1116 Medlin RD, Monroe, NC 28112
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1116 Medlin RD, Monroe, NC 28112
1116 Medlin RD, Monroe, NC 28112
1116 Medlin RD, Monroe, NC 28112
1116 Medlin RD, Monroe, NC 28112
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$ 549,900
Est. payment /mo
New

1116 Medlin RD Monroe, NC 28112

4 Beds

2 Baths

3,246 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,246 sqft

Price per Sqft $169

MLS Listing ID 4378370

Style Bungalow

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 3,246

Year Built 1920

Lot Size 5.090 Acres

Acres 5.09

Property Sub-Type Single Family Residence

Property Description

Prime development opportunity in the heart of Monroe! This expansive ±5.10-acre site, comprised of two contiguous parcels, offers a unique high-yield residential pivot. Zoned RLD (Residential Low Density) within the City of Monroe jurisdiction, the property is ideally positioned for a boutique residential cluster subdivision with a potential yield of 10-14 lots. Unlike many rural tracts, this site benefits from superior access to city water and sewer services.

The property features a charming 3,218 sq. ft. home built in 1920, which can be reimagined as a central clubhouse, HOA amenity center, or administrative office to anchor your new development. Alternatively, the site is well-suited for institutional uses such as assisted living, daycare, or private educational facilities via a Special Use Permit (SUP) through the Board of Adjustment.

With two manageable parcels (2.69 and 2.41 acres), investors can explore phased development or immediate resale of one half. Take advantage of this rare find in the Sunset/Franklin neighborhood where large, developable acreage within city limits is a finite resource. Don't miss the chance to bring modern infill density to a location that maintains its distinct neighborhood character.

Location

State NC

County Union

Zoning RLD

Rooms

Primary Bedroom Level Main

Main Level Bedrooms 2

Main Level Primary Bedroom

Main Level Kitchen

Main Level Living Room

Main Level Bedroom(s)

Upper Level Bedroom(s)

Upper Level Bedroom(s)

Main Level Family Room

Main Level Bonus Room

Main Level Bathroom-Full

Main Level Bathroom-Full

Main Level Laundry

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Tile

Fireplaces Type Family Room

Fireplace true

Appliance Oven

Laundry Laundry Room, Main Level

Exterior

Utilities Available Electricity Connected, Natural Gas

Street Surface Dirt,Paved

Porch Awning(s)

Garage false

Building

Lot Description Rolling Slope

Dwelling Type Site Built

Foundation Crawl Space

Sewer Septic Installed

Water Well

Architectural Style Bungalow

Level or Stories One and One Half

Structure Type Asbestos

New Construction false

Schools

Elementary Schools East

Middle Schools Monroe

High Schools Monroe

Others

Senior Community false

Acceptable Financing Cash, Conventional

Horse Property Barn

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://listings.nextdoorphotos.com/1116medlinroad


Listed by Thomas Elrod • Keller Williams Ballantyne Area • listings@hprea.com

Nearby Locations

Shawn Gerald

Shawn Gerald

Broker | License ID: 299619

+1(704) 340-3822

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1116 Medlin RD