For sale

$575,000

Est. $3,293/mo —

•

1,421

sq ft

138 Strand Rd, New London, NC 28127

About this home

Waterfront living at its finest on beautiful Badin Lake in the desirable Lakemont Community. This newly updated 3 bedroom, 2 full bath lake house offers stunning views. The main living area and kitchen has been opened up to capture Badin Lakes beauty. Situated on a peaceful cove just off the main channel, this property provides the perfect balance of privacy and easy lake access. Enjoy a spacious waterfront porch ideal for relaxing or entertaining, along with a lakeside deck for taking in the views. The two car garage includes a bedroom, kitchenette, and full bath above it, offering excellent flexibility for guests, extended family, or additional living space. A concrete driveway with extra parking at the road adds convenience for owners and visitors. With NO HOA fees and rental property opportunities allowed, this home is a rare find for those seeking a personal retreat, investment property, or both. Don't miss your chance to own a beautifully updated Badin Lake waterfront property with incredible views and room to enjoy lake life to the fullest.

Single-familyProperty Type

1968Year Built

7,840 sq ftLot Size

$405Price/Sq.Ft.

2 car garageParking

Listed by Crystal Williams • McRae Properties

Contact: crystal@thetilleryteam.com

Listing updated: Aug 27, 2026 at 01:50pm

Redfin checked: 2 minutes ago

•Source:CANOPYMLS as Distributed by MLS Grid #4405795

Payment calculator

$3,293 per month

Principal and interest$2,984

Property taxes

$137

HOA dues

Home insurance

$173

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (5)

OPEN SAT, 10AM TO 6PM
$289,990
3 beds2 baths1,434 sq ft
109 Auburn Hills Dr, Albemarle, NC 28001
OPEN SAT, 11AM TO 2PM3D WALKTHROUGH
$679,000
2 beds2 baths1,138 sq ft
46842 Beach Rd, New London, NC 28127
OPEN SAT, 1PM TO 3PM
$315,000
4 beds2 baths1,840 sq ft
208 N 5th St, Albemarle, NC 28001
OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$259,900
2 beds2 baths866 sq ft
151 Dogwood Cir, New London, NC 28127
OPEN SUN, 2PM TO 4PM
$224,000
1 bed1 bath820 sq ft
113 Dare Ln, New London, NC 28127

Around this home

Schools

K - 12
Preschool & daycare

Troy Elementary

Public PreK-2 • Assigned • 14.4mi

West Middle

Public 6-8 • Assigned • 14.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

138 Strand Rd · $575,000

Strong offer

$575K and above

75% chance or better to win

Why $575K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 102 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Attic with pull-down stairs
Convection oven

Bedrooms
Four bedrooms total (three main-level bedrooms; one bedroom in second living quarters/upper-level garage)

Bathrooms
Three full bathrooms (two full baths in main residence; one full bath in second living quarters)

