Property listing for 2203 Longwood Ave, Sanford, NC 27330
For SaleSingle Family Home

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2203 Longwood Ave, Sanford, NC 27330

Brick Ranch on 1.26 Acres with Walk-Out Basement & Bonus Space

3 Bed · 3 Bath · 2,981 Sq Ft

Spacious ranch with bonus area and income potential near downtown Sanford

3

Beds

3

Baths

2,981

Sq Ft

1969

Built

1.26 acres

Lot

1-car attached

Garage

About 2203 Longwood Ave

What sets 2203 Longwood Ave apart is the scale of the yard: a level, 1.26-acre parcel surrounding a solid brick ranch that invites both straightforward living and serious imagination. This 1969 brick home delivers nearly 3,000 square feet under one roof — three bedrooms, three bathrooms, a working fireplace and a generous 528 sq. ft. enclosed bonus area that can serve as a home office, playroom, studio, or multigenerational hub.

Step inside and you’ll notice comfortable, lived-in spaces suited to everyday family life. The main level is practical and roomy; a gas heat pump provides central climate control, and a partially finished walk-out basement with its own entrance dramatically expands the property’s possibilities. That lower level is an immediate candidate for an in-law suite or rental unit, especially since the City’s RA zoning supports accessory dwelling use — a meaningful plus for buyers seeking rental income or flexible living arrangements.

Outdoor life is a highlight here. The long driveway and one-car attached garage leave ample room for cars, trailers, or toys; the broad yard has space for future landscaping projects, a workshop, a pool, or simply wide-open play areas. The shingle roof, brick construction, and classic ranch footprint speak to durable, low-maintenance bones, while the interior presents a clear canvas for cosmetic updates and systems work (roof and HVAC should be verified per listing notes).

Location ties everything together: this property sits in Temple Terrace with Downtown Sanford just about two miles away for dining, events, and community life, San-Lee Park three miles out for larger outdoor activities, and Central Carolina Community College 2.5 miles from the front door. With an assessed value that historically sits below market and an estimated market midpoint near $310,000, 2203 Longwood Ave appeals to buyers who want space, flexibility, and a tangible path to add value — whether through modest renovations, an ADU conversion in the walk-out basement, or landscape and outdoor enhancements. Sold as-is and priced with potential in mind, this ranch rewards buyers who can envision the next chapter.

Home Highlights

1.26-acre level lot offering expansion potential528 sq. ft. enclosed bonus area for office or playroomWalk-out basement with separate entrance — ideal for in-law or rental conversionSolid brick ranch construction (1969) with fireplaceZoned RA, allowing accessory dwelling unit opportunitiesEstimated rental income ~ $2,000/month (rental yield ~7.7%)Sold as-is — renovation and value-add opportunity

Property Features

Interior Features

  • 3 bedrooms, 3 bathrooms
  • Approximately 2,981 total square feet
  • 528 sq. ft. enclosed bonus area
  • Partially finished walk-out basement with separate entrance
  • Fireplace
  • Central AC with gas heat pump
  • Single-story main living level

Exterior & Lot

  • 1.26-acre level lot (54,886 sq. ft.)
  • Brick construction with shingle roof
  • 1-car attached garage plus driveway parking for additional vehicles
  • Standard residential frontage on Longwood Ave
  • Zoned RA — Residential Agricultural

Location & Neighborhood

  • Temple Terrace neighborhood
  • 2 miles to Downtown Sanford (restaurants, shops, community events)
  • 3 miles to San-Lee Park
  • 2.5 miles to Central Carolina Community College
  • Close to Lee County Schools

Walkability & Recreation

  • Walkability Rating: 40/100 — Car-Dependent
  • Nearby parks and green spaces: San-Lee Park (3 miles)
  • Recreation and community facilities within a short drive
  • Two-mile access to downtown amenities and seasonal community events
  • Neighborhood suitable for walking short errands within a short drive

Neighborhood & Location

Temple Terrace is a quiet, established residential neighborhood with easy access to Downtown Sanford’s shops, eateries, and community events just two miles away. Residents benefit from nearby recreational options such as San-Lee Park, plus educational institutions including Central Carolina Community College. The area blends suburban lot sizes with a small-town feel: long yards, mature trees, and streets designed for family living. Buyers who appreciate space and proximity to local amenities will find Temple Terrace a practical, community-oriented choice.

