NOT LISTED FOR SALE

15506 Fishermans Rest Ct Unit 625, 624 Cornelius, NC 28031

Estimated Value: $3,257,177 - $3,445,000

1.12 Acres
$2,992,044 Price per Acre
48,787 Sq Ft Lot

Last Sold June 26, 2024

Last sale price $3,400,000

Est. 1% decrease in value since last sale

Current estimated payment $18,401/month

2 Days on Market

Highlights

  • Pier or Dock
  • Access To Lake
  • Wooded Lot
  • Bailey Middle School Rated A-
  • Waterfront
  • Recreation Facilities

About This Lot

As of June 2024

RARE, once in a lifetime opportunity to own the last two adjacent waterfront parcels in Cornelius's most coveted neighborhood, The Peninsula! This open channel point lot has spectacular Lake Norman views with over 373+ feet of shoreline, seawall, and riprap! Enjoy watching stunning sunsets, sailing regattas, boaters, and beautiful wildlife. The Peninsula offers an unparalleled premier lake and golf lifestyle community, convenient to The Peninsula Club, The Peninsula Yacht Club, I-77, Charlotte Douglas Airport, uptown, shopping, restaurants, and all Lake Norman water activities. Parcels can be combined into one building envelope or remain as two separate lots. See attachments for Williams Pipeline build requirements and driveway easement application, town setbacks and impervious information, and current survey. City water and sewer at street, tap fees required. Don't miss this incredible opportunity to build your dream estate on the most coveted lots in the neighborhood!!

Last Agent to Sell the Property

Christina Stone

Howard Hanna Allen Tate Lake Norman Brokerage Email: christina.stone@allentate.com License #300026 Listed on: 05/15/2024

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Lance Carlyle

Carlyle Properties License #201673

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Partially Fenced Property
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential
  • Property is zoned GR

HOA Fees

  • $239 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Cornelius Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Underground Utilities
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 001-811-36, 001-811-62

Community Details

Overview

  • Hawthorne Management Association, Phone Number (704) 377-0114
  • The Peninsula Subdivision
  • Mandatory home owners association

Recreation

  • Pier or Dock
  • Recreation Facilities
  • Community Playground
  • Access To Lake
  • Fire Pit

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$239 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: christina.stone@allentate.com
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Private Estate, Residential

Exterior Features

  • Exterior Features: Fire Pit
  • Fencing: Partial
  • View: Long Range, Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Public, Boat Slip – Community, Pier - Community

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Utilities: Underground Utilities
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

  • Community Features: Lake Access, Playground, Recreation Area, Sidewalks, Street Lights
  • Association Fee: 1431
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Hawthorne Management
  • Phone: 704-377-0114
  • ResoAssociationFeeFrequency: SemiAnnually
  • Association Email: kalexander@hawthornemgmt.com

Association/Amenities

  • Association Annual Expense: 2862.00

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 001-811-36, 001-811-62
  • Zoning: GR
  • Can Be Subdivided: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

  • Elementary School: Cornelius
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2025
Sold by
Kingswood Custom Homes Inc
Bought by
Schrader Harry and Schrader Cathy
Current Estimated Value
$3,351,089

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 26, 2024
Sold by
Opie Christopher P and Opie Brenda A
Bought by
2019 Mcafee Family Irrevocable Trust and Mcafee
Seller's Agent
Christina Stone
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Lance Carlyle
Carlyle Properties
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.99%

Purchase Details

Closed on
Nov 25, 2008
Sold by
Belk B V and Belk Harriet C
Bought by
Schottenheimer Martin E and Schottenheimer Patricia A

Purchase Details

Closed on
Oct 23, 2008
Sold by
Belk B V and Belk Harriet C
Bought by
Hagen David J and Hagen Veronica M

Purchase Details

Closed on
Apr 17, 2006
Sold by
Crossover Enterprises Llc
Bought by
Belk B

Purchase Details

Closed on
Mar 25, 2004
Sold by
Mecklenburg Holdings Corp
Bought by
Crossover Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2004
Sold by
First Preston Management Inc
Bought by
Mecklenburg Holding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Schrader Harry $1,100,000 Investors Title
Kingswood Custom Homes Inc $3,600,000 Investors Title
2019 Mcafee Family Irrevocable Trust $3,400,000 None Listed On Document
Schottenheimer Martin E $1,000,000 None Available
Hagen David J $800,000 None Available
Belk B $1,170,000 None Available
Crossover Enterprises Llc $890,000 --
Mecklenburg Holding Corp $654,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crossover Enterprises Llc $623,000
Previous Owner Mecklenburg Holding Corp $596,070
Closed Crossover Enterprises Llc $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $3,400,000 -2.9% --
06/01/2024 06/01/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $3,500,000 -- --
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
2025 $7,038 $1,072,500 $1,072,500 --
2024 $7,038 $1,072,500 $1,072,500 --
2023 $6,931 $1,072,500 $1,072,500 $0
2022 $7,541 $888,300 $888,300 $0
2021 $7,452 $888,300 $888,300 $0
2020 $7,452 $888,300 $888,300 $0
2019 $7,452 $992,800 $992,800 $0
2018 $9,165 $850,000 $850,000 $0
2017 $9,101 $850,000 $850,000 $0
2016 $9,101 $850,000 $850,000 $0
2015 $8,973 $850,000 $850,000 $0
2014 $8,973 $850,000 $850,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4140583

Canopy MLS (Canopy Realtor® Association)

APN: 001-811-36