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Listing provided courtesy of Southern Signature Properties- MLS# 1226176MLS Provider

704 Terrace DriveLexington, NC 27295

Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 2,464 Sq. ft. | 0.86 Acres
$625,000 Active

704 Terrace Drive Overview

Time on Site:
4 hours
Visits:
0

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.

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704 Terrace Drive Facts & Features

  • Type Single Family
  • Sq. ft. 2,464
  • Price/Sq.ft. $254
  • Lot 0.86 Acres

Details

General

Association/HOA

  • Association Fee: $125.00
  • Association Fee Frequency: Annually
  • Association: Yes

School Information

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

Building Information

  • Year Built: 2017

Location/Region

  • County Or Parish: Davidson
  • Subdivision Name: Meadow Lily

Tax Information

  • Tax Annual Amount: $2,780.00

General Information

  • Exclusions: Wooden Coat Rack In Main Garage
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Property Sub Type: Stick/Site Built
  • Property Type: Residential
  • Special Listing Conditions: Owner Sale
  • Zoning: RA1

Interior

Building Information

  • Attic Description: Pulldown Stairs
  • Full Baths Lower: 0
  • Full Baths Main: 2
  • Full Baths Upper: 0
  • Garage Description: Attached Garage,Side Load Garage
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Heated Finished SqftF Main: 2464
  • Heating Fuel: Electric,Natural Gas
  • Primary On Main: Yes
  • Water Heater: Gas

Parking Information

  • Garage Spaces: 3

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 2464
  • Building Area Total: 2464

General Information

  • Appliances: Microwave, Dishwasher, Free-Standing Range, Gas Water Heater
  • Cooling: Central Air
  • Fireplace Features: Gas Log,Living Room
  • Fireplaces Total: 1
  • Flooring: Carpet, Vinyl, Wood
  • Heating: Heat Pump, Electric, Natural Gas
  • Interior Features: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Laundry Features: Dryer Connection,Main Level,Washer Hookup
  • Levels: One
  • Living Area: 2464
  • Main Level Bathrooms: 2
  • Rooms Total: 7

Exterior

Building Information

  • Porch: Yes

Parking Information

  • Parking Features: Driveway, Garage, Garage Door Opener, Attached, Garage Faces Side

Lot Information

  • Lot Features: Subdivided
  • Lot Size Acres: 0.86
  • Road Responsibility: Public Maintained Road
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Brick, Stone
  • Structure Type: House

General Information

  • Pool Features: None
  • Sewer: Septic Tank

Room Information

Room: Bedroom 2

  • Level: Main
  • Area: 221.625
  • Area Units: Square Feet
  • Dimensions: 13ft 6in x 16ft 5in
  • Length: 16.416666666
  • Width: 13.5
  • Length/Width Units: Feet

Room: Bedroom 3

  • Level: Main
  • Area: 139.347222222
  • Area Units: Square Feet
  • Dimensions: 10ft 7in x 13ft 2in
  • Length: 13.166666666
  • Width: 10.583333333
  • Length/Width Units: Feet

Room: Dining Room

  • Level: Main
  • Area: 167.166666666
  • Area Units: Square Feet
  • Dimensions: 11ft 4in x 14ft 9in
  • Length: 14.75
  • Width: 11.333333333
  • Length/Width Units: Feet

Room: Kitchen

  • Level: Main
  • Area: 223.708333333
  • Area Units: Square Feet
  • Dimensions: 14ft 9in x 15ft 2in
  • Length: 15.166666666
  • Width: 14.75
  • Length/Width Units: Feet

Room: Laundry

  • Level: Main
  • Area: 71.333333333
  • Area Units: Square Feet
  • Dimensions: 8ft 0in x 8ft 11in
  • Length: 8.916666666
  • Width: 8
  • Length/Width Units: Feet

Room: Living Room

  • Level: Main
  • Area: 376.875
  • Area Units: Square Feet
  • Dimensions: 16ft 9in x 22ft 6in
  • Length: 22.5
  • Width: 16.75
  • Length/Width Units: Feet

Room: Primary Bedroom

  • Level: Main
  • Area: 266.083333333
  • Area Units: Square Feet
  • Dimensions: 15ft 6in x 17ft 2in
  • Length: 17.166666666
  • Width: 15.5
  • Length/Width Units: Feet

Find, Buy & Move into Your Home with Us.

