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$375,000
Community: Concord in Cabarrus County
Prime development opportunity -- 5.532 acres (per survey) with approved water/sewer allocation for 4 homes. Rare opportunity to acquire two adjoining parcels totaling approximately 5.5 acres in a desirable and growing Concord location. This property offers exceptional development potential, with City of Concord approval already in place for water and sewer taps for four (4) new construction homes. The site currently includes an existing all-brick, 3BR/1BA home that is best suited for full renovation or tear-down, allowing a developer or investor to reposition the property for maximum value. The combined acreage provides flexibility for thoughtful site planning, new home layout, and future resale or rental strategy. Property has been surveyed and prospective parcel subdivision plan for four large lots is available. Located at 113 and 115 Stonecrest Circle SW, the property benefits from proximity to major corridors, schools, shopping dining, and employment centers, while still offering a more private residential setting. Concord's continued growth and strong demand for new housing makes this an ideal project for builders seeking a small residential development with key infrastructure approvals already secured. Highlights: - Two parcels: 113 Stonecrest Circle SW (PIN 5529533055) and 115 Stonecrest Circle SW (PIN 5529523808); - 5.532 acres combined (survey available); - City-approved water and sewer taps for 4 new build homes (or renovate existing home and 3 new builds, or envision additional possibilities); - Existing home will require significant renovation (renovate or tear down); - Level to rolling topography, partially cleared; - Land features privacy, mature trees, and small creek; - Strong Concord market with ongoing residential demand; - Ideal for developer, builder, rehabber, or investor. A turnkey opportunity to move forward with development while avoiding much of the initial entitlement process. Property sold 'as-is'. Come make this yours today!
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