113 Stonecrest Circle

Concord, NC 28027

About this property

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!

About this property

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!

Features and Additional Information

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$375,000 Active Under Contract
3 Bed(s)
1
Bath
1,175 sqft

Presented By Ida Terbet

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Get in touch today! Phone: 1-919-539-6409
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Area Information

Cabarrus | Cabarrus County | None

$ 375,000
This listing is play_arrow 16.7% lower than the average in the area
$ 450,000 in the area
1,175 SqFt
This listing is play_arrow 38.4% smaller than the average in the area
1,907 SqFt in the area
$ 319 $/SqFt
This listing is play_arrow 1.0% less than the average in the area
$ 322 $/SqFt in the area
75 days on site
This listing is play_arrow 70.5% above the average in the area
44 days on site in the area

Schools in the Area

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    Elementary School
    Wolf Meadow
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    Middle School
    J.N. Fries
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    High School
    West Cabarrus

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Listed By Todd Beddard
Brokerage: Real Broker, LLC

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Ida Terbet

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