For Sale $367,000
Rare Acreage & Exceptional Potential in New London/Albemarle area! Tucked away on a beautifully secluded 6.94-acre lot with NO CITY TAXES—County taxes only! This 1977 contemporary 3-bed, 2.5-bath estate is the ultimate canvas for investors or design-savvy buyers looking to build immediate equity. The structural heavy lifting is already done: Roof (2024), HVAC (2020), plus a new water heater and well pump. Inside, the dramatic two-story living room is anchored by a towering floor-to-ceiling real stone fireplace, offering an architectural layout that is impossible to replicate today. Features 2,362 sq ft of living space plus a massive 1,298 sq ft walk-out daylight lower level ready for your vision. Enjoy a private country setting just minutes from downtown Albemarle, Hwy 52, and 24/27 for an easy Charlotte commute. Priced aggressively near tax value for an immediate sale—bring your vision and claim this rare property before it's gone!
Built-in Features, Entrance Foyer, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s), Walk-In Pantry
| List Price: | $367,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1850 sqft |
| Parking: | Driveway, Attached Garage, Garage Faces Side, Parking Lot, Parking Space(s) |
| MLS Number: | CAR4435359 |
| Subdivision: | None |
| Style: | Contemporary |
| Bathrooms: | 3 |
| Lot Description: | Paved, Private, Wooded |
| Year Built: | 1977 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 10-17-2026 | Listed | $367,000 | $199 |
| 01-28-2026 | Listed | $474,435 | $257 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Central Elementary School | 4 miles | KG-05 | 2 |
| Richfield Elementary School | 4 miles | KG-05 | 5 |
| East Albemarle Elementary School | 6 miles | KG-05 | 4 |
| Endy Elementary School | 7 miles | KG-05 | 8 |
| Badin Elementary School | 7 miles | KG-05 | 6 |
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 |
| 36934 Tercher Road, New London NC | 0 mi | $367,000 | days | |
| 32049 Kendalls Church Road, New London NC | 0.8 mi | $600,000 | 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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| Total Monthly Payment | $20,941 |
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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 Century 21 Russ Hollins, Realtors
36934 Tercher Road, New London NC is a 1850 ft2 on a 6.490 acres lot. This is for $367,000. This has 3 bedrooms, 3 baths, and was built in 1977.
Based on information submitted to the MLS GRID as of 2026-10-17 00:20:11 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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