Single Family Residence at 4923 Lancaster Highway, Monroe
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$639,000

4923 Lancaster Highway
Monroe, NC 28112
Listed by Margo Frantz · Costello Real Estate and Investments LLC
Bedrooms
4
Bathrooms
3.5
Living area
2,553 sqft
Year built
2026

About this home

NEW CONSTRUCTION, 1 ACRE, NO HOA! Space, privacy, quality, and flexibility come together in this beautifully designed new construction home situated on a full acre just minutes from both downtown Waxhaw and downtown Monroe. With 4 bedrooms, 3.5 baths, and 2,553 square feet, this home offers the room and lifestyle you've been looking for without the restrictions of an HOA. The thoughtfully designed floor plan features a main level primary suite, spacious living areas, 10-foot ceilings, extensive crown molding, and an inviting great room with fireplace featuring a custom-made mantle. The gourmet kitchen is designed for both everyday living and entertaining, while the primary suite offers a custom closet and a comfortable retreat. Step outside to enjoy the covered patio and generous one-acre property, offering plenty of room for outdoor entertaining, gardening, recreation, or simply enjoying your privacy. The oversized two-car garage provides additional flexibility and includes an EV charger and utility sink. This is a rare opportunity to own brand-new construction on an acre with no HOA! If you've been waiting for more house, more land, and more freedom, then this is the one to see. Schedule your private showing today! SELLER IS OFFERING A 2-1 BUYDOWN OPTION. Builder will supply 1-10 warranty.

Highlights

FireplaceNew construction

Property details

MLS
Canopy MLS
MLS #
CAR4385219
Property type
Single Family Residence
Subdivision
none
Status
Active
Days on market
151
On market date
May 23, 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
7.04 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
0.95 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
5.37 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 151 days -- 65 more days than 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 3 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.