Homes for Sale in 28451

• 

  

  

  /24

  $329,990 Open Sat 11AM - 4PM

  • 3 Beds
  • 2 Baths
  • 1,533 Sq Ft

  4073 Farmfield Dr, Navassa, NC 28451

  Welcome to Lakes at Riverbend by Ryan Homes, affordable luxury from the mid $300s—single-level homes with lawn care, resort-style amenities, and a prime location near historic Wilmington. The Grand Cayman is the ideal home for your well-lived lifestyle. The open, airy space combines the kitchen, dining area and great room to create a casual comfortable flow. This is the perfect place to do all

  Harold Chappell NextHome Cape Fear

  4073 Farmfield Dr, Navassa, NC 28451
• 

  

  

  /50

  $489,456

  • 5 Beds
  • 2.5 Baths
  • 3,033 Sq Ft

  6833 Fellowship Dr, Leland, NC 28451

  *MOVE-IN READY* As you step inside the Savannah, you are greeted with a stunning entry and a versatile flex space. - easily used as a dining room or even a beautiful library. Continue into the heart of the home, where the open-concept kitchen and eat-in area flow seamlessly into the spacious great room. The gourmet kitchen features wall mounted microwave and oven, a cooktop and a large island

  Hunter Cribb Mungo Homes

  6833 Fellowship Dr, Leland, NC 28451
• 

  

  

  /52

  $399,900

  • 4 Beds
  • 3 Baths
  • 2,277 Sq Ft

  5736 Orchardgrass Rd, Leland, NC 28451

  Welcome to this spacious 4-bedroom, 2.5-bath home in the sought-after Grayson Park community. Very lightly lived in with over 2,200 sq ft of living space, this home features an open kitchen with modern finishes, perfect for entertaining. The bathrooms are beautifully appointed, offering a fresh, contemporary feel. Enjoy outdoor living on the screened back porch, overlooking a large fenced-in

  White Singh & Associates Coldwell Banker Sea Coast Advantage-CB

  5736 Orchardgrass Rd, Leland, NC 28451
• 

  

  

  /17

  $519,149

  • 5 Beds
  • 4 Baths
  • 2,940 Sq Ft

  6826 Fellowship Dr, Leland, NC 28451

  The Saluda II, a stunning two-story plan offering five bedrooms, four bathrooms and an impressive three-car garage. From the moment you step inside, you'll be captivated by the open, flowing layout and high-end details throughout. The main living area is a true showstopper, featuring an expansive great room with a fireplace, and an abundance of natural light. The eat-in dining area and gourmet

  Hunter Cribb Mungo Homes

  6826 Fellowship Dr, Leland, NC 28451
• 

  

  

  /12

  $449,933

  • 3 Beds
  • 3 Baths
  • 2,569 Sq Ft

  2173 Star Shower Way, Leland, NC 28451

  The Keowee is a two-story home featuring three bedrooms, and two and a half baths. The primary bedroom includes a tray ceiling, a large walk-in shower and spacious walk-in closet. Two secondary bedrooms with spacious closets, and a full bath complete the upstairs. The family room with fireplace overlooks the kitchen. The kitchen features a gourmet kitchen with wall mounted microwave and oven and

  Hunter Cribb Mungo Homes

  2173 Star Shower Way, Leland, NC 28451
• 

  

  /73

  $1,058,000 Open Sat 11AM - 1PM

  • 3 Beds
  • 3 Baths
  • 3,685 Sq Ft

  2255 Tansy Ct, Leland, NC 28451

  Presented for sale is this stunning executive home built by Coastal Luxury Homes, crafted for the discerning buyer. Thoughtfully designed and perfectly positioned along the par-3 8th fairway of the Rick Robbins Championship golf course, this home offers breathtaking tee-to-green and pond views every day. Located on a beautifully landscaped 1/3-acre lot in the prestigious Compass Pointe community,

  Adam Connolly Berkshire Hathaway HomeServices Carolina Premier Properties

  2255 Tansy Ct, Leland, NC 28451
• 

  

