Rare opportunity combining income-producing rentals and development potential in Charlotte's booming Steele Creek corridor. Recently approved N1-C zoning and a completed 17-unit subdivision sketch plan by Urban Design Partners (February 2026) position this 2.58-acre parcel for immediate development under Charlotte's UDO compact residential standards.
The sketch plan accommodates a mix of single-family, duplex, and triplex configurations at 6.6 DUA, served by a new public street — with all setbacks, green area, driveway ratios, and stormwater controls meeting current UDO requirements. Unit designs support two-car garages.
The site offers 360+ ft of Zoar Road frontage on mostly cleared, gently sloping terrain. Multiple meetings with Charlotte Water confirm gravity sewer extension feasibility (~400 ft from site), and public water is available at frontage.
Three existing short-term rental units generate $60K+ annually, providing holding income during development. A Tiny Capsule Home on-site is available for separate purchase.
Located minutes from Palisades, Lake Wylie, and the SC border, the site benefits from NCDOT's $138M NC-160 widening (SC line to I-485) — now in active ROW acquisition with construction targeted 2028–2030. This corridor serves 30,000+ daily vehicles, and the upgrade to a 4–6 lane divided highway will significantly enhance access and long-term value.
Aerial video: https://1drv.ms/v/c/cda6418cf81d04f0/IQRtBOaRaqqTSoRF4iUc-d8IAUIhug4Z9qDDxVwQUIceJpo?width=3840&height=2160
124 days
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143
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3
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Zillow last checked:
Listing updated:
Listed by:
Prad Lakshmipuramprad.laksh@redbricksre.com,
Red Bricks Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4370569
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4
Main level bedrooms: 3
Primary bedroom
Level: Main
Area: 199.83 Square Feet
Dimensions: 16' 5" X 12' 2"
Bedroom s
Level: Main
Area: 210 Square Feet
Dimensions: 10' 0" X 21' 0"
Bedroom s
Level: Main
Area: 156.01 Square Feet
Dimensions: 14' 1" X 11' 1"
Bedroom s
Level: 2nd Living Quarters
Bathroom full
Level: Main
Bathroom full
Level: Main
Bathroom full
Level: Main
Bathroom full
Level: 2nd Living Quarters
Family room
Level: Main
Area: 236.39 Square Feet
Dimensions: 15' 4" X 15' 5"
Kitchen
Level: Main
Area: 151.58 Square Feet
Dimensions: 9' 10" X 15' 5"
Living room
Level: Main
Area: 368.86 Square Feet
Dimensions: 25' 7" X 14' 5"
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Washer/Dryer