Fully Approved 30-Lot Townhome Development — Ready to Break Ground
Price reduced to $1,900,000. Rare opportunity for a builder, multifamily developer, or build-to-rent operator to acquire a fully approved 30-lot attached-residential development in the Matthews/Charlotte market.
Situated on approximately 5.3 wooded acres along Simfield Church Road, the project is planned for a combination of duplex and triplex townhome-style homes. The development is fully approved and ready to break ground, allowing a buyer to avoid the time, expense, and entitlement risk normally associated with starting a residential project from scratch.
A major differentiator is the private road entrance, which provides the ability to create a distinctive gated or access-controlled community. This private-entry layout gives a future builder the opportunity to deliver a more controlled, cohesive, and premium-feeling neighborhood than a typical open-access townhome site.
City water and sewer are available. The offering includes approved plans, engineering information, conceptual renderings, and supporting development documents, enabling a qualified buyer to move directly into final budgeting, site-work coordination, product selection, and vertical construction planning.
The location offers convenient access to downtown Matthews, local dining and shopping, medical services, parks and greenways, I-485, and the U.S. 74/Independence Boulevard corridor for connectivity throughout the Charlotte metro area.
Ideal for:
Townhome and infill residential builders
Duplex and triplex developers
Build-to-rent developers and operators
Investors seeking an entitled project for construction, resale, or joint venture
The purchase includes PID 07147138A in Union County. Contact the listing agent for the complete development package, including approvals, plans, engineering, renderings, and supporting documentation.
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Zillow last checked:
Listing updated:
Listed by:
John Bolosmarcus-anderson@kw.com,
Keller Williams South Park,
Marcus Anderson,
Keller Williams South Park
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4416500
Facts & features
Interior
Interior area
Finished area below ground: 0
Property
Lot
Size: 4.99 Acres
Features: Wooded
Details
Additional parcels included: 07147138A
Parcel number: 23107113
Zoning: N1-A
Special conditions: Standard
Utilities & green energy
Sewer: Public Sewer
Water: City
Community & HOA
Community
Subdivision: None
HOA
Has HOA: Yes
Location
Region: Matthews
Financial & listing details
Tax assessed value: $829,700
Date on market: 8/21/2026
Road surface type: Other
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,196/mo
Price history
Date
Event
Price
8/21/2026
Listed for sale
$1,900,000-20.7%
Source: Canopy MLS as distributed by MLS GRID #4416500Report a problem
7/10/2026
Listing removed
$2,395,000
Source: Canopy MLS as distributed by MLS GRID #4351962Report a problem
2/27/2026
Listed for sale
$2,395,000
Source: Canopy MLS as distributed by MLS GRID #4351962Report a problem
10/1/2025
Listing removed
$2,395,000
Source: Canopy MLS as distributed by MLS GRID #4249295Report a problem
4/23/2025
Listed for sale
$2,395,000+232.6%
Source: Canopy MLS as distributed by MLS GRID #4249295Report a problem
6/28/2023
Sold
$720,000-25%
Source: Canopy MLS as distributed by MLS GRID #3896028Report a problem
8/18/2022
Listed for sale
$960,000-3.5%
Source: Canopy MLS as distributed by MLS GRID #3896028Report a problem
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.