427 Pee Dee Ave Albemarle, NC 28001
Estimated payment $4,256/month
Highlights
- Fireplace in Primary Bedroom
- Wooded Lot
- Wrap Around Porch
- Deck
- Victorian Architecture
- 2 Car Attached Garage
About This Home
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.
Listing Agent
Corcoran HM Properties Brokerage Email: leeallen@corcoranhmproperties.com License #211466 Listed on: 10/25/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1901
Lot Details
- Lot Dimensions are 183' x 200'
- Back Yard Fenced
- Level Lot
- Wooded Lot
- Property is zoned RO
Parking
- 2 Car Attached Garage
- Driveway
- Parking Lot
Home Design
- Victorian Architecture
- Architectural Shingle Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Window Treatments
- Den with Fireplace
- Crawl Space
- Laundry in Utility Room
Kitchen
- Electric Oven
- Self-Cleaning Oven
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- 5 Full Bathrooms
Outdoor Features
- Deck
- Wrap Around Porch
Additional Homes
- Separate Entry Quarters
Schools
- Central Albemarle Elementary School
- Albemarle Middle School
- Albemarle High School
Utilities
- Central Air
- Heat Pump System
- Cable TV Available
Community Details
- Oakdale Subdivision
Listing and Financial Details
- Assessor Parcel Number 6548-01-45-3199
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $4,050 | $361,649 | $77,697 | $283,952 |
| 2024 | $3,554 | $291,319 | $59,415 | $231,904 |
| 2023 | $3,554 | $291,319 | $59,415 | $231,904 |
| 2022 | $3,014 | $247,054 | $59,415 | $187,639 |
| 2021 | $3,014 | $247,054 | $59,415 | $187,639 |
| 2020 | $2,482 | $191,385 | $27,422 | $163,963 |
| 2019 | $2,493 | $190,286 | $27,422 | $162,864 |
| 2018 | $2,442 | $186,386 | $27,422 | $158,964 |
| 2017 | $2,348 | $186,386 | $27,422 | $158,964 |
| 2016 | $2,346 | $186,182 | $27,422 | $158,760 |
| 2015 | $2,389 | $186,182 | $27,422 | $158,760 |
| 2014 | $2,313 | $186,182 | $27,422 | $158,760 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2025 10/25/25 | For Sale | $750,000 | +219.1% | $194 / Sq Ft | |
| 04/19/2018 04/19/18 | Sold | $235,000 | 0.0% | $71 / Sq Ft | View Prior Sale |
| 11/01/2016 11/01/16 | Off Market | $235,000 | -- | -- | |
| 08/23/2016 08/23/16 | Price Changed | $189,900 | -2.6% | $58 / Sq Ft | |
| 08/04/2016 08/04/16 | Price Changed | $194,900 | -2.5% | $59 / Sq Ft | |
| 06/29/2016 06/29/16 | Price Changed | $199,900 | -9.1% | $61 / Sq Ft | |
| 04/01/2016 04/01/16 | Price Changed | $219,900 | 0.0% | $67 / Sq Ft | |
| 04/01/2016 04/01/16 | For Sale | $219,900 | -6.4% | $67 / Sq Ft | |
| 02/01/2016 02/01/16 | Off Market | $235,000 | -- | -- | |
| 01/09/2016 01/09/16 | For Sale | $249,900 | +6.3% | $76 / Sq Ft | |
| 01/09/2016 01/09/16 | Off Market | $235,000 | -- | -- | |
| 01/01/2016 01/01/16 | For Sale | $249,900 | +6.3% | $76 / Sq Ft | |
| 01/01/2016 01/01/16 | Off Market | $235,000 | -- | -- | |
| 06/05/2015 06/05/15 | For Sale | $249,900 | -- | $76 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | Mabry Clegg | |
| Warranty Deed | $235,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $236,000 | Commercial | |
| Closed | $0 | Purchase Money Mortgage |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4285888
APN: 6548-01-45-3199
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