14831 E Rocky River Rd

Davidson, NC

Pricing 14831 E Rocky River Rd

We have 6 properties within a 1-mile radius of 14831 which offer a great pricing comparison. They’ve all sold in the last 3 years, are in the Davidson Extra-Territorial Jurisdiction (ETJ) and were either pure lots or build/remodel decisions.

6

Properties

1

Mile Radius

2021

Oldest Sale Date

100%

ETJ Located

Core Valuation

Comparable Properties

Each property below reflects prime qualities that 14831 embodies.

14800 E Rocky River Rd

Just two lots down from 14831, this property was sold in January 2024 by one of Russell’s contemporaries. The sale was technically two lots, 14800 and the one immediately to its left, totaling 7.25 acres. It is currently back on the market for $2.2M which puts its new per acre asking price at $303k/acre.

15433 E Rocky River Rd

Ten doors down to the east of 14831 is a small property sold in 2021 intended for a fresh build which has been completed. The price per acre reflects access to greenways behind the property in Narrow Passage and in River Run across the street.

19405 Callaway Hills Lane

Located a three minute drive east of 14831 in the Runnymede neighborhood this land is one of the last few vacant lots available in that neighborhood. It sold at a 26% increased value in May 2022 from it’s previous sale four months prior.

937 Martingale Lane

Located about a half mile south of 14831 in the low key equestrian sided Davidson Equus neighborhood this lot is also one of the last available in that neighborhood. Surrounded by million dollar homes, one of which sold for $1.6M in March 2023.

19217 Shearer Rd

Less than one mile east of 14831, one of two spacious one acre vacant lots with a dream home currently being built. Convenient location next to River Run providing country club opportunities, nearby greenway access, and across the street from the future Summit Farms.

19205 Shearer Rd

The other of two spacious one acre vacant lots with a dream home built and completed. Same convenient location with the luxury of independent use of their land unrestricted by an HOA.

Asking Price

Based on the current market and the 6 comparable properties above, our asking price is $780,000. This per acre price takes into account lot size, potentially buildable land size, neighborhood association, etc.

Contact Us