tomo logo

$5,300,000

Beds
6
Baths
8.5
sq ft
8,820

9044 Island Point Road, Charlotte, NC 28278

9044 Island Point Road

Charlotte, NC 28278

  • 189 days on market
    • Price drop $600,000↓
Nestled in The Sanctuary's prestigious enclave, this European-style mansion custom built by Kingswood Custom Homes stands as a paragon of luxury. Spanning 12,500 sq ft under roof on a lush 7-acre estate, it offers unparalleled privacy and tranquility. A sweeping 500ft driveway through private gates leads to this architectural marvel, boasting an eight-car garage. At its core, a lavish pool and spa, surrounded by pristine gardens, are complemented by a grand home gym w/ full sauna & steam room for ultimate wellness experience. The grand interior features a dramatic foyer w/ soaring ceilings, Romeo & Juliet staircase, custom moldings / finishes, setting the stage for a refined open-plan living. The home includes a state-of-the-art theater & a unique two-lane automated shooting range. Luxurious living quarters, including a palatial 1st floor primary suite w/ en-suite bath spanning the length of the home. This estate combines secluded grandeur w/ proximity to Charlotte's vibrant city.

Details

Property type

Single Family Residence

Est. home value

$4,707,986

Lot size

Unknown

Price per sq ft

$601

Year built

2012

Monthly HOA fee

$452.17

Price History

10/09/2024
CanopyMLS

CanopyMLS #4135509

Price change
$5,300,000
-10.17%
05/10/2024
CanopyMLS

CanopyMLS #4135509

Listed
$5,900,000
+268.75%
02/22/2019
CanopyMLS

CanopyMLS #3425877

Sold
$1,600,000
-28.89%

Schools & Community

Elementary school: 

Winget

Middle school: 

Southwest

High school: 

Palisades

Community features: 

Clubhouse, Fitness Center, Playground, Street Lights, Tennis Court(s)

Negotiation Insights

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

Seller could get up to

$3,285,253
Asking price
$5,300,000
Closing costs (~8% of asking)
-$424,000
Est. remaining loan balance
-$1,590,747
Cash to seller
$3,285,253

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

May 2022

Original loan amount

$1,655,500

Est. remaining balance

$1,590,747

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Keenan Alexander Allen and Aak Revocable Trust

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?

Similar Homes Nearby

CanopyMLS
$5,000,000
5 bd
|
5.5 ba
|
9,757 sq ft
|
House

13702 Sage Thrasher Lane, Charlotte, NC 28278

Status: Active

Tomo last checked: 11/08/2024 at 10:10 AM

Listing updated: 10/14/2024 at 3:28 PM

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

MLS: CanopyMLS #4135509

CanopyMLS logo

Recently listed in Charlotte