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.
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.
A 2026 traditional.
Building
Site & utilities
Parkside Commons / Downtown Davidson area
Researched nearby locations
Location
549 Annie Lowery Way, Davidson, NC 28036
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.
Within walking distance to downtown amenities and short drives to Lake Norman parks, boat ramps, and multi-use trails — strong for active outdoor lifestyles.
A factual market snapshot around 549 Annie Lowery Way.
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.
Residential townhome / attached housing allowed under local zoning and planned community regulations.
Zoning
Research-indicated uses
- Owner Occupied Single Family Attached Dwelling
- Accessory Uses Per HOA And Town Zoning
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
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.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.