$1,180,000
About this home
This undeveloped 1.2 acre property is located directly across from The Arboretum on Pineville-Matthews Road, offering a rare investment opportunity consisting of two prime lots sold as a single acquisition. The site is characterized by mature trees and its proximity to an established neighborhood, balancing a quiet setting with immediate access to major retail, dining, and transportation corridors leading to Uptown Charlotte. The seller commissioned Tim Finein of Peadon Finein and Sarah Stewart of Dogwood Engineering to conduct a proposed site plan for the combined parcels. Based on City of Charlotte setback requirements and design standards, it has been determined that the site can potentially accommodate 8 townhomes using a Cottage Court design layout. Initial meetings with City of Charlotte staff regarding this specific density and site use have resulted in positive feedback. This listing represents a high potential development opportunity in a core Charlotte location with preliminary due diligence already in place.
Property details
- MLS #
- CAR4203485
- Property type
- Lot
- Subdivision
- Arboretum Crossing
- Status
- Active
- Days on market
- 494
- On market date
- January 11, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- 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
- 639
- Student:teacher ratio
- 15.6:1
- District
- Charlotte-Mecklenburg Schools
- Enrollment
- 1,159
- Student:teacher ratio
- 17.3:1
- 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 July 8, 2026.
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.