$210,000
3 Bed · 2.5 Bath · 1,849 Sq Ft
Affordable, owner-occupant only — apply through Town of Davidson program
3
Beds
2.5
Baths
1,849
Sq Ft
2026
Built
Townhome / community lot
Lot
Attached 2-car garage with storage
Garage
Offered through the Town of Davidson Affordable Housing program, 549 Annie Lowery Way is a brand-new three-bedroom, 2.5-bath townhome in Parkside Commons built in 2026 and impeccably finished for practical modern living. The lower level provides a flexible space ideal for a home office, playroom, or rec area, with convenient under-stair storage, a drop zone, and direct access to the attached two-car garage. Move upward to the second floor and you’ll find an open-plan great room framed by a wall of windows and a dining area that flows to a rear deck — a comfortable everyday layout for entertaining and daily life.
The kitchen is built for function: a center island with seating, granite countertops, neutral cabinetry, stainless steel appliances, and a sizable walk-in pantry plus two additional closets for storage. A main-level half bath adds convenience. The third floor houses all three bedrooms and the laundry closet — the primary suite includes a walk-in closet and a private bathroom with a glass shower. Clean tile and carpeted bedrooms, insulated windows and doors, central air, and modern safety systems (smoke and CO detectors) complete the home.
This offering is strictly for homeowner-occupants who meet the Town’s Target Household standards (80% or less of AMI) and agree to the 90-year affordable deed restrictions. The Town’s selection process and documentation requirements are part of the purchase; please contact the listing agent for AMI forms and instructions. For qualified buyers, this is a rare opportunity to own new construction in Davidson at a substantially reduced price point — immediate access to downtown shops, restaurants, Davidson College, and Lake Norman recreation make this a highly desirable lifestyle location.
Schedule a showing through the listing agent and submit required AMI documentation with your NC Offer to Purchase. Incomplete applications will not be accepted; offers will be entered into the Town’s selection process per the published instructions.
Parkside Commons sits on the quieter edge of downtown Davidson, offering residents easy pedestrian access to the village’s shops, cafes, and community events while maintaining a residential feel. The neighborhood blends contemporary townhome clusters with pocket green spaces and sidewalks that connect to downtown. Proximity to Davidson College contributes to a collegiate, civic-oriented atmosphere and year-round neighborhood activity.
Davidson remains a premium pocket in the Charlotte MSA, with high demand for properties close to downtown and Davidson College. Inventory for owner-occupied homes is typically tight, which supports steady pricing for comparable properties. However, this unit is deed-restricted and marketed to income-qualified owner-occupants, which significantly alters its market dynamics: it will likely attract many pre-qualified buyers but does not follow the normal investor/resale path. Expect competitive interest from the local pool of qualified buyers; financing and appraisal will hinge on lenders familiar with restricted-sale programs. For an eligible purchaser, this is a rare entry into Davidson new construction at an exceptional price.
Davidson K-8
Elementary/Middle · 0.5-1.0 mi
William Amos Hough High School
High · 4-6 mi
Within walking distance to downtown amenities and short drives to Lake Norman parks, boat ramps, and multi-use trails — strong for active outdoor lifestyles.
Acquire a rare deed-restricted new-construction home in downtown Davidson at an affordable entry price if you qualify by AMI and intend to occupy long-term. The home offers immediate lifestyle value and limited downside for owner-occupants but is unsuitable for conventional investors.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$200K
Midpoint
$215K
High
$230K
$113.63/SF estimated price per square foot
Estimate anchored to the listed price ($210,000), AVM (~$215k), and typical market premiums for Davidson townhomes. Deed restrictions and buyer eligibility materially affect market comparables and resale value.
As of 2026-03-11
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Davidson has seen steady demand driven by college-related housing demand and Lake Norman area employment centers. Small-town character with premium pricing relative to surrounding suburbs.
Convenient walk to downtown Davidson dining and shops, quick access to Davidson College, and a short drive to Lake Norman recreation and I-77 for Charlotte access.
Market data is based on aggregated public records and may not reflect real-time conditions.
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