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$1,495,000

Listing Price

3beds

1baths

1,440sqft

261,360sqft lot

8731 Faires Rd, Charlotte, NC 28215

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

New Listing

Off Market

Single Family

Home type

313.4

Price / sqft

1950

Year built

Home Details

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.

Interior Details

Square Feet
  • 1440

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 261360

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,821

$102,600

$102,200

--%

$204,800

2019

$1,798

$102,600

$102,200

--%

$204,800

2018

$2,436

$137,400

$78,100

--%

$215,500

2017

$2,416

$137,400

$78,100

--%

$215,500

2016

$2,384

$137,400

$78,100

--%

$215,500

2013

$2,319

$137,400

$78,100

--%

$215,500

2012

$2,200

$137,400

$80,500

--%

$217,900

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Average Home Price in 28215

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$380,962

3 Beds

2 Baths

1,352 Sqft

19,166 Lot (sqft)

Sold 10/03/2026

$315,887

3 Beds

2.5 Baths

1,560 Sqft

7,536 Lot (sqft)

Sold 07/01/2026

$299,900

3 Beds

2 Baths

1,258 Sqft

7,187 Lot (sqft)

Sold 10/18/2026

$1,495,000

3 Beds

1 Baths

1,440 Sqft

261,360 Lot (sqft)

Sold 10/22/2026

$307,909

3 Beds

2 Baths

1,344 Sqft

19,602 Lot (sqft)

Sold 10/13/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,495,000
$
Down payment
299,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
8,970
$
HOA (Monthly)
0
$
PMI
0
$
$9,677
Your Payment
Total Monthly Payment:$9,677
Percent of Income:166%
Affordable:No

Details for 8731 FAIRES RD

Property Debt

Foreclosure Contact Details