557 Melbourne Court | Sinko Realty LLC
$899,000
Active NEW 0 days

557 Melbourne Court

Charlotte, NC, 28209

0 Bedrooms | 0 Bathrooms | 0 Sq Ft | 0.29 Acres
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Property Description

This fully cleared and build-ready vacant lot presents a rare opportunity in the highly sought-after Sedgefield neighborhood. The previous home has been completely demolished and all trees removed, saving you considerable time and expense. Spanning an impressive ~200 feet in depth โ€” a rarity in Sedgefield โ€” the lot offers generous space for a spacious custom home, swimming pool, pool house, and private backyard oasis. This turnkey opportunity is situated in an area of strong high-end development. Directly behind the property on Marsh Road, a resale home recently sold for $3 million, and a stunning custom home is currently under construction directly behind this lot โ€” clear indicators of robust demand and excellent investment potential. Outstanding contemporary California-style architectural plans, custom-designed specifically for this site by Misenheimer Design over the past 7 months (including a dedicated pool house), are available. The site plans have been completed by Kimley-Horn and, together with the fully engineered architectural drawings, are ready for LDIRL and permit submittal. This versatile lot offers multiple options: purchase it as-is (without plans) for your own custom build, or utilize the existing plans for a turnkey custom home or spec home. Pre-sale pricing for a spec home is available upon request. Please contact the agent for additional details. With this exceptional depth, the lot delivers the perfect balance for your dream home, pool, pool house, and ample private yard space. Donโ€™t miss this perfectly prepared blank canvas, ready for your vision. Architectural and site plans are available upon request with an acceptable offer.

Property Details

Property Type: Lot
Year Built: N/A
Living Area: 0 sq ft
Lot Size: 0.29 acres
Bedrooms: 0
Bathrooms: 0
Subdivision: Sedgefield
Water: City
Sewer: Public Sewer

Schools

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Financial Information

List Price: $899,000
HOA: No
Listing Information
Status: Active
MLS #: 4370120
Listing Firm: Corcoran HM Properties
Listing Agent: Ryan Palmer
Agent Email: ryanpalmer@hmproperties.com

Market Insights

Charlotte is a Buyer's Market

Inventory is high and competition is low. Buyers have more negotiating power.

Buyer's Market Seller's Market
150 Active Listings
18 Sold (Last 90 Days)
25 mo Inventory
-
92%
List to Sale Price
Homes typically sell for 8% below list price.
~
41 days
Avg. Days on Market
Homes typically go pending in about 6 weeks.
$
$139,000
Median Sale Price
Based on 18 recent sales

Estimated Monthly Payment

Full Calculator โ†’
Estimated Payment
$5,557
per month
Payment Breakdown
Principal & Interest $4,546
Property Tax (est.) $749
Insurance (est.) $262
Total Monthly $5,557

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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Equal Housing Opportunity: Sinko Realty LLC is committed to the principle of equal housing opportunity. All listings are subject to the Federal Fair Housing Act.

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