Sold & Closed In South Charlotte's Cedarwood Neighborhood: 4020 Bon Rea Drive
Congratulations to my buyer on the successful purchase of this beautifully renovated ranch home in South Charlotte's Cedarwood neighborhood! Final sale price was $545,000.
This transaction was completed as part of a 1031 Exchange, allowing my client to reinvest in another property, while meeting important investment and tax deadlines.
The home will now serve two purposes: it will be a comfortable place for my client to stay when visiting family in Charlotte and, when not in personal use, it will operate as a boutique short-term rental, giving guests the opportunity to enjoy everything this wonderful home and its convenient South Charlotte location have to offer.
It was easy to understand why this property stood out the moment we walked through the front door. Built in 1987, this beautifully renovated 3-bedroom, 2-bath ranch offers 1,824 square feet of thoughtfully updated living space, a spacious two-car garage, and sits on a wooded one-third-acre lot in the peaceful Cedarwood neighborhood—with no HOA.

The cook's kitchen features custom cabinets, marble-white quartz countertops, a large center island, and premium stainless-steel appliances, including a gas range. Luxury vinyl plank flooring, designer lighting, and beautifully updated bathrooms with custom vanities, lighted mirrors, and tiled tub and shower surrounds complete the home's fresh, contemporary appeal. Major improvements include a new roof in 2025, HVAC systems (2021 and 2022), and a water heater.
Vaulted ceilings and an open-concept floor plan create a bright, welcoming living space. The seamless flow between the living room, dining area, kitchen, and separate wet bar makes the home equally suited for entertaining or simply relaxing.
Cedarwood Neighborhood In South Charlotte: A Hidden Gem
Ideally located in South Charlotte's 28226 zip code, 4020 Bon Rea Drive provides convenient access to Uptown Charlotte, Ballantyne, SouthPark, Stonecrest, and Blakeney. Everyday conveniences are just minutes away, with shopping, dining, grocery stores, medical facilities, and entertainment options nearby. Whether commuting to work, enjoying South Charlotte's extensive amenities, or heading to Charlotte Douglas International Airport, Cedarwood offers the convenience of a central location while maintaining the quiet atmosphere of an established residential neighborhood.
For homebuyers looking for an established South Charlotte neighborhood with no HOA, mature landscaping, larger homesites, outstanding convenience, and an exceptional south Charlotte location, Cedarwood continues to be a hidden gem.
Helping clients navigate investment purchases, 1031 exchanges, relocation, and primary home purchases requires experience, attention to detail, and careful coordination. Whether you're buying your first home, adding to your investment portfolio, or preparing to sell, I'd love the opportunity to help you achieve your real estate goals.
Looking for a home in South Charlotte? Reach out to me, Nina Hollander, Broker/Realtor® with Coldwell Banker Realty. I've been helping Charlotte buyers, sellers, and investors since 1999, and I'd love the opportunity to show you why experience matters and why "The Right Broker Makes All The Difference."
SOUTH CHARLOTTE HOMES FOR SALE
Originally posted on www.GreatHomesInCharlotte.com

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