  /70

  $695,000

  • 3 Beds
  • 3 Baths
  • 2,446 Sq Ft

  3810 Lemon Drop Ln NE, Leland, NC 28451

  Welcome to this exceptionally maintained 3-bed, upstairs bonus-room and 3-full baths boosting over 2400sqft of elegant coastal living. When you enter you will immediately notice the beautifully blended style which offers comfort but also functionality! Enjoy the chef's kitchen, which offers space for all your cooking and hosting events. With the abundance of natural lighting, the large center

  Robin Mills Coldwell Banker Sea Coast Advantage-Leland

  3810 Lemon Drop Ln NE, Leland, NC 28451
• 

  

  /71

  $949,000

  • 5 Beds
  • 5 Baths
  • 3,138 Sq Ft

  3616 Rivergate Way NE, Leland, NC 28451

  Welcome to your new home! This stunning 2024 Bill Clark Home offers a combination of modern luxury and serene pond views in a gated community. The spacious floor plan features 5 bedrooms and 4.5 bathrooms, providing ample space for family and guests. The primary bedroom is conveniently located on the first floor. The kitchen is a chef's dream, featuring a gas stove and built-in wall microwave and

  Sara Gay RE/MAX Executive

  3616 Rivergate Way NE, Leland, NC 28451
• 

  

  /8

  $485,400

  • 4 Beds
  • 3 Baths
  • 1,912 Sq Ft

  3019 Garden Sage Place Unit 53, Leland, NC 28451

  Experience refined coastal living in this beautifully designed 4-bedroom, 3-bathrooom, Yellowfin home plan, located within Osprey Reserve within the Terrapin Master Planned communities in Leland, NC. Spanning 1,912 square feet, this single family residence features high-end finishes including fiber cement siding, granite kitchen countertops, stainless steel appliances, tile backsplash and luxury

  Logan Homes Team Coldwell Banker Sea Coast Advantage

  3019 Garden Sage Place Unit 53, Leland, NC 28451
• 

  

  /8

  $491,300

  • 4 Beds
  • 3 Baths
  • 2,251 Sq Ft

  3015 Garden Sage Place Unit 52, Leland, NC 28451

  Experience refined coastal living in this beautifully designed 4-bedroom, 3-bathroom Watermark home plan, located in Osprey Reserve within the Terrapin Master-Planned community in Leland, NC. Spanning 2,277 square feet, this single-family residence features high-end finishes including fiber cement siding, granite kitchen countertops, stainless steel appliances, tile backsplash, and luxury vinyl

  Logan Homes Team Coldwell Banker Sea Coast Advantage

  3015 Garden Sage Place Unit 52, Leland, NC 28451
• 

  

  /7

  $414,000

  • 3 Beds
  • 2 Baths
  • 1,674 Sq Ft

  4008 Smoked Maple Dr Unit 62, Leland, NC 28451

  Experience refined coastal living in this beautifully designed 3-bedroom, 2-bathrooom, Drift home plan, located within Osprey Reserve within the Terrapin Master Planned communities in Leland, NC. Spanning 1,674square feet, this single family residence features high-end finishes including fiber cement siding, granite kitchen countertops, stainless steel appliances, tile backsplash and luxury vinyl

  Logan Homes Team Coldwell Banker Sea Coast Advantage

  4008 Smoked Maple Dr Unit 62, Leland, NC 28451
• 

  

  /49

  $219,999

  • 3 Beds
  • 2 Baths
  • 1,364 Sq Ft

  182 Lincoln Place Cir, Leland, NC 28451

  Leland end-unit townhome for sale with pond views, main-level primary suite, and low-maintenance living! Welcome to 182 Lincoln Place Circle in Lincoln Place Townhomes, a move-in ready 2020 build featuring 3 bedrooms and 2 full baths. This desirable end-unit townhome in Leland, NC offers an ideal blend of comfort, convenience, and style. The primary bedroom on the main floor makes for easy

  

  Pinpoint Properties

  REAL Broker LLC

  (472) 202-9875

  182 Lincoln Place Cir, Leland, NC 28451
• 

  

  /30

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,891 Sq Ft

  2715 Cedar Hill Rd, Navassa, NC 28451

  Perfect opportunity to own your own home. This 3 Bedroom 2-bath home, built with concrete blocks, has over 1891 Sq Feet of living space. Home offers the right person a chance to make changes while living in the property. Sitting on .80 acres of land, it has a private setting and plenty of space inside and out to make this your dream home. Home is being Sold As Is. Here is your chance to make this

