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L A K E W Y L I E W a t e r f r o n t L a n d
Charlotte, North Carolina
21.59± Lake Front Acres For Sale
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The information provided is deemed reliable but provided “as is” without warranty of any representation of accuracy, timeliness, reliability or completeness. Use of this data for any purpose should be of acknowledgment of the limitations of the data.
I N T R O D U C T I O NMPV Properties is pleased to offer this 21± acre tract of land located in a beautiful wooded setting along the shores of Lake Wylie in Charlotte,NC.
The land is fully designed, engineered, and permitted for 60 single family lots. With over 1,650 feet of shoreline, the Property boasts tremendous water access and views creating true active resort-style development potential.
Alternatively, this land provides opportunity of a large waterfront lot/family compound focused on privacy.
» Adequate capacity sewer available with tie in on site
» Adequate capacity water available. Line resides along the property’s Bankhead Road frontage
» Located within 4 miles to major retailers including Harris Teeter, Publix, Target, Walmart, Home Depot, Marshall’s, Best Buy, Old Navy, Gander Mountain, and more
» This land is zoned R-5 providing up to 5 units per acre
» The land is comprised of two parcels bisected by Wilbanks Dr. The northern parcel (PID: 21736111) is ±10 acres and the southern parcel (PID: 21736101) is ±11 acres
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2mpvre.com
Lake Wylie
PID: 21736111
PID: 21736101
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NBankhead Rd
Bankhead Rd
Wilbanks Dr Wilbanks Dr
Bankhead Rd Bankhead Rd
1,691F E E T O F WAT E R F R O N TAG E
3mpvre.com
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1"= 60'
0 60153060
KNOW WHAT'S BELOW
It's fast. It's free. It's the law.
REVISIONS
REV DATE COMMENT BY
LOCATION OF SITE
FOR
PROJECT No.:DRAWN BY:CHECKED BY:DATE:SCALE:CAD I.D.:
SHEET NUMBER:
SHEET TITLE:
PROJECT:
NCC152085IG/BB/TZ
MAT03/03/17
RKMDEVELOPMENT,
LLC.
WILBANKS DRIVECITY OF CHARLOTTE ETJMECKLENBURG COUNTY,
NORTH CAROLINA
1 4/18/17 IBGPER CLIENT COMMENTS
2 6/20/17 IBGPER CITY COMMENTS
3 9/8/17 BB/TZPER CITY COMMENTS
4 11/20/17 BB/PMNCDOT/CITYCOMMENTS
5 12/04/17 BABNCDOT REVISIONS
6 1/11/18 BABNCDOT/CITYCOMMENTS
7 3/23/18 BABNCDOT/CITYAPPROVAL
WILBANKSSINGLE FAMILY
RESIDENTIAL
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2017
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GENERAL NOTES:· PROJECT OWNER: RKM DEVELOPMENT, LLC· ACREAGE: ± 21.59 ACRES· TAX PARCEL #: 21736101, 21736131, 21736111, 21736112, 21736113· EXISTING LAND USES: VACANT· PROPOSED LAND USES: SINGLE FAMILY· ZONED: R-5 AND LOWER LAKE WYLIE WATERSHED CRITICAL AREA OVERLAY· PROPOSED NUMBER OF LOTS: 60· DENSITY UNIT PER ACRE: 2.8 DU/AC· PROPOSED LOT SIZE: 6,600 SF (±55' X ±120')· AVERAGE TOTAL IMPERVIOUS AREA PER LOT:
(TOTAL AREA OF SITE) 1,087,160 SF - (ROADS & SIDEWALKS) 123,406 SF = 963,754 SF963,754 X .5 (MAXIMUM ALLOWABLE IMPERVIOUS) = 481,877SF
481,877 / 60 LOTS = 8,031 SF AVERAGE TOTAL IMPERVIOUS AREA PER LOT· PROPOSED SETBACKS:
FRONT 20'SIDE (INTERIOR) 5'REAR 35'SIDE (CORNER LOT) 10' (ON CORNER SIDE)MIN. LOT WIDTH 50'
· TREE SAVE:REQUIRED: 15%
(TOTAL AREA OF SITE) 1,087,160 SF - (ROADS & SIDEWALKS) 123,406 SF = 963,754 SF(963,754 SF)(0.15) = 144,563 SF / 3.32 AC
PROVIDED: 20.6%195,890 SF / 4.49 AC
· LANDSCAPE STRIP: 8'· SIDEWALKS: 5'· PROJECT WILL DEDICATE 28' R.O.W FROM THE CENTERLINE OF ROAD FOR IMPROVEMENTS. TOTAL R.O.W . DEDICATION IS 56'
