Monroe · Monroe, NC
5200 Lancaster Highway
Monroe, NC · 2,857 sqft
$550,000
Reduced from $599,000
- 4Beds
- 3Baths
- 2,857SqFt
- 2020Year
- 105Days on market
About this home
Stunning 2020 build on over an acre in Monroe! This property offers expansive open spaces, perfect for outdoor activities, while the interior boasts a generous 2,800 square feet of living space. The spacious primary suite is located on the main floor, accompanied by a large living area, a beautifully designed kitchen, and a highly sought-after split-bedroom layout. Upstairs, you'll find a sprawling bonus room and a fourth bedroom, providing plenty of flexibility. The home also features a two-car garage and is equipped with solar panels, offering energy efficiency by powering your home during the day. With so much potential, this home is ready for its next owner to make it their own!
Property details
- Beds
- 4
- Baths
- 3
- SqFt
- 2,857
- Lot
- —
- Year built
- 2020
- Type
- Single Family
- Days on market
- 105
- Garage
- 2
- Heating
- Heat Pump
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Slab
- Flooring
- Carpet, Tile, Vinyl
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$4,047/ month
- Principal & interest
- $3,406
- Property tax (~1.05%)
- $481
- Homeowners insurance
- $160
- HOA dues
- —
Down payment
$27,500 down · $522,500 financed
Income to qualify (28% rule)
~$173,484 / 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.