$2,000,000
PENDING

1047 Pennington Rd Albemarle, NC 28001

Albemarle Area

Estimated payment $11,009/month

Total Views 382
64.18 Acres
$31,162 Price per Acre
2,795,681 Sq Ft Lot

About This Lot

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.

Listing Agent

Craig Tribus

Beycome Brokerage Realty LLC Brokerage Phone: 804-656-5007 License #352783 Listed on: 07/03/2026

Property Details

Property Type

  • Land

Lot Details

  • 64.18 Acre Lot
  • Possible uses of the property include Development
  • Property is zoned R-10

Schools

  • Central Elementary School
  • Albemarle Middle School
  • Albemarle High School

Community Details

  • No Home Owners Association
  • Pennington Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6538-02-69-1076

Property Details

Property Type

Land

Lot Details

64.18 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: 804-656-5007
  • Special Features: None

Interior Features

  • Possible Use: Development

Exterior Features

  • Pool Private: No
  • Waterfront Features: None

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Albemarle
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6538-02-69-1076
  • Lot Size Acres: 64.18
  • Additional Parcels: No
  • Zoning Specification: R-10

MLS Schools

  • Elementary School: Central
  • High School: Albemarle

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $187 $16,686 $16,686 $0
2024 $197 $16,173 $16,173 $0
2023 $2,079 $170,429 $170,429 $0
2022 $2,126 $174,280 $174,280 $0
2021 $2,126 $174,280 $174,280 $0
2020 $1,876 $144,615 $144,615 $0
2019 $1,894 $144,615 $144,615 $0
2018 $1,263 $144,615 $144,615 $0
2017 $1,822 $144,615 $144,615 $0
2016 $1,729 $137,199 $137,199 $0
2015 $1,746 $137,199 $137,199 $0
2014 $1,824 $137,199 $137,199 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2026 07/15/26 Pending -- -- --
07/03/2026 07/03/26 For Sale $2,000,000 -- --
Source: Canopy MLS

Source: Canopy MLS

MLS Number: 4400336

Canopy MLS
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