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1116 Medlin Road Monroe, NC 28112

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Bed: 4
Bath: 2
1/2 Bath: 0
Sq. Ft.: 3,246
Acreage: 5.09

$450,000

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Community: Monroe in Union County

4 bed
2 bath
0 1/2 bath
3,246 Sq. Ft.
5.09 acres

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.

Presented by:
Thomas Elrod at Keller Williams Ballantyne Area
Listed by:
Keller Williams Ballantyne Area

Attribution: [email protected]
Original Listing Price: 549,900
MLS #: ‍4378370
Listing Status: Under Contract
Days on Market: 151
Buying Firm Commission: Test

Based on information submitted to the MLS GRID as of 2026-10-14 at 7:45AM. 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.

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Property Features

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Water: Well
Year Built: 1920
Subdivision: None
Style: Bungalow
Garage/Carport: Driveway
Basement/Foundation: Crawl Space
Floors: Carpet,Tile
Cooling: Central Air
Lot Description: Rolling Slope
Sewer: Septic Installed
Heating/Cooling: Forced Air,Natural Gas

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Schools

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  • High School: Monroe
  • Middle School: Monroe
  • Elementary School: East
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