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  • 221 W Fairground Ave
    Troy, NC 27371

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    Canopy MLS

    ​Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-11-01 13:18:43. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

    $750,000
    For Sale

    427 Pee Dee Avenue

    Albemarle, NC 28001
    5 beds | 5 baths | #4285888
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    Browse 38 photos
    Type:Purchase
    Structure:House
    Zone:Residential

    Description

    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.

    • Property Details
        • AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator with Ice Maker, Self Cleaning Oven
        • Parking FeaturesDriveway, Attached Garage, Parking Lot, Other - See Remarks
        • Utility FeaturesCable Connected, Electricity Connected, Natural Gas
        • Lot FeaturesLevel, Wooded, Other - See Remarks
        • Lot DescriptionLevel, Wooded, Other - See Remarks
        • Property SubtypeSingle Family Residence
        • RoofArchitectural Shingle
        • Elementary SchoolCentral Albemarle
        • Parcel Number6548-01-45-3199
        • Community FeaturesStreet Lights
        • Sewer InformationPublic Sewer
        • InteriorAttic Other
        • CoolingCentral Air
        • Cooling FeaturesCentral Air
        • FoundationCrawl Space
        • Middle SchoolAlbemarle
        • High SchoolAlbemarle
        • Parking TypeDriveway
        • Property TypePurchase
        • Original List Price$750,000
        • SubdivisionOakdale
        • MLS #4285888
        • MLS #4285888
        • CountyStanly
        • Cost750000
        • Year Built1901
        • Utility SourceCity
        • Bedrooms5
        • Bathrooms5
        • Full Baths5
        • Stories2
        • Parking Spaces2
        • Days on Market (Cumulative)8
        • Fence1

    Location

    Legal

    Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-10-27 14:19:06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

    Last Updated: Today at 2:18 PM. Source: CANOPY

    Provided By
    Listing Agent: Lee Allen (#CAR62098), Email: leeallen@corcoranhmproperties.co
    Listing Office: Corcoran HM Properties (#CAR1316)

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