For Sale $334,998
Charming all-brick 1964 home in one of Albemarle's most highly sought-after Forest Hills neighborhood, this well-maintained home marries timeless character with practical flexibility. The original finishes have been lovingly preserved. There is plenty of built-in storage and large, bright windows. The spacious principal rooms are arranged for comfortable everyday living and effortless entertaining. A unique partial basement, formerly outfitted as a dental lab, offers plumbing and utility infrastructure and could be transformed into a private apartment, in-law or multi-generational suite, small shop, or a commercial office with separate entry from the outside—an exceptional opportunity for income generation or live/work convenience. The property also offers ample parking and a private yard, and is conveniently located near the hospital, schools (Pfeiffer University & Stanly Community College, library, governmental offices, shopping, and restaurants. Conveniently located 45-60 minutes to Charlotte, Concord, and Pinehurst. Experience the quality of solid construction and imagine the possibilities—schedule a tour today.
| List Price: | $334,998 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1892 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4342578 |
| Subdivision: | Forest Hills |
| Bathrooms: | 2 |
| Year Built: | 1964 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 03-26-2026 | Listed | $334,998 | $178 |
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 | 5 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.
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 |
| 701 Oakwood Avenue, Albemarle NC | 0 mi | $334,998 | days | |
| 729 Montgomery Avenue, Albemarle NC | 0.1 mi | $379,900 | days | |
| 436 Oakwood Avenue, Albemarle NC | 0.1 mi | $196,800 | days | |
| 507 5th Street, Albemarle NC | 0.2 mi | $359,000 | days | |
| 620 9th Street, Albemarle NC | 0.3 mi | $599,000 | days | |
| 1035 Pee Dee Avenue, Albemarle NC | 0.3 mi | $750,000 | 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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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 EXP Realty LLC Ballantyne
701 Oakwood Avenue, Albemarle NC is a 1892 ft2 on a 0.330 acres Appraisal lot. This is for $334,998. This has 3 bedrooms, 2 baths, and was built in 1964.
Based on information submitted to the MLS GRID as of 2026-03-26 11:00:54 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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