Property listing for 5120 S Tryon St, Charlotte, NC 28217
ActiveTownhome / New Construction

$419,490

5120 S Tryon St, Charlotte, NC 28217

New 4-Bed Carlton Townhome — 1,557 SF, Prime S Tryon Location

4 Bed · 2.5 Bath · 1,557 Sq Ft

Contemporary 4BR, 2.5BA townhome with flexible 4th-floor suite.

4

Beds

2.5

Baths

1,557

Sq Ft

2026

Built

0.019 acres

Lot

Attached 1–2 car garage (builder specification)

Garage

About 5120 S Tryon St

This Carlton plan in the Kingman community delivers a smart, vertical layout ideal for modern living. At approximately 1,557 finished square feet across four levels, this new-construction townhome presents 4 bedrooms and 2.5 baths, an open-plan main level and a flexible top-floor retreat. The kitchen is specified with quartz countertops, stainless steel appliances and a pantry — practical finishes that perform well for both everyday life and entertaining. The family room flows into the dining area for easy circulation, while thoughtful storage and a compact footprint maximize usable space.

The primary suite sits on the third floor and includes dual vanities and a walk-in closet; the third floor also hosts the laundry for convenience. The fourth floor provides a private, light-filled flexible room suitable as a home office, guest suite or private studio. The builder indicates an attached 1–2 car garage (confirm final unit specification) plus driveway access typical to infill townhome product along S Tryon.

Located on S Tryon, this unit balances commuter convenience and neighborhood accessibility — Uptown Charlotte is minutes away while local favorites in Plaza Midwood and NoDa are a short drive. The low-maintenance lot (approx. 827 SF) and new construction reduce near-term capital expenses and provide modern finishes and systems backed by builder warranty.

Whether you’re buying for ownership or rental income, the Carlton plan gives flexible bedroom counts and efficient square footage to appeal to young professionals, small families and investors seeking a turnkey product within Charlotte’s central infill corridor. Contact listing agent Maria Wilhelm (mcwilhelm@drhorton.com) for specification confirmation, finish walkthroughs, and available incentives.

Home Highlights

New-construction Carlton townhome — 1,557 SF4 bedrooms / 2.5 baths with flexible 4th-floor suiteQuartz counters, stainless steel appliancesPrimary suite on 3rd floor with walk-in closetListed at $419,490 — AVM aligns with list price

Property Features

Interior Features

  • Open-concept family room and dining area
  • Kitchen with quartz countertops and stainless steel appliances
  • Primary suite with dual vanities and walk-in closet (3rd floor)
  • Third-floor laundry
  • Flexible 4th-floor room for office or bedroom

Exterior & Lot

  • Attached 1–2 car garage (builder indicated)
  • Small, low-maintenance lot (~827 SF)
  • Modern townhome streetscape with close-in urban access
  • New construction (2026) — builder warranty expected

Location & Neighborhood

  • S Tryon arterial with direct routes to Uptown (≈10–15 min drive)
  • Short drive to Plaza Midwood and NoDa dining/retail
  • Close to major employment corridors and local services
  • Urban-infill neighborhood with recent townhouse developments

Walkability & Recreation

  • Walkability Rating: 68/100
  • Nearby parks and green spaces within short drive
  • Easy access to local coffee shops, restaurants and boutique retail
  • Bike- and transit-friendly corridors nearby

Neighborhood & Location

The Kingman townhome community sits along S Tryon — an urban-infill corridor characterized by new townhouse rows, small retail pockets and easy access to Uptown Charlotte. The area blends practical commuter routes with the lifestyle amenities of nearby Plaza Midwood and NoDa. Lots are compact, and the neighborhood attracts buyers who prioritize proximity to city amenities over large yards.

Market Insights

Central Charlotte infill remains an active segment of the local market. Townhomes and small-footprint, vertically stacked new construction command attention from buyers who want proximity to Uptown and vibrant neighborhoods like Plaza Midwood and NoDa. As of early 2026, median sale pricing in central corridors sits roughly in the low-to-mid $400ks for new townhome product; days on market for competitively priced units frequently fall under 30 days. Inventory remains lean relative to demand for move-in-ready product, which supports builder pricing, though increasing deliveries mean buyers can negotiate on incentives or closing timelines. For investors, new townhomes in this submarket typically achieve competitive rents and stable occupancy reflecting the appeal to professional renters. Confirm exact comps and HOA/fees when making purchase decisions.

