$549,900

1116 Medlin Road, Monroe, NC 28112

  • 4 beds |
  • 2 baths |
  • 3,246 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon5.09acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $169/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Data Last Updated:
June 24, 2026 at 9:18PM
Listing Office:
Keller Williams Ballantyne Area : 704-887-6600
MLS ID:
4378370
  • Appliances: Oven
  • Laundry: Laundry RoomMain Level
  • Flooring: CarpetTile
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Fireplace: Family RoomFireplace
  • General: Barn(s)OutbuildingShed(s)
  • Style: Bungalow
  • Other Structures: Awning(s)
  • Parking: Driveway
  • General: Site BuiltCrawl Space
  • Road/Access: DirtPaved
  • Originating MLS: carolina
  • County: Union
  • Zoning: AQ409-197-028 + 09-197-027
  • Utilities: Electricity ConnectedNatural Gas
  • Water: Well
  • Sewer: Septic Installed
  • Source: carolina

This listing courtesy of Keller Williams Ballantyne Area

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby