Privately gated in the heart of SouthPark, 5242 Colony Road represents one of the strongest opportunities currently available for buyers seeking space, privacy, and value without compromising location. Hidden behind brick walls and private gates, the home offers a side of SouthPark living few buyers realize exists. From the moment you arrive, there is a sense of privacy and separation that makes it easy to forget you're just minutes from SouthPark's premier shopping, dining, and business district. Inside, nearly 3,800 square feet unfold through expansive living spaces filled with natural light and timeless architectural details. The renovated kitchen anchors the home, opening naturally to the main living areas and creating a floor plan that works equally well for everyday living and larger gatherings. Every space feels intentional, balancing comfortable daily living with the flexibility today's buyers expect. The primary suite serves as a quiet retreat with a beautifully updated, spa-inspired bath and generous storage. Pride of ownership is evident throughout. Thoughtfully maintained and extensively improved, the home features two newer HVAC systems, a newer roof, renovated kitchen, updated primary suite, new gate system, new garage door and opener, drainage enhancements, refreshed finishes, and beautifully maintained landscaping—allowing the next owner to simply move in and enjoy. What ultimately sets 5242 Colony Road apart isn't any one feature—it's how everything comes together. Gated privacy. Thoughtful improvements. Flexible living spaces. The freedom from monthly HOA dues. It's an ownership experience that's difficult to replicate in the heart of SouthPark. Originally introduced at $1,375,000 and now repositioned at $999,999, the opportunity has changed considerably. For buyers who saw this home earlier—or may have initially placed it outside their search—it's worth another look. Nearly 3,800 square feet. Gated privacy. Extensive improvements. No monthly HOA dues. All in the heart of SouthPark. Now offered at $999,999.
Est. $4,348 per month, based on comparable rentals
Sale and tax history for 5242 Colony Rd
Sale History
Tax History
Date
Event
Price
CANOPYMLS as Distributed by MLS Grid #4337225
Sep 18, 2026
Sold
$1,021,000
$269/sq ft
Aug 18, 2026
Contingent
—
Aug 14, 2026
Price Changed
$999,999
$264/sq ft
Jul 10, 2026
Price Changed
$1,099,000
$290/sq ft
Jun 11, 2026
Price Changed
$1,199,900
$317/sq ft
May 13, 2026
Price Changed
$1,259,999
$332/sq ft
Mar 29, 2026
Price Changed
$1,299,999
$343/sq ft
Feb 25, 2026
Price Changed
$1,349,999
$356/sq ft
Jan 22, 2026
Listed
$1,375,000
$363/sq ft
Jan 16, 2026
Coming Soon
$1,375,000
$363/sq ft
CANOPYMLS as Distributed by MLS Grid #3694455
Jul 12, 2021
Sold
$810,000
$214/sq ft
Jun 25, 2021
Pending
—
May 18, 2021
Price Changed
$829,900
$219/sq ft
Apr 16, 2021
Price Changed
$839,000
$221/sq ft
Jan 7, 2021
Listed
$849,500
$224/sq ft
Jan 5, 2021
Coming Soon
$849,500
$224/sq ft
+42
A beautiful home located in the heart of SouthPark, only 5 minutes to the South Park mall, shopping and restaurants. All brick, hardwood floors throughout. Home is freshly painted and has 2 master bedrooms, 2 bedrooms, 3.5 bath, double staircase. Stunning family room with built-ins, a wood burning fireplace and a wet bar and opens up to a beautiful private patio. Kitchen has a bay window, SS appliances and tile backsplash. Formal dining room and formal living room. Fully fenced backyard with brick wall and gate. Move-in ready.
Public Records
Dec 11, 2020
Sold
$792,500
$209/sq ft
CANOPYMLS as Distributed by MLS Grid #2
Oct 21, 2020
Price Changed
$785,000
$207/sq ft
Oct 8, 2020
Price Changed
$815,000
$215/sq ft
CANOPYMLS as Distributed by MLS Grid #1
Jul 9, 2018
Price Changed
$619,500
$163/sq ft
Apr 1, 2018
Price Changed
$620,000
$164/sq ft
CANOPYMLS as Distributed by MLS Grid #2145180
Aug 30, 2013
Sold
$565,000
$149/sq ft
Jun 19, 2013
Contingent
—
Jun 11, 2013
Price Changed
$599,000
$158/sq ft
Apr 11, 2013
Listed
$625,000
$165/sq ft
Public Records
Jun 23, 2000
Sold
$425,000
$112/sq ft
Year
Property tax
Land + Additions
Assessment*
2020
$6,284 (+0.2%)
$260,000 + $380,100
$640,100
2019
$6,269 (−5.3%)
$260,000 + $380,100
$640,100
2018
$6,620 (+1.5%)
$260,000 + $380,100
$640,100
2017
$6,522 (+0.3%)
$180,000 + $319,000
$499,000
2015
$6,501 (+0.5%)
$180,000 + $319,000
$499,000
2014
$6,471
2013
$6,471 (+4.4%)
2012
$6,196 (−1.9%)
$180,000 + $319,000
$499,000
2011
$6,315
$180,000 + $319,000
$499,000
Public record
Public record
Zoning
Beds
4
Baths
3.5
Stories
2.5
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
2005
Sq. Ft.
3,388
Year built
1997
Style
Single Family Residential
County
Mecklenburg County
APN
20903425
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 29, 2026.
N1-A
Neighborhood 1 Zoning District
The N1-A Zoning District allows for the development of residential dwellings on lots of 10,000 sq ft or greater. The N1-A Zoning District is typically applied to established neighborhoods.
Home facts updated by county records on Sep 29, 2026
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Green Information
Green Verification Count: 0
Home Information
Total Property HLA Sq. Ft.: 3791
Living Area: 3791
Above Grade Finished Area: 3,791
Sq. Ft. Upper: 1993
Sq. Ft. Third: 290
Sq. Ft. Main: 1508
Sq. Ft. Lower: 0
Foundation Details: Crawl Space
Levels: Two
Security Features: Smoke Detector(s)
Around this home
Schools
Sharon Elementary
Public K-5 • Assigned • 1.2mi
6/10
Carmel Middle
Public 6-8 • Assigned • 0.8mi
5/10
South Mecklenburg High
Public 9-12 • Assigned • 3.1mi
5/10
Provided by GreatSchools
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