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$316,000 Just Listed
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Property Description
Nestled on a beautifully cleared approximately 0.75-acre lot, this property offers an expansive outdoor space and endless possibilities. Move-in-ready 4 Bedrooms / 3 Full Baths ranch with an open-concept floor plan. Recent updates include fresh interior paint, new LVP flooring throughout, and a new roof in 2024. Spacious living and dining areas provide a functional layout for everyday living and entertaining. The kitchen opens to the main living space. Split-bedroom layout with the primary suite located on the opposite side of the home for added privacy, featuring a spacious walk-in closet and private en-suite bath. The secondary bedroom also has its own private bathroom, ideal for guests or multigenerational living. The new covered back porch offers a great outdoor living space, and a new front porch enhances curb appeal.Well-maintained with major updates completed-ready for a new owner. Seller states no permits were obtained for the primary bathroom renovation. Please read Agent Only
Full Property Details
Full Property Details for 501 Lake Dr
General
- Price: $316,000
- Taxes: $2,276
- Status: Active
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1217339
- Updated: 5/4/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 7
- Number of Fireplaces: 1
- Fireplace(s): Great Room
- Appliances: Electric Water Heater
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 4
- 1st/Main Floor Primary: Yes
Exterior
- Patio/Terrace: Yes
Parking
- Parking Features: Gravel
Location
- County: Randolph
- Subdivision: Lake Terrace Park
- Driving Directions: Take I-85 to NC-62 S toward Archdale. Turn onto Lake Dr, property on the left.
- City Limits: Yes
School Information
- Elementary School: Call School Board
- Middle School: Call School Board
- High School: Call School Board
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: One
- Heated/Cooled: 1,760 Sq. Ft.
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.75
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot, Cleared
- Fencing (Description): None
Financial Considerations
- Price Per Acre: $421,333.3333
- Tax Amount: $2,276.59
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
- Lot Number: 28, 29, 30.31, 32, 33.34.35
Listed by United Realty Group Inc
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Schools
Schools serving 501 Lake Dr
School District:Randolph County Schools
| Name | Grades | Distance |
|---|---|---|
Archdale Elementary School 207 Trindale Road, Archdale, NC 27263 | PK-5 | 0.8 mi |
Trinity Middle School 5271 Surrett Drive, Archdale, NC 27263 | 6-8 | 1.7 mi |
Trinity High 5746 Trinity High School Drive, Trinity, NC 27370 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 Lake Dr
Date
Details
Price
Change
Source
4/24/2026
Listed
$316,000
351.43%
MLS
5/14/2024
Sold
$70,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,656
3%
$218,840
37%
2024
$1,615
—
$159,160
2%
2023
$1,615
38%
$156,780
59%
2022
$1,167
—
$98,480
—
2021
$1,167
2%
$98,480
—
2020
$1,140
—
$98,480
—
2019
$1,140
—
$98,480
2%
2018
$1,143
2%
$96,220
—
2017
$1,120
—
$96,220
—
2016
$1,120
—
$96,220
—
2015
$1,122
—
$96,220
—
2014
$1,122
-4%
$96,220
-9%
2013
$1,173
—
$105,690
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 Lake Dr
501 Lake Drive, Archdale, NC 27263 (MLS# 1217339) is a Single Family property with 4 bedrooms and 3 full bathrooms. 501 Lake Drive is currently listed for $316,000 and was received on May 01, 2026. Want to learn more about 501 Lake Drive? Do you have questions about finding other Single Family real estate for sale in Archdale? You can browse all Archdale real estate or contact a Coldwell Banker agent to request more information.

