640 Nutgrove Dr NW, Concord, NC, 28027
About This Home
Welcome to 640 Nutgrove Drive NW, Concord, NC — a stunning new construction home built by M/I Homes. This beautifully designed home offers 3,528 square foot of thoughtfully planned living space, featuring 5 bedrooms, 4.5 bathrooms, and an owner's bedroom conveniently located on the upper level. Step inside and find the following: 3,528 square foot of well-crafted living space 5 bedrooms and 4.5 bathrooms Owner's bedroom situated on the upper level with a private en-suite bathroom Open-concept living space perfect for entertaining and everyday living New construction built by the trusted team at M/I Homes 3-car garage This home showcases exceptional attention to detail and quality of design from the ground up. The open-concept living space creates a seamless flow between gathering areas, making it ideal for both relaxing and hosting guests. Every room has been carefully planned to maximize comfort and functionality. Nestled in a welcoming neighborhood, this home enjoys proximity to parks and green spaces that offer opportunities for outdoor recreation and relaxation. The surrounding area provides a pleasant setting that complements the quality and craftsmanship found within the home itself. This is an outstanding opportunity to own a brand-new home with superior construction standards and a floorplan designed for the way you live today.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction,Under Construction
- New construction: Yes
- Year built: 2026
Other
- Builder name: M/I Homes
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Interior Area
- Total interior livable area: 3,528 sqft
Property
Details
- Parcel number: 46816273180000
Features
- Levels: 2.0
- Stories: 2
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 3
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
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Cabarrus 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 | $3,987 | $47,844 |
| Home Insurance * | $238 | $2,856 |
| Property Taxes | $31 | $372 |
| Electricity | $328 | $3,943 |
| Total | $4,584 | $55,008 |
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 |
|---|---|---|
| 2026-03-24 | Listed for sale | $788,575 |
View on Zillow