507 E 2nd St
Clayton, NC 27520
7 Beds
7.5 Baths
6,510 sqft (on 0.92 acres)
7 Beds
7.5 Baths
6,510 sqft
(on 0.92 acres)
Local Information
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Description
Back on the market due to Town of Clayton's denial of the buyer's proposed use. Guest kitchen floor has been updated. The sellers will be addressing most of the issues identified in the inspection report. Nestled in the downtown of Clayton, McWade's Inn presents a compelling investment opportunity. Whether you seek a home for yourself with the added benefit of managing an investment property, this is an opportunity not to be missed. Don't let this chance slip away - schedule a viewing today! Discover the following property features: - Six Spacious Guest Rooms: Each guest room exudes luxury and comfort, providing a serene retreat for visitors. Ensuite bathrooms and individual climate-controlled units upstairs ensure a restful night's sleep in any season. - Full Kitchen for Guests: Our fully equipped kitchen allows guests to prepare their own meals or snacks at their leisure, fostering culinary creativity and independence. - Parlor Room: A cozy gathering space where guests can relax and socialize. - Game Room: Offers a variety of options for amusement, from board games to card tables, catering to diverse tastes and preferences. - Dining Room: Sets the stage for memorable dining experiences. - Owner's Suite: Enjoy a private, comfortable living space, including a kitchen, living room, spacious bathroom, and cozy bedroom. It has its own entryway. Located in a thriving community, McWade's Inn benefits from its proximity to local attractions and events, driving a steady stream of guests year-round. The potential for growth and expansion is significant, offering opportunities to increase revenue through additional services or events. Investing in McWade's Inn means not just acquiring a property, but becoming a part of a rich local tradition and a thriving business. Zoning Information: Zoned Office Institutional (OFI). The property is currently being used as a Bed & Breakfast business. Despite the zoning change, new buyers/owners can maintain the old zoning by establishing B&B within 6 months from the settlement date, provided that the owners reside in the same dwelling. For additional details, please refer to the planning department of town of Clayton. The property is also listed as Commercial, MLS# 10024973. Special Offer for Investors: - For investors interested in establishing a Bed & Breakfast, the sellers are providing complimentary assistance, including training on business management and three months of initial business support. Inclusions: - Appliances and most furniture will convey. This is your chance to own a piece of Clayton's history and a profitable venture in the hospitality industry.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 28, 2025
Home Highlights
Parking
8 Open Spaces
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 507 E 2nd St
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Interior Details Number of Rooms: 11 |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 8Number of Bathrooms (full): 7Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 6510 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Electricity Available, Sewer Connected, Water AvailableAppliances: Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer/DryerDisposalLaundry: Upper LevelMicrowaveRefrigerator |
Heating & Cooling Heating: Baseboard, Heat PumpHas CoolingAir Conditioning: Ceiling Fan(s), Central Air, Heat Pump, Wall Unit(s)Has HeatingHeating Fuel: Baseboard |
Fireplace & Spa Spa: None |
Windows, Doors, Floors & Walls Door: Storm Door(s)Flooring: Carpet, Tile, Wood |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: Accessible Approach with RampFloors: Carpet, Tile, Wood |
View Has a View |
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Exterior Home Features Roof: ShinglePatio / Porch: Covered, Front Porch, Porch, Side Porch, Wrap AroundFencing: NoneExterior: Lighting, Private Entrance, Smart Lock(s), StorageFoundation: Block, Brick/MortarNo Private Pool |
Parking & Garage Open Parking Spaces: 8No GarageNo Attached GarageHas Open ParkingParking Spaces: 8Parking: Asphalt,Circular Driveway,No Garage,On Site,Parking Lot,Paved |
Pool Pool: None |
Frontage Road Surface Type: Asphalt, PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 6510 Square Feet |
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Year Built Year Built: 1907 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Victorian |
Building Construction Materials: Brick Veneer, FrameNot a New Construction |
Property Information Parcel Number: 166917109917 |
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Price List Price: $1,050,000 |
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MLS Status: Closed |
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Direction & Address City: ClaytonCommunity: Not in a Subdivision |
School Information Elementary School: Johnston - Cooper AcademyJr High / Middle School: Johnston - RiverwoodHigh School: Johnston - Clayton |
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Building Area Building Area: 6510 Square Feet |
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Community Features: Historical Area, Park, Restaurant |
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No HOA |
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Lot Area: 0.92 acres |
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Special Conditions: Standard |
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Mls Number: 10034375Above Grade Unfinished Area: 6510 |
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Historical AreaParkRestaurant |
Last check for updates: about 20 hours ago
Listed by Nazokat Srajitinouno Quick, (919) 345-0519
Commission Realty, LLC
Bought with: Nazokat Srajitinouno Quick, (919) 345-0519, Commission Realty, LLC
Source: Doorify MLS, MLS#10034375
