$1,350,000
NEW CONSTRUCTION $100K PRICE DROP

3830 Mill Run Terrell, NC 28682

Estimated payment $7,355/month

Total Views 19,800
4 Beds
3.5 Baths
3,997 Sq Ft
$338 Price per Sq Ft

Highlights

  • Pier
  • New Construction
  • Open Floorplan
  • Sherrills Ford Elementary School Rated A-
  • Waterfront
  • Private Lot

About This Home

Custom, New Construction, Waterfront home situated on nearly an acre in an established neighborhood, on coveted Lake Norman! Nestled on a lush, private lot with rip rap shoreline, this property offers a peaceful cove setting with convenient access to the main channel. Thoughtfully designed with custom finishes throughout, the home blends elegance and comfort while showcasing beautiful lake views from the grand entry with soaring ceilings. The gourmet kitchen features quartz countertops, an oversized island, stainless steel appliances, pot filler, tile backsplash, custom lighting, a walk-in pantry with built-in shelving, and a bright breakfast area. A formal dining room and impressive great room highlight dramatic two-story ceilings, creating an inviting space for entertaining. The main-level owner’s retreat includes a luxurious private bath, expansive walk-in closet with custom shelving, and access to a spacious covered deck—perfect for enjoying peaceful lake sunsets. The upper level offers three additional bedrooms, including a generously sized fourth bedroom that can also function as a bonus room or additional living space. An expansive covered deck provides the ideal setting to relax and take in the natural beauty and tranquility of this exceptional lakefront property.

Listing Agent

Matt Sarver

Keller Williams Lake Norman Brokerage Email: Matt@TheSarverGroup.com License #234447 Listed on: 03/06/2026

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 37,462 Sq Ft Lot
  • Waterfront
  • Back Yard Fenced
  • Private Lot
  • Wooded Lot
  • Property is zoned R-30

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Storage
  • Laundry Room
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Pier
  • Covered Patio or Porch

Schools

  • Sherrills Ford Elementary School
  • Mill Creek Middle School
  • Bandys High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Community Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Riverwood Association, Phone Number (704) 255-1266
  • Built by Rivus Construction
  • Riverwood Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4617047467220000

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0.86 Acres

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2025
  • Restrictions Description: No Short Term Rental Allowed.
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 337.75
  • Geocode Confidence: High
  • Attribution Contact: Matt@TheSarverGroup.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Entrance Foyer, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2283
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1714
  • Appliances: Bar Fridge, Dishwasher, Disposal, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Plumbed For Ice Maker, Refrigerator with Ice Maker, Self Cleaning Oven, Wall Oven
  • Above Grade Finished Sq Ft: 3997
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s)
  • Living Area: 3997
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1

Exterior Features

  • New Construction: Yes
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Wood
  • Pool Private: No
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Pier
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Electricity Connected
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Riverwood Association
  • Phone: 704-255-1266
  • Association: Yes
  • Association Email: kelly@mainstreetmanagers.com

Association/Amenities

  • Association Annual Expense: 250.00

Schools

  • Middle Or Junior School: Mill Creek
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 4617047467220000
  • Development Status: Completed
  • Lot Size Acres: 0.86
  • Additional Parcels: No
  • Zoning Specification: R-30

Building Info

  • Builder Name: Rivus Construction

MLS Schools

  • Elementary School: Sherrills Ford
  • High School: Bandys

Map

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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
2025 $1,518 $1,423,200 $308,200 $1,115,000
2024 $1,518 $308,200 $308,200 $0
2023 $1,487 $250,400 $250,400 $0
2022 $1,765 $250,400 $250,400 $0
2021 $1,765 $250,400 $250,400 $0
2020 $1,765 $250,400 $250,400 $0
2019 $1,765 $250,400 $0 $0
2018 $1,691 $246,800 $246,800 $0
2017 $1,691 $0 $0 $0
2016 $1,691 $0 $0 $0
2015 $1,642 $246,800 $246,800 $0
2014 $1,642 $273,600 $273,600 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2026 04/22/26 Price Changed $1,350,000 -6.9% $338 / Sq Ft
03/06/2026 03/06/26 For Sale $1,450,000 0.0% $363 / Sq Ft
10/08/2025 10/08/25 For Rent $6,500 0.0% --
08/31/2023 08/31/23 Sold $350,000 -6.7% -- View Prior Sale
05/11/2021 05/11/21 For Sale $375,000 -- --
Source: Canopy MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Tryon Title
Deed $103,500 --
Deed $82,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $819,000 Construction
Source: Public Records

About the Listing Agent

Matt Sarver

Keller Williams Lake Norman

(828) 475-8868

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Matt Sarver is a top-producing Broker and Realtor® with 21 years of experience serving Charlotte, NC and the Lake Norman area, including Cornelius, Davidson, Huntersville, Mooresville, Denver, and surrounding communities. As the leader of The Sarver Group, Matt is known for delivering a full-service, high-touch real estate experience backed by strategic marketing, expert negotiation, and deep local market knowledge.

In 2025, The Sarver Group served 180+ families and achieved $130M+ in

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Source: Canopy MLS

MLS Number: 4353438

Canopy MLS

APN: 4617047467220000

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