514 Magnolia Ave, Charlotte, NC

4 bd · 4 ba · 3,254 sqft Single Family listed at $1,880,000, built in 2007 in the Center City neighborhood.

About this home

Welcome to a stunning and unique Craftsman-style home perched atop one of Dilworth's most desirable locations. Set upon Magnolia Hill, this 4-bedroom, 3.5-bath residence offers 3,254 square feet of elegant living space, thoughtful design, and modern convenience - all just five minutes from Uptown Charlotte. *****Step inside to soaring 10-foot ceilings and elegant crown molding throughout the first floor with 9-foot ceilings upstairs. The home's open concept flows seamlessly from the well-appointed kitchen that boasts a massive island with seating for 8+, premium Wolf appliances, gas burners with a griddle, and a touchless faucet. From the kitchen, enjoy an uninterrupted view across the living area and through tall glass French doors leading to the screened-in back porch. The porch overlooks a cozy patio and green space with fenced-in and natural privacy. *****The home includes two primary suites, one on each floor, and each with its own spacious bathroom, dual sinks, separate walk-in shower, tub and enormous walk-in closets. The downstairs suite also features a luxurious Jacuzzi tub. Two additional bedrooms upstairs share a full bath also with dual sinks. The laundry room and linen closet are also conveniently located upstairs. *****Additional highlights include: * Fresh paint and new hypoallergenic carpet throughout * Smart home features including Alexa-enabled lighting, smart thermostats for both HVAC zones, bathroom lights and fan controls, smart gate and smart garage door system, etc. * Hardwood floors throughout most of the main level, with cozy carpet in the downstairs primary suite, upstairs hallway and bedrooms * A formal dining room at the front of the home * A downstairs versatile flex space-ideal for a music room, home office, or playroom * A fully fenced backyard with electric gate; irrigation system in both front and back yards * Detached garage with smart automatic door and freezer; Level 2 EV charger installed * Carport and side entryway that leads directly to a roomy, 10-foot-high kitchen pantry * Extra shelved storage space tucked under the stairs and accessible from the kitchen * Generous "walk-in" crawl space beneath the house for expansive storage in addition to the upstairs attic spaces * Hidden behind wall TV wires for upstairs primary and downstairs living area TVs *****Located in highly sought-after Dilworth, this home offers quick access to some of Charlotte's best grocery stores, restaurants, parks and community events. In addition, you are only blocks away from South End's unique urban energy, and its own restaurants, retail and rail trail access. *****Don't miss the opportunity to own this hilltop gem that blends timeless design, smart features, and a truly unbeatable location.

Property details

Price: $1,880,000
Bedrooms: 4
Bathrooms: 4
Interior: 3,254 sqft
Price / sqft: $578
Year built: 2007
Lot size: 8,276 sqft
Type: Single Family
Days on market: 4
Est. property tax: $15,416/yr · $1,285/mo · 0.82% NC avg

Estimated monthly payment

Down payment20% ($376,000)

Interest rate6.75%

Principal & Interest$9,755

Property Tax$1,723

Insurance$150

Total$11,628/mo

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Location

This home is located in Charlotte, NC. Browse more Charlotte listings on the Charlotte market page or explore the full Charlotte market report.

About Charlotte: Charlotte is the most populous city in the U.S. state of North Carolina. With a population of 874,579 at the 2020 census, it is the 14th-most populous city in the U.S., seventh-most populous city in the South, and second-most populous city in the Southeast. The Charlotte metropolitan area, with an estimated 2.88 million residents, is the 21st-largest metropolitan area in the U.S. The Charlotte metropolitan area is part of an 18-county combined statistical area with an estimated population of 3.47 million as of 2024. It is the county seat of Mecklenburg County. (source: Wikipedia)

Climate: Average year-round temperature is 62°F with 223 dry days per year and 40.3 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 28203)

This neighborhood skews young (median age 28.7) and is highly educated (51% hold a bachelor's degree) and is primarily renter-occupied (29% owner-occupied). Median household income is $99,507.

Median income: $99,507
Median age: 28.7
Owner-occupied: 29.4%
Bachelor's degree: 51.0%
Census median home value: $736,900

Source: US Census Bureau American Community Survey 5-year estimates.

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$1,880,000