Property listing for 811 Parkwood Rd, Shelby, NC 28150
ActiveSingle Family Home

$359,000

811 Parkwood Rd, Shelby, NC 28150

Brick Ranch on Half-Acre Corner Lot — New Roof, Walk-Out Basement

3 Bed · 3 Bath · 2,276 Sq Ft

Classic brick ranch with modern updates and big yard — move-in ready.

3

Beds

3

Baths

2,276

Sq Ft

1955

Built

0.517 acres

Lot

Attached carport; circular driveway

Garage

About 811 Parkwood Rd

This solid brick ranch on a half-acre corner lot delivers rare combination of single-level living, flexible lower-level space, and mature yardland just minutes from Uptown Shelby. Enter through classic arched doorways into a living room warmed by a gas-log fireplace, or move directly into the kitchen where solid wood cabinetry, granite counters, stainless appliances and a practical breakfast area anchor everyday life. The true split-bedroom layout places two guest bedrooms and a full bath away from the oversized primary suite — the primary offers built-in cabinetry, its own fireplace, abundant windows, and an ensuite bath.

Outside, the property shows pride of ownership: a new roof (Feb 2026), fresh paint, pressure-washed exterior, mulched beds, and an Amish-built 12' x 24' storage building (2025) ready for garden or tool storage. The screened porch, accessible from both the kitchen and dining room, expands entertaining options and connects seamlessly to a brick patio and the expansive yard. A long circular driveway wraps behind the house for easy guest access and parking; the attached carport provides covered parking without sacrificing yard space.

A walk-out basement adds a large bonus room, a third full bathroom, and the laundry area — this space is ideal for a recreation room, home office, studio, or guest suite. Practical updates include newer windows, a Nest thermostat, and included washer/dryer and refrigerator. The home is empty and staged virtually to show layout possibilities; it is being sold move-in ready and includes a one-year home warranty for buyer peace of mind.

This property will appeal to buyers seeking single-story convenience with room to grow outdoors — whether you’re planning low-maintenance retirement living, seeking space for young family activities, or an investor looking for a well-located rental with upside, 811 Parkwood Rd stands out for lot size, durable brick construction, and thoughtful maintenance.

Home Highlights

New roof (Feb 2026) & one-year home warranty includedHalf-acre corner lot with screened porch and brick patioWalk-out basement with full bath and laundry — flexible living spaceSolid brick construction and original built-in charmAttached carport plus long circular driveway and 12'x24' storage shed

Property Features

Interior Features

  • True split-bedroom floor plan
  • Oversized primary with fireplace & built-ins
  • Kitchen with solid wood cabinetry, granite counters, stainless appliances
  • Living room with gas log fireplace
  • Hardwood and tile floors
  • Basement bonus room with full bath and laundry (walk-out)
  • Plantation shutters in one bedroom

Exterior & Lot

  • 0.517-acre corner lot with mature trees
  • New asphalt shingle roof (Feb 2026)
  • Screened porch and brick patio
  • 12' x 24' Amish-built storage building (2025)
  • Circular driveway and attached carport

Location & Neighborhood

  • Approx. 1–2 miles to Uptown Shelby dining and services
  • Established, walkable residential streets
  • Short drive to groceries, medical, and community amenities
  • Part of Cleveland County Schools

Walkability & Recreation

  • Walkability Rating: 60/100
  • Nearby parks and neighborhood sidewalks
  • Easy access to downtown Shelby events and farmers markets

Neighborhood & Location

Parkwood area is an established residential pocket of Shelby with mature trees, sidewalks, and a short drive to Uptown Shelby. The neighborhood is characterized by mid-century homes on generous lots, a comfortable pace of life, and proximity to local shops, restaurants and community events — an appealing setting for families and buyers seeking accessible single-story homes.

Market Insights

Shelby and greater Cleveland County trade at lower median price points compared with the Charlotte core, attracting buyers who prioritize lot size and value. Over the last 12 months the local market has shown modest appreciation (estimated mid-single digits), with well-updated homes in established neighborhoods selling faster than generic inventory. This brick ranch, listed at $359,000 (~$158/sqft), sits above the county median due to its lot size, brick exterior, and finished lower-level. In a market with limited move-in-ready inventory for buyers seeking single-story living, expect interest from downsizers and families. Sellers can leverage the new roof and included warranty to reduce friction at underwriter and inspection stages. Investors should note a likely rent band of $2,000–$2,400/mo which supports a gross yield in the 6–8% range at asking price — a solid entry if long-term hold and minor value-add are planned.

Nearby Schools

Central Elementary School

Elementary · 1.2 mi

5/10

Shelby Middle School

Middle · 2.0 mi

5/10

Shelby High School

High · 2.5 mi

5/10

Walkability & Recreation

60
Walkability
65
Recreation

Good access to neighborhood parks, sidewalks, and Uptown Shelby events; large private yard and screened porch provide on-site recreation.

