RealtyLens
for saleRealtyLens property overview
$649,990

11217 Lochmere Rd

Charlotte, NC, 28278
View more Charlotte, NC property pages
5Beds
4.5Baths
3,528Sqft
$184$/sqft

Listing Notes

Discover exceptional new construction at 11217 Lochmere Road Charlotte, built by M/I Homes. This stunning 5-bedroom, 4.5-bathroom home spans 3,528 square feet and showcases quality design throughout. The thoughtfully designed floorplan features an open-concept living space that seamlessly connects the main gathering areas, creating an ideal environment for daily living and entertaining. The owner's bedroom is conveniently located on the upper level, providing a private retreat. This home features the following: 5 spacious bedrooms with owner's bedroom upstairs 4 full bathrooms and a powder room 3,528 square feet of living space Open-concept living area 3-car garage The home's location in the desirable Charlotte area offers excellent proximity to parks, making outdoor recreation easily accessible. The established neighborhood provides a welcoming environment with mature surroundings. This new construction home eliminates the need for immediate updates or repairs, allowing you to move in and enjoy from day one. The builder's attention to quality design ensures lasting appeal and functionality in every room. The generous square footage provides ample space for growing families or those who appreciate room to spread out. Each bedroom offers comfortable proportions, while the multiple bathrooms ensure convenience for busy households. Experience the benefits of new construction combined with an established neighborhood setting. T...

Market Insights

Below nearby median-21%

$184/sqft vs a nearby median of $234/sqft.

Nearby median$234/sqft
Nearby properties8
Property size3,528 sqft
  • -21% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,528 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$838k$775k$901k · 65% confidence
vs ask $650k−$188k (−28.9%)

Asking price is about 28.9% below the fair value — likely to draw competing offers if it's still on market.

$234/sqft median across 8 tight comps × 3,528 sqft= $826k
  • Modern construction+$12k +1.5%
Cumulative NYC adjustments+$12k+1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-21% 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

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

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

Listing Details

Days on market
3 days
Last price change
No change recorded
Listed
May 9, 2026
Photos
2 photos
Property type
single family
Status
for sale

Price History

May 9, 2026Initial record
$649,990for 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.