$550,000
0 Pennington Rd, Albemarle, NC 28001
0 bed · 0 bath
0
bedrooms
N/A
baths
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sq.ft.
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price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Discover the perfect blend of rural tranquility and development potential with this expansive 28.75-acre parcel lot. Zoned RA this property offers a multitude of opportunities for residential development, agriculture pursuits or a private estate. Nearby attractions include Morrow Mountain State Park just a short drive away this park offers hiking camping and views of Uwharrie mountains. Downtown Albemarle hosts cultural events, local dining and shopping centers. Baldin lake is also nearby giving the chance to enjoy boating, fishing, and water sports on this nearby recreational lake. Road access, direct frontage on Pennington Road. This property also offers investment potential for developers, farmers, investors or individuals looking to build a custom home or family compound.
LISTING COURTESY OF: EXP REALTY LLC BALLANTYNE
980-221-5647
About the Neighborhood
Homes for sale in 28001 place buyers in Albemarle, the historic county seat of Stanly County, approximately 40 miles east of Charlotte via US-52, a city defined by its authentic small-town character, working industrial heritage, and a residential landscape undergoing steady reinvestment. The architectural stock reflects Albemarle's late 19th and early 20th century growth, with a strong concentration of Victorian-era foursquares, Colonial Revival homes, and Craftsman bungalows in the established downtown residential neighborhoods surrounding the historic Stanly County Courthouse. The revitalizing Downtown Albemarle district along South Second Street anchors the community's commercial identity, with Pee Dee River Adventures and Morrow Mountain State Park, one of North Carolina's premier outdoor destinations, providing exceptional natural recreation within a short drive. Major employers including Albemarle Corporation's local operations and Atrium Health Stanly anchor the local employment base. The 28001 real estate market delivers some of the most accessible price points in the greater Charlotte metro region, with substantial historic homes available at fractions of comparable intown Charlotte properties, making it an increasingly attractive option for buyers seeking character and value.
Property Features
Property Description
- MLS #: 4263058
Association
- HOA Required: No
Utilities
- None
Road
- Road Responsibility: Private Maintained Road
- Road Surface Type: Paved
Sewer
- None
WaterSource
- None
Tax and Financial Info
- Listing Terms: Cash, Conventional, USDA Loan
Location
Schools
Elementary
Millingport
Middle
North Stanly
High School
North Stanly
Similar homes nearby
$550,000
Est. Payment: $2,827/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Albemarle, NC 28001
0
bedrooms
N/A
baths
N/A
sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of EXP Realty LLC Ballantyne
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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