1040 Lanterns Lane, Leland, NC 28451
Property image
Property image
FOR SALE
3D VIEW

$390,000

  • 3 Beds
  • 2 Baths
  • 1,850 sqft

1040 Lanterns Lane, Leland, NC 28451

Est. Mortgage $2,365/mo*
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We estimate this home will sell faster than 95% nearby.

Home Highlights

Single-Family Home
Built in 2007
$211/sqft
2 Car Garage
HOA $93/mo

Local Information

  • Map ViewExplore the area around 1040 Lanterns Lane.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to 1040 Lanterns Lane, a beautifully maintained all-brick home nestled in the amenity-rich Grayson Park community of Leland. Offering 3 bedrooms, 2 bathrooms, and a versatile bonus room, this inviting home combines comfortable everyday living with flexible spaces and exceptional indoor-outdoor enjoyment.
Step inside to a spacious living room centered around a cozy fireplace, creating a welcoming gathering space for relaxing or entertaining. The kitchen is equipped with stainless steel appliances and flows easily into the home's main living areas. Throughout the home, 2-inch blinds add a polished finishing touch.
The generously sized primary suite provides a private retreat, complete with a trey ceiling and an ensuite bathroom featuring a garden tub and separate shower. Two additional bedrooms offer comfortable accommodations for family or guests, while the bonus room provides valuable flexibility for a home office, media room, playroom, fitness space, or additional guest area.
One of the home's standout features is the glassed-in sunroom, providing a comfortable place to enjoy the outdoors throughout the year. Just beyond, the fully fenced backyard creates a private setting for pets, gardening, entertaining, or simply unwinding at home.
Living in Grayson Park means enjoying an impressive collection of neighborhood amenities designed for recreation and connection. Residents have access to a fully furnished clubhouse with catering kitchen, fitness center, competition-size swimming pool and kiddie pool, splash pad, lighted tennis courts, multi-sport court, playground, and scenic walking and nature trails.
Last check for updates: about 7 hours ago
Listing courtesy of Living By the Coast Realty Group, (910) 547-7429
RE/MAX Executive
Arnold Carr, (910) 471-7739
RE/MAX Executive
Originating MLS: Cape Fear Realtors MLS, Inc.
Source: Hive MLS, MLS#100598110
Also Listed on Hive MLS.
We estimate this home will sell faster than 95% nearby.

Home Details for 1040 Lanterns Lane

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 1, Bedroom 2, Dining Room, Fnshd Room Over Garage, Kitchen, Living Room, Other
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1850 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, DishwasherDishwasherDisposalDryerLaundry: Laundry RoomRefrigeratorWasher
Heating & Cooling
Heating: Electric,Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: Gas LogHas a Fireplace
Gas & Electric
No Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile, Vinyl
Levels, Entrance, & Accessibility
Number of Stories: 1Levels: One and One HalfFloors: Carpet, Tile, Vinyl
View
View: See Remarks

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Covered, Patio, Front PorchFencing: Partial, Back YardExterior: Irrigation SystemFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Faces Front,Paved,Garage
Frontage
Frontage Type: See RemarksRoad Frontage: City Street, State Road, PavedRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 15Days on Market: 16

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Wood Frame, Stick BuiltArchitecture: Wood Frame,Stick Built
Building
Construction Materials: Brick, Vinyl Siding, Wood FrameNot a New Construction
Property Information
Parcel Number: 046ob007

Price & Status

Price
List Price: $390,000Price Per Sqft: $211
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: LelandCommunity: Grayson Park
School Information
Elementary School: Town CreekJr High / Middle School: Town CreekHigh School: North BrunswickHigh School District: Brunswick County Schools

Agent Information

Listing Agent
Listing ID: 100598110

Building

Building Area
Building Area: 1850 Square Feet

HOA

HOA Name: Grayson Park HOAHOA Phone: 910-679-3012HOA Fee Frequency (second): AnnuallyAssociation for this Listing: Cape Fear Realtors MLS, Inc.Has an HOAHOA Fee: $1,120/Annually

Lot Information

Lot Area: 8276 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 100598110Living Area Range: 1800 - 1999Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetShowing Requirements: Appointment Only, LockboxStart Showing Date: Thu Aug 27 2026

Additional Information

HOA Amenities: Clubhouse,Pool,Fitness Center,Management,Party Room,Pickleball,Playground,Street Lights,Taxes,Tennis Court(s),Trail(s)

Around this home

What Locals Say about Leland

At least 99 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 91 % Say it's dog friendly

