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805 E Haggard Ave, Elon, NC, 27244

2beds
1baths
0sqft
$275,000
--price/sqft
$1,804/moest. monthly cost
$72,160/yrincome needed

About This Home

Located just minutes from Elon University, 805 E. Haggard Ave presents an opportunity to reimagine nearly an acre of land in one of Alamance County's most active corridors. This .808-acre parcel features an existing residence that could be renovated or cleared to make way for new development. The Lot configuration lends itself well to vertical mixed-use concepts, including retail or office on the ground level w/residential units above, as well as boutique commercial uses such as a coffee shop, salon, or specialty retail. Small multifamily residential options may also be feasible, subject to local zoning and approvals. Surrounded by university activity & housing, established neighborhoods, & growing commercial demand, this property offers exceptional visibility, traffic, & long-term upside. Whether restoring the existing structure or pursuing a modern redevelopment, this site is well-positioned for investors and owners. Zoning & development feasibility to be verified by buyer.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

4/10
Elon ElementaryGrades K-51.0 mi
6/10
Western MiddleGrades 6-84.0 mi
7/10
Western Alamance HighGrades 9-123.3 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Investment

Property

Details

  • Parcel number: 116002
  • Special condition: Owner Sale

Lot

  • Lot size: 0.81 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Tornado
Winter Weather

FEMA Declared Disasters in Alamance County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$95$1,140
Property Taxes $119$1,428
Electricity $200$2,405
Total$1,804$21,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,851/yr
40% on housing$54,120/yr
45% on housing$48,106/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.3%
14.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 27244$160
Alamance County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 27244$166
Alamance County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-05Listed for sale$285,000

For Sale by Agent

AgentKristy Smith
BrokerageHoward Hanna Allen Tate - Burlington

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