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$169,900
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Property Description
This well-updated cottage sits on a 0.72-acre lot in a quiet rural setting. A large front porch offers a comfortable outdoor space, and the property includes both a carport and a detached two-car garage for parking and storage. Major system updates have already been completed, including a new roof, windows, HVAC system, flooring, water heater, electric panel, and new kitchen appliances. The home is served by well and septic, keeping utility costs low, and there are no city taxes. The lot provides a sense of space and privacy while remaining manageable. Access is by Three Way Lane, a privately maintained gravel road shared by neighboring owners. The road is bumpy and uneven in places. Overall, this property offers a solid balance of modern updates, lower monthly expenses, and a rural location. It is well suited for buyers who value privacy and practicality and are comfortable with a private road in exchange for a quieter setting. Directions: take North Fairvew Dr to Hoods Creek to Cheraw Rd and LEFT onto Three Way Ln. Three Way is not readily accessible if you take Cheraw Rd from Abindgon Rd because you have to make a U turn to go up Three Way. Enter from North Fairview/Hoods Creek direction.
Full Property Details
Full Property Details for 1206 3 Way Ln
General
- Price: $169,900
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4331986
- Updated: 12/30/2025
- Added to Site: 17 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Utility Room
Parking
- Garage: Yes
- Garage Description: 625 Sq. Ft.
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 1
- Parking Features: Attached Carport, Driveway, Detached Garage
Location
- County: Caldwell
- Driving Directions: DO NOT TAKE ABINDGON RD TO CHERAW RD TO THREE WAY LANE. It is a very sharp turn to get onto Three Way Lane from that direction. Instead, take Abindgon Rd, right on North Fairview Drive, left on Hoods Creek, left on Cheraw and then left onto Three Way. Go all the way up, past the brick house on your left and continue up the hill. It is a bumpy dirt road. 1206 Three Way is at the top of the hill.
School Information
- Elementary School: West Lenoir
- Middle School: Gamewell
- High School: West Caldwell
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Installed
- Water: Shared Well
Structural Information
- Architectural Style: Cottage
- Construction: Site Built
- Exterior Const.: Vinyl
- Roof: Architectural Shingle
- Main/1st Level: 1,100 Sq. Ft.
- Year Built: 1973
Lot Features
- Street/Road Desc.: Concrete, Dirt, Gravel
- Elevation (Approx.): 1000
- Lot Features: Cleared, Sloped
- Rcmdd Zoning: RA20
Financial Considerations
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Property ID: 06-67-1-32
- Lot Number: 2143-1236
Listed by Raccoon Realty LLC
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Schools
Schools serving 1206 3 Way Ln
School District:Caldwell County Schools
| Name | Grades | Distance |
|---|---|---|
Valmead Basic 111 Elizabeth Street Northwest, Lenoir, NC 28645 | PK-5 | 2.6 mi |
Gamewell Middle 3210 Gamewell School Road, Lenoir, NC 28645 | 6-8 | 3.4 mi |
West Caldwell High 300 West Caldwell Drive, Lenoir, NC 28645 | 9-12 | 2.3 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 1206 3 Way Ln
Date
Details
Price
Change
Source
12/30/2025
Listed
$169,900
126.53%
MLS
8/28/2025
Sold
$75,000
—
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 1206 3 Way Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$646
7%
$144,500
76%
2022
$601
—
$82,000
—
2021
$601
8%
$82,000
9%
2020
$555
-2%
$75,400
—
2019
$566
—
$75,400
—
2017
$566
—
$75,400
—
2016
$564
5%
$75,400
—
2015
$536
—
$75,400
—
2014
$536
—
$75,400
—
2013
$536
—
$75,400
—
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 1206 3 Way Ln
1206 Three Way Lane, Lenoir, NC 28645 (MLS# 4331986) is a Single Family property with 3 bedrooms and 1 full bathroom. 1206 Three Way Lane is currently listed for $169,900 and was received on December 30, 2025. Want to learn more about 1206 Three Way Lane? Do you have questions about finding other Single Family real estate for sale in Lenoir? You can browse all Lenoir real estate or contact a Coldwell Banker agent to request more information.

