651 Gilbert Rd SE Bolivia, NC 28422
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About this home
Welcome to Your Brunswick County Country Retreat! Nestled on nearly five sprawling acres of Carolina countryside, 651 Gilbert Road SE is more than a home; it's a retreat, a homestead, and a statement of peaceful living. As you travel down the long driveway, the view opens to reveal manicured lawns and a home that feels like a statement. The broad front porch, perfect for rocking chairs and sweet tea, invites you to slow down and savor the peace of country living. With solar panels, new fencing, and new siding, this property blends modern efficiency with timeless Southern grace. The outdoor space steals the show here. Acres of level, open land stretch around the home, perfect for gardening, horses, or simply enjoying your own private sanctuary. The fenced backyard features raised garden beds, a fire pit, and space for your hammock in the sun. To one side, a vast, open field offers endless opportunity, room for crops, a workshop, or even a hobby farm. And if you've ever dreamed of collecting fresh eggs in the morning, the chickens can stay too! Step inside and discover nearly 3,000 square feet of space designed for both gathering and retreat. Two living areas welcome family and friends, while the spacious kitchen offers abundant cabinetry, a large island, and room for everyone to join in the rhythm of daily life. Just beyond, a cozy room/dining room with a gas fireplace invites quiet mornings or cozy winter evenings. The sunroom at the back of the home fills with natural light and opens onto a fenced yard with garden planters, a hammock, and space to enjoy your very own homestead. Upstairs, four bedrooms offer comfort and space, including a primary suite with a walk-in shower and a generous closet, while the guest rooms share a bathroom in the hallway. Outside, the detached three-bay garage is a dream come true, with upgraded electrical, stairs to a full storage loft, and plenty of room for projects and hobbies. This home is not in an HOA and is not in a flood zone! Whether you're an experienced homesteader or just beginning your journey toward sustainable living, these wide-open acres are ready for gardens, livestock, and the satisfaction of living off your own land.
Source: NORTHCAROLINAREGIONAL #100537845
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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