Parkwood Estates Homes under $500,000

Welcome to Parkwood Estates, a charming subdivision nestled in the heart of Leland, North Carolina, within the beautiful Brunswick County. This community is a hidden gem, offering the perfect blend of serene living and modern convenience, making it an ideal choice for families, retirees, and anyone looking to enjoy the coastal lifestyle without breaking the bank.

At Parkwood Estates, you’ll discover a variety of homes priced under $500,000, ensuring that your dream home is within reach. These residences are thoughtfully designed, featuring open floor plans, spacious backyards, and contemporary finishes that cater to today’s discerning buyer. Whether you’re seeking a cozy single-family home or a more expansive layout, Parkwood Estates has something for everyone.

One of the standout features of this community is its proximity to the stunning beaches of the Cape Fear Coast, as well as the vibrant culture of downtown Wilmington, just a short drive away. Residents can enjoy a plethora of outdoor activities, including hiking, fishing, and boating, all while basking in the warm North Carolina sunshine. The local schools are highly rated, and the friendly neighborhood atmosphere makes it easy to forge lasting connections with your neighbors.

In Parkwood Estates, you’re not just buying a home; you’re investing in a lifestyle filled with comfort, convenience, and community spirit. Come explore this delightful subdivision and see how it can be the perfect backdrop for your next chapter. Your dream home awaits!

Newest Parkwood Estates Homes under $500,000

$439,960

4 Beds ⋅ 2 Baths ⋅ 100611170 MLS

BUILDER OFFERING UP TO $20,000 TOWARDS RATE BUY-DOWN OR CLOSING COSTS! Brand new and nearing completion, the ''Danforth'' built by local builder Stevens Fine Homes offers the best of one-level living. This spacious home offers 4 bedrooms, 2 baths, main floor primary suite, rear covered porch, a finished 2-car garage & is situated on a homesite measuring just under 1/4 of an acre. The gorgeous kitchen features soft-close, 42'' cabinetry in a timeless cream finish, granite countertops, tile backsplash, a lighted pantry, Frigidaire stainless steel appliances & more! The inviting great room features vaulted ceilings, while the bright dining area leads access to the peaceful covered porch. The main floor primary suite features a trey ceiling & an attached bath with a double vanity with quartz counters, a walk in shower, linen closet, and walk-in closet. A large laundry room, adjacent to the kitchen offers an additional large storage closet. Two additional bedrooms & a well-appointed guest bath complete the first floor. Upstairs, you'll find the fourth bedroom which also makes a wonderful home office, playroom or home theater. Thoughtfully curated by our in-house designer, elevated finishes include luxury vinyl plank flooring throughout the main floor living areas, primary suite bath & laundry, exterior coach & flood lights, gutters and more! This home is located in the established community of Parkwood Estates, convenient to local schools, shopping & dining, with the flexibility of no community HOA! This home is under construction and estimated to reach completion in November, 2026. Please note that photos shown are of a previously built, similar home and are for representative purposes. Details apply to the builder incentive.

1203 Old Fayetteville Rd, Leland

$449,000

5 Beds ⋅ 3 Baths ⋅ 100609665 MLS

Welcome to this beautifully maintained Cape Cod home in desirable Parkwood Estates in Leland, NC! Offering 2,340 square feet, five bedrooms, and three full baths, this spacious home combines classic charm, flexible living spaces, and thoughtful updates--all on a half-acre lot with no HOA dues. An inviting rocking-chair front porch sets the stage for relaxed living, while mature trees create a peaceful, wooded setting. Inside, the open main living area connects a generous living room with the kitchen and adjoining dining area, making gatherings easy. Hardwood floors extend throughout the first floor, and a nearby laundry room adds everyday convenience. The first-floor primary suite anchors the split-bedroom layout, with two additional bedrooms and a second full bath completing the main level. Upstairs, two oversized bedrooms flank a versatile bonus room--perfect for a media room, music studio, or home gym--with a third full bath nearby. Updates include a roof replaced in 2019, two HVAC systems installed in 2020, and appliances, countertops, and flooring updated in 2019. Additional features include a whole-house generator, an encapsulated crawl space with a dehumidifier, and a security system. Enjoy outdoor living on the large deck, plus the convenience of an irrigation system and detached garage. Just minutes from Wilmington and the Cape Fear Memorial Bridge, this property offers a peaceful country feel with easy access to shopping, dining, and city amenities. Schedule your tour today!

