507 Mulligan Way SE, Bolivia, NC, 28422
About This Home
AMAZING OPPORTUNITY AND VALUE-- SPACE, FLEXIBILITY, AND FREEDOM WITH NO HOA OR FLOOD INSURANCE. This 4-bedroom, 2-bath home offers more than meets the eye, featuring an additional flex room (ideal for an office, guest space, or hobby room), along with both a family room and a den--giving you the space and versatility today's buyers are looking for. The open floorplan flows easily from the main living areas into a breakfast room just off the kitchen, creating a functional layout for both everyday living and entertaining. The primary suite features a large soaking tub and separate shower, offering a comfortable retreat at the end of the day. Converted to real property, this home sits on an oversized lot with mature trees that provide both privacy and room to enjoy the outdoors. Recent updates include fresh paint and new carpet, making this a move-in ready option whether you're looking for a primary residence, second home, or investment property. Located in the Riverwalk Community with no HOA and no flood insurance required, this property offers both freedom and affordability. Conveniently positioned just a short drive to Oak Island, Holden Beach, and Southport, you'll have easy access to beaches, dining, and coastal lifestyle amenities. If you've been searching for space, flexibility, and value--this one deserves a look. Relax, it'll be a breeze.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2000
Materials
- Foundation: Brick/Mortar,Permanent
- Roof: Shingle
- Construction materials: Vinyl Siding,Wood Frame
Type & Style
- Home type: MobileManufactured
- Property subType: Manufactured Home
Interior
Appliances
- Appliances included: Refrigerator,Dishwasher,Cooktop,Electric Range
- Laundry features: Dryer Hookup,Washer Hookup,Laundry Room
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Vaulted Ceiling(s),Ceiling Fan(s),Walk-in Shower
- Flooring: LVT/LVP,Carpet
Heating & Cooling
- Heating features: Heat Pump,Electric
- Cooling features: Central Air,Ceiling Fan(s),Heat Pump
Interior Area
- Total structure area: 1,836
- Total interior livable area: 1,836 sqft
Property
Details
- Parcel number: 217eb011
- Zoning: CO-RR
- Special condition: Standard
Features
- Levels: One
- Patio & porch: Deck,Porch,Front Porch,Rear Porch
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
- Frontage type: See Remarks
- Living area range: 1800 - 1999
Lot
- Lot size: 0.34 Acres
- Features: Level,Wooded
- Lot size dimensions: 150 x 100 x 148 x 100
Parking
- Parking features: Concrete,Parking Pad
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Inland Flooding
- Lightning
- Wildfire
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brunswick County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,011 | $12,132 |
| Home Insurance * | $84 | $1,008 |
| Property Taxes | $75 | $900 |
| Electricity | $200 | $2,405 |
| Total | $1,370 | $16,440 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Price change | $200,000 |
| 2026-03-17 | Listed for sale | $220,000 |
| 2021-05-28 | Sold | $1,000 |
| 2005-02-28 | Sold | $75,000 |
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