$2,490,000
$210K PRICE DROP

305 Mallard Dr New London, NC 28127

Estimated payment $14,265/month

Total Views 4,358
4 Beds
6.5 Baths
10,144 Sq Ft
$245 Price per Sq Ft

Highlights

  • Boat Lift
  • Heated Indoor Pool
  • Waterfront
  • Access To Lake
  • Sauna
  • Open Floorplan

About This Home

Welcome to Badin Lake where luxury lake living also brings a golfers paradise with plenty of entertainment in this 10,144 square foot waterfront home. Nestled on the pristine shores of Badin Lake with over 200 feet of private shoreline, this premier waterfront retreat offers captivating lake views and effortless lake living. Just steps from the renowned Old North State Club, ranked among Golf Digest’s top courses, the property features a lighted dock with a boat lift and three Jet Ski lifts. An exceptional indoor pool retreat awaits with travertine floors, cedar storage, dry sauna, stone fireplace, and hot tub, designed for year-round enjoyment in a peaceful setting. Four A/C units were replaced in 2020 and this house has numerous features including a Sonos Sound System and HikVision security system. Please see that attached features list for more details. The home is located in the gated community of Heron Bay.

Listing Agent

Kathryn Berry

Ivester Jackson Distinctive Properties Brokerage Email: Kathryn@Ivesterjackson.com License #202642 Listed on: 07/11/2025

Co-Listing Agent

Bryn Rose

Ivester Jackson Properties Brokerage Email: Kathryn@Ivesterjackson.com License #355069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,316

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 356x24x365x71x114x32
  • Waterfront
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Sound System
  • Built-In Features
  • Ceiling Fan
  • Propane Fireplace
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Recreation Room with Fireplace
  • Sauna
  • Water Views
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Pool

  • Heated Indoor Pool
  • Heated Pool and Spa
  • Heated In Ground Pool

Outdoor Features

  • Access To Lake
  • Personal Watercraft Lift
  • Boat Lift
  • Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Air Filtration System
  • Vented Exhaust Fan
  • Power Generator
  • Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6662-07-68-1108

Community Details

Overview

  • Heron Bay Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,316

Year Built

Built in 2007

Lot Details

0

HOA Fees

$87 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Restrictions: Short Term Rental Allowed,Signage,Subdivision
  • Special Assessment Yn: 1
  • Special Assessment Description: Road Completion $500 for 3 more years
  • Road Surface Type: Brick, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 245.47
  • Geocode Confidence: High
  • Attribution Contact: Kathryn@Ivesterjackson.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Terrazzo, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Central Vacuum, Entrance Foyer, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Sauna, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4162
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1820
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Exhaust Fan, Exhaust Hood, Filtration System, Freezer, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Refrigerator with Ice Maker, Self Cleaning Oven, Washer/Dryer, Wine Refrigerator
  • Other Equipment: Fuel Tank(s), Generator, Surround Sound
  • Above Grade Finished Sq Ft: 5982
  • Has Basement: Exterior Entry, Finished, Full, Walk-Out Access, Other
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 4162
  • Door Features: French Doors
  • Fireplace Features: Gas Log, Living Room, Outside, Porch, Primary Bedroom, Propane, Recreation Room, Other - See Remarks
  • Living Area: 10144
  • Bedroom Main: 3
  • Room Count: 17
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Pool Features: Heated, In Ground, Indoor, Pool/Spa Combo
  • View: Water, Year Round
  • Water Body Name: Badin Lake
  • Waterfront Features: Boat Lift, Dock, Personal Watercraft Lift, None
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Garage Shop

Utilities

  • Heating: Central, Forced Air
  • Sewer: Septic Installed
  • Laundry Features: Inside, Laundry Room, Main Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Central Air, Dual
  • Utilities: Electricity Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Boat Storage, Clubhouse, Gated, Lake Access, Picnic Area, RV Storage, Street Lights, Walking Trails
  • Association Fee: 1046
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 1046.00

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Wooded, Waterfront
  • Lot Size Area: 0.9
  • Lot Size Units: Acres
  • Parcel Number: 6662-07-68-1108
  • Lot Size: 356x24x365x71x114x32
  • Additional Parcels: No
  • Zoning Specification: SFR

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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
2024 $7,316 $1,015,575 $175,500 $840,075
2023 -- $1,015,575 $175,500 $840,075
2022 $0 $1,015,575 $175,500 $840,075
2021 $6,804 $1,015,575 $175,500 $840,075
2020 $6,804 $1,015,575 $175,500 $840,075
2018 $8,748 $1,296,000 $168,750 $1,127,250
2017 $8,748 $1,296,000 $168,750 $1,127,250
2016 $8,748 $1,296,000 $168,750 $1,127,250
2015 $8,165 $1,296,000 $0 $0
2014 $8,165 $1,296,040 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $2,490,000 -7.8% $245 / Sq Ft
07/11/2025 07/11/25 For Sale $2,700,000 -- $266 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 Credit Line Revolving
Source: Public Records

Similar Home in New London, NC

  • 590 Tuckertown Rd, New London, NC 28127

    $2,495,000

    • 4 Beds
    • 7 Baths
    • 9,020 Sq Ft
    • 590 Tuckertown Rd
    • New London, NC

    Wow! Exclusive Opportunity to own The Tuckertown Estate with choice of your 50 acres! Buyer now has the opportunity to draw lot lines and enjoy this exquisite private property. With 9000sqft+, this custom built home overlooks the National Forest w/ a breathtaking view of Tuckertown Reservoir. Bring your UTVs & your toys and explore the endless trails and features amongst your land. Home features

    Cristina Grossu Leisurely Real Estate

    Section Image

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4278141

Canopy MLS (Canopy Realtor® Association)

APN: 6662-07-68-1108