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$130,000 Just Listed
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Property Description
Experience the pinnacle of custom living on this premier .66-acre homesite, perfectly positioned deep within the exclusive gated community of Reflection Pointe. This exceptional lot offers seasonal water views of Lake Wylie and features a sloped topography ideal for a custom walk-out basement or crawl space foundation. Rare privacy is built-in, as the property borders community greenspace on both the rear and side, providing a natural buffer and a scenic path leading directly to the clubhouse. As a true custom-home community, Reflection Pointe allows you to work with a featured builder or your own to meet the high standards of the neighborhood (minimums of 2,000 sq. ft. for 1-story and 2,400 sq. ft. for 2-story homes). Residents enjoy resort-style amenities including a waterfront pavilion, community beach, marina area, boat storage, pool, and tennis/pickleball courts. While there is no immediate timeframe to start your build, the community ensures a high-quality environment with a 12-month completion window once plans are approved. Located just 20 minutes from Charlotte Douglas International Airport and 30 minutes from Uptown Charlotte, you can enjoy the quiet, small-town charm of Belmont's restaurants and breweries while remaining connected to the city. If you are ready to build your dream home, this unique lakeside opportunity is a must-see.
Full Property Details
Full Property Details for 5120 Watermead Ln #135
General
- Price: $130,000
- HOA FEE: $224/month
- HOA FEE FREQ.: Semi-Annually
- Status: Active
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4356753
- Updated: 3/13/2026
- Added to Site: 1 day(s) ago
Location
- County: Gaston
- Subdivision: Reflection Pointe
- Driving Directions: I-85 south to exit 27 (273). Left on 273 to Central Ave. (S.Point Rd). Left on Central Ave. to Reflection Pointe Blvd. Right on Reflection Pointe Blvd to Hermitage Ct., Left on Hermitage court to Watermead. Left on Watermead. Lot on the right side of the road marked by a flier box.
School Information
- Elementary School: Belmont Central
- Middle School: Belmont
- High School: South Point (NC)
Community
- Assoc. Name: Property Matters Realty
Utilities
- Sewer: Public Sewer, Private Sewer
- Water: City, Tap Fee Required
- Utility Description: Cable Available, Fiber Optics, Natural Gas, Underground Power Lines, Underground Utilities
Lot Features
- Lot Dimensions: 255 x 135 x 65 x 208
- Street/Road Desc.: Paved
- Lot Features: Sloped, Views
- Rcmdd Zoning: R-1
Water Features
- Water Front Name: Lake Wylie
Financial Considerations
- Association Fee: $1,346
- Assoc Fee Freq.: Semi-Annually
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Architectural Review, Building, Manufactured Home Not Allowed, Modular Not Allowed
- Property ID: 203903
- Plat: 67
- Lot Number: 5271-59
Listed by Keller Williams Ballantyne Area
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Schools
Schools serving 5120 Watermead Ln #135
School District:Gaston County Schools
| Name | Grades | Distance |
|---|---|---|
J B Page Primary School 215 Ewing Drive, Belmont, NC 28012 | PK-5 | 5.6 mi |
Belmont Central Elementary School 310 Eagle Road, Belmont, NC 28012 | PK-5 | 6.2 mi |
Belmont Middle School 1020 South Point Road, Belmont, NC 28012 | 6-8 | 4.6 mi |
South Point High School 906 South Point Road, Belmont, NC 28012 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5120 Watermead Ln #135
Date
Details
Price
Change
Source
3/13/2026
Listed
$130,000
117.03%
MLS
9/28/2021
Sold
$59,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5120 Watermead Ln #135
Year
Property Taxes
Change
Tax Assessment
Change
2025
$891
-1%
$76,000
—
2023
$899
43%
$76,000
90%
2021
$628
3%
$40,000
—
2022
$612
-3%
$40,000
—
2020
$628
-2%
$40,000
—
2018
$644
2%
$40,000
—
2019
$632
17%
$40,000
—
2016
$538
—
$40,000
—
2015
$538
-68%
$40,000
-68%
2013
$1,681
—
$125,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5120 Watermead Ln #135
5120 Watermead Lane #135, Belmont, NC 28012 (MLS# 4356753) is a Lots/Land property with a lot size of acres. 5120 Watermead Lane #135 is currently listed for $130,000 and was received on March 13, 2026. Want to learn more about 5120 Watermead Lane #135? Do you have questions about finding other Lots/Land real estate for sale in Belmont? You can browse all Belmont real estate or contact a Coldwell Banker agent to request more information.

