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$757,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 2 Partial Baths
  • 1 Acres
  • 3 Car Garage
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Seller relocating; a rare opportunity for this stunning home. This thoughtfully curated home blends timeless design with effortless livability. Soaring ceilings, rich hardwoods, and custom built-ins create a warm yet elevated interior, while the open-concept living and chef's kitchen flow seamlessly for both everyday living and entertaining. The main-level primary suite offers a private retreat, complemented by generous secondary spaces and flexible living areas. Outdoors: experience a true backyard sanctuary, screened porch, expansive decking, and a fenced setting all centered around a saltwater pool. Extensive updates throughout (see attached list). Ideally located with access to highly sought-after schools and just minutes to shopping, dining, and major conveniences. An exceptional opportunity to own a home where design, comfort, and location come together effortlessly! More photos coming soon.

Full Property Details for 1053 Terrace Dr

General

  • Price: $757,000
  • HOA FEE: $9/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,633
  • Status: Pending
  • Type: Single Family
  • Source: Triad_MLS
  • MLS ID: 1218360
  • Updated: 5/3/2026
  • Added to Site: 23 day(s) ago

Interior

  • Interior Features: Arched Doorways, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Freestanding Tub, Kitchen Island, Pantry, Separate Shower, Vaulted Ceiling(s)
  • Number of Fireplaces: 1
  • Fireplace(s): Gas Log, Living Room
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Range Hood, Water Purifier, Gas Water Heater, Tankless Water Heater
  • Flooring: Carpet, Concrete, Tile, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Upper - Full Baths: 1
  • Main Floor Baths: 3
  • Main - Full Baths: 2
  • Main - 1/2 Baths: 1
  • Lower - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • 1st/Main Floor Primary: Yes

Other Rooms

  • Laundry: Dryer Connection, Main Level, Washer Hookup

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, Private
  • Security/Safety: Security System, Smoke Detector(s)

Exterior

  • Exterior Features: Lighting
  • Patio/Terrace: Yes

Parking

  • Garage Description: Attached Garage
  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached

Location

  • County: Davidson
  • Subdivision: Meadow Lily
  • Driving Directions: From I-85, take exit 91 for NC-8 toward Lexington. Follow NC-8 S, then turn right onto Enterprise Rd. Turn left onto Meadow Lily Dr, then right onto Terrace Dr. Home will be on the right.

School Information

  • Elementary School: Friedberg
  • Middle School: Oak Grove
  • High School: Oak Grove

Community

  • Association: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Forced Air, Heat Pump, Electric, Propane
  • Heating Fuel: Electric, Propane Gas
  • Water Heater: Gas, Tankless

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Exterior Const.: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Basement
  • Stories/Levels: Two
  • Heated/Cooled: 3,643 Sq. Ft.
  • Year Built: 2007

Lot Features

  • Lot Size (Acres): 1
  • Lot Dimensions: 41' x 75' x 305' x 221' x 284'
  • Road Maintenance: Public Maintained Road
  • Fence: Yes
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Acre: $757,000
  • Association Fee: $105
  • Assoc Fee Freq.: Annually
  • Tax Amount: $3,633.66
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: Owner Sale
  • Deed Restrictions: Yes
  • Lot Number: 9

Listed by Realty One Group Results

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— 1053 Terrace Dr —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1053 Terrace Dr

School District:Davidson County Schools
NameGradesDistance
Friedberg Elementary
1131 Friedberg Church Road, Winston-Salem, NC 27127
K-51.4 mi
Oak Grove Middle School
1771 Hoy Long Road, Winston-Salem, NC 27107
6-87.1 mi
Oak Grove High
3507 Midway School Road, Winston-Salem, NC 27107
9-127.2 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 1053 Terrace Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/01/2026
Listed
$757,000
7.76%
MLS
1/11/2024
Sold
$702,500
—
Public Record
Get Price Alerts and Save Property
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 for 1053 Terrace Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,579
7%
$567,760
7%
2024
$3,334
-2%
$528,870
—
2023
$3,385
—
$528,870
—
2022
$3,385
2%
$528,870
—
2021
$3,334
12%
$528,870
10%
2019
$2,982
—
$481,030
—
2018
$2,982
—
$481,030
—
2017
$2,982
—
$481,030
—
2016
$2,982
—
$481,030
—
2015
$2,982
-2%
$481,030
-2%
2014
$3,048
—
$491,640
—
View All
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 for 1053 Terrace Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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1053 Terrace Drive, Lexington, NC 27295 (MLS# 1218360) is a Single Family property with 5 bedrooms, 3 full bathrooms and 2 partial bathrooms. 1053 Terrace Drive is currently listed for $757,000 and was received on May 01, 2026. Want to learn more about 1053 Terrace Drive? Do you have questions about finding other Single Family real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

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