For Sale $199,900
FANTASTIC INVESTMENT OPPORTUNITY at Badin Lake! This property is zoned commercial but approved for residential living according to the county permitting office. Formerly a marine boat shop this garage and work area could be perfect for running a new business, renting, or just plenty of space for hobbies and storage. The unfinished home is framed out for a 2 bed, one bath, open concept Livingroom, dining, and kitchen area. All new roughed in electrical and new HVAC system. Metal roof installed in 2024 along with new vinyl siding and windows. Use your imagination to create a home that is your own personal style for full-time, part-time, long-term rental, or Airbnb! With lake views this property is a rare find at this price. Schedule your showing today!
Open Floorplan, Other - See Remarks
| List Price: | $199,900 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Parking: | Attached Garage, Garage Shop, RV Access/Parking |
| MLS Number: | CAR4413315 |
| Subdivision: | Pinehaven |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Corner Lot, Views |
| Year Built: | 1971 |
| Sewer Type: | County Sewer, Septic Installed, Other - See Remarks |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 08-28-2026 | Listed | $199,900 | N/A |
| 12-31-2025 | Price Decrease | $2,900,000-3.24% | N/A |
| 11-19-2025 | Listed | $2,997,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Badin Elementary School | 7 miles | KG-05 | 6 |
| Richfield Elementary School | 9 miles | KG-05 | 5 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 225 Eighth Avenue, New London NC | 0 mi | $199,900 | days | |
| 918 Pinehaven Drive, New London NC | 0.1 mi | $735,000 | days | |
| 162 Fifth Avenue, New London NC | 0.3 mi | $255,000 | days | |
| 734 Pinehaven Drive, New London NC | 0.3 mi | $685,000 | days | |
| 159 Hillcrest Road, New London NC | 0.4 mi | $175,000 | days | |
| 634 Pinehaven Drive, New London NC | 0.4 mi | $889,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Yadkin Valley Real Estate, Inc
225 Eighth Avenue, New London NC is a 0 ft2 on a 0.780 acres lot. This is for $199,900. This has 2 bedrooms, 1 baths, and was built in 1971.
Based on information submitted to the MLS GRID as of 2026-08-28 21:35:48 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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