Active

$550,000

0 Pennington Rd, Albemarle, NC 28001

--beds

--baths

28.75Acres

Unimproved Land

Built in ----

28.75 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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.

418 days

66

6

Facts & features

Property

Lot

Size: 28.75 Acres

Details

Parcel number: 652902561475
Zoning: RA
Special conditions: Standard

Utilities & green energy

Sewer: None
Water: None
Utilities for property: None

Community & HOA

Location

Region: Albemarle

Financial & listing details

Tax assessed value: $124,726
Date on market: 5/22/2025
Cumulative days on market: 418 days
Listing terms: Cash,Conventional,USDA Loan
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,265/mo

Price history

Date	Event	Price
1/19/2026	Price change	$550,000-4.3%
Source: Canopy MLS as distributed by MLS GRID #4263058 Report a problem
5/23/2025	Listed for sale	$575,000+1816.7%
Source: Canopy MLS as distributed by MLS GRID #4263058 Report a problem
2/27/2025	Sold	$30,000
Source: Canopy MLS as distributed by MLS GRID #4216998 Report a problem
1/27/2025	Listed for sale	$30,000-77.8%
Source: Canopy MLS as distributed by MLS GRID #4216998 Report a problem
12/11/2024	Sold	$135,000-15.6%
Source: Canopy MLS as distributed by MLS GRID #4171350 Report a problem
8/12/2024	Listed for sale	$160,000+11.9%
Source: Canopy MLS as distributed by MLS GRID #4171350 Report a problem
7/26/2019	Sold	$143,000+258.4%
Source: Canopy MLS as distributed by MLS GRID #3370255 Report a problem
11/23/2014	Listing removed	$39,900
Source: Realty Point #3023331 Report a problem
11/12/2014	Listed for sale	$39,900
Source: Realty Point #3023331 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 28001

Getting around

27 / 100

Car-Dependent

40 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Central Elementary School
Grades: K-5Distance: 1.2 mi
3/10
Albemarle Middle School
Grades: 6-8Distance: 2.8 mi
3/10
Albemarle High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Elementary: Millingport
Middle: North Stanly
High: North Stanly

Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.