Updated Sep 24, 2026
Melissa Plemmons Of EXP Realty Closes $2.2M Sale Of Two Waterfront Properties In NC
2063 West Bluewater Drive & 140 Williams Cove Lane
$2,200,000
Building Size
—
Asset Type
Single Family Residence
Closing
Sep 23, 2026
About this deal
AI
The property involved in this transaction is a single-family residence located at 2063 West Bluewater Drive in Morganton and 140 Williams Cove Lane in Taylorsville. The sale price for these two waterfront properties totaled $2,200,000, with a specific breakdown of $1,400,000 for the 2,270-square-foot home at 2063 W Bluewater Drive and $800,000 for the residence at 140 Williams Cove Lane.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $2,200,000
- Address 1: 2063 West Bluewater Drive, Morganton, NC
- Address 2: 140 Williams Cove Lane, Taylorsville, NC
- Broker: Melissa Plemmons - EXP Realty
Melissa Plemmons of eXp Realty successfully facilitated the closing of these two waterfront transactions on Lake James and Lake Hickory on August 7, 2026. The dealt properties were part of a notable total sales volume achieved in that market area.
On the Map
$2,200,000
Single Family Residence
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Milan Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93