Investors, take note! This turnkey 3-bedroom, 1-bath home comes with a new lease already in place, providing guaranteed monthly income from day one. Recently remodeled prior to the current tenant’s move-in, the property requires minimal upkeep, making it a low-hassle addition to your portfolio. The home is currently being utilized as a 4-bedroom, 2-bath home which helps rental marketability. Set back from the road and surrounded by farmland, the home offers a quiet, private setting that is highly desirable for tenants and future homeowners alike. With its floor plan and updated finishes, this property is both comfortable and marketable, ensuring continued rental demand.Whether you’re looking to expand your rental portfolio or secure a home for yourself in the future, 126 Penguin Ln is an opportunity you want to check out.
333 days
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231
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8
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Zillow last checked:
Listing updated:
Listed by:
Josh Wilsonjosh@guardianrealestategrp.com,
Guardian Real Estate Group LLC,
Luke Reid,
Guardian Real Estate Group LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4300681
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 3
Kitchen
Level: Main
Heating
Heat Pump
Cooling
Central Air
Appliances
Included: Refrigerator
Laundry: Main Level
Features
Has basement: No
Interior area
Total structure area: 1,528
Total interior livable area: 1,528 sqft
Finished area above ground: 1,528
Finished area below ground: 0
Property
Parking
Total spaces: 2
Parking features: Driveway
Garage spaces: 2
Has uncovered spaces: Yes
Features
Levels: One
Stories: 1
Lot
Size: 1.57 Acres
Features: Private
Details
Parcel number: 4715763678.000
Zoning: RA
Special conditions: Subject to Lease
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Vinyl
Foundation: Crawl Space
Roof: Aluminum
Condition
New construction: No
Year built: 1975
Utilities & green energy
Sewer: Septic Installed
Water: County Water
Community & HOA
Community
Subdivision: None
Location
Region: Statesville
Financial & listing details
Price per square foot: $181/sqft
Tax assessed value: $145,840
Annual tax amount: $920
Date on market: 9/9/2025
Cumulative days on market: 334 days
Listing terms: Cash,Conventional
Road surface type: Gravel, Paved
Estimated market value
Zestimate®
$270,900
Estimated sales range
$257,000 - $284,000
Rent Zestimate®
$1,482/mo
Price history
Date
Event
Price
6/2/2026
Price change
$276,000-6.4%$181/sqft
Source: Canopy MLS as distributed by MLS GRID #4300681Report a problem
12/9/2025
Price change
$295,000-3.3%$193/sqft
Source: Canopy MLS as distributed by MLS GRID #4300681Report a problem
9/9/2025
Listed for sale
$305,000$200/sqft
Source: Canopy MLS as distributed by MLS GRID #4300681Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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