New homes in Grayson Park start at $360,990 for D.R. Horton’s Tradition Series, and the two move-in-ready houses listed on the builder’s page on November 5, 2026 were $409,999 for 1,983 square feet and $434,999 for 2,671 square feet. Resale is the cheaper half of the community, with townhomes and older phases well below the new-build range.
Grayson Park sits off US 17 in Leland, inside the Town of Leland limits, with the sales model at 2008 Willowleaf Drive and the community entrance at 2050 Grayson Parkway. It is one of the larger production-builder communities in northern Brunswick County, and it has been building long enough that you can buy new from the builder or buy a house from a neighbor in the same neighborhood.
That split is the thing to understand before you shop. Brunswick County records identify 780 parcels as Grayson Park. The median year built among them is 2022, 448 were built in 2020 or later, 214 in the 2010s and 65 in the 2000s, so a buyer is really choosing between a brand-new build at the front edge of the community and a five-to-twenty-year-old house in the older sections.
What the builder is charging right now
D.R. Horton publishes starting prices by floor plan, which is more transparency than most builders give. As read on the builder’s Grayson Park page on November 5, 2026, the plans ran from the $361s for the 1,618-square-foot Aria to the $423s for the 2,643-square-foot Forrester, with the Cali at the $375s for 1,774 square feet, the Glynn at the $390s for 2,344, the Litchfield at the $394s for 1,983 and the Darby at the $410s for 2,368.
Two finished houses were available. The listing at 2012 Willowleaf Drive, 2,671 square feet with five bedrooms, was $434,999, cut from $455,140. The model-address home at 2008 Willowleaf Drive, 1,983 square feet with four bedrooms, was $409,999. A third house at 4324 Coralbead Lane, 2,643 square feet, was under contract with no price shown. A roughly $20,000 cut on a finished inventory home is the normal shape of a Brunswick County fall, and it is the number to start your negotiation from rather than the number to celebrate.
- Tradition Series from $360,990; floor plans from the $361s to the $423s D.R. Horton Grayson Park community page, read November 5 2026
- Available homes: $409,999 for 1,983 square feet and $434,999 for 2,671 square feet, the latter reduced from $455,140 D.R. Horton Grayson Park community page, read November 5 2026
- 780 parcels in county records, median year built 2022; median tax-assessed value of improved parcels $314,780, range $109,550 to $511,970 NC OneMap statewide parcels, Brunswick County records, read November 5 2026; assessed values reflect the January 1 2023 revaluation
- Median lot size 0.17 acres; 489 single-family parcels, 190 townhomes, 51 waterfront single-family and 24 waterfront townhomes NC OneMap statewide parcels, Brunswick County records, read November 5 2026
- Combined 2026 property tax rate: 0.592 per $100 of value, Brunswick County at 0.342 plus Town of Leland at 0.25 Brunswick County Tax Office tax rates table, 2026 rates, read November 5 2026
- 216 of 780 parcels sit in a Special Flood Hazard Area, 214 in Zone A and 2 in Zone AE FEMA National Flood Hazard Layer, read November 5 2026
The cost that does not show up in the price
More than a quarter of Grayson Park is in the mapped floodplain, and almost all of it is Zone A rather than Zone AE. We ran all 780 parcels against FEMA’s National Flood Hazard Layer on November 5, 2026 and 216 came back in a Special Flood Hazard Area.
Zone A matters in a specific way. It is a Special Flood Hazard Area, so a lender on a federally backed mortgage will require flood insurance and will escrow it. But Zone A carries no published base flood elevation, which means there is no number on the map to measure your finished floor against. Pricing the policy well usually takes an elevation certificate from a surveyor, and without one you can end up paying more than the house actually warrants.
It is lot by lot, not street by street. On Coralbead Lane, 4285 came back Zone A and 4324 came back Zone X, minimal hazard. The builder’s model address at 2008 Willowleaf Drive is Zone X. Two houses that look identical from the curb can carry very different annual costs, and the only way to know is to check the parcel. Our flood zones and flood insurance guide explains how we read these determinations and what to ask for during due diligence.
Taxes, and why the resale numbers look low
Grayson Park is inside the Town of Leland, so a buyer pays two rates. For 2026 that is Brunswick County at 0.342 per $100 of value plus Leland at 0.25, which is 0.592 combined. On a $410,000 purchase that is roughly $2,427 a year before any fire fee, which is still cheaper than the same house would carry inside the Wilmington city limits across the river.
