Estimate anchored to current list price of $200,000 and prior 2022 sale at $210,000, adjusted for local market movement and property condition. No live comparable search was performed.
Ranch Living on .42 Acre — 3BR/2BA with Sun Porch & No HOA
Step into comfortable single-level living at 408 Gillsbrook Rd, a classic 3-bedroom, 2-bath ranch delivering 1,722 square feet of practical space on a generous 0.42-acre lot. The home's layout centers around a warm living area with an electric fireplace and an adjacent eat-in kitchen that awaits a tasteful refresh. A bright, spacious sun porch off the living area provides a dedicated spot for morning coffee, a reading nook, or an at-home office.
The primary bedroom includes a private en-suite bath; Bedrooms 2 and 3 are well-proportioned, and Bedroom 2 includes two closets for extra storage. Practical systems have been addressed with homeowner-friendly investments: a sump pump installed in 2023 and a crawlspace dehumidifier (April Air) added in 2023, both improving the home's long-term durability in this region. Attic access is simplified with pull-down stairs for seasonal storage.
Floors are carpet and linoleum, providing a sound baseline for immediate occupancy or for a buyer seeking a cosmetic project to add value. Appliance package includes a wall oven, refrigerator, microwave, dishwasher, and plumbing for an ice maker. Heating is via a heat pump with natural gas supplement and cooling is central air. Outside, the large front and back yards create space for gardening, play, or a future workshop or detached garage (confirm zoning/setbacks). There is no HOA, allowing freedom for exterior improvements subject to municipal rules.
This property is offered at $200,000 and presents a straightforward opportunity for a family wanting single-story convenience or an investor seeking an affordable long-term rental asset in Lancaster. Showings by appointment — contact listing agent Nancy Braun at 704-997-3794 for a tour or more information.
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Comparable sales
A 1959 ranch on 0.42 acres.
Building
Site & utilities
Central Lancaster / Gillsbrook area
Researched nearby locations
Location
408 Gillsbrook Rd, Lancaster, SC 29720
The Gillsbrook area is a mature, primarily residential neighborhood in central Lancaster characterized by single-story ranch homes and modest wooded lots. Residents enjoy short drives to downtown Lancaster for dining and basic services, while regional highways provide access to larger employment centers. The neighborhood mixes long-term owner-occupied homes and some investor-owned properties, creating an active local real estate market for affordable family housing.
Large private yard and nearby small parks give good access to outdoor activities; regional trails and larger parks are a short drive away.
A factual market snapshot around 408 Gillsbrook Rd.
Lancaster's housing market in early 2026 remains a value-oriented secondary market for buyers priced out of Charlotte proper. Central Lancaster homes trade at lower price-per-square-foot than nearby Indian Land but attract steady local demand from downsizers, first-time buyers, and investors seeking positive cash flow. Median sale prices in the broader Lancaster market are modestly up year-over-year (~2–3%), and inventory has stabilized, creating a balanced to slightly seller-favorable environment for well-priced single-family homes. This property’s combination of a sizable lot and single-story living positions it well: priced at $200,000, it sits competitively relative to updated small-lot homes and offers upside through targeted cosmetic and kitchen/bath improvements.
Typical single-family residential zoning allowing detached homes; accessory structures may be allowed subject to setbacks.
Zoning
Research-indicated uses
- Single Family Detached Residential
- Home Occupations (Likely Conditional)
- Accessory Structures Subject To Setback Rules
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- 3 beds / 2 baths, 1,722 SqFt built in 1959.
- Listed at $200,000 (3/6/2026), price per SqFt ~ $116.
- Most recent prior sale: $210,000 on 3/28/2022 (public records).
- Lot size ~18,295 SqFt (0.42 acres) — larger than many city lots.
- Mechanical updates in 2023 (sump pump, crawlspace dehumidifier).
What stands out about this property.
Interior Features
- 3 bedrooms, 2 full bathrooms
- 1,722 SqFt single-level ranch floorplan
- Electric fireplace in living room
- Eat-in kitchen with wall oven and refrigerator
- Laundry on main level
- Pull-down attic stairs for easy access
Exterior & Lot
- 0.42-acre lot (approx. 18,295 SqFt)
- Large front and backyard — room for outdoor projects
- Driveway parking (no garage)
- Cleared and partially wooded lot features
Location & Neighborhood
- Central Lancaster location with quick access to downtown services
- Short drive to grocery, restaurants, and healthcare
- I-77 corridor access for commutes to Charlotte and surrounding employment centers
Walkability & Recreation
- Walkability Rating: 45/100
- Nearby parks and community green spaces within a few minutes' drive
- Opportunities for gardening, outdoor living, and small-scale homestead activities
Sources & research confidence.
See where the property research came from and how confidence varies by field.