Homes/North Carolina/Charlotte/11506 Costigan Ln
CompCasa Property Analysis · condo

11506 Costigan Ln

First-Floor 2BR/2BA Condo in Ballantyne — Move-in Ready

One-level, low-maintenance condo steps from Ballantyne amenities

2 beds2 baths1,012 sq ftBuilt 20060.01 acresnone (surface parking lot)
CompCasa valuation analysis
Estimated market value
$300,000
Low $285,000 · Midpoint $300,000 · High $315,000
Confidence70%Sales comparison approach
Last recorded sale$152,900Sep 26, 2014
CompCasa estimate$300,000Mar 13, 2026
Estimate vs. last recorded sale+$147,100 / +96.2%
$285,000$300,000 midpoint$315,000
Price / sq ft$296.58
Median sale price$425,000
Avg days on market20 days
Inventory2.5 months

Estimate anchored to active list price ($299,990) and unit characteristics (1,012 SF, 2BR/2BA) with knowledge of Ballantyne condo pricing. No live comp search performed.

About the property

First-Floor 2BR/2BA Condo in Ballantyne — Move-in Ready

This first-floor condominium at 11506 Costigan Ln delivers efficient, one-level living in the highly desirable Ballantyne submarket. At 1,012 square feet, the layout features two bedrooms and two full bathrooms separated by a comfortable living area — a practical plan that accommodates long-term owners, downsizers, and investors alike. The unit has been carefully maintained by the owner and presents in tidy, original condition: tile and carpet floors, insulated windows, electric cooktop/oven/range, central air, ceiling fans, and an in-unit laundry closet.

The kitchen and dining areas flow to the main living room, creating open circulation appropriate for everyday living and casual entertaining. Both bedrooms comfortably fit full-size furnishings; the primary suite includes its own full bath. Because this is a first-floor unit, entry and egress are convenient and barrier-free — no interior stairs to contend with. Surface parking is provided in the community lot directly in front of the building for easy unloading.

Location is a standout: this condo sits minutes from Ballantyne Village, The Bowl at Ballantyne, grocery and service retail, and corporate office parks. Dining and leisure options are abundant for evenings out or casual weekends, and access to I-485 keeps the greater Charlotte region within an easy drive. The HOA handles exterior maintenance and common areas, preserving a low-effort ownership experience.

This property represents a move-in-ready alternative for buyers seeking low-maintenance Ballantyne living or a turnkey rental opportunity. The unit has been preserved in original (clean) condition and responds well to light cosmetic updates if a buyer prefers a more contemporary aesthetic. Request HOA documents for dues and policies and schedule a showing to see the unit in person.

Property details

A 2006 condo/co op on 0.01 acres.

Building

Year built2006
ConstructionWood Frame With Condominium Exterior (Typical 2000s Suburban Condo)
HeatingElectric
CoolingCentral Air (electric); ceiling fans present

Site & utilities

Lot size0.01 acres
Garagenone (surface parking lot)
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notesClean, well-maintained original-condition unit. Not recently remodeled but shows pride of ownership. Tile and carpet flooring, insulated windows, in-unit laundry.
Lot area435 sq ft
TopographyLevel
ParkingParking Lot
Parking spaces1
Parking notesAssigned surface parking / visitor spaces in community parking lot; no private garage recorded.
AccessTypical condominium community access; easy driving access to nearby arterials (Johnston/Blakeney/Johnston Rd/I-485 corridor).
WaterCity
SewerPublic Sewer
ElectricElectric (Service Type Not Specified)
GasNo Gas Indicated (Electric Appliances Listed)
Location & nearby

Ballantyne / South Charlotte

Researched nearby locations

Ballantyne Village (1.5 mi)
The Bowl at Ballantyne (0.5-1 mi)

Location

11506 Costigan Ln, Charlotte, NC 28277

View in Google Maps
Editorial neighborhood context

Ballantyne is a master-planned, amenity-rich pocket in South Charlotte known for upscale retail centers, corporate office parks, and a suburban residential mix. The area attracts professionals, families, and empty-nesters seeking proximity to restaurants, shops, and convenient highways while maintaining quieter residential streets. Expect manicured common areas, active community events, and a mix of single-family homes and condo communities.

Nearby access summary

Access to nearby parks, trails and Ballantyne retail/restaurant clusters provides good recreational options within a short drive; neighborhood is car-oriented but offers pedestrian pockets around retail centers.

ElementaryBallantyne Elementary (CMS) (approx. 2.0 mi) — rating estimate 7/10
Middle schoolCommunity House Middle School (approx. 2.5 mi) — rating estimate 7/10
High schoolProvidence High School (approx. 3.0 mi) — rating estimate 8/10
School districtCharlotte-Mecklenburg Schools
Market context

A factual market snapshot around 11506 Costigan Ln.

Median sale price$425,000
Avg days on market20 days
Inventory2.5 months
1-year appreciation300.0%
5-year appreciation1800.0%
Editorial market perspective

Ballantyne remains one of South Charlotte’s most durable submarkets — strong employment nodes and a dense retail mix keep demand steady for lower-maintenance homes. As of early 2026, single-family medians in Ballantyne trend higher than the condo market, but well-priced condos, particularly first-floor units, generate rapid interest. Inventory has been relatively tight for move-in-ready condos, supporting modest appreciation. Sellers who price competitively and disclose HOA details upfront typically see multiple-showing traffic within the first 2–3 weeks. For buyers, this unit provides access to desirable schools and amenity clusters while avoiding the upkeep of a single-family yard.

Zoning & land use

Condominium/residential community (multi-unit residential)

Zoning

DescriptionCondominium/residential community (multi-unit residential)
JurisdictionCharlotte/Mecklenburg (municipal)
Current useResidential

Research-indicated uses

  • Residential Condominium Units
  • Accessory Common Area Uses Per HOA Rules
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2014-09-26$152,900
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Unit size: 1,012 SF; built in 2006.
  • List price: $299,990; price/SF ≈ $296.58.
  • Mandatory HOA (dues required) — fee amount not provided; verify prior to contract.
  • Parking is surface lot; no private garage recorded.
  • Days on market (as of scrape): 3 — indicates early interest or fresh listing timing.
Highlights & features

What stands out about this property.

Interior Features

  • 1,012 SF one-level layout
  • 2 bedrooms, 2 full bathrooms
  • Tile and carpet flooring
  • Electric cooktop, oven and range
  • Central air conditioning; ceiling fans
  • Insulated windows
  • In-unit laundry

Exterior & Lot

  • First-floor unit with direct exterior access
  • Surface/assigned parking in community lot
  • HOA-maintained grounds and common areas
  • Built in 2006

Location & Neighborhood

  • Ballantyne / South Charlotte submarket
  • Minutes to Ballantyne Village and The Bowl at Ballantyne
  • Close to retail, dining, and corporate parks
  • Quick access to I-485 and regional roads

Walkability & Recreation

  • Walkability Rating: 35/100
  • Nearby parks, walking paths, and boutique retail within a short drive
  • Good bike and driving connections for regional recreation
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin (pre-scraped JSON)View source
2
CANOPYMLS as Distributed by MLS Grid
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.