Single Family Residence at Albemarle
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48 photos

$339,000

Albemarle, NC 28001
Listed by Caitlin Burgess · Magnolia Dream Real Estate
Bedrooms
3
Bathrooms
1
Living area
2,536 sqft
Year built
1920

About this home

Welcome to this charming brick home in downtown Albemarle, NC, located at 507 N 5th St! This 3 bedroom, 1.5 bath home offers a perfect blend of character, space, and convenience in a highly desirable location close to shops, dining, and local amenities. Inside, you’ll find a spacious layout featuring a second living room/den, ideal for entertaining, a home office, or flex space. The home also includes a butler’s pantry, providing extra storage and prep space—perfect for hosting and everyday living. The primary bedroom features a private sitting area, creating a relaxing retreat within your own home. Two additional bedrooms offer flexibility for family, guests, or workspace needs. Step outside to enjoy the detached garage, offering additional storage, workshop potential, or parking. With its classic brick exterior, functional layout, and prime downtown Albemarle location, this home is a must-see for buyers looking for charm and convenience.

Highlights

Fireplace

Property details

MLS #
CAR4370857
Property type
Single Family Residence
Subdivision
Highland Terrace
Status
Active
Days on market
40
On market date
April 17, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
2
Parking spaces
N/A
Lot size
N/A
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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
0.19 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
1.43 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 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).

65
Walkable
out of 100
EPA National Walkability Index
10.5 / 20 -- Below average walkable
Google Places amenity density
83 / 100
Restaurants & cafes20
Grocery stores2
Parks9
Schools8
Transit stops1
Pharmacies5

Market position

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

On the market 40 days -- 45 fewer 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

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,191/mo
$67,800 down
$271,200 loan
Principal & interest$1,759
Property tax (est.)$283
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 27, 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.