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Terra Vista Realty
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
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SOLD DEC 14, 2021
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$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 (859 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
Parking: Attached, Basement, Garage - 3 Car
Year Built: 2003
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: 16 acres
Area Schools
9/10
Lake Norman Elementary School
Distance: 1.2 mi
9/10
Woodland Heights Middle School
Distance: 0.6 mi
9/10
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

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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See Sold Homes in Farmstead Estates
SOLD APR 3, 2024
Sold for $402/Sq Ft & 90% of list
183 cumulative days on market
$2,250,000 (sales price)
4 bed  ▪  7 full bath  ▪  5,593 SqFt
280 Farmstead Ln
Mooresville, NC 28117
Farmstead Estates
0.0 mi.

SOLD APR 13, 2023
Sold for $169/Sq Ft & 98% of list
136 cumulative days on market
$535,000 (sales price)
3 bed  ▪  2 full & 1 h. bath  ▪  3,157 SqFt
159 Farmstead Ln
Mooresville, NC 28117
Farmstead Estates
0.3 mi.

SOLD JUN 29, 2022
Sold for $190/Sq Ft & 106% of list
2 cumulative days on market
$370,000 (sales price)
3 bed  ▪  2 full bath  ▪  1,946 SqFt
115 Perennial Dr
Mooresville, NC 28117
Farmstead Estates
0.3 mi.


28117 ZIP Code Trends
28117 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28117 is the 66th most competitive area for buyers out of 66 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:

33
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 33 cumulative days on market in the 28117 area. Compare this with the Charlotte metro area median of 13 days on market.

16%
Of Recently Sold Homes
Over Asking Price
16% of previously owned 28117-area homes sold over the asking price (versus 28% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28117.

43%
of Available Homes
Are Under Contract
43% of previously owned 28117-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28117 Area Metro Area
1-year -<1% + 1%
3-year +30% +26%
5-year +74% +65%
7-year +84% +90%
The price per square foot of 28117-area re-sale homes has increased by approximately 74% over the past 5 years (versus a 65% increase for the entire Charlotte metro area). Homes have been selling at a median of $243 per square foot in 28117 over the past 90 days - as compared to $213 for the entire metro area.

33
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 33 cumulative days on market in the 28117 area. Compare this with the Charlotte metro area median of 13 days on market.

16%
Of Recently Sold Homes
Over Asking Price

16% of previously owned 28117-area homes sold over the asking price (versus 28% 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 -<1% + 1%
3-year +30% +26%
5-year +74% +65%
7-year +84% +90%

The price per square foot of 28117-area re-sale homes has increased by approximately 74% over the past 5 years (versus a 65% increase for the entire Charlotte metro area). Homes have been selling at a median of $243 per square foot in 28117 over the past 90 days - as compared to $213 for the entire metro area.

43%
of Available Homes
Are Under Contract

43% of previously owned 28117-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Sale Details
Sales Price: $1,500,000
Closed: Dec 14, 2021 (859 days ago)
List Price: $1,659,000
Sold for: 90% of list price
Cumulative Days on Market: 115
Price/Sq Ft: $268
Remarks
(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-in ...
Continue reading

General Info - MLS 3737860
Parking: Attached, Basement, Garage - 3 Car
Year Built: 2003
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mooresville / Iredell County
Lot Size: 16 acres

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

Area Schools
9/10
Lake Norman Elementary School
Distance: 1.2 mi
9/10
Woodland Heights Middle School
Distance: 0.6 mi
9/10
Lake Norman High School
Distance: 2.0 mi

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


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting an estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting an estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Farmstead Estates neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Williamsburg Estate, Regency Lake Village, and Sundown.



CDS Data Share Based on information submitted to the MLS GRID as of 04/21/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.