Back on the market through no fault of the seller, this charming bungalow in Lexington, North Carolina is full of potential and waiting for a new owner to bring it back to life. Priced at $165,000, the property sits on 3 acres, offering a rare combination of space, privacy, and opportunity. Whether you are looking for a starter home, a renovation project, or a country retreat, this bungalow has the foundation to become something truly special.
A Cozy Home with Room to Grow
Inside, the home offers 1,290 square feet of living space, featuring 3 bedrooms and 2 bathrooms. The primary suite includes a full bath with a walk-in shower, providing comfort and convenience, while the second bath is outfitted with a relaxing Jacuzzi tub—perfect for unwinding after a long day. The kitchen is especially spacious and ready for a complete redesign, giving you the chance to create the cooking and dining area of your dreams. With its existing layout, there’s plenty of room for modern updates or a more open-concept feel. A cellar beneath the home provides extra storage space, while the large storage building on the property ensures you’ll have plenty of room for tools, equipment, or hobbies. With some TLC and creativity, this home could easily be transformed into a warm and inviting space that suits your lifestyle.
Expansive 3-Acre Lot
What sets this property apart is the land itself. The 3-acre lot provides plenty of room for gardening, outdoor recreation, or even small-scale homesteading. Surrounded by open space, you’ll enjoy the peace and privacy of country living while still being within a short drive of Lexington’s shops, schools, and community amenities.
A Project with Endless Possibilities
This home is being sold as-is, giving buyers the freedom to renovate and update it however they see fit. The property is perfect for those with vision—whether you want to restore it into a charming family home, turn it into a peaceful weekend retreat, or explore rental opportunities, the possibilities are wide open.
Important Buyer Notes
The home is being sold as-is, with no repairs to be made by the seller. For safety reasons, buyers are asked not to walk on the back deck.Inspections and due diligence are encouraged so that buyers can fully understand the property’s condition and potential.
Property Highlights
- Price: $165,000
- Location: 12274 E Old US Highway 64, Lexington, NC 27292
- Bedrooms: 3
- Bathrooms: 2
- Square Footage: 1,290 sq. ft.
- Lot Size: 3 acres
- Special Features: Spacious kitchen with redesign potential, primary suite with walk-in shower, second bath with Jacuzzi tub, cellar, large storage building, country setting with room to expand
Final Thoughts
This bungalow is more than just a house—it’s a project filled with possibilities. With its affordable price, generous land, and existing features, it provides the ideal starting point for a buyer who wants to put their own stamp on a property. Whether you’re a first-time homeowner ready to take on a renovation, an investor seeking a unique project, or someone dreaming of a peaceful country lifestyle, this Lexington bungalow is worth a closer look.At just $165,000 for 3 acres and a home with so much potential, opportunities like this don’t come around often.
Photo Gallery
If you’re interested in learning more about this unique property, please contact the listing agent through the Zillow link.
