20124 Bascom Ridge Dr Cornelius, NC 28031
Cornelius AreaEstimated payment $24,357/month
Highlights
- Boat Lift
- Boat Slip
- Waterfront
- Bailey Middle School Rated A-
- RV or Boat Storage in Community
- 0.62 Acre Lot
About This Home
Welcome to an extraordinary Mediterranean-inspired waterfront estate where timeless architecture meets luxury lakefront living. Perfectly positioned to capture breathtaking sunset views across the water, this exceptional residence offers nearly 9,800 square feet of thoughtfully designed living space with every detail curated for comfort, entertaining, and everyday elegance.
A grand two-story foyer with custom iron doors and Brazilian cherry staircase sets the tone for the home's impressive interior. The expansive great room showcases soaring ceilings, a dramatic wall of windows framing panoramic lake views, and seamless access to outdoor living spaces. The gourmet chef's kitchen is appointed with rare Labrador Blue granite countertops, premium Thermador and GE appliances, a spacious island, warming drawer, and inviting gathering spaces designed for hosting family and friends. The adjoining bar features a stunning backlit onyx countertop, creating a true showpiece for entertaining.
The luxurious main-level primary suite is a private retreat with tranquil water views, a fireplace, private deck access, a spa-inspired bath, and an oversized custom walk-in closet. An elevator provides convenient access to all three levels of the home. Two stunning staircases lead to the second floor, where you'll find a beautiful executive office overlooking the water, a private secondary office ideal for working from home, and three spacious bedrooms, each featuring its own private en-suite bath. A versatile flex space tucked off the rear staircase provides the perfect setting for a media room, children's playroom, or additional lounge area, offering flexibility to fit your lifestyle.
Designed for both relaxation and recreation, the walk-out lower level offers an impressive second living area complete with a second kitchen, wine cellar and tasting room, theater, fitness room, guest suite, and direct access to the patio and waterfront. Whether hosting large gatherings or enjoying quiet evenings at home, every space embraces the beauty of lakeside living.
Outside, enjoy beautifully landscaped grounds, expansive decks and covered patios, a private boardwalk leading to a floating dock with boat lift, accommodations for multiple jet skis, and Wi-Fi extending all the way to the dock. Additional highlights include four HVAC systems, a tile roof, three garages, circular drive with fountain, security system, and whole-home EERO mesh Wi-Fi coverage.
This one-of-a-kind Lake Norman waterfront estate delivers an unparalleled lifestyle where luxury, craftsmanship, and spectacular waterfront views come together to create an unforgettable place to call home. The seller had an independent appraisal completed, which valued the home at $4.058 million.
Listing Agent
EXP Realty LLC Ballantyne Brokerage Phone: 704-529-9150 License #271737 Listed on: 08/15/2026
Co-Listing Agent
EXP Realty LLC Ballantyne Brokerage Phone: 704-529-9150 License #233906
Home Details
Home Type
- Single Family
Year Built
- Built in 2005
Lot Details
- 27,007 Sq Ft Lot
- Waterfront
- Cul-De-Sac
- Back Yard Fenced
- Irrigation
- Property is zoned GR
HOA Fees
- $100 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Front Facing Garage
- Circular Driveway
- 3 Open Parking Spaces
Home Design
- Mediterranean Architecture
- Tile Roof
- Stucco
Interior Spaces
- 2-Story Property
- Sound System
- Built-In Features
- Bar Fridge
- Ceiling Fan
- Gas Log Fireplace
- Insulated Windows
