For Sale

Listed by Lee Allen

Source: Carolina Multiple Listing Services, Inc. #4285888

427 Pee Dee Ave, Albemarle, NC, 28001

$750,000

5
5
2
3871 sq. ft.
0.81 ac.

SingleFam

30+ days on the market

What's around 427 Pee Dee Ave

About this property

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.

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