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5424 Gorham Dr, Charlotte, NC, 28226

5beds
8baths
7,378sqft
$3,699,000
$501price/sqft
$22,245/moest. monthly cost
$889,800/yrincome needed

About This Home

LUXURY LIVING IN PELLYN WOOD! This custom residence built by Arcadia Homes, is a seamless blend of sophistication and luxury. Sun-filled interiors and soaring ceilings create an airy, refined backdrop, with lake views in almost every room. This home offers a thoughtfully designed floor plan with effortless flow for both entertaining and everyday living. Enter into a stately foyer and living room offering floor to ceiling windows with grand fireplace. Additional features include chef’s kitchen, island and walk-in pantry opening seamlessly to the breakfast area/bar. The main level also offers a private primary suite complete with gorgeous soaking tub, dual vanities, freestanding shower and sizable walk-in closet. You'll also find an inviting office, formal dining room, dual powder rooms and laundry on main level. Upstairs features three bedrooms complete with en suite baths and a large airy loft open to below. The basement level offers a versatile 2nd primary suite, theatre, exercise room and 2nd kitchen. Fireside billiard room opens to covered porch overlooking lake. Outdoor living is equally impressive, with a main level porch and lower level covered porch offering privacy and endless lake views. Lush and mature landscaping throughout adds both function and charm. Additional highlights include attached three-car garage, abundant walk-out attic storage, conditioned storage and a prime location just minutes from the shops and restaurants of SouthPark. Easy commute to Uptown.

Getting Around

1
WalkingCar-Dependent
23
TransitMinimal Transit
1
BikeSomewhat Bikeable

Schools

6/10
Sharon ElementaryGrades K-51.9 mi
5/10
Carmel MiddleGrades 6-80.8 mi
5/10
South Mecklenburg HighGrades 9-124.3 mi

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Stucco

Other

  • Builder name: Arcadia Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: French Provincial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Double Oven,Microwave,Refrigerator
  • Laundry features: Laundry Room,Main Level,Sink

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Walk-Out Access

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Basement

Bathroom Full

  • Level: Main

Bathroom Half

  • Level: Main

Bathroom Half

  • Level: Main

Bathroom Half

  • Level: Basement

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 8
  • Full bathrooms: 5
  • 1/2 bathrooms: 3
  • Main level bedrooms: 1

Breakfast

  • Level: Main

Dining Area

  • Level: Basement

Dining Room

  • Level: Main

Exercise Room

  • Level: Basement

Features

  • Built-in Features,Soaking Tub,Kitchen Island,Walk-In Closet(s),Walk-In Pantry
  • Door features: French Doors
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Family Room,Gas Log,Living Room
  • Attic: Walk-In
  • Finished area below ground: 2,280
  • Finished area above ground: 5,098

Heating & Cooling

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

Interior Area

  • Total structure area: 5,098
  • Total interior livable area: 7,378 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Living Room

  • Level: Basement

Loft

  • Level: Upper

Media Room

  • Level: Basement

Office

  • Level: Main

Other

  • Level: Basement

Other

  • Level: Basement

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 18724103
  • Zoning: N1-A
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio,Porch,Rear Porch,Terrace
  • On waterfront: Yes
  • Waterfront features: None,Waterfront
  • Waterbody name: Pellyn Wood Lake

Lot

  • Lot size: 0.84 Acres
  • Features: Views

Parking

  • Total spaces: 3
  • Parking features: Driveway,Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

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 FloodingRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Tornado

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 $18,704$224,448
Home Insurance *$1,062$12,744
Property Taxes $1,792$21,504
Electricity $687$8,246
Total$22,245$266,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$762,685/yr
40% on housing$667,350/yr
45% on housing$593,200/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

$501This listing

vs Other Active Listings

Avg $/sqft

ZIP 28226$275
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28226$303
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
2026-07-15Price change$3,699,000
2026-05-21Price change$3,850,000
2018-03-21Listed for sale$2,675,000

For Sale by Agent

AgentRobert Meyer
BrokerageBrandon Lawn Real Estate LLC

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