Nearby Schools

Charlotte-Mecklenburg Schools (CMS)

District · Varies

Varies by assigned school (verify)

Walkability & Recreation

68
Walkability
66
Recreation

Good access to local parks, neighborhood restaurants, and recreational corridors; short drives to larger greenspaces and Uptown amenities.

Investment Highlights

  • New construction with builder warranty (D.R. Horton listing agent indicated).
  • Compact urban townhome (1,557 SF) with 4 beds — flexible layout for renters or homeowners.
  • Primary suite on the 3rd floor with ensuite and walk-in closet — designer finishes (quartz counters, stainless appliances).
  • Strong location: quick drive to Uptown, Plaza Midwood and NoDa cultural/restaurant corridors.
  • Market-aligned pricing (AVM ~ $419k) with modest upside if finished as spec.

Key Findings

  • List price: $419,490; AVM: $419,145 — pricing is closely aligned.
  • New construction (2026) — condition: excellent; minimal near-term capex expected.
  • Size: 1,557 SF; 4 beds / 2.5 baths — uncommon bedroom count for this square footage, increases rental flexibility.
  • Lot footprint small (827 SF) — typical for infill townhome projects.
  • Builder-supplied features include quartz counters, stainless appliances, and third-floor laundry.

Things to Consider

  • Exact garage capacity and parking stack-up should be confirmed — driveway/guest parking may be limited.
  • School assignments and long-term resale value are tied to rapidly changing neighborhood dynamics and require local validation.
  • No HOA listed in scraped data; confirm whether community-level covenants or HOA will be established and their fees.

Opportunity Analysis

Acquire a new-construction urban townhome near Uptown Charlotte at market-aligned pricing to capture demand from professionals and small families seeking low-maintenance, high-amenity living within easy commute distance of the central business district.

Potential Use Scenarios

  • Buy for owner-occupancy to enjoy new finishes and low-maintenance living.
  • Short-term hold and lease to capture mid-single-digit cap rates; market to young professionals and couples.
  • If purchasing multiple units, verify HOA structure and parking to ensure rental desirability.

Risk Factors

  • Potential oversupply of similar townhome product in some infill corridors if several projects complete simultaneously.
  • Traffic/visibility on S Tryon may affect noise and curb appeal for some buyers.
  • Final assessed taxes and any unreported community fees could affect yield.

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$400K

Midpoint

$418K

High

$435K

$268.2/SF estimated price per square foot

65% confidence

Estimate anchored to builder list price ($419,490) and AVM (~$419k). Range accounts for typical new-townhome premiums in Charlotte infill corridors and recent comparable townhouse pricing (no live comps pulled). Verify with live comparable sales.

As of 2026-03-11

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$420,000
Avg Days on Market18 days
Inventory1.8 months
1-Year Appreciation+350.0%

Demographics

Median Income (1 mi)$65,000

Mecklenburg County and central Charlotte continue to show population and employment growth; infill townhomes are in demand among buyers seeking low-maintenance urban housing with proximity to Uptown.

Nearby Points of Interest

  • Plaza Midwood (≈1.5–2.0 mi)
  • Uptown Charlotte / Central Business District (≈3.0–4.0 mi)

Convenient access to neighborhood restaurants, coffee shops and small retail along S Tryon and nearby corridors; quick drive to larger retail centers, parks and Uptown jobs/core amenities.

School District

DistrictCharlotte-Mecklenburg Schools (CMS)
ElementaryTBD — Charlotte-Mecklenburg Schools (exact assignment varies by address); possible nearby elementary schools include Elizabeth Traditional/Angier/Plaza Midwood-area schools (verify with CMS)
MiddleCMS Middle School (assignment varies; verify with CMS)
HighCMS High School (assignment varies; verify with CMS)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2026
Constructionwood frame (typical new Charlotte townhome construction)
Stories4
Heatingcentral_hvac (likely gas furnace or electric heat pump; builder HVAC)
Coolingcentral_air (likely packaged/ducted AC)
Basementnone
FireplaceNo
Conditionexcellent

Lot & Site

Lot Size0.01898 acres (827 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces1-2 (builder states 1-2 car garage)
FrontageUrban townhouse with modest lot footprint typical of infill townhome product along arterial (S Tryon).

Utilities

Zoning & Land Use

DescriptionLikely residential townhouse zoning / urban residential infill code (multifamily/townhome allowed). Exact zoning parcel code should be verified with City of Charlotte zoning maps.
JurisdictionCity of Charlotte / Mecklenburg County

Allowed Uses

Residential (townhome)Accessory residential uses per local code
Current Useresidential

Tax & Sale History

Tax Assessment

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