
$369,900 $171/sqft
4358 Reed Creek Drive
Sherrills Ford, NC 28673
4 bd · 3 ba · 2,161 sqft · 2023 · 3 mo ago
Waterstone brings a newer, lake-oriented form of attached living to Sherrills Ford, pairing three-story townhomes with a waterfront condo building on Lake Norman.
Community overview based on MLS listing data for Waterstone, Sherrills Ford
Waterstone brings a newer, lake-oriented form of attached living to Sherrills Ford, pairing three-story townhomes with a waterfront condo building on Lake Norman. The community records show 64 townhome listings and 19 condo listings, all built from 2023 through 2025, with pricing spanning from $266,990 to $500,000. Most current townhome opportunities are clustered in the low-to-mid $300s, while larger end units and stronger view positions have pushed the upper end of the neighborhood into the $400,000s and low $500,000s.
The townhome side sets the tone. Most remarks describe four-bedroom layouts measuring roughly 2,145 to 2,672 square feet, usually spread across three levels with an entry-level guest suite or media room, an open main living floor, and a deck off the kitchen and great room. Kitchen islands, walk-in pantries, walk-in closets, dual-vanity baths, and attached garages appear again and again. The condo component centers on a 24-unit building at 4455 Reed Creek Drive, where two- and three-bedroom residences run about 1,271 to 1,335 square feet and keep the same emphasis on open layouts and efficient, newer finishes.
Lake Norman is the defining feature here. Community marketing repeatedly points to roughly 400 feet of shared shoreline, and that shoreline is paired with a community pool and cabana, a launch for kayaks, paddleboards, and canoes, plus a lakefront fire pit, picnic areas, and a dog park. The result is a neighborhood where the outdoor common spaces matter almost as much as the floor plans.
Pricing inside Waterstone reflects placement as much as product type. Closed sales on Waterstone Drive have averaged about 17 percent above the neighborhood closed-sale average, helped by larger 2,660-plus-square-foot townhomes, scenic deck outlooks, and several end-unit placements. Brookview Lane carries some of the newest 2025 closings and pending homes, including end units and a handful of homes marketed with seasonal water views or common-area backdrops.
Waterstone sits off Reed Creek Drive on the Lake Norman side of Sherrills Ford, and several remarks note its position beside Lake Norman Marina and minutes from local shopping and dining. School assignments in the community snapshot point to Sherrills Ford Elementary, Mill Creek Middle, and Bandys High.
Waterstone occupies a distinct niche in Sherrills Ford: newer attached homes, a condo building on the lake, and a package of shared shoreline amenities that is unusual at this price point. The mix of flexible three-story townhomes, compact condos, and direct access to Lake Norman gives the neighborhood a more amenity-oriented profile than most nearby communities centered on detached homes.
Palmetto Park Realty Team · Sherrills Ford
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Showing 1-48+ recently sold in Waterstone, Sherrills Ford
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
| | May 1 2026 | $349,900 | 11 | 2,154 sq ft | 100.0% | $162 |
| | Mar 27 2026 | $310,990 | 189 | 2,145 sq ft | 100.0% | $145 |
| | Mar 27 2026 | $313,990 | 216 | 2,145 sq ft | 100.0% | $146 |
