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$899,000

Beds
5
Baths
3.0
sq ft
2,464

938 Pinehaven Drive, New London, NC 28127

938 Pinehaven Drive

New London, NC 28127

  • 6 days on market
Welcome to your ultimate lakeside escape! 5bd/3bath property on Badin Lake offers the perfect mix of relaxation, recreation, and income potential—just in time for summer. Situated on a .21-acre lot, this gem includes a private dock and boat ramp, giving you seamless access to the lake for fishing, swimming, and boating. The home also features a two-car garage for ample storage and flexible use. Along with your private boat slip, a community slip is just 60 seconds away for added convenience. Old North State Club is nearby, offering a championship golf course, tennis and pickleball courts, and a state-of-the-art fitness center. Close to dining. Charlotte, Winston-Salem, and Greensboro are just an hour’s drive away, making this property ideal for weekend getaways or a permanent escape. Whether you're seeking a personal haven or an investment opportunity, this property offers excellent short-term rental potential due to its prime location. Professional Pictures will be uploaded on 3/28

Details

Property type

Single Family Residence

Est. home value

$674,008

Lot size

Unknown

Price per sq ft

$365

Year built

1952

Monthly HOA fee

$8.33

Price History

03/28/2025
CanopyMLS

CanopyMLS #4239290

Listed
$899,000
+56.02%
03/01/2022
CanopyMLS

CanopyMLS #3822258

Sold
$576,200
+44.05%
01/08/2021
CanopyMLS

CanopyMLS #3603609

Sold
$400,000

Schools & Community

Elementary school: 

Denton

Middle school: 

South Davidson

High school: 

South Davidson

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

$340,667
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$486,413
Cash to seller
$340,667

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

March 2022

Original loan amount

$518,500

Est. remaining balance

$486,413

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Courtney A Mccarthy and Patrick J Mccarthy

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?

Status: Active

Tomo last checked: 04/01/2025 at 4:10 PM

Listing updated: 03/28/2025 at 9:10 AM

Listed by: Radiah Cools-Lartigue, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4239290

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