19631 Oak St

Investment Overview

Positioned near Downtown Cornelius, this ±0.689-acre residential assemblage offers a compelling opportunity for boutique single-family development. The property includes 19631 Oak Street and three adjoining Aftonshire Drive homesites, creating a four-parcel offering within an established neighborhood setting. The approved plan allows for three single-family homes along Aftonshire Drive, with principal residences permitted up to two stories or 26 feet in height. Accessory dwelling units are also permitted on the Aftonshire portion, providing additional flexibility within the residential concept. The adjoining Oak Street parcel expands the overall site and presents the potential for further subdivision, which could increase the total residential concept to as many as six lots, subject to applicable approvals.

Investment Highlights

• ±0.689 Acres Across Four Contiguous Parcels
• Three Approved Single-Family Lots Along Aftonshire Drive
• Potential for Up to Six Residential Lots, Subject to Approval
• Accessory Dwelling Units Permitted on the Aftonshire Portion
• ADUs Limited to 30% of the Principal Dwelling Size
• Reduced Lot-Size Approval for the Aftonshire Lots
• Defined Setbacks: 10' Front | 5' Rear | 3'-12' Side
• Additional Oak Street Parcel Zoned NR
• Aftonshire Drive Parcels Zoned CZ
• Principal Building Height Up to 2 Stories / 26 Feet
• Infill Location Near Downtown Cornelius