Homes/North Carolina/Statesville/3891 Wilkesboro Hwy
CompCasa Property Analysis · Single Family Residential

3891 Wilkesboro Hwy

1934 Cape Cod with Vintage Details and Renovation Potential

Investor-friendly 3BR/2BA on Wilkesboro Hwy — hardwoods, office, basement

CompCasa valuation analysis
Estimated market value
$170,000
Low $163,200 · Midpoint $170,000 · High $176,800
Confidence65%Sales comparison approach
CompCasa estimate$170,000Current analysis
$163,200$170,000 midpoint$176,800
Price / sq ft$103

Derived from Redfin listing LD+JSON

About the property

1934 Cape Cod with Vintage Details and Renovation Potential

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.

Location & nearby

Statesville, NC

Researched nearby locations

Approximately 10–15 minute drive to Statesville, Wilkesboro, or Elkin
Rural/highway corridor setting with country character
Short drives to nearby towns for shopping and services
Community recreation and parks available in Statesville (drive required)

Location

3891 Wilkesboro Hwy, Statesville, NC, 28625

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

Market context

A factual market snapshot around 3891 Wilkesboro Hwy.

Editorial market perspective

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.

Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 bathrooms
  • Newly uncovered hardwood floors throughout
  • Arched interior doorways
  • Original five‑paneled doors
  • Open living and dining area
  • Wood‑paneled office with private entry
  • Kitchen gutted — ready for full remodel
  • Bathrooms gutted — ready for full remodel
  • Basement prepped and stabilized

Exterior & Lot

  • Portion of a larger parcel — additional 1 acre available for purchase
  • Mature setting along Wilkesboro Hwy
  • Private office entry
  • Large windows and classic Cape Cod facade

Location & Neighborhood

  • Approximately 10–15 minute drive to Statesville, Wilkesboro, or Elkin
  • Centrally located between Charlotte, Boone, Winston‑Salem and Hickory
  • Easy regional access for commuters and weekend mountain trips
  • Rural/highway corridor setting with country character

Walkability & Recreation

  • Walkability Rating: 30/100 — Car‑Dependent
  • Short drives to nearby towns for shopping and services
  • Access to regional outdoor recreation by car (mountain areas to the northwest)
  • Opportunities for nearby country drives, fishing, and day hikes within regional reach
  • Community recreation and parks available in Statesville (drive required)