Terrapin Homes under $500,000

Welcome to Terrapin, a hidden gem nestled in the charming city of Leland, Brunswick County, North Carolina. This delightful subdivision offers a perfect blend of comfort, community, and convenience, making it an ideal choice for families, retirees, and everyone in between.

Terrapin is renowned for its beautifully designed homes, many of which are available for under $500,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find a variety of options that cater to diverse lifestyles and preferences. From modern single-family homes to cozy townhouses, each property is thoughtfully crafted with quality finishes and open layouts that promote a warm and inviting atmosphere.

One of the standout features of Terrapin is its prime location. Residents enjoy easy access to the stunning beaches of the nearby Cape Fear coast, as well as a plethora of shopping, dining, and entertainment options in Leland. The community is also conveniently situated near major highways, making it a breeze to explore the vibrant culture of historic Wilmington just a short drive away.

Life in Terrapin means embracing a friendly neighborhood where neighbors become friends. With lush green spaces and walking trails, residents can enjoy outdoor activities and the beauty of nature right at their doorstep. The community spirit is palpable, with regular events and gatherings that foster connections among residents.

If you’re looking for an affordable yet stylish home in a thriving community, Terrapin is the perfect place to call home. Discover your dream home today in this enchanting subdivision where life is not just lived, but celebrated!

Newest Terrapin Homes under $500,000

4013 Morning Dew Path Unit Lot 69, Leland

$349,900

2 Beds ⋅ 2 Baths

UP TO 15K OF INCENTIVES ARE AVAILABLE on this NEW CONSTRUCTION home in the sought-after community of Terrapin! The Sunflower model is every bit as bright and cheerful as its name. At just over 1,500 square feet, this charming home offers the perfect blend of comfort, style, and efficiency. Step through the covered front porch and into a welcoming great room featuring an open-concept kitchen, family room, and enclosed flex space. Just beyond the kitchen, a spacious pantry provides ample storage and leads to a convenient hallway with a laundry room and direct access to the two-car garage. A full bathroom is thoughtfully positioned away from the Owner's Suite, providing privacy and convenience for family and guests. The Owner's Suite offers a peaceful private retreat, complete with a generous Owner's Bath featuring a tiled shower, double sinks, and a large walk-in closet. Just off the family room, the rear covered porch creates the perfect setting to relax, entertain, and enjoy beautiful sunsets. With its thoughtful layout, inviting living spaces, and charming details, The Sunflower is a wonderful place to call home. Come discover the comfort and convenience of new construction in Terrapin and see why The Sunflower may be the perfect fit for you!

4013 Morning Dew Path Unit Lot 69, Leland

$299,900

3 Beds ⋅ 2 Baths

Enjoy easy, resort-style living in this charming villa in the Villas at Osprey Reserve within the Terrapin master-planned community. The popular Eastlyn floor plan offers convenient living with 3 bedrooms, 2 baths, and 1,243 sq ft of thoughtfully designed space. The open-concept layout seamlessly connects the kitchen, dining, and living areas--perfect for everyday living and entertaining. Residents enjoy exceptional amenities including two pools, pickleball courts, a fitness center, clubhouse, walking trails, and green spaces. The community is golf cart-friendly and features on-site retail, grocery, and a Novant medical facility, making everyday conveniences just a short ride away. Low-maintenance living, modern comfort, and a vibrant lifestyle--all in one place. NOW OFFERING GREAT INCENTIVES!

1095 Fryar Ave Unit 96, Leland

$412,454

4 Beds ⋅ 3 Baths

New Construction Home in Leland! Step into luxury living with the Sycamore plan! This concept home is designed to maximize space efficiency while providing a spacious and comfortable retreat. With four bedrooms and two and a half bathrooms in 1,795 square feet of living space, there's room for everyone to relax and recharge. The open-concept living area is perfect for entertaining and hosting family gatherings. The great room, kitchen, and dining area blend seamlessly, creating a warm and inviting atmosphere that's perfect for any occasion. The gourmet kitchen with double wall ovens and a center island for a custom feel that's sure to impress.

3016 White Magnolia Ln, Leland

$389,900

3 Beds ⋅ 3 Baths

UP TO 15K OF INCENTIVES ARE AVAILABLE on this NEW CONSTRUCTION home in the sought-after community of Terrapin! Step into luxury living with the Sycamore plan! This concept home is designed to maximize space efficiency while providing a spacious and comfortable retreat. With three bedrooms and two and a half bathrooms in 1,795 square feet of living space, there's room for everyone to relax and recharge. The open-concept living area is perfect for entertaining and hosting family gatherings. The great room, kitchen, and dining area blend seamlessly, creating a warm and inviting atmosphere that's perfect for any occasion. The gourmet kitchen with double wall ovens and a center island for a custom feel that's sure to impress.

