Subdividable Land with Rental
For Sale
$1,300,000
3109 Forest Lawn Drive, Matthews, NC 28104
Approximately 5 acres with a currently rented 2-bedroom home, plus a level site evaluated for septic perks.
Property SizeContact for details
Lot Size5.05 Acres
Days on Market153
Property Features for 3109 Forest Lawn Drive
General Information
Standard status
Active
Lot size
5.05 Acres
Property subtype
Lot-Land
Additional Details
Fenced Yard
Yes
Amenities
Back Yard,Partial,Privacy
County Water
5.03
456 x 415 x 550
Paved
Publicly Maintained Road
Listing Agency:
Coldwell Banker Realty
(864) 800-7111
Listed By:
Jordan Valentin
(864) 800-7111
Source:
Cdanjoyner
Added: Mar 10
Changed: Aug 8
Last Checked: Jul 7 at 8:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This property combines a small rental home with land suited for future development. A fully updated 2-bedroom, 2-bath home is currently rented, with the lease ending 9/2026. Interior features include hardwood floors throughout and a wood-burning fireplace. The primary suite offers a private en-suite and walk-in closet, with a generous secondary bedroom and a large utility/laundry room that provides additional storage. Outside, there is a storage shed and fencing, supporting day-to-day use while you plan for development.
The land totals just over 5 acres and is described as level. The seller notes the site can be subdivided to accommodate selling multiple lots separately, and a soil scientist has already evaluated the lot and offered perk suggestions.
For prospective buyers, this layout can fit several near-term strategies: owners who want to live in the home while planning for additional lot development, or buyers seeking a parcel that includes an operating residence to generate rental income through the current lease term. The level topography and prior soil evaluation may help inform planning and timing as you move from concept to permitting and lot configuration.
The land totals just over 5 acres and is described as level. The seller notes the site can be subdivided to accommodate selling multiple lots separately, and a soil scientist has already evaluated the lot and offered perk suggestions.
For prospective buyers, this layout can fit several near-term strategies: owners who want to live in the home while planning for additional lot development, or buyers seeking a parcel that includes an operating residence to generate rental income through the current lease term. The level topography and prior soil evaluation may help inform planning and timing as you move from concept to permitting and lot configuration.
Key Highlights
- Just over 5 acres with a level lot evaluated for septic perk suggestions by a soil scientist
- Currently rented 2‑bedroom, 2‑bath home with lease ending 9/2026
- Hardwood floors throughout and a wood‑burning fireplace
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 28104, NC
34,521
Population
12,751
Households
2.7
Avg Household Size
41
Median Age
57%
College-Educated
95%
High-School Grad
29.6 sq mi
ZIP Area
1,166
Density / Sq Mi
$129,775
Median Household Income
$57,493
Median Earnings
$1,705
Median Rent
$482,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approximately 5 acres with a currently rented 2-bedroom home, plus a level site evaluated for septic perks.
Where is this residential land & home lot located?
The property is located at 3109 Forest Lawn Drive Matthews, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Just over 5 acres with a level lot evaluated for septic perk suggestions by a soil scientist; Currently rented 2‑bedroom, 2‑bath home with lease ending 9/2026; Hardwood floors throughout and a wood‑burning fireplace
