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John KurtzNational Real Estate

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New London · New London, NC

602 Pearl Bay Drive

New London, NC · 2,998 sqft

$1,200,000

  • 3Beds
  • 2.5Baths
  • 2,998SqFt
  • 1996Year

About this home

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.

Property details

Beds
3
Baths
2.5
SqFt
2,998
Lot
Year built
1996
Type
Single Family
Style
Arts and Crafts
Heating
Forced Air
Cooling
Central Air
Foundation
Basement
Flooring
Carpet, Tile, Wood
View
Long Range, Water
HOA dues
$523 / 6mo

Features

  • 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
  • Dock - Floating
  • In-Ground Irrigation

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$8,919/ month

Principal & interest
$7,431
Property tax (~1.05%)
$1,050
Homeowners insurance
$350
HOA dues
$87

Down payment

$60,000 down · $1,140,000 financed

Income to qualify (28% rule)

~$382,248 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.