4041 Morning Dew Path, Leland

4037 Morning Dew Path Unit Lot 75, Leland

$414,900

3 Beds ⋅ 3 Baths

UP TO 15K OF INCENTIVES ARE AVAILABLE on this NEW CONSTRUCTION home in the sought-after community of Terrapin! The Jasmine floor plan is a spacious retreat complete with coastal-inspired architectural accents, outdoor living areas, and an enormous great room. This unique model offers a second floor, creating a home that features up to three bedrooms and three full bathrooms. Enter Jasmine from a covered front porch or two-car garage and easily unload in a large drop zone area with an optional bench for seating. Stroll through the Kitchen into the great room and connecting dining area, which makes for an enormous space for gatherings. From the Great room area, transition to either a picturesque covered porch. The owner's suite, among two first-floor bedrooms, features a walk-in closet, tray ceiling, double vanity, and deluxe seated shower. Also, the second floor has third bedroom, additional bathroom and loft! With endless possibilities for personalizing this model, the Jasmine is bound to be your perfect fit!

4037 Morning Dew Path Unit Lot 75, Leland

$468,084

4 Beds ⋅ 3 Baths

NOW OFFERING UP TO $20K IN INCENTIVES ON HOMES THAT CAN CLOSE BY THE END OF THE YEAR! Estimated completion November 2026 Step inside this stunning Logan Homes Lakeshore plan and experience coastal-inspired living at its finest. Situated in Coquina Basin within the master planned community, Terrapin this expansive open layout seamlessly connects the great room, kitchen, and dining areas under soaring ceilings, filling the home with natural light. At the heart of the home, the kitchen boasts a large center island, granite countertops, premium cabinetry, a pantry, and stainless steel appliances--ideal for everyday meals and entertaining. The primary suite serves as a private retreat on the main level, featuring a spacious bedroom, walk-in closet, and a spa-like en suite bath with double vanities and a tiled shower. Two additional main-floor bedrooms offer comfortable accommodations for family or guests. Upstairs, the expansive bonus room provides flexible space for a home theater, recreation room, private guest suite, or dedicated office--complete with its own full bathroom. Step outside to enjoy year-round outdoor living on the spacious covered porch, perfect for dining al fresco or relaxing in coastal style.

7088 Marsh Shr Unit 150, Leland

2016 Red Woodpeckers Ct Unit Lot #35, Leland

$459,000

3 Beds ⋅ 3 Baths

Welcome to the Nelson floor plan in the Terrapin community, a two-story home that perfectly balances dedicated workspaces with open living areas. A covered front porch opens into a bright foyer, where a private double-door office sits immediately off the entrance, creating a quiet space for working from home. Just past the office, the main level opens into a formal dining area and an open-concept great room and kitchen setup grounded in luxury vinyl flooring. The kitchen features a large central island with a built-in sink, a walk-in corner pantry, and plenty of counter space. A convenient powder room and storage closets are tucked near the garage entry to keep the daily routine organized. Upstairs, the layout centers around a massive open media room that offers a perfect second living area or playroom. The second level features three bedrooms, including a spacious primary suite at the front of the home. The primary bath includes a dual-sink vanity, a linen closet, a walk-in shower with a built-in seat, and a generous walk-in closet. The two additional bedrooms share a central full bathroom with its own dual-sink vanity, and the laundry room is centrally located on the same floor for maximum convenience. Outside, a glass door opens to a covered rear patio for relaxing outdoors. Enjoy a low-maintenance lifestyle with HOA lawn care and irrigation included, all just minutes from downtown Leland, Downtown Wilmington, and area beaches. [Terrapin] [Nelson]

2016 Red Woodpeckers Ct Unit Lot #35, Leland

$461,758

4 Beds ⋅ 3 Baths

CURRENTLY OFFERING UP TO $20K INCENTIVE FOR HOMES THAT CAN CLOSE BY THE END OF THE YEAR! Experience refined coastal living in this beautifully designed 4-bedroom, 3-bathrooom, Dunecrest home plan, located in the Duets at Calm Waters within the Terrapin Master Planned communities in Leland, NC. Spanning 2006 square feet, this single family residence features high-end finishes including fiber cement siding, granite kitchen countertops, stainless steel appliances, tile backsplash, Chair Rail & Wainscoting in dining area, crown molding throughout, and luxury vinyl plank flooring throughout the main living area and primary suite. Enjoy premier landscaping with irrigation. Residents enjoy resort-style amenities such as a pool, clubhouse, fitness center, Pickleball courts, walking trails , golf carts allowed and planned retail space offering the perfect blend of convenience and community.

