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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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602 Pearl Bay Dr , New London, NC 28127
$1,200,000
Est. Payment: $6,183.85/mo
3 Bed
3 Bath
2998 Sqft
Status: pending | Days on site: 35
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Welcome to 602 Pearl Bay Drive, a truly exceptional waterfront property situated on 0.79 acres with more than 200 feet of shoreline and its own private dock.Located in Heron Bay, one of the most desirable gated communities on Badin Lake, this home is also just minutes from Old North State Golf and Country Club. From the moment you arrive, you are greeted by lush landscaping thoughtfully designed by a master gardener when the home was originally built. The grounds are truly a work of art, with an incredible variety of plantings that bloom throughout the seasons. Rock gardens, a koi pond, flagstone terraces, and multiple viewing areas provide beautiful places to enjoy the lake and spectacular sunsets. The covered, screened entertaining porch offers more than 400 square feet of additional living space and was thoughtfully designed to complement the home and its natural surroundings. A covered porch nearly wraps around the entire residence, creating even more opportunities to relax and enjoy the peaceful waterfront setting. As you enter the home, you are welcomed by heart pine flooring, soaring ceilings, and remarkable architectural elements rarely found in homes today. Handcrafted details are featured throughout, including custom details surrounding on the windows and doors, as well as a beautifully crafted railing. The primary suite is conveniently located on the main level. The daylight walkout basement includes a spacious family room, a butler’s bar, two additional bedrooms, an office, and multiple storage areas. From the lower level, you can walk directly outside to the covered two-car carport, beautifully finished with stacked stone and cedar. The home’s cedar exterior and cedar shake roof enhance its timeless character, while a whole-house generator provides additional comfort and peace of mind. 602 Pearl Bay Drive is a one-of-a-kind waterfront retreat where exceptional craftsmanship, thoughtful design, beautiful gardens, and the natural beauty of Badin Lake come together.

Highlights

Listed by Michelle Rhyne , 704-622-0626 and Jake Shell , 704-622-0626 Premier Sotheby's International Realty , 704-727-4170. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.79

HOA Fee

523 Semi-Annually

Year Built

1996

County

Montgomery

Neighborhood

Heron Bay

Listing ID

4396159

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Water Heater, Exhaust Hood, Gas Cooktop, Microwave, Oven
Air Cond:Central Air
Fireplaces:Gas Log,Great Room,Propane
Floor:Carpet,Tile,Wood
Above Ground Sq Ft:1674
Below Ground Sq Ft:1324
Basement:Daylight,Exterior Entry,Finished,Interior Entry,Storage Space,Walk-Out Access,Walk-Up Access
Other:Attic Stairs Pulldown,Central Vacuum,Entrance Foyer,Garden Tub,Kitchen Island,Pantry,Storage,Walk-In Closet(s),Walk-In Pantry,Wet Bar,Other - See Remarks,Has Fireplace,Master on Main
Other:Well

Exterior Features

Lot:Private,Sloped,Wooded,Views,Waterfront,Beach - Private,Boat Slip (Deed),Dock,Retaining Wall
Roof:Wood,Other - See Remarks
Others:Dock - Floating,In-Ground Irrigation
Sewer:Septic Installed
Parking Features:Attached Carport,Circular Driveway,Driveway
Principal Interest
$6,184
Taxes
$765
HOA
$523

Home Price

$1,200,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,183.85

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $6,183.85 $765.00 $523.00 $7,471.85
Yearly $74,206.16 $9,180.00 $6,276.00 $89,662.16
Total $2,226,184.93 $275,400.00 $188,280.00 $2,689,864.93

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (New London, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T23:58:06.000Z

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