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.
Updated 2-Bed, 2-Bath Ballantyne Condo with Attached Garage
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.
See the properties helping shape the valuation.
Comparable sales
- 104 SF larger
- Same year built
- 67 SF smaller
- Same year built
- 67 SF smaller
- Same year built
A 2004 traditional.
Building
Site & utilities
Ballantyne
Researched nearby locations
Location
11949 Ridgeway Park Dr, Charlotte, NC 28277
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.
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.
A factual market snapshot around 11949 Ridgeway Park Dr.
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.
Multi-Family Residential
Zoning
Research-indicated uses
- Multi Family Residential
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 104 SF larger
- 67 SF smaller
What the research supports — and what is still worth verifying.
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)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm condition of major systems (HVAC, plumbing, electrical)
- Review HOA regulations, fees, and financials
- Verify any pending special assessments or litigation involving HOA
- Professional home inspection
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.