
$255,000 $206/sqft
242 Water Oak Drive
Pineville, NC 28134
3 bd · 1 ba · 1,235 sqft · 1987 · DOM: 89 d
Park Lake has the feel of a tucked-away townhome enclave with a distinctly local rhythm.
Community overview based on MLS listing data for Park Lake, Pineville
Park Lake has the feel of a tucked-away townhome enclave with a distinctly local rhythm. The setting centers on Water Oak and Mallard drives, where homes sit close to one another but open onto something bigger: lake views, walking paths, and the everyday energy of Pineville Lake Park just beyond the community edge. It is the kind of place that feels connected to the town around it while still offering a clear sense of its own identity.
"Lake views, park access, and an easy Pineville location define the neighborhood’s appeal."
Most homes here are townhomes and attached residences built in the late 1980s, with a handful of larger detached homes mixed in. The architecture leans practical and comfortable rather than ornate, with open floor plans, main-level living spaces, decks, patios, and plenty of indoor-outdoor flow. Many homes feature lake outlooks or pond-adjacent settings, and some include fenced yards, storage sheds, or lower-level bonus areas. Garages appear on a smaller share of homes, while pool access is a major part of the community identity. Overall, Park Lake reads as a low-maintenance neighborhood where updates, usable outdoor space, and proximity to amenities matter just as much as square footage.
Daily life here naturally gravitates toward the water and the park. Pineville Lake Park, the splash pad, sidewalks, and walking trails are a big part of the draw, and nearby Pineville Park adds even more recreation with a community center, gym, basketball courts, playgrounds, a waterpark, a dog park, and access to the Little Sugar Creek Greenway. The community pool is another signature feature, and residents also benefit from the easy walk to the lake, picnic areas, and amphitheater programming in the broader park area. Shopping and dining are close enough to feel effortless, with Carolina Place Mall and downtown Pineville both within a short drive or stroll depending on the destination.
"This is a neighborhood where recreation and convenience meet at the front door."
Park Lake sits in the heart of Pineville, near Main Street and the I-485 corridor, with quick access to I-77 as well. Public remarks consistently point to downtown Pineville, Carolina Place Mall, and the surrounding shopping and dining scene as nearby anchors, and Carowinds is also within easy reach. School assignments commonly point to Pineville Elementary, Quail Hollow Middle, and South Mecklenburg High, placing the community within the Charlotte-area school network. For buyers who want a Pineville address with straightforward access to major roads, local parks, and everyday conveniences, Park Lake offers a location that is easy to understand and easy to live with.
Palmetto Park Realty Team · Pineville
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Closed sales from MLS history for Park Lake, Pineville
Park Lake median sale price is $232,400; Pineville is down 3.4%.
The Park Lake real estate market shows balanced market conditions. Homes typically sell within 45 days. With 0 active listings and 4 homes sold in the past year, a healthy balance exists between buyers and sellers.
Listings taken off the market in the past year in Park Lake, Pineville
These homes are no longer available, but they show recent pricing and listing activity in Park Lake. Our agents can help you watch for new listings in this area.
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