$750,000
Est. Payment: $3,855/mo
Adjust down payment, rate & terms
427 Pee Dee, Albemarle, NC 28001
Albemarle, NC 28001
5
bedrooms
5
baths
3,283
sq.ft.
$228
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
The 1891 Inn is Albemarle’s only bed-and-breakfast—an elegant Queen Anne Victorian listed on the National Register of Historic Places. Built in 1891 and meticulously restored, this 3,300± sq ft home combines historic charm with modern comfort. Guests enter through a sweeping wraparound porch into inviting common areas including a parlor, den, and dining room. Four well-appointed guest suites—Tillery, Badin, Maralise, and Uwharrie—feature king beds, fireplaces, and private baths with updated finishes. The gourmet kitchen and owner’s quarters provide comfortable live-work flexibility. Located in Albemarle’s downtown Historic District, the property is within walking distance of restaurants, breweries, and local shops. Morrow Mountain State Park, nearby wineries, Pfeiffer University, and Lake Tillery draw visitors year-round, making the Inn a gateway to Stanly County’s growing tourism economy. The beautiful property sits on a landscaped lot with off-street parking, mature trees, and space for outdoor entertaining or small events. The inn’s reputation for chef-prepared farm-fresh breakfasts and personal hospitality has attracted repeat guests and strong online reviews since opening in 2019. Its turn-key operations, modern systems, and transferable branding make it an exceptional lifestyle or investment opportunity. Whether you envision continuing its legacy as a boutique bed-and-breakfast, hosting small weddings or retreats, 427 Pee Dee Avenue delivers a rare blend of history, income potential, and small-town charm—an inviting retreat in the heart of North Carolina. The 1891 Inn blends historic charm with modern comfort and holds a singular position as Albemarle’s only operating bed-and-breakfast. Priced at $750,000, this property offers compelling value per guest suite in a region experiencing steady tourism growth. With professional marketing, strong media presentation, and targeted outreach, the 1891 Inn is poised to attract lifestyle buyers, hospitality operators, and investors seeking a distinctive, income-producing property with heritage appeal.
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
- Beds Total: 5
- Full Baths: 5
- Half Baths: 0
- Year Built: 1901
- Living Area: 3,283 sqft
- New Construction: No
- MLS #: 4285888
Additional Home Features
- Subdivision: Oakdale
Utilities
- Cable Connected
- Electricity Connected
- Natural Gas
Interior Features
- Attic Other
- Heating: Ductless, Electric, Heat Pump
- Cooling: Central Air
- Utility Room
Appliances
- Dishwasher
- Electric Cooktop
- Electric Oven
- Refrigerator with Ice Maker
- Self Cleaning Oven
Construction Materials
- Aluminum
- Vinyl
- Wood
- Foundation: Crawl Space
- Roof: Architectural Shingle
Cooling
- Central Air
Foundation Details
- Crawl Space
Heating
- Ductless
- Electric
- Heat Pump
Laundry Features
- Utility Room
Levels
- Two
Parking Features
- Driveway
- Attached Garage
- Parking Lot
- Other - See Remarks
- Garage Spaces: 2
Exterior Features
- Fencing: Back Yard
- Patio/Porch: Covered, Deck, Front Porch, Rear Porch, Side Porch, Wrap Around
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Concrete, Gravel, Paved
Sewer
- Public Sewer
WaterSource
- City
Community Features
- Street Lights
Architectural Style
- Victorian
Window Features
- Window Treatments
Fireplace
- Fireplace: Yes
- Den
- Primary Bedroom
- Other - See Remarks
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
Schools
Elementary
Central Albemarle
Middle
Albemarle
High School
Albemarle
LISTING COURTESY OF: CORCORAN HM PROPERTIES
lee@cleeallen.com
$750,000
Est. Payment: $3,855/mo
Adjust down payment, rate & terms
Albemarle, NC 28001
5
bedrooms
5
baths
3,283
sq.ft.
$228
price per sf
Presented By
Carnarri Cofield
REALTOR®
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 Corcoran HM Properties
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.
$750,000
427 Pee Dee
5 bed, 5 bath