Zoning Page

Sale of 0.619-Acre City-Owned Parcel to TDC Farm Pond, LLC for $14,250 for Affordable Housing

  • When: 2025/10/27
  • Address: 6048 Johnnette Drive, Charlotte, NC
  • City: Charlotte
  • State: NC
  • Category: City Properties
  • Subcategory: Property Sale
  • Asset Class: Detached Housing
  • Property Type: Single Family Residential
  • Size (AC): 0.619 AC
  • Size (Units): 2 Units
  • Size (Dollars): $14,250
  • New Zoning: N1-D(CD)

The City of Charlotte approved the sale of a 0.619-acre city-owned parcel at 6048 Johnnette Drive to TDC Farm Pond, LLC for $14,250, which is 50% of its appraised market value. The property will be combined with an adjacent 19-acre site for a residential development known as the Harvest Hill Drive Subdivision. As a condition of the sale, the developer is required to provide two for-sale affordable housing units within the project, targeted at households earning at or below 80% of the area median income. These units will have a 15-year affordability restriction and must be among the first 55 homes built, with an occupancy deadline of September 30, 2027. The broader development site was previously rezoned to N1-D(CD) on March 17, 2025, to accommodate the project.

Source

Applicant - TDC Farm Pond, LLC


Ownership - City of Charlotte


Developer - The Drakeford Company


City Representative - Rebecca Hefner