  James Diaz Coldwell Banker Sea Coast Advantage-Leland

  2715 Cedar Hill Rd, Navassa, NC 28451
• 

  

  /48

  $345,593

  • 4 Beds
  • 4 Baths
  • 2,096 Sq Ft

  3004 Coastal Dream Way, Leland, NC 28451

  *MOVE-IN READY* This spacious townhome boasts a first-floor primary suite, and an open-concept living space. Upon entering, you are greeted by soaring two-story ceilings in the great room and eat-in area. The primary suite, thoughtfully located on the main floor, includes a walk-in closet, dual vanities, and a garden tub. The laundry room adds ease to daily routines being on the same level.

  Mason Gallman Mungo Homes

  3004 Coastal Dream Way, Leland, NC 28451
• 

  

  /48

  $329,145

  • 3 Beds
  • 3 Baths
  • 1,856 Sq Ft

  3012 Coastal Dream Way, Leland, NC 28451

  *MOVE-IN READY* This spacious townhome boasts a first-floor primary suite, and an open-concept living space. Upon entering, you are greeted by soaring two-story ceilings in the great room and eat-in area. The primary suite, thoughtfully located on the main floor, includes a walk-in closet, dual vanities, and a walk-in shower. The laundry room adds ease to daily routines being on the same level.

  Mason Gallman Mungo Homes

  3012 Coastal Dream Way, Leland, NC 28451
• 

  

  /31

  $477,826 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,225 Sq Ft

  2012 Red Woodpeckers Ct, Leland, NC 28451

  Welcome to the Winston plan by McKee Homes in the highly sought-after Terrapin communitya picturesque neighborhood nestled among wooded homesites and peaceful cypress ponds on a quiet cul-de-sac. This spacious home features a first-floor primary suite, convenient first-floor laundry, and a flex room perfect for a home office, hobby space, or guest room. Enjoy relaxing in the sunroom or

  McKee Homes Builder

  2012 Red Woodpeckers Ct, Leland, NC 28451
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  /27

  $451,454 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,533 Sq Ft

  7451 Julius Dr, Leland, NC 28451

  Discover McKee Homes' popular European-style McKimmon Plan, where elegance meets functionality! This thoughtfully designed home features a spacious open-concept layout with a large kitchen, complete with a butler's pantry, perfect for entertaining and storage. A convenient pocket office and a versatile downstairs flex room offer endless possibilities for work or play. Upstairs, you'll find three

  

  McKee Homes

  Builder

  7451 Julius Dr, Leland, NC 28451
• 

  $544,800 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,654 Sq Ft

  Cruz Bay Plan at Brunswick Forest - Costal Tradition Series, Leland, NC 28451

  Kent Homes Builder

  1007 Evangeline Drive St Unit 37370421, Leland, NC 28451
• 

  $509,100 New Construction

  • 3 Beds
  • 2 Baths
  • 2,130 Sq Ft

  Mango Bay Plan at Brunswick Forest - Costal Tradition Series, Leland, NC 28451

  Kent Homes Builder

  1007 Evangeline Drive St Unit 37370418, Leland, NC 28451
• 

  

  /3

  $384,990

  • 3 Beds
  • 3 Baths
  • 2,655 Sq Ft

  1091 Hanson Dr, Leland, NC 28451

  Welcome to East Lake — a vibrant new community proudly brought to you by Dream Finders Homes. Discover thoughtfully designed homes paired with modern amenities including a pool, clubhouse, dog park, pickleball and more!! neighborhood built for comfort, connection, and convenience The Tucker is a beautifully designed two-story home, combining thoughtful details and functional spaces for modern

  Rose Poe Dream Finders Realty LLC

  1091 Hanson Dr, Leland, NC 28451
• 

  

  /41

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,377 Sq Ft

  116 Lincoln Place Cir, Leland, NC 28451

  Two story renovated and well maintained townhome in the heart of Leland. Primary bedroom located downstairs with double closets and a full bathroom. Open concept kitchen with ample counter space, dining and spacious living areas with vaulted ceilings and sky lights. Two additional bedrooms located upstairs with a full bath. Home has luxury vinyl tile flooring, granite kitchen bar-height counters.

