Homes/North Carolina/Matthews/2718 Phillips Woods Ln
CompCasa Property Analysis · single_family

2718 Phillips Woods Ln

Light-Filled 4-Bed Home with Bonus Room Near Downtown Matthews

Spacious family plan, bonus room, and convenient Matthews location

4 beds2.5 baths2,776 sq ftBuilt 20060.27 acres2-car attached garage
CompCasa valuation analysis
Estimated market value
$570,000
Low $540,000 · Midpoint $570,000 · High $600,000
Confidence65%Sales comparison approach
Last recorded sale$575,000Mar 6, 2026
CompCasa estimate$570,000Mar 12, 2026
Estimate vs. last recorded sale−$5,000 / −0.9%
$540,000$570,000 midpoint$600,000
Price / sq ft$207
Median sale price$450,000
Avg days on market30 days
Inventory2.5 months

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.

About the property

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.

Property details

A 2006 single family on 0.27 acres.

Building

Year built2006
ConstructionWood Frame (Typical Stick Built Suburban Construction)
HeatingForced Air
CoolingCentral Air

Site & utilities

Lot size0.27 acres
Garage2-car attached garage
Stories2
ConditionGood
BasementNone
FireplaceNo
Improvement notesOpen floorplan with tall ceilings on main level, multiple living areas, dedicated office and upstairs bonus room. Interior appears well maintained based on listing photos.
Lot area11,761 sq ft
TopographyLevel
ParkingAttached Garage And Driveway
Parking spaces4
Parking notes2-car attached garage plus driveway parking for 2 vehicles
AccessStandard residential street access; suburban lane with curb and sidewalk
WaterCity (Municipal)
SewerPublic Sewer
ElectricLikely Duke Energy (Typical For Mecklenburg County) Not Verified
GasLikely Piedmont Natural Gas (Typical For Area) Not Verified
Location & nearby

Phillips Woods / Matthews (suburban residential)

Researched nearby locations

Downtown Matthews (≈1–2 mi)
Matthews Community Park (≈1 mi)

Location

2718 Phillips Woods Ln, Matthews, NC 28105

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

Close access to Matthews Community Park and nearby greenways provides above-average recreational options for walking, biking and organized youth sports.

ElementaryMatthews Elementary School (Charlotte-Mecklenburg Schools) — rating estimate 7/10
Middle schoolCrestdale Middle School (Charlotte-Mecklenburg Schools) — rating estimate 6/10
High schoolDavid W. Butler High School (Charlotte-Mecklenburg Schools) — rating estimate 7-8/10
School districtCharlotte-Mecklenburg Schools
Market context

A factual market snapshot around 2718 Phillips Woods Ln.

Median sale price$450,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation350.0%
5-year appreciation2200.0%
Editorial market perspective

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.

Zoning & land use

Residential single-family zoning (suburban), typical single-family lot and house form

Zoning

DescriptionResidential single-family zoning (suburban), typical single-family lot and house form
JurisdictionMecklenburg County / Town of Matthews (subject to local parcel zoning)
Current useResidential

Research-indicated uses

  • Single Family Detached Residence
  • Accessory Structures Per Municipal Code (Sheds, Small Outbuildings Subject To Permits)
  • Home Occupations (Limited)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2026-03-06$575,000
2026-02-03$550,500
Research findings & due diligence

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
Highlights & features

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin (pre-scraped JSON)View source
2
Canopy MLS (as distributed by MLS Grid)
3
Public Records (as reported in scraped data)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.