3322 Morehead Road, Charlotte, NC

$15,480,000

Listing courtesy of Magnolia Dream Real Estate (Jacob Starnes). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.

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The emergence of forty-three contiguous acres within the inner ring of Mecklenburg County represents a significant shift in the region’s development landscape. Situated directly across from the Hendrick Motorsports complex, this expansive tract offers a diverse topography ranging from open grasslands and standing pines to two ponds and a dense hardwood forest at the rear. The assembly includes four existing residences, though the value proposition resides entirely in the land and its extensive frontage along Morehead Road. With proximity to the I-485 and I-85 corridors, the site is currently zoned for residential use, yet it occupies a submarket where evolving municipal boundaries and neighboring zoning shifts suggest a much broader utility. For the strategic buyer, the scarcity of large-scale acreage in such a high-velocity transit area provides a rare blank canvas for significant capital deployment. A quiet analysis of the site’s potential and private viewing arrangements may be coordinated through Peters & Associates.

About the home

Highly sought after in the heart of Mecklenburg County, this 43-acre property is fresh to the market and ready to be utilized to its full potential. With thousands of feet road frontage to Morehead Road, convenient access to 485, I-85, and Hwy 29, the possibilities are endless. This acreage consists of open grass field, standing pines, two small ponds, and hardwood forest at the back of the property. All property line indications are approximate; buyer or agent can utilize aerial mapping services to get a better look at existing lines. There are four existing homes on the property, however, they will be sold As Is and have not added value to the listing of the land. Across the paved road from this acreage is the Hendrick Motorsports complex, and behind the property is Withrow Downs housing development. Part of the property is zoned in the city of Charlotte, and the rest is county. The property is currently zoned residential, but with zoning changes in the works already nearby, rezoning would surely be a possibility. Buyer should complete all due diligence with zoning and city ordinances. Builders, developers, or someone looking to own a piece of Charlotte, this is an opportunity you have been waiting on for a long time.

Price in context

  • Highest asking price of 62 active $1.5M+ homes in Charlotte.
  • Reduced $8,170,000 (34.5%) from the original $23,650,000 asking price.
  • 31 days on the market, listed 2026-09-08.
  • County tax assessment $720,400; the asking price is 21.49× the assessed value.

Location

Straight-line distances

  • Charlotte Country Club: 10.8 mi
  • Uptown Charlotte: 11.4 mi
  • SouthPark Mall: 15.3 mi
  • Wilson Air Center (private aviation, CLT): 15.9 mi
  • Charlotte Douglas International Airport: 16.2 mi
  • Quail Hollow Club: 18.6 mi

Features

County
Mecklenburg

Comparable homes on the market

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.