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    18801 Nautical Dr, Unit 203 Cornelius, NC 28031

    For Lease
    $1,495 /Mo ($19 SF/Yr)

    Move-in ready 2 bed, 2 bath condo near Lake Norman.

    Property size:
    940 SF
    Lot size:
    0.02 Acres

    Property Features for 18801 Nautical Dr

    General Information

    Size
    940 SF
    Lot size
    0.02 Acres

    Building Details

    Year built
    1987

    Source: Keller Williams Realty Agent Angela Berrong

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Refreshed Condo Near Lake Norman

    This move-in ready second-floor condo, featuring 2 bedrooms and 2 bathrooms, is located near Lake Norman. Positioned such that it feels like a main-level unit, it requires ascending and descending only 6 stairs to reach the front door. The building's exterior has been updated with new siding. The condo has been refreshed with new windows, exterior doors, interior paint, bedroom carpet, lighting, refrigerator, microwave, washer, and dryer. The open floor plan includes a kitchen with a breakfast bar, a dining room, and a great room. Sliding glass doors open onto a spacious covered deck. Each bedroom has its own full bathroom. Community amenities include a pool, pond, fitness room, tennis court, walking trails, boat dock, and direct access to Lake Norman. Water, sewer, and garbage services are included. The tenant is responsible for all other utilities. Smoking is prohibited inside the unit and on the deck. No pets are allowed. The property will be available in early August 2025 and has a size of 940 square feet.
    Location Intelligence

    Current Use by Public Records

    Sandbox Learning Co Business Management Consultant AHI Residential & Commercial ... Home Inspector

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8909533
    Latitude
    35.4620144

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    FAQs

    What type of property is this?
    Apartment building - Move-in ready 2 bed, 2 bath condo near Lake Norman.
    Where is this apartment building located?
    The property is located at 18801 Nautical Dr, Unit 203 Cornelius, NC.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Direct access to Lake Norman and community boat dock.; - Move-in ready with numerous recent updates: new windows, doors, paint, carpet, lighting, refrigerator, microwave, washer, and dryer.; - Community amenities include a pool, pond, fitness room, tennis court, and walking trails.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18801 Nautical Dr, Unit 203 Cornelius, NC 28031
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