$461,999
SOLD MAR 27, 2025

5720 Olive Beach Rd Kannapolis, NC 28081

4 Beds
3.5 Baths
2,713 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • Under Construction
  • Clubhouse
  • Walk-In Closet
  • Open Floorplan
  • 2 Car Attached Garage
  • Community Playground

About This Home

As of March 2025

This new Inlet floorplan is optimized for entertaining, with a large floor plan and spacious kitchen. On the first floor, the owner’s suite is tucked in a back corner for added privacy. The open-plan kitchen, breakfast nook and family room open out to the patio, with a study located in the front area of the home. Upstairs are three secondary bedrooms and a loft. Optional upgrades include a fireplace. Plus, our signature Everything's Included program means you will get quartz or granite kitchen countertops, subway tile backsplash, ceramic tile, and luxury vinyl plank flooring at no extra cost! Summerlyn Village is a master-planned community offering single-family homes and townhomes. Future resort-style amenities include a clubhouse, swimming pool and winding trails. Just three miles away is downtown Kannapolis and within 12 miles of Charlotte and Concord for unique shopping, dining and entertainment options.

Last Agent to Sell the Property

Cheryl Pierce

Lennar Sales Corp Brokerage Email: cheryl.pierce@lennar.com License #68907 Listed on: 02/19/2025

Lennar Sales Corp

Last Buyer's Agent

Teresa Ross

Premier Real Estate Team Inc. License #244522

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | Under Construction

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Home is estimated to be completed on 3/20/25
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Vinyl Flooring
  • Pull Down Stairs to Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Schools

  • Fred Wilson Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56037847320000

Community Details

Overview

  • Cams Management Association
  • Built by Lennar
  • Summerlyn Village Subdivision, Inlet B Floorplan
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Restrictions: Architectural Review
  • Proposed Completion Date: 2025-03-20
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 170.29
  • Geocode Confidence: Low
  • Attribution Contact: cheryl.pierce@lennar.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Entrance Foyer, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1483
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1230
  • Appliances: Dishwasher, Disposal, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Light Fixtures, Exhaust Fan, Gas Range, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2713
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s)
  • Living Area: 2713
  • Bedroom Main: 1
  • Room Count: 14
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 380
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Zoned
  • Utilities: Cable Available, Fiber Optics, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 335
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: CAMS Management
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 1340.00

Schools

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

Lot Info

  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 56037847320000
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Verification Count: 2

Building Info

  • Builder Name: Lennar

MLS Schools

  • Elementary School: Fred Wilson
  • High School: A.L. Brown

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $461,999 0.0% $170 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $461,999 -1.5% $170 / Sq Ft
03/07/2025 03/07/25 Price Changed $468,999 -2.1% $173 / Sq Ft
02/24/2025 02/24/25 Price Changed $478,999 -0.8% $177 / Sq Ft
02/19/2025 02/19/25 For Sale $482,999 -- $178 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4224658

Canopy MLS (Canopy Realtor® Association)