520 Central Drive Nw, Concord, NC
$1,000,000
Listing courtesy of Fathom Realty NC LLC (Grainger Gilbert). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
Recently inherited home sitting on approximately 1.64 acres. Currently zoned RC which allows up to 15 units per acre (per phone conversations with City of Concord). Property is being marketed as a development opportunity, either a multi family development or as single family lots. All development plans are subject to City of Concord approval, and any multifamily or single family lot permission needs to be approved through City of Concord. Currently the City of Concord is experiencing limited sewer capacity and any future development will need to go through the sewer allocation process before site approval. Property has an existing house sold as/is and is considered a tear down. Seller has answered to the best of their knowledge the Residential Property Disclosure, however their knowledge of the home details are limited since the original owner has passed.
Price in context
- 19th highest asking price of 19 active $1.5M+ homes in Concord.
- No price changes since it was listed.
- 537 days on the market, listed 2025-02-05.
- County tax assessment $219,300; the asking price is 4.56× the assessed value.
Location
Straight-line distances
- Charlotte Country Club: 17.6 mi
- Uptown Charlotte: 18.6 mi
- SouthPark Mall: 22.0 mi
- Wilson Air Center (private aviation, CLT): 23.2 mi
- Charlotte Douglas International Airport: 23.5 mi
- Quail Hollow Club: 25.2 mi
Features
- Lot
- Corner Lot
- County
- Cabarrus
Comparable homes on the market
- 3509 Milford Court Nw, Concord — $1,750,000, 5 bd, 4,260 sq ft, 2.1 mi away
- 452 Voyager Lane Ne, Concord — $1,095,000, 3 bd, 3,261 sq ft, 2.2 mi away
- 244 Colton Place Ne, Concord — $1,022,000, 3 bd, 3,012 sq ft, 2.2 mi away
- 115 Forest Cliff Court Ne, Concord — $1,375,000, 4 bd, 4,275 sq ft, 3.0 mi away
- 6021 Monticello Drive Nw, Concord — $1,600,000, 6 bd, 5,438 sq ft, 4.4 mi away
- 3560 Us Highway 601 Highway S, Concord — $18,000,000, 4.6 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.