Single Family Residence at 2940 Shady Reach Lane, Charlotte
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$620,000

2940 Shady Reach Lane
Charlotte, NC 28214
Listed by Cindy Ferguson · Coldwell Banker Realty
Bedrooms
5
Bathrooms
3
Living area
3,032 sqft
Year built
2001

About this home

Welcome to highly sought-after Mt. Isle Harbor! Nestled on a rare flat, nearly half-acre cul-de-sac lot, this beautifully updated 5-bedroom, 3-bath home offers the perfect blend of space, functionality, and lifestyle in one of Charlotte's premier lake-access communities. Thoughtfully refreshed throughout, the home features fresh interior paint, brand-new carpet, and stunning Carrera quartz countertops in the kitchen and all bathrooms, creating a bright, modern feel from the moment you step inside. Additional updates include recently replaced HVAC systems, a covered front porch addition, 220V garage hookup, updated lighting and plumbing fixtures, and smart home capabilities. The impressive two-story foyer welcomes guests and opens to a flexible front living room and formal dining room, ideal for entertaining, working from home, or everyday living. The eat-in kitchen serves as the heart of the home with abundant cabinetry, generous prep space, beautiful quartz countertops, and a newer LG refrigerator featuring craft ice. The adjoining breakfast area flows seamlessly into the spacious family room, complete with abundant natural light and a cozy gas log fireplace. A main-level bedroom and full bath provide the perfect setup for guests, multigenerational living, or a private home office. Upstairs, the spacious primary suite offers a relaxing retreat with a garden soaking tub, separate shower, dual vanities, and a large walk-in closet. Generously sized secondary bedrooms feature walk-in closets and share a well-appointed hall bath. The expansive bonus room over the garage provides exceptional flexibility and can easily function as a fifth bedroom plus a playroom, media room, home gym, or second living space. A conveniently located upstairs laundry room includes newer GE front-load washer and dryer. Step outside and enjoy one of the neighborhood's most desirable features—a large, usable flat backyard with endless possibilities for recreation, gardening, entertaining, or future outdoor enhancements. An impressive 12' x 24' detached storage building offers abundant space for a workshop, hobbies, lawn equipment, recreational gear, or additional storage. Mt. Isle Harbor offers exceptional lake lifestyle with community boat docks, boat ramp, boat storage, lake access, basketball, tennis and pickleball courts, soccer field, playground, clubhouse, community pool, lakefront picnic and grilling areas, plus neighborhood social events throughout the year. Conveniently located just minutes from I-485, Riverbend Village shopping and dining, Uptown Charlotte, and Charlotte Douglas International Airport. Move-in ready and packed with updates, this exceptional home offers the perfect combination of modern comfort, outdoor space, and lake-community living.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4391013
Property type
Single Family Residence
Subdivision
Mt Isle Harbor
Status
Active
Days on market
119
On market date
June 12, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
2
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Mountain Island Lake Academy
2.89 mi away · Grades -1-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
732
Student:teacher ratio
16.3:1
District
Charlotte-Mecklenburg Schools
Middle
Coulwood STEM Academy
2.58 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
625
Student:teacher ratio
13.9:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
14.12 mi away · Grades 11-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
166
Student:teacher ratio
41.5:1
District
Charlotte-Mecklenburg Schools

Walkability

Blended score for Charlotte's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

28
Car-dependent
out of 100
EPA National Walkability Index
5.3 / 20 -- Least walkable
Google Places amenity density
30 / 100
Restaurants & cafes2
Grocery stores2
Parks3
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Charlotte, from live MLS data.

On the market 119 days -- 51 more days than Charlotte's current average of 68 days.
For reference, the median list price across 5,664 active listings in Charlotte right now is $359,900.

Mortgage calculator

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Est. monthly payment
$3,884/mo
$124,000 down
$496,000 loan
Principal & interest$3,217
Property tax (est.)$517
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 14 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.