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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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113 Stonecrest Cir SW , Concord, NC 28027
$375,000
Est. Payment: $833.33/mo
3 Bed
1 Bath
1175 Sqft
Status: Under Contract-Show | Days on site: 98
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3728 - 44603
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House Description

Prime development opportunity -- 5.532 acres (per survey) with approved water/sewer allocation for 4 homes. Rare opportunity to acquire two adjoining parcels totaling approximately 5.5 acres in a desirable and growing Concord location. This property offers exceptional development potential, with City of Concord approval already in place for water and sewer taps for four (4) new construction homes, each approved for 3-bedroom floor plans. The site currently includes an existing all-brick, 3BR/1BA home that is best suited for full renovation or tear-down, allowing a developer or investor to reposition the property for maximum value. The combined acreage provides flexibility for thoughtful site planning, new home layout, and future resale or rental strategy. Property has been surveyed and prospective parcel subdivision plan for four large lots is available. Located at 113 and 115 Stonecrest Circle SW, the property benefits from proximity to major corridors, schools, shopping dining, and employment centers, while still offering a more private residential setting. Concord's continued growth and strong demand for new housing makes this an ideal project for builders seeking a small residential development with key infrastructure approvals already secured. Highlights: - Two parcels: 113 Stonecrest Circle SW (PIN 5529533055) and 115 Stonecrest Circle SW (PIN 5529523808); - 5.532 acres combined (survey available); - City-approved water and sewer taps for 4 new build homes (or renovate existing home and 3 new builds, or envision additional possibilities); - Approved for 3-bedroom homes; - Existing home will require significant renovation (renovate or tear down); - Level to rolling topography, partially cleared; - Land features privacy, mature trees, and small creek; - Strong Concord market with ongoing residential demand; - Ideal for developer, builder, rehabber, or investor. A turnkey opportunity to move forward with development while avoiding much of the initial entitlement process. Property sold 'as-is'. Come make this yours today!

Highlights

Listed by Todd Beddard , 704-451-1246 Real Broker, LLC , 855-450-0442.

Property Type

Residential

Lot/Acreage
5.53

Year Built

1947

County

Cabarrus

Neighborhood

None

Listing ID

4392315

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Floor:Linoleum,Wood
Above Ground Sq Ft:1175
Below Ground Sq Ft:0
Basement:Basement Shop,Exterior Entry,Storage Space,Unfinished,Walk-Out Access
Other:
  • Additional:Has Fireplace, Master on Main
Water:Public,Tap Fee Required,Well

Exterior Features

Lot:Cleared,Level,Private,Rolling Slope,Creek/Stream,Wooded
Roof:Composition
Sewer:Public Sewer,Septic Installed,Tap Fee Required
Parking Features:Driveway
Principal Interest
$833
Taxes
$239

Home Price

$375,000

Loan Details

30 yrs
%

Down Payment

20%
$75,000
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Monthly Price:
$833.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $833.33 $239.06 $0.00 $1,072.40
Yearly $10,000.00 $2,868.75 $0.00 $12,868.75
Total $300,000.00 $86,062.50 $0.00 $386,062.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Concord, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.