Instead of having a mortgage team here, an insurance agent there, a REALTOR® down the street, an inspector and a moving company across town, you have one team with one goal and one focus: you. Ask for “All-Inclusive” Buying.

Enjoy the sense of confidence knowing your Long & Foster full team can handle it all. Your agent is supported by a team of specialists in Mortgage, Insurance, Title, Inspection, Moving and Property Management who are there to guide you every step of the way. They’ll make sure things run smoothly, closing happens on time, and you arrive at your dream home according to plan.

Accolades:
98 %
Customer
Satisfaction
4.8

311 Reviews
Top Services:
  • Buying
  • Selling
  • Rental Properties
  • Investment Properties
  • Luxury Properties
Key Advantages:
  • Be your guide with expert knowledge of your area
  • Help find your home and offer objective information and opinions
  • Stand in your corner during negotiations
  • Assist with paperwork and details to get you to closing
  • Connect you to vendors if work is needed

Our mortgage affiliate, Prosperity Home Mortgage, will get you approved for a mortgage before shopping for a home. This will make your offer stand out and give you an edge in a highly competitive market. If you are already pre-approved, no problem, we can take a “second look” and try to get you even better terms.

Accolades:
97 %
Customer
Satisfaction
5.0

3,803 Reviews
Top Services:
  • Fixed & adjustable rate mortgages
  • FHA and VA mortgage programs
  • Rapid Close™
  • USDA Loans
Key Advantages:
  • Full suite of mortgage programs to meet your specific needs
  • Friendly professionals guide through every step of the loan process
  • We help you find and lock in on the market’s best interest rate
  • We work closely with your title company to ensure accurate closing

We help you make good decisions when you’re buying a home and learn how to be a better homeowner after you move-in. We streamline your inspection journey, provide thorough and accurate results, and get you to closing peacefully. Schedule a confirmed inspection online 24x7.

Accolades:
97 %
Customer
Satisfaction
5.0

240 Reviews
Top Services:
  • Home Inspection
  • Radon Gas
  • Termite Inspection
  • Test Indoor Air Quality
  • Pay at Closing*
Key Advantages:
  • Scheduling online 24x7 confirm a convenient date & time for you & your agents
  • High-tech journey makes it easy to sign agreement, make payment, view reports
  • One stop shop for home, radon & termite
  • Knowledgeable, friendly inspectors teach you about your home and property
  • Custom homeowner’s manual teaches you how to maintain your home

* A Long & Foster exclusive benefit. If you work with RGS Title or Sage Title Group and Insight Inspections, your can enjoy a $55 discount and the flexibility to pay for the inspection at settlement. This new approach combines the best of both the title and inspection worlds, creating a seamless and integrated journey.

We carefully examine your new home’s title, get your legal documents in order, and safeguard your investment. With a team of specialists who expect the unexpected, you can anticipate an on-time, worry-free closing.

Accolades:
97 %
Customer
Satisfaction
4.9

Reviews
Top Services:
  • Title Search & Status
  • Title Insurance
  • Document Prep
  • Closing Coordination
  • Filing & Recording
Key Advantages:
  • Ensure that there are no unresolved claims or liens on your home’s title
  • Help secure insurance against unexpected title challenges
  • Prepare closing paperwork to ensure documents are in compliance with laws
  • Coordinate with all parties to schedule final closing
  • File & record your paperwork with the courthouse

We help you secure the proper coverage at a competitive price to protect your largest investment — your home. Our insurance agents work closely with you to understand your risk exposures, educate you on your options, protect you from the unexpected, and develop insurance strategies to offer ongoing service to address your ever-changing insurance needs.

Accolades:
98 %
Customer
Satisfaction
4.9

77 Reviews
Top Services:
  • Home Insurance
  • Auto Insurance
  • Umbrella Insurance
  • Motorcycle, Boat, RV and more
Key Advantages:
  • Specialize in real estate and bundle other policies for savings
  • Work with 10+ leading carriers to secure the best coverage at the best cost
  • Save you time by shopping for you
  • We’re independent - we find and present you with the best offers and let you decide
  • Guide you with ongoing service and support

We ensure a smooth, stress-free move so you can start enjoying your new home as soon as you move in. Whether you’re headed down the street or across the country, our moving specialists will make sure you don’t have to lift a finger.