  • 84 % Say parking is easy

  • 81 % Say it's quiet

  • 78 % Say there's holiday spirit

  • 75 % Say yards are well-kept

  • 70 % Say there are sidewalks

  • 69 % Say people would walk alone at night

  • 61 % Say streets are well-lit

  • 58 % Say kids play outside

  • 54 % Say neighbors are friendly

  • 51 % Say there's wildlife

  • 51 % Say they plan to stay for at least 5 years

  • 37 % Say there are community events

  • 32 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Russ Donaldson
    "Nothing unique, just a quiet safe place to live with a plethora of things to do and people to enjoy time with "
    1
    Flag
  • Hail4293
    "I’ve lived in this neighborhood for 5 years. Not all, but most people are friendly and like to chat with each in passing and invite each other to cookouts and neighborhood gatherings. It’s a good neighborhood for people that are social and enjoy being around others. Most people in my neighborhood are trustworthy people, down to earth, and enjoy the company of others..if the garage door is open, come on over, type of people. "
    0
    Flag
  • Donaldsonsarah
    "We have gatherings on a regular basis. We have gotten to know our neighbors. They even celebrate birthdays. "
    1
    Flag
  • C. M.
    "Magnolia Greens is a great, safe neighborhood for kids. Not many young kids now but there are more and more young families moving in."
    0
    Flag
  • Trulia User
    "Lovely neighborhood, magical canyon. Perfect neighborhood for small children and families. Park right across canyon. "
    0
    Flag
  • Rachel N.
    "Friendly area and people are nice m. Small town feel and close to Wilmington and several beaches. "
    0
    Flag
  • Claire M.
    "It's quiet and lovely! We love living here. It's mostly elderly people in our neighborhood, which is why I don't see kids playing outside very often."
    0
    Flag
  • Crystin M.
    "It’s a growing area with a lot of potential. There’s still work to be done in a lot of areas like putting in sidewalks and updating parking lots but they have build a lot over the years. "
    0
    Flag
  • Claire M.
    "No dog park in the neighborhood and the yards are somewhat small for bigger dogs. But there are sidewalks and lots of space to walk dogs "
    0
    Flag
  • Emily H.
    "Food trucks, movie nights, flea markets, I haven’t been to many as I’ve only lived here a year so I am sure that there are many more"
    0
    Flag
  • Rangrman
    "There is a generally well maintained dog park and many sidewalks and parks. Many people walk their dogs in the area. There are other dog parks in the area and there are also beaches in the area that are dog friendly. "
    0
    Flag
  • Cdoerflernc
    "This community is filled with social, athletic, and club activities that offer everyone an opportunity to participate at whatever lever they feel comfortable."
    0
    Flag
  • Jeri W.
    "my neighborhood is very friendly, very safe, and full of amenities. beautiful community property and pool. social activities available. can be busy or not, your choice. "
    0
    Flag
  • Jeri W.
    "friendly neighbors, nice homes, close to wilmington. gated streets. great clubhouse. leland is growing very fast"
    0
    Flag
  • Michael B.
    "Pickle ball, exercise classes, bunko card groups, massage classes, lots of other interesting activities."
    0
    Flag
  • Felicia H. .
    "this is a very pet friendly neighborhood with a bark park, and plenty of space for dogs to walk and play. no aggressive breeds ate allowed and I feel safe"
    0
    Flag
  • Jannwent
    "I live in Waterford - people walking their dogs, neighborhood gathering, activities at the pool (water aerobics, bbq, etc)"
    0
    Flag
  • Jean G.
    "Magnolia Greens neighborhood has many types of family units who enjoy the 2 outdoor and one indoor pools, basketball/tennis courts, and playground. "
    0
    Flag
  • Isles4nrow
    "It is Quite, safe, clean and peaceful. We lived here for five years now and it has grown. Plenty of stores to shop and only a short ride into Wilmington."
    0
    Flag
  • Trulia User
    "No more breed restrictions there are many people out there that are more destructive then dogs! It’s discrimination!!!"
    0
    Flag
  • tony c
    "It’s a beautiful neighborhood in a great community where you feel comfortable and very safe. The people who live here care about their neighbors."
    0
    Flag
  • Rebecca L.
    "Short ride to the bridge. Sometimes traffic is congested closer to the bridge, but rarely takes more than 15 mins to get a food from my home. "
    0
    Flag
  • Matt T.
    "Would like the sidewalks to walk the dogs. May not like that there’s like dog park.................. 😜"
    0
    Flag
  • Natasha D.
    "Usually an easy drive to Wilmington. Sometimes there is a delay when one of the draw bridges are open or there's a wreck on one of the bridges. Happens about 1-2 times a month."
    0
    Flag
  • Starrgazer606
    "We have doggie bag stations around the neighborhood but not trash cans for them. A little inconvenient "
    0
    Flag
  • Starrgazer606
    "It’s a nice neighborhood, good for families. Not much to do around though and hard to get to know neighbors "
    1
    Flag
  • Edwin V. H.
    "Small group of homes in a separate neighborhood. Good mix of older and young residents. Includes small and large homes."
    0
    Flag
  • Jonathan H.
    "My wife and I moved to Leland in 2006 from Kure Beach, NC. We purchased a home in the Waterford because it was ideal for our commutes into downtown Wilmington. We only moved away from the area because career opportunities and family pulled us away. I wish I could have brought the Waterford with me for its convenience (Harris Teeter, dentist, eye doctor, vet, drug store all within walking distance), the gated neighborhoods, and amenities (saltwater pool, tennis courts, greenway/pathways). I highly recommend the Waterford for families with young kids for the amenities and calm neighborhood streets, for couples looking to buy their first home, or for retirees looking to be near the coast without the high prices of Wrightsville. My wife misses the fact that we could be at Wrightsville Beach in 25 minutes...."
    0
    Flag

