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Key Facts

$1,400,000

$2,300,000 · Price reduced

Active Under Contract266 days on marketListed April 29, 2024

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Description

Looking for an income producing property in a sought-after location? Prefer to build? Property is ideally located in Charlotte and is adjacent to The Vineyards at Lake Wylie. Property is zoned R5, N1-C. Property includes 3 parcels. Parcel ID 113-073-42, 113-073-43 & 113-073-44. Parcels will NOT be sold separately. Property includes 11 mobile homes (considered personal property and owned by the sellers), 4 rental pads which contain mobile homes that the tenant owns PLUS one single family residence. Current occupancy is approx 95%. Wells and septic tanks on site. Current tenants are on a month-to-month lease. All personal property in Workshop/Storage does not convey. ALSO LISTED UNDER LOTS/ACRES MLS 4131885. NO CITY TAXES. County Taxes only! Close proximity to Charlotte Douglas Airport, I-85, I-485. Proposed Lynx Silver Line light rail extension with a stop at Sam Wilson Road. Paved Road Access. 328 feet of road frontage

Property Information

Property Type

Land

Zoning

R-5

Days on Market

266

MLS® Listing#

4131885

Property Features

Other Structures

Workshop

Utilities

Electricity Connected

Sewer

Private Sewer

Water Source

Well

Schools

Elementary:: Unspecified
Middle:: Unspecified
High:: Unspecified

Financial Details

HOA

None

Assessed Value

$852,000

Parcel Number

113-073-42

Affordability Calculator

Home Price

Down Payment

$280,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$7,451/mo

Principal $1,120,000 · Est. interest $1,562,500 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Charlotte, NC

$448,429
Median Listing Price: 65
Median Days on Market: 1,786
Median Sq Ft: $242
Median Price / Sq Ft: 3,845
Active Listings

This home’s price is 212% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Charlotte, NC.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
1506 Wandering Way Drive, Charlotte, NC	$980,000	3	3	1,957
6218 Cory Bret Lane, Charlotte, NC	$984,999	4	4	2,563
8600 Brownes Pond Lane, Charlotte, NC	$985,000	5	4	3,582
1916 Merriman Avenue, Charlotte, NC	$990,000	—	—	—
17515 Campbell Hall Court, Charlotte, NC	$990,000	5	4	4,920
1103 N Sharon Amity Road, Charlotte, NC	$995,000	5	5	3,342

Moving Cost Estimate

Listing Courtesy: Southern Homes of the Carolinas, Inc - pauline@lknrealtyteam.com

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.

Last Updated: 2024-04-29