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Mungo Homes
  • Wilmington
  • Castle Hayne
  • Avenue One
  • 1238 Corolla Drive
+ 23 Photos

1238 Corolla Drive

Castle Hayne, NC 28429
$339,726
Calculator$0/mo
  • Beds4
  • Baths3.5
  • Sq Ft1,946
  • Stories2
  • Garage1-Car

The popular Hyacinth floor plan offers the perfect blend of style, space, and functionality with four bedrooms, three-and-one-half baths, a spacious loft, and an attached garage. Construction is just getting underway, giving buyers the opportunity to secure a brand-new home in one of Castle Hayne’s most exciting new communities. Thoughtfully designed with an open-concept layout, this home features quartz countertops, upgraded soft-close cabinetry, luxury vinyl plank flooring throughout the main living areas, boxed wood stairs, and a beautifully appointed kitchen with under-cabinet lighting and island seating. The first-floor primary suite provides convenience and privacy, while the second floor offers additional bedrooms, a guest suite, loft space, and plenty of room for loved ones. Enjoy low-maintenance living with exterior home maintenance and lawn care included through the HOA, plus future community amenities. This home sits in Avenue One, a new community conveniently located just minutes from Wilmington, UNCW, ILM Airport, shopping, dining, and area beaches.
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  • Community: Avenue One
  • Floor Plan: Hyacinth
  • Homesite: 119
Ready October 2026
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Floor Plan

1st Floor
2nd Floor

Specifications

  • Address
    1238 Corolla Drive
  • City, St, Zip
    Castle Hayne, NC 28429
  • Bedrooms
    4
  • Full Baths
    3
  • Half Baths
    1
  • Sq Ft
    1,946
  • Price
    $339,726
  • Estimated Completion Date
    Ready October 2026
  • Community
    Avenue One
  • Plan
    Hyacinth
  • Status
    Under Construction
  • Homesite
    119
  • Garages
    1-Car
  • Primary Bedroom Location
    Main Floor

Map & Directions

Community Directions
  • From Wilmington: take College Road N and continue into I-40 W.
  • Take exit 420 B to merge onto NC 132 N/US 117 N/N College Rd.
  • Turn right onto Blue Clay Rd.
  • Travel 3.3 miles, and turn right onto Sidbury Road.
  • Avenue One is on the right.
Home Address

1238 Corolla Drive
Castle Hayne, NC 28429

View in Google Maps

Schools

Avenue One Schools

  • School Castle Hayne Elementary
  • School Holly Shelter Middle
  • School Emsley A. Laney High
*Schools can change without notice. Verify with the local school district.

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  • Homesite119
Ready October 2026

Avenue One Included Features

Community Amenities

Cabana

Common Areas

Dog Park

Swimming Pools

Tot Lot

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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 before 6/30/26. Loan must close before 8/31/26. 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 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 $1,842.74 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, 5.798% APR, and 4.99% interest rate. Rate, fees, other charges and terms subject to change.

**Example of FHA 96.5% LTV (3.5% Down Payment) 2-1 Buydown Loan Program with $350,000 sales price, $343,660 loan amount, $12,250 cash down payment 30-year fixed-rate loan with 0 points - $1,842.74 monthly payments. First-year monthly payment $1,447.03 with an interest rate of 2.99%, 5.895% APR. Second Year monthly payment $1,638.70 with an interest rate of 3.99%,  5.895% APR. Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Example includes $1,495 origination fee. 5.895% APR and 4.99% interest rate for years 3-30 of the loan and a credit score of 720. Rates, fees, other charges and terms are subject to change. Product requires a seller contribution of $8,575.00 to pay for the cost of the 2/1 Buydown.

***Example of 96.5% LTV (3.5% Cash Down) FHA 5/1 ARM Loan Program with $400,000 sales price. 392,755 loan amount - 5-yr adjustable-rate loan (30-yr term) with zero points based on 360 monthly payments. 3.5% cash down payment of $14,000 required. Example includes $1,595 origination fee, 5.773% APR, and 3.99% interest rate. Initial monthly payment will be $1872.81 (principal and interest only). After the initial fixed rate period and subject to the interest rate adjustment caps, the maximum first adjusted rate for this example will never be more than 4.99% with a first adjustment maximum payment of $2,105.99  (principal and interest only). The maximum lifetime rate will never be more than 8.99% with an estimated maximum monthly payment (principal and interest only) of $3,3157.37. Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Your interest rate and payment may increase with the first or any subsequent adjustment. This example assumes the Treasury index will be used throughout the life of the loan and will not change. Fees, other charges, and terms subject to change.

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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