For sale

$625,000

704 Terrace Dr, Lexington, NC 27295

3beds

2,464sqft

$3,605/mo

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Stick/Site Built, Residential, Single Family Residence

Built in 2017

0.86 Acres Lot

$609,600 Zestimate^®

$--/sqft

$10/mo HOA

What's special

Meticulously maintained brick homeCovered brick patioSmart custom upgrades throughoutBeautiful hardwoodsSplit bedroom floor planHuge laundry roomGenerator wiring

Custom built in 2017 w thoughtful design & exceptional craftsmanship, this meticulously maintained brick home in Meadow Lily was created w comfort & longevity in mind. From the wide 36" interior doors & accessibility features to the smart custom upgrades throughout, every detail was carefully planned. Split bedroom floor plan w 3 bedrooms, 2.5 baths & 36" doorways. Take note: Oversized 3 bay garage w 10' doors featuring an extra-deep bay for larger vehicles. Open layout, formal dining space, beautiful hardwoods, pocket doors, spacious living areas, & stunning primary suite with tray ceiling & dual closets. The huge laundry room is a bonus you'll appreciate every day! Step outside to enjoy the covered brick patio, professionally landscaped yard with irrigation, & custom touches including RV hookup, generator wiring, & dual 50-amp services. Located in the sought after Friedberg & Oak Grove school districts, this one truly blends comfort, functionality, & quality construction.

59 days

511

16

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: 17.17 x 15.5

Bedroom 2

Level: Main
Dimensions: 16.42 x 13.5

Bedroom 3

Level: Main
Dimensions: 13.17 x 10.58

Dining room

Level: Main
Dimensions: 14.75 x 11.33

Kitchen

Level: Main
Dimensions: 15.17 x 14.75

Laundry

Level: Main
Dimensions: 8.92 x 8

Living room

Level: Main
Dimensions: 22.5 x 16.75

Heating

Heat Pump, Electric, Natural Gas

Cooling

Central Air

Appliances

Included: Microwave, Dishwasher, Free-Standing Range, Gas Water Heater
Laundry: Dryer Connection, Main Level, Washer Hookup

Features

Ceiling Fan(s), Dead Bolt(s), Pantry
Flooring: Carpet, Vinyl, Wood
Basement: Crawl Space
Attic: Pull Down Stairs
Number of fireplaces: 1
Fireplace features: Gas Log, Living Room

Interior area

Total structure area: 2,464
Total interior livable area: 2,464 sqft
Finished area above ground: 2,464

Video & virtual tour

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Property

Parking

Total spaces: 3
Parking features: Driveway, Garage, Garage Door Opener, Attached, Garage Faces Side
Attached garage spaces: 3
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Porch
Pool features: None

Lot

Size: 0.86 Acres
Features: Subdivided, Subdivision

Details

Parcel number: 03011F0000021000
Zoning: RA1
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Brick, Stone

Condition

Year built: 2017

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Meadow Lily

HOA

Has HOA: Yes
HOA fee: $125 annually

Location

Region: Lexington

Financial & listing details

Tax assessed value: $434,260
Annual tax amount: $2,780
Date on market: 6/30/2026
Cumulative days on market: 58 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan
Exclusions: Wooden Coat Rack In Main Garage

Estimated market value

$609,600

$579,000 - $640,000

$2,219/mo

Price history

Date	Event	Price
6/30/2026	Listed for sale	$625,000+1288.9%
Source: Triad MLS #1226176 Report a problem
12/19/2016	Sold	$45,000$18/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$434,260
2025	$2,779	$434,260
2024	$2,779	$434,260
2023	$2,779	$434,260
2022	$2,779	$434,260
2021	$2,779 +14.5%	$434,260 +14.5%
2020	$2,428	$379,310
2019	--	$379,310
2018	$275	$379,310 +742.9%
2017	$275	$45,000
2016	$275	$45,000
2015	$275	$45,000