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3501 Delaware Dr, Denver, NC, 28037

4beds
3baths
2,506sqft
$499,000
$199price/sqft
$3,151/moest. monthly cost
$126,040/yrincome needed

About This Home

Welcome to this beautiful two-story home in the sought-after Covington at Lake Norman community! Offering 4 bedrooms, 3 bathrooms, and approximately 2,500 square feet of thoughtfully designed living space, this home combines comfort, functionality, and modern appeal. The open-concept floor plan features a spacious kitchen equipped with a gas range, ample cabinetry, and generous counter space, making it ideal for everyday living and entertaining. The main living areas are filled with natural light and provide a warm, inviting atmosphere throughout. The private primary suite serves as a relaxing retreat with an en-suite bathroom and plenty of space to unwind. A versatile loft area offers endless possibilities for a media room, home office, or playroom. Step outside to enjoy the large fenced backyard, perfect for pets, play, or outdoor gatherings. The screened patio provides a comfortable space to relax and enjoy the outdoors year-round. Recent interior painting adds a fresh, move-in-ready feel to the home. Residents of Covington at Lake Norman enjoy access to community amenities including an outdoor pool and playground, all while being conveniently located near shopping, dining, recreation, and the attractions of the Lake Norman area. Don't miss the opportunity to make this exceptional home yours—schedule your showing today!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

9/10
Rock Springs ElementaryGrades PK-52.5 mi
6/10
North Lincoln MiddleGrades 6-87.7 mi
6/10
North Lincoln High SchoolGrades 9-127.7 mi

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Slab
  • Construction materials: Hardboard Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Microwave
  • Laundry features: Electric Dryer Hookup

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,506

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,506
  • Total interior livable area: 2,506 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Loft

  • Level: Upper

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 92250
  • Zoning: PD-R
  • Special condition: Standard

Features

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

Lot

  • Lot size: 0.36 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 FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Tornado
Hail
Strong Wind
Winter Weather

FEMA Declared Disasters in Lincoln 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 $2,523$30,276
Home Insurance *$138$1,656
Property Taxes $257$3,084
Electricity $233$2,800
Total$3,151$37,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,034/yr
40% on housing$94,530/yr
45% on housing$84,026/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: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 8.5%
8.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$199This listing

vs Other Active Listings

Avg $/sqft

ZIP 28037$256
Lincoln County$223

vs Homes Sold Last Month

Median $/sqft

ZIP 28037$230
Lincoln County$204

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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$499,000
2026-07-30Price change$499,000
2026-07-21Price change$507,500
2026-07-15Price change$515,000
2026-06-28Price change$525,000
2026-06-26Listed for sale$550,000
2017-07-14Sold$326,000

For Sale by Agent

AgentLeslie Reeves
BrokeragePremier South

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