OFF MARKET

Off market sep 2025 for $175K

$195,001

Est. refi paymentEst. refi $1,391/mo

•

937

sq ft

118 Downey Lake Rd, Dallas, NC 28034

About this home

Charming 1930's home with endless potential. While well-maintained and perfectly livable, many areas are ready for updates—offering a rare opportunity to blend vintage appeal with modern comforts. Whether you're a renovator, investor, or a homeowner with vision, this property presents a wonderful canvas in a location that continues to grow in value. The main floor has 2 bedrooms and 1 full bath, while the basement is great for a potential office, den, or playroom. Ample storage space in basement. Detached outbuilding is wired making it an ideal workshop. Detached carport. Beautiful lot with gentle slope to rear tree line. Just outside of the city limits, the home is conveniently located to shopping and restaurants. Minutes to Highway 321 with easy access to Gastonia and Charlotte. Don't miss this affordable home that can be lived in and updated later!

Single-familyProperty Type

1930Year Built

0.69 acresLot Size

$208Est. Price/Sq.Ft.

Listed by Toni Whiteside • Toni Whiteside Real Estate LLC

Contact: toniwrealestate@gmail.com

Bought with Susan Huntsinger • Huntsinger Real Estate

Redfin checked: 2 minutes ago

•Source:CANOPYMLS as Distributed by MLS Grid #4286812

Redfin Estimate

$195,001

$20K since sold in September 2025$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 32.2% higher than the average sale price ($148K) of 6 comparable homes.

SOLD AUG 7, 2026
$198,075
A
2 beds1 bath841 sq ft
601 W Main St, Dallas, NC 28034
SOLD SEP 24, 2026
$175,000
B
2 beds1 bath1,278 sq ft
511 E Trade St, Dallas, NC 28034
SOLD AUG 17, 2026
$131,500
C
3 beds1 bath1,040 sq ft
119 Stedman Rd, Dallas, NC 28034
SOLD JUN 12, 2026
$80,500
D
2 beds1 bath749 sq ft
415 S Maple St S, Dallas, NC 28034
SOLD MAR 26, 2026
$134,000
E
3 beds1 bath1,002 sq ft
1644 Rankin Lake Rd, Gastonia, NC 28054
SOLD APR 10, 2026
$166,000
F
2 beds1 bath946 sq ft
507 S Maple St, Dallas, NC 28034

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Earn from this home

Sell

$43,623

Est. take-home

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Refinance

Est. cash available

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Rent

$1,465/mo

Redfin rental estimate

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Market trends in 28034, NC

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.6%

+0.6% MoM

Median sale price

$299K

$9K MoM

Avg. days on market

69d

20 days MoM

Recently sold homes

1 MoM

New listings for sale

COMING SOON
$250,000
3 beds2 baths1,552 sq ft
402 Sunset Cir, Dallas, NC 28034
$163,000
4 beds2 baths1,242 sq ft
163 Downey Lake Rd, Dallas, NC 28034
$327,000
3 beds2 baths1,273 sq ft
203 Dayton Rd, Dallas, NC 28034
$260,000
2 beds1 bath896 sq ft
509 E Church St, Dallas, NC 28034
$325,000
4 beds3 baths1,758 sq ft
1316 Mayberry Rd, Dallas, NC 28034
$219,500
2 beds1 bath825 sq ft
115 S Davis St, Dallas, NC 28034
$389,900
3 beds2 baths1,692 sq ft
4106 Dallas High Shoals Hwy, Dallas, NC 28034
$185,000
3 beds1 bath1,144 sq ft
324 Briarwood Dr, Dallas, NC 28034
See all

Provided by Redfin

Sale history for 118 Downey Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$575

$20,000 + $119,220

$139,220

2024

$575 (+2.7%)

2023

$560 (+36.8%)

$20,000 + $141,190

$161,190

2022

$409 (−2.3%)

$15,000 + $74,000

$89,000

2021

$419 (+2.2%)

$15,000 + $74,000

$89,000

2020

$410 (−1.1%)

$15,000 + $74,000

$89,000

2019

$415 (+47.1%)

$15,000 + $74,000

$89,000

2018

$282 (−0.2%)

$15,000 + $74,000

$89,000

2017

$282 (−0.5%)

$14,400 + $57,047

$71,447

2016

$284 (+6.8%)

$14,400 + $57,047

$71,447

2014

$266

$18,000 + $49,924

$67,924

2013

$266 (+4.2%)

$18,000 + $49,924

$67,924

2012

$255 (−0.6%)

$18,000 + $49,924

$67,924

2011

$257

$18,000 + $49,924

$67,924

Tax history for 118 Downey Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$575

$20,000 + $119,220

$139,220

2024

$575 (+2.7%)

2023

$560 (+36.8%)

$20,000 + $141,190

$161,190

2022

$409 (−2.3%)

$15,000 + $74,000

$89,000

2021

$419 (+2.2%)

$15,000 + $74,000

$89,000

2020

$410 (−1.1%)

$15,000 + $74,000

$89,000

2019

$415 (+47.1%)

$15,000 + $74,000

$89,000

2018

$282 (−0.2%)

$15,000 + $74,000

$89,000

2017

$282 (−0.5%)

$14,400 + $57,047

$71,447

2016

$284 (+6.8%)

$14,400 + $57,047

$71,447

2014

$266

$18,000 + $49,924

$67,924

2013

$266 (+4.2%)

$18,000 + $49,924

$67,924

2012

$255 (−0.6%)

$18,000 + $49,924

$67,924

2011

$257

$18,000 + $49,924

$67,924

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.69 Acres

Year renovated

1975

Sq. Ft.

