$419,900
5004 Cherry Gum Ct #46, Matthews, NC 28105
New Charleston-Style Duet — 3BR/2.5BA, 1,385 SF — 2 Miles to Downtown Matthews
3 Bed · 2.5 Bath · 1,385 Sq Ft
Turnkey new-construction duet with office, separate dining, HOA-covered utilities.
3
Beds
2.5
Baths
1,385
Sq Ft
2026
Built
HOA-maintained common lot (exact lot size varies)
Lot
Rear-load garage (alley access) — verify with agent
Garage
About 5004 Cherry Gum Ct #46
Step into a freshly completed Charleston-style duet that lives like a single-family home. Built in 2026 and finished with designer touches, this 1,385 square-foot plan delivers an efficient, well-appointed layout: a welcoming foyer, a separate dining area ideal for weekday meals or hosting, and an open living/kitchen footprint anchored by 42" cabinets, granite counters and a stainless appliance package. The main level features durable luxury vinyl plank flooring and recessed LED lighting for a clean contemporary finish.
Upstairs the primary suite is paired with a designated office space off the bedroom — a thoughtful arrangement for buyers who need a quiet workspace without sacrificing private sleeping quarters. Two additional bedrooms and a full bathroom complete the upper level, giving a balanced 3-bedroom configuration with 2.5 baths. Practicality is evident throughout: a drop zone off the rear-load garage, plentiful storage, and simplified exterior care through HOA-maintained yards.
The community is intentionally small — roughly 62 homes — with pocket green spaces, hammock stations, walking trails, sidewalks, a playground and a bark park for pets. Alley streets behind the homes preserve the front lawn aesthetic and make daily comings-and-goings feel tidy. Located about two miles from charming downtown Matthews, you're minutes from boutiques, restaurants and seasonal events while retaining a suburban, family-friendly setting.
This unit is offered move-in ready. Ask the listing agent about builder incentives and the HOA package — agent materials indicate HOA dues include water, sewer and lawn maintenance, a major convenience for owners seeking low upkeep. Contact Susan Baumann for details and a private tour.
Home Highlights
Property Features
Interior Features
- 3 bedrooms, 2.5 bathrooms
- 1,385 sq ft across two levels
- Designer kitchen: 42" cabinets, granite counters, stainless appliances
- Luxury vinyl plank flooring on main level
- Separate dining room and dedicated office off primary bedroom
- Recessed LED lighting and modern finishes
Exterior & Lot
- Charleston-style exterior
- Rear-load garage with alley access (per agent)
- Community green spaces and hammock stations
- Walking trails, sidewalks, playground and bark park
- HOA-maintained landscaping (agent notes HOA covers water, sewer, lawn)
Location & Neighborhood
- ≈2 miles to Downtown Matthews — restaurants, shops, events
- Easy access to I-485 / Charlotte employment nodes
- Small, quiet community (≈62 homes)
- Suburban, family-friendly neighborhood character
Walkability & Recreation
- Walkability Rating: 55/100
- Nearby parks and community trails
- Bark park for dogs and neighborhood playground
- Short drives to larger green spaces and regional trails
Neighborhood & Location
Matthews is a well-established southeast Charlotte suburb prized for its tree-lined streets, frequent community events, and a historic downtown core filled with independent shops and restaurants. The area blends quiet residential neighborhoods with walkable amenities and is popular with families and professionals seeking a slower pace without losing access to Charlotte's job centers. This small Cherry Gum community emphasizes shared green spaces and low-maintenance living.
Market Insights
Matthews remains a sought-after pocket of the Charlotte metro for buyers seeking a suburban lifestyle with easy access to downtown amenities. New-construction duet and townhome products have been in demand because they offer modern finishes with lower maintenance obligations than detached homes. As of early 2026 the local market favors sellers for well-equipped, well-located new builds; median prices in the Matthews area for similar-sized new construction typically land near the low-to-mid $400k range and inventory levels stay relatively tight. Buyers should expect limited negotiating room when competing offers exist, but opportunities arise for buyers who verify HOA terms and select units that deliver strong functional layouts and included utilities. For investors, rental demand is steady among professionals and small families given proximity to employment corridors and strong local schools.
Nearby Schools
Matthews Elementary School
Elementary · 1.5 mi
Crestdale Middle School (or area CMS middle)
Middle · 2.0 mi
David W. Butler High School
High · 3.5 mi
Walkability & Recreation
Community walking trails, playground and a dedicated bark park provide easy everyday recreation; larger regional parks and greenways are a short drive away.
Investment Highlights
- Brand-new 2026 construction with modern finishes — minimal near-term maintenance
- Compact 1,385 SF footprint with efficient layout: separate dining + office off primary
- HOA reportedly includes water, sewer and lawn maintenance — strong appeal to low-maintenance buyers
- Small community (≈62 homes) with trails, playground and bark park; about 2 miles to downtown Matthews
Key Findings
- List price: $419,900; price/sf ≈ $303
- 3 beds, 2.5 baths, 1,385 SF; Charleston-style duet
- AVM roughly $419,400 supports listing price
- Community amenities and HOA-covered utilities reduce carrying responsibilities
- New construction in a constrained local inventory supports pricing near list
Things to Consider
- MLS import shows no garage — agent description references rear-load garage; verify actual parking
- HOA flag in scraped data was false despite agent notes — confirm HOA structure and dues
- Limited lot size and attached/duet product can compress resale value in oversupplied market segments
Opportunity Analysis
Buyers seeking low-maintenance, new-construction housing near downtown Matthews should value convenience, finishes, and HOA-covered services. Short-term investors could list as a premium rental to local professionals or small families; owner-occupiers will benefit from turnkey condition and small-community amenities.
Potential Use Scenarios
- Buyer: negotiate modest credits on finishes or closing costs if inspection uncovers minor punch-list items; confirm HOA obligations before offer.
- Investor: consider 1–2% cap-ex reserve for condo/duet HOA dues and set rental at market for 3BR near Matthews.
- Seller/Listing: market as low-maintenance home for downsizers and young families; highlight HOA-covered utilities and proximity to downtown Matthews.
Risk Factors
- Possible mismatch between advertised and actual parking/garage configuration
- HOA covenant restrictions that could limit short-term rental or exterior modifications
- Local shifts in new-construction supply in Matthews could pressure per-sf pricing
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$395K
Midpoint
$420K
High
$445K
$303/SF estimated price per square foot
Estimate anchored to list price ($419,900) and AVM ($419,396) with +/- ~5-6% range. Price per sq ft (list) = $303. Range reflects recent new-construction and small-community premiums in Matthews and typical market variability for 1,200–1,600 SF new homes in the area. No live comparable sales pull was performed.
As of 2026-03-11
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 and the broader southeast Charlotte suburbs have seen steady household growth and continued demand for new-construction townhome/duet products due to proximity to employment centers and quality schools.
Nearby Points of Interest
- Downtown Matthews (≈2.0 mi)
- I-485 (≈6-8 mi)
Short drive to charming downtown Matthews shops and restaurants, local parks and trails; regionally accessible to Charlotte metro via I-485. Community offers pocket parks, trails and a dog park/bark area.
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
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