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$550,000 -$25,000 (-4.35%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 0 Pennington Rd
General
- Price: $550,000
- Status: Active
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4263058
- Updated: 1/19/2026
- Added to Site: 242 day(s) ago
Location
- County: Stanly
- Driving Directions: Directions from Badin Lake to Pennington Road, Albemarle NC 1. Start by heading southeast on Badin Lake Road toward NC-740 2. Turn left onto NC-740 South and continue for approximately 5 miles. This scenic route will take you through the town of Badin and along the banks of Badin Lake. 3. In Albemarle, turn left onto NC-24/27 East (also known as East Main Street) and proceed for about 2 miles. 4. Turn right onto Pennington Road (State Road 1401). Continue on Pennington Road to reach your destination. Estimated Travel Time: 15-20 mins depending on traffic and conditions.
School Information
- Elementary School: Millingport
- Middle School: North Stanly
- High School: North Stanly
Utilities
- Sewer: None
- Water: None
- Utility Description: None
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: RA
Financial Considerations
- Terms: Cash, Conventional, USDA Loan
Disclosures and Reports
- Property ID: 6529-02-56-1475
- Lot Number: 347-890
Listed by LPT Realty, LLC
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Price & Sales History for 0 Pennington Rd
Date
Details
Price
Change
Source
1/19/2026
Price Reduced
$550,000
-4.35%
MLS
5/22/2025
Listed
$575,000
2513.64%
MLS
4/26/2004
Sold
$22,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Pennington Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$134
-83%
$21,945
-9%
2024
$802
48%
$24,187
—
2023
$541
3%
$24,187
—
2021
$527
-1%
$24,187
—
2022
$535
2%
$24,187
14%
2021
$527
223%
$21,205
—
2019
$163
1%
$21,205
—
2018
$162
-1%
$21,205
—
2017
$163
22%
$21,205
14%
2016
$134
2%
$18,550
—
2015
$132
-1%
$18,550
—
2014
$134
—
$18,550
—
2013
$134
—
$18,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Pennington Rd
0 Pennington Road, Albemarle, NC 28001 (MLS# 4263058) is a Lots/Land property with a lot size of acres. 0 Pennington Road is currently listed for $550,000 and was received on May 22, 2025. Want to learn more about 0 Pennington Road? Do you have questions about finding other Lots/Land real estate for sale in Albemarle? You can browse all Albemarle real estate or contact a Coldwell Banker agent to request more information.

