Property listing for 1004 Fallondale Rd, Waxhaw, NC 28173
ActiveSingle Family Home

$625,000

1004 Fallondale Rd, Waxhaw, NC 28173

Updated 5-Bed Transitional Home with Dual Suites & Fenced Yard

5 Bed · 4 Bath · 2,882 Sq Ft

Turnkey family home near downtown Waxhaw — 5 beds, 4 baths, 2,882 SF

5

Beds

4

Baths

2,882

Sq Ft

2015

Built

0.16 acres

Lot

Attached 2-car garage

Garage

About 1004 Fallondale Rd

Step inside this beautifully maintained 2015 transitional home on Fallondale Road and discover flexible living across nearly 2,900 square feet. The main level welcomes you with luxury vinyl plank flooring that runs throughout and a thoughtfully arranged floorplan: a formal dining room for family gatherings, an open family room flowing to a bright breakfast nook, and a main-floor bedroom with an adjacent full bath — ideal as a guest suite or home office. The kitchen is a chef-friendly centerpiece: granite countertops, tiled backsplash, a substantial island for prep and seating, and stainless steel appliances including a gas cooktop and built-in oven.

Upstairs is designed for family convenience with two primary-style sleeping areas plus two additional bedrooms that share a Jack-and-Jill bath. Each upstairs bedroom is generously proportioned, and the placement of the primary suites provides privacy for parents and older children or guests. A practical mudroom off the attached two-car garage keeps coats and backpacks organized and offers direct laundry access on the upper level.

Outdoors, the property features a large patio and a fenced, private backyard skirted by mature landscaping and a wooded buffer — an excellent play area for kids and pets or a weekend barbecue spot. The low-maintenance yard and newer construction reduce near-term upkeep, allowing you to enjoy the community and nearby conveniences without delay.

Located approximately minutes from Historic Downtown Waxhaw’s boutiques and restaurants and easy commuting distance to Charlotte and regional employers, this home blends suburban calm with access to vibrant amenities. This is a rare combination of modern finishes, smart floorplan, and location — bring your buyers who want move-in-ready living in a family-oriented neighborhood.

Home Highlights

5 bedrooms and 4 full baths — flexible for multigenerational livingUpdated kitchen with granite counters and large islandTwo upstairs primary-style suitesPrivate fenced yard with large patioBuilt 2015 — modern systems and finishes

Property Features

Interior Features

  • 5 bedrooms, 4 full bathrooms
  • LVP flooring throughout main living areas
  • Kitchen with granite countertops, large island, tiled backsplash
  • Stainless steel appliances and gas cooktop
  • Main-floor bedroom with full bath
  • Mudroom and upper-level laundry hookups

Exterior & Lot

  • Private, fenced backyard
  • Large patio for entertaining
  • 0.16-acre lot with wooded buffer
  • Attached 2-car garage with opener
  • Driveway parking for 2+ vehicles

Location & Neighborhood

  • Minutes to Historic Downtown Waxhaw (shops & dining)
  • Convenient commute routes toward Charlotte
  • Family-oriented subdivision with sidewalks and yards
  • HOA in place — verify dues and covenants

Walkability & Recreation

  • Walkability Rating: 45/100
  • Nearby parks and walking trails within a short drive
  • Close to community recreation options and youth sports fields
  • Easy access to regional greenways

Neighborhood & Location

Waxhaw is a fast-growing southern Charlotte suburb prized for its small-town downtown, tree-lined residential streets and family-oriented lifestyle. The area blends newer subdivisions with established neighborhoods, offering access to parks, local shops, and a calendar of community events. Buyers choose Waxhaw for school quality and a quieter pace while keeping Charlotte within commuting distance.

Market Insights

Waxhaw sits within the greater Charlotte MSA and remains a sought-after suburban market thanks to strong schools, quieter streets, and a short drive to employment centers. As of early 2026, quality single-family inventory in Union County is limited relative to demand; well-kept homes like this one typically see multiple showings quickly and sell within weeks. Median sale prices in the immediate Waxhaw submarket are elevated compared to broader Union County due to school-driven buyer preferences, with steady appreciation over the past several years. For buyers, this property represents an opportunity to secure a larger, updated home in a low-turnover neighborhood. For sellers, the market supports pricing near the $600k–$650k band for comparable turnkey inventory.

Nearby Schools

Waxhaw Elementary School

Elementary · ≈ 2-3 mi

7/10

Marvin Ridge Middle School (or nearby Union County middle)

Middle · ≈ 5-7 mi

8/10

Marvin Ridge High School

High · ≈ 5-8 mi

9/10

Walkability & Recreation

45
Walkability
65
Recreation

Short drive to neighborhood parks, community greenways and the shops/restaurants of downtown Waxhaw; good options for weekend outdoor activities and family recreation.

Investment Highlights

  • Turnkey, updated kitchen with granite counters and stainless appliances
  • Flexible floorplan: main-floor bedroom with full bath + two upstairs primary-style suites
  • Private, fenced yard with large patio — excellent for family use and outdoor entertaining
  • Newer construction (2015) and modern finishes reduce near-term maintenance risk
  • Located in desirable Waxhaw/Union County submarket close to downtown and quality schools

Key Findings

  • List price: $625,000; price per SF: $217 (based on 2,882 SF)
  • Built in 2015; condition described as refreshed/interior painted and well maintained
  • Lot size: ~6,969 SF (0.16 acres) with fenced rear yard
  • 2-car attached garage + driveway parking
  • HOA required — dues and covenants unspecified in data

Things to Consider

  • Exact HOA fee amount not provided — potential recurring cost and restrictions
  • School assignment not explicitly given for this street — buyer should verify zone
  • No recent tax or assessor values included — confirm property tax liabilities
  • Limited lot size for expansion relative to some older Waxhaw parcels

Opportunity Analysis

Acquire a move-in-ready family home in a high-demand Waxhaw neighborhood that appeals to owner-occupants and families seeking strong schools and low near-term maintenance costs. The multiple ensuite-style bedrooms and modern kitchen provide broad appeal and pricing power in resale or rental markets.

Potential Use Scenarios

  • For owner-occupant buyers: move in and prioritize small cosmetic personalization; confirm HOA rules for exterior changes.
  • For investors: lease to families—market as 5BR with 4 full baths and fenced yard; expect strong interest and above-average rent for the submarket.
  • For flippers: minimal heavy renovation required — focus on staging and targeted aesthetic upgrades to maximize price per SF.

Risk Factors

  • Potential HOA restrictions and dues impact carrying costs
  • Local market sensitivity to interest-rate changes could moderate near-term appreciation
  • Smaller lot may limit long-term expansion or addition possibilities

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$595K

Midpoint

$625K

High

$655K

$217/SF estimated price per square foot

65% confidence

Estimate anchored to current list price of $625,000 and the listed 2,882 SF (listed price/SF = $217). Range reflects recent local market strength in Waxhaw/Union County and typical premium for updated kitchens, multiple ensuite bedrooms, and private yard. No live comparable sales pulled — verify with active MLS comps and appraisal.

As of 2026-03-12

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$520,000
Avg Days on Market18 days
Inventory2 months
1-Year Appreciation+400.0%

Demographics

Population (1 mi)8,500
Median Income (1 mi)$100,000

Waxhaw and Union County experienced faster-than-average growth over the prior decade as buyers move southeast of Charlotte. Continued in-migration expected; single-family housing demand remains strong.

Nearby Points of Interest

  • Historic Downtown Waxhaw (≈ 2-3 mi)
  • Carolina Provident / Ballantyne area (≈ 20-25 mi)

Close to downtown Waxhaw shops and restaurants, neighborhood parks and walking paths; commute access to Charlotte via US-74/NC-75/NC-16 corridors.

School District

DistrictUnion County Public Schools
ElementaryWaxhaw Elementary (Union County) — rating estimate 7/10
MiddleMarvin Ridge Middle / A nearby Union County middle school — rating estimate 8/10
HighMarvin Ridge High School — rating estimate 9/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2015
Constructionwood frame
Stories2
HeatingForced Air
CoolingCentral Air
Basementnone
FireplaceNo
Conditionexcellent

Lot & Site

Lot Size0.16 acres (6,969 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces4

Utilities

WaterCity
SewerPublic Sewer
GasNatural Gas (gas cooktop present)

Zoning & Land Use

DescriptionResidential single-family (suburban subdivision)
JurisdictionTown of Waxhaw / Union County (approximate)

Allowed Uses

Single family detached residentialAccessory uses per HOA and local code
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2026-03-09$625,000
2018-05-31$334,000
2015-09-11$311,243

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