IN WIDTH.· THE PROPERTY BOUNDARIES WERE TAKEN FROM THE SOURCE LABELED IN NOTE 1 ON SHEET C-2.0.· THERE ARE NO CEMETERIES ON OR CONTIGUOUS TO THE PROPERTY.· PUBLIC WATER & SEWER, STORM DRAIN, GAS, ELECTRIC, AND TELEPHONE UTILITIES AREA AVAILABLE TO THE SITE.· SUBMIT AS-BUILT DRAWINGS OF THE WATER, SEWER, AND STORM SEWER SYSTEMS TO THE UTILITY DEPARTMENT UPON
PROJECT COMPLETION· CONTACT THE DEVELOPMENT SERVICES DEPARTMENT, BUILDING INSPECTION DIVISION AT (704) 336-6692 FOR ALL WATER
AND SEWER MAIN CONSTRUCTION. ALSO, ALL ELECTRICAL MECHANICAL, DEMOLITION, STREET CUTS, AND GRADINGINSPECTIONS
· ALL SIDEWALKS, STRIPING AND SIGNAGE TO BE ADA AND CODE COMPLIANT.· DEVELOPER AGREES TO COMPLY WITH ALL DUKE ENERGY, MECKLENBURG COUNTY, AND CHARLOTTE CITY LAWS AND
REQUIREMENTS WITH REGARD TO PROTECTING THE 100' LAKE BUFFER.· DEVELOPER AGREES TO CREATE HOMEOWNERS ASSOCIATION, AND TO CREATE A HOMEOWNERS AGREEMENT FOR THE
NEW SUBDIVISION THAT SHALL INCLUDE STANDARD PROTECTION FOR PROPERTY UPKEEP, COMMON AREA MAINTENANCE,ON-STREET PARKING AND PROTECTING SUBDIVISION PROPERTY VALUES.
· DEVELOPER AGREES TO INSTALL MAILBOXES FOR THE FOUR EXISTING HOMES OF THE SAME TYPE AND LOCATION AS THOSEINSTALLED FOR THE NEW HOMES.
· DEVELOPER AGREES TO INSTALL ONE OR TWO STREET LIGHTS ON WILBANKS DRIVE ALONG THE ROAD IN FRONT OF THEFOUR CURRENT HOMES OF THE SAME TYPE THAT IS INSTALLED THROUGH THE NEW SUBDIVISION.
1"=60'SS0
C-5.0
OVERALL SITEPLAN
ROAD SECTION TO BE APPLIEDTO WILBANKS DRIVE AND MOXIELANE, PER NCDOT COMMENT.
ROAD SECTION TO BE APPLIEDTO BANKHEAD ROAD, PERNCDOT COMMENT.
HATCHING LEGEND
CONCRETE SIDEWALK
ASPHALT PAVEMENT SECTION PER DETAILS ONSHEET C-5.0
100 FT NO DISTURB BUFFER AREA/ TREE SAVE AREA
APPROXIMATE BUILDING PAD AREA
GRASS PAVED MAINTENANCE EASEMENT
60L O T S A P P R O V E D
R-5ZO N I N G
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Sources: Esri, HERE, Garmin, USGS, Intermap, INCREMENT P, NRCan, Esri Japan, METI, Esri China (HongKong), Esri Korea, Esri (Thailand), NGCC, (c) OpenStreetMap contributors, and the GIS User Community
1
23
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5 ACRE LOTS 5 ACRE LOTS (MINIMUM)(MINIMUM)
Sources: Esri, HERE, Garmin, USGS, Intermap, INCREMENT P, NRCan, Esri Japan, METI, Esri China (HongKong), Esri Korea, Esri (Thailand), NGCC, (c) OpenStreetMap contributors, and the GIS User Community
1 2 34
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ACRESB 3.75
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9 5ACRES
AVERAGEAVERAGE 1 ACRE LOTS 1 ACRE LOTS
AVERAGEAVERAGE 1 ACRE LOTS 1 ACRE LOTS
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TAILA R E A I N F O R M AT I O NLake Wylie is 32 miles long and is the oldest of the manmade lakes stretching along the Catawba River with 325 miles of shoreline. The community that surrounds this Property is active in preserving its rich history and natural resources in order to maintain a high quality of living for future generations.
Nearby McDowell Nature Preserve on Lake Wylie offers over 1,100 acres of recreational activities from major hiking trails to overnight camping to fishing.
Major nearby employment nodes such as the Whitehall/Westinghouse area and major shopping districts such as Rivergate provides a balance for a convenient yet tranquil location for a future lake front development.
Z O N I N G• Property is zoned R-5 and Lower Lake Wylie Watershed Critical Area Overlay
• Includes Mecklenburg County PID #21736111 and #21736101
• Property is engineered and approved for 60 (55’) single-family lots
S C H O O L SResidents benefit from school choice in the area, ranging from Charlotte-Mecklenburg public schools to nearby private and charter schools.
