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.
Light-Filled 4-Bed Home with Bonus Room Near Downtown Matthews
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.
A 2006 single family on 0.27 acres.
Building
Site & utilities
Phillips Woods / Matthews (suburban residential)
Researched nearby locations
Location
2718 Phillips Woods Ln, Matthews, NC 28105
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.
Close access to Matthews Community Park and nearby greenways provides above-average recreational options for walking, biking and organized youth sports.
A factual market snapshot around 2718 Phillips Woods Ln.
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.
Residential single-family zoning (suburban), typical single-family lot and house form
Zoning
Research-indicated uses
- Single Family Detached Residence
- Accessory Structures Per Municipal Code (Sheds, Small Outbuildings Subject To Permits)
- Home Occupations (Limited)
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
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
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.