CompCasa Property Analysis · single_family

City Lake Rd

Midcentury-Remodeled 4BR Home on 2.43 Acres Near City Lake

Updated systems, expansive interior, and private 2.43-acre lot — move-in ready.

4 beds2.5 baths4,251 sq ftBuilt 19582.43 acres2-car attached garage
CompCasa valuation analysis
Estimated market value
$400,000
Low $380,000 · Midpoint $400,000 · High $420,000
Confidence70%Sales comparison approach
Last recorded sale$385,000Feb 28, 2025
CompCasa estimate$400,000Mar 12, 2026
Estimate vs. last recorded sale+$15,000 / +3.9%
$380,000$400,000 midpoint$420,000
Price / sq ft$94
Median sale price$310,000
Avg days on market30 days
Inventory3.5 months

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.

About the property

Midcentury-Remodeled 4BR Home on 2.43 Acres Near City Lake

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.

Property details

A 1958 midcentury remodel on 2.43 acres.

Building

Year built1958
ConstructionWood Frame With Midcentury Details (Assumed)
RoofShingle (Replaced 2024)
HeatingHeat Pump (new 2023)
CoolingCentral Air

Site & utilities

Lot size2.43 acres
Garage2-car attached garage
Stories2
ConditionGood
BasementNone
FireplaceYes
Improvement notesMidcentury remodel with modern appliances; major systems refreshed: HVAC/furnace 2023, water heater 2025, roof 2024. Interior retains period character with updated finishes.
Lot area105,850 sq ft
TopographyLevel
FrontageLikely road frontage on City Lake Rd; broad yard with mature landscaping
ParkingAttached Garage And Driveway
Parking spaces6
Parking notes2-car attached garage plus circular driveway accommodating multiple vehicles
AccessDirect access from City Lake Rd; circular driveway provides two-way flow
WaterCity
SewerSeptic Installed
ElectricElectric Utility (Provider Unknown)
GasUnknown (No Explicit Gas Appliances Listed)
Location & nearby

City Lake / North Lexington corridor

Researched nearby locations

City Lake Park (0.5 mi)
Downtown Lexington (2-3 mi)

Location

1352 City Lake Rd, Lexington, NC 27292

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryParkview Elementary School (estimate) — rating ~6/10
Middle schoolLexington Middle School — rating ~6/10
High schoolLexington Senior High School — rating ~5/10
School districtDavidson County Schools
Market context

A factual market snapshot around City Lake Rd.

Median sale price$310,000
Avg days on market30 days
Inventory3.5 months
1-year appreciation400.0%
5-year appreciation1800.0%
Editorial market perspective

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.

Zoning & land use

Likely residential single-family zoning (R-20/R-12 equivalent) — typical for large-lot suburban parcels in Davidson County

Zoning

DescriptionLikely residential single-family zoning (R-20/R-12 equivalent) — typical for large-lot suburban parcels in Davidson County
JurisdictionDavidson County / Lexington
Current useResidential
SetbacksSetbacks follow Davidson County and/or Lexington standards; verify with county planning for accessory buildings or subdivisions

Research-indicated uses

  • Single Family Residence
  • Accessory Structures (Subject To County Setback Rules)
  • Home Occupation (Limited)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2025-02-28$385,000
2023-11-21$250,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

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).
Highlights & features

What stands out about this property.

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin / MLS ScrapeView source
2
Triad MLS / Canopy MLS price history (from scrape)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.