$335,000
3 Bed · 2 Bath · 1,292 Sq Ft
Single-level living on a .22-acre lot close to Charlotte’s best scenes.
3
Beds
2
Baths
1,292
Sq Ft
1983
Built
0.22 acres
Lot
None — driveway + street parking
Garage
This well-maintained ranch at 708 Pennwood Ln delivers tidy, single‑level living and an unusually generous yard for the north‑central Charlotte corridor. At approximately 1,292 finished square feet the home offers three comfortable bedrooms and two full baths arranged for privacy and practicality. The primary suite includes an ensuite bath; two additional bedrooms share a second full bath—perfect for a work-from-home parent needing a private bedroom, roommates, or a guest suite.
The interior feels straightforward and livable: functional circulation, classic footprint, and the kind of layout that benefits most from modest cosmetic updates that deliver immediate value. Outside, the property sits on a roughly 0.22‑acre lot — a standout feature in this part of the city. The backyard supports extended outdoor living, gardening, or a play area and creates the opportunity for an accessory structure or addition (subject to permitting).
Location is a core asset here. You’re minutes from the creative amenities of NoDa, the growing activity at Camp North End, and an easy drive into Uptown Charlotte. Commutes to central employment nodes are short, and local dining, breweries, and greenways are within easy reach. The home’s single‑story plan appeals to buyers seeking low‑maintenance living or investors seeking a solid rental proposition in an appreciating inner ring of the city.
Practical details: listed at $335,000, no HOA, and an active listing with strong early interest. There is no attached garage, but a private driveway and street parking accommodate daily needs. Seller disclosures and inspection reports are available upon request. Schedule a showing to see how this quietly spacious lot and functional ranch plan match your next move in Charlotte.
This section of north/central Charlotte blends older single-family neighborhoods with pockets of new development and adaptive reuse. The nearby NoDa arts district and Camp North End provide dining, entertainment, and creative office space that have driven local demand. Streets are a mix of established bungalows and mid‑century ranches; community character skews toward walkable, amenity-oriented urban living while still offering yards and quieter residential blocks.
The north/central Charlotte pocket around NoDa and Camp North End remains one of the stronger urban infill submarkets in the metro. Inventory is modest and demand favors homes that combine walkable access to arts/dining corridors with private outdoor space. Median sale prices in central Charlotte have stabilized after rapid growth earlier in the decade; typical appreciation in this corridor has outpaced many outlying suburbs. For buyers, this is an opportunity to secure single-level living close to employment and cultural anchors. For investors, low vacancy and a healthy rental market in central neighborhoods support consistent cashflow — renovated three-bed ranches command premiums. Expect marketing to attract both owner-occupants and investors; pricing near $259/SF aligns competitively with nearby unrenovated product while offering upside through modest updates.
Charlotte-Mecklenburg Schools (verify assignment)
District · Varies
Good access to parks, greenways, and urban recreation nodes—walkable to local dining and short drives to larger park systems and trails.
Buyers seeking entry-to-mid market single-family homes near Charlotte’s cultural and employment hubs can acquire a move-in-ready ranch with land upside at a competitive price. Short-term upside comes from modest cosmetic updates; longer term benefits derive from neighborhood appreciation driven by NoDa/Camp North End growth.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$320K
Midpoint
$335K
High
$350K
$259/SF estimated price per square foot
Estimate anchored to the active list price ($335,000) and local market knowledge for the NoDa / North Charlotte corridor. Considered size (1,292 SF), lot (~0.22 ac), year built (1983), and single-level appeal. No live comps pulled; buyer/seller negotiation, condition, and recent interior updates can push final price toward high end.
As of 2026-03-11
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
North Charlotte and the NoDa corridor have experienced steady redevelopment and rising demand from young professionals and investors; infill and renovation activity continues.
Close to creative job and entertainment hubs (NoDa, Camp North End), several parks and greenways, and direct routes to Uptown Charlotte — offering both walkable local amenities and fast highway access.
Market data is based on aggregated public records and may not reflect real-time conditions.
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