Market Insights

Sanford’s single-family market is currently balanced, favoring neither buyer nor seller strongly. Local data shows roughly 3.5 months of inventory and an average days-on-market near 90 — indicators of steady demand without the volatility of a hot seller’s market. Median sale price in the area is approximately $326,000 and year-over-year appreciation is modest (+1.4%), while longer-term growth over five years is healthy (~15%).

Comparable sales on Longwood Avenue over recent months range from roughly $122K (older sale) to $246K and higher, with price-per-square-foot figures varying significantly by age and condition. For 2203 Longwood Ave — a large-lot brick ranch with nearly 3,000 SF and a walk-out basement — valuation models place a fair market midpoint near $310,000. For investors, estimated monthly rent near $2,000 and a gross rental yield around 7.7% make this property competitive in the local rental market, particularly if the lower level is converted to a separate unit. For owner-occupiers, the sizable lot and flexibility for expansion make now a reasonable time to buy while the market remains measured and renovation costs can translate into long-term equity gains. Due diligence should focus on system ages, roof condition, and confirming zoning/ADU requirements.

Nearby Schools

Lee Early College

High

9/10

West Lee Middle School

Middle

1/10

B.T. Bullock Elementary School

Elementary

6/10

Walkability & Recreation

40
Walkability
70
Recreation

Good access to parks and community recreation — San-Lee Park is about 3 miles away, downtown Sanford amenities are 2 miles out, and neighborhood open space provides room for yard-based recreation and future outdoor projects.

Investment Highlights

  • Versatile 528 sq. ft. enclosed bonus area offers potential for office or playroom
  • Walk-out basement with separate entrance provides opportunity for in-law suite or rental income
  • 1.26-acre lot offers ample space for outdoor activities or future expansion
  • Proximity to downtown Sanford, parks, and educational institutions enhances desirability
  • Significant appreciation since 2016 purchase indicates strong investment potential

Key Findings

  • County assessor shows 2016 purchase at $162,000 ($88/SF) — current estimate $310,000 ($104/SF)
  • Assessed value $227,300 — annual taxes $3,064
  • Zoned RA — Residential Agricultural, allowing single-family and accessory dwelling units
  • Comparable sales within 1 mile in last 6 months range $290K–$330K
  • Average days on market in Sanford: 90 days (balanced market)

Things to Consider

  • Built in 1969 — roof and HVAC systems should be inspected for age and condition
  • Middle school rating is 1/10 — may impact family buyer interest
  • Property is being sold as-is — potential for unforeseen maintenance issues
  • Owner-occupied status uncertain; mailing address differs from property address

Opportunity Analysis

Spacious brick ranch with significant potential for customization and additional income in a growing Sanford neighborhood. Large lot and versatile spaces offer flexibility for various uses. Balanced market conditions suggest stable investment outlook.

Potential Use Scenarios

  • Potential primary residence with space for home office or playroom
  • Walk-out basement with separate entrance could be converted to in-law suite or rental unit
  • Large lot offers potential for outdoor amenities or future expansion

Risk Factors

  • 1969 construction — potential for aging systems requiring maintenance
  • As-is sale condition — potential for unforeseen repairs
  • Middle school rating may deter some family buyers

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$290K

Midpoint

$310K

High

$330K

$104/SF estimated price per square foot

80% confidence

Sales comparison approach using 3 comparable sales within 1 mile sold in last 6 months. Adjusted for lot size, condition, and additional features. Assessed value of $227,300 appears below market.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$326,000
Avg Days on Market90 days
Inventory3.5 months
1-Year Appreciation+1.4%

Demographics

Population (1 mi)8,000
Median Income (1 mi)$55,000

Steady population growth with increasing demand for single-family homes. Walkability Rating estimate: 40/100.

Nearby Points of Interest

  • Downtown Sanford (2 mi)
  • San-Lee Park (3 mi)
  • Central Carolina Community College (2.5 mi)

Located in a quiet residential neighborhood with proximity to downtown Sanford, parks, and educational institutions.

School District

DistrictLee County Schools
ElementaryB.T. Bullock Elementary School (6/10)
MiddleWest Lee Middle School (1/10)
HighLee Early College (9/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1969
Constructionbrick
Stories1
Roofshingle
Heatinggas heat pump
Coolingcentral AC
Basementpartially finished
FireplaceYes
Conditionaverage

Lot & Site

Lot Size1.26 acres (54,885.6 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces3
FrontageStandard residential frontage on Longwood Ave

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeRA
DescriptionResidential Agricultural
JurisdictionCity of Sanford

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$227,300
Land$227,300
Improvements$0
Annual Tax (2025)$3,064

Sale History

2016-03-04$162,000

$88/SF

Arm's length transaction

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