950 E Lake Dr is a 8,762 square foot house on a 9.5 acre lot with 5 bedrooms and 8 bathrooms. Based on Redfin's Burlington data, we estimate the home's value is $1,628,970.
Single-familyProperty Type
1951Year Built
9.5 acresLot Size
$186Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,628,970
$35K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 237% higher than the average sale price ($483K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$18,886 (+2.6%)
$523,579 + $1,418,002
$1,941,581
2024
$18,403 (+4.0%)
$523,579 + $1,418,002
$1,941,581
2023
$17,688 (+39.8%)
$523,579 + $1,418,002
$1,941,581
2022
$12,655 (−0.8%)
$523,579 + $1,418,002
$1,941,581
2021
$12,756 (−0.8%)
$346,200 + $673,450
$1,019,650
2020
$12,857 (−0.3%)
$346,200 + $673,450
$1,019,650
2019
$12,892 (+6.8%)
$346,200 + $673,450
$1,019,650
2018
$12,076 (+0.6%)
$346,200 + $673,450
$1,019,650
2017
$12,004 (−4.8%)
$346,200 + $673,450
$1,019,650
2016
$12,603 (+118.1%)
$419,400 + $667,068
$1,086,468
2014
$5,779
$419,400 + $670,985
$1,090,385
Tax history for 950 E Lake Dr
Year
Property tax
Land + Additions
Assessment*
2025
$18,886 (+2.6%)
$523,579 + $1,418,002
$1,941,581
2024
$18,403 (+4.0%)
$523,579 + $1,418,002
$1,941,581
2023
$17,688 (+39.8%)
$523,579 + $1,418,002
$1,941,581
2022
$12,655 (−0.8%)
$523,579 + $1,418,002
$1,941,581
2021
$12,756 (−0.8%)
$346,200 + $673,450
$1,019,650
2020
$12,857 (−0.3%)
$346,200 + $673,450
$1,019,650
2019
$12,892 (+6.8%)
$346,200 + $673,450
$1,019,650
2018
$12,076 (+0.6%)
$346,200 + $673,450
$1,019,650
2017
$12,004 (−4.8%)
$346,200 + $673,450
$1,019,650
2016
$12,603 (+118.1%)
$419,400 + $667,068
$1,086,468
2014
$5,779
$419,400 + $670,985
$1,090,385
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
MDR
AOCD
Medium Density Residential District
The Medium Density Residential (MDR) district is established to accommodate moderate density residential development and complimentary uses in suburban-to-urban settings throughout the City’s jurisdiction. Use of the conservation subdivision configuration is optional for residential subdivisions of five lots or more. The district accommodates utilities as well as various neighborhoodsupporting institutional uses such as parks, schools, and public safety facilities. District regulations discourage uses that interfere with the development of residential neighborhoods or that are detrimental to the residential nature of the district. Conservation subdivisions, pocket neighborhoods, or bungalow courts are allowed as optional
forms of development.
Zone overlays
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Public service
Police station
Golf related
Communications tower
Park & open space
Feb 3, 2021 • Final
Electrical residential - new construction
Electrical
Aug 22, 2012 • Final
Electrical residential - new construction
Electrical
New construction
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
Interior
Bathroom Information
# of Full Baths: 7
# of 1/2 Baths: 2
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 3
Has Fireplace
Room Information
# of Rooms: 18
Exterior
Exterior Information
Foundation Type: Continuous Wall
Building Style Type: Colonial
Exterior Wall: Brick Veneer
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: JOHN S MAY SR
Living Sq. Ft: 8,762
Building Sq. Ft: 8,762
# of Stories: 2.25
Legal Description: HA MAYS LAKE
Parking & Garage Information
Parking Type: Brick Garage
Garage/Parking Sq. Ft: 936
Garage / Carport Type: Brick
Lot Information
# of Buildings: 1
Land Sq. Ft: 413,820
Legal Block Number: 30
Municipality Name: CITY OF BURLINGTON
Acres: 9.5
Zoning Code: R 15
County Use Description: SINGLE FAM
Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public
Utility Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax District County: CITY OF BURLINGTON
Public facts
Beds: 5
Baths: 8.0
Sq. Ft.: 8,762
Stories: 2.25
Lot Size: 9.5 acres
Style: Single Family Residential
Year Built: 1951
Year Renovated: —
County: Alamance County
APN: 123506
Home facts updated by county records on Jul 17, 2026
Around this home
Schools
Hillcrest Elementary
Public PreK-5 • Assigned • 1.1mi
4/10
Turrentine Middle
Public 6-8 • Assigned • 0.3mi
2/10
Walter M Williams High
Public 9-12 • Assigned • 0.5mi
4/10
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
5/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
5/10 Wind Factor
22% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Burlington, NC • 27215
Average low and high temperatures (°F)
47
26
53
33
69
43
76
52
78
56
89
66
91
72
84
67
80
62
72
49
65
42
52
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.55M – $1.87M
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