$2,890,000
↓ $100K (3.3%)
●
House -
For Sale
216 Walnut Street
Davidson, NC 28036
4 Beds
4 Baths,
2
Half Baths
5,583 Ft²
$14,191
Est. Monthly
About This Property
Nestled in a prime Davidson location within walking distance to
downtown restaurants, boutiques, and cultural happenings, this new
construction residence blends architectural sophistication with
modern convenience. Spanning three levels, the home showcases
open-concept living with a gourmet kitchen, scullery, and drop
zone, complemented by an outdoor grilling area and expansive stone
patio for seamless indoor–outdoor living. Refined finishes include
8' solid core doors, 5 inch white oak hardwoods throughout, a gas
fireplace and an elevator for ease of access. The thoughtful plan
offers 4 bedrooms, 6 baths, bonus and flex rooms, office, and a
dedicated wellness space. The attached 2-car garage has unfinished
space and/or storage above with access from the main level.
A pool can be added. Please see renderings as attached; others available.
216 Walnut offers the rare opportunity to own a custom home in the heart of Davidson. Truly a rare find!
A pool can be added. Please see renderings as attached; others available.
216 Walnut offers the rare opportunity to own a custom home in the heart of Davidson. Truly a rare find!
Unit Size
5,583 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$518
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (CANOPYMLS #CAR4300699)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2026 | Price Decreased |
$2,890,000
↓ $100K
(3.3%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$2,990,000
↓ $159K
(5.1%) | |
| Price Decreased | |||
| May 6, 2026 | Price Decreased |
$3,149,000
↓ $41K
(1.3%) | |
| Price Decreased | |||
| Dec 23, 2025 | Price Decreased |
$3,190,000
↓ $200K
(5.9%) | |
| Price Decreased | |||
| Sep 16, 2025 | Listed by Ivester Jackson Christie's | $3,390,000 | |
| Listed by Ivester Jackson Christie's | |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Attached, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 4
Interior Features: Built-in Features, Elevator, Entrance Foyer, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s), See Remarks, Attic Walk In, Drop Zone, Split Bedroom, Walk-In Pantry
Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Other, Exhaust Hood, Refrigerator with Ice Maker, Wall Oven
Flooring Type: Wood
Door Features: Sliding Doors, Insulated Door(s)
Laundry Features: Electric Dryer Hookup, Inside, Main Level, Multiple Locations, Upper Level, Washer Hookup
Has Fireplace
Fireplace Features: Family Room, Gas
Exterior Details
Square Footage: 5583
Security Features: Carbon Monoxide Detector(s)
Year Built: 2025
Builder Name: Patrick Joseph Distinctive Homes
Builder Model: Custom
Levels: Three
Window Features: Insulated Windows
Construction Materials: Brick, Fiber Cement, Hardboard Siding
Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch, Side Porch
Lot Features: Level, See Remarks
Lot Size Area: 0.197
Lot Size Units: Acres
Lot Size Acres: 0.197
Lot Size Square Feet: 8581.32
Water Source: Public
Financial Details
Tax Assessed Value: $502,500
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Electric, Heat Pump, Natural Gas, Zoned
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Davidson
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Listed by: Lori Jackson, Ivester Jackson Christie's
Last Updated: 3 days ago
Data Source: CANOPYMLS, MLS# CAR4300699
Last Updated: 3 days ago
Data Source: CANOPYMLS, MLS# CAR4300699
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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