1116 Medlin Road, Monroe, NC 28112

Monroe
Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by: thomas elrod, alvaro aguilar
Office: keller williams ballantyne area
MLS#:4378512
Source:CH
1116 Medlin Road,Monroe, NC 28112
$450,000
Virtual Tour
  • 5.09 Acres
  • Lots / Land
  • Pending

Price summary

  • Price:$450,000

About this home

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...

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Home facts

  • Subdivision & Development:None
  • Listing ID #:4378512
  • Updated:November 12, 2026 at 12:04 PM

Structure and exterior

  • Lot area:5.09 Acres

Schools

  • High school:Monroe
  • Elementary school:East

Utilities

  • Water:Well
  • Sewer:Septic (At Site)

Finances and disclosures

  • Price:$450,000
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