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Real Estate - Residential

Mungo Opens New Model Home In Holly Ridge

By J. Elias O'Neal, posted Apr 9, 2014
Signs of the region’s residential appeal to new builders continue to grow.
 
Officials with Irmo, S.C.-based Mungo Homes announced Wednesday the company has completed and opened its newest model home in The Groves section of the Neighborhoods at Holly Ridge, according to a news release.
 
Brad Tilyou, a project manager with Mungo Homes, will oversee construction in the development.
 
This is the firm’s first development in the greater Wilmington area.
 
Officials plan to construct 26 new homes in the development, located along N.C. Highway 50.  
 
Starting in the $180,000s, new homes at The Groves range from 1,600 to 2,800 square feet and feature a number of open plans, master suites, stainless appliances, granite kitchen countertops, comfort-height master vanities, two-car garages and a music port to “plug and play” music from any mobile device, the news release said.   
 
Mungo’s development will soon have lots of company, as the push north of New Hanover County continues to heat up – especially along the U.S. Highway 17 corridor between Wilmington and Jacksonville.
 
Wilmington-based developer Mike Pollak and longtime Hampstead-based developer David Greer announced in March plans to construct Wyndwater – a 300-400 lot subdivision on the now-defunct Topsail Greens Golf Club site.
 
Officials with Wilmington-based Trask Land Co. plan to deliver homesites in Poplar Branch – a 60-lot, single-family housing development located on a 30-acre tract along N.C. Highway 50 – to three builders: Fayetteville-based Caviness and Cates Construction, Raleigh-based American Homesmith and Jacksonville-based A. Sydes Construction, by the second quarter of this year.
 
The Trask Land Co. also plans to develop 1,300 acres along U.S. 17 into Blake Farm, a master planned community that will house 2,200 residential units over the next 10 years.
 
Plans call for the first phase of the project to incorporate 300 apartment units and 200 single-family homes. Trask added the development would also feature a number of nature hike-and-bike trails, multiple green spaces and a community farm. Trask officials are also working with the Onslow County division of Pluris LLC to construct a wastewater treatment facility in Blake Farm to accommodate denser development and future growth.
 
Pending county approval, Trask officials hope to launch construction on the development’s infrastructure during the fourth quarter of this year and start to deliver lots in the third quarter of 2015.
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