NoDa’s most expensive house hits the market for $1.6M

The exact address is 704 E. 36th St., right off NoDa’s main commercial district. It’s 3,216 square feet with 4 beds and 2.5 baths.

At $1,595,000, the new asking price is nearly double what its former owners, who own NoDa Company Store, sold it for back in August 2018.

• “When I sold it [in 2018], it was the highest price sale in the NoDa, and when it sells this time, it will be the new trendsetter for highest pricing in NoDa,” Cooley said.

Driving the price: The current owner, Michael Haynes, bought the house for $800k in 2018. And he spent almost as much on renovating it, Cooley said.

• Haynes owns a landscaping company called The Loving Group. So in addition to interior upgrades, he did extensive landscaping and outdoor living renovations.
• The backyard now features a glass-enclosed indoor-outdoor living area, new pool and hot tub, decking and hardscaping, outdoor kitchen (with a pizza oven!!), fresh landscaping and a three-car garage.

No house has sold in NoDa for over $1M, Cooley told me, but several more modest homes have been purchased as tear downs with luxury homes built in their place.

• If those new builds hit the market in the next couple of years, they’ll sell north of $2M, Cooley predicts.

So far, offers have come in from current NoDa and Charlotte residents, as well as people relocating from outside of North Carolina.

• One person from San Diego, for example, flew in to see the house over the weekend, Cooley said.

Highlights: Welcoming front porch; stunning formal dining room with fireplace and floral wallpaper; rec room; large updated kitchen; spacious primary suite; new outdoor living space; luxury finishes throughout; professional landscaping.

• “It’s always been a jewel in the arts district,” Cooley said of the 1905 home.
• Cooley imagines the next owners will be people who like to entertain and who’d be proud to own a piece of Charlotte.

Here’s a look around.

Photos courtesy of Stephen Cooley Real Estate