4168 Pegasus Parkway
Leland, NC, 28451 $ 375,000
Bedrooms4 Baths3.0 Sq 1,949 Monthly Estimate*
$ 2,309
for $375,000 with 4 bedrooms and 3 full baths. This 1,949 square foot home was built in 2023 on a lot size of 0.14.
From the moment you step through the front door, the transom window and large foyer set the tone -- this home lives bigger than it looks, and it's designed for the way real life actually works. What makes 4168 Pegasus Parkway stand apart in Northern Lights is simple: three true bedrooms on the main level, including the primary suite. In a community where many homes put all the bedrooms upstairs, this floor plan is the exception -- and for a lot of buyers, it's exactly what they've been searching for. Everyone who matters most sleeps downstairs. The daily routine stays on one floor. That's a lifestyle upgrade that's hard to overstate, and it's rare in this price range. Step inside and LVP flooring carries you through a wide, welcoming foyer anchored by a transom-lit front door. Toward the front of the home, two generously sized downstairs bedrooms -- each with double windows -- share a full hallway bath with a linen closet between them. Home office, guest room, nursery, or family bedrooms -- whatever this season of life calls for, these rooms deliver, and they're all downstairs. The downstairs primary suite sits at the back of the home -- private, quiet, and genuinely spacious. Tray ceilings. Double windows. Room for a king set and then some. The en-suite bath features a double vanity with undermount sinks, quartz countertops, a fully tiled walk-in shower, and a large walk-in closet that actually fits a wardrobe. Just a well-designed main level primary suite that makes every morning feel a little more manageable. The open-concept living area connects it all. Vaulted ceilings open the space beautifully while the kitchen island creates that natural gathering point where everyone ends up. You'll find an undermount farmhouse-style sink, five-burner smooth-surface stove, built-in microwave, stainless appliances, white soft-close cabinets, quartz countertops, and a classic subway tile backsplash. A breakfast nook and dining area flow right off the kitchen -- easy and connected. The pantry and a dedicated laundry room with additional closet storage are also on the main level, right where you need them. Upstairs, a spacious fourth bedroom has its own full private bath with quartz countertops and a walk-in shower -- a true suite, not a bedroom with a shared hall bath. Ideal for guests, a teenager ready for their own space, a college student, or a dedicated home office with a private bath. The main level lives completely independently. The upstairs suite is the bonus that makes this floor plan work for almost any lifestyle. Then step outside. The screened porch extends your living space through every season -- morning coffee, evening wine, watching a summer storm roll in without getting wet. A large patio sits just beyond, built for grilling and long weekends. The fully fenced backyard with wood privacy fence is completely private, safe for kids and pets, and spacious enough to actually enjoy. The established garden beds are staying, the yard is irrigated so the hard work is already done, and gutters are in place. This backyard is ready from day one. Northern Lights is the kind of neighborhood people move into and don't leave. Sidewalks, street lights, maintained roads, low HOA dues, and no city taxes. Ten minutes to downtown Leland. Twenty minutes to historic Wilmington. Thirty minutes to Oak Island, Holden Beach, and Carolina Beach. Built in 2023 by Stevens Fine Homes -- four bedrooms, three full baths, screened porch, fenced backyard with garden beds and irrigation, two-car garage, and three bedrooms including the primary all on the main level, with a private upstairs suite that makes this one of the most versatile floor plans in Northern Lights.
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FeaturesGeneralLiving Area 1949.0
Heating Heat Pump Electric Forced Air
Cooling Central Air Heat Pump
Utilities Sewer Connected Water Connected
Possession Negotiable Close Plus 30 Days
Roof Shingle
Appliances Built-In Microwave Dishwasher Electric Range
Zoning Nw-R7500cz
HOA Fee 620.0
Garage Spaces 2.0
Patio/Porch Features Patio Screened
Pool Features None
Construction Materials Vinyl Siding Wood Frame
Year Built 2023
View See Remarks
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 015ie001
Assoc Fee Paid Per Annually
County Brunswick
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
Association Amenities None
HOA Y
Attached Garage Y
Subdivision Name Northern Lights
Garage Y/N Y
Total Rooms 8
Full Baths 3
Status Pending
Directions From Compass Pointe head east on US-74/76 toward Wilmington. Turn left onto Northwest Road NE and continue approximately 0.7 miles. Turn left onto Northern Lights Drive. Turn right onto Virgo Lane. T
High School North Brunswick
City Leland
Association Name Northern Lights Association 910-509-7281
High School District Brunswick County Schools
Lot Size Units Acres
Lot Size Square Feet 6316.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Lincoln
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Leland
Lease Considered Y/N N
Structure Type Wood Frame Stick Built
Living Area Units Square Feet
Standard Status Pending
Legal Description L-21 Ph-5 Northern Lights Pl-142/98 Opener
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InteriorInterior Amenities Master Downstairs Vaulted Ceiling(s) Entrance Foyer Solid Surface Kitchen Island Pantry See Remarks
Flooring LVT/LVP
Water Heater Electric
Master Bed Level Primary Living Area
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Dryer Hookup Washer Hookup
Total Bedrooms 4
Entry Level 1
Room Type Living Room Dining Room Dining Area Laundry Master Bedroom Bedroom 2 Bedroom 3 Bedroom 4
Total Baths 3
Living Area Range 1800 - 1999
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ExteriorExterior Finish Vinyl Siding
Fencing Back Yard Wood
Parking Features Concrete Off Street
Water Source Public
Total Parking 2.0
Lot Size Area 0.14
Foundation Details Slab
Spa N
Building Area Total 1949
Lot Dimensions 55'x115'x55'x115'
Lot Size Acres 0.14
Road Surface Type Paved
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
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* Excluded FeaturesList ByColdwell Banker Sea Coast AdvantageBroker
buddy@buddyblake.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,309
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Leland, NC
Average List Price $508,497
Percent of Sale Price 36%
About Leland, NC 19,062 Population
217% Since 2002
$ 60,494 Median Income
41.79 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4664934 Elementary School
4664921 Middle School
North Brunswick High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/28/2026 | $375,000 | | Listed Price |