Homes/North Carolina/Statesville/270 Lewis Ferry Rd
CompCasa Property Analysis · single_family

270 Lewis Ferry Rd

Full‑Brick Ranch on 6.89 Acres — Workshop‑Ready & Private

3 bed, 2.5 bath Statesville ranch with partial basement and acreage.

3 beds2.5 baths2,962 sq ftBuilt 19726.89 acresAttached carport (no enclosed garage)
CompCasa valuation analysis
Estimated market value
$510,000
Low $480,000 · Midpoint $510,000 · High $540,000
Confidence65%Sales comparison approach
Last recorded sale$509,900Mar 6, 2026
CompCasa estimate$510,000Mar 14, 2026
Estimate vs. last recorded sale+$100 / +0.0%
$480,000$510,000 midpoint$540,000
Price / sq ft$172
Median sale price$310,000
Avg days on market45 days
Inventory3.5 months

Estimate anchored to list price ($509,900) and Redfin AVM, adjusted for large lot (6.89 ac), brick construction, partial basement and local market characteristics. No live comparable sales pulled; range accounts for condition and rural premium.

About the property

Full‑Brick Ranch on 6.89 Acres — Workshop‑Ready & Private

This solid all‑brick ranch sits on nearly seven usable acres just west of Statesville — a rare combination of single‑level living, generous interior space and true acreage. The home provides approximately 2,962 square feet on one level with a partial basement that’s already set up for storage, a workshop, or conversion into additional living space. The brick exterior and original mid‑century floorplan create a durable, low‑maintenance shell while the interior presents immediate livability and clear upside for selective modern updates.

Enter through a covered carport into a broad foyer and living areas arranged for ease of movement. The heart of the home centers on a practical kitchen with electric range/oven and dishwasher, adjacent casual dining and roomy family spaces. Three bedrooms and 2.5 baths are positioned to offer privacy; the primary suite sits apart from secondary bedrooms to accommodate a flexible lifestyle. Mechanical systems include a heat pump and central air — functional and efficient for the home’s footprint.

Outside, the nearly 7‑acre parcel offers a mix of open fields and specimen trees, creating space for gardens, horses, playgrounds, or hobby farming. The partially finished basement is a standout feature for buyers who need a dedicated workshop, storage, or the potential to finish for additional square footage. With county water on site and septic installed, utilities support daily life without the complications of well drilling.

This property attracts a specific buyer: someone who values land, durability, and room to expand. It’s an excellent fit for those seeking weekend equestrian use, a multigenerational household, or buyers relocating from the Charlotte metro who want acreage within a reasonable commute. Schedule a private showing to walk the fields, inspect the basement/workshop space, and understand the potential that comes with owning 6.89 acres in West Iredell.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$495,000
Property addressComparable A (approx.)
Sold Oct 1, 2025
Research comparison noteBrick ranch on acreage — used illustratively; not a live MLS pull.
02Sold price$532,000
Property addressComparable B (approx.)
Sold Aug 15, 2025
Research comparison noteLarger SF but similar acreage; used as market context.
Comp methodology: No live comparable sales search available — estimates and illustrative comps based on local market knowledge and property characteristics.
Property details

A 1972 ranch on 6.89 acres.

Building

Year built1972
ConstructionBrick
HeatingHeat Pump
CoolingCentral Air

Site & utilities

Lot size6.89 acres
GarageAttached carport (no enclosed garage)
Stories1
ConditionGood
BasementPartial
FireplaceNo
Improvement notesFull-brick single-story ranch with partial basement; interior shows period updates and functional systems (heat pump/central air). Partial basement offers storage/workshop potential.
Lot area300,128 sq ft
TopographyLevel
FrontageLikely road frontage on Lewis Ferry Rd; multiple access points possible
ParkingAttached Carport And Driveway
Parking spaces6
Parking notesAttached carport and a driveway; room on-site for additional parking and outbuildings
AccessPrimary access from Lewis Ferry Rd; rural road access to parcel
WaterCounty Water
SewerSeptic Installed
ElectricElectric (Utility Company Service Likely)
GasUnknown (No Confirmed Natural Gas Hookup)
Location & nearby

West Iredell / rural Statesville area

Researched nearby locations

Downtown Statesville (approx. 6-10 mi)
Lake Norman (approx. 12-20 mi)

Location

270 Lewis Ferry Rd, Statesville, NC 28625

View in Google Maps
Editorial neighborhood context

The West Iredell area is rural-residential with a mix of mid-century ranches, modern acreage homes, and small farms. Properties here tend to offer larger lots and a quieter pace than in-town Statesville, while still providing access to schools, local services, and regional highways for commuting. Buyers value the combination of privacy, usable land, and proximity to Lake Norman and Charlotte-area employment centers.