  Michaela Ciznarova Coldwell Banker Sea Coast Advantage-Leland

  116 Lincoln Place Cir, Leland, NC 28451
• 

  

  /30

  $380,000

  • 4 Beds
  • 4 Baths
  • 2,516 Sq Ft

  1087 Hanson Dr, Leland, NC 28451

  Welcome to East Lake — a vibrant new community proudly brought to you by Dream Finders Homes. Discover thoughtfully designed homes, modern amenities, and a neighborhood built for comfort, connection, and convenience Located on a treelined backyard, The Givens combines modern style with everyday comfort in a spacious two-story layout. The open main floor features a bright family room, dining area,

  Rose Poe Dream Finders Realty LLC

  1087 Hanson Dr, Leland, NC 28451
• 

  

  /3

  $350,000

  • 4 Beds
  • 3 Baths
  • 2,291 Sq Ft

  1102 Hanson Dr, Leland, NC 28451

  Welcome to East Lake—Leland's inviting, thoughtfully planned community offering suburban calm with unbeatable convenience. Just 12 minutes to Downtown Leland, 15 minutes to Downtown Wilmington, and quick to I-140, you're only 30 minutes from the beach and within easy reach of Myrtle Beach and Jacksonville. Discover new thoughtfully designed homes, modern amenities featuring modern amenities and a

  Rose Poe Dream Finders Realty LLC

  1102 Hanson Dr, Leland, NC 28451
• 

  /2

  $175,000

  • Land
  • 0.38 Acre
  • $460,526 per Acre

  9213 Fallen Pear Ln NE, Leland, NC 28451

  This beautiful lot backs up to green space and a creek. Located withing The Bluffs on the Cape Fear, a vibrant, master-planned community perched on a pristine stretch of the Cape Fear River. Just 15 minutes from the classic waterfront hometown of historic Wilmington, NC, The Bluffs is a private, coastal haven for the families who call it home. The unique vision of The Bluffs is realized every

  Douglass Talbot The Bluffs Real Estate Company

  9213 Fallen Pear Ln NE, Leland, NC 28451
• 

  

  /47

  $398,000

  • 4 Beds
  • 3 Baths
  • 2,680 Sq Ft

  1296 Hidden Creek Dr NE, Leland, NC 28451

  REDUCED and OFFERING $7000 in SELLER PAID CLOSING COSTS!Better Than New & Priced to Move! Your second chance is here. Back on the market with a significant price improvement, this 2022-built coastal home offers exceptional value and a strong equity position from day one, supported by a recent professional appraisal.The sellers have proactively addressed inspection items and completed thoughtful

  

  Daniel Whited

  Fathom Realty NC LLC

  (472) 225-3369

  1296 Hidden Creek Dr NE, Leland, NC 28451
• 

  

  /76

  $770,000

  • 4 Beds
  • 3 Baths
  • 3,130 Sq Ft

  2514 Sugargrove Trail NE, Leland, NC 28451

  This exceptional residence, located within the esteemed Compass Pointe community, combines privacy with outstanding value. The meticulously maintained property offers four spacious bedrooms, including one ideal for a home office, as well as a versatile bonus room already plumbed for a sink, providing numerous options for recreation, entertainment, or expanded living space. The main floor is

  Alan Karg Coldwell Banker Sea Coast Advantage-Leland

  2514 Sugargrove Trail NE, Leland, NC 28451
• 

  

  /20

  $220,000

  • Land
  • 0.44 Acre
  • $500,000 per Acre

  9273 Buccaneer NE, Leland, NC 28451

  ### Build Your Dreams in The Bluffs On The Cape Fear!This exceptional residential lot in the prestigious community of The Bluffs On The Cape Fear is your chance to create the home you've always envisioned. Nestled within a gated riverfront neighborhood, this lot offers the perfect blend of privacy and convenience, with easy access to the vibrant historical charm of Wilmington, NC, just minutes

  Susan Forrester Coldwell Banker Sea Coast Advantage

  9273 Buccaneer NE, Leland, NC 28451
• 

  

  /34

  $449,900

  • 3 Beds
  • 3 Baths
  • 2,323 Sq Ft

  9087 National Ave NE Unit 80, Leland, NC 28451

  Experience the perfect blend of style and functionality in this beautifully upgraded semi-custom home. The Durell is ready for a quick move-in. This 4-bedroom, 3-bath home features an open-concept layout with designer lighting and ceramic tile flooring throughout the main living areas. The chef-inspired kitchen boasts quartz countertops, stainless steel appliances, and abundant cabinetry—ideal

  Adam Martin TLS Realty LLC

  9087 National Ave NE Unit 80, Leland, NC 28451
• 

  

  /3

  $225,000

  • Land
  • 0.2 Acre
  • $1,125,000 per Acre

  3632 Rivergate NE, Leland, NC 28451

  Gated Riverfront Living, Boundless Joy in Nature :: The Bluffs on the Cape Fear is a vibrant, master-planned community perched on a pristine stretch of the Cape Fear River. Just 15 minutes from the classic waterfront hometown of historic Wilmington, NC, The Bluffs is a private, coastal haven for the families who call it home. The unique vision of The Bluffs is realized every day: natural

  Douglass Talbot The Bluffs Real Estate Company

  3632 Rivergate NE, Leland, NC 28451
• 

  

  /84

  $1,175,000

  • 4 Beds
  • 4 Baths
  • 4,204 Sq Ft

  1503 Cape Fear National Dr, Leland, NC 28451

  Welcome home to this custom-built home that has never been occupied. Built in 2024 in Brunswick Forest's premier Cape Fear National neighborhood pairs timeless design with lake and golf course views you'll want to wake up to every day. Step through double doors into a bright, open plan where a wall of picture windows in the family room frames the water and the 11th fairway of Cape Fear National

  Brandon Thomas Coldwell Banker Sea Coast Advantage-Leland

  1503 Cape Fear National Dr, Leland, NC 28451
• 

  

  /20

  $399,999 Open Thu 11AM - 4PM

  • 3 Beds
  • 2 Baths
  • 1,898 Sq Ft

  4017 Farmfield Dr, Navassa, NC 28451

  MOVE-IN READY THIS MONTH - DON'T WAIT! Skip the long build times and step into your brand-new home today at Lakes at Riverbend by Ryan Homes. This sought-after community offers resort-style living just minutes from Historic Downtown Wilmington, area beaches, and everyday conveniences. Lawn care is included, so you can spend more time enjoying life! Introducing the Palladio Ranch - Designed for

  Harold Chappell NextHome Cape Fear

  4017 Farmfield Dr, Navassa, NC 28451
• 

  

  /26

  $205,000

  • 3 Beds
  • 2 Baths
  • 1,512 Sq Ft

  860 Ricefield Branch St NE, Leland, NC 28451

  Welcome to this well-maintained 3-bedroom, 2-bathroom, 1,500 sq. ft. home in Leland, NC!Sitting on a permanent foundation and a half-acre lot with county water and sewer, this home offers peace of mind with no HOA, no flood zone, and affordable property taxes. Even better—the HVAC system was replaced in 2022. The location is hard to beat—just minutes from downtown Wilmington, the Belville

  Paula Vargas Beasley REAL Broker LLC

  860 Ricefield Branch St NE, Leland, NC 28451
• 

  

  /63

  $835,000

  • 5 Beds
  • 3 Baths
  • 3,737 Sq Ft

  1709 S Stillwood Dr, Leland, NC 28451

  Welcome home to this stunning 5 bedroom, 3 bath home in the Walden neighborhood of Brunswick Forest, where beautiful craftsmanship meets modern comfort. Walking up to this exquisite property you will start to notice all the custom craftsman touches including wide brick steps, horse carriage garage doors, gable brackets, hardie board siding, metal roof overhang, intricate trim around windows, and

  Andra Browning Keller Williams Innovate-Wilmington

  1709 S Stillwood Dr, Leland, NC 28451
• 

  

  /39

  $389,999

  • 4 Beds
  • 3 Baths
  • 2,350 Sq Ft

  5009 Roundhead Dr Unit Lot 71, Leland, NC 28451

  New Construction Home in Leland's Grayson Park! This home site on a nice size back yard that overlooks a pond. This home an absolute rockstar - 2 stories, 4 bedrooms, 2.5 bathrooms, and a 2-car garage. That's not all - the open-concept living room and kitchen are pure perfection, complete with granite countertops, 9' ceilings, and walk-in pantry. Oh, and did I mention it's a gas community with