1055 Lexington Ave Ne, Leland

$399,960

3 Beds ⋅ 2 Baths ⋅ 100583993 MLS

New construction in the heart of Leland with No HOA! Located in the established community of Parkwood Estates, the lovely ''Isla'' plan built by local builder Stevens Fine Homes offers the best of one-level living with 3 bedrooms, 2 baths, an open floor plan perfect for entertaining, covered rear porch, finished two car garage, 9' ceilings, and lovely designer finishes! The spacious kitchen features soft-close, 42'' cabinetry in a timeless cream finish, granite countertops, tile backsplash, stainless steel appliances, a breakfast bar, a lighted pantry & more. Adjacent to the kitchen is the dining area, which flows into the large living room. Boasting a trey ceiling and lending access to the rear covered porch, it offers a lovely gathering space for family & friends. The peaceful primary suite features an adjoining bath with double vanity with quartz counters, walk-in shower and a separate soaking tub along with a walk-in closet. Two guest bedrooms, a well appointed guest bath, and a large laundry room off of the kitchen complete the home. Boasting designer finishes like luxury vinyl plank flooring throughout the living areas, soft-close cabinetry in kitchen & baths, exterior coach & flood lights, gutters, and more, this gorgeous home is estimated to reach completion in October, 2026. Parkwood Estates is located in the heart of Leland and is convenient to shopping, dining, area schools and has no HOA! Please note that photos shown are of a previously built, similar home. Options & finishes may vary.

1263 Old Fayetteville Rd Ne, Leland

$432,850

4 Beds ⋅ 3 Baths ⋅ 100580672 MLS

A new construction home in the heart of Leland with no HOA! Located in the established community of Parkwood Estates with easy access to local schools, parks, shopping and the flexibility of no HOA! This popular ''Mt. Vernon'' plan built by Stevens Fine Homes is estimated to reach completion in August, 2026 and offers 4 bedrooms, 2.5 baths, rear covered porch, a finished 2-car garage & is situated on a homesite measuring almost a 1/4 of an acre. The gorgeous kitchen features soft-close, 42'' cabinetry in a timeless white finish, stunning ''Calacatta Storm Gold'' quartz countertops, a tile backsplash, stainless steel appliances, a lighted pantry, and more! The bright breakfast area lends access to the peaceful rear covered porch and patio, while the spacious kitchen room features an inviting fireplace and the formal dining room offers a wonderful space to entertain. A welcoming foyer and convenient powder bath complete the first floor. Upstairs, you'll find the comfortable primary suite featuring a trey ceiling & an attached bath with a double vanity with quartz counters, soft-close cabinetry, a walk in shower & separate soaking tub, water closet, linen closet, and large walk-in closet. Three additional bedrooms, a well-appointed guest bath, and the laundry room complete the second floor. Thoughtfully curated by our in-house designer, elevated finishes include luxury vinyl plank flooring throughout the main floor, elevated lighting & hardware, exterior coach & flood lights, a sodded yard, gutters and more! Please note that photos shown are of a previously built similar home & are for representative purposes. Options & finishes may vary. Home is under construction & estimated to reach completion in August, 2026. Date is an estimate & subject to change

1026 Paddington Ave Ne, Leland

$299,999

3 Beds ⋅ 2 Baths ⋅ 10160800 MLS

MUST SEE! Tucked away for privacy this adorable ranch completely renovated. No HOA fees and no rstrictions. This cute house has been waiting for you! HUGE PRICE REDUCTION !!! RARE OPPORTUNITY! Hidden treasure that has so much to offer! NO HOA FEES, LARGE LOT, RENOVATED, 2 storage buildings & open space for children & pets to play. Ready to be free of restrictions from a home owner's association so you can have freedom in the privacy of your own home and yard? Look no further. Beautifully renovated home on large .72 acre lot offers 3 bedrooms, 2 full baths, kitchen w/GRANITE counter tops, STAINLESS STEEL appliances & cabinets galore, family room, dining area, covered porch & WIC. Appliances include stove, DW, microwave, refrigerator, washer & dryer. OPEN FLOOR plan includes kitchen overlooking living area, providing a modern ambiance w/natural light. Luxury vinyl plank flooring throughout house, ceiling fans, recessed lighting & more. New light fixtures, smooth ceilings, bathroom cabinets. Exterior of home is brick veneer offering easy maintenance & upkeep. Back deck is great for grilling out & entertaining family & friends. Two utility sheds in backyard offer work space, tool/equipment storage, etc. Large driveway for plenty of parking. Large yard offering opportunities for your own interests & activities- playground equipment, gardening, basketball goal, above ground pool, etc. Located in close proximity to schools, restaurants, shopping, medical facilities & hospital. Only 30 minutes to Ft. Bragg & 40 minutes to Cary/Raleigh, Southern Pines. COME SEE TODAY!

