Opportunity awaits in this charming brick ranch just minutes from I-85 and Hwy 321. This home provides a flexible layout and generous square footage ready for your vision. Previous renovations were started, creating an open canvas for an investor or buyer looking to customize and make it their own. The property features 3 bedrooms and 3 bathrooms (3rd bathroom not permitted) a flex space, perfect for home gym, office or could be used as a 4th bedroom (septic only allows for 3), a fenced backyard, a large workshop ideal for storage or projects, and an automated gate at the driveway that allows for secure additional parking. A rear addition and additional bathroom were added by a previous owner. With strong bones, a convenient location, and unique features already in place, this property presents a great opportunity for renovation, rental potential, or resale. Being sold as-is.
Single-familyProperty Type
1972Year Built
0.38 acresLot Size
$168Price/Sq.Ft.
Listed by Andi McLeymore• EXP Realty LLC Ballantyne
Contact: 704-689-6873
Bought with Andi McLeymore• EXP Realty LLC Ballantyne
Est. $1,738 per month, based on comparable rentals
Sale and tax history for 157 Downey Lake Rd
Sale History
Tax History
Date
Event
Price
Public Records
Apr 2, 2026
Sold
$219,000
$180/sq ft
CANOPYMLS as Distributed by MLS Grid #4349774
Apr 2, 2026
Sold
$205,000
$168/sq ft
Feb 28, 2026
Contingent
—
Feb 23, 2026
Listed
$219,000
$180/sq ft
CANOPYMLS as Distributed by MLS Grid #4269936
Dec 11, 2025
Sold
$150,000
$123/sq ft
Nov 27, 2025
Pending
—
Nov 27, 2025
Relisted
—
Jun 19, 2025
Listed
$340,000
$279/sq ft
Jun 11, 2025
Coming Soon
$340,000
$279/sq ft
+22
Beautifully renovated home for sale in great location! This home actually has 4 bedrooms and 3 full baths. The septic permit only allows for 3 bedrooms. Brand new top of the line appliances!! Wooden kitchen countertop (same as in the laundry room), just painted! Started to add a 20x26 sunroom addition in the back of the house, but it needs to be completed. Large workshop in the fenced in backyard. There is also an automated gate at the top of the driveway that allows for additional parking behind the fence. Yard has beautiful landscaping! Just minutes from I-85 and Hwy 321!
CANOPYMLS as Distributed by MLS Grid #4037982
Aug 21, 2023
Sold
$265,000
$217/sq ft
Aug 4, 2023
Pending
—
Jun 13, 2023
Listed
$280,000
$230/sq ft
Jun 7, 2023
Coming Soon
$280,000
$230/sq ft
+29
Make this completely renovated, low maintenance, 3 beds 2 bath full brick home yours today. This home features relaxing front porch, newer LVP flooring, fresh paint, fenced-in backyard, stainless appliances and so much more. Come see this one today!
CANOPYMLS as Distributed by MLS Grid #3849828
May 18, 2022
Sold
$280,000
$230/sq ft
Apr 26, 2022
Contingent
—
Apr 21, 2022
Listed
$274,900
$226/sq ft
Apr 19, 2022
Coming Soon
$274,900
$226/sq ft
Public Records
Oct 25, 2000
Sold
$91,000
$75/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,944
2024
$1,944 (+2.7%)
2023
$1,893 (+72.8%)
$20,000 + $252,330
$272,330
2022
$1,095 (−2.3%)
$15,000 + $104,030
$119,030
2021
$1,121 (+2.2%)
$15,000 + $104,030
$119,030
2020
$1,097 (−1.1%)
$15,000 + $104,030
$119,030
2019
$1,109 (+30.8%)
$15,000 + $104,030
$119,030
2018
$848
$15,000 + $104,030
$119,030
2017
$848 (+0.1%)
$14,400 + $75,519
$89,919
2016
$847 (+3.8%)
$14,400 + $75,519
$89,919
2014
$816 (−0.1%)
$18,000 + $69,552
$87,552
2013
$817 (+3.9%)
$18,000 + $69,552
$87,552
2012
$786 (+0.3%)
$18,000 + $69,552
$87,552
2011
$784
$18,000 + $69,552
$87,552
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.38 Acres
Year renovated
1985
Sq. Ft.
1,275
Year built
1972
Style
Single Family Residential
County
Gaston County
APN
171080
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 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
Mar 25, 2022 • Final
Electrical - commercial
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Main Level Garage Y/N: 0
Parking Features: Driveway
Interior
Bedroom Information
# of Bedrooms: Main: 3
# of Bedrooms: 3
Bathroom Information
# of Full Baths: Main: 2
# of Full Baths (Total): 2
Room 1 Information
Room Level: Main
Room 2 Information
Room Level: Main
Room 3 Information
Room Level: Main
Room 4 Information
Room Level: Main
Room 5 Information
Room Level: Main
Room 6 Information
Room Level: Main
Room 7 Information
Room Level: Main
Room 8 Information
Room Level: Main
Laundry Room Information
Laundry Features: Laundry Room
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Room Count: 8
Appliances: Oven
Door Features: Pocket Doors
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Brick Full
Exterior Features
Fencing: Back Yard, Privacy
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features: Two or More Access Exits
Zoning Specification: R1
Lot Information
Lot Size Area: 0.38
Lot Size Units: Acres
Road Surface Type: Concrete
Road Responsibility: Publicly Maintained Road
Utilities
Utility Information
Water Source: City
Sewer: Septic Installed
Location
HOA Information
HOA Subject To: None
School Information
Elementary School: Costner
Middle Or Junior High School: Unspecified
High School: Unspecified
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,275
Stories: 1.0
Lot Size: 0.38 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1985
County: Gaston County
APN: 171080
Home facts updated by county records on Jul 17, 2026
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Green Information
Green Verification Count: 0
Home Information
Total Property HLA Sq. Ft.: 1219
Living Area: 1219
Above Grade Finished Area: 1,219
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 1219
Sq. Ft. Lower: 0
Foundation Details: Crawl Space
Levels: One
Around this home
Schools
Costner Elementary School
Public PreK-5 • Assigned • 1.5mi
3/10
William C Friday Middle School
Public 6-8 • Assigned • 2.0mi
2/10
North Gaston High School
Public 9-12 • Assigned • 2.3mi
3/10
Provided by GreatSchools
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
5/10 Wind Factor
21% 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)
49
28
57
35
71
44
77
53
78
57
88
66
92
72
82
67
81
62
73
50
65
42
54
33
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
$268,000 – $325,000
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