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235 Grey Rd, Davidson, NC, 28036

5beds
5baths
4,497sqft
$1,899,000
$422price/sqft
$11,557/moest. monthly cost
$462,280/yrincome needed

About This Home

235 Grey Road offers a rare opportunity to own one of the few true 5-bedroom homes in downtown Davidson. Situated on an exceptional and private .9-acre lot backing directly to Davidson College, this custom-built residence combines timeless craftsmanship, expansive living spaces, and an unbeatable walkable location just moments from downtown Davidson’s shops, restaurants, and parks. Originally constructed by a renowned local builder as his personal residence, the home showcases thoughtful design and quality throughout. Featuring 5 bedrooms, 4.5 baths, and a finished basement with full kitchen and recreation area, the property offers flexible living spaces ideal for both everyday living and entertaining. The backyard is a true retreat, with a private setting overlooking mature landscaping, a salt-water pool, fire pit, and in-ground trampoline—creating a rare outdoor experience in the heart of Davidson. With nearly an acre of land, exceptional privacy, and a highly sought-after location, 235 Grey Road represents a unique opportunity to own one of downtown Davidson’s premier family homes.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

9/10
Davidson K-8 SchoolGrades K-80.9 mi
7/10
William Amos Hough HighGrades 9-122.1 mi

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Exterior Entry,Storage Space,Walk-Out Access

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Basement

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Breakfast

  • Level: Main

Dining Room

  • Level: Main

Features

  • Finished area below ground: 1,212
  • Finished area above ground: 3,285

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,285
  • Total interior livable area: 4,497 sqft

Kitchen

  • Level: Main

Kitchen

  • Level: Basement

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Upper

Recreation Room

  • Level: Basement

Property

Details

  • Parcel number: 00315623
  • Zoning: VI
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: In Ground
  • Fencing: Back Yard
  • Waterfront features: None

Lot

  • Lot size: 0.97 Acres
  • Features: Private

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
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 $9,602$115,224
Home Insurance *$382$4,584
Property Taxes $1,155$13,860
Electricity $418$5,026
Total$11,557$138,684
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$396,240/yr
40% on housing$346,710/yr
45% on housing$308,186/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

$422This listing

vs Other Active Listings

Avg $/sqft

ZIP 28036$332
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28036$309
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
2026-08-17Price change$1,750,000
2026-06-16Price change$1,899,000
2026-05-18Listed for sale$1,950,000
2026-03-10Listing removed$1,813,000
2025-11-18Price change$1,813,000
2025-10-02Price change$1,850,000
2025-07-24Price change$1,890,000
2025-05-30Price change$1,950,000
2025-04-13Price change$1,995,000
2024-10-11Listed for sale$2,050,000
2014-10-02Sold$712,500

For Sale by Agent

AgentMichael Orlando
BrokerageTSG Residential

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