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8123 Cornhill Ave, Charlotte, NC, 28277

5beds
3baths
2,641sqft
$734,500
$278price/sqft
$4,592/moest. monthly cost
$183,680/yrincome needed

About This Home

Welcome to this meticulously maintained, move-in ready home in the highly desirable Rea Farms community. Designed with both comfort and functionality in mind, this spacious home features an open-concept floor plan with 5 bedrooms, including a convenient main-level guest bedroom, 3 full bathrooms, and a large detached 2-car garage. The gourmet kitchen is the heart of the home, showcasing stainless steel appliances, quartz countertops, and an oversized island perfect for entertaining. Abundant natural light fills the home, while the dedicated formal dining room adds elegance for everyday living and special gatherings alike. Enjoy the lifestyle of a true Live, Work & Play community with walkability to neighborhood green spaces, Rea Farms Village, Harris Teeter, restaurants, LifeTime, and Rea Farms STEAM Academy. Conveniently located directly across from Waverly, just minutes to Blakeney Greens, and offering quick access to Interstate 485 for an easy commute.

Getting Around

25
WalkingCar-Dependent
0
TransitNo Nearby Transit
24
BikeSomewhat Bikeable

Schools

10/10
Rea Farms STEAM AcademyGrades K-80.2 mi
9/10
Ardrey Kell HighGrades 9-123.0 mi
8/10
Polo Ridge ElementaryGrades K-50.8 mi

Construction

Condition

  • Year built: 2018

Materials

  • Foundation: Slab
  • Construction materials: Fiber Cement

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Water Heater,Oven,Refrigerator
  • Laundry features: Upper Level

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 1

Features

  • Kitchen Island,Open Floorplan,Pantry
  • Flooring: Carpet,Hardwood,Tile
  • Finished area below ground: 0
  • Finished area above ground: 2,641

Heating & Cooling

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

Interior Area

  • Total structure area: 2,641
  • Total interior livable area: 2,641 sqft

Laundry

  • Level: Upper

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 22917314
  • Zoning: MX-1
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Rear Porch

Lot

  • Lot size: 0.11 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Detached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Tornado

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 $3,714$44,568
Home Insurance *$211$2,532
Property Taxes $422$5,064
Electricity $245$2,951
Total$4,592$55,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$157,440/yr
40% on housing$137,760/yr
45% on housing$122,453/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

$278This listing

vs Other Active Listings

Avg $/sqft

ZIP 28277$249
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28277$269
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
2026-05-11Listed for sale$749,500
2025-04-16Listing removed$3,150
2025-03-11Price change$3,150
2025-02-13Price change$3,399
2025-01-27Listed for rent$3,499
2023-01-26Listing removed--
2023-01-18Price change$2,994
2022-12-26Price change$2,995
2022-12-22Listing removed--
2022-12-09Listed for sale$749,500
2022-12-07Listed for rent$3,299
2021-02-23Listing removed--
2021-01-22Listed for rent$3,199
2019-02-19Sold$416,000

For Sale by Agent

AgentApple Tran
BrokerageVerge LLC

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