Albemarle · Albemarle, NC
1051 Pee Dee Avenue
Albemarle, NC · 2,266 sqft
$432,500
Reduced from $445,000
- 3Beds
- 2Baths
- 2,266SqFt
- 1930Year
- 73 x 302Lot
- 166Days on market
About this home
Two Houses, One Price: A charming home paired with a guest cottage in the heart of the Pee Dee Avenue Historic District is a rare real estate offering.
The interior features a gracious sunlight filled living room, a formal dining room perfect for gatherings and a butler’s pantry with custom built banquette seating for quick bites. A dedicated home office makes working from home both comfortable and private. On the main level, an updated hall bathroom showcases tile flooring and a spacious enclosed shower, while the upstairs primary bedroom with en-suite bath feels like a private spa with its tiled shower and elegant slipper tub accented by chrome hardware.
Outdoor living is equally enchanting. Relax on the screened porch or retreat to the backyard oasis, where a tranquil water feature and an outdoor fireplace create the ideal backdrop for evenings under the stars. Adding remarkable flexibility, a guest house / accessory dwelling unit (ADU) sits at the rear of the property—perfect for guests, studio for creative pursuits, or private work space. The guest house includes efficient mini-split heating and cooling, a compact living area, a dedicated kitchen space with sink and lower cabinetry, and a full bathroom with shower. Upstairs, a loft-style sleeping area is perfect for futons or twin beds offering a unique retreat. (note: no closets in the guest house).
With its historic setting, distinctive details, and rare bonus living space, this cottage presents a truly special opportunity to own a piece of Albemarle history on one of its most beloved streets. Even better, there is no HOA or Architectural Board of Review established for the Pee Dee Avenue Historic District.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 2,266
- Lot
- 73 x 302
- Year built
- 1930
- Type
- Single Family
- Days on market
- 166
- Style
- Traditional
- Heating
- Central, Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
- Flooring
- Tile, Wood
Features
- None
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,183/ month
- Principal & interest
- $2,678
- Property tax (~1.05%)
- $378
- Homeowners insurance
- $126
- HOA dues
- —
Down payment
$21,625 down · $410,875 financed
Income to qualify (28% rule)
~$136,422 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.