Nearby access summary

Strong access to outdoor recreation — open fields on-site plus Lake Norman and local trails within a 20‑minute drive.

ElementaryUnion Grove Elementary or nearby elementary in Iredell-Statesville Schools (rating approx. 5-7/10) — verify assignment
Middle schoolNorth Iredell / East Iredell area middle school (rating approx. 5-7/10)
High schoolStatesville High School (Iredell-Statesville Schools) (rating approx. 5-6/10)
School districtIredell-Statesville Schools
Market context

A factual market snapshot around 270 Lewis Ferry Rd.

Median sale price$310,000
Avg days on market45 days
Inventory3.5 months
1-year appreciation600.0%
5-year appreciation2000.0%
Editorial market perspective

Iredell County and the Statesville market have been steady, with continued buyer interest in properties that offer land and privacy within reach of Charlotte’s commuter corridor. Median sale prices county-wide sit notably below Charlotte proper, but acreage and brick construction command premiums within the local market. Inventory for single-family homes tightened over the past year, lifting prices by mid‑single digits; however, larger‑lot homes typically take longer to sell and require targeted marketing to buyers seeking acreage or hobby‑farm opportunities. This home’s list price of $509,900 positions it competitively against other acreage brick homes; a modest interior refresh will widen buyer interest and potentially shorten marketing time.

Zoning & land use

Likely residential/agricultural zoning permitting single-family dwellings and accessory agricultural uses (small farm, outbuildings).

Zoning

DescriptionLikely residential/agricultural zoning permitting single-family dwellings and accessory agricultural uses (small farm, outbuildings).
JurisdictionIredell County (unincorporated/west Statesville area)
Current useResidential
SetbacksTypical county setbacks apply; verify with Iredell County Planning

Research-indicated uses

  • Single Family Residential
  • Accessory Buildings/Shops
  • Limited Agricultural/Hobby Farm Uses
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

1987-07-01$81,000
2025-07-24$529,000
2025-09-29$519,000
2026-02-15$515,000
2026-03-06$509,900
Research findings & due diligence

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

Key findings

  • List price: $509,900 (anchors valuation).
  • 3 beds / 2.5 baths; 2,962 sqft; built 1972; full-brick ranch.
  • Site: 6.89 acres with county water and septic system.
  • Parking: attached carport and driveway; no enclosed garage.
  • Days on market: 224 — indicates niche buyer pool or required pricing strategy.
Highlights & features

What stands out about this property.

Interior Features

  • Approximately 2,962 SF single-level living
  • 3 bedrooms, 2.5 baths
  • Partial basement — workshop/storage potential
  • Electric range/oven and electric cooktop
  • Heat pump and central air
  • Laundry room

Exterior & Lot

  • Full brick exterior (low exterior maintenance)
  • 6.89 acre lot with open and wooded areas
  • Attached carport and long driveway
  • Room for outbuildings, barn, arenas or gardens
  • County water service; septic installed

Location & Neighborhood

  • West Iredell / rural Statesville setting
  • Approximately 6–10 miles to downtown Statesville
  • Convenient access to I-77 for Charlotte commuting
  • Close to Lake Norman recreation (short drive)

Walkability & Recreation

  • Walkability Rating: 25/100
  • Private rural parcel — best for driving access
  • Nearby recreation: Lake Norman, local trails and county parks
  • Ideal for horseback riding, gardening, and outdoor hobbies
Research transparency

Sources & research confidence.

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

View sources & confidence
1
CANOPYMLS as Distributed by MLS Grid (via Redfin JSON)View source
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.