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18821 Silver Quay Dr, Cornelius, NC, 28031

2beds
3baths
1,134sqft
$384,000
$339price/sqft
$2,468/moest. monthly cost
$98,720/yrincome needed

About This Home

Welcome Home to Lake Norman Living! This charming, furnished townhome nestled in a small community adjoining beautiful Lake Norman. Move-in ready, this townhome offers a warm welcome from the moment you step inside. The front entrance opens to a lovely dining room with a pass through window to the Kitchen, perfect for serving and entertaining. The kitchen provides easy access to both dining and living areas, making gatherings effortless. Enjoy cozy evenings in the living area featuring built in shelving, a gas log fireplace and sliding doors leading to a private screened patio. Off the patio you will find a small grill included and a storage closet as well. Upstairs, you will find two comfortable bedrooms, each with it own private bath! Ideal set up for guest or roommates, The laundry is conveniently located between the bedrooms. Best of all, this townhome has it's own BOATSLIP! Enjoy direct access to Lake Norman. Please walk down to the water, you will find the private, gated pool area and picnic area with grill. There are also tennis courts for you. Great opportunity for lake lovers and located in desirable Cornelius. You will access to all the area's conveniences and be just minutes from I-77, Charlotte and Mooresville. Don't wait-Your Lake Norman lifestyle begins here!

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

9/10
J.V. Washam ElementaryGrades K-51.3 mi
10/10
Bailey Middle SchoolGrades 6-83.0 mi
7/10
William Amos Hough HighGrades 9-123.5 mi

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Slab
  • Construction materials: Vinyl

Type & Style

  • Home type: Townhouse
  • Architectural style: Transitional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Laundry Closet,Upper Level

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

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

Dining Area

  • Level: Main

Family Room

  • Level: Main

Features

  • Attic Other
  • Flooring: Carpet,Vinyl
  • Fireplace features: Family Room,Gas Log
  • Attic: Other
  • Finished area below ground: 0
  • Finished area above ground: 1,134

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,134
  • Total interior livable area: 1,134 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 00148353
  • Zoning: NR
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Private pool: Yes
  • Pool features: Community,Fenced,In Ground,Outdoor Pool
  • Patio & porch: Covered,Rear Porch
  • Exterior features: Lawn Maintenance,Tennis Court(s)
  • Waterfront features: Boat Slip (Deed)
  • Waterbody name: Lake Norman

Lot

  • Lot size: 0.04 Acres
  • Features: Level

Parking

  • Parking features: Assigned,Parking Lot

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 $1,941$23,292
Home Insurance *$117$1,404
Property Taxes $210$2,520
Electricity $200$2,405
Total$2,468$29,616
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,617/yr
40% on housing$74,040/yr
45% on housing$65,813/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

$339This 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
2026-07-23Price change$384,000
2026-07-17Price change$385,000
2026-07-09Price change$390,000
2026-05-22Listed for sale$395,000
2025-12-31Listing removed$425,000
2025-12-12Listed for sale$425,000
2018-11-01Listing removed$1,450
2018-09-29Price change$1,450
2018-08-28Listed for rent$1,500
2017-12-29Sold$220,000
2017-11-06Pending sale$225,000
2017-10-28Listed for sale$225,000
2015-07-10Sold$178,000
2015-04-06Listed for sale$184,900
2014-12-05Listing removed$179,900
2014-07-31Listed for sale$179,900
2007-03-02Sold$190,000
2005-06-28Sold$127,000
1999-08-30Sold$126,000

For Sale by Agent

AgentKandi Lowe
BrokerageRealty One Group Revolution

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