Cornelius · Cornelius, NC
21600 Rio Oro Drive #45
Cornelius, NC · 2,882 sqft
$990,000
Reduced from $1,500,000
- 3Beds
- 3Baths
- 2,882SqFt
- 1977Year
- 39Days on market
About this home
Rare Lake Norman lakefront opportunity in Bahia Bay! This .23-acre waterfront property features a large U-shaped 3 boat slip dock with permit, offering incredible potential for renovation or new construction. The home has updated floors throughout most of the home and new tile in all bathrooms, but overall needs TLC.
Sold as-is with no repairs to be made by seller. Excellent option for investors or custom builds. Convenient Cornelius location with quick commute to Charlotte. Unlock the potential of lakefront living in one of Lake Norman’s established communities.
Property details
- Beds
- 3
- Baths
- 3
- SqFt
- 2,882
- Lot
- —
- Year built
- 1977
- Type
- Single Family
- Days on market
- 39
- Style
- Cottage
- Heating
- Central, Heat Pump
- Cooling
- Central Air, Electric
- Foundation
- Basement
- Flooring
- Tile, Vinyl
- View
- Water, Year Round
- HOA dues
- $75 / yr
Features
- Attic Other
- Attic Stairs Pulldown
- Walk-In Closet(s)
- Dock - Floating
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$7,292/ month
- Principal & interest
- $6,131
- Property tax (~1.05%)
- $866
- Homeowners insurance
- $288
- HOA dues
- $6
Down payment
$49,500 down · $940,500 financed
Income to qualify (28% rule)
~$312,540 / 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.
