$425,000
SOLD AUG 21, 2025

1011 Three Lakes Trail Waxhaw, NC 28173

12.55 Acres
$33,865 Price per Acre
546,678 Sq Ft Lot

Recently Sold

4% Below List Price

210 Days on Market

Highlights

  • Wooded Lot
  • Riding Trail
  • Paved or Partially Paved Lot
  • Waxhaw Elementary School Rated A-
  • Trails

About This Lot

As of August 2025

Discover the perfect blend of privacy & natural beauty on Lot 1 in the prestigious Three Lakes Preserve community in Waxhaw. This 12.55-acre property offers an ideal setting for your dream home or second retreat, with a unique opportunity to build a second home on the 1.2-acre portion located across the street. The main property features a level landscape with open pasture and mature trees, providing both space & shade. Situated on a serene shared pond, this lot promises peaceful water views. Owner may choose to enter Lot 1 via Simpson Rd, a state maintained paved road, or via Three Lakes Trl, a private gravel drive. Bring your own builder & start living your dream of owning country property. This exclusive community offers hiking & riding trails & numerous ponds throughout the community. Whether you're building a primary residence, a second home, or both, the 2,500-SF minimum ensures quality homes. Create the life you’ve dreamed of in this tranquil setting! (Lot 2 available for sale).

Last Agent to Sell the Property

Lisa Giovanniello

Farms & Estates Realty Inc Brokerage Email: lisag2269@gmail.com License #200210 Listed on: 12/03/2024

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $816

Lot Details

  • Property fronts a private road
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Farm, Horses, Private Estate
  • Property is zoned RA40

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Waxhaw Elementary School
  • Parkwood Middle School
  • Parkwood High School

Horse Facilities and Amenities

  • Riding Trail

Utilities

  • Propane
  • Well Required
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-075-002-A

Community Details

Overview

  • Three Lakes Preserve Subdivision
  • Mandatory home owners association

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$816

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Building,Deed,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: See attached documentation for information regarding restrictions.
  • Road Frontage Type: County Road, Private Road
  • Road Surface Type: Gravel, Paved
  • Geocode Confidence: High
  • Attribution Contact: lisag2269@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Farm, Horses, Private Estate

Exterior Features

  • Other Structures: None
  • Foundation Details Proposed: Crawl Space,Slab

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Propane, Underground Power Lines
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Gated, Walking Trails, Other
  • Association Fee: 600
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 1200.00

Schools

  • Middle Or Junior School: Parkwood
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Paved, Pond(s), Wooded
  • Lot Size Area: 12.55
  • Lot Size Units: Acres
  • Parcel Number: 05-075-002-A
  • Can Be Subdivided: 0
  • Horse Amenities: Horses Allowed, Riding Trail
  • Lot Size: see survey
  • Zoning Specification: RA40

MLS Schools

  • Elementary School: Waxhaw
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Jul 31, 2025
Sold by
Geis Larry A and Geis Tammy T
Bought by
Ballard Larry Eugene and Ballard Jill Susan
Seller's Agent
Lisa Giovanniello
Farms & Estates Realty Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1175648.67%
Original Mortgage
$361,250
Outstanding Balance
$361,250
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$457,801
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Sold $425,000 -2.3% --
06/10/2025 06/10/25 Price Changed $435,000 -2.2% --
05/01/2025 05/01/25 For Sale $445,000 +4.7% --
04/30/2025 04/30/25 Off Market $425,000 -- --
03/13/2025 03/13/25 Price Changed $445,000 -4.3% --
12/03/2024 12/03/24 For Sale $465,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $816 $127,800 $127,800 $0
2023 $802 $127,800 $127,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Giovanniello

    Seller's Agent in 2025

    Lisa Giovanniello

    Farms & Estates Realty Inc

    (704) 264-4941

    73 Total Sales

    Lisa Giovanniello
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4204309

Canopy MLS (Canopy Realtor® Association)

APN: 05-075-002-A

North Carolina Union County Waxhaw 28173

1011 Three Lakes Trail, Waxhaw, NC

This home is located at 1011 Three Lakes Trail, Waxhaw, NC 28173 and is currently priced at $425,000. 1011 Three Lakes Trail is a home located in Union County with nearby schools including Waxhaw Elementary School, Parkwood Middle School, and Parkwood High School.

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