CompCasa Property Analysis · single_family

500 Gann St

Renovated 2-Bed Ranch on Rare .47-Acre Lot — Lowell, NC

Updated interior, oversized lot, two-car covered carport — great starter or rental

2 beds1 baths936 sq ftBuilt 19490.47 acresTwo-car covered carport / attached carport (526 sqft referenced)
CompCasa valuation analysis
Estimated market value
$260,000
Low $245,000 · Midpoint $260,000 · High $275,000
Confidence66%Sales comparison approach
CompCasa estimate$260,000Mar 14, 2026
$245,000$260,000 midpoint$275,000
Price / sq ft$278
Median sale price$300,000
Avg days on market25 days
Inventory2.5 months

Estimate anchored to list price ($259,900) and adjusted for size (936 sf), condition (recent interior updates), year built (1949), and oversized lot (.47 ac). No live comps search performed; range reflects typical +/-6% market variance for similar homes in Lowell/Gaston County as of 2026.

About the property

Renovated 2-Bed Ranch on Rare .47-Acre Lot — Lowell, NC

This single-story ranch blends smart updates with a rare half-acre yard in Lowell. The compact 936-square-foot floor plan has been refreshed with LVP flooring, new paint, and upgraded lighting for a clean, modern feel. The kitchen was recently remodeled with new cabinetry, countertops, sink and fixtures — practical choices that deliver immediate functionality without the wait. A single full bath features a refreshed vanity and tub surround. The home’s mechanicals include a heat pump with natural gas service, giving buyers options on heating/cooling efficiency.

Functionality is a highlight: a dedicated utility room houses laundry hookups and extra storage, while the exterior offers both an attached two-car covered carport (526 sq ft referenced) and generous driveway space for guests or a small trailer. The oversized .47-acre lot sets this property apart in the price band—room enough for a garden, workshop, play area, or future backyard improvements (confirm permits with city/county).

Whether you’re purchasing your first home, downsizing to single-level living, or adding a low-maintenance rental to your portfolio, the layout and recent interior updates reduce near-term renovation needs. The home is conveniently located for local errands in Lowell and provides straightforward commuting options to Gastonia and the greater Charlotte area.

Schedule a tour to see how this renovated ranch on an uncommon lot size offers practical everyday living and upside for modest outdoor enhancements. Seller disclosures and property condition reports available on request.

Property details

A 1949 ranch on 0.47 acres.

Building

Year built1949
ConstructionWood Frame (Assumed)
HeatingHeat Pump and Natural Gas
CoolingHeat Pump

Site & utilities

Lot size0.47 acres
GarageTwo-car covered carport / attached carport (526 sqft referenced)
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notesRecent interior updates include LVP flooring, fresh paint, new cabinetry and countertops in kitchen, updated bathroom vanity and tub surround, upgraded lighting fixtures. Functional utility room with laundry hookups.
Lot area20,473 sq ft
TopographyLevel
FrontageResidential street frontage on Gann St
ParkingAttached Garport And Driveway
Parking spaces4
Parking notesTwo-car covered carport plus driveway parking; garage/carport area listed at 526 sqft
AccessDirect street access from Gann St; ample driveway room
WaterCity
SewerPublic Sewer
ElectricElectricity Connected
GasNatural Gas (Connected)
Location & nearby

City of Lowell / Gann Street area

Researched nearby locations

Downtown Lowell (1.0 mi)
Gaston County parks and community facilities (2-4 mi)

Location

500 Gann St Unit 51-56, Lowell, NC 28098

View in Google Maps
Editorial neighborhood context

Lowell is a small, residential community in Gaston County with a mix of modest single-family homes and larger yards uncommon inside busier suburbs. The area appeals to buyers seeking lower entry prices than Charlotte proper while preserving reasonable commute access. Local amenities include neighborhood businesses, parks, and easy access to regional thoroughfares into Gastonia and Charlotte.

Nearby access summary

Large private yard and nearby municipal parks provide solid options for outdoor recreation; regional trails and lakes are a short drive away.

ElementaryLowell Elementary School (Gaston County Schools) — estimated rating 6/10
Middle schoolLowell Middle School (Gaston County Schools) — estimated rating 6/10
High schoolArea high school likely North Gaston High School or nearby Gaston County High school assignments — estimated rating 5-6/10
School districtGaston County Schools
Market context

A factual market snapshot around 500 Gann St.

Median sale price$300,000
Avg days on market25 days
Inventory2.5 months
1-year appreciation400.0%
5-year appreciation1800.0%
Editorial market perspective

The Lowell submarket (Gaston County) sits as an affordable edge-of-Charlotte option. In early 2026 the micro-market favors sellers for well-priced, updated single-family homes, with median sale prices in nearby corridors roughly in the low-to-mid $200s to low $300s depending on size and lot. Inventory remains tight relative to historical averages (approx. 2–3 months), producing steady demand for move-in-ready ranches and starter homes. For buyers, this property represents a value play: updated interior finishes and an unusually large lot for the price create differentiation. For investors, rental demand for modest 2BR homes is steady; expect achievable rents in the $1,200–$1,450/month band. Verify local comps and taxes for precise positioning.

Zoning & land use

Typical single-family residential zoning (local R or RS classification likely). Confirm with city/county planning.

Zoning

DescriptionTypical single-family residential zoning (local R or RS classification likely). Confirm with city/county planning.
JurisdictionGaston County / City of Lowell
Current useResidential

Research-indicated uses

  • Single Family Residence
  • Accessory Structures Subject To Setbacks/Permits
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.
Research findings & due diligence

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

Key findings

  • List price: $259,900 — price per sf ~ $278
  • 936 gross living area, built 1949, 2 beds/1 bath
  • Lot size ~20,473 sf (~0.47 acres)
  • Recent interior updates reduce near-term capex for buyers
  • Located in Lowell (Gaston County) with reasonable commute access to Gastonia/Charlotte
Highlights & features

What stands out about this property.

Interior Features

  • 2 bedrooms, 1 full bathroom
  • 936 sf single-story layout
  • Luxury vinyl plank (LVP) flooring
  • Updated kitchen: new cabinetry, countertops, sink, faucets
  • Upgraded lighting and fresh paint
  • Functional utility room with washer/dryer hookups
  • Heat pump + natural gas

Exterior & Lot

  • Oversized .47-acre (20,473 sf) lot
  • Two-car covered carport (attached) — 526 sf area referenced
  • Driveway parking for additional vehicles
  • Level lot with ample rear yard for landscaping or outbuildings (verify permits)

Location & Neighborhood

  • City of Lowell, Gaston County
  • Short drive to local shopping and services
  • Commuter access to Gastonia and Charlotte via US-29/74 and nearby highways
  • Quiet residential street on Gann St

Walkability & Recreation

  • Walkability Rating: 35/100
  • Nearby parks and green spaces within a few miles
  • Easy car access to regional trails and recreational facilities
  • Good yard space for private outdoor recreation
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Redfin (pre-scraped)View source
2
CANOPYMLS as Distributed by MLS Grid (MLS #4354875)
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.