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$219,000 Just Listed
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Property Description
Opportunity awaits in this charming brick ranch just minutes from I-85 and Hwy 321. This home provides a flexible layout and generous square footage ready for your vision. Previous renovations were started, creating an open canvas for an investor or buyer looking to customize and make it their own. The property features 3 bedrooms and 3 bathrooms (3rd bathroom not permitted) a flex space, perfect for home gym, office or could be used as a 4th bedroom (septic only allows for 3), a fenced backyard, a large workshop ideal for storage or projects, and an automated gate at the driveway that allows for secure additional parking. A rear addition and additional bathroom were added by a previous owner. With strong bones, a convenient location, and unique features already in place, this property presents a great opportunity for renovation, rental potential, or resale. Being sold as-is.
Full Property Details
Full Property Details for 157 Downey Lake Rd
General
- Price: $219,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4349774
- Updated: Today (2/23/2026)
- Added to Site: Today
Interior
- Appliances: Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Laundry Room
Parking
- Parking Features: Driveway
Location
- County: Gaston
- Subdivision: Rocky Knolls Acres
School Information
- Elementary School: Costner
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Installed
- Water: City
Structural Information
- Architectural Style: Ranch
- Construction: Site Built
- Exterior Const.: Brick Full
- Main/1st Level: 1,280 Sq. Ft.
- Year Built: 1972
Lot Features
- Street/Road Desc.: Concrete
- Fencing (Description): Back Yard, Privacy
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 171080
- Lot Number: 5605-1742
Listed by EXP Realty LLC Ballantyne
Get Pre-Approved Today
Schools
Schools serving 157 Downey Lake Rd
School District:Gaston County Schools
| Name | Grades | Distance |
|---|---|---|
Costner Elementary School 353 Old 277 Loop Hwy, Dallas, NC 28034 | PK-5 | 1.5 mi |
William C Friday Middle School 1221 Ratchford Road, Dallas, NC 28034 | 6-8 | 2 mi |
North Gaston High School 1133 Ratchford Road, Dallas, NC 28034 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 157 Downey Lake Rd
Date
Details
Price
Change
Source
2/23/2026
Listed
$219,000
46%
MLS
12/11/2025
Sold
$150,000
—
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 157 Downey Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,944
3%
$280,300
3%
2023
$1,893
73%
$272,330
129%
2022
$1,095
-2%
$119,030
—
2021
$1,121
2%
$119,030
—
2020
$1,097
29%
$119,030
32%
2017
$848
—
$89,919
—
2016
$848
1%
$89,919
—
2015
$839
-24%
$89,919
-24%
2019
$1,109
36%
$119,030
36%
2013
$817
—
$87,552
—
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 157 Downey Lake Rd
157 Downey Lake Road, Dallas, NC 28034 (MLS# 4349774) is a Single Family property with 3 bedrooms and 2 full bathrooms. 157 Downey Lake Road is currently listed for $219,000 and was received on February 23, 2026. Want to learn more about 157 Downey Lake Road? Do you have questions about finding other Single Family real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

