Property Description:
This oversized 0.63-acre parcel off Old Statesville Rd offers a large-lot development opportunity, in a corridor that is directly supported by the 2040 Huntersville Community Plan, the Eastfield Road Small Area Plan, and recent Planning Board analysis. According to the Town’s land-use guidance, this area is specifically designated for moderate-density single-family residential, with staff emphasizing smooth transition zones when moving from major roads into established neighborhoods. Your lot’s depth, size, and flag-style geometry meet these criteria naturally.
A nearly identical 2024 new build at 15810 Cletus Brawley Rd (2,491 sf on 0.423 acres) sold for $620,000, establishing the clearest pricing benchmark for a proposed 2,500 sf plan. Additional sales, including 16204 Old Statesville Rd ($625,000) and 15817 Old Statesville Rd ($486,000) — confirm that buyers pay a premium for land size on this stretch. While the lot’s unconventional access and railroad adjacency will modestly temper the ceiling, the property’s estate-like feel and development flexibility still support a strong resale outcome.
🟣 Comparable Sales
- 15810 Cletus Brawley (2024) – 2,491 sf | 0.423 ac | $620,000
- 16204 Old Statesville (2024) – 2,073 sf | 0.94 ac | $625,000
- 15817 Old Statesville (2025) – 1,505 sf | 0.42 ac | $486,000
- Nearby 1-acre new-build cluster along Yellow Springs / Mankey (2024–2025) selling $680K–$790K, establishing an upper market bracket
- Land appraisal confirms $136,000 as-is value and SFR as highest & best use