Kitchen
Convection oven

Laundry & utility
Laundry located in a bathroom

Heating & cooling
Heat pump heating
Central air conditioning

Sale and tax history for 138 Strand Rd

Sale History
Tax History

Date

Event

Price

CANOPYMLS as Distributed by MLS Grid #4405795

Aug 27, 2026

Price Changed

$575,000

$405/sq ft

Jul 30, 2026

Listed

$585,000

$412/sq ft

Jul 20, 2026

Coming Soon

$585,000

$412/sq ft

CANOPYMLS as Distributed by MLS Grid #4131520

Dec 31, 2024

Sold

$354,000

$249/sq ft

Dec 2, 2024

Contingent

—

Nov 15, 2024

Price Changed

$459,000

$323/sq ft

Oct 18, 2024

Price Changed

$479,000

$337/sq ft

Aug 15, 2024

Price Changed

$499,000

$351/sq ft

Jul 25, 2024

Price Changed

$549,000

$386/sq ft

Jun 20, 2024

Price Changed

$569,000

$400/sq ft

May 16, 2024

Listed

$589,000

$414/sq ft

+43

This Badin Lake waterfront home is located on Strand Rd in the Lakemont community. No HOA! Great rental opportunity. Grandfathered stationary pier (#576) with covered boat slip & boathouse storage room. Quiet cove just off the main channel. Great swimming area. Home all on one level. Living room w/gas logs fireplace. Lakeside deck. Huge master en suite w/double vanity, walk-in closet & outside access w/covered patio & ceiling fan. Garage with workshop, heat, conventional door & screened door. Separate apartment above the garage: bedroom, kitchenette, full bathroom & lakeside deck. Concrete driveway. 30 amp RV hookup. Ample parking. Some furniture negotiable. Paved, public Wildlife boat landing (Whip O Will) within walking distance & inside the neighborhood. Convenient to the lake’s marinas that provide dining, gas & watercraft rentals. Within 5 minutes of Uwharrie National Forest, ideal for hiking, camping, horseback riding, OHV & ATV trails. Within 1 hour from Charlotte or the Triad

Year

Property tax

Land + Additions

Assessment*

2025

$1,649

$103,000 + $137,782

$240,782

2024

$1,649

$103,000 + $137,782

$240,782

2022

$1,649 (+2.2%)

$103,000 + $137,782

$240,782

2021

$1,613

$103,000 + $137,782

$240,782

2020

$1,613 (−0.7%)

$103,000 + $137,782

$240,782

2019

$1,625

$103,000 + $137,782

$240,782

2018

$1,625

$103,000 + $137,800

$240,800

2017

$1,625 (−2.3%)

$103,000 + $137,800

$240,800

2016

$1,663 (+2.3%)

$103,000 + $137,800

$240,800

2015

$1,625 (+7.1%)

$103,000 + $137,800

$240,800

2014

$1,517 (−2.1%)

$103,000 + $137,799

$240,799

2013

$1,550

$103,000 + $137,799

$240,799

Public record

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

7,841 Sq. Ft.

Year renovated

1988

Finished Sq. Ft.

1,340

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,340

Year built

1968

Style

Single Family Residential

County

Montgomery County

APN

667314447972

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 27, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

New London, NC • 28127

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

80/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.5 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 138 Strand Rd

$568,735

$6,265 under list price of $575K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $295K to $780K.

SOLD AUG 17, 2026
$780,000 Last sold price
3 beds2.5 baths2,358 sq ft
3526 Pinehaven Dr, New London, NC 28127
$74/sq ft
36 years newer
basement
SOLD MAR 18, 2026
$755,000 Last sold price
2 beds2 baths1,696 sq ft
254 N Shoreline Dr, New London, NC 28127
$40/sq ft
smaller lot
19 years newer
SOLD JUL 30, 2026
$735,000 Last sold price
3 beds2 baths1,533 sq ft
918 Pinehaven Dr, New London, NC 28127
$74/sq ft
smaller lot
17 years older
SOLD AUG 5, 2026
$500,000 Last sold price
2 beds1.5 baths1,050 sq ft
260 Pirates Cv, New London, NC 28127
$71/sq ft
larger lot
10 years older
SOLD JUL 7, 2026
$295,000 Last sold price
3 beds2 baths2,080 sq ft
980 W Slate Mine Rd, Denton, NC 27239
$263/sq ft
larger lot
18 years newer
SOLD APR 30, 2026
$458,000 Last sold price
3 beds1 bath1,128 sq ft
320 Pinehaven Dr, New London, NC 28127
$1/sq ft
smaller lot
2 years older

Rental earnings

Est. $1,718 per month, based on comparable rentals

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Early Access listings

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New listings for sale in 28127

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NEW 25 HRS AGO

$99,900

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NEW 31 HRS AGO3D WALKTHROUGH

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Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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About this home

Payment calculator

See this home in person

Nearby open houses (5)

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 138 Strand Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 138 Strand Rd

Early Access listings

Nearby similar homes

New listings for sale in 28127

More real estate resources