501 Kenlough Drive
Charlotte, NCIn one of Charlotte’s most sought-after and rapidly growing areas, this rare corner lot property in the Collingwood/Madison Park area is full of opportunity and potential. Surrounded by stunning renovations, luxury new construction homes, and ongoing development, this is an incredible chance to own one of the larger original homes in the neighborhood and create something truly special. Whether you are an investor, builder, or buyer looking to put your own personal touch on a home, the possibilities here are endless. The existing floor plan flows easily and is the perfect canvas for a renovation or remodel that could create instant value and equity — ideal for a resale, rental investment, or personal residence. Builders, take note: under Mecklenburg County UDO, the zoning transition from pre-UDO R-4 to post-UDO N1-B may allow for exciting redevelopment opportunities, including the potential for a luxe duplex. Filled with mid-century charm, the home sits on a beautiful corner lot with a private backyard and peaceful views of the pond and creek behind the property. The neighborhood itself is incredibly charming, with mature tree-lined streets, parks nearby, and a welcoming feel that continues to attract buyers and investors alike. Location truly sets this property apart. Just minutes from Uptown Charlotte, South End, and the light rail, you also have easy access to some of Charlotte’s best restaurants, shopping, and nightlife at Park Road Shopping Center and LoSo. With no HOA restrictions and so much growth happening nearby, this is an amazing opportunity at a great price to create your dream home or next successful investment project. We're currently obtaining contractor quotes for the following updates: Paint the exterior, Add shutters to the front windows, Paint the entire interior, Refinish the hardwood floors, Replace and update all lighting fixtures, Install new kitchen cabinets and appliances, Replace the carpet, Replace the laminate flooring The contractor estimates the total renovation cost will be between **$40,000 and $50,000**, with final quotes expected next week. Based on comparable sales, investing around **$50,000** into these improvements could create significant instant equity. Once renovated, the home has the potential to be worth **close to $700,000**, making it an excellent opportunity for someone looking to build equity or potentially renovate and resell. Given the home's size and the comparable sales in the area, this is a fantastic investment opportunity!
Single Family
- Price
- $ 490,000
- City
- Charlotte
- Bedrooms
- 4
- Full Bathrooms
- 2
- County
- MECKLENBURG
- Half Bathrooms
- 0
- Area
- Mecklenburg County
- Lot Size
- 0.24 Acres
- Zip
- 28209
- Sqr Footage
- 1,746
- Year Built
- 1958
- Style
- MLS#
- 4382282
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Hickory, NC office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 28209
In The Neighborhood
In The Neighborhood
- Type
- Single Family
- Size
- <span>985</span> SqFt
- Rooms
- <span>2</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,087</span> SqFt
- Rooms
- <span>3</span> Beds + <span>1</span> Baths
- Type
- Single Family
- Size
- <span>1,510</span> SqFt
- Rooms
- <span>4</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,955</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,408</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>3,773</span> SqFt
- Rooms
- <span>4</span> Beds + <span>4.5</span> Baths
Areas That We Cover
- Alexis
- Blowing Rock
- Boomer
- Casar
- Catawba
- Charlotte
- Cherryville
- Claremont
- Cleveland
- Collettsville
- Concord
- Connelly Springs
- Conover
- Cornelius
- Crouse
- Davidson
- Denver
- Drexel
- Glen Alpine
- Granite Falls
- Hamptonville
- Harmony
- Hickory
- Hiddenite
- Hildebran
- Hudson
- Huntersville
- Iron Station
- Ironton Township
- Lenoir
- Lincolnton
- Love Valley
- Maiden
- Matthews
- Midland
- Mint Hill
- Mooresville
- Moravian Falls
- Morganton
- Nebo
- Newland
- Newton
- Olin
- Patterson
- Pineville
- Rhodhiss
- Rutherford College
- Sherrills Ford
- Stanley
- Statesville
- Stony Point
- Taylorsville
- Terrell
- Troutman
- Union Grove
- Valdese
- Vale
501 Kenlough Drive Charlotte, NC is a Single Family Home for sale at $490000 with 1746 sqft and a lot size of 0.24 Acres Acre(s). 501 Kenlough Drive Charlotte has 4 bedrooms, 2 baths and was built in 1958. The property's zip code is 28209 which is in Charlotte, NC
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.