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.
Representing a rare assembly of significant scale within Mecklenburg County, this forty-three-acre expanse provides a versatile landscape characterized by open grasslands, standing pines, and two ponds that transition into a hardwood forest at its perimeter. Located directly across from the Hendrick Motorsports complex with extensive frontage along Morehead Road, the property currently comprises four residential structures sold in as-is condition, though the site’s true utility lies in its strategic proximity to the I-85 and I-485 corridors. For the institutional investor or private developer, this offering presents a distinct jurisdictional profile, with the acreage split between the City of Charlotte and the county. While currently zoned for residential use, the submarket is experiencing a notable shift toward higher-density rezonings, making this one of the few remaining contiguous tracts of this size capable of supporting a large-scale vision. Detailed inquiries regarding zoning potential and site boundaries should be directed to our advisors. Private consultations and site tours are available 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 414 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
- 900 Houston Heights Road, Charlotte — $1,349,000, 4 bd, 2,974 sq ft, 1.9 mi away
- 9588 Pacing Lane Nw, Concord — $1,295,000, 4 bd, 3,641 sq ft, 2.7 mi away
- 6095 Diamond Place, Harrisburg — $1,042,200, 5 bd, 4,423 sq ft, 2.9 mi away
- 6021 Monticello Drive Nw, Concord — $1,600,000, 6 bd, 5,438 sq ft, 3.0 mi away
- 13027 Muscovy Court, Charlotte — $3,789,660, 3 bd, 1,798 sq ft, 3.4 mi away
- 133 Odell School Road, Concord — $1,250,000, 4.4 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.