For Sale $399,900
Experience luxury lakeside living in this beautifully updated penthouse condo located in the sought-after waterfront community of Spinnaker Reach in Davidson, NC. This light-filled 2-bedroom, 2-bath condo offers privacy with no shared walls and features elevator access, and a large covered terrace perfect for relaxing or entertaining. Inside, you’ll find luxury vinyl plank flooring throughout, fresh interior paint, updated lighting and ceiling fans, and a stunning custom stone fireplace with gas logs that anchors the spacious family room. The updated kitchen is designed for both style and functionality with quartz countertops, stone tile accents at the eat-in peninsula, a stylish backsplash, updated sink and fixtures, plus stainless steel appliances including a stove, refrigerator, and dishwasher replaced in 2021. The spacious primary suite features an ensuite bath with double vanity, resurfaced tub and shower surrounds with lifetime warranty, updated mirrors, and designer feature walls. Additional upgrades include cordless blinds, updated bathroom fixtures, HVAC replaced in December 2024, A/C updated in 2018 with a 10-year warranty, and water heater replaced in 2021. A private storage room provides added convenience. Enjoy low-maintenance living with community amenities including lakefront pool and direct lake access. Ideally located near I-77, downtown Davidson, Davidson College, Lake Norman, Mooresville, and Charlotte, this home offers exceptional location to grocery stores, restaurants, shopping, and local parks. This home is being sold $30K under what sellers bought it for AND they put $12K into the unit since purchasing. This is a steal of a deal for a savy buyer!
Elevator, Lawn Maintenance
| List Price: | $399,900 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Condominium |
| Approx Sq. Ft.: | 1020 sqft |
| Parking: | Parking Lot |
| MLS Number: | CAR4385734 |
| Subdivision: | Spinnaker Reach |
| Bathrooms: | 2 |
| Lot Description: | Corner Lot |
| Year Built: | 1999 |
| Sewer Type: | Public Sewer |
| Elementary: | Davidson |
| Middle: | Bailey |
| High: | William Amos Hough |
| Date | Event | Price | $/SQFT |
| 06-25-2026 | Listed | $399,900 | $393 |
| 01-10-2026 | Price Decrease | $239,900-3.65% | $236 |
| 01-03-2026 | Price Decrease | $249,000-0.36% | $245 |
| 11-21-2025 | Price Increase | $249,900+2.21% | $245 |
| 11-15-2025 | Price Decrease | $244,500-0.20% | $240 |
| 10-28-2025 | Price Decrease | $245,000-3.92% | $241 |
| 08-22-2025 | Listed | $255,000 | $250 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Community School of Davidson | 1 miles | KG-06 | 10 |
| Davidson Elementary | 1 miles | KG-05 | 10 |
| Cornelius Elementary | 2 miles | KG-05 | 8 |
| Langtree Charter Academy | 2 miles | KG-06 | 9 |
| J.V. Washam Elementary | 3 miles | KG-05 | 8 |
| Thunderbird Preparatory School | 4 miles | KG-05 | 6 |
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 |
| 706 Northeast Drive, Davidson NC | 0 mi | $399,900 | days | |
| 714 Northeast Drive, Davidson NC | 0.1 mi | $537,500 | days | |
| 930 Jetton Street, Davidson NC | 0.1 mi | $689,000 | days | |
| 921 Northeast Drive, Davidson NC | 0.1 mi | $439,900 | days | |
| 262 Harbour Place Drive, Davidson NC | 0.2 mi | $650,000 | days | |
| 367 Northwest Drive, Davidson NC | 0.3 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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| 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 Berkshire Hathaway HomeServices Carolinas Realty
706 Northeast Drive, Davidson NC is a 1020 ft2 . This is for $399,900. This has 2 bedrooms, 2 baths, and was built in 1999.
Based on information submitted to the MLS GRID as of 2026-06-25 11:01:23 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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