  Team D.R. Horton D.R. Horton, Inc

  5009 Roundhead Dr Unit Lot 71, Leland, NC 28451
• 

  

  /114

  $989,000

  • 4 Beds
  • 4 Baths
  • 3,627 Sq Ft

  3791 Bay Colony Rd NE, Northwest, NC 28451

  *** LEASBACK REQUIRED *** Experience elevated coastal living in the Bar Harbor I, a stunning 4-bedroom, 3.5 bath home now under construction in the gated community of The Bluffs on the Cape Fear. With over 3,600 square feet of thoughtfully designed space, this Kent Home features an open-concept layout with an executive kitchen, spacious great room with exposed beams, designated study, and

  Douglass Talbot The Bluffs Real Estate Company

  3791 Bay Colony Rd NE, Northwest, NC 28451
• 

  

  /39

  $379,999

  • 4 Beds
  • 3 Baths
  • 2,350 Sq Ft

  4351 Coral Bead Ln Unit Lot 100, Leland, NC 28451

  New Construction Home in Leland's Grayson Park! This home site on a nice size back yard that overlooks a pond. This home an absolute rockstar - 2 stories, 4 bedrooms, 2.5 bathrooms, and a 2-car garage. That's not all - the open-concept living room and kitchen are pure perfection, complete with granite countertops, 9' ceilings, and walk-in pantry. Oh, and did I mention it's a gas community with

  Team D.R. Horton D.R. Horton, Inc

  4351 Coral Bead Ln Unit Lot 100, Leland, NC 28451
• 

  

  /27

  $369,000

  • 3 Beds
  • 4 Baths
  • 2,516 Sq Ft

  1106 Hanson Dr, Leland, NC 28451

  Welcome to East Lake — a vibrant new community in the coastal area of Leland, NC! Discover thoughtfully designed homes paired with modern amenities including a pool, clubhouse, dog park, pickleball and more!! neighborhood built for comfort, connection, and convenience The Givens combines modern style with everyday comfort in a spacious two-story layout. The open main floor features a bright

  Rose Poe Dream Finders Realty LLC

  1106 Hanson Dr, Leland, NC 28451
• 

  

  /29

  $379,675

  • 5 Beds
  • 3 Baths
  • 2,518 Sq Ft

  547 Coronado Ave Unit 61, Leland, NC 28451

  Experience the inviting community of Herring Shores! Feel instantly at home in this delightful and friendly neighborhood. Presenting The Starling—a beautifully designed 5-bedroom, 3-bath home that blends comfort, style, and flexibility. Ideal for growing families or those who love to entertain, this spacious layout provides room for everyone to feel at home. At the heart of the home is a stunning

  Kenneth Greenberg Pulte Home Company

  547 Coronado Ave Unit 61, Leland, NC 28451
• 

  

  /17

  $324,000

  • 4 Beds
  • 2 Baths
  • 1,749 Sq Ft

  1209 Lulu Bay Dr NE Unit 92, Leland, NC 28451

  With an anticipated completion timeframe of November, 2025, it's the Dayspring, a stunning new home by Logan Homes in Coastal Haven. The Dayspring is Logan Homes' largest floorplan in Coastal Haven, with a fourth bedroom or optional study. Coastal Haven is located in Leland, NC, just a short drive from Wilmington and area beaches, offering a perfect blend of affordability, convenience, and

  Logan Homes Team Coldwell Banker Sea Coast Advantage

  1209 Lulu Bay Dr NE Unit 92, Leland, NC 28451
• 

  

  /40

  $243,870

  • 3 Beds
  • 3 Baths
  • 1,565 Sq Ft

  7626 Knightbell Cir, Leland, NC 28451

  Move-In Ready Ibis Landing Townhome - This isn't just a beautiful townhome—it's an opportunity. The seller is highly motivated, ready to negotiate, and prepared to close quickly. If you've been waiting for the right price on the right home in the right location, this is it. Perfectly located with quick access to all Brunswick County beaches, Historic Downtown Wilmington, and major highways

  Cami Marley RE/MAX Executive

  7626 Knightbell Cir, Leland, NC 28451

Showing Results 401 - 440, Page 11 of 18