Accolades:
98 %
Customer
Satisfaction
4.6

953 Reviews
Top Services:
  • Packing & Unpacking
  • Decluttering
  • Storage
  • Local or Long Distance
  • International Moving
Key Advantages:
  • 30-minute guided virtual survey with next business day Guaranteed quote
  • Best Price Guarantee*†
  • 2-months free storage*‡
  • $20,000 full value protection*
  • Personal move concierge - from first call until last box is delivered

* Long & Foster Customers Only. † Examples of qualified movers: any major van line (United, Mayflower, Atlas, North American, etc) for local: JK, Hilldrup, Town and Country, Able, Interstate, All my Sons, Olympia, Gentle Giant. ‡ 2 Months Free Storage Program: If you’re moving from DE, MD, DC or VA and to DE, MD, DC or VA, we offer 2 months of free storage for all of the contents of your home. There is no charge for the storage of the items for 2 months. There is a cost for pickup of the items to go to storage and for delivery of items from storage to the new home.

We are the next generation of property management. With our streamlined processes, best-in-class service, and transparent financial updates, we help investors achieve financial success through real estate.

Accolades:
98 %
Customer
Satisfaction
4.8

120 Reviews
Top Services:
  • Property Surveys
  • Marketing
  • Tenant Screening
  • Maintenance
  • Lease Enforcement
Key Advantages:
  • We’ll guide and help identify the right properties to invest in
  • Use of smart devices, predictive data and analytics to help maintain properties
  • Get more free time when we handle billing and payments
  • We continuously monitor state and federal landlord/tenant laws
  • Become more knowledgeable with quarterly portfolio reviews & guidance

  • Enjoy the sense of confidence knowing your Long & Foster full team can handle it all. Your agent is supported by a team of specialists in Mortgage, Insurance, Title, Inspection, Moving and Property Management who are there to guide you every step of the way. They’ll make sure things run smoothly, closing happens on time, and you arrive at your dream home according to plan.

    Accolades:
    98 %
    Customer
    Satisfaction
    4.8

    311 Reviews
    Top Services:
    • Buying
    • Selling
    • Rental Properties
    • Investment Properties
    • Luxury Properties
    Key Advantages:
    • Be your guide with expert knowledge of your area
    • Help find your home and offer objective information and opinions
    • Stand in your corner during negotiations
    • Assist with paperwork and details to get you to closing
    • Connect you to vendors if work is needed

  • Our mortgage affiliate, Prosperity Home Mortgage, will get you approved for a mortgage before shopping for a home. This will make your offer stand out and give you an edge in a highly competitive market. If you are already pre-approved, no problem, we can take a “second look” and try to get you even better terms.

    Accolades:
    97 %
    Customer
    Satisfaction
    5.0

    3,803 Reviews
    Top Services:
    • Fixed & adjustable rate mortgages
    • FHA and VA mortgage programs
    • Rapid Close™
    • USDA Loans
    Key Advantages:
    • Full suite of mortgage programs to meet your specific needs
    • Friendly professionals guide through every step of the loan process
    • We help you find and lock in on the market’s best interest rate
    • We work closely with your title company to ensure accurate closing

  • We carefully examine your new home’s title, get your legal documents in order, and safeguard your investment. With a team of specialists who expect the unexpected, you can anticipate an on-time, worry-free closing.

    Accolades:
    97 %
    Customer
    Satisfaction
    4.9

    Reviews
    Top Services:
    • Title Search & Status
    • Title Insurance
    • Document Prep
    • Closing Coordination
    • Filing & Recording
    Key Advantages:
    • Ensure that there are no unresolved claims or liens on your home’s title
    • Help secure insurance against unexpected title challenges
    • Prepare closing paperwork to ensure documents are in compliance with laws
    • Coordinate with all parties to schedule final closing
    • File & record your paperwork with the courthouse

  • We help you secure the proper coverage at a competitive price to protect your largest investment — your home. Our insurance agents work closely with you to understand your risk exposures, educate you on your options, protect you from the unexpected, and develop insurance strategies to offer ongoing service to address your ever-changing insurance needs.

