
$699,000 $216/sqft
540 Waters Road
Salisbury, NC 28146
4 bd · 2 ba · 3,235 sqft · 1.3 ac · 1989 · 2 mo ago
Waters Edge is one of Salisbury's more distinctive High Rock Lake addresses, combining shoreline homes with larger inland parcels that give the neighborhood a noticeably roomier feel than a standard suburban subdivision.
Community overview based on MLS listing data for Waters Edge, Salisbury
Waters Edge is one of Salisbury's more distinctive High Rock Lake addresses, combining shoreline homes with larger inland parcels that give the neighborhood a noticeably roomier feel than a standard suburban subdivision. Closed sales range from entry-priced lots to seven-figure waterfront properties, but the throughline is consistent: lake access, generous storage for boats and equipment, and outdoor spaces built to take advantage of the setting.
Waterfront homes are the community's headline feature. Nearly half of recorded listings carry a waterfront flag, and recent top sales highlight private piers, floating docks, boat-ramp capability, broad water views, and sunset-facing decks. Waterfront resales have also commanded a clear premium, with median closed pricing around $515,000 versus roughly $315,000 for non-waterfront homes. Even away from the shoreline, the neighborhood keeps a lake-oriented character, with repeated mention of High Rock Lake access, lake dining nearby, and oversized garages or workshops designed to handle boats, jet skis, and other gear.
The housing stock is primarily detached single-family homes built from the mid-1980s through 2010, with the strongest concentration from the late 1990s into the 2000s. Exteriors are mixed rather than uniform, with brick, stone, and siding all appearing across listings. Inside, the most common themes are granite kitchens, fireplaces, vaulted or tray ceilings, main-level primary suites, and large porches or rear decks. Basements show up often, especially on lakefront and sloped lots, where walk-out lower levels, basement garages, and unfinished expansion space are recurring selling points.
Lot size is a major part of the appeal. Improved-home sales post a median lot size of about 58,370 square feet, or roughly 1.34 acres, and multiple homes sit on two to four-plus acres with wooded edges, fenced sections, and long drives. Detached garages, bonus rooms over workshops, and outbuildings are common enough to shape the feel of the neighborhood, giving Waters Edge a practical, property-first character alongside the lake views.
Community amenities are lightly documented in MLS remarks, but resident-facing features do appear, including common areas, street lights, and references to tennis and basketball courts. Private outdoor amenities are more visible in the listings themselves, with heated and in-ground pools appearing in several upper-end waterfront sales, along with covered porches, screened spaces, and deep entertaining decks.
Waters Edge sits in the High Rock Lake area east of downtown Salisbury, with recurring remarks placing it roughly 8 to 15 minutes from downtown, about 4 to 11 minutes from I-85, and close to Dan Nicholas Park, Dunn's Mountain, and waterfront dining. Morgan Elementary, C.C. Erwin Middle, and East Rowan High are the most common school assignments. With no active listings at the time of this update, inventory is currently tight, which fits the neighborhood's pattern of infrequent turnover and steady demand for well-positioned lake and acreage properties.
Palmetto Park Realty Team · Salisbury
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39 recently sold in Waters Edge, Salisbury
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
| | Sep 15 2025 | $735,000 | 67 | 2,827 sq ft | 98.0% | $260 |
| | Nov 14 2024 | $429,000 | 51 | 1,854 sq ft | 100.0% | $231 |
| | Aug 13 2024 | $440,000 | 39 | 2,063 sq ft | 98.0% | $213 |
| | Dec 21 2023 | $416,999 | 76 | 2,067 sq ft | 100.0% | $202 |
| | Aug 21 2023 | $865,000 | 426 | 4,785 sq ft | 98.9% | $181 |
| | Jul 11 2023 | $1,000,000 | 38 | 3,399 sq ft | 77.5% | $294 |
| | Sep 16 2022 | $610,000 | 42 | 2,475 sq ft | 96.8% | $246 |
| | Aug 22 2022 | $320,000 | 56 | 1,633 sq ft | 92.8% | $196 |
| | Apr 29 2022 | $600,000 | 67 | 2,051 sq ft | 96.0% | $293 |
| | Mar 31 2022 | $600,000 | 86 | 2,344 sq ft | 100.0% | $256 |
| | Mar 23 2022 | $50,000 | 238 | — | 50.1% | — |
| | Jan 10 2022 | $195,000 | 494 | — | 98.0% | — |
| | Sep 14 2021 | $297,250 | 6 | 1,544 sq ft | 99.6% | $193 |
| | Apr 30 2021 | $850,000 | 63 | 4,865 sq ft | 96.6% | $175 |
| | Apr 30 2021 | $369,000 | 53 | 2,016 sq ft | 105.7% | $183 |
| | Apr 16 2021 | $450,000 | 24 | 1,848 sq ft | 100.0% | $244 |
| | Feb 25 2021 | $300,000 | 50 | 2,067 sq ft | 100.0% | $145 |
| | Feb 20 2020 | $99,500 | 708 | — | 99.6% | — |
| | Dec 20 2019 | $520,000 | 259 | 4,287 sq ft | 98.1% | $121 |
| | Aug 15 2019 | $285,500 | 45 | 2,556 sq ft | 100.2% | $112 |
| | Oct 31 2018 | $267,500 | 229 | 1,635 sq ft | 101.0% | $164 |
| | Oct 1 2018 | $426,500 | 83 | 3,820 sq ft | 89.8% | $112 |
| | Sep 18 2017 | $52,000 | 328 | — | 75.4% | — |
| | Sep 18 2017 | $52,000 | 328 | — | 75.4% | — |
| | Oct 19 2016 | $315,000 | 58 | 2,063 sq ft | 95.5% | $153 |
| | Oct 19 2016 | $315,000 | 58 | 2,251 sq ft | 95.5% | $140 |
| | Apr 1 2016 | $385,000 | 162 | 3,277 sq ft | 90.6% | $117 |
| | Jan 28 2016 | $457,000 | 122 | 3,648 sq ft | 95.2% | $125 |
| | Sep 9 2015 | $242,500 | 76 | 1,923 sq ft | 93.6% | $126 |
| | Sep 3 2015 | $515,000 | 64 | 4,914 sq ft | 95.5% | $105 |
| | Feb 25 2015 | $229,900 | 217 | 2,172 sq ft | 95.8% | $106 |
| | Feb 25 2015 | $229,900 | 217 | 2,172 sq ft | 95.8% | $106 |
| | Jan 20 2015 | $530,000 | 282 | 5,916 sq ft | 96.5% | $90 |
| | Jan 20 2015 | $50,000 | 112 | — | 51.0% | — |
| | Sep 27 2014 | $464,000 | 374 | 1,990 sq ft | 95.7% | $233 |
| | Aug 28 2014 | $464,000 | 378 | 1,990 sq ft | 95.7% | $233 |
| | Jun 6 2012 | $233,000 | 83 | 2,016 sq ft | 97.1% | $116 |
| | Jun 6 2012 | $233,000 | 83 | 2,016 sq ft | 97.1% | $116 |
| | May 4 2012 | $255,000 | 79 | 1,848 sq ft | 92.8% | $138 |
Closed sales from MLS history for Waters Edge, Salisbury
Waters Edge median sale price is $600,000, up 62.6% from a year ago; Salisbury is up 10.8%.
+1 outside price range.
The Waters Edge real estate market shows buyer's market conditions. Homes typically sell within 79 days. With 1 active listing and 0 homes sold in the past year, buyers have more negotiating power and time to decide.