4018 Sea Salt St Unit 119, Leland

$454,648

4 Beds ⋅ 3 Baths

NOW OFFERING UP TO $20K IN INCENTIVES ON HOMES THAT CAN CLOSE BY THE END OF THE YEAR! . Experience refined coastal living in this beautifully designed 4-bedroom, 3-bathrooom, Dunecrest home plan, located in the Duets at Calm Waters within the Terrapin Master Planned communities in Leland, NC. Spanning 2006 square feet, this single family residence features high-end finishes including fiber cement siding, quartz kitchen countertops, stainless steel appliances, tile backsplash and luxury vinyl plank flooring throughout the main living area and primary suite. Enjoy premier landscaping with irrigation. Residents enjoy resort-style amenities such as a pool, clubhouse, fitness center, Pickleball courts, walking trails , golf carts allowed and planned retail space offering the perfect blend of convenience and community.

4022 Sea Salt St Unit 118, Leland

$499,000

4 Beds ⋅ 3 Baths

Welcome to the Biltmore floor plan in the highly desirable Terrapin community, a masterfully designed home that perfectly combines spacious open living with a highly requested first-floor primary suite. The home makes an immediate impression from the welcoming front porch and formal dining room, setting a beautiful stage for hosting holiday gatherings and family dinners. Grounded in premium luxury vinyl flooring throughout the main level, the heart of the home opens up into an expansive great room and bright breakfast nook. The kitchen features an angled island that serves as a natural gathering spot, complete with a convenient built-in pantry and immediate access to the main-floor laundry room. Tucked away on the first floor for ultimate privacy and convenience, the primary owner's suite serves as a quiet retreat, featuring a generous walk-in closet and a spa-like en-suite bath with a dual-sink vanity, private linen storage, and a walk-in shower with a built-in seat. Upstairs, the home transitions to comfortable plush carpeting and reveals a massive open loft that overlooks the foyer below, offering a highly versatile footprint for a secondary lounge, media room, or play area. The second floor features three additional exceptionally large bedrooms, providing plenty of room for family and guests, all sharing a well-appointed full guest bathroom with a dual-sink vanity. Extending your living space outdoors, a glass door off the main living area opens to a spacious covered rear patio, perfect for relaxing in the evening coastal breeze. Living in Terrapin means enjoying a true low-maintenance lifestyle with HOA lawn care and irrigation completely included, alongside access to resort-style neighborhood amenities including a clubhouse, pool, pickleball courts, and a dog park. Located just minutes from downtown Leland and an easy drive to the historic riverfront of Downtown Wilmington and area beaches, this four-bedroom home offers the ideal balance of custom style and coastal convenience. [Terrapin] [Biltmore]

1393 Noble Oak Pl Unit Lot #21, Leland

$479,900

3 Beds ⋅ 3 Baths

UP TO 20K OF INCENTIVES ARE AVAILABLE on this NEW CONSTRUCTION home in the sought-after community of Terrapin! The Cherry Grove is a spacious retreat complete with outdoor living areas, and an enormous great room. This unique model offers a second floor, creating a home that features up to four bedrooms and three full bathrooms. Enter Cherry Grove from a covered front porch or two-car garage and easily unload in a large drop zone area with an optional bench for seating. Stroll through the laundry room into the great room and connecting dining area, which makes for an enormous space with an optional gas fireplace. From the dining area, transition to either a picturesque covered porch. Here, you'll enjoy peaceful evenings or a morning sunrise right from your back door! The owner's suite, among two additional first-floor bedrooms, features his and her walk-in closet, tray ceiling, double vanity, and deluxe seated shower option. Also, the second floor has fourth bedroom, additional bathroom and loft! With endless possibilities for personalizing this model, the Cherry Grove is bound to be your perfect fit!

5016 Freshbrook Way, Leland

$452,900

4 Beds ⋅ 3 Baths

NOW OFFERING UP TO $20K IN INCENTIVES ON HOMES THAT CAN CLOSE BY THE END OF THE YEAR! Experience elevated, coastal living with the Dunecrest - a 4 bedroom, 3 bathroom duet concept townhome located within the Duets at Calm Waters in Leland's master planned community, Terrapin. This thoughtfully designed home is a paired residence that combines two homes under one roof for those who want the feeling of a single-family home with a low-maintenance lifestyle. This home features a seamless open-concept layout spanning 1,675 square feet which includes fiber cement siding, quartz countertops in the kitchen, tile showers, and luxury vinyl plank flooring. The telescopic sliding door onto the rear covered porch blends outdoor and indoor living for entertainment or relaxation. Upstairs, the bonus room adds extra versatility serving as a guest room, office, or media room. Premier landscaping includes irrigation, and the HOA provides lawn care to ensure low-maintenance living. The community is golf cart friendly, and residents can enjoy resort style amenities such as two pools, a clubhouse, cabana, fitness center, pickleball and tennis courts, and playground. The future retail and medical campus provide the perfect blend of convenience and community.

4014 Sea Salt St Unit 120, Leland

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