Charlotte · Home sale
18710 Peninsula Cove Ln in Cornelius sells for $2.87 million
A single-family home at 18710 Peninsula Cove Ln, Cornelius sold for $2,870,000 on October 2, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $2,870,000
- Recorded
- October 2, 2026
- Property type
- Single-family home
- Living area
- 5,063 sq ft
- Price per sq ft
- $567
- Year built
- 2005
The single-family home at 18710 Peninsula Cove Ln in Cornelius sold for $2,870,000, according to the Mecklenburg County Assessor. Its sale price was 75% above its recorded market value of $1,637,820. The Assessor's records show its last sale was $865,000 in 2010. The new price was 3.3 times that amount.
The transfer tax paid on a warranty deed shows the sale price. The deed was recorded October 2, 2026 with the Mecklenburg County Register of Deeds.
An aerial photo shows the home has a pool and borders a golf course, with other houses around it. The recorder's index lists Lincoln Richard Bitting and Natalie Ornat Bitting as the buyer.
The Assessor's records show 4 bedrooms and 3.5 bathrooms, with 5,063 square feet of living area. The home was built in 2005 on a 19,313-square-foot lot. The price works out to $567 per square foot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Mecklenburg County?
By our estimate, the seller's two largest charges, not counting commission and prorations, were $5,740 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. Who pays what follows Mecklenburg County custom.
How much did the seller net?
By our estimate, the seller netted about $2,704,198. That assumes a 5% commission. It is before any mortgage payoff.
How much cash did the buyer bring to closing?
A buyer putting 20% down would need about $621,495 at closing. That covers the down payment and closing costs.
Run this net sheet with your numbers (free) See photos on Zillow
Source: Mecklenburg County Assessor, parcel sales, document 40757-278. 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.
