$490,000
About this home
Rare corner lot opportunity in the highly sought-after and rapidly growing Collingwood/Madison Park area! Surrounded by stunning renovated homes and luxury new construction, this property offers incredible potential for investors (to flip and/or rent), builders, or buyers looking for their new home! One of the larger original homes in the neighborhood, it features a great floor plan, mid-century charm, and tons of renovation potential! N1-B zoning may also offer exciting redevelopment opportunities, including a potential luxury single family or duplex! Situated on a beautiful corner lot with a private backyard and peaceful pond and creek views. Just minutes from Uptown, South End, LoSo, and Park Road Shopping Center! No HOA and an unbeatable location! **PLEASE NOTE:** We understand there have been concerns regarding the sloping and uneven basement floors. The sellers had IDE Engineering evaluate the property, and their report and recommended repairs are available in the MLS attachments. Based on the engineer's findings, the recommended work is primarily cosmetic rather than a major structural concern. A quote for the recommended self-leveling repairs is also attached. **With an acceptable offer, the seller is willing to complete the repairs, provide a full credit, or negotiate a price reduction to account for the work.** A great opportunity with multiple options for buyers! Based on comparable sales, investing around **$50,000-$100,000** into the home improvements could create significant instant equity. Once renovated, the home has the potential to be worth **close to $700,000 or MORE**, making it an excellent opportunity for someone looking to build equity or potentially renovate and resell. Given the home's size and the comparable sales in the area, this is a fantastic investment opportunity!
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4382282
- Property type
- Single Family Residence
- Subdivision
- Selwyn Park
- Status
- Active
- Days on market
- 152
- On market date
- May 15, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 526
- Student:teacher ratio
- 14.6:1
- District
- Charlotte-Mecklenburg Schools
- Enrollment
- 508
- Student:teacher ratio
- 13.4:1
- District
- Charlotte-Mecklenburg Schools
- Enrollment
- 166
- Student:teacher ratio
- 41.5:1
- District
- Charlotte-Mecklenburg Schools
Walkability
Blended score for Charlotte's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Charlotte, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 3 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.