928

Year built

1930

Style

Single Family Residential

County

Gaston County

APN

171064

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 12, 2026.

R-1

Single-Family Limited

The purpose of this district is to accommodate single-family site built and modular construction. The minimum lot size allowed in this district will be dependent on the provision of public or community water and sewer facilities. Although areas may be served with such utilities, most of these areas are located beyond existing or anticipated utility service coverage areas. The minimum lot size for residential uses in this district is therefore larger than in other residential zoning districts.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Educational / school

Property details

Parking

Parking Information
Main Level Garage Y/N: 0
Parking Features: Detached Carport, Driveway
Has Carport

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: Main: 2
# of Bedrooms: Basement: 0
# of Bedrooms: 2

Bathroom Information
# of Full Baths: Main: 1
# of Full Baths (Total): 1

Room 1 Information
Room Level: Main

Room 2 Information
Room Level: Main

Room 3 Information
Room Level: Main

Room 4 Information
Room Level: Main

Laundry Room Information
Laundry Features: Gas Dryer Hookup, In Kitchen

Basement Information
Has Basement
Basement Features: Exterior Entry, Interior Entry, Partially Finished, Storage Space

Heating & Cooling
Heating Information: Floor Furnace
Cooling Information: N/A
Sq. Ft. Unheated Total: 991
Sq. Ft. Unheated Basement: 991

Interior Features
Room Count: 5
Appliances: Gas Range, Gas Water Heater, Refrigerator
Flooring: Carpet

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Other - See Remarks
Roof: Shingle

Exterior Features
Patio And Porch Features: Front Porch

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Workshop
Zoning Specification: R1

Lot Information
Lot Size Area: 0.69
Lot Size Units: Acres
Road Surface Type: Gravel, Paved
Road Responsibility: Publicly Maintained Road

Utilities

Utility Information
Water Source: Well
Sewer: Septic Installed

Location

HOA Information
HOA Subject To: None

School Information
Elementary School: Costner
Middle Or Junior High School: W.C. Friday
High School: North Gaston

Location Information
Directions: Highway 321 S., Turn right on Hwy 279 toward Gaston College, left on Downey Lake Road, home on right.

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 928
Stories: 1.0
Lot Size: 0.69 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1975
County: Gaston County
APN: 171064

Home facts updated by county records on Oct 12, 2026

Other

Auction Information
Is Auction: 0

Listing Information
Exception YN: 0

Home Information
Total Property HLA Sq. Ft.: 937
Living Area: 937
Above Grade Finished Area: 937
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 937
Sq. Ft. Lower: 0
Foundation Details: Basement
Levels: One

Around this home

Schools

Costner Elementary School

Public PreK-5 • Assigned • 1.4mi

3/10

William C Friday Middle School

Public 6-8 • Assigned • 1.9mi

2/10

North Gaston High School

Public 9-12 • Assigned • 2.2mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 104° expected this year, 17 days in 30 years

4/10 Wind Factor

19% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Dallas, NC • 28034

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 5.3 hours in December, which is comparable to the U.S. average for solar exposure.

9.3 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$186,000 – $225,000

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Nearby similar homes

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$184,999

3 beds1 bath968 sq ft

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New listings for sale in 28034

COMING SOON

$250,000

3 beds2 baths1,552 sq ft

402 Sunset Cir, Dallas, NC 28034

$163,000

4 beds2 baths1,242 sq ft

163 Downey Lake Rd, Dallas, NC 28034

$327,000

3 beds2 baths1,273 sq ft

203 Dayton Rd, Dallas, NC 28034

$260,000

2 beds1 bath896 sq ft

509 E Church St, Dallas, NC 28034

$325,000

4 beds3 baths1,758 sq ft

1316 Mayberry Rd, Dallas, NC 28034

$219,500

2 beds1 bath825 sq ft

115 S Davis St, Dallas, NC 28034

$389,900

3 beds2 baths1,692 sq ft

4106 Dallas High Shoals Hwy, Dallas, NC 28034

$185,000

3 beds1 bath1,144 sq ft

324 Briarwood Dr, Dallas, NC 28034

Home values near 118 Downey Lake Rd

Data from public records.

Address	Redfin Estimate
125 Downey Lake Rd, Dallas, NC 3 Beds \| 2 Baths \| 1276 Sq. Ft.	$247,824
142 Downey Lake Rd, Dallas, NC 3 Beds \| 1 Baths \| 1896 Sq. Ft.	$258,164

Address	Redfin Estimate
147 Downey Lake Rd, Dallas, NC 3 Beds \| 2.5 Baths \| 1862 Sq. Ft.	$291,101
122 Downey Lake Rd, Dallas, NC 3 Beds \| 2 Baths \| 984 Sq. Ft.	$227,367

Address	Redfin Estimate
124 Downey Lake Rd, Dallas, NC 3 Beds \| 2 Baths \| 1040 Sq. Ft.	$213,391
140 Downey Lake Rd, Dallas, NC 3 Beds \| 1 Baths \| 1283 Sq. Ft.	$205,255

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28034, NC

Sale history for 118 Downey Lake Rd

Tax history for 118 Downey Lake Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28034

Home values near 118 Downey Lake Rd

More real estate resources