One of the largest U.S. homebuilders plans to launch sales this winter at a townhouse development in Jacksonville, North Carolina, home to the Camp Lejeune Marine Corps facility.
Dream Finders Homes is building 75 residences adjacent to its existing 48-home single-family development 8 miles northwest of the city’s downtown. The townhouses at Sandy Hollow, as the overall project is called, will start in the mid-$200,000s range, the company said in a statement Monday.
“It’s an ideal choice for families, commuters, and those stationed at Camp Lejeune,” Jonathan Hayward, Dream Finders division president, said in a statement.
Camp Lejeune, which opened during World War II, was critical to Jacksonville’s growth from a tiny town into a city of about 73,000 as of 2020, according to a city government website and the U.S. Census. About half of Jacksonville's population lives at Camp Lejeune or at the adjacent New River Air Station, a separate Marine Corps facility.
The single-family homes the developer built at Sandy Hollow are nearly all sold, Dream Finders said. They range from 2,266 square feet to 2,520 square feet, while the largest townhouses will be just over 1,400 square feet.
The two-story townhouses will include three bedrooms and 2.5 bathrooms, with options for one- or two-car garages.
Single-family and townhouse sale prices aren’t so far apart in Jacksonville, according to Homes.com data. The median sales price for a single-family house is $294,900 and for townhouses it is $251,000.
Dream Finders is the nation's 14th-largest U.S. homebuilder based on 8,583 sales in 2024, according to Builder Magazine. The company is actively building in seven communities in the same region of southeastern North Carolina, as well as in other parts of the state including Raleigh-Durham, Charlotte and Wilmington.