REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$ 2,000,000
Est. payment /mo
New
1047 Pennington RD Albemarle, NC 28001
64.18 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
Subdivision Pennington Place
MLS Listing ID 4400336
Lot Size 64.180 Acres
Acres 64.18
Property Sub-Type Lot
Property Description
Prime residential development property, city water, city sewer, city power all confirmed with capacity. Zoning is already correct for approximately 185 building lots, city of Albemarle has confirmed neighborhood will be approved as long as design meets ordinance which is obvious for any development. You do not need to go before city council for approval and a long entitlement process. The planning dept has 14 days to approve preliminary and make comment and then the city has 14 days to approve final. 28 days total involved from city when timed with monthly planning board meeting. There are no flood plains, endangered species, etc and if you want to work with the existing terrain then geo technical is simple. Absorb Charlotte.
Location
State NC
County Stanly
Zoning R-10
Exterior
Waterfront Description None
Street Surface Paved
Building
Sewer Public Sewer
Water City
Schools
Elementary Schools Central
Middle Schools Albemarle
High Schools Albemarle
Others
Senior Community false
Restrictions Manufactured Home Not Allowed
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Craig Tribus • Beycome Brokerage Realty LLC • 804-656-5007
GET MORE INFORMATION
One Page Avenue Suite 109, Asheville, NC, 28801, USA

