3607-3609 Summit Avenue
Description
Dear Prospective Buyer,
We are pleased to present an exceptional investment opportunity at 3607 and 3609 Summit Avenue, Greensboro, NC 27405. This expansive property encompasses approximately 20.83 acres across two separate parcels and has recently received zoning approval for the development of 185 townhomes, making it an ideal venture for developers and investors. Key Features:
Size & Composition: The combined...Prime Development Opportunity: 20.83 Acres Approved for 185 Townhomes in Greensboro, NC
Dear Prospective Buyer,
We are pleased to present an exceptional investment opportunity at 3607 and 3609 Summit Avenue, Greensboro, NC 27405. This expansive property encompasses approximately 20.83 acres across two separate parcels and has recently received zoning approval for the development of 185 townhomes, making it an ideal venture for developers and investors. Key Features:
Size & Composition: The combined acreage offers ample space for a substantial residential community, with zoning approval already secured for 185 townhome units. Strategic Location: Situated on Summit Avenue, the property provides convenient access to major thoroughfares, ensuring ease of commute to downtown Greensboro and surrounding areas. Development Potential: With zoning approval in place, the groundwork has been laid for a lucrative residential project, streamlining the development process and reducing initial hurdles. Market Appeal: The Greensboro area continues to experience growth, with a demand for quality housing options. This development is poised to attract a diverse range of potential homeowners and tenants. Financial Details:
Asking Price: $1,700,000
MLS Number: 10068113
This property represents a rare opportunity to capitalize on a pre-approved residential development in a thriving market. We invite you to explore the potential of 3607 and 3609 Summit Avenue and envision the possibilities it holds. For more information or to schedule a site visit, please contact us at your earliest convenience. Sincerely,
Felix A. Lee, Broker, (919) 730-4483, email Felix. Lee@BHHSYSU.com, Berkshire Hathaway Home Services York Simpson Underwood Realty
Data last updated: December 28, 2024. REZONING LETTER:
September 30, 2024
Marc Isaacson for Marcus Bullock on behalf of Kevin D. Peters and 3609 Summit Ave LLC Attn: Marc Isaacson
804 Green Valley Road, Suite 200
Greensboro, NC 27408 Dear Mr. Isaacson:
This letter is to acknowledge that at their September 16, 2024 meeting, the Greensboro Planning and Zoning Commission approved the rezoning request for the properties identified as 3607 and 3609 Summit Avenue, generally described as west of Summit Avenue and north of Cherry Lane from R-5 (Residential Single-family - 5) and CD-RM-8 (Conditional District - Residential Multi-family - 8) to CD-RM-12 (Conditional District - Residential Multi-family - 12) with the following conditions:
1. Permitted uses shall be limited to: Single-family Dwellings; Duplexes; Traditional Houses; Townhouses and Twin Homes.
2. Development shall be limited to 185 dwelling units. Please note that this approved zoning change only addresses allowed uses for these properties. Site plans (including subdivisions of land), building permits, grading permits, sign permits, utility plans and/or tree removals require separate reviews and approvals from the City before any work can begin. If you have any questions, please contact me. Sincerely,
Mike Kirkman, AICP, CZO
Zoning Administrator City of Greensboro
- Listed by Felix Lee • Berkshire Hathaway HomeService
Property Details for 3607-3609 Summit Avenue
Property Details for 3607-3609 Summit Avenue
| Status | Active |
|---|---|
| MLS # | 10068113 |
| Days on Market | 78 |
| Taxes | $2,957 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land / Unimproved Land |
| Year Built | - |
| Lot Size | 20.83 AC |
| County | Guilford County |
Building Information for 3607-3609 Summit Avenue
Property Information for 3607-3609 Summit Avenue
- Zoning: CD-RM-12
- Directions: From east of Greensboro NC take I-785 to exit 14B-A onto Bypass US-29 toward Danville and Greensboro. Keep right onto Bypaass US-29 North toward Danville. Take exit 136 onto Hicone Road and turn right onto Hicone Road, then take a slight left turn onto Summit Avenue and the parcel is approximately 2.1 miles on your right.
- Subdivision Name: To Be Added
- Latitude: 36.129095
- Longitude: -79.765539
- Road Frontage Type: City Street, 2 Lane Road, Public Road
- Road Surface Type: Concrete
- Association Fee Includes: None
- Association: No
- Tax Annual Amount: $2,957.00
- City Limits Of: Greensboro
- City Limits YN: Yes
- Lot Number: N/A
- Restrictive Covenants YN: No
- School District Link: https://www.gcsnc.com/
- Original MLS: Triangle MLS Inc
- Property Leased YN: No
- Years Owned: 1 or More Year(s)
- Elementary School: Guilford County Schools
- Middle Or Junior School: Guilford County Schools
- High School: Guilford County Schools
- Lot Features: City Lot, Flood Plains, Gentle Sloping, Many Trees, Near Public Transit, Rectangular Lot, Wooded
- Lot Size Dimensions: 365 x 1907 x 893 x 1438
- Other Structures: Residence
- Parcel Number: 0045301 & 0045302
- List PriceAcre: 81613.06
- Power Production YN: No
- Road Frontage Length: 365
- Photos Count: 1
- Possible Use: Multi-Family, Residential, Subdevelopment, Subdivision
- Below Grade Finished Area Units: Square Feet
- Current Use: Residential, Vacant
- Senior Community: No
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
- Water Source: Public
- Water_Sewer: Public, Public Sewer, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
- Fencing: None
- Pool Private: No
- Interior: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
- Property Class Name: CrossProperty
Property History for 3607-3609 Summit Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3607-3609 Summit Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Rankin Elementary School PublicPK to 5 | ||
Eastern Middle School Public6 to 8 | ||
Eastern Guilford High School Public9 to 12 | ||
High School Ahead Academy Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near Greensboro
Neighborhoods
- Bellwood Village
- Downtown Greensboro
- East White Oak
- Franklin Boulevard-Shirley Lane
- Gallum Area
- Garriage Woods
- Gilmer Township - Guilford County
- Glendale Hills
- Jefferson Township - Guilford County
- Kings Forest
- Lowdermilk Area
- Madison Township - Guilford County
- Monroe Township - Guilford County
- Morehead Township - Guilford County
- New Irving Park
- Old Irving Park
- Rosewood
- Spicewood
- Summit Hills
- Textile Dr.-Waugh St.
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Berkshire Hathaway HomeService
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Compass are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by potential buyers and sellers is prohibited. Copyright© 2025 Triad MLS, Inc. of High Point, NC. All Rights Reserved. Data cannot be redistributed and cannot be used for any reason other than provided in the contract.
