Photo 1 of 22
$860,000
Sold on 7/24/23
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On the market:
162 days
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View full details, 15 photos, school info, and price history
This parcel has great potential for a number of different scenarios. Current home can be renovated/enlarged & an accessory dwelling could be added in the rear. Highest and best use at this price level likely necessitates a tear down of current home for a 2 lot subdivision. The property faces on Eastway Street & shares a corner with Pinecrest Street. The linear footage of 168' on Eastway & 148' on Pinecrest should allow subdivision w/ no alley requirements. All future plans should be discussed with the Town of Davidson Planning Department to make certain of their rulings. There is not a property survey, but there is the original plat map for the Thompson Development & we based our figures on 0.524 acres. Comparable sales analysis is in the attachments for several recent sales in a 2 block vicinity. This parcel is located in the Davidson Village Infill Planning Area & Yellow Overlay District. Please the attachments for guidelines and FAR Calcualtions - quick summary in agent remarks.
Listing courtesy of Mary Lib Richards, Keller Williams Lake Norman