8731 Faires Road
Charlotte, NC, 28215 $ 1,495,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 10,326
for $1,495,000. The lot size is 7.67.
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.
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FeaturesGeneralSewer Septic Installed
Exclusions Camper and Horse Walker
Property Subtype Lot
Parcel Number 105-221-01
Additional Parcels Description 105-221-02
County Mecklenburg
Property Type Land
HOA N
Subdivision Name None
Possible Use Agricultural Commercial Residential
High School Unspecified
City Charlotte
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active Under Contract
Restrictions Use
Tax Assessed Value 556000
Listing Terms Cash Conventional
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ExteriorFencing Fenced
Water Source Well
Lot Size Area 7.67
Road Surface Type Gravel
Road Responsibility Private Maintained Road
Horse Amenities Barn
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InteriorBelow Grade Finished Area 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $10,326
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Charlotte, NC
Average List Price $859,938
Percent of Sale Price 42%
About Charlotte, NC 853,875 Population
49% Since 2002
$ 58,239 Median Income
36.13 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/23/2026 | $1,495,000 | | Listed Price |