NOT LISTED FOR SALE

16716 Belle Isle Dr Cornelius, NC 28031

Estimated Value: $5,357,000 - $11,114,088

5 Beds
8 Baths
7,209 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $11,500,000 $1,595 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $48,630/month

43 Days on Market

Highlights

  • Pier
  • Boat Lift
  • Sauna
  • Bailey Middle School Rated A-
  • In Ground Pool
  • Waterfront

About This Home

As of July 2024

This architectural marvel truly epitomizes luxury living, is meticulously crafted and stands as a testament to refined elegance and sophisticated design. Situated on a sprawling 1.44-acres, with its stunning 365 feet of shoreline and sandy beach, this home seamlessly blends indoor and outdoor spaces with floor to ceiling windows and retractable doors to further enhance breathtaking water views from the front and back of the home. Amenities including a gated entry, Control4 automation, and an artistically designed glass wine cellar. A guest casita and lanai with retractable screens provide the perfect spot for outdoor relaxation but the true highlight lies with outdoor kitchen, infinity pool, and a large outdoor living area with panoramic views adding to the property's allure as a rare gem. Every detail has been meticulously curated for the discerning buyer. Whether you're seeking tranquility, sophistication, or simply the finest in luxury living, this property delivers on every front.

Last Agent to Sell the Property

Lori Ivester Jackson

Ivester Jackson Properties Brokerage Email: lori@ivesterjackson.com License #78488 Listed on: 04/27/2024

Last Buyer's Agent

Nicole Leininger

Ivester Jackson Distinctive Properties License #279887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,091

Year Built

  • Built in 2020

Lot Details

  • Waterfront
  • Back Yard Fenced
  • Irrigation
  • Property is zoned GR

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Screened Porch
  • Sauna
  • Water Views
  • Crawl Space
  • Home Security System

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Washer Hookup

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Pier
  • Personal Watercraft Lift
  • Boat Lift
  • Balcony
  • Fireplace in Patio
  • Patio
  • Outdoor Kitchen
  • Fire Pit

Additional Homes

  • Separate Entry Quarters

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001-312-27

Community Details

Overview

  • Built by Ted Thompson, Thompson CBG

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,091

Year Built

Built in 2020

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2020
  • Second Living Quarters: Exterior Connected,Main Level,Room w/ Private Bath,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 1595.23
  • Geocode Confidence: High
  • Attribution Contact: lori@ivesterjackson.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Walk In, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Sauna, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4534
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2675
  • Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Exhaust Hood, Gas Cooktop, Gas Range, Microwave, Oven, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Above Grade Finished Sq Ft: 7209
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Fireplace Features: Fire Pit, Gas, Gas Log, Living Room, Porch, Primary Bedroom
  • Living Area: 7209
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 9

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, In-Ground Irrigation, Outdoor Kitchen, In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • View: Long Range, Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Boat Lift, Paddlesport Launch Site, Personal Watercraft Lift, Pier
  • Construction Type: Hard Stucco
  • Patio And Porch Features: Balcony, Covered, Patio, Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 1168
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level, Sink, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: None

Lot Info

  • Lot Features: Views, Waterfront
  • Lot Size Area: 1.44
  • Lot Size Units: Acres
  • Parcel Number: 001-312-27
  • Zoning: GR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Ted Thompson, Thompson CBG

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
Aug 9, 2024
Sold by
Lineberry Charles Addison and Lineberry Ashleigh
Bought by
Lineberry Charles Addison and Lineberry Ashleigh
Seller's Agent
Lori Ivester Jackson
Ivester Jackson Properties
Buyer's Agent
Nicole Leininger
Ivester Jackson Distinctive Properties
List Price
$12,000,000
Sold Price
$11,500,000
Premium/Discount to List
-$500,000
-4.17%
Views
2389
Current Estimated Value
$8,215,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,284,637
Avg. Annual Appreciation
-28.09%
Original Mortgage
$5,000,000
Outstanding Balance
$4,966,208
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$3,249,155

Purchase Details

Listed on
Apr 27, 2024
Closed on
Jul 29, 2024
Sold by
Bennett Christopher C and Bennett Julie N
Bought by
Lineberry Charleston Addison
Seller's Agent
Lori Ivester Jackson
Ivester Jackson Properties
Buyer's Agent
Nicole Leininger
Ivester Jackson Distinctive Properties
List Price
$12,000,000
Sold Price
$11,500,000
Premium/Discount to List
-$500,000
-4.17%
Views
2389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,966,208
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$3,249,155

Purchase Details

Closed on
Jun 3, 2020
Sold by
Bennett Christopher C and Ccb Revocable Trust
Bought by
Bennett Christopher C and Bennett Julie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.2%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
Lineberry Charles Addison -- None Listed On Document
Lineberry Charleston Addison $11,500,000 None Listed On Document
Bennett Christopher C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lineberry Charleston Addison $5,000,000
Previous Owner Bennett Christopher C $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $11,500,000 -4.2% $1,595 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $12,000,000 -- $1,665 / Sq Ft
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
2023 $39,091 $6,042,500 $3,150,000 $2,892,500
2022 $35,273 $4,150,500 $2,400,000 $1,750,500
2021 $34,858 $4,150,500 $2,400,000 $1,750,500
2020 $25,751 $2,498,100 $2,400,000 $98,100
2019 $21,712 $2,636,400 $2,400,000 $236,400
2018 $13,558 $1,231,400 $1,050,000 $181,400
2017 $13,209 $1,231,400 $1,050,000 $181,400
2016 $13,068 $1,218,600 $1,050,000 $168,600
2015 $12,899 $1,218,600 $1,050,000 $168,600
2014 $12,895 $1,218,600 $1,050,000 $45,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4129916

Canopy MLS (Canopy Realtor® Association)

APN: 001-312-27