Waterway Lots for Sale in Southport, NC
Updated October 2026 by Danielle King, REALTOR®, Realty ONE Group Dockside
Quick answer: Waterway is a new master-planned community coming to Southport. A recent listing says it will have walking trails, pocket parks, and a future amenity center. In October 2026 there were 6 homesites listed, about a quarter acre, priced from $185,000 to $299,900.
Waterway at a Glance
| Location | Southport, NC 28461 (Brunswick County) |
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| Property types | Homesites |
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| Lot size | About 0.21 to 0.30 acres |
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| Planned amenities | Walking trails, pocket parks, future amenity center (per a recent listing) |
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| Price range | $185,000 to $299,900 (listings, October 2026) |
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Where Is Waterway?
Waterway includes Coral Gull Street, plus lots on Peninsula and Fletcher Key.
What Amenities Does Waterway Have?
- Walking trails (planned)
- Pocket parks (planned)
- Future amenity center
What Are the HOA Fees in Waterway?
Ask me about the Waterway HOA and its current fee. MLS listings report HOA fees in different ways, and fees change, so always confirm with the HOA before you buy.
What Types of Lots Are in Waterway?
Listings are homesites. A recent listing mentions a local custom builder team.
Can You Rent Out a Home in Waterway?
Check the recorded covenants and any HOA rules before you plan on rentals. Rental rules also depend on whether the home is inside Southport city limits or in Brunswick County, so confirm both before you buy.
What Should Buyers Know About Waterway?
Planned amenities are not built yet. Ask for the timeline in writing, and ask if you must use a set builder.
What Is the Southport Housing Market Doing Right Now?
Short answer: Southport is a balanced market. Single-family homes sold for 98.5% of list price on average, with a median of 53 days on market. Waterway follows the same broad trend, so price and condition matter.
| Median sold price | $427,000 |
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| Homes sold | 42 |
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| Median sold price per sq. ft. | $236 |
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| Active listings | 256 |
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| Median list price, active listings | $579,000 |
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| Median estimated home value | $590,000 (up 0.4% over 12 months) |
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| Months of inventory | 4.49 (balanced market) |
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| Sold price vs. list price | 98.5% |
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| Median days on market | 53 days |
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Source: RPR Market Trends, single-family homes, City of Southport boundary, September 2026. These are town-wide numbers, not Waterway only, and condos are not included. For more on the town, see my Southport NC guide.
What Should You Check Before Buying in Waterway?
- HOA documents. Get the current budget, rules, rental rules, and any special assessments for Waterway. Fees and rules change.
- Utilities and soil. Confirm water and sewer service, or get a septic permit check, before you buy a lot. Ask about any building rules too.
- Builder contract. Read the builder contract, warranty, and timeline. Your own inspection is still smart on new construction.
- City or county. Some 28461 addresses are inside the City of Southport and pay a city tax. Others are in unincorporated Brunswick County. That also affects rental and building rules.
- Flood zone. Check the FEMA flood map for the exact address. Some Southport streets near the Cape Fear River, the marsh, and the Intracoastal Waterway sit in a flood zone, and others do not.
- Insurance quote. Get wind and flood quotes early. Coastal premiums can change your monthly payment more than the price does.
Thinking About Selling Your Waterway Lot?
In a balanced market, the first two weeks matter most. Price it right, show it well, and you give buyers a reason to act now. I build every pricing plan on recent sales in Waterway and nearby, not a town-wide average.
See What Your Home Is Worth
Frequently Asked Questions About Waterway
Is Waterway finished?
No. It is a new community, and the amenity center is planned for the future.
Are there lots for sale in Waterway right now?
Inventory changes daily. The live listings on this page update from the MLS. If nothing fits today, I can set up an alert so you hear about new Waterway listings first.
What Do Clients Say About Danielle?
"I've had a great experience with Danielle King! We have done a few deals together in Brunswick County, NC and her knowledge of the area is exceptional! She treats every transaction as if it was her own and I recommend her to anyone looking for a new home or investment in North or South Carolina!"
– Repeat client, Brunswick County, NC
Read more reviews from my clients on Google, Realtor.com, and Homes.com.
Talk With Danielle King About Waterway
I'm Danielle King, a REALTOR® with Realty ONE Group Dockside, licensed in North Carolina and South Carolina. My real estate roots go back to 1995 in the Poconos. Before I came back to real estate, I managed a dental practice and spent years negotiating with insurance companies for patients. I bring that same advocate mindset to every Southport deal, from the first showing to the closing table.
Want to see lots in Waterway, or find out what yours could sell for? Call or text me, or book a call.
Danielle King, REALTOR®
Realty ONE Group Dockside | Licensed in NC & SC
843-203-9962 | 910-981-1311 | danielle@yourkeytorealty.com | yourkeytorealty.com
Real people. Real life. Real relationships. Real results.
Results that MOVE you
Explore More Southport Communities
Community details come from recent MLS listings, builder information, and community sources as of October 2026. They can change. Always confirm with the HOA or seller documents before you buy. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
