Special to IFN 

M/I Homes of Charlotte has closed on the purchase of 123.5 acres off Rinehardt Road in Mooresville, which will be the site of its newest community.

Cambrey Pointe will feature 201 single-family homes from M/I Homes’ Signature Homes series and 112 townhomes. Development of the site is anticipated to begin in late 2024, with sales opening in first quarter 2026.

The community is just down the road from Selma Berke Middle School. Amenities will include a pool and cabana, playground, and parks.

Single-family homes at Cambrey Pointe will feature two stories with open-concept layouts across the main level. Depending on the plan selected, buyers can choose from four to six bedrooms and up to five bathrooms. Square footage will range from more than 2,300 to nearly 3,900 square feet. All single-family homes will include a two-car garage.

Townhomes will range from 1,963 to 2,336 square feet, with up to four bedrooms and up to 3½ baths, depending on the plan. One plan comes with a three-story option. All plans include garages.

“Mooresville continues to be one of the most sought-after submarkets in the country, and we are extremely excited about this opportunity,” said George Schulmeyer, area president of M/I Homes in Charlotte.

Cambrey Pointe is located at 528 Rinehardt Road, two miles from the intersection of Highway 150 and Interstate 77.