280 Farmstead Lane

280 Farmstead Lane

$1,500,000 (sales price - Dec, 2021)

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Mooresville, NC 28117 ▪ (MLS # 3737860)

Primary on Main ▪ $268/Sq Ft

4 bed ▪ 4 full bath ▪ 5,593 Sq Ft

3-car garage ▪ Built: 2003

280 Farmstead Lane

$1,500,000 (sales price - Dec, 2021)

Mooresville, NC 28117 ▪ (MLS # 3737860)

Primary on Main

4 bed ▪ 4 full bath ▪ 5,593 Sq Ft

3-car garage ▪ Built: 2003

SOLD DEC 14, 2021

See all 29 photos

$1,500,000

(sales price)

4 bed ▪ 4 full bath ▪ 5,593 Sq Ft

280 Farmstead Lane

Mooresville, NC 28117 (MLS # 3737860)

16 acres ▪ Built: 2003 ▪ Primary Bedroom on Main

Subdivision: Farmstead Estates

Mooresville, NC / 28117

Sale Details

Sales Price: $1,500,000
Closed: Dec 14, 2021 (1,188 days ago)
List Price: $1,659,000

Sold for: 90% of list price
Cumulative Days on Market: 115
Price/Sq Ft: $268

Remarks - 280 Farmstead Lane

(from previous listing) NATURE LOVERS' DELIGHT! 16 ACRES of tranquility and solitude including an 8 acre private pond and a dock on LKN. Beautiful woods and flowering lots surround this gorgeous secluded home with its WIDE-OPEN FLOORPLAN. GOURMET KITCHEN has a huge walk-in pantry, numerous cabinets, and plenty of built-ins. Lrg Laundry Room with lengthy counters, numerous cabinets, and a Dog Wash. Lrg MBR & MBA with his & hers walk-ins and a Dressing Room. Front & back covered porches, screened porch, and balcony to ...
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General Info - MLS # 3737860

Master / Primary Bedroom: Main floor
3-car Garage: Attached, Basement, Garage - 3 Car
Year Built: 2003
Property Type: Single Family Home
Listing Status: Sold
Location: Mooresville / Iredell County
Lot Size: 16 acres

Area Schools

/10

Lake Norman Elementary School
Distance: 1.2 mi

/10

Woodland Heights Middle School
Distance: 0.6 mi

/10

Lake Norman High School
Distance: 2.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.

Neighborhood Info

Subdivision: Farmstead Estates

Listing History

12/14/2021: MLS Sold for $1,500,000 (Canopy MLS)
Cumulative Days on Market: 115
More details

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More Home Details

Layout

Basement Floor: Basement, Bonus Room, Mud, Play Room, Rec Room, Utility, Workshop
Main Floor: Bathroom, Computer Niche, Dining Area, Entry Hall, Foyer, Great Room-Two Story, Kitchen, Laundry, Primary Bedroom, Pantry (Total: 1 bedroom, 2 full bathrooms)
Upper Floor: Bathroom, Bedroom, Bed/Bonus, Office, Rec Room, Sewing (Total: 3 bedrooms, 2 full bathrooms)
Bedrooms: 4
Baths: 4 full

Total Heated Square Feet: 5,593
Heated Sq Ft Breakdown:

Basement: 1,000
Main: 2,478
Upper: 2,115

Garage Sq Ft: 809

Other Unheated Sq Ft:

Basement: 773

Exterior

Lot Size: 16 acres
Water Body: Lake Norman
Water Amenities: Dock, Paddlesport Launch Site, Dock
Lot Description: Lake On Property, Pond(s), Sloped, Wooded Lot, Views, Water View
Lot Dimensions: 8 Acres with 8 Acre Pond
Exterior Features: Fire Pit, In-Ground Irrigation
Siding: Stucco, Stone

Interior Features

Flooring: Bamboo, Carpet, Concrete, Sustainable, Tile, Wood
Appliances: Central Vacuum, Convection Oven, Gas Cooktop, Dishwasher, Double Oven, Down Draft, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Light Fixtures, Plumbed For Ice Maker, Microwave, Network Ready, Propane Cooktop, Refrigerator, Security System, Self Cleaning Oven, Surround Sound, Wall Oven

