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$1,495,000
Listing Price3beds
1baths
1,440sqft
261,360sqft lot
8731 Faires Rd, Charlotte, NC 28215
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Full foreclosure details
Home value, equity and ownership info
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For Sale
New Listing
Off Market
Home type
Price / sqft
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
1440
3
1
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
261360
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
N/A
Brick
N/A
Gable
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
Average Home Price in 28215
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