Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and age. Assessed value of $335,800 aligns with market estimates.
Contemporary 4-Bed, 3.5-Bath Townhome in Stone Creek, Matthews
This three-story Stone Creek townhome stands out for how it balances modern finishes with low-maintenance living. At 1,734 square feet, the 2023-built layout places shared living spaces on the main level and private bedrooms above and below, giving everyday routines room to breathe. Fine touches include contemporary cabinetry, energy-efficient appliances, and a clean palette that makes upgrading or personalizing effortless.
The main living area opens to a streamlined kitchen and dining zone that easily accommodates weekday routines and weekend gatherings. A thoughtfully located powder room and storage closet keep clutter out of sight, while the attached 1-car garage and driveway provide convenient parking and additional storage. Upstairs, three bedrooms and two full baths deliver comfortable family living; the lower level hosts an additional bedroom and full bath ideal for guests, home office, or multi-generational arrangements.
Stone Creek’s proximity to Stallings Municipal Park (about 0.5 mile) and Four Mile Creek Greenway (about 1 mile) makes outdoor time accessible for jogs, dog walks, and weekend play. Families will appreciate the nearby highly-rated schools — Stallings Elementary, Porter Ridge Middle, and Porter Ridge High — which contribute to the neighborhood’s steady demand. Practical systems (central AC, forced-air heating) and modern construction minimize short-term maintenance while retaining strong resale appeal.
From an ownership perspective, the compact lot and HOA-managed communal areas translate to less yard work and more time to enjoy local amenities. Recent nearby sales of similar Stone Creek townhomes in mid-2023 traded in the high $290s–$300k range; independent valuation places fair market value in the $320k–$340k band, with $330,000 a midpoint estimate. Whether you’re seeking a move-in-ready primary residence, a rental with an estimated monthly rent around $2,100, or a low-maintenance step-up close to Charlotte’s eastern edge, this home combines modern construction, strong schools, and a desirable Matthews address. Buyers should review HOA documents and any potential assessments as part of standard due diligence.
See the properties helping shape the valuation.
Comparable sales
- 14 SF smaller
- Similar lot size
- Same year built
- 14 SF smaller
- Similar lot size
- Same year built
- 14 SF smaller
- Similar lot size
- Same year built
A 2023 modern townhome on 0.04 acres.
Building
Site & utilities
Stone Creek
Researched nearby locations
Location
2102 Trout Lily Ln, Matthews, NC 28104
Stone Creek offers a mix of contemporary townhomes and family-friendly streets just east of Charlotte. Residents benefit from easy access to greenways, neighborhood parks, and Matthews’ town center dining and shopping. The area attracts commuters and families drawn by Union County’s highly rated schools and a lifestyle that blends suburban calm with quick drives to urban amenities. HOA-managed grounds keep upkeep minimal and contribute to a tidy, community-oriented feel.
Very good recreation access with Stallings Municipal Park ~0.5 miles away, Four Mile Creek Greenway ~1 mile away, plus nearby neighborhood green spaces and regional shopping centers for weekend activities.
A factual market snapshot around 2102 Trout Lily Ln.
Matthews is firmly a seller’s market right now: limited inventory (about 2.5 months of supply) and an average days-on-market near 30 days mean well-priced homes typically see multiple offers quickly. Median sale price for the broader Matthews area sits around $589,000, reflecting strong demand and an 11.1% year-over-year increase in values (2024–2025). Townhomes in communities like Stone Creek trend lower than single-family medians—recent local townhome sales clustered around $295k–$305k in mid-2023—but show solid appreciation because of affordability relative to detached homes. Inventory for townhomes is tighter than usual, and the Stone Creek product, with new-construction quality and proximity to top-rated schools, remains desirable for young families and commuting professionals.
For investors, lease comps and rental estimates indicate a rent-per-square-foot near $1.20–$1.22 and an estimated monthly rent around $2,000–$2,200, producing a gross rental yield in the neighborhood of 7–8% before expenses. This moment is favorable for buyers seeking long-term growth or rental cash flow: prices are rising, demand is steady, and well-maintained newer construction in walkable pockets of Matthews moves quickly. Still, purchasers should factor HOA rules, any special assessments, and the smaller lot size into valuation and use-case decisions.
Residential-Varied Style
Zoning
Research-indicated uses
- Single Family
- Townhomes
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
- 70 SF smaller
- 1 fewer bedroom
- 1 fewer bathroom
- 14 SF smaller
What the research supports — and what is still worth verifying.
Key findings
- Property purchased in August 2023 for $309,500 ($178/SF)
- Assessed value $335,800 (land $91,800, improvements $244,000) — annual taxes $2,322
- Zoned R-VS allowing single-family and townhomes
- 3 comparable sales within 0.5 miles in last 6 months range $320K–$340K
- Average days on market in Matthews: 30 days (seller's market)
What stands out about this property.
Interior Features
- 1,734 SF three-story floor plan
- 4 bedrooms, 3.5 bathrooms
- Modern cabinetry and neutral finishes
- Energy-efficient appliances
- Central air and forced-air heating
- Open dining and living area
- Flexible lower-level bedroom/office
Exterior & Lot
- Attached 1-car garage plus driveway
- Low-maintenance 0.039-acre lot
- Level topography with standard frontage on Trout Lily Ln
- Community-maintained landscaping
- Composition roof (2023 construction)
Location & Neighborhood
- Stone Creek community — contemporary townhome cluster
- Easy access to Stallings Rd and Charlotte corridor
- Close to Stallings Municipal Park and Matthews shopping center
- Novant Health Matthews Medical Center within ~2.5 miles
- Top-rated schools (Union County Public Schools)
Walkability & Recreation
- Walkability Rating: 50/100 — Some amenities accessible on foot
- Stallings Municipal Park (≈0.5 mi)
- Four Mile Creek Greenway (≈1 mi)
- Matthews Township Shopping Center (~2 mi)
- Running/walking paths and neighborhood green spaces nearby
- Community recreation facilities managed by HOA
Sources & research confidence.
See where the property research came from and how confidence varies by field.