$399,900
1352 City Lake Rd, Lexington, NC 27292
Midcentury-Remodeled 4BR Home on 2.43 Acres Near City Lake
4 Bed · 2.5 Bath · 4,251 Sq Ft
Updated systems, expansive interior, and private 2.43-acre lot — move-in ready.
4
Beds
2.5
Baths
4,251
Sq Ft
1958
Built
2.43 acres
Lot
2-car attached; circular driveway
Garage
About City Lake Rd
This thoughtfully reimagined midcentury residence at 1352 City Lake Rd pairs generous scale with modern conveniences across 4,251 square feet and a beautiful 2.43-acre parcel. Enter through a welcoming foyer into expansive living rooms where original midcentury proportions meet updated finishes. The kitchen is designed for everyday life — abundant counter space, modern appliances, and a layout that opens easily to dining and family areas for effortless entertaining.
Four well-proportioned bedrooms and a primary suite occupy private wings — all arranged to maximize flow and usability for families. Significant investments in core systems include a new roof (2024), HVAC/furnace replacement (2023), and a water heater installed in 2025, so buyers gain long-term value with reduced near-term maintenance. Practical features like a mud room with laundry hookups, generous storage, and a two-car attached garage plus circular driveway make daily routines simple.
Step outside and discover a rare combination: the privacy and playroom of 2.43 acres with mature plantings and open yard space that beg for gardens, a playset, or a workshop/garage (subject to local permitting). The property sits minutes from City Lake recreation options and is a short drive to downtown Lexington for dining and community events — an appealing balance of quiet country feel and convenient town access.
If you’re seeking a turnkey family home with room to grow and recent capital improvements already in place, this midcentury-remodel on a large lot deserves an immediate showing. Contact Hollie Lunnen at Coldwell Banker Advantage to schedule a private tour.
Home Highlights
Property Features
Interior Features
- 4 bedrooms, 2.5 bathrooms across 4,251 sqft
- Remodeled midcentury interiors with updated finishes
- Kitchen with modern appliances and generous counter space
- Mud room with laundry hookups and utility sink
- Heat pump HVAC (2023) and central air
- Multiple living areas and formal dining potential
- Fireplace(s) — characteristic midcentury focal point
Exterior & Lot
- 2.43-acre lot — ample private yard and potential for outbuildings
- New roof (2024)
- 2-car attached garage plus circular driveway
- Mature landscaping and open lawn areas
- Easy access to City Lake recreation areas
Location & Neighborhood
- Short drive to downtown Lexington (shops, dining, community events)
- Nearby City Lake Park and waterfront trails (approx. 0.5 mi)
- Convenient regional access to US-64 and US-52 corridors
- Davidson County Schools district
Walkability & Recreation
- Walkability Rating: 35/100
- Recreation Score: 70/100
- Close proximity to City Lake for walking, fishing, and trails
Neighborhood & Location
The City Lake corridor in Lexington offers a blend of larger-lot residential properties, small farms, and easy access to downtown amenities. This part of Lexington feels semi-rural while remaining within minutes of restaurants, local shops, and community events. Outdoors enthusiasts will appreciate proximity to City Lake Park and its trails; commuters benefit from straightforward connections to regional routes heading toward Winston-Salem and High Point.
Market Insights
Lexington sits within the Triad region where buyers are favoring larger lots and turnkey homes that avoid immediate renovation expense. Over the past year the local market has shown modest appreciation — roughly mid-single digits — and inventory has stabilized, creating opportunities for well-priced, updated properties to sell quickly. This home’s combination of a generous lot (2.43 acres), recent system upgrades (roof 2024; HVAC 2023; water heater 2025), and an attractive midcentury remodel positions it competitively near the $380k–$420k range. Expect responsive interest from family buyers and buyers relocating from higher-cost Triad markets; highlight the ''move-in ready'' condition and outdoor acreage in marketing to capture higher-quality offers.
Nearby Schools
Parkview Elementary School
Elementary · 2.0 mi
Lexington Middle School
Middle · 3.0 mi
Lexington Senior High School
High · 3.5 mi
Walkability & Recreation
Immediate access to City Lake Park and open green space provides strong recreation value — walking, trails, fishing, and easy yard-based activities on the large lot.
Investment Highlights
- Large 2.43-acre lot offering privacy and outdoor opportunities
- Substantial living area — 4,251 sqft with flexible floorplan
- Recent capital improvements: roof (2024), HVAC (2023), water heater (2025)
- Turnkey midcentury remodel combining period character and modern systems
- Convenient access to City Lake and downtown Lexington amenities
Key Findings
- List price: $399,900; price per sqft ~ $94 (provided by listing).
- Recent closed sale on the property in Feb 2025 for $385,000.
- Large lot of 2.43 acres increases utility and resale desirability.
- Major systems updated within the last 3 years, lowering immediate capex needs.
- Property is active on Triad/Canopy MLS with days on market: 2 (as of scrape).
Things to Consider
- Sewer: septic installed — buyers should confirm septic capacity/condition and local connection options.
- Zoning and permitted uses should be verified before erecting accessory structures or subdividing.
- Large square footage may result in higher operating costs (heating/cooling, maintenance).
- School assignment and ratings are approximations — verify with school district for accuracy.
Opportunity Analysis
Buyers seeking a near-term move-in ready, larger-lot family home in Lexington will value the combination of a midcentury remodel, recent system upgrades, and private acreage. Owners can enjoy stable appreciation in the Triad market while leveraging the lot for recreation, gardening, or future outbuildings.
Potential Use Scenarios
- Owner-occupant buy: proceed with standard inspection, septic inspection, and appraisal.
- Investor buy-and-hold: market as premium rental to families; expect stable rents and low turnover due to lot appeal.
- Light cosmetic staging to emphasize midcentury features and large living spaces for listing photos/marketing.
Risk Factors
- Septic maintenance and capacity
- Potential property tax reassessment after recent sales/changes
- Local buyer pool is smaller than major metros — marketing should target Triad buyers and relocating families
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$380K
Midpoint
$400K
High
$420K
$94/SF estimated price per square foot
Estimate anchored to current list price ($399,900), prior recent sale ($385k in 2025), and local Triad market conditions. No live comp search performed; adjust after formal CMA.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Lexington and Davidson County have seen steady, moderate growth as part of the Triad—appealing to buyers seeking lower-cost housing within commuting distance of Winston-Salem and High Point.
Nearby Points of Interest
- City Lake Park (0.5 mi)
- Downtown Lexington (2-3 mi)
Short drive to Lexington's downtown dining and services, straightforward access to regional routes (US-64/US-52). Nearby City Lake offers trails and waterfront recreation.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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