For Sale $935,000
Extraordinary investment opportunity on just under 4 acres (2 Lots!). Zoned commercial but Grandfathered in as residential. This property offers exceptional flexibility for Investors, Business Owners and Owner Occupants seeking a live / work or mixed use estate . Fully renovated offering a unique opportunity to own a luxury residence with substantial income producing potential. Situated on approximately 4 acres , this nearly 5000 sf property offers residential comfort , commercial zoning and proven rental revenue in one Exceptional offering . Currently configured to support work force / boarding accommodations the property generates $5000 PER MONTH in established rental income with the potential to produce an additional $2500 per month by leasing the owners living quarters bringing total possible income to $ 7500 + per month , 90k annually. The home been completely and professionally remodeled, while preserving its original 1910 hardwood floors, blending historic character with modern luxury. Recent upgrades include new roof, 3 HVAC systems, updated plumbing and electrical all new fixtures and a high end kitchen featuring premium Wolf appliances . Exterior features include a massive wrap around porch gated iron fencing with keypad entry , private driveway, scenic pond with separate power meter and well for supplementation. Expansive open grounds providing privacy and usability. This turnkey property is ideal for corporate housing, contractor lodging, executive rental , small hospitality use or private estate living with passive income.
| List Price: | $935,000 |
| Status: | For Sale |
| Bedrooms: | 7 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 3408 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4360987 |
| Subdivision: | None |
| Style: | Traditional |
| Bathrooms: | 5 |
| Lot Description: | Pond(s) |
| Year Built: | 1910 |
| Sewer Type: | Septic Installed |
| Elementary: | Locust |
| Middle: | West Stanly |
| High: | West Stanly |
| Date | Event | Price | $/SQFT |
| 05-25-2026 | Listed | $935,000 | $275 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Locust Elementary School | 1 miles | KG-05 | 6 |
| Bethel Elementary | 7 miles | KG-05 | 4 |
| Endy Elementary School | 8 miles | KG-05 | 8 |
| New Salem Elementary School | 9 miles | PK-05 | 9 |
| A T Allen Elementary | 9 miles | KG-05 | 4 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1310 Main Street, Locust NC | 0 mi | $935,000 | days | |
| 744 Saddlebred Lane, Locust NC | 0.5 mi | $410,000 | days | |
| 664 Saddlebred Lane, Locust NC | 0.6 mi | $449,900 | days | |
| 509 Main Street, Locust NC | 0.7 mi | $200,000 | days | |
| 121 Vella Drive, Locust NC | 0.7 mi | $799,500 | days | |
| 606 Elm Street, Locust NC | 0.7 mi | $375,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Central Piedmont Properties
1310 Main Street, Locust NC is a 3408 ft2 on a 3.890 acres lot. This is for $935,000. This has 7 bedrooms, 5 baths, and was built in 1910.
Based on information submitted to the MLS GRID as of 2026-05-25 11:20:44 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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