For Sale $274,900
Investor-friendly opportunity in Mooresville’s Reed Creek community! This 3 bedroom, 2 bath one-level home offers a practical layout, attached garage, private backyard, no HOA, and strong potential for the right buyer. Please note, this home does need TLC and is not move-in ready. It has been priced accordingly and is being sold as-is. Whether someone is looking for a value-add primary residence, rental property, or renovation opportunity in the Lake Norman / Mooresville market, this property offers multiple paths forward. Conveniently located near shopping, dining, Downtown Mooresville, LangTree, Lake Norman area amenities, I-77 access, and Lowe’s Corporate Campus. A great opportunity for buyers searching for Mooresville NC investment properties, Reed Creek real estate, no-HOA homes, and properties with renovation potential.
| List Price: | $274,900 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1008 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4383565 |
| Subdivision: | Reed Creek |
| Style: | Traditional |
| Bathrooms: | 2 |
| Lot Description: | Wooded |
| Year Built: | 1994 |
| Sewer Type: | Public Sewer |
| Elementary: | Park View / Mooresville IS |
| Middle: | Selma Burke |
| High: | Mooresville |
| Date | Event | Price | $/SQFT |
| 06-05-2026 | Listed | $274,900 | $273 |
| 11-02-2025 | Under Contract | $289,000 | $287 |
| 10-21-2025 | Price Decrease | $289,000-3.34% | $287 |
| 07-26-2025 | Listed | $299,000 | $297 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Coddle Creek Elementary School | 2 miles | PK-05 | 9 |
| Lake Norman Elementary School | 3 miles | PK-05 | 9 |
| Langtree Charter Academy | 3 miles | KG-06 | 9 |
| Lakeshore Elementary School | 3 miles | PK-05 | 8 |
| Shepherd Elementary School | 4 miles | PK-05 | 8 |
| Community School of Davidson | 5 miles | KG-06 | 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 |
| 500 Reed Creek Road, Mooresville NC | 0 mi | $274,900 | days | |
| 396 Reed Creek Road, Mooresville NC | 0.1 mi | $350,000 | days | |
| 272 Rose Street, Mooresville NC | 0.2 mi | $390,000 | days | |
| 134 Meadow Pond Lane, Mooresville NC | 0.3 mi | $410,000 | days | |
| 118 Easy Street, Mooresville NC | 0.3 mi | $420,000 | days | |
| 145 Blue Grass Circle, Mooresville NC | 0.3 mi | $625,000 | 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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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 Real Broker, LLC
500 Reed Creek Road, Mooresville NC is a 1008 ft2 on a 0.220 acres Wooded lot. This is for $274,900. This has 3 bedrooms, 2 baths, and was built in 1994.
Based on information submitted to the MLS GRID as of 2026-06-05 09:16:58 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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