For Sale $1,500,000
LAND (2 Lots facing Albemarle Road) HOUSE (5514 Grafton Place) for a total acreage of .981. Lots are vacant with zoning of R17MF. House is very charming with lots of handmade features built in 1952 and moved to the lot in 1960's. With rezoning of the house lot, this property would be great for apartments or your business. City water, City sewer, and natural gas on house lot. Check with City of Charlotte for availability for vacant lots. Tap fees are not paid for vacant lots. Excellent location for your next business or project. DON'T LET THIS OPPORTUNITY GET AWAY. MAKE YOUR OFFER TODAY. Thank you for your interest.
Split Bedroom, Walk-In Closet(s)
| List Price: | $1,500,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2542 sqft |
| Parking: | Attached Carport |
| MLS Number: | CAR4211262 |
| Subdivision: | Hillcrest Acres |
| Style: | Arts and Crafts |
| Bathrooms: | 2 |
| Lot Description: | Sloped |
| Year Built: | 1952 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 06-06-2025 | Price Decrease | $1,500,000-11.76% | $591 |
| 04-27-2025 | Listed | $1,700,000 | $669 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Idlewild Elementary | 1 miles | PK-05 | 7 |
| Albemarle Road Elementary | 2 miles | KG-05 | 2 |
| Merry Oaks Elementary | 2 miles | PK-05 | 2 |
| Piney Grove Elementary | 2 miles | PK-05 | 4 |
| Charlotte Choice Charter | 2 miles | KG-06 | 1 |
| Chantilly Montessori | 3 miles | PK-05 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 5514 Grafton Place, Charlotte NC | 0 mi | $1,500,000 | days | |
| 5224 Amity Springs Drive, Charlotte NC | 0.3 mi | $195,000 | days | |
| 2958 Iron Gate Lane, Charlotte NC | 0.3 mi | $189,999 | days | |
| 2916 Iron Gate Lane, Charlotte NC | 0.3 mi | $199,900 | days | |
| 5832 Amity Springs Drive, Charlotte NC | 0.3 mi | $190,000 | days | |
| 5921 Amity Springs Drive, Charlotte NC | 0.3 mi | $250,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By J Godwin Realty
5514 Grafton Place, Charlotte NC is a 2542 ft2 on a 0.981 acres lot. This is for $1,500,000. This has 3 bedrooms, 2 baths, and was built in 1952.
Based on information submitted to the MLS GRID as of 2025-04-27 10:56:07 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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