Discover the charm of this 1906 farmhouse nestled on 8+ peaceful acres near High Rock Lake, where wraparound porch mornings, towering trees, and the quiet of country living await. Offering 2,500+ sq ft, this spacious home features 3 bedrooms, 2.5 bathrooms, three fireplaces, a main-level primary suite with private bath, both a living room and den, and beautiful wood floors just waiting to be brought back to life. Outside, you'll find the perfect blend of open space and privacy with a partially cleared homesite surrounded by mature woods, two decks, a detached two-car garage, porch swing, and a workshop with endless possibilities. Located just minutes from Lexington's shopping, dining, and everyday amenities, yet tucked away enough to feel like your own private retreat. With low county taxes, timeless farmhouse character, and room to create your dream homestead, this is a rare opportunity to own a piece of history with unlimited potential. Property sold as-is.
Pending
$275,000
389 Paul Musgrave Rd, Lexington, NC 27292
3beds
2,566sqft
Stick/Site Built, Residential, Single Family Residence
Built in 1906
8.16 Acres Lot
$275,400 Zestimate®
$--/sqft
$-- HOA
What's special
Porch swingDetached two-car garageWraparound porch morningsThree fireplacesTwo decksBeautiful wood floorsTowering trees
- 57 days
- 180
- 7
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Brianna Funte 704-281-6163,
Keller Williams Realty
Source: Triad MLS,MLS#: 1227244
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Primary bedroom
- Level: Main
- Dimensions: 18.5 x 15.58
Bedroom 2
- Level: Upper
- Dimensions: 13.83 x 13.58
Bedroom 3
- Level: Upper
- Dimensions: 11 x 10.33
Breakfast
- Level: Main
- Dimensions: 13.25 x 11.83
Den
- Level: Main
- Dimensions: 14.42 x 13.67
Dining room
- Level: Main
- Dimensions: 14.58 x 13.67
Kitchen
- Level: Main
- Dimensions: 15.08 x 13.25
Living room
- Level: Main
- Dimensions: 20.42 x 13.17
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s), Window Unit(s)
Appliances
- Included: Microwave, Oven, Dishwasher, Electric Water Heater
- Laundry: Dryer Connection, Main Level, Washer Hookup
Features
- Ceiling Fan(s), Pantry
- Flooring: Wood
- Basement: Crawl Space
- Attic: Access Only
- Number of fireplaces: 3
- Fireplace features: Gas Log, Den, Dining Room, Living Room
Interior area
- Total structure area: 2,566
- Total interior livable area: 2,566 sqft
- Finished area above ground: 2,566
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 8.16 Acres
- Features: Horses Allowed, Not in Flood Zone
Details
- Parcel number: 0601800000032000
- Zoning: RA2
- Special conditions: Owner Sale
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick/Site Built, Residential, Single Family Residence
Materials
- Asbestos
Condition
- Year built: 1906
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lexington
Financial & listing details
- Tax assessed value: $179,300
- Annual tax amount: $1,165
- Date on market: 7/16/2026
- Cumulative days on market: 27 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$275,400
$262,000 - $289,000
$3,104/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Pending sale | $275,000 |
Source:  Triad MLS #1227244 Report a problem | ||
| 7/16/2026 | Listed for sale | $275,000+157% |
Source: Triad MLS #1227244 Report a problem | ||
| 5/29/2014 | Sold | $107,000+47.6% |
Source: Triad MLS #702590 Report a problem | ||
| 9/26/2013 | Sold | $72,500+2.3% |
Source: Triad MLS #679190 Report a problem | ||
| 9/14/2013 | Pending sale | $70,900$28/sqft |
Source: Oak Leaf Properties of NC #679190 Report a problem | ||
| 9/5/2013 | Price change | $70,900-21.1%$28/sqft |
Source: Oak Leaf Properties of NC #679190 Report a problem | ||
| 8/13/2013 | Price change | $89,900-34.6%$35/sqft |
Source: Oak Leaf Properties of NC #679190 Report a problem | ||
| 7/18/2013 | Listed for sale | $137,500+55.5%$54/sqft |
Source: Oak Leaf Properties of NC #679190 Report a problem | ||
| 7/1/2013 | Sold | $88,400$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $179,300 |
| 2025 | $1,165 0% | $179,300 0% |
| 2024 | $1,166 | $179,330 |
| 2023 | $1,166 +64.5% | $179,330 |
| 2022 | $708 | $179,330 |
| 2021 | $708 -16.2% | $179,330 +37.9% |
| 2020 | $845 | $130,070 |
| 2019 | -- | $130,070 |
| 2018 | $833 | $130,070 |
| 2017 | $833 | $130,070 |
| 2016 | $833 | $130,070 |
| 2015 | $833 +0.9% | $130,070 +2.4% |
| 2014 | $826 | $127,010 |
| 2013 | -- | $127,010 |
| 2012 | -- | $127,010 |
| 2011 | -- | $127,010 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 27292
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