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$1,021,000
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Property Description
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.
Full Property Details
Full Property Details for 5242 Colony Rd
General
- Sold For: $1,021,000
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4337225
- Added to Site: 257 day(s) ago
Interior
- Interior Features: Built-in Features, Cable Prewire, Kitchen Island, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Family Room, Gas Log, Family Room, Gas Log
- Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Refrigerator with Ice Maker, Wall Oven, Washer/Dryer
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper - Full Baths: 3
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
Other Rooms
- Laundry: Laundry Room, Lower Level
Additional Information
- Equipment: Network Ready
Parking
- Garage: Yes
- Garage Description: 549 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Driveway, Electric Gate, Attached Garage, Garage Faces Side, Garage Shop, Keypad Entry
Location
- County: Mecklenburg
- Subdivision: Amyington
School Information
- Elementary School: Sharon
- Middle School: Carmel
- High School: South Mecklenburg
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Natural Gas
Structural Information
- Architectural Style: Traditional
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Architectural Shingle
- Upper: 1,993 Sq. Ft.
- Main/1st Level: 1,508 Sq. Ft.
- Year Built: 1997
Lot Features
- Street/Road Desc.: Concrete
- Lot Features: Corner Lot, Private
- Fencing (Description): Back Yard, Fenced
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 209-034-25
- Lot Number: 36283-348
Listed by The McDevitt Agency
Sold by Compass
Get Pre-Approved Today
Schools
Schools serving 5242 Colony Rd
School District:Charlotte-Mecklenburg Schools
| Name | Grades | Distance |
|---|---|---|
Sharon Elementary 4330 Foxcroft Road, Charlotte, NC 28211 | K-5 | 1.2 mi |
Carmel Middle 5001 Camilla Drive, Charlotte, NC 28226 | 6-8 | 0.8 mi |
South Mecklenburg High 8900 Park Road, Charlotte, NC 28210 | 9-12 | 3.2 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 5242 Colony Rd
Date
Details
Price
Change
Source
9/18/2026
Sold
$1,021,000
2.1%
MLS
8/14/2026
Price Reduced
$999,999
-9.01%
MLS
7/10/2026
Price Reduced
$1,099,000
-8.41%
MLS
6/11/2026
Price Reduced
$1,199,900
-4.77%
MLS
5/13/2026
Price Reduced
$1,259,999
-3.08%
MLS
3/29/2026
Price Reduced
$1,299,999
-3.7%
MLS
2/25/2026
Price Reduced
$1,349,999
-1.82%
MLS
1/22/2026
Listed
$1,375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5242 Colony Road, Charlotte, NC 28226 (MLS# 4337225) is a Single Family property that was sold at $1,021,000 on September 18, 2026. Want to learn more about 5242 Colony Road? Do you have questions about finding other Single Family real estate for sale in Charlotte? You can browse all Charlotte real estate or contact a Coldwell Banker agent to request more information.