| | Mar 20 2026 | $290,000 | 271 | 1,271 sq ft | 96.7% | $228 |
| | Mar 6 2026 | $324,990 | 168 | 2,154 sq ft | 99.1% | $151 |
| | Mar 4 2026 | $311,990 | 166 | 2,145 sq ft | 100.0% | $145 |
| | Feb 27 2026 | $320,100 | 47 | 2,154 sq ft | 98.5% | $149 |
| | Feb 24 2026 | $333,990 | 158 | 2,672 sq ft | 100.0% | $125 |
| | Feb 17 2026 | $338,990 | 151 | 2,672 sq ft | 100.0% | $127 |
| | Feb 12 2026 | $350,000 | 146 | 2,672 sq ft | 102.9% | $131 |
| | Feb 4 2026 | $332,990 | 138 | 2,672 sq ft | 100.0% | $125 |
| | Jan 29 2026 | $359,990 | 132 | 2,672 sq ft | 100.3% | $135 |
| | Dec 30 2025 | $359,990 | 102 | 2,672 sq ft | 100.0% | $135 |
| | Dec 16 2025 | $310,000 | 59 | 1,271 sq ft | 98.4% | $244 |
| | Dec 12 2025 | $400,990 | 63 | 2,672 sq ft | 100.0% | $150 |
| | Dec 5 2025 | $317,990 | 77 | 2,153 sq ft | 100.0% | $148 |
| | Sep 30 2025 | $278,990 | 287 | 1,335 sq ft | 100.0% | $209 |
| | Sep 30 2025 | $296,990 | 114 | 1,335 sq ft | 100.7% | $222 |
| | Sep 26 2025 | $269,990 | 95 | 1,271 sq ft | 100.0% | $212 |
| | Sep 19 2025 | $278,990 | 103 | 1,271 sq ft | 100.0% | $220 |
| | Sep 12 2025 | $278,990 | 252 | 1,271 sq ft | 100.0% | $220 |
| | Sep 12 2025 | $278,990 | 96 | 1,335 sq ft | 100.0% | $209 |
| | Sep 4 2025 | $354,990 | 75 | 2,672 sq ft | 100.0% | $133 |
| | Aug 29 2025 | $266,990 | 216 | 1,271 sq ft | 100.0% | $210 |
| | Aug 29 2025 | $266,990 | 68 | 1,271 sq ft | 100.0% | $210 |
| | Aug 28 2025 | $364,990 | 33 | 2,672 sq ft | 100.0% | $137 |
| | Aug 25 2025 | $278,990 | 64 | 1,271 sq ft | 100.0% | $220 |
| | Aug 15 2025 | $364,990 | 286 | 2,672 sq ft | 100.0% | $137 |
| | Aug 13 2025 | $300,690 | 60 | 2,154 sq ft | 98.6% | $140 |
| | Aug 12 2025 | $298,990 | 65 | 1,335 sq ft | 103.1% | $224 |
| | Aug 6 2025 | $304,990 | 121 | 2,154 sq ft | 100.0% | $142 |
| | Aug 5 2025 | $354,990 | 214 | 2,672 sq ft | 101.4% | $133 |
| | Aug 1 2025 | $354,990 | 159 | 2,672 sq ft | 100.0% | $133 |
| | Jul 31 2025 | $354,990 | 40 | 2,672 sq ft | 98.6% | $133 |
| | Jul 31 2025 | $309,990 | 40 | 2,154 sq ft | 100.0% | $144 |
| | Jul 31 2025 | $324,990 | 40 | 2,154 sq ft | 100.0% | $151 |
| | Jul 29 2025 | $310,675 | 45 | 2,154 sq ft | 101.9% | $144 |
| | Jul 24 2025 | $269,990 | 180 | 1,271 sq ft | 100.0% | $212 |
| | Jul 18 2025 | $349,990 | 209 | 2,672 sq ft | 100.0% | $131 |
| | Jul 14 2025 | $269,990 | 22 | 1,271 sq ft | 100.0% | $212 |
| | Jun 30 2025 | $355,765 | 226 | 2,672 sq ft | 101.7% | $133 |
| | Jun 27 2025 | $289,990 | 175 | 1,335 sq ft | 100.0% | $217 |
| | Jun 27 2025 | $363,990 | 124 | 2,672 sq ft | 100.0% | $136 |
| | Jun 26 2025 | $349,990 | 123 | 2,672 sq ft | 100.0% | $131 |
| | Jun 26 2025 | $299,990 | 123 | 2,154 sq ft | 100.0% | $139 |
| | Jun 26 2025 | $299,990 | 80 | 2,154 sq ft | 100.0% | $139 |
| | May 30 2025 | $290,000 | 209 | 2,154 sq ft | 96.7% | $135 |
| | May 29 2025 | $299,990 | 124 | 2,154 sq ft | 100.0% | $139 |
Closed sales from MLS history for Waterstone, Sherrills Ford
Waterstone median sale price is $312,990, down 10.6% from a year ago; Sherrills Ford is down 2.2%.
The Waterstone real estate market shows buyer's market conditions. Homes typically sell within 114 days. With 1 active listing and 43 homes sold in the past year, buyers have more negotiating power and time to decide.
Listings taken off the market in the past year in Waterstone, Sherrills Ford
Sherrills Ford, NC 28673
4 bd · 3 ba · 2,154 sqft
Sherrills Ford, NC 28673
4 bd · 3 ba · 2,672 sqft
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