is wood frame with durable exterior materials and a level yard that’s ready for landscaping, a playset, or a garden.
Location is a quietly growing advantage: downtown Lillington is about three miles away, Campbell University within five miles, and the Cape Fear River just two miles from your doorstep for weekend paddling or riverside walks. Raven Rock State Park sits within easy driving distance for stronger hikes and river overlooks. With new homes surrounding this pocket of development, this property gives buyers a chance to move into a modern home in a neighborhood still taking shape.
Priced at $414,900 and offered vacant and move-in ready, this home is positioned for buyers who want the conveniences of new construction—minimal immediate maintenance, modern systems, and open living—while staying close to local amenities and natural attractions. A practical two-story plan, a covered porch for relaxed evenings, and flexible upstairs living spaces make this a standout among recent builds in the community.
See the properties helping shape the valuation.
Comparable sales
- 29 SF larger
- 0.5 fewer bathrooms
- Similar lot size
- 1 year older
- 310 SF smaller
- Similar lot size
- Same year built
- 460 SF smaller
- 1 fewer bedroom
- 1 fewer bathroom
- Similar lot size
- 1 year older
A 2026 traditional on 0.29 acres.
Building
Site & utilities
The Farm at Neill's Creek
Researched nearby locations
Location
41 Peach Grove Way, Lillington, NC 27546
The Farm at Neill's Creek is a developing residential neighborhood in Lillington that blends new-home construction with easy access to local amenities and outdoor recreation. Residents enjoy quick drives to Downtown Lillington for dining and services, close proximity to the Cape Fear River for water recreation, and reachable trails and overlooks at Raven Rock State Park. Campbell University and regional employment centers in the Raleigh-Cary MSA are within commuting distance, making this community attractive to families and professionals seeking new-build comfort with countryside character. Local schools are average-rated, and the neighborhood is growing with additional homebuilding and infrastructure improvements underway.
Very good regional recreation access with Cape Fear River just 2 miles away, Raven Rock State Park within about 10 miles for hiking, and multiple outdoor options across the Raleigh-Cary MSA for boating, trails, and golf.
A factual market snapshot around 41 Peach Grove Way.
The local Lillington market sits between neutral and leaning seller-favorable: inventory is tight at roughly three months supply and homes average about 45 days on market, signalling steady demand without the extremes of a hot market. Median sale price in the area is roughly $350,000, while this new-construction listing is priced at $414,900 (≈$156 per sq ft), which is consistent with recent new-home closings that ranged from approximately $345,000 to $353,000 and up to $420,000 for comparably finished models. One-year appreciation is modest near 5%, with five-year appreciation around 20%—evidence of longer-term growth amid measured short-term shifts.
Single-family new construction in The Farm at Neill's Creek tends to hold value because buyers pay a premium for turnkey systems, modern layouts, and warranty coverage. Given average days on market of 45 and a ~3-month supply, motivated sellers and buyers can still negotiate, but well-priced, move-in-ready homes with desirable features (lofts, covered porches, zoned HVAC) are selling faster. For buyers, now is an opportune time to secure new construction at competitive pricing relative to the median and to capture potential appreciation as the neighborhood matures.
Residential District
Zoning
Research-indicated uses
- Single Family Residential
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 292 SF smaller
- 292 SF smaller
What the research supports — and what is still worth verifying.
Key findings
- Listed at $414,900 ($156 per square foot)
- Comparable new construction homes sold between $350,000 and $420,000
- Median sale price in Lillington area is $350,000
- Average days on market: 45
- 5% appreciation over past year; 20% over past five years
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify builder's warranty and any included appliances
- Review HOA covenants and restrictions
- Professional home inspection
- Confirm utility providers and connection status
What stands out about this property.
Interior Features
- 4 bedrooms, 3 full bathrooms
- 2,667 sq ft two-story plan
- Open-concept great room and kitchen
- Upstairs loft flexible for media or office
- Primary suite with tray ceiling and walk-in closet
- Double-sink vanity in owner's bathroom
- Zoned natural gas heating and central AC
- No basement — slab construction
Exterior & Lot
- Level 0.29-acre lot
- Rear covered porch for outdoor living
- 2-car attached garage plus driveway parking
- Architectural shingle roof
- Public water and sewer; Piedmont Natural Gas; Duke Energy
- Standard residential driveway from Peach Grove Way
Location & Neighborhood
- The Farm at Neill's Creek community
- 3 miles to Downtown Lillington
- 2 miles to Cape Fear River
- 5 miles to Campbell University
- 10 miles to Raven Rock State Park
Walkability & Recreation
- Walkability Rating: 35/100 — Car-Dependent
- Nearby parks and green spaces: Cape Fear River access, neighborhood green areas
- Hiking and biking within ~10 miles — Raven Rock State Park
- Golf courses and broader recreation options available across the Raleigh-Cary MSA
- Running/walking routes along local roads and river corridors
- Community in active residential development with emerging amenities
Sources & research confidence.
See where the property research came from and how confidence varies by field.