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18731 Silver Quay Dr, Cornelius, NC, 28031

2beds
3baths
1,186sqft
$345,000
$291price/sqft
$2,230/moest. monthly cost
$89,200/yrincome needed

About This Home

Picture yourself in this beautifully updated home and experience the Lake Norman lifestyle in the heart of Cornelius. From the moment you walk in, you will be wowed by the flow of this home, the updated kitchen and the spacious living room. Enjoy peaceful moments in the screened in patio. Benefit from 2 spacious Primary Suites with walk in closets. The owner is one of the few in the neighborhood who paid extra for new windows. This beauty is located in a very strategic area of the neighborhood being only a few minutes walking distance to the pool, the lake, your kayak or paddle board and from the tennis/ pickle ball / basketball court. This is a highly well maintained neighborhood that is so well located near shopping and restaurants. Does all this answer to your lifestyle and more? Come look for yourself, you will fall in love!

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
J.V. Washam ElementaryGrades K-51.4 mi
10/10
Bailey Middle SchoolGrades 6-83.1 mi
6/10
William Amos Hough HighGrades 9-123.6 mi

Construction

Condition

  • Year built: 1995

Materials

  • Foundation: Slab
  • Construction materials: Fiber Cement

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Exhaust Fan,Gas Range,Ice Maker,Microwave,Plumbed For Ice Maker,Refrigerator,Self Cleaning Oven
  • Laundry features: Electric Dryer Hookup,In Hall,Laundry Closet,Upper Level,Washer Hookup

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Features: Built-in Features,Ceiling Fan(s),Walk-In Closet(s)
  • Level: Upper

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Features

  • Breakfast Bar,Storage,Walk-In Closet(s)
  • Door features: Insulated Door(s),Screen Door(s),Sliding Doors,Storm Door(s)
  • Window features: Insulated Windows
  • Flooring: Vinyl
  • Fireplace features: Gas,Gas Log,Gas Vented,Living Room
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 1,186

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,186
  • Total interior livable area: 1,186 sqft

Kitchen

  • Features: Breakfast Bar
  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Features: Ceiling Fan(s)
  • Level: Main

Primary Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: Upper

Property

Details

  • Parcel number: 00148342
  • Zoning: NR
  • Special condition: Standard
  • Other equipment: Network Ready

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Covered,Enclosed,Patio,Rear Porch,Screened
  • Exterior features: Lawn Maintenance,Storage
  • Waterfront features: Boat Ramp – Community,Boat Slip – Community,Dock
  • Waterbody name: Lake Norman

Lot

  • Lot size: 0.03 Acres
  • Lot size dimensions: 18 x 88 x 18 x 88

Parking

  • Parking features: Assigned

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

How This Home’s Risks Compare

Inland Flooding

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 $1,744$20,928
Home Insurance *$105$1,260
Property Taxes $181$2,172
Electricity $200$2,405
Total$2,230$26,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,457/yr
40% on housing$66,900/yr
45% on housing$59,466/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

$291This listing

vs Other Active Listings

Avg $/sqft

ZIP 28031$378
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28031$308
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
2026-04-30Listed for sale$356,900
2024-10-14Listing removed$2,000
2024-04-21Listing removed--
2024-04-16Listed for rent$2,000
2017-01-31Sold$161,000
2016-01-22Listing removed$170,000
2015-12-15Listed for sale$170,000
2014-06-03Sold$142,000
2014-04-24Pending sale$144,900
2014-04-10Price change$144,900
2014-03-22Listed for sale$147,900

For Sale by Agent

AgentFrancine Dupont
BrokerageKeller Williams Unlimited

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