8703 Kentucky Derby Dr, Waxhaw, NC, 28173

$1,875,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 2 Partial
5,747 SqFt
$326/SqFt
House

Location

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8703 Kentucky Derby Dr, Waxhaw$1,875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Electric Vehicle Charging Station(s), Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry
Attached GarageYes
Year Built2003
HeatingNatural Gas
CoolingCeiling Fan(s), Central Air
FireplaceDen, Gas, Living Room, Primary Bedroom
MLS #4192198
StatusActive

About 8703 Kentucky Derby Dr

Step into a world of timeless elegance in this custom-built masterpiece thoughtfully designed by award-winning architect Arama Winner. Nestled in a prestigious gated community, this home is more than a residence—it’s a lifestyle. Imagine coming home to a place where every detail has been crafted to bring joy & comfort just moments away from Union County's top-ranked schools & shops & restaurants. Walk through the front door & Brazilian hardwood floors gleam underfoot & intricate moldings wrap each room in sophistication. High ceilings create a sense of openness, inviting you to breathe deeply & feel at ease. Step out onto the impressive 900sqft covered porch w/built-in grill & tile countertops overlooking your private oasis—a shimmering pool w/hot tub & a tranquil fountain surrounded by lush greenery. No stone has been left unturned in this extraordinary home w/ countless features & upgrades it's impossible to list them all!

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 5,747 SqFt

Listing Office:

  • Office Name: Keller Williams South Park
  • Office Email: kbernard@empowerhome.com

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, Down Draft, Gas Cooktop, Microwave, Self Cleaning Oven, Oven, Wine Cooler
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: Attic Walk In, Breakfast Bar, Built-in Features, Cable Prewire, Central Vacuum, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry, Whirlpool
  • Fireplace: Den, Gas, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Hot Tub, Gas Grill, In-Ground Irrigation, Outdoor Kitchen, Other - See Remarks

Parking Information:

  • Attached Garage: Yes
  • Parking: Circular Driveway, Electric Vehicle Charging Station(s), Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,875,000
  • Price Per SqFt: $326/SqFt

HOA Fees:

  • Amount: $1730
  • Frequency: Annually

Tax Information:

  • Annual Amount: $6,484
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$740K

Med. Price/SqFt

$231

Avg. Days On Market

33

# of Sold Homes

66

8703 Kentucky Derby Dr vs Waxhaw

27 DAYS ON ROCKET

-6 Days

$1,875,000

+$1.1M More

$326/SqFt

+$94 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $94/SqFt more than other homes in Waxhaw, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4192198

Listing Office:

  • Office Name: Keller Williams South Park
  • Office Email: kbernard@empowerhome.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:21:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,484$842,000
2019$6,452$842,000
2018$6,823$842,000
2017$6,701$842,000

History based on county public records data.

Payment Calculator

$9,570

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,688

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-219693
6
/10
  • Marvin Elementary School

  • 9700 Marvin School Rd

  • 1.22 miles

  • Public District Grades KG-5

school-card-donut-219694
6
/10
  • Rea View Elementary School

  • 320 Reid Dairy Rd

  • 1.23 miles

  • Public District Grades KG-5

school-card-donut-219695
7
/10
  • Sandy Ridge Elementary School

  • 10101 Waxhaw Manor Dr

  • 2.51 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $184,536. The most common annual income of people living in Waxhaw, NC is $200k+. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8703 Kentucky Derby Dr

What is the listing price of this property?

The listing price of 8703 Kentucky Derby Dr property is $1,875,000.

What type of property is this?

The property 8703 Kentucky Derby Dr is a house located in Waxhaw, North Carolina, 28173.

Is this property for sale now?

Active Listing: 8703 Kentucky Derby 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 2020 is $6,484 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8703 Kentucky Derby Dr has 4 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 8703 Kentucky Derby Dr is 5,747 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8703 Kentucky Derby Dr is 2003.

Rocket HomesNorth CarolinaUnion CountyWaxhaw281738703 Kentucky Derby Dr

This home is located at 8703 Kentucky Derby Dr in Waxhaw, NC and zip code 28173 in the Providence Downs neighborhood. This 5,747 square foot home was built in 2003. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $1,875,000.

In October 2024 more than 8 listings in Waxhaw, NC were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 50 were sold below. The inventory of homes for sale in Waxhaw, NC between September 2024 and October 2024 increased by 2.1%. The median list price of listings available in October 2024 was $740,041, while the average time on the real estate market was 33 days.

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

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