427 Pee Dee Avenue, Albemarle NC
- 5 Bed
- 5 Bath
- 2085 ft2
- 0.8 ac
For Sale $750,000
Remarks:
The 1891 Inn is Albemarle’s only bed-and-breakfast—an elegant Queen Anne Victorian listed on the National Register of Historic Places. Built in 1891 and meticulously restored, this 3,300± sq ft home combines historic charm with modern comfort. Guests enter through a sweeping wraparound porch into inviting common areas including a parlor, den, and dining room. Four well-appointed guest suites—Tillery, Badin, Maralise, and Uwharrie—feature king beds, fireplaces, and private baths with updated finishes. The gourmet kitchen and owner’s quarters provide comfortable live-work flexibility. Located in Albemarle’s downtown Historic District, the property is within walking distance of restaurants, breweries, and local shops. Morrow Mountain State Park, nearby wineries, Pfeiffer University, and Lake Tillery draw visitors year-round, making the Inn a gateway to Stanly County’s growing tourism economy. The beautiful property sits on a landscaped lot with off-street parking, mature trees, and space for outdoor entertaining or small events. The inn’s reputation for chef-prepared farm-fresh breakfasts and personal hospitality has attracted repeat guests and strong online reviews since opening in 2019. Its turn-key operations, modern systems, and transferable branding make it an exceptional lifestyle or investment opportunity. Whether you envision continuing its legacy as a boutique bed-and-breakfast, hosting small weddings or retreats, 427 Pee Dee Avenue delivers a rare blend of history, income potential, and small-town charm—an inviting retreat in the heart of North Carolina. The 1891 Inn blends historic charm with modern comfort and holds a singular position as Albemarle’s only operating bed-and-breakfast. Priced at $750,000, this property offers compelling value per guest suite in a region experiencing steady tourism growth. With professional marketing, strong media presentation, and targeted outreach, the 1891 Inn is poised to attract lifestyle buyers, hospitality operators, and investors seeking a distinctive, income-producing property with heritage appeal.
Interior Features:
Attic Other
General Information:
| List Price: | $750,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2085 sqft |
| Parking: | Driveway, Attached Garage, Parking Lot, Other - See Remarks |
| MLS Number: | CAR4285888 |
| Subdivision: | Oakdale |
| Style: | Victorian |
| Bathrooms: | 5 |
| Lot Description: | Level, Wooded, Other - See Remarks |
| Year Built: | 1901 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Central Albemarle |
| Middle: | Albemarle |
| High: | Albemarle |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-05-2025 | Listed | $750,000 | $360 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Central Elementary School | 0 miles | KG-05 | 2 |
| East Albemarle Elementary School | 1 miles | KG-05 | 4 |
| Badin Elementary School | 6 miles | KG-05 | 6 |
| Endy Elementary School | 6 miles | KG-05 | 8 |
| Richfield Elementary School | 9 miles | KG-05 | 5 |
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 |
| 427 Pee Dee Avenue, Albemarle NC | 0 mi | $750,000 | days | |
| 501 Pee Dee Avenue, Albemarle NC | 0 mi | $359,900 | days | |
| 521 Pee Dee Avenue, Albemarle NC | 0.1 mi | $275,000 | days | |
| 114 5th Street, Albemarle NC | 0.2 mi | $160,000 | days | |
| 612 Brown Avenue, Albemarle NC | 0.2 mi | $259,000 | days | |
| 318 5th Street, Albemarle NC | 0.2 mi | $225,000 | 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
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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 |
Demographic Data For Zip 28001
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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.
Property Listing Information
A Courtesy Listing Provided By Corcoran HM Properties
427 Pee Dee Avenue, Albemarle NC is a 2085 ft2 on a 0.810 acres lot. This is for $750,000. This has 5 bedrooms, 5 baths, and was built in 1901.
Based on information submitted to the MLS GRID as of 2025-11-05 12:16:46 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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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.
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