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Corabell & Daphne Plans
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54 South

Peggy's Trace | Sneads Ferry, NC
 | High $200s

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Welcome to 54 South, a new townhome community in Sneads Ferry. Featuring thoughtfully designed three-story townhomes with one-car garages, homes range from approximately 1,955 to 1,970 square feet, providing flexible space for today's lifestyles. Ideally located near the back gate of Camp Lejeune and just six miles from the beach, 54 South makes it easy to enjoy both work and coastal recreation. Residents will appreciate the community's green space, lock-and-leave lifestyle, and exceptional value, whether commuting to the base, spending weekends by the water, or simply enjoying a low-maintenance home designed for easy living.
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Photo Gallery

Community Photo Gallery
  • Corabell & Daphne Plans
  • Corabell & Daphne Plans
  • Daphne | Kitchen
  • Daphne | Kitchen
  • Daphne | Kitchen & Eat-in
  • Daphne | Great Room
  • Daphne | Great Room
  • Daphne | Primary Bedroom
  • Daphne | Primary Bathroom

Schools

54 South Schools

*Schools can change without notice. Verify with the local school district.

Map & Directions

Community Directions
  • From Wilmington: take US-17 N.
  • Turn right onto NC-172 W.
  • Travel 6 miles, and 54 South will be on your left.
  • From Jacksonville: take US-17 S.
  • Turn left onto NC-210 W.
  • Turn left onto NC-172.
  • Travel 2 miles, and 54 South will be on your left.
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Silverton Mortgage is authorized to originate FHA loans, but it is not an agent of, or affiliated with, the U.S. Government.

ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.

Contact your Mungo Homes sales manager for a list of eligible homes. Contracts written on or after 09/14/2026. Loan must close before 01/12/2027. All terms and conditions subject to credit approval, market conditions and availability. Silverton Mortgage has locked in a fixed interest rate for a pool of funds. Rates are only available until pool of funds is depleted or rate expires.

*Example of 96.5% LTV FHA Loan Program with $350,000.00 sales price. $343,660.00 loan amount - 30-year fixed-rate loan with zero points based on 360 monthly payments at $2,227.56 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Down payment of $12,250 required. Example assumes 780 credit score and includes $1,595 origination fee, 6.372% APR, and 5.49% interest rate as of 09/25/26. Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state. Contact your builder sales manager for a list of eligible homes.

**Example of FHA 96.5% LTV (3.5% Down Payment) 2-1 Buydown Loan Program with $400,000 sales price. $392,755 loan amount, $14,000 cash down payment 30-year fixed-rate loan with 0 points. $2,227.56 monthly payments. First-year monthly payment $1,761.45 rate 3.49%, 6.237% APR. Second Year monthly payment $1,987.70 with an interest rate of 4.49% and 6.237% APR. Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Example includes $1,595 origination fee. 6.237% APR and 5.49% interest rate for years 3-30 of the loan as of 09/30/2026 and a credit score of 720. Rates, fees, other charges and terms are subject to change. Available loan programs and terms will vary by state. Product requires a seller contribution of $8,471.64 to pay for the cost of the 2/1 Buydown. 

Vanderbilt Mortgage and Finance, Inc., dba Silverton Mortgage, 1201 Peachtree St NE, Ste 2050, Atlanta, GA 30361, 404-815-0291, NMLS #1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act license, licensed by the N.J. Department of Banking and Insurance, Licensed by PA Dept. of Banking and Securities, Rhode Island Licensed Lender. Licensing information: https://silvertonmortgage.com/licensing/. Equal Housing Opportunity. 07/2025

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