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$660,000
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Property Description
RARE OPPORTUNITY! 9.86-acre turn-key mini-farm featuring a 2.25% ASSUMABLE VA LOAN for qualified buyers. Entirely enclosed with perimeter fencing and an automatic gate, this former alpaca farm is perfectly suited for horses or livestock. The 2,157 sqft 3BR/2.5BA farmhouse features a brand-new roof, a wrap-around stone porch with new hand rails, and a large bonus room. A concrete driveway leads past a private pond frequently visited by local waterfowl. Superior infrastructure is in place: a large barn with water and electricity, an intercom system to the house, a 12.5 kW generator that powers the home and the barn, a livestock shed, a chicken coop, and 6 distinct pens for animal management. Additional features include city water, 5G cell service, broadband internet, and a pre-paid one-year alarm contract. No HOA or deed restrictions. The seller is offering various farm equipment for separate purchase or negotiation.
Full Property Details
Full Property Details for 271 Palomino Trail
General
- Sold For: $660,000
- Taxes: $1,870
- Status: Closed
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1211476
- Added to Site: 165 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s), Dead Bolt(s), Kitchen Island
- Number of Fireplaces: 1
- Fireplace(s): Blower Fan, Gas Log, Living Room
- Appliances: Microwave, Dishwasher, Free-Standing Range, Electric Water Heater
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Upper - Full Baths: 1
- Main Floor Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- 1st/Main Floor Primary: Yes
Other Rooms
- Laundry: Dryer Connection, Main Level, Washer Hookup
Additional Information
- Security/Safety: Security System
Exterior
- Patio/Terrace: Yes
Parking
- Garage Description: Attached Garage
- Garage Spaces: 2
- Parking Features: Driveway, Garage, Paved, Attached
Location
- County: Davidson
- Subdivision: Eller Acres
- Driving Directions: Old Hwy 52 South, Left on Midway School Rd, Rigth on Palomino Trail, House at the end of the cul-de-sac
School Information
- Elementary School: Midway
- Middle School: Oak Grove
- High School: Oak Grove
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Style: Farmhouse
- Exterior Const.: Wood Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Drive-In Doors: Insulated Doors
- Stories/Levels: Two
- Square Feet: 2,157
- Living Area: 2,157 Sq. Ft.
- Heated/Cooled: 2,157 Sq. Ft.
- Year Built: 1998
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 9.86
- Road Maintenance: Private Maintained Road
- Fence: Yes
- Lot Features: Horses Allowed, Cul-De-Sac, Partially Cleared, Partially Wooded
- Fencing (Description): Fenced, Privacy
Financial Considerations
- Price Per Acre: $66,937.1197
- Tax Amount: $1,870
- Terms: Assumable, Cash, Conventional, Fannie Mae, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Mossy Oak Properties Land and Farm Realty
Sold by Local R.E. Inc.
Get Pre-Approved Today
Schools
Schools serving 271 Palomino Trail
School District:Davidson County Schools
| Name | Grades | Distance |
|---|---|---|
Midway Elementary, Lexington, NC 318 Midway School Road, Lexington, NC 27295 | K-5 | 0.3 mi |
Oak Grove Middle School 1771 Hoy Long Road, Winston-Salem, NC 27107 | 6-8 | 2.6 mi |
Oak Grove High 3507 Midway School Road, Winston-Salem, NC 27107 | 9-12 | 2.8 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 271 Palomino Trail
Date
Details
Price
Change
Source
6/29/2026
Sold
$660,000
1.54%
MLS
3/12/2026
Listed
$649,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
271 Palomino Trail, Lexington, NC 27295 (MLS# 1211476) is a Single Family property that was sold at $660,000 on June 29, 2026. Want to learn more about 271 Palomino Trail? 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.

