About This Home

This 3-bedroom, 1-bathroom single family at 8731 Faires Road in Charlotte, NC is listed for $1,495,000 ($1,038 per sqft). Built in 1950, the home offers 1,440 sqft of living space on a 7.67 acres lot.

Key Features

  • Built in 1950
  • 7.67 acre lot

Property Details

1 story
1 full
2-car garage
1950

Amenities

A/C
Listing Description

Rare 7.7-Acre Development Opportunity in Northeast Charlotte. An exceptional opportunity to own 7.7 acres of beautiful, wooded land inside Charlotte's I-485 beltway, offering a rare combination of residential development potential, natural surroundings, and convenient access to city amenities.

Currently zoned N1-A, the property allows residential development on lots of 10,000 square feet or greater, making it an attractive opportunity for builders, developers, and investors. Potential uses may include a small single-family home community of approximately 20-30 homes or a thoughtfully designed duplex or triplex development, subject to applicable zoning requirements, density limitations, and city approvals.

City water and sewer are available. Whether you are a builder seeking your next residential project, a developer exploring new construction opportunities, or an investor looking for valuable land in a growing area, this property offers a unique combination of acreage, location, and potential.

The property currently operates as a working farm and includes an approximately 1,400-square-foot home and two barns, adding character and potential flexibility for future plans. Ideally situated in northeast Charlotte, the property offers convenient access to I-485, Reedy Creek Park and Greenway, shopping, dining, healthcare, and everyday services while maintaining the peaceful atmosphere of a wooded, rural setting.

Monthly Cost Estimate

$7,996/mo

20% down · 6.5% · 30 years

Principal$1,081
Interest$6,478
Insurance$436

Estimates only. Actual payments may vary.

Location

8731 Faires Road

Charlotte, NC 28215

Property Details

Construction

Wood

Heating

Central

Cooling

Central Air

Appliances

Refrigerator with Ice Maker

Questions & Answers

This 3-bedroom, 1-bathroom single family at 8731 Faires Road is listed at $1,495,000 ($1,038/sqft). The estimated monthly payment is $7,996 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 7.67 acre lot.

This property is listed by Jenny Greenspon.

JG

Jenny Greenspon

Agent at ERA Live Moore Real Estate

Listed by ERA Live Moore Real Estate · Broker phone: (704) 815-9315 · View on Broker Site · Broker website

MLS# 4430963· Source: Canopy MLS· 10 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8731 Faires Road, Charlotte, NC 28215

Open this listing in: