10 new $800,000 homes coming to historic Plaza Midwood property — but its Depression-era estate will be preserved

The future of the home, built in 1938, has been in limbo for the last several years. It’s one of Charlotte’s best-preserved examples of Depression-era architecture and smack-dab in the heart of the neighborhood.

After initial reports last year that the estate would be torn down for development, the Charlotte-Mecklenburg Historic Landmarks Commission struck a deal to buy the house and lots immediately surrounding it to preserve.

The rest of the property is now being opened up to development — and Grandfather Homes is planning 10 new custom homes there.

While buyers will have flexibility, suggested floor plans range from 2,500 to 4,500 square feet and will start at $800,000.

They’re part of a neighborhood to be known as Cramer’s Pond, which could eventually have up to 37 homes.

Construction is expected to begin next month.

Renderings below via Grandfather Homes.