3137 Parkwood Dr, Sanford

$425,000

4 Beds ⋅ 3 Baths ⋅ 100571915 MLS

BUILDER OFFERING $7,000 USE AS YOU CHOOSE CREDIT! BRAND NEW, MOVE-IN READY HOME in the heart of Leland with no HOA! Located in the established community of Parkwood Estates with easy access to local schools, parks, shopping and the flexibility of no HOA! This popular ''Mt. Vernon'' plan built by Stevens Fine Homes is estimated to reach completion in early August, 2026 and offers 4 bedrooms, 2.5 baths, rear screened porch, a finished 2-car garage & is situated on a homesite measuring almost a 1/4 of an acre. The gorgeous kitchen features soft-close, 42'' cabinetry in a timeless cream finish, stunning ''Calacatta Storm Gold'' quartz countertops, a 3x12 tile backsplash, stainless steel appliances, a lighted pantry, and more! The bright breakfast area lends access to the peaceful rear screened porch and patio, while the inviting great room features an inviting fireplace and the formal dining room offers a wonderful space to entertain. A welcoming foyer and convenient powder bath complete the first floor. Upstairs, you'll find the comfortable primary suite featuring a trey ceiling & an attached bath with a double vanity with quartz counters, soft-close cabinetry, a walk in shower & separate soaking tub, water closet, linen closet, and large walk-in closet. Three additional bedrooms, a well-appointed guest bath, and the laundry room complete the second floor. Thoughtfully curated by our in-house designer, elevated finishes include luxury vinyl plank flooring throughout the main floor, elevated lighting & hardware, exterior coach & flood lights, a sodded yard, gutters and more! Please note that some photos have been digitally staged.

1059 Lexington Ave Ne, Leland

$423,500

4 Beds ⋅ 3 Baths ⋅ 100568374 MLS

BRAND NEW & MOVE-IN READY! BUILDER INCENTIVE OF UP TO $10,000 TOWARDS RATE BUY DOWN OR CLOSING COSTS! A rare opportunity to own a new construction home in the heart of Leland with no HOA! Located in the established community of Parkwood Estates with easy access to local schools, parks, shopping and the flexibility of no HOA, the ''Danforth'' built by local builder Stevens Fine Homes offers the best of one-level living. This spacious home offers 4 bedrooms, 3 baths, main floor primary suite, rear screened porch, a finished 2-car garage & is situated on a homesite measuring just under 1/4 of an acre. The gorgeous kitchen features soft-close, 42'' cabinetry in a timeless white finish, granite countertops, tile backsplash, a lighted pantry, Frigidaire stainless steel appliances & more! The inviting great room features vaulted ceilings, while the bright dining area leads access to the peaceful screened porch. The main floor primary suite features a trey ceiling & an attached bath with a double vanity with quartz counters, a walk in shower, linen closet, and walk-in closet. A large laundry room, adjacent to the kitchen offers an additional large storage closet and soft-close cabinetry. Two additional bedrooms &a well-appointed guest bath complete the first floor. Upstairs, you'll find the fourth bedroom with adjoining bath, creating the perfect guest retreat, home office or home theater. Thoughtfully curated by our in-house designer, elevated finishes include luxury vinyl plank flooring throughout the main floor living areas, downstairs baths & laundry, 5'' baseboards, exterior coach & flood lights, gutters and more!

1077 Echo Dr Ne, Leland

Start Your Search

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

Parkwood Estates Homes under $500,000

Newest Parkwood Estates Homes under $500,000

How much is your home worth?

How much is your home worth?