Michelle King

501 Kenlough Drive

Charlotte, NC
$ 490,000 Beds 4 Baths 2 Sq 1,746
Monthly Estimate* How much can I afford?

In one of Charlotte’s most sought-after and rapidly growing areas, this rare corner lot property in the Collingwood/Madison Park area is full of opportunity and potential. Surrounded by stunning renovations, luxury new construction homes, and ongoing development, this is an incredible chance to own one of the larger original homes in the neighborhood and create something truly special. Whether you are an investor, builder, or buyer looking to put your own personal touch on a home, the possibilities here are endless. The existing floor plan flows easily and is the perfect canvas for a renovation or remodel that could create instant value and equity — ideal for a resale, rental investment, or personal residence. Builders, take note: under Mecklenburg County UDO, the zoning transition from pre-UDO R-4 to post-UDO N1-B may allow for exciting redevelopment opportunities, including the potential for a luxe duplex. Filled with mid-century charm, the home sits on a beautiful corner lot with a private backyard and peaceful views of the pond and creek behind the property. The neighborhood itself is incredibly charming, with mature tree-lined streets, parks nearby, and a welcoming feel that continues to attract buyers and investors alike. Location truly sets this property apart. Just minutes from Uptown Charlotte, South End, and the light rail, you also have easy access to some of Charlotte’s best restaurants, shopping, and nightlife at Park Road Shopping Center and LoSo. With no HOA restrictions and so much growth happening nearby, this is an amazing opportunity at a great price to create your dream home or next successful investment project. We're currently obtaining contractor quotes for the following updates: Paint the exterior, Add shutters to the front windows, Paint the entire interior, Refinish the hardwood floors, Replace and update all lighting fixtures, Install new kitchen cabinets and appliances, Replace the carpet, Replace the laminate flooring The contractor estimates the total renovation cost will be between **$40,000 and $50,000**, with final quotes expected next week. Based on comparable sales, investing around **$50,000** into these improvements could create significant instant equity. Once renovated, the home has the potential to be worth **close to $700,000**, 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!

Single Family

  • Price
  • $ 490,000
  • City
  • Charlotte
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • MECKLENBURG
  • Half Bathrooms
  • 0
  • Area
  • Mecklenburg County
  • Lot Size
  • 0.24 Acres
  • Zip
  • 28209
  • Sqr Footage
  • 1,746
  • Year Built
  • 1958
  • Style
  • MLS#
  • 4382282
Listed By: Helen Adams Realty; maryhelen@helenadamsrealty.com
Data Source: Canopy MLS

Features

General

Living Area 1746
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s),Central Air
Utilities Cable Available,Cable Connected,Natural Gas
Roof Architectural Shingle
Appliances Dishwasher,Microwave,Oven,Refrigerator,Washer/Dryer
Development Status Completed
Patio/Porch Features Patio,Porch
Construction Materials Brick Partial,Vinyl
Year Built 1958
Levels Split Level
Property Subtype Single Family Residence
Parcel Number 149-115-09
County Mecklenburg
New Construction No
Property Type Residential
HOA No
Subdivision Name Selwyn Park
Garage Y/N No
Full Baths 2
High School Myers Park
City Charlotte
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Pinewood Mecklenburg
Middle/Junior High School Alexander Graham
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 423900
Listing Terms Cash,Conventional,FHA,VA Loan

Interior Features

Interior Amenities Attic Stairs Pulldown,Open Floorplan
Basement Dirt Floor
Flooring Tile,Wood
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1166
Laundry Features Laundry Room,Lower Level
Total Bedrooms 4
Total Baths 2
SqFt Main 528
SqFt Lower 580
SqFt Upper 638

Exterior Features

Fencing Back Yard
Parking Features Driveway
Lot Features Corner Lot
Water Source City
Lot Size Area 0.24
Foundation Details Crawl Space
Road Surface Type Asphalt,Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Pinewood Mecklenburg Elementary School
Middle School Alexander Graham Middle School
High School Myers Park High School

Price History

5/15/2026 Listed $565,000
6/3/2026 3% - $550,000
6/25/2026 5% - $525,000
8/10/2026 5% - $500,000
9/15/2026 2% - $490,000

Property vs Zip Code Average in 28209

Price
AVG $1.58M
$490K
Year Built
AVG 1987
1958
Visits
AVG 210
528
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

501 Kenlough Drive Charlotte, NC is a Single Family Home for sale at $490000 with 1746 sqft and a lot size of 0.24 Acres Acre(s). 501 Kenlough Drive Charlotte has 4 bedrooms, 2 baths and was built in 1958. The property's zip code is 28209 which is in Charlotte, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Michelle King

Michelle King

828-781-7684

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy