Back 36040 Palestine Road
Off Market

36040 Palestine Road

Albemarle NC 28001

2
1
845 sq. ft.
0.92 ac.
Single-Family
Last sold for $199,999
Lynnette GearingLynnette Gearing, last sold this property on 22 January 2026 after 36 days on market.

Overview

Welcome to this beautifully renovated 2-bedroom, 1-bath home located just outside the city limits of Albemarle, North Carolina, offering space, flexibility, and peaceful surroundings. Situated on a generous 0.918-acre lot, this property combines modern updates with the freedom of country living. Inside, you'll find a bright and inviting interior featuring brand-new flooring, updated light fixtures, and a bonus room ideal for a home office, hobby space, or a guest area. Major upgrades include a new roof, HVAC system, hot water heater, along with updated electrical and plumbing - providing comfort and peace of mind for years to come. Outside, the possibilities continue. A large additional building/workshop offers incredible potential to renovate into extra living space, a studio, or income-producing opportunity. An open tractor shed provides convenient equipment or vehicle storage, perfect for those who need extra room to work or play. With nearly an acre of land and outside the city limits, this property offers privacy, versatility, and room to grow - just minutes from Albemarle conveniences, such as grocery stores, restaurants and entertainment. Seller is also selling an additional 2.39 acres located beside and behind this property MLS#4329641. Seller would entertain an offer combining both this property and the additional 2.39 acres if buyer is interested.

Features

2 bedrooms
1 bathroom
845 sq. ft. floor area
0.92 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Albemarle over the last 12 months, the estimated median property value of 36040 Palestine Road is $179k.

Median value
$179k
Estimated value range
$34k - $914.32k
Median days on market
27
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Albemarle. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 36040 Palestine Road

2026
Sold
$199,999
22 Jan 2026 by Lynnette Gearing, of Lantern Realty & Development

Happy sellers in Albemarle

94%
94% of sellers in Albemarle reported that their sale price either exceeded or met their price expectations.

Albemarle stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Albemarle over the last 12 months.

Local market activity for 2 bedroom single-family properties in Albemarle

In the last 12 months, 66 two-bedroom single-family properties similar to 36040 Palestine Road, have been sold.

This represents a 11% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

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