    Accolades:
    98 %
    Customer
    Satisfaction
    4.9

    77 Reviews
    Top Services:
    • Home Insurance
    • Auto Insurance
    • Umbrella Insurance
    • Motorcycle, Boat, RV and more
    Key Advantages:
    • Specialize in real estate and bundle other policies for savings
    • Work with 10+ leading carriers to secure the best coverage at the best cost
    • Save you time by shopping for you
    • We’re independent - we find and present you with the best offers and let you decide
    • Guide you with ongoing service and support

  • We help you make good decisions when you’re buying a home and learn how to be a better homeowner after you move-in. We streamline your inspection journey, provide thorough and accurate results, and get you to closing peacefully. Schedule a confirmed inspection online 24x7.

    Accolades:
    97 %
    Customer
    Satisfaction
    5.0

    240 Reviews
    Top Services:
    • Home Inspection
    • Radon Gas
    • Termite Inspection
    • Test Indoor Air Quality
    • Pay at Closing*
    Key Advantages:
    • Scheduling online 24x7 confirm a convenient date & time for you & your agents
    • High-tech journey makes it easy to sign agreement, make payment, view reports
    • One stop shop for home, radon & termite
    • Knowledgeable, friendly inspectors teach you about your home and property
    • Custom homeowner’s manual teaches you how to maintain your home

    * A Long & Foster exclusive benefit. If you work with RGS Title or Sage Title Group and Insight Inspections, your can enjoy a $55 discount and the flexibility to pay for the inspection at settlement. This new approach combines the best of both the title and inspection worlds, creating a seamless and integrated journey.

  • We ensure a smooth, stress-free move so you can start enjoying your new home as soon as you move in. Whether you’re headed down the street or across the country, our moving specialists will make sure you don’t have to lift a finger.

    Accolades:
    98 %
    Customer
    Satisfaction
    4.6

    953 Reviews
    Top Services:
    • Packing & Unpacking
    • Decluttering
    • Storage
    • Local or Long Distance
    • International Moving
    Key Advantages:
    • 30-minute guided virtual survey with next business day Guaranteed quote
    • Best Price Guarantee*†
    • 2-months free storage*‡
    • $20,000 full value protection*
    • Personal move concierge - from first call until last box is delivered

    * Long & Foster Customers Only. † Examples of qualified movers: any major van line (United, Mayflower, Atlas, North American, etc) for local: JK, Hilldrup, Town and Country, Able, Interstate, All my Sons, Olympia, Gentle Giant. ‡ 2 Months Free Storage Program: If you’re moving from DE, MD, DC or VA and to DE, MD, DC or VA, we offer 2 months of free storage for all of the contents of your home. There is no charge for the storage of the items for 2 months. There is a cost for pickup of the items to go to storage and for delivery of items from storage to the new home.

  • We are the next generation of property management. With our streamlined processes, best-in-class service, and transparent financial updates, we help investors achieve financial success through real estate.

    Accolades:
    98 %
    Customer
    Satisfaction
    4.8

    120 Reviews
    Top Services:
    • Property Surveys
    • Marketing
    • Tenant Screening
    • Maintenance
    • Lease Enforcement
    Key Advantages:
    • We’ll guide and help identify the right properties to invest in
    • Use of smart devices, predictive data and analytics to help maintain properties
    • Get more free time when we handle billing and payments
    • We continuously monitor state and federal landlord/tenant laws
    • Become more knowledgeable with quarterly portfolio reviews & guidance

704 Terrace Drive Neighborhood

Community

27295 (LEXINGTON) Demographics

43
Median Age
301
Population Density (per sq. mile)
29%
College Educated
$50,426
Estimated Median Income
11,484
Estimated Total Home Owners
4,327
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

704 Terrace Drive Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

704 Terrace Drive Market Data

Based on the last 30 days in this zip code

$408,483
Average List Price
$175
Average Price per Square Foot
0
Properties Sold
93
Average Days on Market
36
Properties for Sale
Calculations provided by Reliance Network

704 Terrace Drive History

Date Event Value Agent
6/30/2026Source: Triad MLS Added to Database
June 30, 2026