Lot for Sale in Charlotte, NC 28205 – 1 Bedroom, 1 Bath – $699000

Development Opportunity – Imagine owning **1.4 acres** in one of Charlotte’s most vibrant growth corridors: 2217 Eastway Dr. This exceptional parcel offers a blank canvas for visionary developers, savvy investors, or families wanting to build a lasting urban legacy. Here, the potential is not just big—it’s transformative.
Outstanding Features: Generous Size: With 1.4 acres, there’s ample room for multiple development options: a luxury single-family home, duplex or triplex—depending on zoning and permitting requirements. There’s space for amenities, gardens or shared open areas, enabling a well-planned development that maximizes both density and quality of life.
Strategic Location: Eastway Drive is a connecting artery, close to commercial services, transit, schools, and major routes. Living or investing here means being connected to everything Charlotte has to offer, while benefiting from the growth that new developments bring to the area.
Flexible Use (with appropriate zoning): If the zoning allows for medium to high density, mixed use, or infill residential, this property could be adapted for:
1. Multiple-residential development: Several units—duplexes, triplexes, or four-plexes—making use of existing municipal services.
2. High-end single-family homes with spacious private lots, gardens, patios.
3. Mixed-use project with commercial or light office space at the front, transitioning to residential behind—extracting maximum utility and value from the land.
Upside in Value: In areas with strong residential demand and where zoning allows density or mixed-use, land values can increase rapidly. If developed now, with permits and good design, this parcel could yield substantial returns over time.
Enhanced Value Proposition (Based on Zoning Use): Assuming the zoning supports density or mixed use, this property becomes a strategic gem:
Infill strategy: Filling in underdeveloped parcels within the city avoids sprawl and is often encouraged by city policies.
Diversified income streams: Combining housing with small commercial uses (cafés, clinics, light offices) can generate recurring cash flow while preserving or increasing residential real estate value.
Urban lifestyle with space: For residents who want access to urban conveniences—shops, transit, amenities—but still value outdoor space, gardens, privacy, this offers the best of both.

2217 Eastway Dr is more than just land—it’s opportunity. A chance for those who see more than soil: who see community and the future. This site is ready for visionaries who want to build homes that serve the people of Charlotte or developments that set a standard. We invite those who know how to see not just what is, but what can be.
What N1-B Zoning Allows (and Requires)
From the Charlotte UDO / Neighborhood 1 Zoning Districts: Charlotte Unified Development Ordinance
Residential dwellings on lots 8,000 square feet or greater are permitted. read.charlotteudo.org
Permits single-family, duplex, triplex dwellings on all lots in this district. read.charlotteudo.org
Quadruplexes are allowed only on arterial streets, and only when an affordable housing unit is included in the dwelling.