If you’re looking for one of South Charlotte’s most exclusive neighborhoods, then look no farther than desirable Foxcroft luxury homes for sale | Southpark area. With an incredibly close-in location near the posh Southpark Mall, luxury homes on large, well-manicured lawns, and the cache of having one of the highest price-per-square foot averages in Charlotte, Foxcroft has been the choice for discriminating South Charlotte buyers for decades.
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Foxcroft Luxury Homes for Sale | Southpark Area | Location
Located between Sharon Road, Providence Road, Fairview Road and Sharon Lane, the Foxcroft neighborhood is just 15 minutes from Uptown Charlotte, and just 5 minutes to Southpark Mall and Phillips Place, where you’ll find exclusive shopping and exquisite dining choices. Once you’re in the heart of the Foxcroft neighborhood, you’ll soon forget that you are near one of Charlotte’s largest office and retail areas – Southpark. There is no doubt that this prime location is driving the Foxcroft luxury home real estate market.
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History of Foxcroft Neighborhood in Charlotte NC
Foxcroft is part of an area that was a former dairy farm owned by the Harris family. The neighborhood was developed in the 1940’s, and it is common to see major renovations in these expansive, luxury homes. You will also find in-fill homes in Foxcroft, where owners have re-built homes on existing lots, or gone through tear downs and retrofits. The stunning architecture in Foxcroft is quite diverse – you’ll find traditional 2-story homes as well as large ranch style homes boasting over 5,000 SF! Foxcroft offers luxury homes for sale for discriminating Charlotte buyers!
Foxcroft Luxury Homes for Sale | Southpark Area | Real Estate Market 2011
As the chart below shows, home values in the Foxcroft neighborhood in South Charlotte NC have reverted back to 2005/2006 prices, which is far better than the Charlotte market as a whole, which has reverted back to 2002/2003 prices. After a significant 67% spike in 2007 to an average sales price of $1,714,408, the Foxcroft real estate market dropped 12.5% in 2008, 18.6% in 2009, and another 21% in 2011, before creeping up 2% in 2011. So… during the housing market decline of 2008 – 2010, the Foxcroft neighborhood lost a good portion of it’s 67% gain in 2007 – but not all of the gain!
Currently there are 14 homes for sale in Foxcroft in South Charlotte, NC, ranging from $450,000 to $2,750,000. The average list price is $1,401,714; the median list price is $1,197,500. Nine Foxcroft homes are currently under contract, ranging from $520,000 to $1,399,000.
Foxcroft Neighborhood Schools
The Foxcroft neighborhood is zoned for some of Charlotte’s best public schools. Here are links to these schools:
Foxcroft Neighborhood Real Estate Expert
South Charlotte NC is definitely a popular destination for people moving into the area. You’ll find beautiful neighborhoods like Foxcroft and a thriving shopping, dining and recreation scene. Some of Charlotte’s best public schools are located in South Charlotte!
I’m a South Charlotte Realtor® – I live and work here, and it would be my pleasure to help you with your South Charlotte real estate needs. If you are thinking about selling your South Charlotte home, I would love to share my 21-point marketing plan that combines new technology with good old hard work! If you’re looking to buy a home in South Charlotte, please contact me so we can talk about finding the best home and neighborhood for YOU!
Come have a chat with me at our brand new Savvy + Co. Real Estate office in the heart of Ballantyne Village. You’ll soon find out why Savvy just “gets it!” We combine smart real estate with nice people, and what you get is an AWESOME real estate experience! I look forward to hearing from you!Melissa Brown, Broker/Realtor® 704-654-9700 (cell) Melissa@MelissaBrownHomes.com Savvy + Co. Real Estate 14825 Ballantyne Village Way, Suite 165 Charlotte, NC 28277