TRIAD IDX / Coldwell Banker Realty / Melissa Kratz Coldwell Banker - Lexington/Lake Murray
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The immediate area continues to see strong redevelopment activity, with nearby properties such as 4500 and 4510 Town & Country selling for $1.2M & $1.3M respectively, reinforcing the strength of the location and the continued demand for new construction. Surrounded by multi-million dollar homes and ongoing investment, this site is well-positioned for a custom build or luxury spec project with compelling resale potential.
The lot itself features favorable topography and a generous footprint, supporting efficient construction and flexible design possibilities. A neighboring parcel between the property and Carmel Road provides a natural buffer, helping to soften direct exposure while still offering convenient access to major corridors and amenities.
One of the most distinctive features of this property is its direct proximity to Carmel Road Park. With tennis, pickleball, & basketball courts, a playground, and expansive open field space just beyond the rear boundary, the setting offers a unique blend of recreation and open green space that is increasingly sought after by today’s buyers. The result is a rare combination of accessibility, lifestyle, and the benefit of no direct rear neighbors.
In addition to its redevelopment potential, the existing home provides meaningful utility for buyers considering a phased approach. The current structure can serve as a rental or short-term income property while future plans are developed, offering flexibility for investors or end-users seeking to secure a premium lot today while building toward a longer-term vision. In a high-demand SouthPark location, this optionality adds another layer of value not often found in similar offerings.
Whether the goal is to build a custom residence, develop a luxury spec home, renovate and expand, or hold as an income-producing asset, this property supports multiple strategies within a proven and appreciating market.
Opportunities to secure well-located land with both immediate usability and long-term redevelopment potential in SouthPark are increasingly limited. This is a chance to invest in location, flexibility, and future value in one of Charlotte’s most desirable neighborhoods. Buyer to verify all information including zoning, setbacks, and development requirements.