RealtyLens
for saleRealtyLens property overview
$575,000

8700 Lorraine Dr

Charlotte, NC, 28270
View more Charlotte, NC property pages
4Beds
3Baths
2,425Sqft
$237$/sqft

Listing Notes

Welcome home to this charming ranch-style retreat featuring a thoughtful semi-split floor plan and inviting spaces throughout. From the open living and kitchen area that creates the perfect gathering spot, to the multiple sitting and living spaces that offer flexibility for everyday life or entertaining, this home truly has a warm and welcoming flow. Tucked toward the back of the home, a separate hall area provides added privacy for guests or family, creating a layout that lives comfortably and intentionally. Step outside onto the lovely back deck overlooking the yard - the perfect place for morning coffee, relaxing evenings, or hosting friends. With its cozy charm, functional layout, and seamless flow from room to room, this home is one you'll want to experience in person.

Market Insights

Below nearby median-11%

$237/sqft vs a nearby median of $266/sqft.

Nearby median$266/sqft
Nearby properties9
Property size2,425 sqft
  • -11% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,425 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$659k$603k$715k · 55% confidence
vs ask $575k−$84k (−14.6%)

Asking price is about 14.6% below the fair value — likely to draw competing offers if it's still on market.

$276/sqft median across 4 tight comps × 2,425 sqft= $669k
  • Mid-century building era−$10k −1.5%
Cumulative NYC adjustments−$10k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-11% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
47 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$575,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.