WOODED CORNER LOT! Scheduled for completion in August 2026, The Waterlily is an exquisite new 5-bedroom, 3 bath coastal retreat by Logan Homes, nestled in the serene Pelican Cove community of Southport, NC. Less than 10-minute drive to historic downtown and the area's beautiful beaches, Pelican Cove offers the ideal mix of convenience, tranquility, and affordability. Inside, The Waterlily features a soaring vaulted ceiling and an open-concept kitchen designed for modern living. The space is highlighted by granite countertops, a stylish tile backsplash, stainless steel appliances, pendant lighting over the island, and 36'' shaker cabinets with crown molding and sleek hardware. The large owner's suite is a complete with a spacious walk-in closet and an ensuite bathroom featuring a dual vanity and a beautifully tiled shower with a glass door. Additional upgrades include extended LVP flooring, an upgraded interior trim package, and ceiling fans. Outside, enjoy the covered porch and extended 10x8 patio, perfect for relaxing or entertaining guests. The Waterlily is the ideal place to begin your next chapter--whether you're unwinding after a day at the beach or hosting family and friends. Community Amenities: Pool, Cabana, Firepit, Playground, Pickle Ball Courts and a Kayak Launch Nearby.
New construction
Price cut: $15.9K (8/5)
$399,900
775 Pelican Cove Way SE #211, Southport, NC 28461
5beds
2,435sqft
Single Family Residence
Built in 2026
6,240 Square Feet Lot
$398,900 Zestimate®
$164/sqft
$45/mo HOA
What's special
Ceiling fansOpen-concept kitchenUpgraded interior trim packageWooded corner lotSoaring vaulted ceilingGranite countertopsStylish tile backsplash
- 116 days
- 224
- 18
Zillow last checked:
Listing updated:
Listed by:
Logan Homes Team 910-622-0531,
Coldwell Banker Sea Coast Advantage
Source: Hive MLS,MLS#: 100572688
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Laundry, Bedroom 4, Loft, Bonus Room
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Vented Exhaust Fan, Electric Oven, Built-In Microwave, Disposal, Dishwasher
- Laundry: Dryer Hookup, Washer Hookup, Laundry Room
Features
- Master Downstairs, Walk-in Closet(s), Vaulted Ceiling(s), High Ceilings, Entrance Foyer, Solid Surface, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower, Smart Thermostat, Walk-In Closet(s), Wired for Data
- Flooring: LVT/LVP, Carpet
- Windows: Thermal Windows
- Basement: None
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total structure area: 2,435
- Total interior livable area: 2,435 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Concrete, Garage Door Opener, Lighted, On Site, Paved, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Covered, Patio, Porch, Front Porch
- Exterior features: Irrigation System, Cluster Mailboxes
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: None
- Frontage type: See Remarks
Lot
- Size: 6,240 Square Feet
- Features: Corner Lot, Wooded, Landscaped
Details
- Parcel number: 207817024458
- Zoning: CO-RR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stone, Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Pelican Cove
HOA
- Has HOA: Yes
- Amenities included: Cabana, Pool, Maintenance Common Areas, Maintenance Roads, Pickleball, Playground, Trail(s)
- HOA fee: $540 annually
- HOA name: Priestley Management
- HOA phone: 910-509-7276
Location
- Region: Southport
Financial & listing details
- Price per square foot: $164/sqft
- Date on market: 5/9/2026
- Cumulative days on market: 116 days
- Listing agreement: Blanket Listing Agreement
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Lease term: 6 Months
- Road surface type: Paved
Estimated market value
$398,900
$379,000 - $419,000
$2,826/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $399,900-3.8%$164/sqft |
Source: | ||
| 7/16/2026 | Price change | $415,841-0.1%$171/sqft |
Source: | ||
| 6/15/2026 | Price change | $416,341+0.7%$171/sqft |
Source: | ||
| 6/8/2026 | Price change | $413,3410%$170/sqft |
Source: | ||
| 5/9/2026 | Listed for sale | $413,400$170/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28461
Nearby schools
Schools provided by the listing agent
- Elementary: Southport
- Middle: South Brunswick
- High: South Brunswick
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




