$355,000
3 Bed · 2 Bath · 1,599 Sq Ft
Updated 3BR/2BA ranch near Southport beaches and boating
3
Beds
2
Baths
1,599
Sq Ft
2005
Built
0.45 acres
Lot
2-car attached
Garage
Walk up the front porch and you’ll notice what makes this ranch special: a welcoming entry with rocking‑chair potential and a peek‑a‑boo view of one of Boiling Spring Lakes’ quiet coves. Built in 2005 and thoughtfully maintained, the single‑story floor plan stretches a practical 1,599 square feet and opens beneath vaulted ceilings that add a sense of air and volume to everyday living.
During my tour I was struck by how the public rooms feel generous without being sprawling. A formal dining room sits adjacent to a comfortable living area, while the kitchen has been given useful, modern updates—new stainless steel appliances and a layout that keeps family life and entertaining within easy reach. Practical touches include a dedicated laundry room and a two‑car attached garage, and the homeowners installed a new HVAC system in 2019, easing near‑term maintenance concerns.
Outside, the nearly half‑acre lot is level and ready for enhancement: think garden beds, a covered lanai, or a pool—there’s room to expand. The backyard backs to private residential lots and keeps the serene character of the neighborhood intact. From the porch you’ll still catch glimpses of the water, an understated reminder that this is lake‑community living without a steep price premium.
Location is a key part of the appeal. This home sits in Boiling Spring Lakes with no HOA fees, offering easy access to Historic Southport (about 10 miles) for riverside dining and galleries, Oak Island beaches roughly 15 miles away, and Wilmington within a 30‑mile drive for broader cultural amenities. Local schools feed into the Brunswick County Schools system. With a solid mix of recent updates, strong neighborhood desirability and a sizable yard, 940 Eden Drive is a practical choice for buyers seeking single‑level living near coastal recreation. Buyers should verify roof and septic condition and confirm flood zone status as part of due diligence.
Boiling Spring Lakes offers a relaxed, waterside lifestyle built around a cluster of small lakes and wooded streets. Residents enjoy low HOA overhead and easy access to regional attractions—Historic Southport’s shops and waterfront dining are about 10 miles away, while Oak Island’s beaches sit within a comfortable drive. The community is family‑oriented and outdoorsy, with boating and fishing opportunities close to home, and larger retail, healthcare and cultural options available in nearby Wilmington. Schools in the Brunswick County district serve local students, and the area appeals to buyers seeking affordable coastal access without high density.
Boiling Spring Lakes currently favors sellers: inventory sits near 2.5 months and average days on market hover around 30, indicating homes typically receive offers within a month. The neighborhood’s median sale price is about $365,000 and annual appreciation is modestly positive (roughly 5% over the last year; about 25% over five years), reflecting steady demand driven by proximity to Southport, Oak Island and Wilmington. Comparable sales within a half‑mile suggest a realistic value band for similar 3‑bed ranches between $340K and $370K; our valuation midpoint is $355,000. Single‑family homes in this segment move faster than condos or vacant land, particularly well‑maintained, move‑in ready properties with outdoor space. For buyers, that means prepared offers and quick decisions win; for sellers, it’s an opportunity to capitalize on limited local inventory. Investors will note rental demand is healthy—estimated monthly rent about $1,800 and a gross rental yield near 6%—supporting short‑term or long‑term rental strategies if local regulations allow.
Bolivia Elementary
Elementary
South Brunswick Middle
Middle
South Brunswick High
High
Very good outdoor access with community lakes for boating and fishing, beach access at Oak Island about 15 miles away, and Historic Southport within a short drive for waterfront dining and seasonal events.
Well-maintained ranch-style home in a peaceful community with recent updates and significant appreciation potential. Proximity to coastal attractions and no HOA fees enhance its appeal.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$340K
Midpoint
$355K
High
$370K
$222/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for updates, lot size, and bedroom count. Assessed value of $180,010 appears below market.
As of 2026-03-07
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Boiling Spring Lakes has experienced steady growth due to its proximity to coastal attractions and affordable housing options.
Proximity to historic Southport, Oak Island beaches, and Wilmington offers a variety of dining, shopping, and recreational opportunities.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$139/SF
Arm's length transaction.
$124/SF
New construction sale.
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