Davidson · Davidson, NC
21909 Shearer Road
Davidson, NC · 1,594 sqft
$950,000
- 3Beds
- 2Baths
- 1,594SqFt
- 1986Year
- 209x639x200x520Lot
- 1Days on market
About this home
Rare 2.78-Acre Opportunity in Davidson – Subdivision Potential
Exceptional opportunity to own approximately 2.78 acres in the desirable Davidson area. The property is improved with an existing two-story, 3-bedroom, 2-bath home and accessory structure; however, the primary value is in the land and its potential future use.
According to information provided by the Town of Davidson, the property may have the potential to be subdivided through the Minor Subdivision process outlined in Sections 14.4.1 and 14.8 of the Davidson Planning Ordinance. The existing residence and accessory structure would need to be removed prior to subdivision.
The property would also be subject to the Town of Davidson Post-Construction Stormwater Ordinance, including applicable BUA (Built-Upon Area/impervious surface) limitations for individual parcels.
Property is not located within Davidson city limits. This unique acreage presents an excellent opportunity for a buyer, builder, or investor looking for land with potential subdivision possibilities in the Davidson area.
Please see attached preliminary survey that would have to be approved by the Town of Davidson if you decided to build a minor subdivision.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,594
- Lot
- 209x639x200x520
- Year built
- 1986
- Type
- Single Family
- Days on market
- 1
- Garage
- 3
- Heating
- Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$6,991/ month
- Principal & interest
- $5,883
- Property tax (~1.05%)
- $831
- Homeowners insurance
- $277
- HOA dues
- —
Down payment
$47,500 down · $902,500 financed
Income to qualify (28% rule)
~$299,655 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.