For Sale $475,000
Welcome to 5500 & 5434 Milhaven- a truly one-of-a-kind property offering exceptional flexibility and value in one of the area’s most up-and-coming neighborhoods. Featuring a total of 7 bedrooms, this rare find includes a separate mother-in-law suite/apartment with its own private driveway, making it ideal for multigenerational living or an income-producing investment. Nestled on a lush, nearly one-acre (.89) lot, the property offers both space and privacy while remaining conveniently close to local schools and I-77 for easy commuting. With new construction and revitalization all around Milhaven, this move-in ready home is perfectly positioned for future appreciation. Whether you’re an investor seeking strong rental potential or a large family looking for room to grow, this property stands out as an exceptional opportunity and at a great price point for this area! Come see for yourself before it's too late! Please note- 585 sq ft is unpermitted (front of 5434 Milhaven Ln); 2 bedrooms do not have closets but are included in the bedroom count of this listing; same for the 4th bedroom in the main house off the kitchen (used to be one whole room including living area)
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| List Price: | $475,000 |
| Status: | For Sale |
| Bedrooms: | 8 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1858 sqft |
| Parking: | Attached Garage |
| MLS Number: | CAR4315477 |
| Subdivision: | Milhaven |
| Style: | Ranch |
| Bathrooms: | 6 |
| Year Built: | 1976 |
| Sewer Type: | Public Sewer, Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 11-03-2025 | Listed | $475,000 | $256 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Statesville Road Elementary | 0 miles | PK-05 | 5 |
| Hornets Nest Elementary | 2 miles | PK-05 | 4 |
| Lincoln Heights Academy | 3 miles | KG-06 | N/A |
| University Park Creative Arts | 3 miles | KG-05 | 4 |
| Druid Hills Academy | 3 miles | PK-05 | 1 |
| Oakdale Elementary | 3 miles | KG-05 | 2 |
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 |
| 5500/5434 Milhaven Lane, Charlotte NC | 0 mi | $475,000 | days | |
| 5511 Milhaven Lane, Charlotte NC | 0.1 mi | $550,000 | days | |
| 5710 Lambrook Court, Charlotte NC | 0.2 mi | $319,900 | days | |
| 2440 Mint Thistle Court, Charlotte NC | 0.3 mi | $317,750 | days | |
| 2504 Juniper Drive, Charlotte NC | 0.3 mi | $275,000 | days | |
| 4529 Esmeralda Drive, Charlotte NC | 0.3 mi | $329,990 | 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 KimberlyMRealty LLC
5500/5434 Milhaven Lane, Charlotte NC is a 1858 ft2 on a 0.890 acres Appraisal lot. This is for $475,000. This has 8 bedrooms, 6 baths, and was built in 1976.
Based on information submitted to the MLS GRID as of 2025-11-03 12:45:05 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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