Ready to Make a Move? Trade Rent for Equity in Grand ParkNovember 3, 2025
November 3, 2025
Leland has become one of the fastest-growing towns in North Carolina, with both small-town charms with big-city convenience. Shopping and dining options are plentiful, the Novant Health Center offers accessible healthcare, and pristine beaches are within driving distance. While this rapid growth is testament to Leland’s appeal, searching for housing in the area can feel overwhelming.
Renting often seems like a convenient choice, but rent hikes, noisy upstairs neighbors, and pet restrictions can quickly outweigh the benefits. There’s another housing option that offers plentiful benefits without the pain of renting—townhome ownership.
The Grand Park community by Mungo Homes offers luxury two-story townhomes, an excellent choice for anyone searching for housing. These units feature first-floor primary bedrooms, spacious two-story living areas, and covered porches. One- and two-car garage options allow you to enjoy the peace of private parking. There are also limited opportunities for end unit townhomes, which offer even more privacy!
In addition to stunning homes, Grand Park boasts beautiful landscaping and amenities, including a resort-style pool, covered pavilion, fire pit, and grilling stations. The location is ideal—there’s plenty of shopping and dining nearby, and it’s only twenty minutes from downtown Wilmington!
Homebuying might seem intimidating, but its long-term benefits make it a strategic investment that offers comfort and stability. Keep reading to learn more about how a townhome could be the right move for you.
A Closer Look at Renting vs. Owning
Deciding between renting and buying is a big deal—and it deserves careful thought. The table below breaks down some of the key benefits of owning a townhome in Grand Park versus continuing to rent in the area.
| Benefits | Owning a Grand Park Townhome | Renting an Apartment |
| More Space to Live & Grow | Spacious floor plans, including:
| Less space:
|
| Build Wealth & Stability | Payments build your personal wealth. No rent hikes. | Your rent builds your landlord’s wealth. Rent increases. |
| More Privacy | No upstairs or downstairs neighbors, and a private entry. | Shared walls, floors, and hallways. |
| Your Space, Your Rules | Decorate, paint, and upgrade your home however you'd like. | No personalization, and potential security deposit penalties for customization. |
| Garage & Driveway Parking | Convenient, secure, and free parking, with one or two-car garage options providing extra storage. | Paid or first-come, first-served parking. |
| Pet-Friendly Living | No deposits, fees, or breed restrictions on pets. | Frequent pet limits, restrictions, and added costs. |
| Exclusive and Convenient | Boutique community just outside of bustling Leland. | Often hundreds of units in high-traffic areas. |
| Hassle-Free Homeownership | The HOA maintains landscaping and some exterior maintenance. | No ownership, only occupancy. |
| Long-Term Stability | Homeownership allows you to stay as long as you want with no rent hikes. Be part of a community, not just a temporary place to live. | Juggle lease terms and frequent rent increases. |
Buying a townhome offers several clear perks over renting, and it’s an investment in your future. Grand Park’s luxury townhomes offer convenience, style, and privacy—all in a great location.
Thinking Bigger? Explore Our Single-Family Homes
While townhomes offer an excellent entry point into homeownership, this community also features single-family homes for those seeking additional space and customization. Grand Park offers move-in ready homes as well as customizable build jobs, where you can select your homesite, floor plan, and finishes.
Our single-family homes range from 1,900 to over 4,300 square feet with two to six bedrooms. These houses offer desirable features like first-floor primary bedrooms, outdoor living spaces, and bonus rooms or lofts. It's the perfect next step for growing families or anyone looking for extra room to spread out.
Make Grand Park Home Today
Whether you're eyeing a low-maintenance townhome or a spacious single-family home, Grand Park offers award-winning floor plans that don't skimp on style. You can move into a completed home with all the modern finishes already in place, or work with a designer to build something that's uniquely yours. Either way, you're investing in a home—not just paying someone else's mortgage.
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