3 Beds
1 Bath
1,397 SqFt
3 Beds
1 Bath
1,397 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,397 sqft
Price per Sqft $292
MLS Listing ID 4389142
Style Ranch
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 855
Year Built 1950
Lot Size 0.505 Acres
Acres 0.505
Property Sub-Type Single Family Residence
Property Description
Rare opportunity to secure a 1/2+ acre infill homesite with NO HOA in the established Oakhurst area! Located less than 10 minutes from Uptown Charlotte and Bank of America Stadium, this property offers exceptional potential for investors, builders, and developers looking to capitalize on the demand for luxury new construction in a desirable residential setting.
Surrounded by neighboring properties featuring newer construction with price points ranging from approximately $1M–$1.4M, this property presents an exciting opportunity to explore redevelopment and create a custom luxury residence that complements the evolving character of the surrounding neighborhood.
The expansive lot offers ample space for a substantial home, generous outdoor living areas, and a private backyard retreat. A natural stream meandering along the wooded rear edge of the property adds a distinctive natural element, offering privacy and the potential for a picturesque, secluded outdoor setting.
Whether you're a builder seeking your next luxury spec home project, an investor pursuing a strategic infill opportunity, or a buyer envisioning a custom-built residence, 5057 Erickson Road offers an attractive combination of land, location, and surrounding new-construction activity.
Bring your buyer or builder, explore the possibilities, and envision the potential at 5057 Erickson Road!
Property is being marketed primarily as a redevelopment opportunity; however, the existing home may also offer renovation or remodeling potential. Buyers to independently verify zoning, permitted uses, buildability, stream and buffer requirements, utilities, setbacks, and all aspects of development feasibility.
My recommendation
I would keep the phrase "strategic infill opportunity" because it speaks directly to experienced builders and investors.
I would also retain the existing-home renovation language. It broadens your buyer pool to include someone who may want to renovate rather than undertake a complete redevelopment.
One additional marketing point: If the stream and wooded rear setting limit the buildable area, having a preliminary survey or site assessment available could help investors evaluate the opportunity with greater confidence.
Location
State NC
County Mecklenburg
Zoning R
Rooms
Basement Apartment, Exterior Entry, Interior Entry, Partially Finished, Walk-Out Access
Guest Accommodations Exterior Connected,Separate Entrance,Other - See Remarks
Main Level Bedrooms 2
Main Level Living Room
Main Level Primary Bedroom
Main Level Bedroom(s)
Main Level Kitchen
Basement Level Flex Space
Basement Level Flex Space
Interior
Heating Heat Pump
Cooling Central Air
Fireplace false
Appliance None
Laundry Electric Dryer Hookup
Exterior
Garage Spaces 1.0
Fence Partial
Roof Type Architectural Shingle
Street Surface Dirt,Gravel,Paved
Garage true
Building
Lot Description Private, Wooded
Dwelling Type Site Built
Foundation Basement, Other - See Remarks
Sewer Public Sewer
Water City
Architectural Style Ranch
Level or Stories One
Structure Type Aluminum,Other - See Remarks
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Estate
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