Date
Details
Price
Change
Source
10/25/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$750,000
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Property Description
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.
Full Property Details
Full Property Details for 427 Pee Dee Ave
General
- Price: $750,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4285888
- Updated: 1/13/2026
- Added to Site: 83 day(s) ago
Interior
- Interior Features: Attic Other
- Fireplace: Yes
- Fireplace(s): Den, Primary Bedroom, Other - See Remarks, Den, Primary Bedroom, Other - See Remarks
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator with Ice Maker, Self Cleaning Oven
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Upper 2 - Full Baths: 1
- Upper - Full Baths: 3
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 3
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Utility Room
Additional Information
- Shared Amenities: Street Lights
Parking
- Garage: Yes
- Garage Description: 588 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Driveway, Attached Garage, Parking Lot, Other - See Remarks
Location
- County: Stanly
- Subdivision: Oakdale
School Information
- Elementary School: Central Albemarle
- Middle School: Albemarle
- High School: Albemarle
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Ductless, Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Connected, Electricity Connected, Natural Gas
Structural Information
- Architectural Style: Victorian
- Construction: Site Built
- Exterior Const.: Aluminum, Vinyl, Wood
- Roof: Architectural Shingle
- Upper: 1,198 Sq. Ft.
- Main/1st Level: 2,085 Sq. Ft.
- Year Built: 1901
Lot Features
- Lot Dimensions: 183' x 200'
- Street/Road Desc.: Concrete, Gravel, Paved
- Lot Features: Level, Wooded, Other - See Remarks
- Fencing (Description): Back Yard
Horse Property
- Horse Facility Desc.: None
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Historical, Manufactured Home Not Allowed, No Representation
- Property ID: 6548-01-45-3199
- Lot Number: 637-380
Listed by Corcoran HM Properties
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Schools
Schools serving 427 Pee Dee Ave
School District:Stanly County Schools
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Albemarle, NC 206 North 3rd Street, Albemarle, NC 28001 | K-5 | 0.2 mi |
Albemarle Middle School 1811 Badin Road, Albemarle, NC 28001 | 6-8 | 1.4 mi |
Albemarle High School 311 Park Ridge Road, Albemarle, NC 28001 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 427 Pee Dee Ave
Tax History
Tax History for 427 Pee Dee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,050
14%
$361,649
24%
2024
$3,554
—
$291,319
—
2023
$3,554
18%
$291,319
18%
2022
$3,014
—
$247,054
—
2021
$3,014
20%
$247,054
29%
2020
$2,507
1%
$191,385
1%
2019
$2,493
3%
$190,286
2%
2018
$2,417
3%
$186,386
—
2017
$2,348
—
$186,386
—
2016
$2,346
1%
$186,182
—
2015
$2,322
-1%
$186,182
—
2014
$2,346
2%
$186,182
—
2013
$2,290
—
$186,182
—
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 427 Pee Dee Ave
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
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427 Pee Dee Avenue, Albemarle, NC 28001 (MLS# 4285888) is a Single Family property with 5 bedrooms and 5 full bathrooms. 427 Pee Dee Avenue is currently listed for $750,000 and was received on October 25, 2025. Want to learn more about 427 Pee Dee Avenue? Do you have questions about finding other Single Family real estate for sale in Albemarle? You can browse all Albemarle real estate or contact a Coldwell Banker agent to request more information.