$170,000
3 Bed · 2 Bath · 1,649 Sq Ft
Investor-friendly 3BR/2BA on Wilkesboro Hwy — hardwoods, office, basement
3
Beds
2
Baths
1,649
Sq Ft
1934
Built
This is a Cape Cod with character—arched interior doorways, original five‑paneled doors, and newly uncovered hardwood floors that reveal the home’s original craftsmanship. Built in 1934, the residence balances vintage detail with clear renovation opportunity: the living room opens into a generous dining area that preserves period proportions, and an intimate, wood‑paneled office with its own private entry offers a practical work‑from‑home setup or a great studio space.
Throughout the main living areas you’ll notice the architectural bones that make older homes so desirable: well‑scaled rooms, substantial trim, and large windows that bring brightness into every corner. The kitchen and both bathrooms have been gutted, which is why this property is best suited for cash buyers or experienced renovators prepared to complete the project. The basement has already had work done to secure the flooring and presents a clean, stabilized environment for storage, mechanicals, or additional finished square footage.
This listing represents a portion of a larger parcel. Buyers who want more land can inquire about an adjacent 1‑acre lot that is also listed for sale—an uncommon chance to expand outdoor options without hunting for a separate parcel. With 1,649 square feet to reimagine, you can keep the home’s vintage soul while installing modern systems and finishes where it counts.
Location is a standout for buyers who want central access to the region: positioned between Charlotte, Boone, Winston‑Salem and Hickory, and a short 10–15 minute drive to Statesville, Wilkesboro or Elkin. That makes it a flexible base for commuters, weekend travelers to the mountains, or investors seeking a property with solid resale potential once renovated. This is a project house with immediate character and tangible upside—perfect for a hands‑on homeowner or an investor comfortable with a gut rehab.
Set along Wilkesboro Highway, this property offers a quieter, more rural feel while keeping regional centers within easy driving distance. Residents enjoy access to small‑town services in Statesville, Wilkesboro and Elkin for daily needs, with larger employment and entertainment hubs reachable in Charlotte or Hickory. The corridor is attractive to buyers seeking country living with practical commuting options and proximity to mountain recreation on weekend getaways.
This property is competitively positioned within the affordable segment of the local market. The broker list price of $170,000 aligns exactly with the valuation midpoint provided (price per square foot ~$103), and the data model reports a moderate confidence level (0.65). For single‑family fixer opportunities in and around Statesville, buyers will typically see strong interest from local investors and owner‑occupant renovators because affordable inventory under $200K is limited compared with demand for move‑in‑ready product. Given the kitchen and baths are gutted, financing options will be constrained—cash or renovation loans are the most viable routes—which concentrates interest among experienced buyers.
If you’re evaluating timing, this listing functions like a value play: purchase price reflects needed work, uncovered historic details reduce cosmetic cost, and the option to acquire extra acreage can increase marketability post‑renovation. Prospective buyers should review local MLS metrics (days on market, comparable post‑rehab sales) to model after‑repair value; for investors, contingency plans and contractor bids will determine ROI more than small swings in the broader market.
Good regional recreation access by car—mountain hiking and outdoor activities reachable within a reasonable drive, with local parks and waterways accessible in nearby towns.
Low
$163K
Midpoint
$170K
High
$177K
$103/SF estimated price per square foot
Derived from Redfin listing LD+JSON
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Set along Wilkesboro Highway, this property offers a quieter, more rural feel while keeping regional centers within easy driving distance. Residents enjoy access to small‑town services in Statesville, Wilkesboro and Elkin for daily needs, with larger employment and entertainment hubs reachable in Charlotte or Hickory. The corridor is attractive to buyers seeking country living with practical commuting options and proximity to mountain recreation on weekend getaways.
Market data is based on aggregated public records and may not reflect real-time conditions.
Looking to buy or sell? Connect with a licensed local agent who knows this area.
Request a ShowingYour inquiry will be connected with a licensed local real estate professional through our brokerage partner.
No agency is currently featured for this market. Join the CompCasa Local Partner Program to get your brokerage placed on property pages like this one.
Learn About the Partner ProgramCompCasa is a marketing and technology platform. All brokerage services are provided by licensed partners.