7205 Watersreach Lane, Charlotte, NC
$1,149,000 · 4 bedrooms · 5 baths · 4,586 sq ft · built 1998
Listing courtesy of Engel & Volkers Charlotte (Lauren Bogenrief). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
$25,000 SELLER CREDIT toward closing costs, a rate buydown, or cushion to add your own flare. A new price and real flexibility on one of Ballantyne’s cul-de-sacs. This full-brick home with a 3-car garage sits on 0.41 acres of mature landscaping, minutes from I-485, Ballantyne Corporate Park, and the Ballantyne Bowl. A two-story foyer opens to a private office and formal living room, flowing into the formal dining room and a family room with custom built-ins and a gas fireplace. Hardwoods, fresh paint, and updated lighting run throughout the main level. The renovated kitchen features new cabinetry, quartz counters, a tile backsplash, a KitchenAid 5-burner cooktop, double ovens, and a bay-window breakfast area under a vaulted ceiling. All four bedrooms are upstairs, including an owner’s retreat with a double-door entry, tray ceiling, custom closet system, and updated ensuite bath. The finished basement with new flooring and a half bath adds flexible space for a rec room, gym, or media room. Outside, an oversized deck overlooks a private backyard framed by mature trees. Put the credit to work and make it yours. Space, location, and value like this are rare in Ballantyne at this price.
Price in context
- Asking $251 per square foot.
- That is 44% below the $449 median across 409 active $1.5M+ homes in Charlotte.
- 365th highest asking price of 409 active $1.5M+ homes in Charlotte.
- 143rd largest by living area of the 390 with a recorded size.
- Reduced $151,000 (11.6%) from the original $1,300,000 asking price.
- 117 days on the market, listed 2026-06-25.
- County tax assessment $1,060,400; the asking price is 1.08× the assessed value.
- HOA dues $181 (semi-annually).
Location
Neighborhood: Kensington At Ballantyne, Mecklenburg County, ZIP 28277.
Straight-line distances
- Quail Hollow Club: 3.8 mi
- SouthPark Mall: 6.8 mi
- Charlotte Country Club: 11.1 mi
- Uptown Charlotte: 11.9 mi
- Wilson Air Center (private aviation, CLT): 12.0 mi
- Charlotte Douglas International Airport: 12.7 mi
Assigned schools
- Elementary: Hawk Ridge
- Middle: Cato Ridge
- High: Ballantyne Ridge
School assignments come from the listing and can change; confirm with the district.
Features
- Levels
- Three
- Construction
- Brick Full, Wood
- Bathrooms
- 3 full, 2 half
- Basement
- Finished
- Fireplace
- Yes
- Kitchen & appliances
- Gas Range, Refrigerator, Wall Oven
- Heating
- Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Garage
- 3 spaces
- Parking
- Attached Garage, Garage Faces Side
- Lot
- Cul-De-Sac
- County
- Mecklenburg
Comparable homes on the market
- 9331 Whispering Wind Drive, Charlotte — $1,099,000, 4 bd, 3,523 sq ft, also in Kensington At Ballantyne
- 14905 Mcleary Circle, Charlotte — $2,995,000, 6 bd, 8,314 sq ft, 0.8 mi away
- 14516 Ballantyne Country Club Drive, Charlotte — $1,250,000, 4 bd, 4,000 sq ft, 0.9 mi away
- 7337 Versailles Lane, Charlotte — $1,025,000, 4 bd, 3,323 sq ft, 1.0 mi away
- 15349 Ballantyne Country Club Drive, Charlotte — $1,950,000, 5 bd, 5,950 sq ft, 1.1 mi away
- 4124 Old Course Drive, Charlotte — $1,400,000, 5 bd, 4,788 sq ft, 1.2 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.