For Sale $50,000
SELLING VIA ONLINE AUCTION, LIST PRICE IS OPENING BID. Waterfront Living in the Exclusive Lake Monroe Estates Community! Discover a rare opportunity to own a beautiful waterfront property in the desirable Lake Monroe community! Situated on approximately 1.8 acres, this charming brick home offers 3 bedrooms, 2 bathrooms, and 1,914 square feet of living space, all surrounded by mature trees and a peaceful, secluded setting. Enjoy the beauty and tranquility of direct frontage on Lake Monroe, where scenic water views and a natural landscape create the perfect setting for relaxing, entertaining, or simply enjoying the outdoors. The spacious lot provides privacy and room to spread out, while the established trees add to the property's charm and character. Multiple storage buildings on the property provide additional space for tools, lawn equipment, recreational gear and other storage needs. Despite its quiet, tucked-away location, this property offers convenient access to Monroe and surrounding amenities, providing an ideal combination of privacy and accessibility. Whether you're searching for a primary residence, a peaceful retreat, or a unique waterfront investment opportunity, 516 Wood Duck Point Road offers tremendous potential in one of the area's most desirable communities. Don't miss your chance to BID YOUR PRICE on this exceptional Lake Monroe waterfront property! Public Preview is November 22nd at 3PM. Online Auction Ends December 2nd, 2026 at 6PM. Visit Auction website for video tour and complete terms and conditions.
| List Price: | $50,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1914 sqft |
| Parking: | Attached Garage |
| MLS Number: | CAR4442081 |
| Subdivision: | Lake Monroe Estates |
| Bathrooms: | 2 |
| Year Built: | 1977 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 11-10-2026 | Listed | $50,000 | $27 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Union Academy Charter School | 5 miles | KG-06 | 9 |
| Prospect Elementary School | 7 miles | KG-05 | 5 |
| Wesley Chapel Elementary School | 10 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 |
| 516 Wood Duck Point Road, Monroe NC | 0 mi | $50,000 | days | |
| 1913 Lake Monroe Drive, Monroe NC | 0.1 mi | $519,900 | days | |
| 2818 Castlebrook Drive, Monroe NC | 0.8 mi | $325,000 | days | |
| 1010 Macedonia Church Road, Monroe NC | 0.8 mi | $419,000 | days | |
| 17 Macedonia Church Road, Monroe NC | 1.1 mi | $322,000 | 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 The Swicegood Group Inc
516 Wood Duck Point Road, Monroe NC is a 1914 ft2 on a 1.800 acres Appraisal lot. This is for $50,000. This has 3 bedrooms, 2 baths, and was built in 1977.
Based on information submitted to the MLS GRID as of 2026-11-10 01:25:01 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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