Price History for 507 E 2nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 11/15/2024 | $1,000,000 | Sold | Doorify MLS #10034375 |
| 09/26/2024 | $1,050,000 | Pending | Doorify MLS #10034375 |
| 08/30/2024 | $1,050,000 | PriceChange | Doorify MLS #10034375 |
| 08/19/2024 | $1,100,000 | PendingToActive | Doorify MLS #10034375 |
| 07/18/2024 | $1,100,000 | Pending | Doorify MLS #10034375 |
| 06/08/2024 | $1,100,000 | Listed For Sale | Doorify MLS #10034375 |
| 04/23/2024 | ListingRemoved | Doorify MLS #10022586 | |
| 04/12/2024 | $1,100,000 | Listed For Sale | Doorify MLS #10022586 |
| 12/01/2021 | $650,000 | Sold | Doorify MLS #2356040 |
| 12/01/2021 | $650,000 | Pending | Doorify MLS #2356040 |
| 10/16/2021 | $650,000 | Contingent | Doorify MLS #2356040 |
| 08/05/2021 | $650,000 | PriceChange | Doorify MLS #2356040 |
| 05/04/2021 | $699,900 | PriceChange | Doorify MLS #2356040 |
| 12/03/2020 | $729,000 | Listed For Sale | Agent Provided |
| 11/01/2020 | $729,000 | ListingRemoved | Agent Provided |
| 05/28/2020 | $729,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $10,846 |
| Assessment | $1,073,900 |
Home facts updated by county records
Comparable Sales for 507 E 2nd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $420,000 | 04/28/26 | 4 | 3 | 3,732 | |
0.13 | Single-Family Home | $300,000 | 10/17/25 | 4 | 2.5 | 3,035 | |
0.07 | Single-Family Home | $369,000 | 05/22/25 | 4 | 3 | 1,704 | |
0.56 | Single-Family Home | $599,999 | 03/25/26 | 5 | 4 | 3,213 | |
0.09 | Single-Family Home | $349,900 | 04/06/26 | 4 | 2 | 1,878 | |
0.06 | Single-Family Home | $315,000 | 07/22/25 | 3 | 1.5 | 1,572 | |
0.52 | Single-Family Home | $360,000 | 11/20/25 | 3 | 2.5 | 2,886 | |
0.30 | Single-Family Home | $475,000 | 12/05/25 | 3 | 3 | 2,555 | |
0.16 | Single-Family Home | $374,900 | 06/06/25 | 3 | 2.5 | 1,934 | |
0.16 | Single-Family Home | $384,000 | 07/03/25 | 3 | 2.5 | 1,934 |
Assigned Schools
These are the assigned schools for 507 E 2nd St.
- Cooper Elementary
- PK-5
- Public
- 444 Students
7/10GreatSchools RatingParent Rating AverageThis school needs to be shut down. I am saying this calmly, but seriously. My daughter came home and told me there were cockroaches in the bathroom. That is not a minor issue. That is unhygienic, unacceptable, and a real health concern. Roaches carry diseases, and no student should be exposed to that.What is equally concerning is how little this school seems to care unless a complaint is written in a very specific, carefully worded way. Serious problems should not be dismissed simply because they are uncomfortable to address.There have also been repeated reports of rabid dogs on campus. That is dangerous. That is a clear safety risk, and it should never be ignored under any circumstances. Allowing an environment like that shows a complete lack of responsibility.If you value safety and well-being, avoid this school. No one should be placed at risk or exposed to trauma because basic standards were not upheldParent Review4mo ago - Clayton High
- 9-12
- Public
- 2024 Students
5/10GreatSchools RatingParent Rating AverageThis school is poorly funded. The building is in need of a major update, and it’s very crowded. There are some nice and caring teachers who work hard and do care, but academically, this school didn’t provide a focused environment. My oldest, who has a high IQ was barely prepared for community college despite taking honors classes, daily parental oversight, no behavior problems, and an educated family environment. Many students are from low socioeconomic situations, poor home lives, and that contributes to the overall rigor of learning environment. The previous principal really did try and cared about his students, I’ll give him that. But you can only do so much with low funding. We moved to a different district for our youngest out of state as we wanted better for him and the difference in resources and quality in both teachers and students is not even comparable. Look elsewhere for your kid.Parent Review2y ago - Riverwood Middle
- 6-8
- Public
- 948 Students
4/10GreatSchools RatingParent Rating AverageThis school actually sucks so bad, like every other day my aluminum cologne bottle sets the metal detector off and I get flagged down like I’m carrying a bomb and then plastic water bottles set the detector off “cause of shape” like I could literally be at class but you’re checking my whole bag over the “shape” of a plastic water bottle but then kids still manage to sneak vapes and knives in with no problem. And don’t get me started on the teaching, most teachers here are absolutely rude for no reason and I don’t get why they get so pressed over everything, like in one of my classes my teacher is always calling me out whether it’s for a good or bad reason and I DO NOT like it. There’s so many other things about this school that make me have genuine hate running through my blood. DO NOT come here.Student Review2w ago 
Check out schools near 507 E 2nd St.
What Locals Say about Clayton
At least 356 Trulia users voted on each feature.
90 % Say car is needed
87 % Say it's dog friendly
87 % Say yards are well-kept
87 % Say parking is easy
80 % Say there's holiday spirit
74 % Say it's quiet
73 % Say kids play outside
70 % Say people would walk alone at night
60 % Say they plan to stay for at least 5 years
58 % Say neighbors are friendly
57 % Say streets are well-lit
54 % Say there are sidewalks
53 % Say there's wildlife
36 % Say it's walkable to grocery stores
35 % Say there are community events
32 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
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The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Homes for rent near 507 E 2nd St
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507 E 2nd St, Clayton, NC 27520 is a 7 bedroom, 8 bathroom, 6,510 sqft single-family home built in 1907. This property is not currently available for sale. 507 E 2nd St was last sold on Nov 15, 2024 for $1,000,000 (5% lower than the asking price of $1,050,000). The current Trulia Estimate for 507 E 2nd St is $996,100.