Located in East Charlotte between Wendover and Sharon Amity roads, Oakhurst might be one of the best situated neighborhoods in Charlotte – and (great news) you can still get in here starting at $145,000. Oakhurst is considered a “shoulder neighborhood” which means it sits right on the edge of a booming neighborhood (in this case Cotswold). Translation: great homes in an up and coming area at affordable prices.
Where people want to be
Like many areas in Charlotte, this neighborhood is going through a transformation, quickly turning into a hip neighborhood where people want to be. “There are people who have lived here forever and now we are seeing more young people move in the area,” says Shannon. “The newcomers want a place that is hip and artsy but are priced out of established areas like NoDa. It’s affordable here still.” We like that word, affordable.
This eclectic area boasts both established restaurants and shops and some new kids in town. Meet the crew at Red Sea Restaurant for Ethiopian and Eritrean cuisine, peruse the new Common Market, work out at Iron Tribe Fitness and grab a yummy take out lunch from Oakhurst Grill. You can also find the Oakhurst Community Garden, Oakhurst STEAM Academy and Oakhurst Park.
The neighborhood was established in 1915 which means craftsman, brick ranches and split levels are the dominate home styles here. There is also some new construction with the opening of Moderna. Most of these homes are shaded by a rich, mature tree canopy, adding to the charm of the streets and neighborhood. We do love charming.
Up and coming
New neighbors aren’t the only ones flocking to this area. Developers continue to build retail, restaurants and housing in the Monroe Corridor and Oakhurst Square is planning a 19-acre mixed use development at the Woonsocket Mill on Monroe Road. Home values are another reason to take a good look around. In the past three years, home prices have gone up an average of over $25,000 according to the CarolinaMLS and days on market have dropped dramatically. A wonderful place to live and a great investment? Sounds perfect to us.