Charming 3-Bedroom, 3-Bath Brick Ranch on 5 Acres with Riverwalk amenities on Lake Lookout! Nestled on 5 private acres, this 3-bedroom, 3-bath brick ranch offers the perfect blend of seclusion and convenience. Enjoy easy access to I-40 while still savoring the peace of country living. Relax on the rocking chair front porch or cozy up inside by the stunning large rock fireplace. The home features a spacious basement, providing ample storage or potential for additional living space. As a bonus, this property includes gated lake access to the sought-after Riverwalk amenities, where homeowners can enjoy a beach area, boat access, and a covered picnic pavilion—perfect for outdoor gatherings and water activities. Don’t miss the opportunity to own this rare gem—privacy, charm, and recreation all in one! For more info on the Riverwalk community, visit www.lookoutriverwalk.com
Single-familyProperty Type
2001Year Built
5 acresLot Size
$231Est. Price/Sq.Ft.
2 car garageParking
Listed by Tabitha Goforth• EXP Realty LLC Mooresville
Contact: tabithagoforth@bellsouth.net
Bought with Vickie Gallimore• RE/MAX Central Realty
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Earn from this home
Refinance
$0
Est. cash available
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Rent
$3,166/mo
Redfin rental estimate
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Market trends in 28678, NC
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
98.4%
0.3% MoM
Median sale price
$263K
$5K MoM
Avg. days on market
37d
1 days MoM
Recently sold homes
6
5 MoM
Provided by Redfin
Sale history for 201 Olive Rd
Date
Event
Price
CANOPYMLS as Distributed by MLS Grid #4223814
Apr 9, 2025
Sold
$440,000
$226/sq ft
Mar 2, 2025
Contingent
—
Feb 19, 2025
Listed
$450,000
$231/sq ft
Public Records
Nov 12, 2010
Sold
$240,000
$123/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,117 (−2.4%)
$43,702 + $281,914
$325,616
2024
$2,169 (−2.7%)
$43,702 + $281,914
$325,616
2023
$2,229 (+34.0%)
$43,560 + $257,704
$301,264
2022
$1,664
$43,560 + $257,704
$301,264
2021
$1,664
$36,000 + $157,451
$193,451
2020
$1,664
$36,000 + $157,451
$193,451
2019
$1,664 (+1.2%)
$36,000 + $157,451
$193,451
2018
$1,644
$36,000 + $157,451
$193,451
2017
$1,644
$36,000 + $157,451
$193,451
2016
$1,644
$36,000 + $157,451
$193,451
2015
$1,644 (+8.3%)
$36,000 + $157,451
$193,451
2014
$1,518
$46,800 + $165,570
$212,370
Tax history for 201 Olive Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,117 (−2.4%)
$43,702 + $281,914
$325,616
2024
$2,169 (−2.7%)
$43,702 + $281,914
$325,616
2023
$2,229 (+34.0%)
$43,560 + $257,704
$301,264
2022
$1,664
$43,560 + $257,704
$301,264
2021
$1,664
$36,000 + $157,451
$193,451
2020
$1,664
$36,000 + $157,451
$193,451
2019
$1,664 (+1.2%)
$36,000 + $157,451
$193,451
2018
$1,644
$36,000 + $157,451
$193,451
2017
$1,644
$36,000 + $157,451
$193,451
2016
$1,644
$36,000 + $157,451
$193,451
2015
$1,644 (+8.3%)
$36,000 + $157,451
$193,451
2014
$1,518
$46,800 + $165,570
$212,370
*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
1
Lot width
—
Lot depth
—
Lot size
5.02 Acres
Year renovated
2001
Sq. Ft.
1,976
Year built
2001
Style
Single Family Residential
County
Alexander County
APN
0063005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
RA-20
Residential - Agricultural District
The RA-20 residential district is established as a district in which the principal use of the land is for low-density residential and agricultural purposes including single-family dwellings, two-family dwellings (individual), individual manufactured homes, and related uses necessary for a sound neighborhood. Group housing developments in the form of multiple-family dwellings, condominiums, two-family dwellings, townhouses and manufactured home parks are permitted subject to the granting of a special use permit by the Board of Commissioners. The regulations for this district are designed to stabilize and encourage a healthful environment for family life in areas where neither public nor community water or sewer facilities are available.
Permitted uses
Include but are not limited to:
Livestock production
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Educational / school
Golf related
Agriculture-Cropland
Agriculture-Pastureland
Park & open space
Property details
Parking
Parking Information
Main Level Garage Y/N: 0
SqFt Garage: 656
Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side