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$425,000

508 Burgundy Drive, Southern Pines, NC 28387
Southern Pines, NC 28387
Listed by Samantha L Cole · La Belle Vie Realty
Bedrooms
3
Bathrooms
2.5
Living area
1,857 sqft
Year built
2024

About this home

**A Rare Opportunity to Assume a Below-Market Interest Rate Loan!** What if you could purchase a practically new home in Southern Pines and take advantage of an interest rate well below today's market rates? Even better, the assumable loan covers almost the entirety of the purchase price, making this an opportunity worth taking a closer look at! Subject to lender approval and assumption qualifications, this financing opportunity could offer significant savings compared to obtaining a new mortgage at today's rates. Located in the desirable Shaw's Landing community, this beautifully maintained, practically new home offers the benefits of newer construction without the wait. The thoughtfully designed floor plan features an inviting open living area, a spacious kitchen with a large island, and a comfortable layout perfect for everyday living and entertaining. Upstairs, you'll find a generous primary suite with a private bath and walk-in closet, additional bedrooms, and an open loft providing flexible space for a home office, reading area, or additional living space. A covered rear porch and two-car garage add even more convenience. The location is hard to beat! Enjoy the ability to walk to Red's Corner for great food, drinks, and entertainment, along with convenient access to local shopping, restaurants, downtown Southern Pines, and nearby fitness facilities. The community also offers a neighborhood swimming pool, providing a great place to relax and enjoy those warm Carolina days. Golf enthusiasts will appreciate the home's proximity to Pinehurst and the world-famous golf courses of the Sandhills. Fort Bragg, FirstHealth Moore Regional Hospital, and the shopping and dining options throughout Southern Pines, Aberdeen, and Pinehurst are all within convenient driving distance. **A practically new home, a fantastic location, community amenities, and an assumable mortgage covering the bulk of the purchase price at a below-market interest rate. Opportunities like this don't come along every day!**

Highlights

Fireplace

Property details

MLS
Hive MLS
MLS #
100613751
Property type
Single Family Residence
Subdivision
Shaws Landing
Status
Active
Days on market
2
On market date
November 1, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
2
Lot size
0.13 acres
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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
Southern Pines Elementary
1.2 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
611
Student:teacher ratio
15.7:1
District
Moore County Schools
Middle
Southern Middle
1.38 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
630
Student:teacher ratio
15.8:1
District
Moore County Schools
High
Pinecrest High
2.22 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,219
Student:teacher ratio
21.1:1
District
Moore County Schools

Walkability

Blended score for Southern Pines'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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

57
Somewhat walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable

Market position

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

On the market 2 days -- 93 fewer days than Southern Pines's current average of 95 days.
For reference, the median list price across 260 active listings in Southern Pines right now is $347,450.

Mortgage calculator

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

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Est. monthly payment
$2,709/mo
$85,000 down
$340,000 loan
Principal & interest$2,205
Property tax (est.)$354
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS 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.