Charlotte · Home sale
18407 Peninsula Cove Ln in Cornelius sells for $4.68 million
A single-family home at 18407 Peninsula Cove Ln, Cornelius sold for $4,685,000 on September 1, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $4,685,000
- Recorded
- September 1, 2026
- Property type
- Single-family home
- Living area
- 5,506 sq ft
- Price per sq ft
- $851
- Year built
- 1999
A waterfront home in Cornelius sold for $4,685,000, a 34% jump over its assessed market value of $3,492,000. The sale of 18407 Peninsula Cove Ln, recorded September 1, 2026 with the Mecklenburg County Register of Deeds, also topped the property's previous sale price of $3,895,000 from 2022 by 20%.
Michael Edward Aswad and Catherina Perkins Aswad purchased the single-family home, according to the Mecklenburg County Assessor. At $851 per square foot, the price reflects the property's 5,506 square feet of living space.
An aerial photo shows the 0.55-acre parcel sits directly on a lake, with a pool and a dock. Other houses surround the property.
The home was built in 1999 and contains 4 bedrooms and 4.5 bathrooms, according to the Assessor's records.
What this sale costs to close
What does closing cost at this price? Under Mecklenburg County custom the seller's larger charges are $9,370 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. With a 5% commission, the seller's estimated net is $4,417,546 before any mortgage payoff. A buyer putting 20% down would need about $1,014,278 at closing.
Source: Mecklenburg County Assessor, parcel sales, document 40690-913. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Mecklenburg County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
