$860,000
$895,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
0.52 Acres Lot
SOLD DATE : 07/24/2023
Key Details
Sold Price $860,000
Property Type Vacant Land
Sub Type Lot
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3933048
Sold Date 07/24/23
Lot Size 0.520 Acres
Acres 0.52
Lot Dimensions 168x140x158x141
Property Sub-Type Lot
Property Description
This parcel has great potential for a number of different scenarios. Current home can be renovated/enlarged & an accessory dwelling could be added in the rear. Highest and best use at this price level likely necessitates a tear down of current home for a 2 lot subdivision. The property faces on Eastway Street & shares a corner with Pinecrest Street. The linear footage of 168' on Eastway & 148' on Pinecrest should allow subdivision w/ no alley requirements. All future plans should be discussed with the Town of Davidson Planning Department to make certain of their rulings. There is not a property survey, but there is the original plat map for the Thompson Development & we based our figures on 0.524 acres. Comparable sales analysis is in the attachments for several recent sales in a 2 block vicinity. This parcel is located in the Davidson Village Infill Planning Area & Yellow Overlay District. Please the attachments for guidelines and FAR Calcualtions - quick summary in agent remarks.
Location
State NC
County Mecklenburg
Zoning VIP
Exterior
Community Features Street Lights
Utilities Available Cable Available, Cable Connected, Electricity Connected, Gas, Phone Connected, Satellite Internet Available, Wired Internet Available
Street Surface Paved
Garage false
Building
Lot Description Cleared, Corner Lot, Infill Lot, Level, Paved, Wooded
Sewer Public Sewer
Water City
Schools
Elementary Schools Davidson K-8
Middle Schools Davidson K-8
High Schools William Amos Hough
Others
Senior Community false
Restrictions Architectural Review,Square Feet,Use,Other - See Remarks
Acceptable Financing Cash, Construction Perm Loan, Conventional, Exchange
Listing Terms Cash, Construction Perm Loan, Conventional, Exchange
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Stan Perry • Helen Adams Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "