Estimated market value
$225,000
Low $216,000 · Midpoint $225,000 · High $234,000
Confidence65%Sales comparison approach
CompCasa estimate$225,000Current analysis
$216,000$225,000 midpoint$234,000
Price / sq ft$165
Derived from Redfin listing LD+JSON
About the property
Charming 3-Bed Ranch with Renovation Opportunity in Madison
This mid-century single-story home on Oakcrest Drive stands in one of Madison’s quieter, well-established blocks — a neighborhood known for mature lots and steady, small-town character. At 1,366 square feet, the three-bedroom, two-bath layout offers practical living spaces and the kind of scale that makes updating affordable and impactful. The seller has already had a visible exterior crack evaluated by a structural engineer and is offering a $4,000 credit toward repair, providing buyer confidence and clearer scope for renovation planning.
Inside, the plan is straightforward and functional: living areas that suit everyday life, a kitchen area ready for modernization, and bedrooms that accommodate both family and home-office uses. The home is served by central A/C and includes washer and dryer hookups for convenience. The attached one-car garage adds weather-protected parking and extra storage — a valuable feature in this market.
What this property truly offers is potential: cosmetically straightforward spaces and a compact footprint that reward targeted investment. Whether you envision refreshed finishes, an upgraded kitchen, or selective mechanical updates, the combination of a moderate list price and an engineer-reviewed repair credit reduces entry cost and risk. Homes built in 1967 like this one often respond well to contemporary updates while retaining solid bones.
Outside, the setting reflects Madison’s small-town rhythm. The Dan River runs through the broader area and provides scenic recreation nearby; local streets offer an easy, lived-in feel where neighbors know one another and community events shape the calendar. For buyers seeking a starter home, a downsizing option, or a hands-on renovation project within a supportive town environment, 240 Oakcrest Drive presents a clear, affordable opportunity.
Broker list price is $225,000. For agents and buyers: inspection and review of the engineer’s report are recommended; the seller credit is documented to assist with the left-side exterior repair. Showings by appointment — reach out to discuss the engineer review and recent photos available on the listing portal.
Location & nearby
Madison, NC
Researched nearby locations
⌖Madison small-town setting
⌖Scenic Dan River runs through the area
⌖Nearby green spaces and Dan River access for paddling and fishing
⌖Short drives to local parks and town amenities
Location
240 Oakcrest Dr, Madison, NC, 27025
Editorial neighborhood context
Madison offers a small-town rhythm and deep local history, with neighborhood streets lined by mature yards and steady residential character. The Dan River threads through the wider area, bringing recreational options and scenic views. Residents enjoy a close-knit community where local gatherings and hometown amenities are within short drives, and the town’s scale keeps daily errands simple and approachable. This property sits among established homes—ideal for buyers seeking a quieter pace without losing access to essential services.
Nearby access summary
Good regional recreation access via the Dan River for paddling and fishing, nearby neighborhood parks, and short drives to additional green spaces and trails for hiking and biking.
Market context
A factual market snapshot around 240 Oakcrest Dr.
Editorial market perspective
Available public listing data (Redfin LD+JSON posted 2026-03-06) places this property at $225,000 with a valuation midpoint matching the list price and a price-per-square-foot estimate of $165. The automated valuation confidence is moderate (0.65), indicating reasonable comparables but advising customary due diligence. Specific local metrics such as days on market and active inventory for Madison are not provided in the data set; however, the seller’s offer of a $4,000 repair credit and the completed structural evaluation typically point to a market where buyers can negotiate on condition and cost of repairs. Single-family homes in small towns like Madison often see steady demand from local buyers and regional relocators seeking lower price points than nearby urban centers, which can translate to balanced market conditions — not a frenzied sellers’ market, but also not oversupplied. Given the moderate price and clear scope for improvement, this is a timely opportunity for buyers looking for value-add deals: the list price and seller credit reduce upfront risk while providing leverage during inspections and contract negotiations. Agents should confirm current inventory and recent sale prices with local MLS data to refine strategy.
Highlights & features
What stands out about this property.
013 bed, 2 bath single-level home
02Listed at $225,000
03Engineer-evaluated exterior crack with $4,000 seller credit
04Attached 1-car garage
05Central A/C and washer/dryer hookups
06Solid mid-century construction (1967)
Interior Features
- 3 bedrooms, 2 bathrooms
- 1,366 sq ft single-level layout
- Central A/C
- Washer and dryer hookups
- Practical floorplan suitable for remodeling
Exterior & Lot
- Established, quiet neighborhood street
- Attached 1-car garage
- Seller offering $4,000 credit toward repair (engineer evaluated)
- Mature neighborhood character; modest maintenance yard
Location & Neighborhood
- Madison small-town setting
- Scenic Dan River runs through the area
- Close-knit residential community
- Convenient access to local services in Madison
Walkability & Recreation
- Walkability Rating: null — insufficient data for precise score
- Nearby green spaces and Dan River access for paddling and fishing
- Short drives to local parks and town amenities
- Community-oriented streets ideal for neighborhood walks