About those assessed values. The $314,780 median in county records is a tax assessment, not a market price, and Brunswick County’s assessments reflect the revaluation that took effect January 1, 2023. The county’s next countywide revaluation is effective January 1, 2027. If you buy here, expect your assessed value to move toward market and plan your escrow accordingly rather than assuming this year’s tax bill is next year’s.
How Grayson Park fits the rest of Leland
Leland is the fastest-growing part of our service area. The town counted 22,908 residents in the 2020 census and carried a 2024 population estimate of 33,065 in the state transportation department’s municipal boundary dataset, a 44 percent increase. That growth is why the new-construction inventory exists and also why US 17 feels the way it does at 5 p.m.
On price, Brunswick County remains the region’s slowest market and its best market for a patient buyer. The three-month county median sale price was $394,000 with 93 days on market and 2,334 active listings on the September 2026 data on our Brunswick County market update. Grayson Park’s finished inventory sits above that county median while its entry floor plans start below it, which is a wider spread than most communities give you. Our Leland community guide compares it with the other options nearby, and our new construction pages track what each builder is offering this month.
Two gaps you should fill before you sign anything. D.R. Horton’s Grayson Park page does not publish an HOA dues figure, and with 190 townhomes in the community the dues structure almost certainly differs by product type, so ask for the current schedule and the budget in writing for the specific address. And the advertised financing is the usual trade: the 5.50 percent fixed rates and the 3.990 percent introductory ARM rates on the builder’s page required the builder’s lender, and the government ARM programs required a 1.000 percent discount point, with contract and closing windows attached. Against a 7.24 percent market rate on the Freddie Mac survey for the week ending October 29, 2026, that incentive is worth real money, but it is worth getting one independent quote so you know how much. Finally, our parcel figures cover the 780 parcels whose recorded legal description names Grayson Park; a few homes may be recorded under a phase name instead.
Related questions people also ask
Who builds the new homes in Grayson Park?
D.R. Horton is the active builder, selling its Tradition Series there with six published floor plans and a model home on Willowleaf Drive. The community has been under development long enough that earlier phases include homes from the 2000s and 2010s, so resale inventory exists alongside the new construction. When you shop a community with both, ask who built the resale house you are considering, because warranty coverage and build quality are not uniform across phases.
Is Grayson Park in a flood zone?
Part of it is. Of the 780 parcels Brunswick County records identify as Grayson Park, 216 fall inside a Special Flood Hazard Area on FEMA’s current maps, almost all of them in Zone A rather than Zone AE. Zone A is a mandatory flood insurance zone for a federally backed mortgage but carries no published base flood elevation, so an elevation certificate is usually needed to price a policy accurately. The determination is made parcel by parcel, and neighboring addresses on the same street can fall in different zones.
What are property taxes on a home in Grayson Park?
Grayson Park is inside the Town of Leland, so an owner pays both the Brunswick County rate and the town rate. For 2026 those are 0.342 and 0.25 per $100 of assessed value, a combined 0.592, which works out to about $2,427 a year on a $410,000 value before any fire or service fees. Brunswick County’s next countywide revaluation takes effect January 1, 2027, so a buyer should expect the assessed value and the resulting bill to change after that date.
If Grayson Park is on your list, send us the specific address or lot number and we will pull the FEMA flood determination, the recorded plat and the HOA documents before you tour, and we will register you with the builder so you keep your representation. Walking into the model unrepresented is the one mistake here that cannot be undone later. Talk it through with our team first and we will do that homework with you.
Sources: D.R. Horton Grayson Park community page, prices and incentive terms as published, read November 5 2026. NC OneMap statewide parcels, Brunswick County parcel records, read November 5 2026. FEMA National Flood Hazard Layer, read November 5 2026. Brunswick County Tax Office tax rates table, 2026 rates, read November 5 2026. Brunswick County Tax Office, countywide revaluation effective January 1 2027. NCDOT Municipal Boundary layer, Town of Leland, read November 5 2026. Tidal Realty Partners Brunswick County market update, three months ending September 2026. Freddie Mac Primary Mortgage Market Survey, week ending October 29 2026.