Public Schools Private Schools Charter Schools
• Palisades Park Elementary• Southwest Middle• Olympic High
• Palisades Episcopal• St. Anne Catholic• Gaston Day School
Various choices throughout the region. Several CMS Magnet Schools
* A future CMS high school site has been identified to be located adjacent to Palisades Park Elem.
7mpvre.com
LOC
AT
ION
Copyright nearmap 2015
Tega CayTega Cay
UptownUptownCharlotteCharlotte
Fort MillFort Mill
BelmontBelmont
Charlotte Premium Charlotte Premium OutletsOutlets
AyrsleyAyrsley
RivergateRivergatePalisadesPalisadesEpiscopal SchoolEpiscopal School
Lake WylieLake Wylie
1 mile
1 mile
3 miles
3 miles
5 miles
5 miles
Palisades ParkPalisades ParkElementaryElementary
Southwest Southwest Middle SchoolMiddle School
GastoniaGastonia
North Carolina
South Carolina SOUTHPARKSOUTHPARK4 Million SF4 Million SF
BALLANTYNEBALLANTYNE4 Million SF4 Million SF
1 Million SF1 Million SF
18 Million SF18 Million SF
WHITEHALLWHITEHALL2 Million SF2 Million SF
LAKE WYLIELAKE WYLIEWaterfront LandWaterfront Land
COLISEUMCOLISEUMCENTRECENTRE
1 Million SF1 Million SF
Proposed HSProposed HS
160
160
49
51
77
77
85
485
485
21
29
B
ankhead Rd
B
ankhead Rd
Wilbanks Dr
Wilbanks Dr
8mpvre.com
South Carolina
South Carolina
North Carolin
a
North Carolin
a
York Rd
York Rd
Mck
ee R
d
Mck
ee R
d
Youngblood Rd
Youngblood Rd
G
rand
Pal
isades Pkway
G
rand
Pal
isades Pkway
Grand Palisade
s Pk
wy
Grand Palisade
s Pk
wy
T
ega
Cay Dr
T
ega
Cay Dr
Austin’s CreekAustin’s Creekfrom mid $300’sfrom mid $300’s
Southern TraceSouthern Tracefrom mid $300’sfrom mid $300’s
Regency at Regency at PalisadesPalisades
from mid $400’s from mid $400’s
Bear CreekBear Creekfrom high $500’s from high $500’s
MorningsideMorningsidefrom low $300’sfrom low $300’s
The MeridiansThe Meridiansfrom low $300’sfrom low $300’s
MontageMontagefrom low $500’sfrom low $500’s
North Reach SFNorth Reach SFfrom mid $300’s from mid $300’s
HighcliffHighclifffrom low $400’s from low $400’s
LanternsLanternsfrom low $400’s from low $400’s
Landover Rd
Landover Rd
NE
AR
BY
NE
IGH
BO
RH
OO
DS
Lake Wylie
Lake WylieN
49
RidgewaterRidgewaterfrom low $300’s from low $300’s
Bankhead Rd
Bankhead Rd
DEVELOPMENT AVG. SALE PRICE
Austin’s CreekCalAtlantic Homes (Formerly Standard Pacific)
$349,000 across 29 home sales*
Regency at PalisadesToll Brothers
$453,176 across 51 home sales*
The Meridians Meritage Homes
$305,466 across 29 home sales*
Bear CreekCalAtlantic Homes (Formerly Standard Pacific)
$560,375 across 8 sales*
MontageCalAtlantic Homes (Formerly Standard Pacific)
$517,705across 22 sales*
Southern TraceLennar Homes
$362,000 across 62 home sales*
MorningsideLennar Homes
$326,667across 15 sales*
LanternsLennar Homes
$425,500 across 6 home sales*
North Reach SFBonterra Builders & Taylor Morrison
$350,000 across 35 home sales*
HighcliffCalAtlantic & Lennar
$415,000 across 60 home sales*
RidgewaterMattamy
$337,180 across 50 home sales*
Harpers PointBonterra Builders & Taylor Morrison
$471,300 across 6 home sales*
*All averages based on home sales over last 4 quarters. Source: Metrostudy 4Q 2019
Harpers Harpers PointePointe
from high $400’s from high $400’s
9mpvre.com
EXCLUSIVELY REPRESENTED BY: CONTACT:
Justin [email protected]
www.mpvre.com
L A K E W Y L I EWaterfront Land
2400 South Boulevard, #300 Charlotte, NC 28203
This Offering Memorandum is intended solely as a preliminary expression of general intentions and is to be used for discussion purposes only. The recipients intend that neither shall have any contractual obligations to the other with respect to the matters referred herein unless and until a purchase agreement has been fully executed. The parties agree that this Offering Memorandum is not intended to create any agreement or obligation by either party to negotiate a definitive purchase agreement and imposes no duty whatsoever on either party to continue negotiations, including without limitation any obligation to negotiate in good faith or in any way other than at arm’s length.
