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200 Edgewater Dr, Broadway, NC, 27505

4beds
4baths
3,141sqft
$450,000
$143price/sqft
$3,060/moest. monthly cost
$122,400/yrincome needed

About This Home

*Neighboring lot available* Nestled on a picturesque small lake in Broadway, NC, this spacious 4-bedroom, 3.5-bath home offers a rare opportunity to create your dream waterfront retreat. Situated in a peaceful setting, the property features a functional floor plan with generous living spaces, a basement, attached garage, sunroom, and a large back deck overlooking the water. This home boasts solid construction, great bones, and unlimited potential for customization. Whether you're looking for a primary residence, investment opportunity, or a waterfront home to make your own, you'll appreciate the serene lake views, mature landscaping, and the space this property provides both inside and out. Bring your vision and unlock the possibilities of this well-built home in a desirable Broadway location. Properties with this combination of size, setting, and potential don't come along often!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

3/10
4/10
East Lee Middle SchoolGrades 6-82.9 mi
3/10
Lee County High SchoolGrades 9-124.8 mi

Construction

Condition

  • Year built: 1969

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Concrete

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Tile
  • Finished area below ground: 913
  • Finished area above ground: 2,228

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,141
  • Total interior livable area: 3,141 sqft

Property

Details

  • Parcel number: 968215078600
  • Zoning: R-20
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 1
  • Has view: Yes

Lot

  • Lot size: 0.34 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • 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

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Drought
Hail
Hurricane
Heat Wave
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters in Lee 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 $2,275$27,300
Home Insurance *$208$2,496
Property Taxes $285$3,420
Electricity $292$3,510
Total$3,060$36,720
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,914/yr
40% on housing$91,800/yr
45% on housing$81,600/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: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$143This listing

vs Other Active Listings

Avg $/sqft

ZIP 27505$262
Lee County$160

vs Homes Sold Last Month

Median $/sqft

ZIP 27505$170
Lee County$169

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
2026-08-14Price change$440,000
2026-06-11Listed for sale$450,000

For Sale by Agent

AgentDana Lynn Cooley
BrokerageCooley & Co

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