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.
Active
$750,000
427 Pee Dee Ave, Albemarle, NC 28001
5beds
3,871sqft
Est.:
Single Family Residence
Built in 1901
0.81 Acres Lot
$711,400 Zestimate®
$194/sqft
$-- HOA
What's special
Landscaped lotSweeping wraparound porchGourmet kitchenElegant queen anne victorianOff-street parkingKing bedsInviting common areas
- 54 days |
- 280 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 07:19am
Listing Provided by:
Lee Allen leeallen@corcoranhmproperties.com,
Corcoran HM Properties
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4285888
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Primary bedroom
- Level: Upper
Primary bedroom
- Level: Upper
Primary bedroom
- Level: Upper
Bathroom full
- Level: Main
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Other
- Level: 2nd Living Quarters
Other
- Level: 2nd Living Quarters
Other
- Level: 2nd Living Quarters
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Other
- Level: Main
Heating
- Ductless, Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator with Ice Maker, Self Cleaning Oven
- Laundry: Utility Room
Features
- Attic Other, Total Primary Heated Living Area: 3283
- Windows: Window Treatments
- Has basement: No
- Attic: Other
- Fireplace features: Den, Primary Bedroom, Other - See Remarks
Interior area
- Total structure area: 3,283
- Total interior livable area: 3,871 sqft
- Finished area above ground: 3,283
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Parking Lot, Other - See Remarks, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Front Porch, Rear Porch, Side Porch, Wrap Around
- Fencing: Back Yard
- Waterfront features: None
Lot
- Size: 0.81 Acres
- Dimensions: 183' x 200'
- Features: Level, Wooded, Other - See Remarks
Details
- Parcel number: 654801453199
- Zoning: RO
- Special conditions: Standard
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Aluminum, Vinyl, Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: Street Lights
- Subdivision: Oakdale
Location
- Region: Albemarle
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $361,649
- Annual tax amount: $3,554
- Date on market: 10/25/2025
- Cumulative days on market: 54 days
- Listing terms: Cash,Conventional
- Exclusions: Owners Site exclusion on furnishings
- Electric utility on property: Yes
- Road surface type: Concrete, Gravel, Paved
Estimated market value
$711,400
$676,000 - $747,000
$2,805/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2025 | Listed for sale | $750,000+219.1%$194/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4285888 Report a problem | ||
| 4/19/2018 | Sold | $235,000-2%$61/sqft |
Source: Canopy MLS as distributed by MLS GRID #3091480 Report a problem | ||
| 3/10/2018 | Pending sale | $239,900$62/sqft |
Source: RE/MAX TOWN AND COUNTRY #3091480 Report a problem | ||
| 3/10/2018 | Listed for sale | $239,900+23.3%$62/sqft |
Source: RE/MAX TOWN AND COUNTRY #3091480 Report a problem | ||
| 11/21/2017 | Listing removed | $194,500$50/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,554 | $291,319 |
| 2023 | $3,554 +17.9% | $291,319 +17.9% |
| 2022 | $3,014 | $247,054 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,177/mo
Principal & interest
$3570
Property taxes
$344
Home insurance
$263
Climate risks
Neighborhood: 28001
Nearby schools
GreatSchools rating
- 6/10Central Elementary SchoolGrades: K-5Distance: 0.2 mi
- 2/10Albemarle Middle SchoolGrades: 6-8Distance: 1.4 mi
- 2/10Albemarle High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Central Albemarle
- Middle: Albemarle
- High: Albemarle
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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