1116 Medlin Road, Monroe, NC. property listing photo
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$549,900

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1116 Medlin Rd, Monroe, NC 28112

Monroe, NC 28112

4

bedrooms

2

baths

3,246

sq.ft.

$169

price per sf

Property TypeResidential
Year Built1920
Carnarri Cofield

Presented By

Carnarri Cofield

REALTOR®

About This Property

Prime development opportunity in the heart of Monroe! This expansive ±5.10-acre site, comprised of two contiguous parcels, offers a unique high-yield residential pivot. Zoned RLD (Residential Low Density) within the City of Monroe jurisdiction, the property is ideally positioned for a boutique residential cluster subdivision with a potential yield of 10-14 lots. Unlike many rural tracts, this site benefits from superior access to city water and sewer services. The property features a charming 3,218 sq. ft. home built in 1920, which can be reimagined as a central clubhouse, HOA amenity center, or administrative office to anchor your new development. Alternatively, the site is well-suited for institutional uses such as assisted living, daycare, or private educational facilities via a Special Use Permit (SUP) through the Board of Adjustment. With two manageable parcels (2.69 and 2.41 acres), investors can explore phased development or immediate resale of one half. Take advantage of this rare find in the Sunset/Franklin neighborhood where large, developable acreage within city limits is a finite resource. Don’t miss the chance to bring modern infill density to a location that maintains its distinct neighborhood character.

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About the Neighborhood

Looking for the perfect Residential in Monroe? The 28112 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.

Property Features

Property Description

  • Beds Total: 4
  • Full Baths: 2
  • Half Baths: 0
  • Year Built: 1920
  • Living Area: 3,246 sqft
  • New Construction: No
  • MLS #: 4378370

Additional Home Features

  • Subdivision: None
  • Neighborhood: None

Association

  • HOA Required: No

Utilities

  • Electricity Connected
  • Natural Gas

Interior Features

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Laundry Room
  • Main Level

Appliances

  • Oven

Construction Materials

  • Asbestos
  • Foundation: Crawl Space

Cooling

  • Central Air

Foundation Details

  • Crawl Space

Heating

  • Forced Air
  • Natural Gas

Laundry Features

  • Laundry Room
  • Main Level

Levels

  • One and One Half

Parking Features

  • Driveway

Exterior Features

  • Patio/Porch: Awning(s)

Other Structures

  • Barn(s)
  • Outbuilding
  • Shed(s)

Road

  • Road Responsibility: Publicly Maintained Road
  • Road Surface Type: Dirt, Paved

Sewer

  • Septic Installed

WaterSource

  • Well

Architectural Style

  • Bungalow

Flooring

  • Carpet
  • Tile

Fireplace

  • Fireplace: Yes
  • Family Room

Tax and Financial Info

  • Listing Terms: Cash, Conventional

Location

LISTING COURTESY OF: KELLER WILLIAMS BALLANTYNE AREA

listings@hprea.com

MLS GRID

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. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Ballantyne Area

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.

Carnarri Cofield

$549,900

1116 Medlin Road

4 bed, 2 bath