Back 602 Pearl Bay Drive
Off Market

602 Pearl Bay Drive

New London NC 28127

3
3
2
2998 sq. ft.
0.79 ac.
Single-Family
Last sold for $1,200,000
Michelle RhyneMichelle Rhyne, last sold this property on 12 August 2026 after 40 days on market.

Overview

Welcome to 602 Pearl Bay Drive, a truly exceptional waterfront property situated on 0.79 acres with more than 200 feet of shoreline and its own private dock.Located in Heron Bay, one of the most desirable gated communities on Badin Lake, this home is also just minutes from Old North State Golf and Country Club. From the moment you arrive, you are greeted by lush landscaping thoughtfully designed by a master gardener when the home was originally built. The grounds are truly a work of art, with an incredible variety of plantings that bloom throughout the seasons. Rock gardens, a koi pond, flagstone terraces, and multiple viewing areas provide beautiful places to enjoy the lake and spectacular sunsets. The covered, screened entertaining porch offers more than 400 square feet of additional living space and was thoughtfully designed to complement the home and its natural surroundings. A covered porch nearly wraps around the entire residence, creating even more opportunities to relax and enjoy the peaceful waterfront setting. As you enter the home, you are welcomed by heart pine flooring, soaring ceilings, and remarkable architectural elements rarely found in homes today. Handcrafted details are featured throughout, including custom details surrounding on the windows and doors, as well as a beautifully crafted railing. The primary suite is conveniently located on the main level. The daylight walkout basement includes a spacious family room, a butler’s bar, two additional bedrooms, an office, and multiple storage areas. From the lower level, you can walk directly outside to the covered two-car carport, beautifully finished with stacked stone and cedar. The home’s cedar exterior and cedar shake roof enhance its timeless character, while a whole-house generator provides additional comfort and peace of mind. 602 Pearl Bay Drive is a one-of-a-kind waterfront retreat where exceptional craftsmanship, thoughtful design, beautiful gardens, and the natural beauty of Badin Lake come together.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 carport spaces
2998 sq. ft. floor area
0.79 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in New London over the last 12 months, the estimated median property value of 602 Pearl Bay Drive is $329.9k.

Median value
$329.9k
Estimated value range
$65k - $1.2m
Median days on market
32
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New London. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 602 Pearl Bay Drive

2026
Sold
$1,200,000
12 Aug 2026 by Michelle Rhyne, of Premier Sotheby's Internationa

Happy sellers in New London

68%
68% of sellers in New London reported that their sale price either exceeded or met their price expectations.

New London stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in New London over the last 12 months.

Local market activity for 3 bedroom single-family properties in New London

In the last 12 months, 44 three-bedroom single-family properties similar to 602 Pearl Bay Drive, have been sold.

This represents a 2% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in New London

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent