Print
Real Estate - Residential

New Home Lots Planned For Booming Autumn Hall

By Cece Nunn, posted Apr 12, 2017
Existing homes are shown in Autumn Hall off Eastwood Road. (Photo by Cece Nunn)
Developers have submitted site plans for what could be some of the last single-family residential lots, for now at least, in Autumn Hall, a master planned mixed-use development on Eastwood Road that traces its roots to a Trask family land purchase more than a half-century ago.

The 21 new lots in plans recently submitted to the city of Wilmington would be the last single-family home sites for what’s been approved by the city in terms of housing in the development, said Blake Frazier, vice president of sales for Fonville Morisey Barefoot, who is in charge of sales for Autumn Hall homes.

“We’re down to fewer than eight lots that we have left right now,” Frazier said Tuesday about the home sites there that currently exist.

If city officials sign off on the new lots (the site plans are up for a review before the city of Wilmington’s Technical Review Committee on April 20), Autumn Hall will have at least 200 homes when construction is complete.

“We’re selling about one or two a week right now,” Frazier said. “It’s an amazing pace.”

Some of the land in the more than 200-acre development in the 1200 block of Eastwood Road is expected to be home to future commercial development. A commercial building called Dungannon Village, which so far includes professional offices and a coffee café, is under construction and expected to be complete by next month.

The pediatric specialty clinics at New Hanover Regional Medical Center are moving to the NHRMC office building at Autumn Hall this year. The community also includes apartments, Headwaters at Autumn Hall and Carolina Bay at Autumn Hall, a continuing care retirement community.

Single-family homes there start at around $600,000, with several recent sales in the $800,000 range, Frazier said. Builders chosen by buyers to construct their homes adhere to the community’s Cape Fear Heritage Architecture standards, he said.

In addition to the strength of the area’s real estate market in general, “I think it’s the quality of the product, the uniqueness of the product, the ability to buy your own site and choose your own builder and then the location, location, location,” Frazier said, that account for Autumn Hall’s appeal.

That appeal has brought about a construction boom in the neighborhood, he said.

“There’s probably at any given time 10 to 12 half-million-dollar-and-up homes going up at one time. Just the impact of what that brings [to the local economy] is pretty amazing,” Frazier said. “It’s been that way for probably the last 12 to 18 months at least.”

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
Unknown 7112393341

Why Feasibility is Paramount to Success

Holly Segur - Lead Intuitively – Corporate Coaching
Untitleddesign7

Mastering ARC Applications: Best Practices for HOA Board Members

Dave Orr - Community Association Management Services
Cfss headshots parker robert webversion 21422121214

The Latest Solar Scams and What You Can Do to Help Stop Them

Robert Parker - Cape Fear Solar Systems

Trending News

City Club, Event Center On The Market For $7.5 Million

Emma Dill - Apr 16, 2024

Wilmington Tech Company Tapped For Federal Forestry Contract

Audrey Elsberry - Apr 15, 2024

Commercial Real Estate Firm Promotes Adams, Mitchell To Vice President Roles

Staff Reports - Apr 16, 2024

New Hanover Industrial Park To Get $3.3M In Incentives For Expansion, New Jobs

Emma Dill - Apr 15, 2024

Gravette Named Executive Director Of Nir Family YMCA

Staff Reports - Apr 16, 2024

In The Current Issue

Area Attorneys Chosen For 2024 Super Lawyers List

Included in this year's Business Journal Law Issue are those locally who made Thomson Reuters' Super Lawyers and Super Lawyers-Rising Stars...


Opioid Settlement Fights Epidemic

Local leaders in Wilmington and New Hanover County have been working together to allocate money from two nationwide opioid settlement agreem...


Chemical Reactions

The impact of PFAS on the environment and people exposed to it is still being studied. However, multiple public entities in the region have...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season