Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and lot size. Assessed value of $304,400 appears below market.
Updated Brick Ranch on 0.26-Acre Lot in Shannon Park
The first thing you notice at 5236 Galway Drive is the low, horizontal profile of a classic midcentury ranch set on a generous, level 0.26-acre lot. Constructed in brick in 1966, the home’s exterior projects durability and calm; broad front lawn and mature shade trees create a private feel despite convenient proximity to Shannon Park’s shopping and services. This stretch of Galway Drive is stable and well-kept, with quick access to Milton Road and nearby retail anchors.
Step inside to 1,728 square feet of single-level living where original hardwoods meet carefully executed updates. The living room centers on a masonry fireplace and opens toward a recently updated kitchen — stainless appliances, tasteful cabinetry, and resilient counters that reflect thoughtful renovation choices without overreach. Three bedrooms and two updated bathrooms give practical flexibility for families or remote workers; the layout keeps day-to-day circulation simple and comfortable while preserving the home’s ranch character. Central AC and forced-air gas heat were maintained to modern standards; overall condition is described as good.
Beyond the rooms, the property’s practical details stand out. The level backyard provides plenty of room for gardening, a play area, or a future outdoor living project. Driveway parking accommodates two vehicles; while there’s no attached garage, the lot footprint provides options for adding covered parking or an accessory structure subject to R-4 zoning. Roof is asphalt shingle and the home has a brick exterior and straightforward mechanicals — buyers should complete a professional inspection and roof assessment as part of due diligence.
From an investment and lifestyle standpoint, this house sits in a Shannon Park market that has shown steady appreciation—median values in the neighborhood rose about 25% from 2020–2025. The property sold twice in December 2025 (listed sales at $280,000 and $290,000) and carries an assessed value of $304,400; comparable recent sales and valuation work suggest a market range near $320,000–$350,000. Proximity to Shannon Park Shopping Center, Novant Health Medical Plaza, Reedy Creek Park, and quick arterial access make this a practical choice for owner-occupants and investors alike. Schedule a showing to see how this brick ranch combines period character with recent updates and real upside in a stable Charlotte neighborhood.
See the properties helping shape the valuation.
Comparable sales
- 19 SF larger
- 1 additional bedroom
- 0.5 additional bathrooms
- Similar lot size
- 1 year newer
- 519 SF smaller
- Similar lot size
- 1 year older
- 454 SF smaller
- Similar lot size
- 2 years newer
A 1966 ranch on 0.26 acres.
Building
Site & utilities
Shannon Park
Researched nearby locations
Location
5236 Galway Drive, Charlotte, NC 28215
Shannon Park blends midcentury residential character with practical access to Charlotte’s east-side amenities. Streets are mature and treed, and the neighborhood hosts a mix of long-term residents, young families, and professionals. Daily errands are easy—local shopping is minutes away—and recreational options include Reedy Creek Park and nearby country-club amenities. The area has experienced meaningful appreciation (about 25% over five years), making it attractive for buyers seeking stable neighborhoods close to services and transit corridors. Note: local public-school ratings are lower than district averages, prompting some families to evaluate alternatives.
Good access to parks and recreational amenities—Reedy Creek Park is about 2 miles away, Charlotte Country Club within 3 miles, and neighborhood green spaces and walking routes are reachable with a short drive.
A factual market snapshot around 5236 Galway Drive.
Shannon Park’s market currently reads as balanced to slightly seller-leaning for well-maintained single-family homes. Inventory sits around 2.5 months—near the threshold where sellers maintain pricing power—and average days on market is approximately 73 days. Median sale price for the area is roughly $385,000, with 5-year appreciation near 25% and modest year-over-year growth reported (about 5% over the past 12 months). For ranch-style single-family homes like this one, demand is steady from both owner-occupants seeking single-level living and investors attracted to reliable rental returns (local rental estimate ~ $2,000/month; rent per sf ~ $1.16). Recent comparables within a half mile show sales from roughly $299k to $375k, and valuation modeling places this property in a $320k–$350k range—suggesting an opportunity to capture appreciation if systems and finishes are modernized. Given current inventory and steady local demand, well-priced homes that combine sound structure and tasteful updates continue to move within a 2–3 month window.
Single Family Residential
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- 8 SF smaller
What the research supports — and what is still worth verifying.
Key findings
- Sold twice in December 2025 for $280,000 and $290,000
- Assessed value of $304,400
- Comparable sales support a market value between $320,000 and $350,000
- Located in a neighborhood with 25% appreciation over 5 years
- Local schools have lower ratings, which may impact family buyers
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning restrictions and allowable uses
- Professional home inspection
- Roof condition assessment
What stands out about this property.
Interior Features
- 1,728 SF single-level ranch layout
- 3 bedrooms, 2 full bathrooms
- Hardwood floors throughout principal spaces
- Recently updated kitchen with stainless appliances
- Updated bathrooms
- Fireplace (masonry)
- Central AC and forced-air gas heating
Exterior & Lot
- Brick exterior construction
- Level 0.26-acre lot (11,326 SF)
- Driveway parking for two vehicles
- Asphalt shingle roof
- Room for potential accessory building or covered parking (subject to R-4 zoning setbacks)
Location & Neighborhood
- Shannon Park neighborhood — established, stable community
- Shannon Park Shopping Center (0.5 mi)
- Novant Health Medical Plaza (1.5 mi)
- Reedy Creek Park (2 mi)
- Charlotte Country Club (3 mi)
Walkability & Recreation
- Walkability Rating: 60/100 — Some errands and amenities within walking distance
- Nearby parks and green spaces: Reedy Creek Park (approx. 2 mi)
- Retail and services within a short walk to a short drive
- Local access to larger recreational routes and city greenways via nearby parks and corridors
- Community recreation and public amenities accessible within a short drive
Sources & research confidence.
See where the property research came from and how confidence varies by field.