427 Pee Dee Avenue
427 Pee Dee Avenue
Albemarle, NC 28001
$750,000
- Bedrooms: 5
- Bathrooms: 5
- Lot Size: 0.81 Acres
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 Summary
| Property Type: | Residential | Property Subtype : | Single Family Residence |
| Year Built : | 1901 | Construction Type : | Site Built |
| Lot Size : | 0.81 Acres | Living Area : | 3,283 sqft |
Property Features
- Level
- Wooded
- Other - See Remarks
- Garage
- Attic Other
- Window Treatments
- Fireplace
- Covered Patio
- Deck
- Front Porch
- Rear Porch
- Side Porch
- Wrap Around
Appliances
- Dishwasher
- Electric Cooktop
- Electric Oven
- Refrigerator with Ice Maker
- Self Cleaning Oven
More Information
- Construction : Aluminum, Vinyl, Wood
- Roof : Architectural Shingle
- Parking : Driveway, Attached Garage, Parking Lot, Other - See Remarks
- Heating : Ductless, Electric, Heat Pump
- Cooling : Central Air
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional
Based on information submitted to the MLS GRID as of 10-30-2025 16:25:05 UTC 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.