New London · New London, NC
138 Strand Road
New London, NC · 1,421 sqft
$575,000
Reduced from $585,000
- 4Beds
- 3Baths
- 1,421SqFt
- 1968Year
- 39Days on market
About this home
Waterfront living at its finest on beautiful Badin Lake in the desirable Lakemont Community. This newly updated 3 bedroom, 2 full bath lake house offers stunning views. The main living area and kitchen has been opened up to capture Badin Lakes beauty. Situated on a peaceful cove just off the main channel, this property provides the perfect balance of privacy and easy lake access. Enjoy a spacious waterfront porch ideal for relaxing or entertaining, along with a lakeside deck for taking in the views. The two car garage includes a bedroom, kitchenette, and full bath above it, offering excellent flexibility for guests, extended family, or additional living space. A concrete driveway with extra parking at the road adds convenience for owners and visitors. With NO HOA fees and rental property opportunities allowed, this home is a rare find for those seeking a personal retreat, investment property, or both. Don't miss your chance to own a beautifully updated Badin Lake waterfront property with incredible views and room to enjoy lake life to the fullest.
Property details
- Beds
- 4
- Baths
- 3
- SqFt
- 1,421
- Lot
- —
- Year built
- 1968
- Type
- Single Family
- Days on market
- 39
- Garage
- 2
- Heating
- Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
- View
- Water, Year Round
Features
- Attic Stairs Pulldown
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$4,160/ month
- Principal & interest
- $3,561
- Property tax (~0.90%)
- $431
- Homeowners insurance
- $167
- HOA dues
- —
Down payment
$28,750 down · $546,250 financed
Income to qualify (28% rule)
~$178,290 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she 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.