$524,990
240 Eden Ave #142, Mooresville, NC 28115
2022 Gambill Forest Home — 4BD/2.5BA, Corner Lot & Community Pool
4 Bed · 2.5 Bath · 2,321 Sq Ft
Turnkey 4-bed home with primary on main, quartz kitchen, pergola patio.
4
Beds
2.5
Baths
2,321
Sq Ft
2022
Built
0.216 acres
Lot
Attached 2-car (≈416 SF)
Garage
About 240 Eden Ave #142
This 2022-built traditional in Gambill Forest offers a spacious, practical layout and modern finishes in a highly amenitized Lake Norman suburb. The main level centers on a generous open plan—a large island kitchen with quartz countertops, a 5-burner gas range, built-in microwave and a flexible dining/living flow ideal for everyday life and entertaining. The main-level primary suite has a roomy walk-in closet and private ensuite, delivering one-floor convenience many buyers seek.
Upstairs, a flexible loft/flex room provides a home office, playroom or media area and is accompanied by three sizeable bedrooms and a full bath. Finishes include laminate and carpet flooring, efficient heat pump/forced-air HVAC, and sliding doors that connect interior spaces to the exterior patio. The expanded concrete patio with a pergola extends living outdoors—perfect for grilling and social evenings.
Set on a large corner lot (about 0.216 acres), the property includes a two-car attached garage and driveway parking. Gambill Forest’s amenities—community pool, clubhouse (available for events), fitness center, sidewalks and green common areas—add lifestyle value and rental appeal. Located minutes from Historic Downtown Mooresville’s dining and shops and a short drive to Lake Norman, this home balances quiet neighborhood living with convenient regional access.
Practical, modern, and move-in ready: this home is an excellent match for families wanting a primary-on-main layout, buyers seeking low-maintenance newer construction, or investors pursuing a strong rental in the Lake Norman corridor. Schedule a showing to see how this home checks the boxes for in-town convenience and community living.
Home Highlights
Property Features
Interior Features
- 4 bedrooms, 2.5 bathrooms
- Open floor plan with large kitchen island
- Quartz countertops throughout kitchen
- 5-burner gas range and built-in microwave
- Primary suite on main level with walk-in closet
- Upper-level flex/loft space
- Laminate and carpet flooring
- Laundry room on lower level
Exterior & Lot
- Corner lot ≈0.216 acres (9,408 SF)
- Expanded concrete patio with pergola
- Attached 2-car garage (≈416 SF) and driveway
- Low-maintenance yard and community landscaping
- Sidewalks and neighborhood green spaces
Location & Neighborhood
- Gambill Forest community with pool, clubhouse & fitness center
- Minutes to Historic Downtown Mooresville (dining & shops)
- Short drive to Lake Norman recreational access
- Convenient access to I-77 and regional employment centers
Walkability & Recreation
- Walkability Rating: 55/100
- Sidewalk network in neighborhood, community pool and green spaces
- Nearby parks and Lake Norman access for boating, trails and fishing
Neighborhood & Location
Gambill Forest is a master-planned neighborhood in Mooresville offering family-oriented streets, sidewalks, green spaces and a community pool and clubhouse. The area attracts buyers who want newer subdivisions with active HOA maintenance and amenities, while still being a short drive to Historic Downtown Mooresville and Lake Norman recreational activities.
Market Insights
Mooresville and the Lake Norman corridor remain in demand for 3–4 bedroom newer homes due to proximity to Charlotte employment centers and recreational access to the lake. Inventory in 2026 is relatively tight for recently built product, producing faster sales and price resilience. Median single-family prices in the broader area sit below this listing’s price, reflecting the premium buyers pay for newer construction, community amenities and larger lots. Expect competitive showings when marketed clearly to buyers prioritizing turnkey condition and amenity access. For investors, current rent estimates and the property’s condition support a solid gross yield; for owner-occupiers, the primary-on-main layout and low immediate repair needs justify paying near list when financing remains favorable.
Nearby Schools
Newell Elementary
Elementary · ≈1.5–2.0 mi
Mooresville Middle School
Middle · ≈2.0–3.0 mi
Mooresville High School
High · ≈2.0–3.5 mi
Walkability & Recreation
Strong access to Lake Norman recreation and neighborhood amenities (pool, clubhouse, sidewalks). Good for active families and outdoor enthusiasts.
Investment Highlights
- Newer construction (2022) — minimal immediate capital expenditures expected.
- Primary suite on main level appeals to multi-generational buyers and downsizers.
- Large corner lot with expanded patio and pergola for outdoor living.
- Community resort-style amenities (pool, clubhouse, fitness center) increase rental and resale appeal.
- Two-car garage plus driveway parking; efficient open floor plan for family living.
Key Findings
- Listed at $524,990 (MLS 4352944) with AVM near $523k.
- 2,321 SF, 4 beds, 2.5 baths — built 2022, excellent condition.
- Lot size ~0.216 acres (9,408 SF), corner position in Gambill Forest.
- Community HOA is mandatory; buyer should confirm dues and policies.
- Near Historic Downtown Mooresville and Lake Norman recreational access.
Things to Consider
- HOA covenants, fees and rental restrictions unknown — verify prior to offer.
- No public tax/assessed values or detailed title info available in this report.
- Market sensitivity to financing conditions could impact negotiation leverage.
Opportunity Analysis
Acquire a near-new, low-maintenance single-family home in a high-demand Lake Norman submarket with strong owner-occupier and rental appeal. The property’s layout (primary on main), community amenities, and corner lot create both short-term appeal and mid-term resale upside as inventory remains limited for comparable new-ish homes.
Potential Use Scenarios
- Owner-occupy: immediate lifestyle value with low maintenance; pursue standard financing.
- Buy-and-hold rental: target 12–15% down and project market rent of ~$2,800–$3,200/month (see rental estimate).
- Quick resale: list with a focus on turnkey, amenity-driven messaging; a staged presentation could capture buyer premium.
Risk Factors
- Unknown HOA fee amount and rules (could restrict short-term rentals or add assessments).
- Potential local inventory increases of similar build-year product may compress premium.
- Interest rate volatility affecting purchasing power for buyers in the price band.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$495K
Midpoint
$520K
High
$545K
$224/SF estimated price per square foot
Estimate anchored to the MLS list price ($524,990) and AVM ($522,999), adjusted for a 2022-built 2,321 SF home in Gambill Forest with community amenities and corner lot premium. No live comparable sales were pulled; local market knowledge used for spread.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Lake Norman corridor and Mooresville have seen steady in-migration from Charlotte-area buyers seeking suburban homes near the lake; higher-than-average household incomes and family-oriented demographics.
Nearby Points of Interest
- Historic Downtown Mooresville (≈2–4 mi)
- Lake Norman (≈3–5 mi)
Gambill Forest is a suburban, master-planned neighborhood near Lake Norman with a community pool, clubhouse, fitness center, sidewalks and green spaces. Downtown Mooresville offers restaurants, shops and events; regional employment centers and I-77 are a short drive.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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