- Window Treatments
- Insulated Doors
- Mud Room
- Entrance Foyer
- Great Room with Fireplace
- Living Room with Fireplace
- Screened Porch
- Storage
- Water Views
- Walk-In Attic
Kitchen
- Walk-In Pantry
- Built-In Self-Cleaning Double Oven
- Gas Oven
- Gas Range
- Range Hood
- Warming Drawer
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
- Stone
- Marble
- Tile
- Slate Flooring
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Split Bedroom Floorplan
- Walk-In Closet
- Garden Bath
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Workshop
- Basement Storage
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Boat Lift
- Boat Slip
- Deck
- Patio
Schools
- Cornelius Elementary School
- Bailey Middle School
- William Amos Hough High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Gas Water Heater
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- ENERGY STAR Qualified Equipment
Listing and Financial Details
- Assessor Parcel Number 001-762-20
Community Details
Overview
- Howthorne Association, Phone Number (704) 377-0114
- Crown Harbor Subdivision
- Mandatory home owners association
Recreation
- RV or Boat Storage in Community
- Community Pool
Additional Features
- Clubhouse
- Card or Code Access
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- | $2,901,300 | $750,000 | $2,151,300 |
| 2024 | -- | $2,901,300 | $750,000 | $2,151,300 |
| 2023 | $20,077 | $2,901,300 | $750,000 | $2,151,300 |
| 2022 | $20,077 | $2,393,200 | $600,000 | $1,793,200 |
| 2021 | $20,077 | $2,393,200 | $600,000 | $1,793,200 |
| 2020 | $19,587 | $2,330,100 | $600,000 | $1,730,100 |
| 2019 | $19,581 | $2,737,000 | $600,000 | $2,137,000 |
| 2018 | $21,694 | $2,009,500 | $315,000 | $1,694,500 |
| 2017 | $21,540 | $2,009,500 | $315,000 | $1,694,500 |
| 2016 | $21,536 | $2,009,500 | $315,000 | $1,694,500 |
| 2015 | $21,231 | $2,009,500 | $315,000 | $1,694,500 |
| 2014 | $21,229 | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/14/2026 09/14/26 | Price Changed | $3,650,000 | -2.7% | $375 / Sq Ft | |
| 09/01/2026 09/01/26 | Price Changed | $3,750,000 | -3.8% | $386 / Sq Ft | |
| 08/15/2026 08/15/26 | For Sale | $3,900,000 | +51.5% | $401 / Sq Ft | |
| 08/26/2020 08/26/20 | Sold | $2,575,000 | -7.7% | $265 / Sq Ft | View Prior Sale |
| 07/24/2020 07/24/20 | Pending | -- | -- | -- | |
| 07/03/2020 07/03/20 | For Sale | $2,789,000 | -- | $287 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Setzer Zachary B | |
| Warranty Deed | $2,575,000 | None Available | |
| Warranty Deed | $242,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $761,350 | Unknown |
Source: Canopy MLS
MLS Number: 4408389
APN: 001-762-20
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
- 21024 Norman Shores Dr
- 21024 Norman Shores Dr
- 907 Southwest Dr Unit 7
- 932 Southwest Dr Unit 32
- 21300 Blakely Shores Dr
- 930 Southwest Dr Unit 30
- 1332 Torrence Cir
- 1113 Torrence Cir Unit 61
- 845 Southwest Dr Unit 45
- 21415 John Pines Dr
- 712 Southwest Dr Unit 12
- 20345 Harroway Dr
- 763 Southwest Dr Unit 14
- 797 Peninsula Dr Unit 45
- 21717 Shoveller Ct
- 719 Southwest Dr Unit 19
- 757 Southwest Dr Unit 8
- 756 Southwest Dr Unit 7
- 605 Portside Dr
- 18418 Torrence Chapel Estates Cir
- 913 Southwest Dr
- 928 Southwest Dr
- 1339 Torrence Cir
- 1205 Torrence Cir
- 1313 Torrence Cir Unit 14
- 820 Southwest Dr Unit 20
- 820 Southwest Dr
- 1105 Torrence Cir
- 767 Southwest Dr Unit 18
- 726 Southwest Dr Unit 26
- 20264 Harroway Dr
- 646 Portside Dr
- 646 Portside Dr
- 455 Davidson Gateway Dr
- 611 Old Meeting Way
- 218 Northwest Dr Unit 27
- 605 Jetton St
- 20705 Sterling Bay Ln E
- 514 Jetton St Unit 514
- 363 Northwest Dr Unit 63
Ask me questions while you tour the home.