Discover the perfect blend of rural tranquility and development potential with this expansive 28.75-acre parcel lot. Zoned RA this property offers a multitude of opportunities for residential development, agriculture pursuits or a private estate. Nearby attractions include Morrow Mountain State Park just a short drive away this park offers hiking camping and views of Uwharrie mountains. Downtown Albemarle hosts cultural events, local dining and shopping centers. Baldin lake is also nearby giving the chance to enjoy boating, fishing, and water sports on this nearby recreational lake. Road access, direct frontage on Pennington Road. This property also offers investment potential for developers, farmers, investors or individuals looking to build a custom home or family compound.
Vacant landProperty Type
28.75 acresLot Size
$19,130Price/Acres
Listed by Ashley Etheredge• EXP Realty LLC Ballantyne
Directions: From Badin Lake to Pennington Road in Albemarle — follow Badin Lake Road to NC-740 South, then NC-24/27 East and right on Pennington Road (approx. 15–20 minutes)
Electricity and solar
View estimated energy costs and solar savings for this home
The regulations of this district are intended to encourage the continuance of agricultural uses as well as to insure that residential development not having access to public water supplies and dependent upon septic tanks for sewage disposal will occur at a sufficiently lower density to provide a healthful environment.
Permitted uses
Include but are not limited to:
Assembly / meeting place
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Mixed use
Public service
Recreation
Cemetery
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Albemarle, NC • 28001
Average low and high temperatures (°F)
49
27
56
35
71
43
77
52
79
58
89
67
91
72
85
67
82
62
73
50
66
42
54
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Pennington Rd
$491,898
$58K under list price of $550K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $264K to $479K.