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Boiling Spring Lakes, NC Mobile Home for Sale

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    $165,000

    • 3 Beds
    • 2 Baths
    • 928 Sq Ft

    104 Sycamore Rd, Boiling Spring Lakes, NC 28461

    12.5 percent Cap Rate --no brainer investment property to add to your portfolio or to get started with. 2024 Clayton Smart energy certified home with smart thermostat, Rheem Hybrid water heater. Quick ride to Oak Island beach. Established long term tenant in place 1600 per month for top rental income--can probably renew for the long term. Home is essentially new construction so no maintenance

    Jay Seville Ocean Views Real Estate, Inc.

    104 Sycamore Rd, Boiling Spring Lakes, NC 28461

Why Live in Boiling Spring Lakes

Boiling Spring Lakes, located in Brunswick County, North Carolina, is a small town with a population of around 6,000. Incorporated in 1961, it is named after a spring that discharges approximately 43 million gallons of water daily. The town is renowned for its over 50 lakes and numerous swimming beaches, providing residents with ample recreational opportunities. Housing options include new constructions and established neighborhoods with large, wooded lots. Home styles range from traditional homes to cottages and ranch-style houses. Although most streets lack sidewalks, the community offers various amenities, including five public swimming beaches, water aerobics classes, and a free summer concert series at Spring Lake Park. Mirror Lake and Seminole Lake also have public beaches, and Robert G. Muse Memorial Park features a playground. The Lakes Golf Club is a public golf course available to residents. Children in Boiling Spring Lakes attend schools in the Brunswick County School District, with South Brunswick Middle School and South Brunswick High School located within the town. For shopping and dining, residents often travel to nearby Southport, 8 miles away, or Oak Island, 15 miles away, where they can find a variety of restaurants and retail stores. Transportation is facilitated by North Carolina Highway 87, which runs through the town, and a railroad track in the eastern half. Wilmington is 22 miles northeast. However, the area faces significant flood risks, with nearly 30% of properties at risk over the next 30 years, exacerbated by past events like Hurricane Florence in 2018.

Home Trends in Boiling Spring Lakes, NC

Housing Trends

Median Sale Price
$324,000
Median Single Family Sale Price
$325,000
Median Townhouse Sale Price
$509,500
Average Price Per Sq Ft
$223
Number of Homes for Sale
25
Last 12 months Home Sales
89
Months of Supply
3.40
Median List Price
$325,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
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