Possible for 2 SF homes or a 3 unit Triplex- see attachments - 5431 Park Road, Charlotte
Possible for 2 SF homes or a 3 unit Triplex- see attachments - 5431 Park Road, Charlotte
Possible for 2 SF homes or a 3 unit Triplex- see attachments - 5431 Park Road, Charlotte
Possible for 2 SF homes or a 3 unit Triplex- see attachments - 5431 Park Road, Charlotte
4 photos

$929,000

5431 Park Road
Charlotte, NC 28209
Listed by Rory Cummins · EXP Realty LLC Ballantyne
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Generous 0.61-acre lot in one of Charlotte's most desirable and centrally located areas in SouthPark with amazing schools, walkability and potential to subdivide and build new. Seller has explored options that could allow 2 SF homes or a 3 unit Triplex- see attachments. New construction homes in the area are selling from $2.8m-3.5m Conveniently located just minutes from SouthPark, Uptown Charlotte, shopping, dining, parks, hospitals, and major highways, this location offers easy access to everything Charlotte has to offer.

Property details

MLS
Canopy MLS
MLS #
CAR4184574
Property type
Lot
Subdivision
Picardy
Status
Active
Days on market
759
On market date
September 18, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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.

Elementary
Selwyn Elementary
1.18 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
618
Student:teacher ratio
15.1:1
District
Charlotte-Mecklenburg Schools
Middle
Alexander Graham Middle
1.2 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,270
Student:teacher ratio
17.9:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
10.08 mi away · Grades 11-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
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).

82
Highly walkable
out of 100
EPA National Walkability Index
13.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks9
Schools13
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Charlotte, from live MLS data.

On the market 759 days -- 690 more days than Charlotte's current average of 69 days.
For reference, the median list price across 5,683 active listings in Charlotte right now is $359,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,745/mo
$185,800 down
$743,200 loan
Principal & interest$4,820
Property tax (est.)$774
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 2 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.