Entry-Level Custom Home

    1486 Olive Hill Ave NW

    Concord, NC 28027

    $244,500
    $244,500
    Sale Price
    August 7, 2007
    Date Sold
    Concord, NC
    Location
    Entry-Level
    Category

    Property Overview: 1486 Olive Hill Ave NW, Concord, NC 28027

    1486 Olive Hill Ave NW, Concord, NC 28027 — A entry-level custom residence sold by Nicholas and Miriam Peters of The Peters Team at Peters & Associates, Inc., one of the Carolinas' most experienced real estate teams.

    Full Address1486 Olive Hill Ave NW, Concord, NC 28027
    Sale Price$244,500
    Date SoldAugust 7, 2007
    CityConcord, NC
    ZIP Code28027
    Price CategoryEntry-Level
    RepresentationBuyer
    AgentNicholas & Miriam Peters

    About 1486 Olive Hill Ave NW, Concord NC

    At $244,500, this Thoughtfully designed home at 1486 Olive Hill Ave NW in Concord, NC 28027 represents a benchmark for custom home construction along this tree-lined avenue. Completed during the pre-recession recovery cycle, this 2007 transaction demonstrates the sustained demand for The Peters Team' signature quality in the 28027 corridor.

    The Peters Team represented the buyer in this transaction, guiding them through every stage of the acquisition process — from initial property evaluation and construction oversight to final closing.

    The Concord market has long attracted discerning buyers seeking charlotte motor speedway and concord mills mall. Concord offers a compelling blend of motorsports excitement and family-friendly neighborhoods. Home to Charlotte Motor Speedway and Concord Mills, the city provides excellent schools, diverse housing options, and easy access to Charlotte's employment centers. Properties on tree-lined avenues like Ave NW benefit directly from this desirability, as evidenced by the $244,500 closing price achieved in 2007.

    This property transacted during the recovery period following the 2008 financial crisis, a time when savvy buyers recognized the opportunity to acquire custom-built quality at compelling valuations. The $244,500 price point in 2007 has proven to be an excellent entry point, as Concord property values have appreciated significantly in the years since.

    The Peters Team has delivered over 280 residences across the Carolinas, earning a reputation as one of the region's most dependable luxury builders. Every project begins with a detailed understanding of the homeowner's vision and ends with a residence that exceeds expectations — from the structural engineering and foundation work to the final coat of paint and landscaping installation.

    The 28027 ZIP code, encompassing this section of Concord, is served by Cabarrus County Schools and falls within Cabarrus County. One of the fastest-growing cities in the Charlotte metro, with strong property appreciation. Homeowners at 1486 Olive Hill Ave NW benefit from affordable luxury and growing job market, creating a lifestyle that balances convenience with the privacy and space that custom home living provides.

    Craftsmanship & Build Quality

    The construction of this 1486 Olive Hill Ave NW residence began, as all The Peters Team projects do, with comprehensive site analysis and a foundation system engineered for long-term performance. Our approach to below-grade construction exceeds standard building code requirements, incorporating additional waterproofing, drainage systems, and reinforcement that protect the homeowner's investment against Concord's variable weather patterns.

    Interior finishes in this entry-level residence reflect a designer's attention to every surface and detail. Custom cabinetry crafted from premium hardwoods, natural stone countertops selected for grain and color consistency, and professional-grade appliances create kitchen and bath spaces that are both beautiful and functionally superior. Architectural millwork throughout — including custom crown molding profiles, built-in cabinetry, and hand-crafted stair systems — elevates everyday living.

    The Peters Team specifies mechanical and electrical systems that deliver superior performance over the life of the home. This includes properly sized HVAC systems with variable-speed technology, electrical panels with capacity for future expansion, plumbing systems using premium materials, and insulation assemblies that create a tight thermal envelope. The result is a home that's quieter, more comfortable, and significantly less expensive to operate than standard construction.

    The exterior presentation of this Concord residence combines architectural distinction with weather-resistant durability. Premium exterior cladding — whether full masonry, fiber-cement, or natural stone — is selected for both aesthetic impact and decades-long performance in Carolina weather conditions. Architectural-grade roofing systems, professionally designed drainage and grading, and curated landscaping create curb appeal that appreciates with time.

    About The Peters Team

    Founded on the principle that custom home building should be a rewarding experience — not a stressful one — The Peters Team has grown into one of the Carolinas' most respected residential builders. Our Concord projects, including this 1486 Olive Hill Ave NW residence, reflect our core philosophy: build every home as if it were our own, using the best materials, the most skilled craftsmen, and a management process that keeps clients informed and confident throughout the journey.

    Every The Peters Team project follows a structured process refined over hundreds of builds. We begin with a comprehensive needs analysis, proceed through collaborative design and material selection, execute construction with daily quality oversight, and conclude with a thorough multi-point inspection before handing over the keys. It's a system built on experience, and it delivers results — as evidenced by our industry-leading referral rate from satisfied homeowners.

