1047 Pennington Road, Albemarle, NC 28001

Albemarle
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by: craig tribus
Office: beycome brokerage realty llc.
MLS#:4400336
Source:CH
1047 Pennington Road,Albemarle, NC 28001
$2,000,000
  • 64.18 Acres
  • Lots / Land
  • Pending

Price summary

  • Price:$2,000,000

About this home

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.

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Home facts

  • Subdivision & Development:Pennington Place
  • Listing ID #:4400336
  • Updated:August 23, 2026 at 07:49 AM

Structure and exterior

  • Lot area:64.18 Acres

Schools

  • High school:Albemarle
  • Elementary school:Central

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,000,000
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