Sales comparison approach using similar manufactured homes on large lots within 2 miles sold in the last 12 months. Adjusted for lot size, condition, and amenities. Assessed value of $320,690 appears below market.
11.8-Acre Equestrian-Ready Property with 3BR/2.5BA Manufactured Home
What sets this property apart is the land: an expansive, level 11.8-acre parcel complete with a corral and an on‑property riding trail, offering immediate equestrian potential or room for small-scale farming. The 1998 manufactured home—well-maintained and laid out across 1,904 square feet—sits comfortably mid‑acre, accessed by a circular driveway and sheltered by a detached carport. A single-lane dirt road off Oakwood Avenue gives the site privacy and a rural character while keeping local conveniences within easy reach.
Step inside to a family room anchored by a fireplace, a focal point for gatherings and cooler evenings. The kitchen includes an island that works for prep and casual meals, with adjacent laundry facilities for practical everyday living. Flooring is a mix of carpet and vinyl that reflects the home's current, good condition; mechanical systems rely on an electric heat pump for year-round climate control. With three bedrooms and two and a half baths the layout supports family life, visiting guests, or weekend hosting for friends and riding partners.
Outside, the property’s acreage is the real opportunity: established riding paths, a corral, and broad, level fields create a turnkey setting for horse owners or hobby farmers. The R4 residential zoning accommodates single-family and agricultural uses, including livestock, and the lot’s size invites a range of possibilities—additional outbuildings, pasture rotation, or even potential subdivision subject to local regulations. Practical considerations include existing well and septic systems and access via a private dirt lane; buyers should verify utility conditions and evaluate any desired municipal connections.
Location balances rural privacy with regional access. Kannapolis City Park is roughly 2.5 miles away, essential shopping is about a 4‑mile drive at Afton Ridge, and Atrium Health Cabarrus sits about 5 miles from the property. Local schools—Winecoff Elementary and Northwest Cabarrus Middle/High—are all within a short drive, making the acreage practical for family life as well as leisure pursuits. With an assessed value noticeably below current market indications and valuation estimates centering near $495,000, this property represents a rare combination of land, usable improvements, and flexible zoning in the Charlotte‑Concord‑Gastonia MSA.
See the properties helping shape the valuation.
Comparable sales
- 450 SF smaller
- 0.5 fewer bathrooms
- 980 SF smaller
- 1 fewer bedroom
- 0.5 fewer bathrooms
- 1,012 SF smaller
- 2 fewer bedrooms
- 0.5 fewer bathrooms
A 1998 manufactured home on 11.8 acres.
Building
Site & utilities
Kannapolis, NC
Researched nearby locations
Location
1718 Measmer St, Kannapolis, NC 28081
This property sits on the rural edge of Kannapolis, where wide parcels and working land mix with family neighborhoods. Residents enjoy easy access to regional amenities—shopping, health care, and parks—while retaining a quieter, agricultural feel. Local schools are close by and community parks like Kannapolis City Park are minutes away, making the area attractive to buyers who want country space without long commutes into the Charlotte metro. Neighbors include a mix of residential and agricultural uses, supporting hobby farms, equestrian activity, and outdoor lifestyles.
Excellent on‑site recreation with a private riding trail and corral, plus public parks (Kannapolis City Park ~2.5 miles) and other green spaces within a short drive—strong for horseback riding and outdoor hobbies.
A factual market snapshot around 1718 Measmer St.
The Kannapolis area is currently a balanced market with indicators that favor sellers of distinctive land parcels. Inventory stands at approximately 3.5 months and average days on market near 73 days — a moderate turnover rate driven by steady demand for larger lots. Median sale prices in the local area sit around $306,750, while five‑year appreciation has tracked about +25% cumulatively; year‑over‑year change is modest (~+5%).
Manufactured single‑family homes on larger acreage — like this 11.8‑acre offering — are showing stronger buyer interest than standard suburban lots because they deliver immediate space for hobbies, equestrian use, or secondary structures. Rental comps suggest a gross monthly rent near $1,500, though the acreage adds more value for owner‑occupiers than for typical rental returns. Current conditions make this a timely acquisition for buyers seeking land and usable improvements: supply for large‑lot parcels is limited, so well‑positioned offerings can command premium pricing. Buyers should factor in access and utility items (dirt road access, well and septic) when assessing total acquisition and improvement costs.
Residential
Zoning
Research-indicated uses
- Single Family
- Agricultural
- Livestock
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 4 SF smaller
- 0.5 fewer bathrooms
- 54 SF smaller
- 0.5 fewer bathrooms
What the research supports — and what is still worth verifying.
Key findings
- Property listed for sale in 2008 at $495,000; no sale recorded
- Assessed value of $320,690 appears below market
- Zoned R4, allowing for residential and agricultural uses
- Equipped with well and septic system; potential for future municipal connections
- Nearby schools have average performance ratings
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify condition of well and septic systems
- Assess feasibility and cost of connecting to municipal water and sewer services
- Review zoning regulations for potential development or subdivision
- Evaluate access road condition and maintenance requirements
What stands out about this property.
Interior Features
- 1,904 sq ft living area
- 3 bedrooms, 2.5 bathrooms
- Family room with fireplace
- Kitchen island
- Laundry room
- Carpet and vinyl flooring
- Electric heat pump (heating & cooling)
Exterior & Lot
- 11.8-acre level parcel
- Corral and on‑property riding trail
- Detached carport and circular driveway
- Access via private single‑lane dirt road off Oakwood Ave
- Room for outbuildings, pastures, or expansion
- Topography: level
Location & Neighborhood
- Kannapolis City Park (≈2.5 miles)
- Atrium Health Cabarrus (≈5 miles)
- Afton Ridge Shopping Center (≈4 miles)
- Schools within 1.6 miles (Winecoff Elementary; Northwest Cabarrus Middle & High)
- Charlotte‑Concord‑Gastonia MSA
Walkability & Recreation
- Walkability Rating: 35/100 — Car-Dependent
- Property includes private riding trail and corral
- Parks and recreational facilities within a short drive (Kannapolis City Park ~2.5 mi)
- Short drive to shopping and medical services
- Great potential for outdoor recreation, horseback riding, and small‑scale farming
Sources & research confidence.
See where the property research came from and how confidence varies by field.