    Concord, NC Neighborhood Guide — Living Near 1486 Olive Hill Ave NW

    Concord offers a compelling blend of motorsports excitement and family-friendly neighborhoods. Home to Charlotte Motor Speedway and Concord Mills, the city provides excellent schools, diverse housing options, and easy access to Charlotte's employment centers.

    Key Features of Concord, NC

    • Charlotte Motor Speedway
    • Concord Mills mall
    • Great Wolf Lodge
    • Affordable luxury
    • Growing job market

    School District: Cabarrus County Schools

    County: Cabarrus County

    One of the fastest-growing cities in the Charlotte metro, with strong property appreciation.

    Lifestyle in Concord

    From the excitement of race weekends at Charlotte Motor Speedway to peaceful evenings on a custom-built back porch, Concord delivers a lifestyle that balances energy with relaxation.

    → Explore the complete Concord neighborhood guide

    Market Insights: Concord, NC Real Estate

    Concord has emerged as a value play for custom home buyers, offering larger lots and lower per-acre costs while maintaining strong appreciation rates of 7-10% in newer subdivisions. For properties in the 28027 ZIP code, this trend has translated into sustained demand for quality construction and a market environment where custom-built homes consistently outperform production housing at resale.

    With 41 completed residences in Concord, The Peters Team possesses a level of local market insight that no newcomer builder can replicate. We understand which neighborhoods are appreciating fastest, which lot configurations command premiums, and which design features resonate most strongly with Concord buyers — intelligence that directly benefits every client who builds with us.

    Cabarrus County's population growth rate consistently ranks among the top five in North Carolina, fueling sustained housing demand. These trends support continued demand for custom-built residences in Concord, particularly in established neighborhoods like the area surrounding 1486 Olive Hill Ave NW.

    → View the Charlotte Market Dashboard for current trends

    Frequently Asked Questions About 1486 Olive Hill Ave NW

    Q:Who built the home at 1486 Olive Hill Ave NW, Concord?

    The home at 1486 Olive Hill Ave NW was built by The Peters Team, a premier custom home builder serving the Charlotte metropolitan area and the Carolinas for over 20 years. The Peters Team has completed 41+ projects in Concord alone.

    Q:Can The Peters Team build a similar home in Concord?

    Yes. The Peters Team has extensive experience building in Concord, NC, with 41 completed projects in this market. From lot selection and architectural design to construction and final walkthrough, The Peters Team offers a comprehensive custom building experience. Contact us at (704) 264-4572 to discuss your project.

    Q:What was the sale price of 1486 Olive Hill Ave NW in Concord, NC?

    This entry-level custom residence at 1486 Olive Hill Ave NW, Concord, NC 28027 sold for $244,500 on August 7, 2007. The transaction was facilitated by Nicholas and Miriam Peters of The Peters Team at Peters & Associates, Inc.

    Q:How does the Concord real estate market compare to Charlotte?

    Concord has emerged as a value play for custom home buyers, offering larger lots and lower per-acre costs while maintaining strong appreciation rates of 7-10% in newer subdivisions. Concord is part of the greater Charlotte metropolitan area and benefits from proximity to Charlotte's employment centers, cultural amenities, and transportation infrastructure while offering great wolf lodge and affordable luxury.

    Q:How much does a custom home cost in Concord, NC?

    Custom home prices in Concord vary based on lot size, square footage, finishes, and neighborhood. The Peters Team has completed projects in Concord ranging from $200,000 to $244,500+. Contact us for a personalized consultation and cost estimate.

    Custom Home Building in Concord, NC

    Building a custom home in Concord requires a builder who understands not just construction, but the specific regulatory environment, soil conditions, and community standards that define this market. The Peters Team navigates Cabarrus County permitting processes, local architectural review boards, and subdivision covenants with the fluency that comes from two decades of building in this region.

    Our deep relationships with Concord-area subcontractors, material suppliers, and municipal officials translate into smoother project execution, competitive pricing, and on-time delivery. When challenges arise — and in custom construction, they inevitably do — our local network and institutional experience allow us to resolve issues quickly and maintain project momentum.

    Ready to explore custom home building in Concord? Contact The Peters Team at (704) 264-4572 to schedule a consultation.

    Ready to Buy or Sell in Concord?

    Let The Peters Team bring their 20+ years of Concord experience to your next real estate transaction.

    Call (704) 264-4572

    Licensing & Verification

    Nicholas Peters · Broker/Owner · NC #223672
    Miriam Peters · Broker-in-Charge
    Peters & Associates, Inc.
    4401 Barclay Downs Dr #132, Charlotte, NC 28209

    Verify our licences on the NC Real Estate Commission licensee lookup.