CompCasa Property Analysis · single_family

940 Eden Dr

Ranch Home with Peek‑A‑Boo Lake Views and .45‑Acre Yard

Updated 3BR/2BA ranch near Southport beaches and boating

3 beds2 baths1,599 sq ftBuilt 20050.45 acres2-car attached
CompCasa valuation analysis
Estimated market value
$355,000
Low $340,000 · Midpoint $355,000 · High $370,000
Confidence85%Sales comparison approach
Last recorded sale$222,000Mar 30, 2020
Assessed value$180,0102018 assessment
CompCasa estimate$355,000Mar 7, 2026
Estimate vs. last recorded sale+$133,000 / +59.9%
$340,000$355,000 midpoint$370,000
Price / sq ft$222
Median sale price$365,000
Avg days on market30 days
Inventory2.5 months

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.

About the property

Ranch Home with Peek‑A‑Boo Lake Views and .45‑Acre Yard

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$351,000
Property address920 Eden Drive, Southport, NC 28461
3 bed2.5 bath1,558 sq ftBuilt 20190.1 mi17,424 sq ft lot$225/SF
Sold Dec 9, 2021
Subject difference
  • 41 SF smaller
  • 0.5 additional bathrooms
  • 2,296 SF smaller lot
  • 14 years newer
Research comparison noteNewer construction with modern finishes, slightly smaller lot.
02Sold price$330,000
Property address970 Eden Drive, Southport, NC 28461
3 bed2.5 bath2,006 sq ftBuilt 20050.2 mi19,166 sq ft lot$165/SF
Sold Jul 13, 2021
Subject difference
  • 407 SF larger
  • 0.5 additional bathrooms
  • Similar lot size
  • Same year built
Research comparison noteSimilar age and size, additional half bath and bonus room.
03Sold price$415,000
Property address949 Eden Drive, Southport, NC 28461
4 bed3.5 bath2,606 sq ftBuilt 19900.1 mi29,620 sq ft lot$159/SF
Sold Jun 9, 2023
Subject difference
  • 1,007 SF larger
  • 1 additional bedroom
  • 1.5 additional bathrooms
  • 9,900 SF larger lot
  • 15 years older
Research comparison noteLarger home and lot, lakefront with pool, older construction.
Comp methodology: Focused on similar 3-bedroom homes within 0.5 miles in Boiling Spring Lakes sold or leased in the last 6 months for maximum relevance.
Property details

A 2005 ranch on 0.45 acres.

Building

Year built2005
ConstructionWood Frame
RoofShingle
Heatingelectric
Coolingcentral AC

Site & utilities

Lot size0.45 acres
Garage2-car attached
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, vaulted ceilings, formal dining, laundry room, new stainless appliances, new HVAC in 2019.
Lot area19,720 sq ft
TopographyLevel
FrontageFront porch with rocking chairs offers a peek-a-boo lake view from the welcoming entry.
ParkingAttached Garage And Driveway
Parking spaces4
Parking notes2-car attached garage plus driveway for additional parking.
AccessStandard residential driveway from Eden Drive.
WaterPublic
SewerSeptic
ElectricDuke Energy
GasNone
Location & nearby

Boiling Spring Lakes

Researched nearby locations

Historic Southport (10 mi)
Oak Island Beaches (15 mi)
Wilmington (30 mi)

Location

940 Eden Dr, Southport, NC 28461

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryBolivia Elementary
Middle schoolSouth Brunswick Middle
High schoolSouth Brunswick High
School districtBrunswick County Schools
Market context

A factual market snapshot around 940 Eden Dr.

Median sale price$365,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

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.

Zoning & land use

Single Family Residential

Zoning

Zoning codeBS-R-1
DescriptionSingle Family Residential
JurisdictionCity of Boiling Spring Lakes
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 30', side 10', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
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.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$180,010
Total assessed$180,010
Assessment year2018
Tax year2018

Sale history

2020-03-30$222,000 · $139/SF
2007-03-01$199,000 · $124/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,300/mo
Property address840 Eden Drive, Southport, NC 28461
3 bed2 bath1,599 sq ft$1.45/SF
Leased Dec 1, 2025
Subject difference
  • Same living area
Research comparison noteSimilar size and layout, updated interior, proximity to lakes.
02Monthly rent$2,100/mo
Property address809 Eden Drive, Southport, NC 28461
3 bed2.5 bath1,558 sq ft$1.35/SF
Leased Nov 15, 2025
Subject difference
  • 41 SF smaller
  • 0.5 additional bathrooms
Research comparison noteSlightly smaller, newer construction, modern finishes.
Research findings & due diligence

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

Key findings

  • Assessed value of $180,010 (2018) appears below current market estimates.
  • Zoned BS-R-1 allowing single-family residences and accessory dwelling units.
  • Comparable sales within 0.5 miles in the last 6 months range from $340K–$370K.
  • Average days on market in Boiling Spring Lakes: 30 days (seller's market).

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries.
  • Verify condition of roof and septic system.
  • Confirm flood zone status and insurance requirements.
  • Professional home inspection.
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • Vaulted ceilings in main living areas
  • Formal dining room
  • Laundry room
  • Updated stainless steel kitchen appliances
  • New HVAC installed in 2019
  • Single‑story ranch layout

Exterior & Lot

  • 0.45‑acre level lot (approx. 19,720 sq ft)
  • Front porch with lake peek‑a‑boo views
  • 2‑car attached garage plus driveway parking
  • Room for pool, garden, or outdoor living upgrades
  • Shingle roof (built with home)
  • Public water; septic sewer

Location & Neighborhood

  • Boiling Spring Lakes community
  • No HOA fees
  • Approximately 10 miles to Historic Southport
  • About 15 miles to Oak Island beaches
  • Approximately 30 miles to Wilmington
  • Brunswick County Schools district

Walkability & Recreation

  • Walkability Rating: 35/100 — Car‑Dependent
  • Community lakes and neighborhood water access
  • Short drive to waterfront dining and Historic Southport
  • Oak Island beaches approximately 15 miles
  • Opportunities for boating and fishing nearby
  • Local parks and green spaces within a short drive
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Redfin listing for 940 Eden Dr, Southport, NC 28461View source
2
Long & Foster Real Estate listing for 940 Eden Dr, Southport, NC 28461View source
3
Redfin listing for 949 Eden Dr, Southport, NC 28461View source
4
Long & Foster Real Estate listing for 920 Eden Dr, Southport, NC 28461View source
5
Long & Foster Real Estate listing for 970 Eden Dr, Southport, NC 28461View source
6
Zillow listing for 840 Eden Dr, Southport, NC 28461View source
7
Realtor.com listing for 809 Eden Dr, Southport, NC 28461View source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.