$450,000
501 Kenlough Dr, Charlotte, NC 28209
4 bed · 2 bath · 1,746 sq ft
4
bedrooms
2
baths
1,746
sq.ft.
$258
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Rare corner lot opportunity in the highly sought-after and rapidly growing Collingwood/Madison Park area! Surrounded by stunning renovated homes and luxury new construction, this property offers incredible potential for investors (to flip and/or rent), builders, or buyers looking for their new home! One of the larger original homes in the neighborhood, it features a great floor plan, mid-century charm, and tons of renovation potential! N1-B zoning may also offer exciting redevelopment opportunities, including a potential luxury single family or duplex! Situated on a beautiful corner lot with a private backyard and peaceful pond and creek views. Just minutes from Uptown, South End, LoSo, and Park Road Shopping Center! No HOA and an unbeatable location! **PLEASE NOTE:** We understand there have been concerns regarding the sloping and uneven basement floors. The sellers had IDE Engineering evaluate the property, and their report and recommended repairs are available in the MLS attachments. Based on the engineer's findings, the recommended work is primarily cosmetic rather than a major structural concern. A quote for the recommended self-leveling repairs is also attached. **With an acceptable offer, the seller is willing to complete the repairs, provide a full credit, or negotiate a price reduction to account for the work.** A great opportunity with multiple options for buyers! Based on comparable sales, investing around **$50,000-$100,000** into the home improvements could create significant instant equity. Once renovated, the home has the potential to be worth **close to $700,000 or MORE**, making it an excellent opportunity for someone looking to build equity or potentially renovate and resell. Given the home's size and the comparable sales in the area, this is a fantastic investment opportunity!
This listing shows the Down Payment Resource indicator in Canopy MLS. Explore programs through the link above. Eligibility is not guaranteed. Browse all homes with down payment assistance.
LISTING COURTESY OF: HELEN ADAMS REALTY
maryhelen@helenadamsrealty.com
About the Neighborhood
Homes for sale in 28209 deliver one of Charlotte's most compelling combinations of walkable neighborhood charm and geographic convenience, spanning the sought-after communities of Myers Park South, Sedgefield, and Quail Hollow. The architectural character is defined by mid-century brick ranches and traditional Cape Cods alongside a growing inventory of thoughtfully designed new construction and expanded renovations that preserve neighborhood scale. Residents enjoy walkable proximity to Park Road Shopping Center, one of Charlotte's original retail anchors, as well as the trails and athletic facilities of Park Road Park, a beloved Mecklenburg County green space. The SouthPark Mall employment and retail corridor is a five-minute drive via Woodlawn Road, and Uptown Charlotte is accessible in under 15 minutes via South Boulevard, with the LYNX Blue Line's Woodlawn and Tyvola stations providing convenient rail alternatives. The 28209 real estate market draws consistent demand from buyers seeking established neighborhood aesthetics, mature tree canopy, and a central location that keeps the entire Charlotte metro within easy reach.
Property Features
Property Description
- Beds Total: 4
- Bathrooms: 2 Full
- Year Built: 1958
- Living Area: 1,746 sqft
- New Construction: No
- MLS #: 4382282
Additional Home Features
- Subdivision: Ashbrook
- Neighborhood: Ashbrook
Association
- HOA Required: No
Utilities
- Cable Available
- Cable Connected
- Natural Gas
Interior Features
- Attic Stairs Pulldown
- Open Floorplan
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Laundry Room
- Lower Level
Appliances
- Dishwasher
- Microwave
- Oven
- Refrigerator
- Washer/Dryer
Construction Materials
- Brick Partial
- Vinyl
- Foundation: Crawl Space
- Roof: Architectural Shingle
Cooling
- Ceiling Fan(s)
- Central Air
Foundation Details
- Crawl Space
Heating
- Central
Laundry Features
- Laundry Room
- Lower Level
Levels
- Split Level
Parking Features
- Driveway
Exterior Features
- Fencing: Back Yard
- Patio/Porch: Patio, Porch
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Asphalt, Paved
Sewer
- Public Sewer
WaterSource
- City
Flooring
- Tile
- Wood
Fireplace
- Fireplace: No
Tax and Financial Info
- Listing Terms: Cash, Conventional, FHA, VA Loan
Location
Similar homes nearby
$450,000
Est. Payment: $2,313/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Charlotte, NC 28209
4
bedrooms
2
baths
1,746
sq.ft.
$258
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of Helen Adams Realty
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
Listing information © 2026 Canopy MLS. All rights reserved.