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Cornelius · Cornelius, NC

8907 Magnolia Estates Drive

Cornelius, NC · 2,774 sqft

$729,000

  • 4Beds
  • 2.5Baths
  • 2,774SqFt
  • 1996Year
  • 1Days on market

About this home

Rare Find in Magnolia Estates — A Quiet Retreat on a Stunning 0.75-Acre Lot! Welcome to this beautifully updated 4-bedroom, 3-bathroom home in the heart of Magnolia Estates, where modern comfort meets the charm of one of Cornelius’s most beloved neighborhoods. Set on an expansive wooded lot, this 2,737 sq ft home offers the perfect blend of privacy, space, and thoughtful upgrades designed for everyday living — all with the freedom of no HOA. Step inside to discover new hardwood floors, a bright and welcoming layout, and a fully updated kitchen that serves as the warm center of the home. Each bathroom has been tastefully renovated, creating spaces that feel fresh and inviting. With four generously sized bedrooms, everyone has a comfortable place to unwind. Outside, the property truly shines. The large, wooded backyard features a greenhouse, fire pit and garden area. Whether you’re hosting gatherings, tending to your garden, or simply enjoying quiet moments outdoors, this property offers endless possibilities. A standout feature is the impressive 600 sq ft heated and cooled detached garage, complete with its own kitchen area, bathroom with shower and toilet, and sleeping loft — perfect for guests, hobbies, a workshop, ADU or even a private studio. The new driveway and large parking area make entry and exit a breeze. Homes like this — with land, updates, flexible spaces, and no HOA restrictions — are rare in Cornelius. This is your chance to create the lifestyle you’ve always imagined in a community known for its welcoming atmosphere and unbeatable location. Near the McDowell Greenway, Jetton Park, Lake Norman, Birkdale Village, I-77, and countless shopping and dining options. Your next chapter begins here in Magnolia Estates — don’t miss this opportunity.

Property details

Beds
4
Baths
2.5
SqFt
2,774
Lot
Year built
1996
Type
Single Family
Days on market
1
Garage
3
Style
Traditional
Heating
Central, Natural Gas
Cooling
Central Air
Foundation
Crawl Space
Flooring
Tile, Wood

Features

  • Attic Stairs Pulldown
  • Entrance Foyer
  • Kitchen Island
  • Walk-In Closet(s)
  • Walk-In Pantry
  • Fire Pit

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$5,274/ month

Principal & interest
$4,514
Property tax (~0.90%)
$546
Homeowners insurance
$212
HOA dues

Down payment

$36,450 down · $692,550 financed

Income to qualify (28% rule)

~$226,041 / 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.

Location

About Cornelius

Lake Norman · Old Town walkable

North Mecklenburg lake town between Huntersville and Davidson — Old Town walkability, Lake Norman shoreline, and a tighter inventory profile than its neighbors.

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