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$ 549,900
Est. payment | /mo
5.09 Acres Lot
$ 549,900
Est. payment | /mo
5.09 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4378512
Lot Size 5.090 Acres
Acres 5.09
Property Sub-Type Lot
Property Description
Prime development opportunity in the heart of Monroe! This expansive ±5.10-acre site, comprised of two contiguous parcels, offers a unique high-yield residential pivot. Zoned RLD (Residential Low Density) within the City of Monroe jurisdiction, the property is ideally positioned for a boutique residential cluster subdivision with a potential yield of 10-14 lots. Unlike many rural tracts, this site benefits from superior access to city water and sewer services.
The property features a charming 3,218 sq. ft. home built in 1920, which can be reimagined as a central clubhouse, HOA amenity center, or administrative office to anchor your new development. Alternatively, the site is well-suited for institutional uses such as assisted living, daycare, or private educational facilities via a Special Use Permit (SUP) through the Board of Adjustment.
With two manageable parcels (2.69 and 2.41 acres), investors can explore phased development or immediate resale of one half. Take advantage of this rare find in the Sunset/Franklin neighborhood where large, developable acreage within city limits is a finite resource. Don't miss the chance to bring modern infill density to a location that maintains its distinct neighborhood character.
The property features a charming 3,218 sq. ft. home built in 1920, which can be reimagined as a central clubhouse, HOA amenity center, or administrative office to anchor your new development. Alternatively, the site is well-suited for institutional uses such as assisted living, daycare, or private educational facilities via a Special Use Permit (SUP) through the Board of Adjustment.
With two manageable parcels (2.69 and 2.41 acres), investors can explore phased development or immediate resale of one half. Take advantage of this rare find in the Sunset/Franklin neighborhood where large, developable acreage within city limits is a finite resource. Don't miss the chance to bring modern infill density to a location that maintains its distinct neighborhood character.
Location
State NC
County Union
Zoning RLD
Exterior
Street Surface Paved
Building
Sewer Septic Installed
Water Well
Schools
Elementary Schools East
Middle Schools Monroe
High Schools Monroe
Others
Senior Community false
Special Listing Condition None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Elrod • Keller Williams Ballantyne Area • listings@hprea.com
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