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3140 Lavender Ln, Kannapolis, NC, 28083

4beds
3baths
2,324sqft
$437,500
$188price/sqft
$2,703/moest. monthly cost
$108,120/yrincome needed

About This Home

Move-in ready! Introducing the Elm the newest floor plan in Monarch Meadows, offering the main-level owner's suite this community has been waiting for. The private primary retreat lives downstairs with a walk-in closet and en-suite bath, while the open-concept layout connects the kitchen, dining, and family room into one bright, easy living space. The kitchen anchors the home with white quartz countertops, subway tile backsplash, stainless steel appliances, and abundant cabinetry. Luxury vinyl plank flooring runs through the main living areas, plush carpet warms the bedrooms, and a great upstairs open space for play, study and more. Upstairs, a spacious loft creates the perfect second living space, playroom, or home office — surrounded by three generous bedrooms, a full bath, and convenient laundry. Quality materials and design details usually found in higher-priced homes at one of the most attainable new-construction price points in the area. Quick access to I-85, Concord, and the shopping, dining, and revitalization of downtown Kannapolis. Backed by a 1-Year Craftsmanship Warranty and a 10-Year Structural Warranty for added peace of mind.

Getting Around

2
WalkingCar-Dependent
17
TransitMinimal Transit
22
BikeSomewhat Bikeable

Schools

9/10
Jackson Park ElementaryGrades K-51.0 mi
2/10
Kannapolis MiddleGrades 7-84.3 mi
2/10
A. L. Brown High SchoolGrades 9-122.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

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

Other

  • Builder model: Elm
  • Builder name: PresPro Custom Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Electric Range,Electric Water Heater,Microwave
  • Laundry features: Electric Dryer Hookup,Laundry Room,Washer Hookup

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Open Floorplan,Walk-In Closet(s)
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,324

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,324
  • Total interior livable area: 2,324 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Loft

  • Level: Upper

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 158B053
  • Zoning: R4
  • Special condition: Standard

Features

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

Lot

  • Lot size: 0.25 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached 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

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Rowan 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 $2,212$26,544
Home Insurance *$200$2,400
Property Taxes $75$900
Electricity $216$2,597
Total$2,703$32,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,674/yr
40% on housing$81,090/yr
45% on housing$72,080/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: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.8%
6.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 28083$129
Rowan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28083$199
Rowan County$178

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
2026-07-31Listed for sale$437,500
2026-05-12Sold$553,000
2025-06-05Price change$399,900
2024-04-25Price change$432,000
2024-04-23Listed for sale--

New Construction

AgentBrandon Chase
BrokerageCEDAR REALTY LLC

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