Homes/North Carolina/Davidson/549 Annie Lowery Way
CompCasa Property Analysis · townhome

549 Annie Lowery Way

New 3BR Deed-Restricted Townhome Steps from Downtown Davidson

Affordable, owner-occupant only — apply through Town of Davidson program

3 beds2.5 baths1,849 sq ftBuilt 2026Attached 2-car garage with storage area
CompCasa valuation analysis
Estimated market value
$215,000
Low $200,000 · Midpoint $215,000 · High $230,000
Confidence65%Sales comparison approach
Last recorded sale$210,000Mar 6, 2026
CompCasa estimate$215,000Mar 11, 2026
Estimate vs. last recorded sale+$5,000 / +2.4%
$200,000$215,000 midpoint$230,000
Price / sq ft$113.63
Median sale price$550,000
Avg days on market25 days
Inventory2.5 months

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.

About the property

New 3BR Deed-Restricted Townhome Steps from Downtown Davidson

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.

Property details

A 2026 traditional.

Building

Year built2026
ConstructionWood Frame (Likely) With Modern Finishes
HeatingElectric
CoolingCentral Air

Site & utilities

GarageAttached 2-car garage with storage area
Stories3
ConditionExcellent
BasementNone
FireplaceNo
Improvement notesBrand-new construction (2026). Modern kitchen with granite counters, stainless appliances, center island, walk-in pantry. Flex space on main level; deck off living level; primary with ensuite and walk-in closet.
TopographyLevel
ParkingAttached Garage And Driveway
Parking spaces2
Parking notes2-car attached garage; additional guest/driveway parking likely available per community design
AccessStandard residential curb access; community street access in Parkside Commons
WaterCity
SewerPublic Sewer
ElectricElectricity Connected (Underground Utilities)
Location & nearby

Parkside Commons / Downtown Davidson area

Researched nearby locations

Davidson College (<1 mile)
Downtown Davidson shops & restaurants (0.1-0.5 mile)
Lake Norman shoreline & public access (2-3 miles)

Location

549 Annie Lowery Way, Davidson, NC 28036

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

Within walking distance to downtown amenities and short drives to Lake Norman parks, boat ramps, and multi-use trails — strong for active outdoor lifestyles.

ElementaryDavidson K-8 (Charlotte-Mecklenburg Schools) — rating approx 8/10
Middle schoolDavidson K-8 serves middle grades (8/10)
High schoolWilliam Amos Hough High School (or assigned CMS high school; verify exact assignment) — rating approx 7/10
School districtCharlotte-Mecklenburg Schools (CMS)
Market context

A factual market snapshot around 549 Annie Lowery Way.

Median sale price$550,000
Avg days on market25 days
Inventory2.5 months
1-year appreciation300.0%
5-year appreciation1800.0%
Editorial market perspective

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.

Zoning & land use

Residential townhome / attached housing allowed under local zoning and planned community regulations.

Zoning

DescriptionResidential townhome / attached housing allowed under local zoning and planned community regulations.
JurisdictionTown of Davidson / Mecklenburg County
Current useResidential

Research-indicated uses

  • Owner Occupied Single Family Attached Dwelling
  • Accessory Uses Per HOA And Town Zoning
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2026-02-10$500,000
2026-03-06$210,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Listed price: $210,000; price per SF ≈ $114.
  • New construction (2026) with excellent condition and contemporary features.
  • Deed-restricted sale requires buyer to meet ≤80% AMI and owner-occupancy.
  • Public records show a $500,000 entry (2/10/2026) — verify title/transaction details.
  • HOA is mandatory (fee amount not listed); confirm HOA covenants and dues.
Highlights & features

What stands out about this property.

Interior Features

  • 1,849 SF across three levels
  • 3 bedrooms, 2.5 baths
  • Flex space on lower level (office/rec room)
  • Open great room with wall of windows
  • Kitchen with granite counters, center island, stainless appliances
  • Walk-in pantry and multiple closets
  • Laundry closet on bedroom level

Exterior & Lot

  • Attached 2-car garage with storage
  • Rear deck off living area
  • Community-style townhome lot in Parkside Commons
  • Underground utilities and city water/sewer

Location & Neighborhood

  • Short walk to downtown Davidson dining & shops
  • Davidson College less than 1 mile
  • Quick access to Lake Norman recreation
  • Convenient commute access to I-77 / Charlotte

Walkability & Recreation

  • Walkability Rating: 78/100
  • Walking distance to local restaurants, grocery, and services
  • Nearby trails and Lake Norman boating within a short drive
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
https://www.redfin.com/NC/Davidson/549-Annie-Lowery-Way-28036/home/193315297View source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.