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  • Price cut: $15K (7/27)
    $674,900

    42640 Moonshine Dr, New London, NC 28127

    3beds
    1,783sqft
    : 
    $3,968/mo
    Get pre-qualified
    Modular
    Built in 1977
    1.22 Acres Lot
    $652,600 Zestimate®
    $379/sqft
    $-- HOA

    What's special

    New basement appliancesGorgeous lakefront retreatUpdated lightingFresh interior paintBright living spacesUpdated appliancesStylish backsplash
    SELLER TO PAY BUYER’S CLOSING COSTS with an acceptable offer! Due to the seller’s personal circumstances changing, the seller is motivated to sell and welcomes all reasonable offers. Welcome to this gorgeous lakefront retreat on Badin Lake in New London—set on a private 1.22-acre lot with breathtaking views of the Uwharrie Mountains and the National Forest. This beautifully updated 3-bedroom, 2-bath cottage (1,783 sq. ft.) offers the perfect blend of privacy, comfort, and year-round lake living. Step inside to new LVP flooring on both levels. The kitchen has been completely refreshed with granite countertops, a stylish backsplash, updated appliances, a new sink/faucet, updated lighting, and fresh paint. The bright living spaces feature updated lighting and fresh interior paint, plus wood-burning fireplaces in both the main-level living room and the lower-level entertainment room—perfect for cozy evenings. The bedrooms have been updated with paint throughout, and both bathrooms have been beautifully remodeled. Additional improvements include a refinished staircase leading to a charming rustic-style basement, a fully functioning second kitchen with new granite countertops and backsplash, and new basement appliances. You’ll also enjoy an entertainment/family room with updated lighting. The lower-level bed/bonus room has a closet; note: there are no windows. Outdoor living is just as impressive, featuring a fully screened wraparound slate patio with a hot tub, a freshly stained/painted wraparound upper deck, new water lines, and a new well pump system. Enjoy peace of mind with a metal roof installed less than five years ago, added privacy from chain-link fencing, and multiple storage options including a workshop/storage shed and an additional storage building near the pier. The true showstopper is the waterfront setting—enjoy easy access to the lake and pier via stairs or driveway. This move-in-ready getaway is a rare opportunity to experience peaceful lakefront living with stunning mountain and forest views. SELLER TO PAY BUYER’S CLOSING COSTS with an acceptable offer! Due to the seller’s personal circumstances changing, the seller is motivated to sell and welcomes all reasonable offers.
    96 days
    |
    1,639
    |
    81
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Walters mwalters@homerealtyandmortgage.com,

    Home Realty and Mortgage LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4380413MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Basement
      Bar entertainment
      • Level: Basement
      Other
      • Level: Basement
      Dining area
      • Level: Main
      Kitchen
      • Level: Main
      Kitchen
      • Level: Basement
      Living room
      • Level: Main
      Utility room
      • Level: Basement
      Heating
      • Central, Heat Pump
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
      • Laundry: Inside, Main Level
      Features
      • Pantry
      • Basement: Exterior Entry,Finished,Interior Entry
      • Fireplace features: Family Room, Living Room, Wood Burning
      Interior area
      • Total structure area: 924
      • Total interior livable area: 1,783 sqft
      • Finished area above ground: 924
      • Finished area below ground: 859

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Patio, Screened, Wrap Around
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: Chain Link
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Boat Slip (Lease/License), Pier, Other - See Remarks, Waterfront
      • Body of water: Badin Lake
      Lot
      • Size: 1.22 Acres
      • Features: Private, Rolling Slope, Wooded, Views
      Details
      • Additional structures: Outbuilding, Workshop
      • Parcel number: 665201494049
      • Zoning: R-20
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Modular
      Materials
      • Vinyl
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1977

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Tall Whit Lake
      Location
      • Region: New London

      Financial & listing details

      • Price per square foot: $379/sqft
      • Tax assessed value: $352,506
      • Annual tax amount: $2,062
      • Date on market: 5/12/2026
      • Cumulative days on market: 96 days
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Concrete, Paved

        Estimated market value

        $652,600

        $620,000 - $685,000

        $2,041/mo

        Price history

        DateEventPrice
        7/27/2026Price change$674,900-2.2%$379/sqft
        Source: Canopy MLS as distributed by MLS GRID #4380413 Report a problem
        7/10/2026Price change$689,900-0.7%$387/sqft
        Source: Canopy MLS as distributed by MLS GRID #4380413 Report a problem
        6/8/2026Price change$694,900-0.7%$390/sqft
        Source: Canopy MLS as distributed by MLS GRID #4380413 Report a problem
        5/12/2026Listed for sale$699,900+115.4%$393/sqft
        Source: Canopy MLS as distributed by MLS GRID #4380413 Report a problem
        5/26/2021Sold$325,000-7.1%$182/sqft
        Source: Canopy MLS as distributed by MLS GRID #3735748 Report a problem
        5/6/2021Pending sale$350,000$196/sqft
        Source: Canopy MLS as distributed by MLS GRID #3735748 Report a problem
        5/4/2021Listed for sale$350,000$196/sqft
        Source: Canopy MLS as distributed by MLS GRID #3735748 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,062 +18.6%$352,506 +38.9%
        2024$1,739 $253,850
        2023$1,739 -5.3%$253,850
        2022$1,836 +0.1%$253,850
        2021$1,834 +4.6%$253,850 +13.6%
        2020$1,754 +5.4%$223,364
        2019$1,664 $223,364
        2018$1,664 $223,364
        2017$1,664 -5.4%$223,364 -0.3%
        2016$1,758 $223,952
        2015$1,758 +0.1%$223,952
        2014$1,756 $223,952
        2013-- $223,952 +5%
        2012-- $213,367
        2011-- $213,367 -3.8%
        2010-- $221,795
        2009-- $221,795
        2008-- $221,795
        2007-- $221,795
        2006-- $221,795
        2005-- $221,795
        2004-- $221,795 +18.6%
        2003-- $187,020
        2002-- $187,020
        Find assessor info on the county website

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        Climate risks

        Neighborhood: 28127

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