Advance · Advance, NC
196 Arnold Palmer Drive
Advance, NC · 8,531 sqft
$1,050,000
Reduced from $1,400,000
- 5Beds
- 4Baths
- 8,531SqFt
- 2004Year
- 336Days on market
About this home
Nestled on over 1 acre within Oak Valley golf course community, this stunning 4-story brick home offers a rare blend of luxury, space and functionality. Boasting 5 generously sized bedrooms, including 2 that could serve as owner’s suites, and 5 full bathrooms. This home is designed to accommodate both comfort and flexibility for today’s dynamic lifestyles. The home offers 2 dedicated office spaces, perfect for working from home. Complete with a house whole surround sound system. Two separate laundry areas provide convenience for large families or multigenerational living. The huge 3rd level flex room offers endless possibilities. The expansive finished basement features custom epoxy flooring, a movie theatre, a full bathroom, full kitchen and living room perfect for entertaining or an in-law suite. A 3-bay garage offers ample parking/storage. Relax on the composite deck or screened in patio. This home is the perfect retreat for both luxury and everyday practicality. Motivated Seller!
Property details
- Beds
- 5
- Baths
- 4
- SqFt
- 8,531
- Lot
- —
- Year built
- 2004
- Type
- Single Family
- Days on market
- 336
- Garage
- 3
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Basement
- Flooring
- Carpet, Concrete, Tile, Wood
- HOA dues
- $749 / yr
Features
- Entrance Foyer
- Kitchen Island
- Open Floorplan
- Pantry
- Walk-In Closet(s)
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$7,790/ month
- Principal & interest
- $6,502
- Property tax (~1.05%)
- $918
- Homeowners insurance
- $306
- HOA dues
- $62
Down payment
$52,500 down · $997,500 financed
Income to qualify (28% rule)
~$333,873 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.