197 Pearl Bay Dr New London, NC 28127
Estimated payment $426/month
About This Lot
Welcome to the calm waters of Badin Lake! This beautiful wooded lakefront property is located on a quiet cove and at almost an acre is suited for your get away home with privacy. It is close to cluster/communal pier to give owners lake access. Property offers amazing lake views but the limited footage of lakefront on the property won't allow a private pier. The gorgeous Heron Bay community offers a clubhouse with boat ramp as well as multiple access locations for boats around the neighborhood. Optional boat storage opportunities are available for lease. This pristine gated community offers a serene environment to where you can build your dream lake home! Heron Bay is about an hour drive from Charlotte, Winston-Salem and Greensboro. The property has an expired perc test with Montgomery County Environmental Health. They are currently converting those records to digital so they may not be available at this time. Agent has information on costs and time frame for new tests.
Property Details
Property Type
- Land
Est. Annual Taxes
- $526
Lot Details
- 0.94 Acre Lot
- Lot Dimensions are 230 x 257 x 94 x 255
- Lake Front
- Property is zoned Res1
HOA Fees
- $74 Monthly HOA Fees
Additional Features
- Lake Views
- Sewer Not Available
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 666208888923
- 1% Total Tax Rate
Community Details
Overview
- Heron Bay Subdivision
Recreation
- No Wake Zone
- Lake On Lot
Map
Home Values in the Area
Average Home Value in this Area
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 | $526 | $76,774 | $76,774 | $0 |
| 2024 | $526 | $76,774 | $76,774 | $0 |
| 2023 | $526 | $76,774 | $76,774 | $0 |
| 2022 | $526 | $76,774 | $76,774 | $0 |
| 2021 | $514 | $76,774 | $76,774 | $0 |
| 2020 | $514 | $76,774 | $76,774 | $0 |
| 2018 | $429 | $63,500 | $63,500 | $0 |
| 2017 | $429 | $63,500 | $63,500 | $0 |
| 2016 | $429 | $63,500 | $63,500 | $0 |
| 2015 | $400 | $63,500 | $0 | $0 |
| 2014 | $400 | $63,450 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Price Changed | $57,000 | -5.0% | -- |
| 06/24/2025 06/24/25 | Price Changed | $60,000 | -7.7% | -- |
| 09/24/2024 09/24/24 | Price Changed | $65,000 | -7.0% | -- |
| 06/27/2024 06/27/24 | For Sale | $69,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | -- |
Source: Triad MLS
MLS Number: 1147210
APN: 6662-08-88-8923
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