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16931 Hugh Torance Pkwy, Huntersville, NC, 28078

5beds
3baths
2,500sqft
$489,000
$196price/sqft
$3,131/moest. monthly cost
$125,240/yrincome needed

About This Home

New Price — Now Offered at $474,900! A fresh opportunity to own a spacious 5-bedroom home in the popular Gilead Ridge community. This move-in-ready home offers approximately 2,500 square feet, a new roof, pre-inspection, and recently refreshed exterior with freshly painted shutters and front door. Inside, the open floor plan provides plenty of space for everyday living and entertaining, with a spacious kitchen flowing into the main living area. Upstairs, the generous primary suite is joined by four additional bedrooms, giving you flexibility for guests, a home office, playroom, or additional living space. Enjoy the fenced backyard for pets, play, grilling, or relaxing outdoors. Gilead Ridge offers a community pool, playground, sidewalks, and neighborhood amenities, all just minutes from Birkdale Village, Lake Norman, shopping, dining, and I-77. With 5 bedrooms and this much space under $475,000 in Huntersville, this home offers an opportunity buyers will not want to overlook. Schedule your showing and see everything this home has to offer!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

6/10
Barnette ElementaryGrades PK-51.9 mi
7/10
Francis Bradley MiddleGrades 6-82.1 mi
5/10
Hopewell HighGrades 9-122.9 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Gas Water Heater,Microwave
  • Laundry features: Main Level

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Features

  • Open Floorplan,Walk-In Closet(s)
  • Flooring: Tile,Vinyl
  • Fireplace features: Living Room
  • Finished area below ground: 0
  • Finished area above ground: 2,500

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Ceiling Fan(s),Heat Pump

Interior Area

  • Total structure area: 2,500
  • Total interior livable area: 2,500 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 00939405
  • Zoning: TR
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Fencing: Fenced

Lot

  • Lot size: 0.14 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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
    Inland FloodingModerate

How This Home’s Risks Compare

Inland Flooding

FEMA Declared Disasters in Mecklenburg County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $2,472$29,664
Home Insurance *$146$1,752
Property Taxes $281$3,372
Electricity $232$2,794
Total$3,131$37,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,348/yr
40% on housing$93,930/yr
45% on housing$83,493/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

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.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$196This listing

vs Other Active Listings

Avg $/sqft

ZIP 28078$222
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28078$221
Mecklenburg County$238

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

DateEventPrice
2026-08-16Price change$474,900
2026-07-28Price change$489,000
2026-06-30Price change$499,000
2026-06-17Price change$514,900
2026-06-04Listed for sale$525,000
2021-03-24Listing removed--
2015-07-07Sold$227,500
2011-03-24Listing removed$215,000
2009-01-07Price change$215,000
2008-11-19Price change$219,900
2008-10-29Listed for sale$224,000

For Sale by Agent

AgentTracey Duncan
BrokerageRE/MAX Lifestyle

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