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What could you use this flex space for...
So Many Options
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Powder Room on Main Floor
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Sunroom (hot tub doesn't convey)
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Bedroom Room being used as a game Room
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Encapsulated Crawlspace-you don't have to worry about it, seller already took care of it

504 Periwinkle Way

Caswell Beach, NC 28465

$715,000

$307 per Sq.Ft.

  • Active
  • 5 beds
  • 2.5 baths
  • 2326 Sq. Ft.
  • Residential
  • Built in 1990
  • MLS #100577309
5 beds
2.5 baths
2326 Sq. Ft.
Residential
Built in 1990
MLS #100577309
Tucked beneath a canopy of mature trees in the beautiful community of Arboretum at Caswell Beach, this home offers the kind of setting that makes you forget you are even on an island. With lush landscaping, winding streets, and resort-style amenities, Arboretum is one of the area's hidden gems featuring a clubhouse, indoor pool, pickleball, tennis, and basketball courts -- plus free private beach parking just a short golf cart ride away so your toes can be in the sand within minutes. Step inside to a dramatic two-story foyer that welcomes you into a spacious and thoughtfully designed floor plan built for both everyday living and entertaining. The large living room features a cozy gas log fireplace (hidden behind the TV entertainment center), while an additional oversized den/flex space gives you endless possibilities for a home office, media room, playroom, or second living area. A formal dining area flows into the kitchen featuring stainless steel appliances, tile backsplash, breakfast nook, and large windows overlooking the sunroom and peaceful backyard filled with beautiful mature trees. Enjoy your morning coffee in the sunroom or take it outside on the patio to enjoy nature. A convenient powder room is located on the main floor for guests, and the private lot creates a serene backdrop that is hard to find near the coast. Upstairs living means your main living and entertaining spaces stay separate from the bedrooms -- perfect for creating privacy and quiet at the end of the day. The spacious primary suite offers a tray ceiling, ensuite bath with dual vanities, oversized walk-in shower, and huge walk-in closet. Four additional generous-sized bedrooms line the hallway, including one currently used as a game room, along with another full bath and conveniently located laundry room. The oversized 2-car garage even leaves room for a workshop space, and the long list of recent upgrades gives peace of mind for years to come. Major improvements include hardwood floors (2025), LVP flooring (2025), heat pump (2025), water heater (2024), all copper water lines (2025), irrigation well pump (2025), plus the crawlspace was professionally encapsulated with a dehumidifier and sump pump in 2025. Be sure to ask your agent for the full upgrades list!

Interior Features

Total bedrooms
5 bedrooms
Full bathrooms
2 full bathrooms
Half bathrooms
1 half bathrooms
Kitchen appliances
Built-in microwave, washer, refrigerator, ice maker, dryer, dishwasher
Interior features
Walk-in closet(s), vaulted ceiling(s), tray ceiling(s), high ceilings, entrance foyer, ceiling fan(s)
Flooring
Lvt/lvp, carpet, wood
Cooling
Central air
Heating
Heat pump, electric, forced air

Exterior Features

Lot size
0.37 acres
Water front
No
Fencing
None
Exterior features
Cedar, brick, wood siding
Roof
Shingle

HOA Information

HOA
Yes
HOA fees
$2,000.00
HOA amenities
Basketball court, clubhouse, indoor pool, maint - comm areas, maint - roads, party room, pickleball, street lights, tennis court(s)

Utilities

Utilities
Sewer connected, water connected

Schools

Elementary school
Southport
Middle school
South Brunswick
High school
South Brunswick

Other Information

Tax assessed value
$494,520.00
Tax amount
$2,971.26
Tax year
2025
Zoning
Cb-R20-Sf

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