Greenville, nestled in Eastern North Carolina, is gearing up to welcome a stunning addition to its housing landscape courtesy of D.R. Horton, the nation’s leading homebuilder. In an exciting development, the company has acquired 114 prime lots in Pitt County, signaling the launch of its ambitious “Ridgewood Farms” subdivision. Set off Thomas Langston Road, this upcoming community is slated to feature over 220 homes, offering an exceptional blend of single-family residences and townhomes.
Expanding Horizons in Pitt County
Mike Money, D.R. Horton’s city manager for Eastern North Carolina, shared insights into this anticipated project. “Ridgewood Farms is a new residential gem, boasting 223 lots,” Money affirmed. “Our single-family home plans range from approximately 1,700 square feet to a spacious 2,800 square feet, incorporating top-tier features like 9-foot first-floor ceilings, elegant granite countertops, tile backsplashes in the kitchen, and RevWood flooring throughout the living areas.”
Home Options and Price Ranges
Highlighting the townhomes as part of the builder’s coveted Express series, Money revealed pricing details. “Our single-family homes will start in the $300,000s, while the townhomes will offer a starting price in the mid-$200,000s,” he stated.
These developments are a significant addition to Pitt County, a thriving region with a burgeoning population that currently stands at 173,542 residents as of July 2022, as estimated by the U.S. Census Bureau. Despite being more affordable than the Triangle area, home prices in Eastern North Carolina have seen substantial increases over recent years. According to Redfin, as of October 2023, the median sale price for a home in Pitt County was $250,000, a marked rise from around $150,000 in October 2018.
Anticipating Future Growth
Money expressed D.R. Horton’s optimism regarding the growth potential in Pitt County and Greenville. “Our confidence in the Greenville area is unwavering, driven by robust employment opportunities from esteemed institutions such as ECU University, ECU Health, Thermo Fisher, and Hyster Yale,” he noted. “We anticipate opening our model homes early in 2024, inviting future homeowners to explore and select their dream homes.” Continue to explore the growth here in our Triangle Area with us at Brazoban Realty as we keep you updated with the latest.
Source- Triangle Business Journal
