


1132 Ben Sharpe Rd, Elon, NC, 27244
About This Home
Investor special with upside potential in a highly convenient Elon location. This property has already been taken down to the studs, offering a rare opportunity to start fresh and fully customize the interior layout, finishes, and systems to your exact specifications. This home provides the framework for a complete transformation. The home features a 2-bedroom + bonus room that could be utilized as 3rd bedroom, 1.5-story w/ a fireplace, giving you flexibility to reimagine the space for modern living. Outside, the property features a spacious lot, a 2-bay detached shop equipped with automatic doors, concrete flooring, and a commercial-grade car lift—ideal for automotive work, storage, or a workshop setup that is increasingly hard to find. Located just minutes from Elon University, to Burlington, shopping centers, restaurants, and major highways for easy commuting. The surrounding area continues to see steady growth, making this an attractive option for resale, rental, or long-term hold.
Getting Around
Schools
Construction
Condition
- Year built: 1951
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Stick/Site Built,Residential,Single Family Residence
Interior
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Features
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area above ground: 1,256
Heating & Cooling
- Heating features: Fireplace(s),See Remarks
- Cooling features: Other
Interior Area
- Total structure area: 1,256
- Total interior livable area: 1,256 sqft
Property
Details
- Parcel number: 117071
- Zoning: Residential
- Special condition: Owner Sale
Features
- Levels: One and One Half
- Stories: 1
- Pool features: None
Lot
- Lot size: 0.50 Acres
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
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
- Inland Flooding
- Lightning
- Tornado
- Winter Weather
- Cold Wave
- Hail
- Hurricane
- Heat Wave
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Alamance County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,163 | $13,956 |
| Home Insurance * | $79 | $948 |
| Property Taxes | $104 | $1,248 |
| Electricity | $200 | $2,405 |
| Total | $1,546 | $18,552 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-22 | Listed for sale | $230,000 |
| 2024-06-04 | Listing removed | -- |
| 2023-11-28 | Price change | $250,000 |
| 2023-11-17 | Price change | $275,000 |
| 2023-10-28 | Price change | $280,000 |
| 2023-10-06 | Listed for sale | $285,000 |
| 2023-06-21 | Sold | $50,000 |
| 2020-06-30 | Sold | $17,500 |
