1516 Princeton Ave, Charlotte, NC, 28209
About This Home
With over 7,200 square feet of heated living space, this stunning TRUE MODERN, Frank Smith–designed home offers a rare opportunity to live in a work of art overlooking the 7-acre lake at Freedom Park. Designed to embrace an outdoor lifestyle, this residence is pure luxury. The exterior features of this Modern Luxury include surround sound, a mounted TV under a covered back patio with remote-controlled shades, and a complete security system with 6 cameras plus remote controls for everything from indoor/outdoor fireplaces to exterior walls that disappear at the touch of a button. Throughout the home, you’ll find 10” wide engineered wood floors, sliding glass walls opening to a side-yard with outdoor living area, heated pool, putting green, and built-in grill & pizza oven. The custom Hans Krug kitchen features a concrete island, high-end Miele appliances, and a hidden scullery. The owner’s suite boasts a massive custom closet, spa-like bath with heated floors, a TV mirror, wet room, private laundry, and hand-selected marble finishes. Additional highlights include a full home theater, sauna, gated driveway, and 4-car garage. Unique features set this home apart: a custom fish tank with a striking Charlotte skyline centerpiece, and a detached living quarters below the garage that has been transformed into the ultimate man cave, perfect for entertaining, watching the game, or escaping for a private retreat.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2018
Materials
- Foundation: Crawl Space
- Roof: Metal
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Modern
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Exhaust Fan,Exhaust Hood,Freezer,Gas Cooktop,Gas Water Heater,Microwave,Plumbed For Ice Maker,Wall Oven
- Laundry features: Electric Dryer Hookup,Laundry Closet,Laundry Room,Main Level,Upper Level
Basement
- Has basement: Yes
- Basement: Finished
Bathroom Full
- Level: Main
Bathroom Full
- Level: 2nd Living Quarters
Bathroom Half
- Level: Main
Bedroom S
- Level: Upper
Bedroom S
- Level: 2nd Living Quarters
Bedroom S
- Level: Upper
Bedroom S
- Level: Upper
Bedroom S
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
- Main level bedrooms: 1
Dining Area
- Level: Main
Features
- Built-in Features,Kitchen Island,Open Floorplan,Pantry,Sauna,Walk-In Closet(s),Walk-In Pantry,Wet Bar,Whirlpool,Total Primary Heated Living Area: 6401
- Window features: Insulated Windows,Window Treatments
- Flooring: Concrete,Marble,Tile,Other
- Fireplace features: Fire Pit,Gas,Living Room,Outside,Other - See Remarks
- Finished area below ground: 1,326
- Finished area above ground: 5,075
Great Room
- Level: Main
Heating & Cooling
- Heating features: Central,Ductless,Floor Furnace,Natural Gas,Zoned
- Cooling features: Central Air,Zoned
Interior Area
- Total structure area: 5,075
- Total interior livable area: 7,247 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Loft
- Level: Upper
Office
- Level: Main
Other
- Level: 2nd Living Quarters
Primary Bedroom
- Level: Main
Property
Details
- Parcel number: 15111318
- Zoning: N1-B
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Private pool: Yes
- Pool features: Heated,In Ground,Outdoor Pool
- Exterior features: Fire Pit,Gas Grill,In-Ground Irrigation,Other - See Remarks
- Has view: Yes
- View description: Water,Year Round
- Has water view: Yes
- Water view: Water
Lot
- Lot size: 0.43 Acres
Parking
- Total spaces: 4
- Parking features: Attached Garage,Detached Garage,Garage Door Opener,Garage Faces Rear,Keypad Entry,Garage on Main Level
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Mecklenburg 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 | $20,984 | $251,808 |
| Home Insurance * | $986 | $11,832 |
| Property Taxes | $2,594 | $31,128 |
| Electricity | $674 | $8,099 |
| Total | $25,238 | $302,856 |
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 |
|---|---|---|
| 2025-09-25 | Listed for sale | $4,300,000 |
| 2019-08-23 | Sold | $2,850,000 |
| 2019-07-10 | Pending sale | $2,999,900 |
| 2019-04-19 | Price change | $2,999,900 |
| 2019-03-14 | Price change | $3,188,888 |
| 2018-10-14 | Price change | $3,290,000 |
| 2018-09-11 | Listed for sale | $3,500,000 |
| 2018-06-14 | Sold | $2,294,119 |
| 2017-09-13 | Listed for sale | $1,999,500 |
| 2017-07-26 | Pending sale | $1,999,500 |
| 2016-09-24 | Listed for sale | $1,999,500 |
| 2015-07-31 | Sold | $450,000 |
| 2015-06-20 | Listed for sale | $469,000 |
| 1998-12-09 | Sold | $165,000 |
For Sale by Agent
View on Zillow