One of the oldest neighborhoods in Charlotte, and the only original one named after a woman, is Elizabeth. Technically, it was named after a college that was named after her. Anne Elizabeth Watts was a tobacco businessman’s wife. Her son-in-law founded a college in her name in 1897. The neighborhood that grew up around the college boomed after 1902 when the trolley line was extended. In 1907, Elizabeth was annexed by Charlotte. Many homes in Elizabeth are part of the National Register of Historic Places. Much of the area remains today how it used to be. The trees are more mature and the homes are stately as ever.
The college moved to Salem, VA in 1915. The complex around Presbyterian Hospital sits where Elizabeth College once did. Elizabeth has become home to Mercy Hospital and many doctor’s offices mainly around Randolph Road.
With all of this history, Elizabeth remains one of the most desirable places in the city. Location plays a role as Elizabeth is just Southeast of the I-277 loop. Commute time is almost nothing, and there are many choices for food, entertainment, shopping, and nightlife, many within walking distance.
Elizabeth is home to Independence Park, the first public park in the city of Charlotte. Homes on main thoroughfares have been converted into shops and businesses. There are some newer condo projects so there are options other than single-family homes.
Many of the homes in Elizabeth are quaint bungalows, but there are also brick mansions that grace the tree lined streets. Generous front porches are a hallmark.
In the past year, homes in Elizabeth have sold between $293,500 and $1,050,000 with an average sale price of $591,922. Currently there are 9 homes on the market in Elizabeth ranging from $360,000 to $2,145,000 with an average list price of $711,867.