230 Walnut Street | Sinko Realty LLC
$400,000
Active NEW 0 days

230 Walnut Street

Belmont, NC, 28012

0 Bedrooms | 0 Bathrooms | 0 Sq Ft | 1.56 Acres
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Property Description

Two parcels of beautiful land /acerage that back up to beautiful coves of Lake Wylie- with NO HOA! The first parcel (230 Walnut Street) backs up to a quiet cove and has a house on it, and the second parcel (no address yet) backs to the lake and the new, Red Hawk neighborhood by Lennar Homes on the other side of the lake. The land is sold with the house on-site and both are sold "As-IS". There are some light, lake front trees on the property that could potentially be removed for more clear, unobstructed views of the lake (the buyer/builder will need to obtain a NPDES permit through NC DEQ DEMLR before clearing or building).

These two, beautiful, tranquil lake front parcels are on a quiet Cul-De-Sac, coming in from a secluded, private road leading up to the lots. Both parcels abut coves of Lake Wylie and are within a couple of miles of I-485. There is a new shopping center slated for development nearby on S. New Hope Road: https://mpvre.com/2025/07/14/vulcan-secures-development-pads-at-new-hope-village/

As you can see, the hugely popular Redhawk development on the other side of the lake is also well underway- which tells you that the area is growing and NOW is the time to buy for appreciation and equity!

There is a house on the land at 230 Walnut Street, which is a 1634 sq. ft. 3 br/2 bath ranch home on a crawl space (per the seller, the aesbestos has already been removed). The land includes the home, which is sold "As-Is"- probably best to raze the house or do a controlled burn and start building from scratch, but the structure/home DOES transfer with the land sale.

The land is currently on well and septic, with no city or private water or sewer available at this time. The seller makes no representation as to the size or health of any septic system, septic field or well on the properties, as they never lived in the home that is on-site and no past records or information is currently available regarding the current or future septic system, well or water tap availability at the street (this is outside the Belmont/Cramertown water and sewer service area). The buyers would need a private well and septic assessment to determine suitability for improving and building what they wish to build or to subdivide on the combines parcels.

The two parcels are being sold together, but could be sold separately for a higher sales price to subdivide. The first lake front parcel, 230 Walnut Street (Parcel 190466) is 1.56 acres and has a slope down to the water (suitable for homes with high crawl spaces or basements). The second lake front parcel (no address, Parcel 215945) is 1.01 acres, and those potential building sites are flat, also backing up to a cove off of Lake Wylie (the Redhawk development by Lennar Homes is on the other side of the lake).

The two parcels being sold together are 230 Walnut Street, Belmont, NC 28012, Gaston County Parcel ID #: 190466- Legal Description: RC Matherson BLK CP/ TR 3 15 073 002 01 000- and the second parcel (no adddress yet)is: Gaston County Parcel ID # 215945- Legal Description: RC Matherson BLK/CP TR 3 15 073 A 027 00 000.

Online map to the parcels: https://arcg.is/1Tjej81 and:
https://earth.google.com/earth/d/1-01R0knuUCeySpv_LX4OqxHxRn230Uf8?usp=sharing

The Longitude/Latitude of the 230 Walnut Street Parcel for reference is:35°12'14.56"N 81°04'08.10"W. The second parcel is above this one and to the left in the cul de sac, on the other side of the lake from the Red Hawk development.

Property Details

Property Type: Acreage
Year Built: N/A
Living Area: 0 sq ft
Lot Size: 1.56 acres
Bedrooms: 0
Bathrooms: 0
Water: Other - See Remarks
Sewer: Septic Installed, Septic Needed, Other - See Remarks
View: Water, Year Round

Schools

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Financial Information

List Price: $400,000
HOA: No
Listing Information
Status: Active
MLS #: 4366808
Listing Firm: Realty Pros
Listing Agent: Kristen Haynes
Agent Email: khaynes@newhomesnc-sc.com

Estimated Monthly Payment

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Estimated Payment
$2,473
per month
Payment Breakdown
Principal & Interest $2,023
Property Tax (est.) $333
Insurance (est.) $117
Total Monthly $2,473

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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