Lexington · Lexington, NC
302 Coleman Drive
Lexington, NC · 1,890 sqft
$479,000
- 3Beds
- 2Baths
- 1,890SqFt
- 1998Year
- 150 X 268 X 187 X 194Lot
- 19Days on market
About this home
Enjoy lakefront living on High Rock Lake with this well-appointed lake retreat situated on a rare flat lot in a quiet cove with direct access to the main lake and no bridges. Ideal for boating, relaxing, and entertaining. Features include a large screened porch with water views, floating dock plus PWC dock, fire pit area, and ample parking for vehicles and trailers. Renovated in 2021 with LVP flooring, quartz countertops, updated cabinetry, appliances, windows, lighting, and plumbing fixtures. Roof, HVAC, and water heater. 3BR septic + flex/sleeping spaces. Property has an established rental history with strong potential for increased revenue. Its flat lot, water access, sleeping capacity, and parking make it highly competitive in the High Rock Lake rental market. Whether you are looking for a lake home to enjoy with family and friends, a turnkey short term rental, or a hybrid of both, this property offers the flexibility to do it all while generating income when not in use.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,890
- Lot
- 150 X 268 X 187 X 194
- Year built
- 1998
- Type
- Single Family
- Days on market
- 19
- Heating
- Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
- View
- Water
Features
- Dock - Floating
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,525/ month
- Principal & interest
- $2,966
- Property tax (~1.05%)
- $419
- Homeowners insurance
- $139
- HOA dues
- —
Down payment
$23,950 down · $455,050 financed
Income to qualify (28% rule)
~$151,089 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.