138 Strand Rd, New London, NC, 28127
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1968
Materials
- Foundation: Crawl Space
- Construction materials: Vinyl
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Convection Oven
- Laundry features: In Bathroom
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bathroom Full
- Level: 2nd Living Quarters
Bedroom S
- Level: Main
Bedroom S
- Level: Main
Bedroom S
- Level: 2nd Living Quarters
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 3
Features
- Attic: Pull Down Stairs
- Finished area below ground: 0
- Finished area above ground: 1,421
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 1,421
- Total interior livable area: 1,421 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: Main
Property
Details
- Parcel number: 667314447972
- Zoning: Res
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Deck,Patio,Porch
- Has view: Yes
- View description: Water,Year Round
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront
- Waterbody name: Badin Lake
Lot
- Lot size: 0.18 Acres
Parking
- Total spaces: 4
- Parking features: Driveway,Attached Garage,Garage Faces Side,Garage on Main Level
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Ice Storm
- Strong Wind
- Tornado
- Hail
- Hurricane
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Montgomery County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,958 | $35,496 |
| Home Insurance * | $281 | $3,372 |
| Property Taxes | $715 | $8,580 |
| Electricity | $200 | $2,405 |
| Total | $4,154 | $49,848 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Listed for sale | $585,000 |
| 2024-12-31 | Sold | $354,000 |
| 2024-11-15 | Price change | $459,000 |
| 2024-10-18 | Price change | $479,000 |
| 2024-08-15 | Price change | $499,000 |
| 2024-07-25 | Price change | $549,000 |
| 2024-06-20 | Price change | $569,000 |
| 2024-05-16 | Listed for sale | $589,000 |
View on Zillow