
$325,000 $128/sqft
507 N 5th Street
Albemarle, NC 28001
3 bd · 1 ba · 2,536 sqft · 1920 · 3 mo ago
Highland Terrace feels closely tied to downtown Albemarle, with older homes that carry real character and a street-level sense of place.
Community overview based on MLS listing data for Highland Terrace, Albemarle
Highland Terrace feels closely tied to downtown Albemarle, with older homes that carry real character and a street-level sense of place. The neighborhood’s housing mix leans into classic early-20th-century design, and the strongest impression is one of craftsmanship: brick exteriors, deep front porches, hardwood floors, and the kind of details that give a home a memorable presence.
"A downtown setting with vintage homes and everyday convenience woven together."
Most of the homes here are single-family residences built in the 1920s and 1930s, and that age shows up in the best ways. Expect high ceilings, original wood floors, formal living and dining spaces, and flexible rooms that can work as dens, offices, or extra sitting areas. Many homes feature brick exteriors, and basement space appears frequently, along with detached or car-style garage parking on a good share of properties. Lots are modest in size, which keeps the setting compact and connected rather than sprawling.
The overall feel is one of established charm with room for personalization. Some homes have been updated with newer roofs, HVAC systems, kitchens, and landscaping, while others preserve their vintage character more intact. That blend gives Highland Terrace a lived-in, adaptable quality that appeals to buyers who appreciate older homes with personality.
Daily life here is shaped by proximity to downtown Albemarle. Residents can walk to restaurants, breweries, coffee shops, and local boutiques, and the neighborhood’s central setting makes errands and evening outings feel especially easy. The area also supports a slower, porch-oriented rhythm, with front porches, fenced backyards, and outdoor spaces like firepit areas, garden beds, and outbuildings showing up in property remarks.
"Close to downtown, yet still defined by porches, yards, and classic residential character."
Highland Terrace sits in downtown Albemarle, near the city’s main walkable core along N 5th Street and nearby 4th Street. Public remarks point to immediate access to downtown restaurants, breweries, coffee shops, and boutiques, making the location one of the neighborhood’s clearest strengths. The community is centered at approximately 35.356583, -80.19343 in the Piedmont region of central North Carolina.
School assignments were not specified in the listing information, so elementary, middle, and high school names remain unspecified here. For buyers prioritizing location, though, Highland Terrace stands out for its close-in setting and easy connection to Albemarle’s downtown amenities.
Palmetto Park Realty Team · Albemarle
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2 recently sold in Highland Terrace, Albemarle
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
| | Dec 30 2025 | $264,000 | 113 | 1,460 sq ft | 101.5% | $181 |
| | Sep 15 2022 | $25,000 | 38 | — | 100.0% | — |
Closed sales from MLS history for Highland Terrace, Albemarle
Not enough recent sales in Highland Terrace to chart a trend.
The Highland Terrace real estate market shows buyer's market conditions. Homes typically sell within 75 days. With 1 active listing and 1 home sold in the past year, buyers have more negotiating power and time to decide.
Listings taken off the market in the past year in Highland Terrace, Albemarle
Albemarle, NC 28001
3 bd · 1 ba · 2,536 sqft
Albemarle, NC 28001
6 bd · 2 ba · 1,460 sqft
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