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$625,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,464 Sq. Ft.
  • 0.86 Acres
  • 3 Car Garage
  • Updated 8 days ago

Next open house:

Open House: 2:00 PM - 4:00 PM

Sunday 7/12 2:00 PM - 4:00 PM

704 Terrace Drive,Lexington, NC 27295

704 Terrace DriveLexingtonNC27295

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Custom built in 2017 w thoughtful design & exceptional craftsmanship, this meticulously maintained brick home in Meadow Lily was created w comfort & longevity in mind. From the wide 36" interior doors & accessibility features to the smart custom upgrades throughout, every detail was carefully planned. Split bedroom floor plan w 3 bedrooms, 2.5 baths & 36" doorways. Take note: Oversized 3 bay garage w 10' doors featuring an extra-deep bay for larger vehicles. Open layout, formal dining space, beautiful hardwoods, pocket doors, spacious living areas, & stunning primary suite with tray ceiling & dual closets. The huge laundry room is a bonus you'll appreciate every day! Step outside to enjoy the covered brick patio, professionally landscaped yard with irrigation, & custom touches including RV hookup, generator wiring, & dual 50-amp services. Located in the sought after Friedberg & Oak Grove school districts, this one truly blends comfort, functionality, & quality construction.

Full Property Details for 704 Terrace Dr

General

  • Price: $625,000
  • HOA FEE: $10/month
  • HOA FEE FREQ.: Annually
  • Taxes: $2,780
  • Status: Active
  • Type: Single Family
  • Source: Triad_MLS
  • MLS ID: 1226176
  • Updated: 6/30/2026
  • Added to Site: 8 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Number of Fireplaces: 1
  • Fireplace(s): Gas Log, Living Room
  • Appliances: Microwave, Dishwasher, Free-Standing Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • 1st/Main Floor Primary: Yes

Other Rooms

  • Laundry: Dryer Connection, Main Level, Washer Hookup

Exterior

  • Patio/Terrace: Yes

Parking

  • Garage Description: Attached Garage, Side Load Garage
  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached, Garage Faces Side

Location

  • County: Davidson
  • Subdivision: Meadow Lily
  • Driving Directions: Hwy 150S to left on Meadowlark, Right on Terrace, house on left

School Information

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

Community

  • Association: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Heat Pump, Electric, Natural Gas
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Architectural Style: Ranch
  • Exterior Const.: Brick, Stone
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Stories/Levels: One
  • Square Feet: 2,464
  • Heated/Cooled: 2,464 Sq. Ft.
  • Year Built: 2017

Lot Features

  • Lot Size (Acres): 0.86
  • Road Maintenance: Public Maintained Road
  • Lot Features: Subdivided

Financial Considerations

  • Price Per Acre: $726,744.186
  • Association Fee: $125
  • Assoc Fee Freq.: Annually
  • Tax Amount: $2,780
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Owner Sale
  • Deed Restrictions: Yes
  • Exclusions: Wooden Coat Rack In Main Garage
  • Lot Number: 21

Listed by Southern Signature Properties

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Listing agent

— 704 Terrace Dr —

  • Southern Signature Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 704 Terrace Dr

School District:Davidson County Schools
NameGradesDistance
Friedberg Elementary
1131 Friedberg Church Road, Winston-Salem, NC 27127
K-51.7 mi
Oak Grove Middle School
1771 Hoy Long Road, Winston-Salem, NC 27107
6-87.3 mi
Oak Grove High
3507 Midway School Road, Winston-Salem, NC 27107
9-127.4 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 704 Terrace Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Listed
$625,000
1288.89%
MLS
12/19/2016
Sold
$45,000
—
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 704 Terrace Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,738
—
$434,260
—
2024
$2,738
-1%
$434,260
—
2023
$2,779
—
$434,260
—
2022
$2,779
1%
$434,260
—
2021
$2,738
16%
$434,260
14%
2019
$2,352
—
$379,310
—
2018
$2,352
743%
$379,310
743%
2017
$279
—
$45,000
—
2016
$279
—
$45,000
—
2014
$279
-11%
$45,000
—
2013
$312
—
$45,000
—
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.

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NMLS#: 1598647

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Listed by Southern Signature Properties

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704 Terrace Drive, Lexington, NC 27295 (MLS# 1226176) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 704 Terrace Drive is currently listed for $625,000 and was received on June 30, 2026. Want to learn more about 704 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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