Market trends in Leland

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$380K
$3.92KMoM
Sale-to-List Price
98.6%
0.1%MoM
Price per sq ft
$215
$1MoM
Available listings
296
21MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1052 Lanterns Lane, Leland, NC
0.08
Single-Family Home
$370,000
10/15/25
3
2
1,953
1009 Stonesthrow Court, Leland, NC
0.14
Single-Family Home
$335,000
12/19/25
3
2
1,750
1035 Lanterns Lane, Leland, NC
0.04
Single-Family Home
$339,000
10/15/25
4
2
1,807
6024 Blue Ray Drive, Leland, NC
0.23
Single-Family Home
$355,000
02/03/26
3
2
1,692
1004 Stonesthrow Court, Leland, NC
0.14
Single-Family Home
$370,000
02/26/26
4
2
1,893
1015 Stonesthrow Court, Leland, NC
0.17
Single-Family Home
$360,000
03/26/26
4
2
1,951
1051 Lanterns Lane, Leland, NC
0.08
Single-Family Home
$376,000
10/22/25
4
3
1,965
3019 Ramble Drive NE, Leland, NC
0.19
Single-Family Home
$330,000
04/23/26
3
2.5
1,876
5004 W Chandler Heights Drive, Leland, NC
0.25
Single-Family Home
$305,000
04/14/26
3
2.5
1,452
6104 Blue Ray Drive, Leland, NC
0.23
Single-Family Home
$369,000
06/19/26
4
2.5
2,069

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1041 Lanterns Lane, Leland, NC 28451
0.03
$376,200
4
2
2,052
Off Market
1043 Lanterns Lane, Leland, NC 28451
0.04
$361,900
4
2
1,938
Off Market
1035 Lanterns Lane, Leland, NC 28451
0.04
$335,700
4
2
1,807
Off Market
1045 Lanterns Lane, Leland, NC 28451
0.05
$353,300
4
2
1,774
Off Market
1048 Lanterns Lane, Leland, NC 28451
0.05
$373,400
4
3
1,976
Off Market
3007 Ramble Drive NE, Leland, NC 28451
0.06
$296,900
3
2.5
1,616
Off Market
1051 Lanterns Lane, Leland, NC 28451
0.08
$372,400
4
3
1,965
Off Market
1052 Lanterns Lane, Leland, NC 28451
0.08
$366,400
3
2
1,953
Off Market
7279 Hunters Drive NE, Leland, NC 28451
0.12
$221,800
3
2
1,512
Off Market
1009 Stonesthrow Court, Leland, NC 28451
0.14
$335,000
3
2
1,750
Recently Sold
1004 Stonesthrow Court, Leland, NC 28451
0.14
$370,000
4
2
1,893
Recently Sold

Price and Tax history

DateEventPrice
Aug 27, 2026
Source: Hive MLS #100598110
Listed For Sale
$390,000
Jun 24, 2013
Source: Hive MLS #30485089
Sold
$182,000
May 24, 2013
Source: Agent Provided
Pending
$184,900
Jan 3, 2013
Source: Agent Provided
Listed For Sale
$184,900
Jul 1, 2011
Source: Agent Provided
ListingRemoved
$242,350

LGBTQ Local Legal Protections

Living By the Coast Realty Group, RE/MAX Executive
Agent Phone: (910) 547-7429
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-09-04 15:12:41 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025-10-17 12:20:34 PDT Hive MLS

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Frequently asked questions about 1040 Lanterns Lane

  • What is the estimated monthly payment for 1040 Lanterns Lane?
    Based on a $390,000 list price with 20% down at today's rates, the estimated monthly payment for 1040 Lanterns Lane in Leland, NC is approximately $2,294 (about $2,037 principal & interest, $182 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1040 Lanterns Lane compare to homes in Leland?
    1040 Lanterns Lane in Leland, NC is listed at $390,000, about 3% above the $380K median sale price in Leland.
  • What do residents say about Leland?
    Residents describe Leland, NC as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Leland, NC.
  • What are the closest schools to 1040 Lanterns Lane?
    The closest schools to 1040 Lanterns Lane in Leland, NC are North Brunswick High (rated 4/10), Town Creek Elementary (rated 8/10), Town Creek Middle (Elementary, rated 4/10).
  • Does 1040 Lanterns Lane have air conditioning?
    Yes, 1040 Lanterns Lane in Leland, NC has air conditioning.
  • Does 1040 Lanterns Lane have a pool?
    Yes, 1040 Lanterns Lane in Leland, NC has a pool.
1040 Lanterns Lane, Leland, NC 28451 is a 3 bedroom, 2 bathroom, 1,850 sqft single-family home built in 2007. This property is currently available for sale and was listed by Hive MLS on Aug 21, 2026. The MLS # for this home is MLS# 100598110.