Rare 3.38-acre opportunity minutes from downtown Matthews, offering exceptional land value, privacy, and long-term flexibility. The listing includes two currently subdivided lots: a .86-acre parcel with the existing home and a 2.52-acre parcel (Lots 18, 19, 20, and 21 per easement map). The expansive acreage, natural pond, and mature tree canopy provide options for future use or redevelopment (buyer to verify), while still enjoying a peaceful, established setting.
The thoughtfully updated mid-century modern home is ideal to live in, rent, or hold while planning long-term plans. The home features a spacious eat-in kitchen with walk-in pantry, generous primary bath, and pond views from nearly every window. Walled gardens and a dedicated garden bed enhance the outdoor living experience, along with mature landscaping including grapevines, blueberry bushes, and raspberries.
Recent improvements include fresh interior paint, custom stair railings, all new doors, motorized rechargeable window treatments in the primary bedroom, living room, and rear bedroom, new ductwork, one new HVAC unit (two total), a new tankless water heater, and new crawl space insulation with full encapsulation.
Additional highlights include hardwood floors, guest living space, deck, workshop, and tranquil pond setting.
Perks of this home include: walking distance to downtown Matthews and Sardis Road Park, desirable school district, and an established street lined with mature trees.
Under contract-show
Price cut: $50K (2/24)
$950,000
440 Bubbling Well Rd, Matthews, NC 28105
4beds
2,672sqft
Est.:
Single Family Residence
Built in 1957
3.38 Acres Lot
$914,500 Zestimate®
$356/sqft
$-- HOA
What's special
Dedicated garden bedCustom stair railingsHardwood floorsFresh interior paintWalled gardensGuest living spaceExpansive acreage
- 57 days |
- 1,031 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: March 09, 2026 at 08:15am
Listing Provided by:
Bethany Mitchell bethanymitchellhomes@gmail.com,
Realty One Group Revolution
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4343050
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
Bedroom s
- Level: Lower
Bedroom s
- Level: Lower
Bedroom s
- Level: Main
Bathroom full
- Level: Upper
Bathroom full
- Level: Lower
Bathroom full
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Office
- Level: Main
Heating
- Heat Pump, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Gas Cooktop
- Laundry: Laundry Room
Features
- Flooring: Carpet, Tile, Wood
- Windows: Insulated Windows
- Has basement: No
- Fireplace features: Family Room
Interior area
- Total structure area: 2,672
- Total interior livable area: 2,672 sqft
- Finished area above ground: 2,672
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Carport spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch, Rear Porch
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 3.38 Acres
Details
- Parcel number: 22702759
- Zoning: R-15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Partial, Cedar Shake
- Foundation: Crawl Space, Slab, Other - See Remarks
- Roof: Other - See Remarks
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & HOA
Community
- Subdivision: Sardis Grove
Location
- Region: Matthews
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $478,400
- Annual tax amount: $3,749
- Date on market: 2/6/2026
- Cumulative days on market: 57 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Estimated market value
$914,500
$869,000 - $960,000
$3,104/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Price change | $950,000-5%$356/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4343050 Report a problem | ||
| 2/6/2026 | Listed for sale | $1,000,000+81.8%$374/sqft |
Source: Canopy MLS as distributed by MLS GRID #4343050 Report a problem | ||
| 8/27/2021 | Sold | $550,000$206/sqft |
Source: Canopy MLS as distributed by MLS GRID #3765324 Report a problem | ||
| 7/27/2021 | Pending sale | $550,000$206/sqft |
Source: Canopy MLS as distributed by MLS GRID #3765324 Report a problem | ||
| 7/25/2021 | Listed for sale | $550,000$206/sqft |
Source: Canopy MLS as distributed by MLS GRID #3765324 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,749 +3.1% | $478,400 +0% |
| 2024 | $3,635 +1.5% | $478,300 |
| 2023 | $3,582 +23.8% | $478,300 +52.9% |
| 2022 | $2,893 | $312,900 |
| 2021 | -- | $312,900 |
| 2020 | -- | $312,900 |
| 2019 | $2,840 | $312,900 +63.8% |
| 2018 | -- | $191,000 |
| 2017 | $2,228 | $191,000 |
| 2016 | $2,228 | $191,000 |
| 2015 | $2,228 -17.4% | $191,000 -16.9% |
| 2014 | $2,697 | $229,800 |
| 2013 | -- | $229,800 -0.7% |
| 2012 | -- | $231,500 |
| 2011 | -- | $231,500 -7% |
| 2010 | -- | $248,900 |
| 2009 | -- | $248,900 |
| 2008 | -- | $248,900 |
| 2007 | -- | $248,900 |
| 2006 | -- | $248,900 +4% |
| 2005 | -- | $239,300 |
| 2004 | -- | -- |
| 2003 | -- | $224,000 +32.2% |
| 2002 | -- | $169,490 +25.7% |
| 2001 | -- | $134,880 |
| 2000 | -- | $134,880 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,198/mo
Principal & interest
$4660
Property taxes
$538
More affordability tools
Climate risks
Neighborhood: 28105
Nearby schools
GreatSchools rating
- 8/10Matthews ElementaryGrades: K-5Distance: 0.8 mi
- 10/10Crestdale MiddleGrades: 6-8Distance: 1.5 mi
- 6/10David W Butler HighGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Matthews
- Middle: Crestdale
- High: Butler
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 28105
- North Carolina
- Mecklenburg County
- Matthews
- 28105
- 440 Bubbling Well Rd
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