For Sale $150,000
This is a great opportunity for investors to acquire an investment asset featuring a mobile home on a .23-acre lot in one of Matthews’ most desirable areas. The primary value is in the land, which offers tremendous potential within a rapidly developing subdivision surrounded by new site-built homes. The property is ideally located just minutes from downtown Matthews, providing easy access to I-485, local schools, shopping, the Four Mile Creek Greenway, and community events. It also offers a convenient commute to Charlotte and the surrounding area. Sold "as-is, where-is" and subject to the seller’s life estate. Cash offers only with Proof of Funds (POF).No HOA. Electricity is provided by Duke Energy, water by Carolina Water Service, and sewer is on septic. The property may qualify for a Matthews Accessory Dwelling Unit (ADU); please refer to the attached regulations or contact Matthews Planning for building requirements and restrictions. Do not walk the property or disturb the tenant. The seller has never lived in the home and makes no representations regarding the structure. For more information regarding the life estate, property details, or showings, please call listing agent. No showings allowed.
Storage
| List Price: | $150,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 720 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4394432 |
| Subdivision: | Eastwood Forest |
| Bathrooms: | 1 |
| Lot Description: | Level, Wooded |
| Year Built: | 1969 |
| Sewer Type: | Septic Installed |
| Elementary: | Matthews |
| Middle: | Crestdale |
| High: | Butler |
| Date | Event | Price | $/SQFT |
| 01-25-2026 | Under Contract | $429,900 | $598 |
| 01-09-2026 | Relisted | $429,900 | $598 |
| 12-22-2025 | Under Contract | $429,900 | $598 |
| 12-19-2025 | Listed | $429,900 | $598 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Matthews Elementary | 2 miles | PK-05 | 10 |
| Socrates Academy | 2 miles | KG-06 | 10 |
| Stallings Elementary School | 2 miles | KG-05 | 10 |
| Antioch Elementary | 3 miles | KG-05 | 10 |
| Elizabeth Lane Elem | 3 miles | KG-05 | 10 |
| McKee Road Elementary | 3 miles | KG-05 | 10 |
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 |
| 4520 Morningwood Drive, Matthews NC | 0 mi | $150,000 | days | |
| 13911 Stillwood Place, Matthews NC | 0.1 mi | $399,000 | days | |
| 13917 Stillwood Place, Matthews NC | 0.1 mi | $365,000 | days | |
| 5014 Forestmont Drive, Matthews NC | 0.3 mi | $365,000 | days | |
| 4806 Hickory Glen Drive, Matthews NC | 0.4 mi | $550,000 | days | |
| 5121 Morningwood Drive, Matthews NC | 0.4 mi | $450,000 | 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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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Howard Hanna Allen Tate SouthPark
4520 Morningwood Drive, Matthews NC is a 720 ft2 on a 0.230 acres lot. This is for $150,000. This has 2 bedrooms, 1 baths, and was built in 1969.
Based on information submitted to the MLS GRID as of 2026-09-24 15:07:00 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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