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.
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.
See the properties helping shape the valuation.
Comparable sales
- 41 SF smaller
- 0.5 additional bathrooms
- 2,296 SF smaller lot
- 14 years newer
- 407 SF larger
- 0.5 additional bathrooms
- Similar lot size
- Same year built
- 1,007 SF larger
- 1 additional bedroom
- 1.5 additional bathrooms
- 9,900 SF larger lot
- 15 years older
A 2005 ranch on 0.45 acres.
Building
Site & utilities
Boiling Spring Lakes
Researched nearby locations
Location
940 Eden Dr, Southport, NC 28461
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.
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.
A factual market snapshot around 940 Eden Dr.
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.
Single Family Residential
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- 41 SF smaller
- 0.5 additional bathrooms
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.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.