248 Pinecrest Dr Lexington, NC 27295
Estimated payment $174/month
About This Lot
Prime opportunity to build a duplex or investment property in Lexington’s RM-1 zoning district. This .67-acre lot has already been perk tested and approved for a conventional septic system, providing peace of mind and faster permitting. This will save tens of thousands of dollars compared to many other properties that do not allow for this type of septic in the area. The lot features a gentle 5–10% slope, public water access, and a wooded setting for privacy. Convenient location close to downtown Lexington, shopping, and major routes. Zoned RM-1—ideal for a duplex or small residential build. No mobile homes are allowed. The property allows for single family homes to have at least 1,100 sq ft of heated area, while multi family homes must have at least 700 sq ft for each residence.
This property is also listed on the MLS and is being coordinated with a realtor!
Cash only, no seller financing offered.
Listing Agent
Levi Luhnow
MMC-Land Listed on: 10/15/2025
Property Details
Property Type
- Land
Utilities
- Overhead Utilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $876 | $120,130 | $0 | $0 |
| 2024 | $876 | $120,130 | $0 | $0 |
| 2023 | $852 | $120,130 | $0 | $0 |
| 2022 | $852 | $120,130 | $0 | $0 |
| 2021 | $852 | $120,130 | $0 | $0 |
| 2020 | $663 | $93,550 | $0 | $0 |
| 2019 | $674 | $93,550 | $0 | $0 |
| 2018 | $655 | $93,550 | $0 | $0 |
| 2017 | $655 | $93,550 | $0 | $0 |
| 2016 | $655 | $93,550 | $0 | $0 |
| 2015 | $655 | $93,550 | $0 | $0 |
| 2014 | $671 | $95,880 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2025 10/27/25 | Price Changed | $28,000 | -26.3% | -- | |
| 10/15/2025 10/15/25 | For Sale | $38,000 | -54.8% | -- | |
| 02/17/2017 02/17/17 | Sold | $84,000 | -11.6% | $49 / Sq Ft | View Prior Sale |
| 02/06/2017 02/06/17 | Pending | -- | -- | -- | |
| 01/23/2017 01/23/17 | For Sale | $95,000 | -- | $56 / Sq Ft |
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