Albemarle · Albemarle, NC
49611 Waterview Trail
Albemarle, NC
$415,000
Reduced from $425,000
- 2Beds
- 1Baths
- 0SqFt
- 1965Year
- 79Days on market
About this home
Rare opportunity on Lake Tillery featuring three combined lots across two parcels with an existing old home place and dock on the main channel. Property offers main channel lake views and multiple possibilities for future use. The existing home and dock have not been occupied or maintained in many years and are in poor condition. Structures are considered in need of significant repair or removal. Buyer may choose to rehab/build onto the existing structure or remove and build new, subject to county and lake authority approvals. County water is available but has not been tapped into. Septic system is installed; condition is unknown. Extreme caution is advised if entering the home. Total acreage is approximately 0.34 acres (combined lots). Tax value and lot size reflect the total property. Property is being sold as-is. Ideal for buyers seeking a lakefront building opportunity with main channel exposure. No HOA.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 0
- Lot
- —
- Year built
- 1965
- Type
- Single Family
- Days on market
- 79
- Heating
- None
- Cooling
- None
- Foundation
- Basement
- View
- Water
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,054/ month
- Principal & interest
- $2,570
- Property tax (~1.05%)
- $363
- Homeowners insurance
- $121
- HOA dues
- —
Down payment
$20,750 down · $394,250 financed
Income to qualify (28% rule)
~$130,902 / 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.