Single Family Residence at 4921 Lancaster Highway, Monroe
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20 photos

$639,000

4921 Lancaster Highway
Monroe, NC 28112
Listed by Margo Frantz · Costello Real Estate and Investments LLC
Bedrooms
4
Bathrooms
3.5
Living area
2,507 sqft
Year built
2026

About this home

NEW CONSTRUCTION, 1.13 ACRES, NO HOA! Welcome to 4921 Lancaster Highway. A beautifully crafted new construction home offering the rare combination of luxury, privacy, and acreage just minutes from both downtown Waxhaw and downtown Monroe. Set on 1.132 acres, this 4-bedroom, 3.5-bath home offers 2,507 square feet of thoughtfully designed living space with exceptional attention to detail throughout. From the moment you enter, the 10-foot ceilings, extensive crown molding, and custom finishes create an elevated yet inviting atmosphere. The main-level primary suite provides everyday convenience and features a custom closet. The spacious kitchen and living areas are designed for entertaining, while oversized sliding doors bring abundant natural light and open to the covered rear patio. Outdoor living is a standout feature, with a custom fire pit and seating wall creating the perfect setting for relaxing evenings, entertaining friends, or enjoying the privacy of your own acreage. Additional highlights include a generous drop zone with full sink, abundant cabinetry and storage, a dedicated laundry room with built-ins, oversized garage with EV charging, custom wood mantle, and a dramatic 6-foot electric fireplace. With no HOA, you'll enjoy the freedom and privacy that's increasingly difficult to find in new construction. Located approximately 10 minutes from downtown Waxhaw and 10 minutes from downtown Monroe, you'll have convenient access to restaurants, shopping, entertainment, and everyday amenities while still enjoying the space and tranquility of an acre-plus property. SELLER OFFERING A 2-1 BUYDOWN OPTION. Builder will supply 1-10 warranty.

Highlights

FireplaceNew construction

Property details

MLS
Canopy MLS
MLS #
CAR4408512
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
86
On market date
July 27, 2026
Stories
N/A
Total bathrooms
3.5
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
Benton Heights Elementary
7.02 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
500
Student:teacher ratio
10.6:1
District
Union County Public Schools
Middle
Parkwood Middle
0.98 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
817
Student:teacher ratio
20.4:1
District
Union County Public Schools
High
Central Academy of Technology and Arts
5.34 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
809
Student:teacher ratio
18.4:1
District
Union County Public Schools

Walkability

Blended score for Monroe'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).

11
Very car-dependent
out of 100
EPA National Walkability Index
3.0 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools1
Transit stops0
Pharmacies0

Market position

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

On the market 86 days -- right at Monroe's current average of 86 days.
For reference, the median list price across 526 active listings in Monroe right now is $425,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,998/mo
$127,800 down
$511,200 loan
Principal & interest$3,316
Property tax (est.)$533
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 2 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.