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Acreage at Albemarle
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10 photos

$550,000

Albemarle, NC 28001
Listed by Ashley Etheredge · EXP Realty LLC Ballantyne
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS #
CAR4263058
Property type
Acreage
Subdivision
N/A
Status
Active
Days on market
374
On market date
May 22, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Central Elementary
1.21 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
508
Student:teacher ratio
15.4:1
District
Stanly County Schools
Middle
Albemarle Middle
2.73 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
407
Student:teacher ratio
16.3:1
District
Stanly County Schools
High
Albemarle High
1.53 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
369
Student:teacher ratio
14.8:1
District
Stanly County Schools

Walkability

Blended score for Albemarle's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

68
Walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable
Google Places amenity density
88 / 100
Restaurants & cafes17
Grocery stores3
Parks10
Schools6
Transit stops1
Pharmacies4

Market position

How this listing compares to current activity in Albemarle, from live MLS data.

On the market 374 days -- 289 more days than Albemarle's current average of 85 days.
For reference, the median list price across 162 active listings in Albemarle right now is $317,428.

Mortgage calculator

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Est. monthly payment
$3,462/mo
$110,000 down
$440,000 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 31, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.