42640 Moonshine Drive, New London NC

  • 3 Bed
  • 2 Bath
  • 924 ft2
  • 1.2 ac

For Sale $624,900

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Remarks:

SELLER TO PAY BUYER’S CLOSING COSTS with an acceptable offer! Due to the seller’s personal circumstances changing, the seller is motivated to sell and welcomes all reasonable offers. Welcome to this gorgeous lakefront retreat on Badin Lake in New London—set on a private 1.22-acre lot with breathtaking views of the Uwharrie Mountains and the National Forest. This beautifully updated 3-bedroom, 2-bath cottage (1,783 sq. ft.) offers the perfect blend of privacy, comfort, and year-round lake living. Step inside to new LVP flooring on both levels. The kitchen has been completely refreshed with granite countertops, a stylish backsplash, updated appliances, a new sink/faucet, updated lighting, and fresh paint. The bright living spaces feature updated lighting and fresh interior paint, plus wood-burning fireplaces in both the main-level living room and the lower-level entertainment room—perfect for cozy evenings. The bedrooms have been updated with paint throughout, and both bathrooms have been beautifully remodeled. Additional improvements include a refinished staircase leading to a charming rustic-style basement, a fully functioning second kitchen with new granite countertops and backsplash, and new basement appliances. You’ll also enjoy an entertainment/family room with updated lighting. The lower-level bed/bonus room has a closet; note: there are no windows. Outdoor living is just as impressive, featuring a fully screened wraparound slate patio with a hot tub, a freshly stained/painted wraparound upper deck, new water lines, and a new well pump system. Enjoy peace of mind with a metal roof installed less than five years ago, added privacy from chain-link fencing, and multiple storage options including a workshop/storage shed and an additional storage building near the pier. The true showstopper is the waterfront setting—enjoy easy access to the lake and pier via stairs or driveway. This move-in-ready getaway is a rare opportunity to experience peaceful lakefront living with stunning mountain and forest views. SELLER TO PAY BUYER’S CLOSING COSTS with an acceptable offer! Due to the seller’s personal circumstances changing, the seller is motivated to sell and welcomes all reasonable offers.

Exterior Features:

Hot Tub

Interior Features:

Pantry

General Information:

List Price: $624,900
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 924 sqft
Parking: Driveway
MLS Number: CAR4380413
Subdivision: Tall Whit Lake
Style: Cottage
Bathrooms: 2
Lot Description: Private, Rolling Slope, Wooded, Views, Waterfront
Year Built: 1977
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
09-09-2026 Price Decrease $624,900-7.41% $677
08-12-2026 Price Decrease $674,900-2.17% $731
07-21-2026 Price Decrease $689,900-0.72% $747
06-28-2026 Price Decrease $694,900-0.71% $753
05-26-2026 Listed $699,900 $758
09-04-2025 Under Contract $475,000-9.52% $515
07-10-2025 Listed $525,000 $569

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Richfield Elementary School 5 miles KG-05 5
Badin Elementary School 6 miles KG-05 6
Central Elementary School 8 miles KG-05 2
East Albemarle Elementary School 8 miles KG-05 4

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.

Properties For Sale Nearby

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Street Address Distance Status List Price Days on Market
42640 Moonshine Drive, New London NC 0 mi $624,900 days
42484 Moonshine Drive, New London NC 0.4 mi $799,000 days
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Sold Properties Nearby

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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

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28127

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    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.

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    Property Listing Information

    A Courtesy Listing Provided By Home Realty and Mortgage LLC

    42640 Moonshine Drive, New London NC is a 924 ft2 on a 1.220 acres lot. This is for $624,900. This has 3 bedrooms, 2 baths, and was built in 1977.

    Based on information submitted to the MLS GRID as of 2026-05-26 10:16:30 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. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.