Neighborhood spotlight: Ballantyne area’s Cady Lake

cadylake

Beautiful Cady Lake in the Ballantyne area of Charlotte is a great neighborhood with proximity to fantastic shopping, dining and recreational facilities and wonderful single-family homes.

Located on Tom Short Road near Ballantyne Commons Parkway, Cady Lake is convenient to Blakeney, Stonecrest and Ballantyne Village. Everyday necessities are available at any of those destinations, and Ballantyne Village YMCA is less than 5 miles away.

I-485 access is available from Rea, Providence or Johnston roads, all of which are just a few minutes away from Cady Lake! SouthPark is convenient via Rea to Colony roads, and Uptown is less than 45 minutes away via Providence Road, depending on time of day and traffic. cadylakehouse

Cady Lake is a Pulte Homes community with amenities that include a pool, clubhouse, tennis courts and a playground. Catch-and-release fishing is allowed in the focal point of the neighborhood, Cady Lake.

The neighborhood, which was built in 2000, has open floor plan homes between 2,400 square feet and 3,400 square feet with attached 2-car garages. Lot sizes average about one-third of an acre. Home prices range from the low-$300,000s to the mid-$400,000s.

A total of 14 homes have sold in Cady Lake during the last 12 months, for an average of 1.2 homes sold per month.

Those homes averaged $392,362 and nearly $127 per square foot. Sales averaged nearly 98% of list price in the last year. The highest and lowest sold prices in the last year are $435,000 and $310,000, respectively.

There are currently 5 homes for sale in Cady Lake, 4 of which are under contract as of May 2. Current list prices range from $347,000 to $444,900.

The neighborhood is zoned for Polo Ridge Elementary School, J.M. Robinson Middle School and Ardrey Kell High School. Polo Ridge and J.M. Robinson are within walking distance of Cady Lake. Ardrey Kell is only 3.5 miles away past Blakeney Shopping Center.

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