8731 Faires Road, Charlotte NC
- 3 Bed
- 1 Bath
- 1440 ft2
- 7.7 ac
For Sale $1,495,000
Remarks:
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.
General Information:
| List Price: | $1,495,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1440 sqft |
| Parking: | Parking Space(s) |
| MLS Number: | CAR4430963 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 1 |
| Year Built: | 1950 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-23-2026 | Listed | $1,495,000 | $1,039 |
| 02-05-2026 | Listed | $450,000 | $313 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Joseph W Grier Academy | 3 miles | PK-05 | 7 |
| J H Gunn Elementary | 3 miles | KG-05 | 3 |
| Reedy Creek Elementary | 3 miles | PK-05 | 7 |
| A.C.E. Academy | 3 miles | KG-06 | 1 |
| Charlotte Choice Charter | 4 miles | KG-06 | 1 |
| Devonshire Elementary | 4 miles | KG-05 | 2 |
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.
Properties For Sale Nearby
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 |
| 8731 Faires Road, Charlotte NC | 0 mi | $1,495,000 | days | |
| 11118 Gold Pan Road, Charlotte NC | 0.1 mi | $339,000 | days | |
| 11207 Gold Pan Road, Charlotte NC | 0.2 mi | $299,900 | days | |
| 8500 Four Sisters Lane, Charlotte NC | 0.2 mi | $300,000 | days | |
| 11709 Avocet Street, Charlotte NC | 0.2 mi | $319,900 | days | |
| 11805 Avocet Street, Charlotte NC | 0.2 mi | $319,900 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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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)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28215
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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.
Property Listing Information
A Courtesy Listing Provided By ERA Live Moore
8731 Faires Road, Charlotte NC is a 1440 ft2 on a 7.670 acres Appraisal lot. This is for $1,495,000. This has 3 bedrooms, 1 baths, and was built in 1950.
Based on information submitted to the MLS GRID as of 2026-10-23 00:35:27 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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