36040 Palestine Road, Albemarle NC
- 2 Bed
- 1 Bath
- 845 ft2
- 0.9 ac
For Sale $199,999
Remarks:
Welcome to this beautifully renovated 2-bedroom, 1-bath home located just outside the city limits of Albemarle, North Carolina, offering space, flexibility, and peaceful surroundings. Situated on a generous 0.918-acre lot, this property combines modern updates with the freedom of country living. Inside, you'll find a bright and inviting interior featuring brand-new flooring, updated light fixtures, and a bonus room ideal for a home office, hobby space, or a guest area. Major upgrades include a new roof, HVAC system, hot water heater, along with updated electrical and plumbing - providing comfort and peace of mind for years to come. Outside, the possibilities continue. A large additional building/workshop offers incredible potential to renovate into extra living space, a studio, or income-producing opportunity. An open tractor shed provides convenient equipment or vehicle storage, perfect for those who need extra room to work or play. With nearly an acre of land and outside the city limits, this property offers privacy, versatility, and room to grow - just minutes from Albemarle conveniences, such as grocery stores, restaurants and entertainment. Seller is also selling an additional 2.39 acres located beside and behind this property MLS#4329641. Seller would entertain an offer combining both this property and the additional 2.39 acres if buyer is interested.
Exterior Features:
Other - See Remarks
General Information:
| List Price: | $199,999 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 845 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4329656 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Wooded |
| Year Built: | 1945 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 12-24-2025 | Under Contract | $199,999 | $237 |
| 12-21-2025 | Listed | $199,999 | $237 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| East Albemarle Elementary School | 3 miles | KG-05 | 4 |
| Central Elementary School | 3 miles | KG-05 | 2 |
| Badin Elementary School | 3 miles | KG-05 | 6 |
| Richfield Elementary School | 7 miles | KG-05 | 5 |
| Endy Elementary School | 8 miles | KG-05 | 8 |
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.
Properties For Sale Nearby
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 |
| 36040 Palestine Road, Albemarle NC | 0 mi | $199,999 | days | |
| 36048 Palestine Road, Albemarle NC | 0 mi | $299,999 | days | |
| 38899 Dalton Lane, Albemarle NC | 0.6 mi | $350,000 | days | |
| 1202 Louise Lane, Albemarle NC | 0.6 mi | $499,900 | days | |
| 522 Connector Highway, Albemarle NC | 0.9 mi | $250,000 | days | |
| 1811 Continental Drive, Albemarle NC | 0.9 mi | $460,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
Powered by Google Maps
Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28001
|
Occupancy Types |
|
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.
Property Listing Information
A Courtesy Listing Provided By Lantern Realty & Development, LLC
36040 Palestine Road, Albemarle NC is a 845 ft2 on a 0.918 acres lot. This is for $199,999. This has 2 bedrooms, 1 baths, and was built in 1945.
Based on information submitted to the MLS GRID as of 2025-12-21 10:45:13 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.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
