138 Strand Road

New London, NC
$ 575,000 Beds 4 Baths 3 Sq 1,421
Monthly Estimate* How much can I afford?

Waterfront living at its finest on beautiful Badin Lake in the desirable Lakemont Community. This newly updated 3 bedroom, 2 full bath lake house offers stunning views. The main living area and kitchen has been opened up to capture Badin Lakes beauty. Situated on a peaceful cove just off the main channel, this property provides the perfect balance of privacy and easy lake access. Enjoy a spacious waterfront porch ideal for relaxing or entertaining, along with a lakeside deck for taking in the views. The two car garage includes a bedroom, kitchenette, and full bath above it, offering excellent flexibility for guests, extended family, or additional living space. A concrete driveway with extra parking at the road adds convenience for owners and visitors. With NO HOA fees and rental property opportunities allowed, this home is a rare find for those seeking a personal retreat, investment property, or both. Don't miss your chance to own a beautifully updated Badin Lake waterfront property with incredible views and room to enjoy lake life to the fullest.

Single Family

  • Price
  • $ 575,000
  • City
  • New London
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • MONTGOMERY
  • Half Bathrooms
  • 0
  • Area
  • Montgomery County
  • Lot Size
  • 0.18 Acres
  • Zip
  • 28127
  • Sqr Footage
  • 1,421
  • Year Built
  • 1968
  • Style
  • MLS#
  • 4405795
Listed By: McRae Properties; crystal@thetilleryteam.com
Data Source: Canopy MLS

Features

General

Living Area 1421
Sewer County Sewer
Heating Heat Pump
Cooling Central Air
Utilities Satellite Internet Available,Wired Internet Available
Roof Architectural Shingle
Appliances Convection Oven
Garage Spaces 2
Patio/Porch Features Covered,Deck,Patio,Porch
Construction Materials Vinyl
Year Built 1968
View Water,Year Round
Levels One
Property Subtype Single Family Residence
Parcel Number 6673-14-44-7972
Waterfront Features Boat House
Community Features Lake Access
County Montgomery
New Construction No
Property Type Residential
HOA No
Subdivision Name Lakemont
Garage Y/N Yes
Full Baths 3
High School Unspecified
City New London
Body of Water Badin Lake
Senior Community Y/N No
Open Parking Spaces 2
Lot Size Units Acres
Carport Y/N No
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 240782
Listing Terms Cash,Conventional

Interior Features

Interior Amenities Attic Stairs Pulldown
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1421
Laundry Features In Bathroom
Total Bedrooms 4
Total Baths 3
SqFt Main 1421
SqFt Garage 541
Bedroom 3

Exterior Features

Parking Features Driveway,Attached Garage,Garage Faces Side
Lot Features Waterfront
Water Source County Water
Lot Size Area 0.18
Foundation Details Crawl Space
Road Surface Type Concrete,Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Mooresville, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unspecified Elementary School
Middle School Unspecified Middle School
High School Unspecified High School

Price History

7/20/2026 Listed $585,000
8/27/2026 2% - $575,000

Property vs Zip Code Average in 28127

Price
AVG $910K
$580K
Year Built
AVG 1993
1968
Visits
AVG 142
71
Data Provided by Inside Real Estate®

138 Strand Road New London, NC is a Single Family Home for sale at $575000 with 1421 sqft and a lot size of 0.18 Acres Acre(s). 138 Strand Road New London has 4 bedrooms, 3 baths and was built in 1968. The property's zip code is 28127 which is in New London, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.