Property listing for 11949 Ridgeway Park Dr, Charlotte, NC 28277
For SaleCondo

$270,000

11949 Ridgeway Park Dr, Charlotte, NC 28277

Updated 2-Bed, 2-Bath Ballantyne Condo with Attached Garage

2 Bed · 2 Bath · 1,152 Sq Ft

Move-in ready unit with community pools, fitness center, and tennis court

2

Beds

2

Baths

1,152

Sq Ft

2004

Built

1-car attached + assigned parking space

Garage

About 11949 Ridgeway Park Dr

What sets this Ballantyne condo apart is practical convenience: a ground-level, single-story floor plan with an attached one-car garage and an additional assigned space, all steps from the community greens. Inside 1,152 square feet you’ll find durable laminate floors throughout, updated ceiling fans, and a kitchen equipped with stainless-steel appliances — details that speak to low-maintenance living and immediate occupancy. The living area opens to a comfortable dining alcove, and the two-bedroom layout provides private primary-suite living with a second full bath for guests.

The community lifestyle is a major draw. Owners here enjoy two swimming pools, a clubhouse, fitness center, tennis court and picnic areas—amenities that are covered by the HOA alongside exterior maintenance, landscaping, trash, water and sewer. HOA dues are $371/month, which consolidates many routine costs and simplifies ownership for buyers who prefer turnkey, amenity-driven living in an established neighborhood.

Location is quintessential Ballantyne: commercial and recreational anchors are minutes away. Ballantyne Village shopping and restaurants are about 0.8 miles, Ballantyne Country Club about 1.2 miles, StoneCrest at Piper Glen roughly 1.5 miles and Morrison Family YMCA around 1.0 mile. Highly rated schools in the Charlotte-Mecklenburg district—Ardrey Kell High, Community House Middle and Elon Park Elementary—add strong appeal for families and long-term buyers.

From a value perspective, recent nearby sales cluster in the $265K–$275K range; this unit’s estimated market midpoint is $270,000 ($234/SF). The property was purchased in April 2024 for $263,000, and comps in the immediate Ridgeway Park Drive pocket show quick movement—condos here typically sell within about 30 days in the current seller’s market. For investors, current rental projections are $1,800–$2,000/month based on local lease comparables, producing a robust gross rental yield for the submarket.

Buyers should note the building’s 2004 construction and perform standard due diligence on major systems, and review HOA governing documents given the monthly fee. Overall, this is a well-maintained, move-in-ready condo that pairs low-upkeep interiors with strong Ballantyne amenities and easy access to shopping, dining and commuter routes.

Home Highlights

Move-in readyAttached 1-car garage + assigned parkingCommunity amenities: pools, fitness center, tennis courtLaminate flooring and stainless-steel appliancesHOA covers water, sewer, trash and exterior maintenanceClose to Ballantyne Village and top-rated schools

Property Features

Interior Features

  • 2 bedrooms / 2 full bathrooms
  • 1,152 square feet, single-story layout
  • Laminate flooring throughout
  • Stainless-steel appliances
  • Updated ceiling fans
  • Comfortable dining alcove

Exterior & Lot

  • 1-car attached garage plus 1 assigned parking space
  • Ground-level unit with nearby community green space
  • HOA-maintained exterior and landscaping
  • Roof: shingle (original to 2004 construction)
  • Exterior trash and water/sewer included in HOA

Location & Neighborhood

  • Ballantyne neighborhood — close to Ballantyne Village (0.8 mi)
  • Ballantyne Country Club (1.2 mi) and StoneCrest at Piper Glen (1.5 mi)
  • Easy access to I-485 for regional commuting
  • Morrison Family YMCA and Elon Park within ~1 mile
  • Highly rated Charlotte-Mecklenburg schools nearby

Walkability & Recreation

  • Walkability Rating: 50/100 — Some errands are walkable; car helpful for many trips
  • Nearby parks and green spaces: Elon Park (0.7 mi)
  • Hiking and biking: local neighborhood trails and greenways within short drives
  • Golf courses: Ballantyne Country Club (1.2 miles)
  • Running/walking paths nearby and community tennis courts
  • Community recreation facilities: pools, fitness center, clubhouse

Neighborhood & Location

Ballantyne is an established, amenity-rich pocket of South Charlotte favored by professionals and families. The neighborhood blends office parks, restaurants, and shopping—Ballantyne Village and StoneCrest are minutes away—while suburban green spaces, country club access and community recreation give residents easy options for fitness and leisure. Strong schools and convenient access to I-485 make the area commuter-friendly and attractive for long-term ownership and rental demand.

