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$1,990,000

Beds
5
Baths
4.5
sq ft
4,765

705 Mcalway Road, Charlotte, NC 28211

705 Mcalway Road

Charlotte, NC 28211

  • 148 days on market
    • Price drop $5,000↓
Discover this breathtaking new construction located in the highly desirable Cotswold community. This luxurious three-story residence impresses with its exquisite details and finishes! Step inside to find an elegant foyer and a dedicated main floor office complete with a full bath. The open living room, featuring built-in cabinetry, overlooks the magnificent chef’s kitchen. At the heart of the home, the gourmet kitchen boasts quartz countertops, a Thermador gas range, and a large professional series built-in refrigerator. The second floor offers five bedrooms and three bathrooms, including a stunning primary spa-like bath and a spacious walk-in closet. Ascend to the upper level to discover three additional bonus spaces and a half bath, complete with a bar and beverage fridge. This versatile area is ideal for a media room, office, playroom, or entertainment space. Relax on the covered back deck with a built-in fireplace, overlooking a fenced yard spacious enough for a pool!

Details

Property type

Single Family Residence

Est. home value

$462,549

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$418

Year built

2024

Price History

03/14/2025
CanopyMLS

CanopyMLS #4197097

Price change
$1,990,000
-0.25%
02/23/2025
CanopyMLS

CanopyMLS #4197097

Price change
$1,995,000
-1.48%
02/06/2025
CanopyMLS

CanopyMLS #4197097

Price change
$2,025,000
-2.41%

Schools & Community

Neighborhood: 

Wendover-Sedgewood

Elementary school: 

Billingsville / Cotswold

Middle school: 

Alexander Graham

High school: 

Myers Park

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lima One Capital Llc

Loan start date

May 2023

Original loan amount

$1,066,350

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Commercial, 2 year

Seller

Cygnus Construction Llc and Verawood Group Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/30/2025 at 9:40 PM

Listing updated: 03/14/2025 at 1:09 PM

Listed by: Sami Clubb, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4197097

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