$575,000
2718 Phillips Woods Ln, Matthews, NC 28105
Light-Filled 4-Bed Home with Bonus Room Near Downtown Matthews
4 Bed · 2.5 Bath · 2,776 Sq Ft
Spacious family plan, bonus room, and convenient Matthews location
4
Beds
2.5
Baths
2,776
Sq Ft
2006
Built
0.27 acres
Lot
2-car attached
Garage
About 2718 Phillips Woods Ln
This 2006-built Matthews home delivers a rare combination of flexible living space and a private yard just minutes from Downtown Matthews. The entry flows into a grand open plan highlighted by tall ceilings and large windows that make the main level feel expansive. Main-level design includes a formal or informal living area, a flexible office space that could serve as a study or playroom, and a well-proportioned family room that opens to the kitchen and dining zone—ideal for weekday living and casual entertaining.
Upstairs, the primary bedroom suite is generously sized while three additional bedrooms and a spacious bonus room provide options for media, workout, or hobby use. The bonus room is a centerpiece for family life—set it up as a game room, secondary living area, or home theater. Practical features include a main-level laundry room, forced-air heat, central air, and a two-car attached garage. The 0.27-acre lot provides lawn space and room for a patio or play area without extensive maintenance.
Situated on Phillips Woods Lane, you’re a short drive from the shops, restaurants and events that animate Matthews’ downtown. Commuters have good access to major arterials and the broader Charlotte metro while still enjoying a quiet neighborhood street. The property is part of a mandatory HOA (buyers should review dues and covenants), which supports neighborhood upkeep and curb appeal.
Whether you’re expanding your family, relocating to the Matthews area, or seeking a comfortable long-term rental, this house offers immediate livability with the canvas to personalize. Schedule a showing to see how the floorplan, outdoor space, and bonus room fit your lifestyle.
Home Highlights
Property Features
Interior Features
- 4 bedrooms, 2.5 baths
- Approx. 2,776 SF across two stories
- Open floorplan with tall ceilings on main level
- Versatile main-floor office / flex room
- Upstairs bonus room for media or play
- Main-level laundry room
- Wall oven (per listing), forced-air heat and central A/C
Exterior & Lot
- 0.27-acre lot (11,761 SF) with private backyard
- 2-car attached garage + driveway parking
- Suburban lane with sidewalks and neighborhood greenery
- Low maintenance yard with room for patio or landscaping projects
Location & Neighborhood
- Short drive to Downtown Matthews (shops, restaurants, events)
- Convenient access to commuter routes into Charlotte
- Part of a community with mandatory HOA
- Quiet residential street in established Matthews neighborhood
Walkability & Recreation
- Walkability Rating: 65/100
- Nearby parks and greenways within 1–2 miles
- Easy access to Matthews Community Park and local trails
Neighborhood & Location
Phillips Woods and surrounding Matthews subdivisions offer an established suburban feel with tree-lined streets, single-family yards and a strong sense of community. Downtown Matthews is walkable and hosts farmers markets, restaurants, and year-round events. The area attracts families and professionals who value good schools, short commutes to Charlotte, and a quieter neighborhood environment with easy access to amenities.
Market Insights
Matthews remains one of the stronger suburban markets in the Charlotte metro for buyers seeking family-oriented neighborhoods and good schools. As of early 2026, the local market is more balanced than the ultra-competitive conditions of 2021–2022: inventory has increased slightly and median sale prices are showing steady, single-digit annual gains. Homes that are well located, presented, and priced competitively—especially four-bedroom homes under $700k—continue to attract multiple offer scenarios from owner-occupiers. For investors, Matthews rents remain solid, driven by school quality and commuter convenience to Charlotte. This listing at $575,000 sits above the Matthews median but reflects a larger footprint (2,776 SF), a large lot, and a flexible floorplan that justify a premium compared with smaller, older stock.
Nearby Schools
Matthews Elementary School
Elementary · ≈1.5 mi
Crestdale Middle School
Middle · ≈2 mi
David W. Butler High School
High · ≈3 mi
Walkability & Recreation
Close access to Matthews Community Park and nearby greenways provides above-average recreational options for walking, biking and organized youth sports.
Investment Highlights
- Spacious 2,776 SF with flexible layout: office plus bonus room
- Established Matthews location — short drive to downtown Matthews and commuter routes to Charlotte
- Large lot of 0.27 acres for outdoor projects or play
- Mandatory HOA keeps common areas maintained (verify dues)
- Solid mid-2000s construction with central HVAC and forced air heating
Key Findings
- 4 beds / 2.5 baths; 2,776 SF; built in 2006
- Listed March 6, 2026 at $575,000; public records list a sale at $550,500 (Feb 3, 2026)
- Lot size = 11,761 SF (0.27 acres)
- 2-car attached garage and driveway parking
- Municipal water and sewer; typical suburban utility providers
Things to Consider
- HOA dues and restrictions are not provided—buyer should obtain HOA documents
- Limited tax and title detail in provided data — confirm assessed value and tax liabilities
- Recent short gap between a public-record sale and new listing warrants title and transfer-history review
Opportunity Analysis
Acquire a well-located, move-in-ready Matthews single-family home that appeals to upper-median local buyers and families. Hold as an owner-occupier with upside via targeted interior refreshes, or lease to long-term tenants with modest capex for steady cash flow.
Potential Use Scenarios
- Confirm HOA pack and complete inspection; if cosmetic, pursue light renovations (kitchen hardware, paint, landscaping) to push price toward the high end of the estimate.
- If purchasing as an investor, secure a lease with a 12–24 month term and set rent at market ($2,700–$3,100) after upgrades.
- If owner-occupant, prioritize minor updates that increase appeal: stage main living areas, update lighting, and refresh master bath fixtures.
Risk Factors
- Possible quick resale history could indicate prior short ownership—investigate condition and deferred maintenance.
- Market cooling could press pricing if similar inventory increases in Matthews.
- HOA restrictions may limit exterior modifications or rental use—confirm before committing to value-add exterior projects or short-term renting.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$540K
Midpoint
$570K
High
$600K
$207/SF estimated price per square foot
Estimate anchored to current list price of $575,000 and AVM (~$575,960). Range derived from recent area sales for 3,000± SF, 4-bed single-family homes in Matthews and broader Mecklenburg County adjusted for condition, lot size, and interior features.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Matthews continues to attract families and professionals seeking suburban living with close access to Charlotte. Population and household income have grown modestly over the past 5 years.
Nearby Points of Interest
- Downtown Matthews (≈1–2 mi)
- Matthews Community Park (≈1 mi)
Close to Downtown Matthews dining and retail, neighborhood parks, greenway access, and commuter routes into Charlotte. Short drive to grocery stores, restaurants and services.
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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