Description
Prime Cotswold Infill Development Opportunity: Capitalize on the booming high-end redevelopment in South Charlotte’s highly desirable Cotswold area. This premium large 0.703-acre corner lot boasts exceptional visibility with 193 feet of frontage on N. Sharon Amity Road and 160 feet on Castleton Road. The immediate area is experiencing a massive wave of luxury revitalization, with new construction homes commanding between $1M and $2M plus. Leverage trends in the area where lot parcels are subdivided to maximize development density and ROI. The current N1-A zoning applied to this large lot allows by-right many development options, including: single-family homes, duet homes, and triplex homes. This property is also an excellent candidate for higher-density homes or townhomes per approved zoning as evidenced by other previous successful redevelopment projects in the area. Reference the attached site plan examples that show just a few of the possible development options to explore. This convenient South Charlotte Cotswold area is centrally located to nearby upscale shopping at SouthPark and just 5 minutes to Uptown Charlotte. An occupied home currently sits on the property. This dwelling is in overall very good condition and will be sold As Is. Buyer to verify all information including zoning rules and regulation for desired use. All site plans shown are for illustration purposes only and are subject to final design, building guidelines and zoning approval. The property owner/listing agent is a licensed NC real estate agent. Please contact the listing agent directly for all questions, details, and showing instructions. Please do not walk the property without a confirmed appointment.
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3BEDS
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0.7ACRES
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2BATHS
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01/2 BATHS
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1,669SQFT
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$584$/SQFT
School Information
Description
Prime Cotswold Infill Development Opportunity: Capitalize on the booming high-end redevelopment in South Charlotte’s highly desirable Cotswold area. This premium large 0.703-acre corner lot boasts exceptional visibility with 193 feet of frontage on N. Sharon Amity Road and 160 feet on Castleton Road. The immediate area is experiencing a massive wave of luxury revitalization, with new construction homes commanding between $1M and $2M plus. Leverage trends in the area where lot parcels are subdivided to maximize development density and ROI. The current N1-A zoning applied to this large lot allows by-right many development options, including: single-family homes, duet homes, and triplex homes. This property is also an excellent candidate for higher-density homes or townhomes per approved zoning as evidenced by other previous successful redevelopment projects in the area. Reference the attached site plan examples that show just a few of the possible development options to explore. This convenient South Charlotte Cotswold area is centrally located to nearby upscale shopping at SouthPark and just 5 minutes to Uptown Charlotte. An occupied home currently sits on the property. This dwelling is in overall very good condition and will be sold As Is. Buyer to verify all information including zoning rules and regulation for desired use. All site plans shown are for illustration purposes only and are subject to final design, building guidelines and zoning approval. The property owner/listing agent is a licensed NC real estate agent. Please contact the listing agent directly for all questions, details, and showing instructions. Please do not walk the property without a confirmed appointment.
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