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Spotlight: Bromley Estates

March 9, 2016

Home can feel like a luxury resort when you live in beautiful Bromley Estates in Weddington.

The Toll Brothers-built neighborhood, which broke ground in 2008, has both new construction and resale homes available. 

 

 

There are 7 customizable home plans to choose from starting in the high $500,000s to well over $700,000 or more with customization and upgrades for new construction. There are resale homes built in 2008 that are currently listed at more than $1 million.

Bromley Estates homes are large, starting at 3,100 square feet and to more than 8,000 square feet. Many have finished basements, which is a rarity in the Charlotte area. Lots are moderately sized at around an acre. The neighborhood has shaded walking trails and is built around Mundorf Lake, a small resevoir with a walking bridge and gazebo. 

 

The location can't be beat if you want to be in Weddington. Bromley Estates is off Providence Road just north of downtown Weddington at Weddington Matthews Road. I-485 access is a mere 3 miles north on Providence Road. Uptown via Providence Road can take as much as 45 minutes depending on traffic, even though it is only 16 miles. Via the interstates, Uptown is about 35 minutes depending on time of day and traffic. Everyday shopping is close along Providence Road or in Ballantyne, Stonecrest or Blakeney.

Currently, there are 21 Bromley Estates homes on the market. Three homes are resale and the rest are new construction. Twelve of the homes, most of which are pre-construction, are already under contract as of March 8.

Twenty homes sold in Bromley Estates during the last 12 months, which averages about 1.7 homes per month. That puts current inventory at nearly 13 months. Weddington inventory averages 8.4 months, while Union County averages 5 months inventory.

The only resale home sold during the last 12 months sold for 100% of list price at almost $1 million. 

The average price of a home in Bromley Estates is $842,821 and just under $190 per square foot. Listed currently are homes priced from $593,000 to $1.366 million.

Weddington is a fantastic Charlotte suburb, and Bromley Estates is just one of the many great choices for luxury living!

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