$3,299,999
$549K PRICE DROP

5056 Bridge Way Denver, NC 28037

Estimated payment $18,758/month

Total Views 17,325
4 Beds
4.5 Baths
6,490 Sq Ft
$508 Price per Sq Ft

Highlights

  • Covered Dock
  • Solar Power System
  • Open Floorplan
  • Rock Springs Elementary School Rated A
  • Waterfront
  • Deck

About This Home

Discover luxury living at its finest with this breathtaking waterfront ranch home on 1.17 acres. Nestled on a picturesque sandy beach with a private dock on Lake Norman, this property boasts stunning long-range views. The spacious open floor plan features a master suite on the main level, alongside two additional bedrooms, ensuring comfort and privacy. Entertain with ease in the gourmet kitchen with a walk-in pantry, flowing seamlessly into the dining and living areas. The finished basement is an entertainer's dream, complete with a second kitchen/bar, theater room, and additional primary bedroom with an en-suite bath. Enjoy year-round outdoor living with porch heaters and room for a pool. Additional highlights include a bonus room over the garage, EV chargers, and smart home features. No HOA restrictions allowing the property to produce income through short term rental /vacation rentals with proven history, making it a smart investment. SELLER FINANCING AVAILABLE!!!

Listing Agent

John O'Brien

Magnolia Real Estate Brokerage Email: johnobrien@magnolialkn.com License #247796 Listed on: 12/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,741

Year Built

  • Built in 2022

Lot Details

  • Waterfront
  • Corner Lot
  • Irrigation
  • Property is zoned R-SF

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • 1.5-Story Property
  • Spray Foam Insulation

Interior Spaces

  • Open Floorplan
  • Sound System
  • Wired For Data
  • Bar Fridge
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Double Convection Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Workshop
  • Stubbed For A Bathroom
  • Basement Storage

Accessible Home Design

  • Halls are 36 inches wide or more
  • Garage doors are at least 85 inches wide
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Outdoor Shower
  • Covered Dock
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Rock Springs Elementary School
  • North Lincoln Middle School
  • North Lincoln High School

Utilities

  • Central Air
  • Heat Pump System
  • Generator Hookup
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 70353

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,741

Year Built

Built in 2022

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2022
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 508.47
  • Geocode Confidence: High
  • Power Production Ownership: Seller Owned
  • Attribution Contact: johnobrien@magnolialkn.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Tile, Vinyl
  • Interior Amenities: Attic Walk In, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3254
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 510
  • Sq Ft Unheated Main: 721
  • Sq Ft Unheated Total: 1231
  • Sq Ft Upper: 588
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Water Heater, ENERGY STAR Qualified Refrigerator, Exhaust Hood, Freezer, Induction Cooktop, Microwave, Wine Refrigerator
  • Other Equipment: Generator Hookup, Surround Sound
  • Above Grade Finished Sq Ft: 3842
  • Accessibility Features: Two or More Access Exits, Door Width 32 Inches or More, Garage Door Height Greater Than 84 inches, Hall Width 36 Inches or More
  • Has Basement: Basement Garage Door, Basement Shop, Bath/Stubbed, Exterior Entry, Finished, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2648
  • Door Features: French Doors, Insulated Door(s), Sliding Doors
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 6490
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 3
  • Room Count: 16
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Dock, In-Ground Irrigation, Outdoor Shower
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Covered structure, Dock
  • Exclusions: Chandelier in Master
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Balcony, Covered, Deck, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 1231
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Rear, Garage Faces Side, Keypad Entry

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Solar, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Beach Front, Corner Lot, Views, Waterfront
  • Lot Size Area: 1.166
  • Lot Size Units: Acres
  • Parcel Number: 70353
  • Plat Book Slide: 17-365
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-SF

Green Features

  • Green Sustainability: Photovoltaic - Solar Power, Spray Foam Insulation
  • Green Verification Count: 0

MLS Schools

  • Elementary School: Rock Springs
  • High School: North Lincoln

Map

Range of Values:

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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 $9,741 $1,586,892 $476,249 $1,110,643
2024 $9,689 $1,586,892 $476,249 $1,110,643
2023 $9,689 $1,586,892 $476,249 $1,110,643
2022 $4,830 $636,349 $297,035 $339,314
2021 $2,129 $290,035 $290,035 $0
2020 $2,071 $290,035 $290,035 $0
2019 $1,087 $0 $0 $0
2018 $871 $122,881 $122,881 $0
2017 $892 $122,881 $122,881 $0
2016 $889 $0 $0 $0
2015 $871 $122,881 $122,881 $0
2014 $1,036 $146,377 $146,377 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Price Changed $3,299,999 -5.7% $508 / Sq Ft
03/12/2025 03/12/25 Price Changed $3,499,000 -9.1% $539 / Sq Ft
12/12/2024 12/12/24 For Sale $3,849,000 0.0% $593 / Sq Ft
12/10/2024 12/10/24 Off Market $3,849,000 -- --
12/10/2024 12/10/24 For Sale $3,849,000 -- $593 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $352,500 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $38,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $920,000 Construction
Closed $264,375 New Conventional
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4206205

Canopy MLS (Canopy Realtor® Association)

APN: 70353