4 months on rocket

Sale Pending

116 Summerlake Dr, New London, NC, 28127

$695,000

Home List Price

$8,253*

Closing Credit

4 Bedrooms
3 Full Baths
2,795 SqFt
$249/SqFt
House

Location

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116 Summerlake Dr, New London$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener, Attached
Attached Garage2 spaces
Year Built2010
HeatingFireplace(s), Heat Pump, Multi Unit(s), Electric, Wood
CoolingCentral Air
FireplaceLiving Room
MLS #1154776
Lot Size1.55 Acres
StatusSale Pending
(Pending)

About 116 Summerlake Dr

Accepting Back up offer on this Beautifully maintained 4bed 3 bath home at Badin Lake! Spacious 1.55ac w/ buffer lot. Wake up in your Primary suite w/ double tray ceilings, inlet lighting and private access to the wonderful screened in porch. Also accessible from the living room. Nice wood burning fireplace. Large bonus room with wet bar, 120 wine bottle refrigerator, water line in place for an ice maker, built in speakers. Just a few minutes' walk to the lake or a short bike ride to the club house. Boat storage available and is being expanded. New primary shower, His & her Closet by Design, new paint, carpet, Chandeliers, light fixtures & faucets throughout, New induction stove top in the naturally lit eat in kitchen along w/ many other updates! Large 657sqft Garage with plenty of space for storage. Bike racks, Washer & dryer can stay. Truly too much to mention in this must-see home! Matterport Tour

Property Details

Property Features

Property Information:

  • Year Built: 2010
  • Living Area: 2,795 SqFt

Listing Office:

  • Office Name: Allen Tate Winston Salem
  • Office Phone: (336) 778-3990
  • Listing Agent: Tara Thomas

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Cooktop, Range Hood, Electric Water Heater
  • Basement: No
  • Flooring Type: Carpet, Laminate, See Remarks, Tile, Vinyl
  • Interior: Ceiling Fan(s), Dead Bolt(s), Freestanding Tub, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s), Wet Bar
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener, Attached

Lot Features

Lot Information:

  • Lot: Corner Lot, Cul-De-Sac
  • Lot Size: 1.55 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Heat Pump, Multi Unit(s), Electric, Wood
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Nc-8 onto Badin Lake Rd, Continue onto Uwharrie Point Way, Keep R onto Southpoint Ln, R onto Heron Bay (Raven Ridge) Through gate, R onto Pearl Bay, R onto Summerlake Dr. Sign is wrong, says Summerlake Ct. Sign is in front of home and lot in cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $249/SqFt

HOA Fees:

  • Amount: $967
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in New London, NC.

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New London, NC

City

Med. Sold Price

$305.5K

Med. Price/SqFt

$233

Avg. Days On Market

59

# of Sold Homes

6

116 Summerlake Dr vs New London

130 DAYS ON ROCKET

+71 Days

$695,000

+$389.5K More

$249/SqFt

+$16 More

KEY TAKEAWAY

This property is $389.5K more than the Median Sold Price and $16/SqFt more than other homes in New London, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1154776

Listing Office:

  • Office Name: Allen Tate Winston Salem
  • Office Phone: (336) 778-3990
  • Listing Agent: Tara Thomas

IDX Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/15/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2615496
8
/10

  • Badin Elementary School

  • 47 Henderson St

  • 4.96 miles

  • Public District Grades KG-5

school-card-donut-2615497
6
/10

  • Richfield Elementary School

  • 120 Morgan St

  • 8.14 miles

  • Public District Grades KG-5

school-card-donut-2615498
3
/10

  • East Albemarle Elementary School

  • 1813 E Main St

  • 9.07 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,892. Residents of New London, NC typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Summerlake Dr

What is the listing price of this property?

The listing price of 116 Summerlake Dr property is $695,000.

What type of property is this?

The property 116 Summerlake Dr is a house located in New London, North Carolina, 28127.

Is this property for sale now?

Sale Pending: 116 Summerlake Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 116 Summerlake Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 116 Summerlake Dr is 2,795 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Summerlake Dr is 2010.

Rocket Homes›North Carolina›Stanly County›New London›28127›116 Summerlake Dr

This home is located at 116 Summerlake Dr in New London, NC and zip code 28127. This 2,795 square foot home, which was built in 2010, sits on a 1.55 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $695,000.

In December 2024, from all listings sold in New London, NC there were more than 1 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. In December 2024 in New London, NC there were 8.4% less homes for sale than in November 2024. In December 2024 median list price was $305,500 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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