501 Kenlough Drive, Charlotte, NC 28209
Local realty services provided by:ERA Live Moore
Listed by: mary helen tomlinson davis
Office: helen adams realty
MLS#:4382282
Source:CH
501 Kenlough Drive,Charlotte, NC 28209
$490,000
- 4 Beds
- 2 Baths
- 1,746 sq. ft.
- Single family
- Active
Price summary
- Price:$490,000
- Price per sq. ft.:$280.64
About this home
Rare corner lot opportunity in the highly sought-after and rapidly growing Collingwood/Madison Park area! Surrounded by stunning renovated homes and luxury new construction, this property offers incredible potential for investors (to flip and/or rent), builders, or buyers looking for their new home!
One of the larger original homes in the neighborhood, it features a great floor plan, mid-century charm, and tons of renovation potential! N1-B zoning may also offer exciting redevelopment opportunities, including a potential luxury single family or duplex! Situated on a beautiful corner lot with a private backyard and peaceful pond and creek views. Just minutes from Uptown, South End, LoSo, and Park Road Shopping Center! No HOA and an unbeatable location!
**PLEASE NOTE:** We understand there have been concerns regarding the sloping and uneven basement floors. The sellers had IDE Engineering evaluate the property, and their report and recommended repairs are available in the MLS attachments. Based on the engineer's findings, the recommended work is primarily cosmetic rather than a major structural concern. A quote for the recommended self-leveling repairs is also attached. **With an acceptable offer, the seller is willing to complete the repairs, provide a full credit, or negotiate a price reduction to account for the work.** A great opportunity with multiple options for buyers!
Based on comparable sales, investing around **$50,000-$100,000** into the home improvements could create significant instant equity. Once renovated, the home has the potential to be worth **close to $700,000 or MORE**, making it an excellent opportunity for someone looking to build equity or potentially renovate and resell. Given the home's size and the comparable sales in the area, this is a fantastic investment opportunity!...
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Home facts
- Year built:1958
- Subdivision & Development:Selwyn Park
- Listing ID #:4382282
- Updated:October 22, 2026 at 01:22 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile, Wood
- Kitchen Description:Dishwasher, Microwave, Oven, Refrigerator
- Basement:Yes
- Living area:1,746 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1958
- Building area:1,746 sq. ft.
- Lot area:0.24 Acres
- Lot Features:Corner Lot
- Construction Materials:Vinyl
- Foundation Description:Crawl Space
Schools
- High school:Myers Park
- Elementary school:Pinewood Mecklenburg
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$490,000
- Price per sq. ft.:$280.64
Features and amenities
- Laundry features:Laundry Room, Lower Level
- Amenities:Attic Stairs Pulldown, Open Floorplan
Parking
- Parking description:Driveway
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