Investment Highlights

  • Large 0.517-acre corner lot in an established Shelby neighborhood
  • Brick construction with recent new roof (Feb 2026) — durable, low maintenance exterior
  • Walk-out basement with full bath and laundry provides rental or ADU potential
  • Short drive to Uptown Shelby amenities, restaurants, and services
  • Move-in ready with included appliances, 12'x24' storage building, and one-year home warranty

Key Findings

  • 3 beds / 3 baths; 2,276 sqft; built 1955
  • Listed at $359,000 (Redfin AVM ~$356,915) — approx $158/sqft
  • Corner lot of 22,520 sqft (0.517 acres) with mature trees and circular driveway
  • New roof February 2026; updated cosmetic touches (paint, fixtures, pressure wash)
  • Walk-out basement with bonus room and full bath increases usable living area

Things to Consider

  • Confirm finished basement condition and moisture management (walk-out basements can show water issues)
  • No enclosed garage — buyers seeking a garage may require modifications
  • Verify exact school boundaries, tax assessments, and parcel/APN before purchase

Opportunity Analysis

Buyers seeking a single-level brick ranch on a large lot near Uptown Shelby will find immediate utility and upside in 811 Parkwood Rd due to its durable construction, recent major expense (new roof), and flexible lower-level space. The property is competitively positioned at the current list price to attract both owner-occupants (downsizers, small families) and investors seeking a renovated single-family rental with above-market lot value.

Potential Use Scenarios

  • Market aggressively to owner-occupant buyers and downsizers emphasizing single-level living, new roof, and large lot.
  • For investor buyers: consider light value-add (convert basement to legal rental unit if local code permits) or add an enclosed garage to increase appeal.
  • Obtain a thorough inspection focused on basement moisture, roofing warranty details, and HVAC age to reduce post-offer surprises.

Risk Factors

  • Basement moisture or structural issues in older foundations
  • Potential need for enclosed garage for certain buyer segments
  • Shelby market price sensitivity compared with Charlotte MSA core

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

AI Valuation Estimate

Low

$340K

Midpoint

$360K

High

$380K

$158/SF estimated price per square foot

65% confidence

Estimate anchored to current list price ($359,000) and Redfin AVM (~$356,915). Range accounts for local market dispersion, condition, lot premium, and finished basement living area. No live comparable sale pull performed in this analysis.

As of 2026-03-14

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$210,000
Avg Days on Market45 days
Inventory3.5 months
1-Year Appreciation+400.0%

Demographics

Population (1 mi)6,500
Median Income (1 mi)$42,000

Shelby and Cleveland County have slower population growth vs. Charlotte MSA core; modest residential demand sustained by affordability relative to Charlotte.

Nearby Points of Interest

  • Uptown Shelby (≈1–2 mi)
  • Shelby Regional Airport / small commercial nodes (≈3–5 mi)

Walkable, established neighborhood near Uptown Shelby with parks, local restaurants, and community services within a few minutes' drive. Nearby medical, groceries, and civic amenities in central Shelby.

School District

DistrictCleveland County Schools
ElementaryCentral Elementary School (estimate, rating ~5/10)
MiddleShelby Middle School (estimate, rating ~5/10)
HighShelby High School (estimate, rating ~5/10)

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

Property Details

Building Details

Year Built1955
Constructionbrick
Stories1
Roofasphalt shingle (new Feb 2026)
HeatingForced air (natural gas)
CoolingCentral air (electric)
Basementwalk-out (basement bonus room with full bath & laundry) - likely partial finished
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.517 acres (22,520 SF)
Topographylevel
Parkingattached_carport_and_circular_driveway
Parking Spaces6
FrontageStreet frontage on Parkwood Rd; long circular driveway with rear wrap-around access

Utilities

WaterCity (municipal)
SewerPublic Sewer
ElectricElectric service (utility available)
GasNatural gas available

Zoning & Land Use

DescriptionLikely single-family residential zoning (city/residential neighborhood). Exact code should be verified with City of Shelby planning.
JurisdictionCleveland County / City of Shelby

Allowed Uses

Single family dwellingAccessory structures (sheds, garages) subject to setbacksHome occupations (subject to local rules)
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2019-06-10$163,000
2017-07-14$146,000

Are You the Listing Agent?

Claim this property page to feature your contact info, photos, and list price.

Claim This Listing — $49

One-time fee. Your info appears on this page across CompCasa.

Request a Showing

Connect with a licensed local agent in this area.

Request a Showing

Are you a buyer's agent?

Claim ZIP 28150 — $49/yr

Property details may be compiled from public records, MLS-derived data, and automated analysis. Agent claim indicates the agent has claimed this profile or confirmed representation of the property; it does not mean the agent has verified all property details.

Request a Showing