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$399,900
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Property Description
Experience luxury lakeside living in this beautifully updated penthouse condo located in the sought-after waterfront community of Spinnaker Reach in Davidson, NC. This light-filled 2-bedroom, 2-bath condo offers privacy with no shared walls and features elevator access, and a large covered terrace perfect for relaxing or entertaining. Inside, you'll find luxury vinyl plank flooring throughout, fresh interior paint, updated lighting and ceiling fans, and a stunning custom stone fireplace with gas logs that anchors the spacious family room. The updated kitchen is designed for both style and functionality with quartz countertops, stone tile accents at the eat-in peninsula, a stylish backsplash, updated sink and fixtures, plus stainless steel appliances including a stove, refrigerator, and dishwasher replaced in 2021. The spacious primary suite features an ensuite bath with double vanity, resurfaced tub and shower surrounds with lifetime warranty, updated mirrors, and designer feature walls. Additional upgrades include cordless blinds, updated bathroom fixtures, HVAC replaced in December 2024, A/C updated in 2018 with a 10-year warranty, and water heater replaced in 2021. A private storage room provides added convenience. Enjoy low-maintenance living with community amenities including lakefront pool and direct lake access. Ideally located near I-77, downtown Davidson, Davidson College, Lake Norman, Mooresville, and Charlotte, this home offers exceptional location to grocery stores, restaurants, shopping, and local parks. This home is being sold $30K under what sellers bought it for AND they put $12K into the unit since purchasing. This is a steal of a deal for a savy buyer!
Full Property Details
Full Property Details for 706 Northeast Dr #3
General
- Price: $399,900
- HOA FEE: $278/month
- Status: Active
- Type: Condo
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4385734
- Updated: 6/16/2026
- Added to Site: 48 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Family Room, Gas, Gas Log, Family Room, Gas, Gas Log
- Appliances: Dishwasher, Disposal
- Flooring: Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Laundry Closet
Additional Information
- Shared Amenities: Elevator, Lake Access, Outdoor Pool, Sidewalks
- Pool: Yes
Exterior
- Exterior Features: Elevator, Lawn Maintenance
Parking
- Parking Features: Parking Lot
Location
- County: Mecklenburg
- Subdivision: Spinnaker Reach
School Information
- Elementary School: Davidson
- Middle School: Bailey
- High School: William Amos Hough
Community
- Assoc. Name: Main Street Management
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Natural Gas
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Composition
- Entry Floor Number: 3
- Main/1st Level: 1,020 Sq. Ft.
- Year Built: 1999
Lot Features
- Street/Road Desc.: Asphalt, Paved
- Lot Features: Corner Lot
Financial Considerations
- Association Fee: $278
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Restrictions: Building, Deed
- Property ID: 003-222-66
- Lot Number: 38638-207
Listed by Berkshire Hathaway HomeServices Carolinas Realty
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Schools
Schools serving 706 Northeast Dr #3
School District:Charlotte-Mecklenburg Schools
| Name | Grades | Distance |
|---|---|---|
Davidson K-8 School 635 South Street, Davidson, NC 28036 | K-8 | 1.4 mi |
William Amos Hough High 12420 Bailey Road, Cornelius, NC 28031 | 9-12 | 3.3 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 706 Northeast Dr #3
Date
Details
Price
Change
Source
5/26/2026
Listed
$399,900
-6.78%
MLS
2/12/2024
Sold
$429,000
—
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 706 Northeast Dr #3
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,529
3%
$330,944
—
2023
$2,446
-22%
$330,944
—
2023
$3,117
90%
$330,944
83%
2022
$1,638
—
$180,600
—
2021
$1,638
—
$180,600
—
2020
$1,638
-5%
$180,600
—
2019
$1,731
16%
$180,600
51%
2018
$1,492
1%
$119,700
—
2017
$1,479
—
$119,700
—
2016
$1,476
—
$119,700
—
2015
$1,472
-3%
$119,700
—
2013
$1,521
—
$119,700
-2%
2013
$1,521
—
$122,200
—
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 706 Northeast Dr #3
706 Northeast Drive #3, Davidson, NC 28036 (MLS# 4385734) is a Condo property with 2 bedrooms and 2 full bathrooms. 706 Northeast Drive #3 is currently listed for $399,900 and was received on May 26, 2026. Want to learn more about 706 Northeast Drive #3? Do you have questions about finding other Condo real estate for sale in Davidson? You can browse all Davidson real estate or contact a Coldwell Banker agent to request more information.

