Charlotte · Charlotte, NC
514 Magnolia Avenue
Charlotte, NC · 3,254 sqft
$1,795,000
Reduced from $1,880,000
- 4Beds
- 3.5Baths
- 3,254SqFt
- 2007Year
- 60 ft x 143 ft x 67 ft x 120 ftLot
- 36Days on market
About this home
Welcome to a stunning and unique Craftsman-style home perched atop one of Dilworth’s most desirable locations. Set upon Magnolia Hill, this 4-bedroom, 3.5-bath residence offers 3,254 square feet of elegant living space, thoughtful design, and modern convenience – all just five minutes from Uptown Charlotte. ***** Step inside to soaring 10-foot ceilings and elegant crown molding throughout the first floor with 9-foot ceilings upstairs. The home’s open concept flows seamlessly from the well-appointed kitchen that boasts a massive island with seating for 8+, premium Wolf appliances, gas burners with a griddle, and a touchless faucet. From the kitchen, enjoy an uninterrupted view across the living area and through tall glass French doors leading to the screened-in back porch. The porch overlooks a cozy patio and green space with fenced-in and natural privacy. ***** The home includes two primary suites, one on each floor, and each with its own spacious bathroom, dual sinks, separate walk-in shower, tub and enormous walk-in closets. The downstairs suite also features a luxurious Jacuzzi tub. Two additional bedrooms upstairs share a full bath with dual sinks. The laundry room and linen closet are conveniently located upstairs. ***** Additional highlights include: * Fresh paint and new hypoallergenic carpet throughout * Smart home features including Alexa-enabled lighting, smart thermostats for both HVAC zones, bathroom lights and fan controls, smart gate and smart garage door system, etc. * Hardwood floors throughout most of the main level, with cozy carpet in the downstairs primary suite, upstairs hallway and bedrooms * Concealed in-wall wiring for sleek, wire-free TV setup in living room and upstairs primary * A downstairs versatile flex space—ideal for a music room, home office, or playroom * Extra shelved storage space tucked under the stairs and accessible from the kitchen * A fully fenced backyard with electric gate; irrigation system in both front and back yards * Detached garage with smart automatic door and freezer; Level 2 EV charger installed * Widened parking pad fits multiple vehicles and ensures easy exits – a Dilworth luxury * Carport and side entryway that leads directly to a roomy, 10-foot-high kitchen pantry * Generous “walk-in” crawl space beneath the house for expansive storage in addition to the upstairs attic spaces ***** Located in the highly desirable Dilworth community, this home offers quick access to some of Charlotte’s best restaurants, retail, parks and community/cultural events. In addition, you are only blocks away from South End’s unique urban energy, light rail access and rail trail recreation. ***** Don’t miss the opportunity to own this hilltop gem in a truly unbeatable location.
Property details
- Beds
- 4
- Baths
- 3.5
- SqFt
- 3,254
- Lot
- 60 ft x 143 ft x 67 ft x 120 ft
- Year built
- 2007
- Type
- Single Family
- Days on market
- 36
- Style
- Arts and Crafts
- Heating
- Central, Natural Gas
- Cooling
- Ceiling Fan(s), Central Air, Electric, Multi Units
- Foundation
- Crawl Space
- Flooring
- Carpet, Tile, Wood
- View
- City
Features
- Attic Other
- Attic Stairs Pulldown
- Built-in Features
- Entrance Foyer
- Garden Tub
- Kitchen Island
- Open Floorplan
- Pantry
- Storage
- Walk-In Closet(s)
- Walk-In Pantry
- Whirlpool
- In-Ground Irrigation
- Other - See Remarks
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$13,211/ month
- Principal & interest
- $11,116
- Property tax (~1.05%)
- $1,570
- Homeowners insurance
- $523
- HOA dues
- —
Down payment
$89,750 down · $1,705,250 financed
Income to qualify (28% rule)
~$566,190 / 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.


