$1,999,000
5401 Mountain Point Ln Unit 47, Charlotte, NC 28216

About this home

There are properties that you purchase, and there are properties that you arrive at — From the moment you turn onto Mountain Point Lane, the canopy of trees gives way to open water, you understand that this home is something entirely different. This is not a home that requires your imagination to fill in the lifestyle. It already exists here, fully realized, resort-complete, and waiting. The sense of having made it — truly made it — is built into every square inch of this estate. The lake greets you like a standing ovation every morning. What anchors this property above all else is a view that cannot be bought on Mountain Island Lake. Panoramic sightlines stretch across the open water toward more than 1,500 acres of Latta Nature Preserve — permanently protected land that will never be developed, subdivided, or altered. What you see today is precisely what you will see in twenty years: open water, ancient hardwoods, and the kind of quiet Charlotte rarely offers twenty minutes from Uptown. This is the rarest of real estate luxuries — a view with a guarantee. Step outside, and the resort experience begins without ceremony. A heated saltwater gunite-built pool and hot tub anchor the outdoor oasis, with expansive walk-in steps that invite you to ease into the water at any depth. Gas fire features flank a swim-up bar — submerged barstools included — creating an atmosphere that feels closer to St. Barts than suburban Charlotte. The oversized pool bath is finished with dual showers and ornate granite, designed to serve guests all afternoon without a trip back indoors. This is outdoor living elevated beyond the expected. The dual outdoor kitchens are a statement of intent. Lakeside, a restaurant-quality setup awaits the host: gas griddle, commercial hood, warming drawers, and a full prep station capable of producing a dinner party from scratch. Poolside, a second kitchen keeps the energy flowing for casual cooking and effortless entertaining. Pair these with a guest cabana offering its own mini kitchen, a gazebo with dual water features, a wood-burning fire pit, and a lovingly tended herb and flower garden with an outdoor shower, and you have a property that entertains itself. The double-decker dock is not an amenity. It is a destination. Newly constructed with Trex-style composite materials and a special Gutter Deck waterproofed upper level, cool underfoot even in the height of summer, the upper deck is purpose-built for morning yoga, sunset wine, or simply standing above the water. Below, a 10,000 lbs. capacity boat lift and a Rotomag jet ski lift rotate mechanically into position on demand to make lake access effortless. Extra-wide stairs accommodate kayaks and paddleboards. A dedicated golf cart path connects the home to the dock without stepping through wet grass, and a lakeside landing with a porch swing ensures there is always one more reason to stay outside a little longer. The interior is designed for real life. A chef’s kitchen, artisan-bleached stonework great room, white-washed shiplap ceiling, and an open layout that flows the way a well-lived home should. Four bedrooms, three and a half baths, and 3,239 square feet that feel generous because every room connects seamlessly. Warm, refined, and livable — the interior is the quiet counterpart to the pageantry outdoors. The outdoor infrastructure at 5401 Mountain Point Lane — dock, lifts, pool system, fire features, dual kitchens, cabana, gazebo — represents your investment in lifestyle experiences that simply cannot be replicated elsewhere on this lake at this price point. Layered in a permanently protected preserve view, 1.61 private acres on a rectangular lot, and a three-car garage— The price is not a premium. It is the only amount that exists for a home of this caliber. There is no comparison. There is no alternative. There is only this property, and the decision to experience it in person. Private showings available by appointment — schedule yours today.


4 bed
3.5 bath
3,239 sqft
--
Single fam
Built 1991
3 car
A/C
Fireplace
Private pool
Your payment
$4,786/mo at 2.875%
You save $12,626/year compared to a new mortgage.

VA loan: $523,702 at 2.88%
Gap loan: $0
Payment details
Home price
$1,999,000

Down payment
$1,475,297

Total loan (2.88%)
$523,702
VA loan (2.88%)
$523,702
Gap loan (7.13%)
$0

Term
24 yrs 10 mo

Tax rate

× $1,999,000 = $15,392/yr

Premium

Fees
Water/sewer
Electricity
Internet
Gas
Neighborhood
FAQ

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.

Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.

Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.

Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.

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Last updated: Jun 24, 2026 11:24 am
Listing agent: Gina Collias (704) 692-4774
Listing provided courtesy of: Lake Homes Realty LLC, (866) 525-3466
Details provided by CANOPYMLS and may not match the public record.
MLS ID: #4341424
Payment calculations are estimates and exact amounts will be confirmed by your agent.
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.
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