3701 Pelham Ln

Foxcroft, Charlotte, NC · 112 days on market · View on Zillow

3701 Pelham Ln

$7.7M somewhere else buys…

5 bedrooms · 8 baths · 7,352 sqft · 30,492 sqft lot

Built 2026 · 3 Attached Garage spaces · Pool · $1041/sqft (city median $230)

Exceptional Frank Smith design and Whittington Builders Carolina brick-built home offering a refined blend of timeless design and modern functionality. Gorgeous interior selections by Langley Alexander Design, LLC.

What this place offers

  • Private pool
  • Heating: Central, Forced Air
  • Cooling: Central Air
  • 3 Attached Garage spaces
  • Garage
  • Top school rating 7/10 nearby

The numbers

$52K/yr

Property tax (actual rate)

$28K/yr

Insurance (quoted)

Price history

2024$1,900,000
2026 (asking)$7,650,000

Up 303% since 2024

$7,650,000

Down payment20% · $1,530,000
%
Mortgage (principal + interest)$38,281
Property tax$4,335
Home insurance$2,295
All-in monthly$44,911/mo

You'd need about $1,924,755/yr in household income (28% rule) plus $1,530,000 in cash.

Would rent for ~$7,388/mo · 1.2% gross yield

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