BEDS3
BATHS1 full
SQUARE FEET1,440
MLS#4430963
STATUSActive
PROPERTY TYPEResidential - Single Family
Property Description
Rare 7.7-Acre Development Opportunity in Northeast Charlotte. An exceptional opportunity to own 7.7 acres of beautiful, wooded land inside Charlotte's I-485 beltway, offering a rare combination of residential development potential, natural surroundings, and convenient access to city amenities. Currently zoned N1-A, the property allows residential development on lots of 10,000 square feet or greater, making it an attractive opportunity for builders, developers, and investors. Potential uses may include a small single-family home community of approximately 20?30 homes or a thoughtfully designed duplex or triplex development, subject to applicable zoning requirements, density limitations, and city approvals. City water and sewer are available. Whether you are a builder seeking your next residential project, a developer exploring new construction opportunities, or an investor looking for valuable land in a growing area, this property offers a unique combination of acreage, location, and potential.The property currently operates as a working farm and includes an approximately 1,400-square-foot home and two barns, adding character and potential flexibility for future plans. Ideally situated in northeast Charlotte, the property offers convenient access to I-485, Reedy Creek Park and Greenway, shopping, dining, healthcare, and everyday services while maintaining the peaceful atmosphere of a wooded, rural setting.
Property Features
Property Type: Residential - Single Family
Garage: 2
Heating: Central
Home Style: Ranch
Lot Size: 7.67 Acres
Stories: 1.0
Year Built: 1950
Feature Descriptions
Appliances: Refrigerator with Ice Maker
Days on Site: 3
Exterior: Wood
Foundation: Slab
Laundry: Inside
Parcel#: 105-221-01
Parking: Parking Space(s)
Sewer: Septic Installed
Water: Well
Local Schools
High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified
Listed By / Shown By
Listed By
Agency Name: ERA Live Moore
Agency Contact: Jenny@JennySellsCharlotte.com
Shown By
Agent Name: Doug Sutherland / Dunrobin Sutherland, an affiliate of Lake Norman Realty
Agent Phone: (704) 614-2341
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 8,393.06 per month $7,957.02 Principal & Interest $0.00 Property Tax (data not provided by mls) $436.04 Homeowner's InsuranceChange Payment Information
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8731 Faires Road | MLS# 4430963
This single family home located at 8731 Faires Road, Charlotte, NC 28215 is currently listed for sale with an asking price of $1,495,000. This property was built in 1950 and has 3 bedrooms and 1 full baths with 1440 sq. ft. Search Charlotte real estate on dougs.lakenormanrealty.com today.