Other / Miscellaneous

Foundation: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Slab
Water: Filtration System, Well
Sewer: Septic Installed
Heating: Active Solar, Central, Fresh Air Ventilation, Geothermal, Passive Solar, Radiant Floor, Combustion Fireplace
Fireplace: None
Porch: Back, Balcony, Enclosed Patio, Front, Patio, Screened
Accessibility Features: Elevator, Hall Width 36 Inches or More

Map / Satellite View

See Sold Homes in Farmstead Estates

SOLD NOV 5, 2024

Sold for $258/Sq Ft & 97% of list
4 cumulative days on market

$875,000 (sales price)
4 bed ▪ 3 full & 1 h. bath ▪ 3,388 SqFt

135 Pondhaven Cir

Mooresville, NC 28117

Farmstead

0.1 mi.

SOLD JUL 3, 2024

Sold for $171/Sq Ft & 91% of list
61 cumulative days on market

$662,500 (sales price)
3 bed ▪ 2 full & 1 h. bath ▪ 3,872 SqFt

232 Farmstead Ln

Mooresville, NC 28117

Farmstead Estates

0.2 mi.

SOLD APR 26, 2024

Sold for $245/Sq Ft & 91% of list
2 cumulative days on market

$400,000 (sales price)
3 bed ▪ 2 full bath ▪ 1,630 SqFt

126 Perennial Dr

Mooresville, NC 28117

Farmstead Estates

0.3 mi.

More Recently Sold Homes in Farmstead Estates

Neighborhood Summary (single family)
Farmstead Estates

Sales in:

Median $ / Sq Ft (single family)
Farmstead Estates

28117 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

#51

most competitive out of 63 ZIP Codes

In our ZIP Code Analysis (updated daily), we found that 28117 is the 51st most competitive area for buyers out of 63 ZIP codes analyzed in the Charlotte metro area.

In the 28117 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

37
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 37 cumulative days on market in the 28117 area. Compare this with the Charlotte metro area median of 33 days on market.

9%
Of Recently Sold Homes
Over Asking Price

9% of previously owned 28117-area homes sold over the asking price (versus 17% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28117.

32%
of Available Homes
Are Under Contract

32% of previously owned 28117-area homes are under contract – compared with 38% of all homes in the Charlotte metro area.

28117 Median Home Prices

$765k		Median Single Family Price*

$395k		Median Condo / Townhouse Price*

*Based on the last previous 90 days of home sales in the Canopy MLS. Previously owned homes only.

Price Per Square Foot Change
Period	28117 Area	Metro Area

1-year	- 3%	- 2%
3-year	+12%	+ 4%
5-year	+70%	+59%
7-year	+77%	+77%

The price per square foot of 28117-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 59% increase for the entire Charlotte metro area). Homes have been selling at a median of $251 per square foot in 28117 over the past 90 days - as compared to $214 for the entire metro area. The numbers cited are based on the price per heated square foot for single family, townhomes, and condos combined.

38
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 38 cumulative days on market in the 28117 area. Compare this with the Charlotte metro area median of 33 days on market.

9%
Of Recently Sold Homes
Over Asking Price

9% of previously owned 28117-area homes sold over the asking price (versus 17% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28117.

Price Per Square Foot Change
Period	28117 Area	Metro Area

1-year	- 3%	- 2%
3-year	+12%	+ 4%
5-year	+70%	+59%
7-year	+77%	+77%

32%
of Available Homes
Are Under Contract

32% of previously owned 28117-area homes are under contract – compared with 38% of all homes in the Charlotte metro area.

Sale Details

Sales Price: $1,500,000
Closed: Dec 14, 2021 (1,188 days ago)
List Price: $1,659,000
Sold for: 90% of list price
Cumulative Days on Market: 115
Price/Sq Ft: $268

Remarks

General Info - MLS 3737860