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$549,900 Just Listed
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Property Description
Prime development opportunity in the heart of Monroe! This expansive ±5.10-acre site, comprised of two contiguous parcels, offers a unique high-yield residential pivot. Zoned RLD (Residential Low Density) within the City of Monroe jurisdiction, the property is ideally positioned for a boutique residential cluster subdivision with a potential yield of 10-14 lots. Unlike many rural tracts, this site benefits from superior access to city water and sewer services. The property features a charming 3,218 sq. ft. home built in 1920, which can be reimagined as a central clubhouse, HOA amenity center, or administrative office to anchor your new development. Alternatively, the site is well-suited for institutional uses such as assisted living, daycare, or private educational facilities via a Special Use Permit (SUP) through the Board of Adjustment. With two manageable parcels (2.69 and 2.41 acres), investors can explore phased development or immediate resale of one half. Take advantage of this rare find in the Sunset/Franklin neighborhood where large, developable acreage within city limits is a finite resource. Don't miss the chance to bring modern infill density to a location that maintains its distinct neighborhood character.
Full Property Details
Full Property Details for 1116 Medlin Rd
General
- Price: $549,900
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4378370
- Updated: 5/15/2026
- Added to Site: 5 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Family Room, Family Room
- Appliances: Oven
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Laundry Room, Main Level
Parking
- Parking Features: Driveway
Location
- County: Union
School Information
- Elementary School: East
- Middle School: Monroe
- High School: Monroe
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Electricity Connected, Natural Gas
Structural Information
- Architectural Style: Bungalow
- Construction: Site Built
- Exterior Const.: Asbestos
- Upper: 457 Sq. Ft.
- Main/1st Level: 2,789 Sq. Ft.
- Year Built: 1920
Lot Features
- Street/Road Desc.: Dirt, Paved
- Lot Features: Rolling Slope
- Rcmdd Zoning: AQ4
Horse Property
- Horse Facility Desc.: Barn
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 09-197-028
- Lot Number: 298-449
Listed by Keller Williams Ballantyne Area
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Schools
Schools serving 1116 Medlin Rd
School District:Union County Public Schools
| Name | Grades | Distance |
|---|---|---|
East Elementary, Monroe, NC 515 Elizabeth Avenue, Monroe, NC 28112 | K-5 | 0.7 mi |
Monroe Middle School 601 East Sunset Drive, Monroe, NC 28112 | 6-8 | 0.8 mi |
Monroe High School 1 High School Drive, Monroe, NC 28112 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1116 Medlin Rd
Date
Details
Price
Change
Source
5/15/2026
Listed
$549,900
—
MLS
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 1116 Medlin Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,091
17%
$437,300
56%
2024
$1,787
3%
$279,800
—
2023
$1,743
-2%
$279,800
—
2021
$1,773
2%
$279,800
—
2022
$1,743
-2%
$279,800
51%
2021
$1,773
22%
$184,730
—
2019
$1,450
—
$184,700
—
2018
$1,450
-6%
$184,700
—
2017
$1,543
2%
$184,700
—
2016
$1,516
6%
$184,700
—
2015
$1,434
-16%
$184,700
-11%
2014
$1,708
-35%
$207,030
-46%
2013
$2,638
—
$384,470
—
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 1116 Medlin Rd
1116 Medlin Road, Monroe, NC 28112 (MLS# 4378370) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1116 Medlin Road is currently listed for $549,900 and was received on May 15, 2026. Want to learn more about 1116 Medlin Road? Do you have questions about finding other Single Family real estate for sale in Monroe? You can browse all Monroe real estate or contact a Coldwell Banker agent to request more information.

