- 4
- beds
- 2
- baths
- 3,246
- sqft
- 1920
- year built
- Status:
- Under Contract-Show
- MLS #:
- 4378370
- Neighborhood:
- None
- County:
- Union
- Listed By:
- Thomas Elrod - Keller Williams Ballantyne Area
- Agent Phone:
- (704) 887-6600
- Agent Email:
- listings@hprea.com
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.
-
- Bedrooms
- 4
-
- Bathrooms
- 2
-
- Year Built
- 1920
-
- Architectural Style
- Bungalow
-
- Construction Materials
- Asbestos
-
- Parking Features
- Driveway
-
- Living Area
- 3246.0
-
- Appliances
- Oven
-
- Flooring
- Tile, Carpet
-
- Patio And Porch
- Awning(s)
-
- Cooling
- Central Air
-
- Heating
- Forced Air, Natural Gas
-
- Basement
- Crawl Space
-
- Lot Features
- Rolling Slope
-
- Utilities
- Natural Gas Available, Electricity Connected
-
- Water
- Well
-
- County
- Union
-
- City
- Monroe
-
- Neighborhood
- None
-
- Zip Code
- 28112
-
- High School
- Monroe
-
- Middle School
- Monroe
-
- Elementary School
- East
-
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Estimated Value
$540,337
Estimated Sales Price Range:
$389,042 - $691,631
Source: Constellation Data Labs
Price History
| 09/15/2026 | Price Changed | $450,000 |
| Source: Canopy MLS #4378370 | ||
| 05/15/2026 | Listed | $549,900 |
| Source: Canopy MLS #4378370 | ||
| 02/23/2025 | Off Market | — |
| Source: Canopy MLS #4225247 | ||
| 09/12/2024 | Off Market | — |
| Source: Canopy MLS #4182918 | ||
| 09/12/2024 | Off Market | — |
| Source: Canopy MLS #4182906 | ||
| 08/25/2024 | Off Market | — |
| Source: Canopy MLS #4176799 | ||
Source: MLS Data
Deed History
| 03/02/2016 | Deed | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 12/19/2018 | Credit Line (Revolving) / HELOC | $30,000 |
| 04/27/2011 | Open End with Future Advance Clause / Open End Mortgage | $55,314 |
| 03/11/1998 | Unknown | $65,000 |
Source: Public records via Constellation Data Labs
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There are currently 300 properties available in Monroe, with 25 under contract to close soon. Properties in the city have an average sale price of $435,698 and typically spend 96 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 1116 Medlin Rd?
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How do I get more information about 1116 Medlin Rd?
Click Ask a Question to talk with our team. You already know it is a 4 bed, 2 bath, listed for $450,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Monroe, and can even get you in to see the property quickly.
How do I get a virtual tour of 1116 Medlin Rd?
Yes! A virtual tour is available for 1116 Medlin Rd. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 1116 Medlin Rd?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1116 Medlin Rd at around $2,561. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 1116 Medlin Rd?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
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Can I negotiate the asking price for 1116 Medlin Rd?
In most cases, yes. Whether 1116 Medlin Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Monroe's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1116 Medlin Rd?
We can handle that for you. Our preferred local agent specializes in residentials in Monroe and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $450,000 with 3,246 sqft of space—that comes out to approximately $139 per square foot.
How long has this property been on the market?
1116 Medlin Rd was listed on May 15, 2026, which means it's been on the market for 179 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1920, making it approximately 106 years old.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: East
- Middle: Monroe
- High: Monroe
Want to see how these schools compare? Check out our Union County School Guide to see ratings, reviews, and more for the schools in the area.
Is 1116 Medlin Rd still available for sale?
This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Canopy MLS. All rights reserved.
Last Updated: November 10, 2026 at 09:20AM | Source: Canopy MLS | MLS#: 4378370