Market Insights

Ballantyne remains a seller-favorable market with limited condo inventory and steady demand from professionals and families. Current market metrics show roughly 2.5 months of inventory and an average days-on-market near 30 days for similar units—indicating homes are turning over quickly. Median sale prices in the immediate area sit around $275,000, and short-term appreciation has been modest but positive (approx. 5% year-over-year and ~25% over five years). Condos in this submarket are competitive: recent comparable sales within half a mile traded between $245K and $266.5K, with one sale as recent as January 2026 at $265K. Rental demand is solid; lease comps suggest achievable rents of $1,800–$2,000/month and a gross rental yield near 8.4%, supporting investor interest. For buyers, the current conditions favor sellers but still offer opportunity—especially for those seeking low-maintenance living or a turnkey rental in a high-demand pocket. Sellers can expect brisk interest, while buyers should be prepared with financing and quick decisions. Always verify HOA financials, rules, and the condition of major systems before closing.

Nearby Schools

Ardrey Kell High

High · close proximity

9/10

Community House Middle

Middle · close proximity

10/10

Elon Park Elementary

Elementary · close proximity

8/10

Walkability & Recreation

50
Walkability
78
Recreation

Very good recreational access with community pools, tennis courts and fitness center on-site, Ballantyne Country Club less than 1.5 miles away, and neighborhood parks and YMCA within a mile for daily activity options.

Investment Highlights

  • Move-in ready with recent updates reducing near-term maintenance
  • Located in the desirable Ballantyne area with access to upscale amenities
  • Highly rated schools within close proximity enhance family appeal
  • Community amenities include pools, fitness center, and tennis court
  • Attached garage and assigned parking space provide convenience

Key Findings

  • Property purchased in April 2024 for $263,000 ($228/SF)
  • Assessed value $216,632 — annual taxes $1,826
  • Zoned R-8MFCD — Multi-Family Residential
  • Comparable sales within 0.5 miles in last 6 months range $265K–$275K
  • Average days on market in Ballantyne: 30 days (seller's market)

Things to Consider

  • Built in 2004 — systems may require inspection for age-related maintenance
  • HOA fees of $371/month — buyers should review HOA regulations and financials
  • Limited walkability — Walkability Rating estimate: 50/100

Opportunity Analysis

Well-maintained condo in a prime Charlotte neighborhood with recent updates and access to community amenities. Strong market demand and limited inventory suggest potential for appreciation. Suitable for primary residence or rental investment.

Potential Use Scenarios

  • Potential primary residence in a sought-after neighborhood
  • Strong rental demand in Ballantyne area — estimated rent of $1,800–$2,000/month
  • Monitor HOA regulations and fees for any upcoming changes

Risk Factors

  • Age of property — potential for maintenance on original systems
  • HOA fees may impact affordability for some buyers
  • Limited walkability may affect appeal to certain demographics

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

AI Valuation Estimate

Low

$265K

Midpoint

$270K

High

$275K

$234/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and amenities. Assessed value of $216,632 appears below market.

As of 2026-03-08

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$275,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$85,000

Ballantyne area has experienced significant growth over the past decade, attracting professionals and families. Walkability Rating estimate: 50/100.

Nearby Points of Interest

  • Ballantyne Village Shopping Center (0.8 mi)
  • StoneCrest at Piper Glen (1.5 mi)
  • Ballantyne Country Club (1.2 mi)
  • Morrison Family YMCA (1.0 mi)
  • Elon Park (0.7 mi)

Close proximity to shopping centers, dining options, and recreational facilities in the Ballantyne area. Easy access to I-485 for commuting.

School District

DistrictCharlotte-Mecklenburg Schools
ElementaryElon Park Elementary (8/10)
MiddleCommunity House Middle (10/10)
HighArdrey Kell High (9/10)

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

Property Details

Building Details

Year Built2004
Constructionwood frame
Stories1
Roofshingle
Heatingheat pump
Coolingcentral AC
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Parkingattached_garage_and_assigned_space
Parking Spaces2

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-8MFCD
DescriptionMulti-Family Residential
JurisdictionCity of Charlotte

Allowed Uses

multi family residentialaccessory dwelling unithome occupation
Current Useresidential
Assessor UseCondominium

Tax & Sale History

Tax Assessment

Total Assessed$216,632
Improvements$216,632
Annual Tax (2025)$1,826

Sale History

2024-04-09$263,000

$228/SF

Arm's length transaction

2015-07-15$115,000

$100/SF

Arm's length transaction

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