20931 Island Forest Dr, Cornelius, NC, 28031

$3,475,000

5 Bedrooms
3 Full Baths, 1 Partial
4,361 SqFt
$797/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2004
HeatingCentral
CoolingCentral Air
BasementYes
WaterfrontBoat Lift, Dock, Pier
ViewWater
MLS #4197439
StatusActive

About 20931 Island Forest Dr

Stunning RENOVATED wf home w long range spectacular views of LKN! The perfect combination of luxury, convenience, & a relaxing lake lifestyle! Details such as the dramatic glass walls on the main floor that lead to a covered entertaining deck provide a stunning first impression, while the impressive stone fireplace greets guests w an extra touch of wow and charm. A large living room with high ceilings and gorgeous chef's kitchen and butler’s pantry offers ample space for entertaining. The flexible floor plan offers an exquisite primary suite with floor to ceiling windows and fireplace on the main level, 3 large bedrooms and sitting area upstairs, in-law suite w kitchen, great room, & large craft & laundry room on the lake level. Extra touches include primary bath with deep soaking tub and steam shower. Thoughtfully designed built in book cases, shelving and closets throughout, newly landscaped yard w extensive stone decks, built in fire pit & grill, new 10,000 lb lift & stone sea wall.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 4,361 SqFt

Listing Office:

  • Office Name: Culture Luxury Residential and Commercial
  • Office Email: elise.redmond@gmail.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Range
  • Basement: Yes
  • Flooring Type: Carpet, Stone, Tile, Wood
  • Interior: Attic Walk In, Built-in Features, Cable Prewire, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Boat Lift, Dock, Pier
  • View: Water
  • Exterior: Dock, In-Ground Irrigation

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,475,000
  • Price Per SqFt: $797/SqFt

HOA Fees:

  • Amount: $65
  • Frequency: Annually

Tax Information:

  • Annual Amount: $7,372
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cornelius, NC.

Med. Sold Price

$552.1K

Med. Price/SqFt

$271

Avg. Days On Market

37

# of Sold Homes

54

20931 Island Forest Dr vs Cornelius

3 DAYS ON ROCKET

-34 Days

$3,475,000

+$2.9M More

$797/SqFt

+$525 More

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price and $525/SqFt more than other homes in Cornelius, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4197439

Listing Office:

  • Office Name: Culture Luxury Residential and Commercial
  • Office Email: elise.redmond@gmail.com

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Property Sales & Tax

Listing History

May 06, 1999Home Sold
$133,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,372$878,800
2020$7,405$878,800
2018$9,846$910,700

History based on county public records data.

Payment Calculator

$17.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.4K

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-424067
6
/10
  • Cornelius Elementary School

  • 21126 Catawba Ave

  • 2.95 miles

  • Public District Grades KG-5

school-card-donut-424068
8
/10
  • J.V. Washam Elementary School

  • 9611 Westmoreland Rd

  • 3.25 miles

  • Public District Grades KG-5

school-card-donut-424069
6
/10
  • Woodland Heights Elementary School

  • 288 Forest Lake Blvd

  • 5.19 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,310. The most common annual income of people living in Cornelius, NC is $200k+. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20931 Island Forest Dr

What is the listing price of this property?

The listing price of 20931 Island Forest Dr property is $3,475,000.

What type of property is this?

The property 20931 Island Forest Dr is a house located in Cornelius, North Carolina, 28031.

Is this property for sale now?

Active Listing: 20931 Island Forest Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,372 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 6, 1999 for $133,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20931 Island Forest Dr has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 20931 Island Forest Dr is 4,361 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20931 Island Forest Dr is 2004.
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Rocket HomesNorth CarolinaMecklenburg CountyCornelius2803120931 Island Forest Dr

This home is located at 20931 Island Forest Dr in Cornelius, NC and zip code 28031 in the Island Forest neighborhood. This 4,361 square foot home was built in 2004. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $3,475,000.

In October 2024 more than 11 listings in Cornelius, NC were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 36 were sold below. The inventory of homes for sale in Cornelius, NC between September 2024 and October 2024 decreased by 0.9%. In October 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $552,182.

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

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