Seller's Agent in 2023
Marzia Mazzotti
Premier Sotheby's International Realty
(704) 497-6599
62 Total Sales
17605 Spinnakers Reach Dr Cornelius, NC 28031
Estimated Value: $3,325,000 - $3,996,000
4
Beds
4.5
Baths
4,210
Sq Ft
$869/Sq Ft
Est. Value
Highlights
- Pier
- Golf Course Community
- Fitness Center
- Bailey Middle School Rated A-
- Boat Slip
- In Ground Pool
About This Home
As of April 2023Perfectly positioned on a rare and most desirable lakefront point lot with meticulously manicured grounds, this iconic masterpiece includes 175 feet of pristine lake frontage and panoramic views on Lake Norman. Rebuilt to redefine elegance and one-of-a-kind luxury living and inspired by lakeside views and the relaxed lifestyle offered in the Peninsula. Designed with comfort in mind, refined rustic architectural details provide an organic contrast to the contemporary touches creating the perfect blend of coastal modern and serene relaxation. A wall of expansive windows perfectly captures the beauty of the lake, 4 en suite bedrooms, a chef's dream kitchen, and a wine cellar enrich the luxe hosting and comfortable living. The ultimate in outdoor experience awaits with a cabana, salt water pool, and private boat dock for endless fun. From vivid sunsets to colorful sailing regattas and a dreamy setting for relaxing and entertaining, this home is meant to be enjoyed for generations to come
Last Agent to Sell the Property
Premier Sotheby's International Realty License #247525 Listed on: 01/27/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1993
Lot Details
- 0.4 Acre Lot
- Waterfront
- Cul-De-Sac
- Fenced
- Level Lot
- Irrigation
- Property is zoned GR
HOA Fees
- $119 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Open Floorplan
- Central Vacuum
- Sound System
- Wired For Data
- Built-In Features
- Bar Fridge
- Ceiling Fan
- Mud Room
- Entrance Foyer
- Great Room with Fireplace
- Wood Flooring
- Water Views
- Crawl Space
- Home Security System
Kitchen
- Induction Cooktop
- Warming Drawer
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Pier
- Personal Watercraft Lift
- Boat Slip
- Balcony
- Deck
- Enclosed Glass Porch
- Terrace
- Fire Pit
Schools
- Cornelius Elementary School
- Bailey Middle School
- William Amos Hough High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Floor Furnace
- Heat Pump System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Private Sewer
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 001-681-24
Community Details
Overview
- Hawthorne Management Association, Phone Number (704) 377-0114
- The Peninsula Subdivision
- Mandatory home owners association
Amenities
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2023
Closed on
Mar 29, 2023
Sold by
Larson Robert and Larson Louann
Bought by
Mm Home Nc Llc
Seller's Agent
Marzia Mazzotti
Premier Sotheby's International Realty
Buyer's Agent
Flint Foley
EXP Realty LLC Ballantyne
List Price
$4,000,000
Sold Price
$3,800,000
Premium/Discount to List
-$200,000
-5%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,676
Avg. Annual Appreciation
-2.10%
Purchase Details
Listed on
Oct 26, 2018
Closed on
Jan 25, 2019
Sold by
Cherry John R and Cherry June B
Bought by
Larson Robert and Larson Louann
Seller's Agent
Caleb Smith
Keller Williams South Park
Buyer's Agent
Marzia Mazzotti
Premier Sotheby's International Realty
List Price
$1,550,000
Sold Price
$1,415,000
Premium/Discount to List
-$135,000
-8.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.66%
Original Mortgage
$1,202,750
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 9, 2007
Sold by
Mullins Jeffry W and Mullins Carolyn Lee
Bought by
Cherry John R and Cherry June B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,207,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 2, 2002
Sold by
Mckinney George Terry and Mckinney Karen Faulk
Bought by
Mullins Jeffry W and Mullins Carolyn Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.62%
Mortgage Type
Balloon
Purchase Details
Closed on
Jul 5, 2000
Sold by
Barbour Scott G and Barbour Amiee K
Bought by
Mckinney George Terry and Mckinney Karen Faulk
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 15, 1999
Sold by
Hilker Robert R and Hilker Juanita C
Bought by
Barbour Scott G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 1998
Sold by
Thomason Tommy
Bought by
Hilker Robert R and Hilker Juanita C
Purchase Details
Closed on
Aug 7, 1998
Sold by
Hilker Robert R and Hilker Juanita C
Bought by
Thomason Tommy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mm Home Nc Llc | $3,800,000 | Nh Title | |
| Larson Robert | $1,415,000 | None Available | |
| Cherry John R | $1,725,000 | None Available | |
| Mullins Jeffry W | $975,000 | -- | |
| Mckinney George Terry | $920,000 | -- | |
| Barbour Scott G | $900,000 | -- | |
| Hilker Robert R | -- | -- | |
| Thomason Tommy | $995,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Larson Robert | $1,202,750 | |
| Previous Owner | Cherry John R | $1,207,500 | |
| Previous Owner | Mullins Jeffry | $375,000 | |
| Previous Owner | Mullins Jeffry W | $300,700 | |
| Previous Owner | Mckinney George Terry | $741,500 | |
| Previous Owner | Mckinney George Terry | $740,000 | |
| Previous Owner | Barbour Scott G | $250,000 | |
| Previous Owner | Barbour Scott G | $650,000 | |
| Closed | Barbour Scott G | $115,000 | |
| Closed | Mckinney George Terry | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2023 04/03/23 | Sold | $3,800,000 | -5.0% | $903 / Sq Ft |
| 02/13/2023 02/13/23 | Pending | -- | -- | -- |
| 01/27/2023 01/27/23 | For Sale | $4,000,000 | +182.7% | $950 / Sq Ft |
| 01/29/2019 01/29/19 | Sold | $1,415,000 | -5.6% | $337 / Sq Ft |
| 12/12/2018 12/12/18 | Pending | -- | -- | -- |
| 11/27/2018 11/27/18 | Price Changed | $1,499,000 | -3.3% | $357 / Sq Ft |
| 10/26/2018 10/26/18 | For Sale | $1,550,000 | -- | $369 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | -- | $2,510,100 | $1,300,000 | $1,210,100 |
| 2023 | $14,525 | $2,240,900 | $1,300,000 | $940,900 |
| 2022 | $12,176 | $1,429,700 | $950,000 | $479,700 |
| 2021 | $12,033 | $1,429,700 | $950,000 | $479,700 |
| 2020 | $11,932 | $1,417,600 | $950,000 | $467,600 |
| 2019 | $11,926 | $1,461,700 | $950,000 | $511,700 |
| 2018 | $14,204 | $1,314,800 | $900,000 | $414,800 |
| 2017 | $14,102 | $1,314,800 | $900,000 | $414,800 |
| 2016 | $14,098 | $1,314,800 | $900,000 | $414,800 |
| 2015 | $13,897 | $1,314,800 | $900,000 | $414,800 |
| 2014 | $13,895 | $1,314,800 | $900,000 | $414,800 |
Source: Public Records
Agents Affiliated with this Home
-
Marzia Mazzotti
-
Flint Foley
Buyer's Agent in 2023
Flint Foley
EXP Realty LLC Ballantyne
(704) 608-4560
82 Total Sales
-
C
Seller's Agent in 2019
Caleb Smith
Keller Williams South Park
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3937986
APN: 001-681-24
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