Entry-Level Custom Home

    2863 Watercrest Dr NW

    Concord, NC 28027

    $204,500
    $204,500
    Sale Price
    August 1, 2007
    Date Sold
    Concord, NC
    Location
    Entry-Level
    Category

    Property Overview: 2863 Watercrest Dr NW, Concord, NC 28027

    2863 Watercrest Dr 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 Address2863 Watercrest Dr NW, Concord, NC 28027
    Sale Price$204,500
    Date SoldAugust 1, 2007
    CityConcord, NC
    ZIP Code28027
    Price CategoryEntry-Level
    RepresentationBuyer
    AgentNicholas & Miriam Peters

    About 2863 Watercrest Dr NW, Concord NC

    At $204,500, this Custom-designed residence at 2863 Watercrest Dr NW in Concord, NC 28027 represents a benchmark for custom home construction along this established drive. 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.

    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. For homeowners along 2863 Watercrest Dr NW, this translates to a lifestyle defined by charlotte motor speedway, concord mills mall, and great wolf lodge — advantages that consistently drive premium valuations in the 28027 ZIP code.

    Closing in 2007, this transaction occurred during a window when Charlotte-area custom homes offered exceptional value. Buyers who entered the market during this pre-recovery period in Concord have generally seen substantial equity gains, underscoring the long-term investment merit of quality construction.

    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 2863 Watercrest Dr 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 2863 Watercrest Dr 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.

    From the street, this home makes an immediate impression through thoughtful proportioning, quality materials, and landscape design that complements the architecture. The Peters Team specifies exterior materials that maintain their appearance and structural integrity through decades of Carolina sun, rain, and humidity — because a custom home should look as distinguished at year twenty as it does on move-in day.

    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 2863 Watercrest Dr 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 2863 Watercrest Dr 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

    The Concord market has evolved significantly since this property's 2007 transaction. 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. This trajectory benefits current homeowners in the 28027 area, as the combination of limited custom home inventory and growing buyer demand creates a favorable environment for property value appreciation.

    The Peters Team has completed 41 projects in Concord, providing us with granular market intelligence that informs every aspect of our building process — from lot selection and architectural design to pricing strategy and resale positioning. This depth of local experience means our clients benefit from data-driven decisions backed by real transaction history.

    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 2863 Watercrest Dr NW.

    → View the Charlotte Market Dashboard for current trends

    Frequently Asked Questions About 2863 Watercrest Dr NW

    Q:What was the sale price of 2863 Watercrest Dr NW in Concord, NC?

    This entry-level custom residence at 2863 Watercrest Dr NW, Concord, NC 28027 sold for $204,500 on August 1, 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 $204,500+. Contact us for a personalized consultation and cost estimate.

    Q:What school district serves 2863 Watercrest Dr NW in Concord, NC?

    Properties in this area of Concord, NC 28027 are served by Cabarrus County Schools. Concord is located in Cabarrus County and is known for charlotte motor speedway and concord mills mall.

    Q:What makes Concord, NC a desirable location for custom homes?

    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 advantages include charlotte motor speedway, concord mills mall, great wolf lodge, affordable luxury, growing job market. One of the fastest-growing cities in the Charlotte metro, with strong property appreciation.

    Custom Home Building in Concord, NC

    Choosing to build a custom home in Concord is an investment in lifestyle as much as real estate. 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. The Peters Team designs residences that maximize these location advantages — whether that means orientation for natural light, outdoor living spaces that capture the best views, or floor plans that accommodate the way Concord families actually live.

    From lot evaluation and feasibility analysis to architectural design, construction, and warranty service, The Peters Team provides a comprehensive building experience in Concord. Our project management systems, refined over hundreds of builds, ensure that timelines are maintained, budgets are respected, and the finished product reflects both the homeowner's vision and our uncompromising quality standards.

    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.