Prime development opportunity -- 5.532 acres (per survey) with approved water/sewer allocation for 4 homes. Rare opportunity to acquire two adjoining parcels totaling approximately 5.5 acres in a desirable and growing Concord location. This property offers exceptional development potential, with City of Concord approval already in place for water and sewer taps for four (4) new construction homes, each approved for 3-bedroom floor plans. The site currently includes an existing all-brick, 3BR/1BA home that is best suited for full renovation or tear-down, allowing a developer or investor to reposition the property for maximum value. The combined acreage provides flexibility for thoughtful site planning, new home layout, and future resale or rental strategy. Property has been surveyed and prospective parcel subdivision plan for four large lots is available. Located at 113 and 115 Stonecrest Circle SW, the property benefits from proximity to major corridors, schools, shopping dining, and employment centers, while still offering a more private residential setting. Concord's continued growth and strong demand for new housing makes this an ideal project for builders seeking a small residential development with key infrastructure approvals already secured. Highlights: - Two parcels: 113 Stonecrest Circle SW (PIN 5529533055) and 115 Stonecrest Circle SW (PIN 5529523808); - 5.532 acres combined (survey available); - City-approved water and sewer taps for 4 new build homes (or renovate existing home and 3 new builds, or envision additional possibilities); - Approved for 3-bedroom homes; - Existing home will require significant renovation (renovate or tear down); - Level to rolling topography, partially cleared; - Land features privacy, mature trees, and small creek; - Strong Concord market with ongoing residential demand; - Ideal for developer, builder, rehabber, or investor. A turnkey opportunity to move forward with development while avoiding much of the initial entitlement process. Property sold 'as-is'. Come make this yours today!
Sewer: Public Sewer, Septic Installed, Tap Fee Required
Laundry Features: Utility Room
Cooling: None
Utilities: Electricity Connected
Water Source: Public, Tap Fee Required, Well
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Middle Or Junior School: J.N. Fries
HOA Subject To: None
Lot Info
Lot Features: Cleared, Level, Private, Rolling Slope, Creek/Stream, Wooded
Lot Size Units: Acres
Parcel Number: 5529-53-3055-0000
Lot Size Acres: 5.532
Additional Parcels Description: 5529-52-3808-0000
Additional Parcels: Yes
Zoning Specification: RM-2
MLS Schools
Elementary School: Wolf Meadow
High School: West Cabarrus
Map
Range of Values:
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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics
Collateral Analytics
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First American
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Quantarium
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Average Value
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List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2026
$3,039
$286,290
$150,000
$136,290
2025
$2,851
$286,290
$150,000
$136,290
2024
$2,851
$286,290
$150,000
$136,290
2023
$2,050
$168,000
$90,000
$78,000
2022
$2,050
$168,000
$90,000
$78,000
2021
$2,050
$168,000
$90,000
$78,000
2020
$2,050
$168,000
$90,000
$78,000
2019
$1,640
$134,420
$66,000
$68,420
2018
$1,613
$134,420
$66,000
$68,420
2017
$1,586
$134,420
$66,000
$68,420
2016
$941
$130,380
$66,000
$64,380
2015
$1,538
$130,380
$66,000
$64,380
2014
$1,538
$130,380
$66,000
$64,380
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
06/10/202606/10/26
For Sale
$375,000
--
$319 / Sq Ft
Source: Canopy MLS
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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