Charlotte’s Eastwood Park is a neighborhood full of possibilities. With affordable homes and location close to some of the city’s most popular hot spots, the enclave of older homes checks all the boxes for in-town living.
Eastwood Park, which is mostly 1950s brick and partial brick ranches, is located between The Plaza and Eastway Drive at East Sugar Creek Road and is adjacent to Garinger High School.
It is less than 5 minutes to Uptown, NoDa and Plaza Midwood. I-77, I-277 and I-85 access is also only minutes from the neighborhood. Eastwood Park is also ideally situated to take advantage of the expanded LYNX light rail blue line at Sugar Creek station.
Popular shops, restaurants and parks are just outside your door, as well as proximity to beautiful Charlotte Country Club.
As the price of land in and around Uptown continues to rise, people are seeking affordable options for land close to Center City. Homes in Eastwood Park are great investments as rentals or primary residences.
Though many of the homes in the neighborhood sell in the $100,000s, a renovated, 1,654-square-foot home sold for more than $300,000 in August 2016.
Many of the homes are smaller in size, averaging around 1,000 square feet on lots of approximately one-quarter to one-third of an acre.
In the last 12 months, a total of 8 homes sold in the Eastwood Park neighborhood for an average sales price of $160,475 and $141 per square foot. Sales averaged 98.8% of list price. A renovated home sold for 106% of list price.
Currently, there is only 1 home listed for sale in Eastwood Park. It is a 1952-built ranch that is in foreclosure. It is under contract and has a list price of $100,000.
Students living in Eastwood Park currently attend Shamrock Gardens Elementary School, Eastway Middle School and Garinger High School.