Nestled in the picturesque landscapes of Northern Davidson County, this amazing 26-acre parcel offers a rare blend of opportunity and tranquility. This property presents a multitude of possibilities. With impressive road frontage on both sides, it boasts excellent accessibility and potential for subdivision development, making it an ideal investment for future growth. The land itself is adorned with lush greenery, and two fully stocked ponds, creating a serene backdrop that enhances the allure of a thriving new community of homes. This site offers the perfect canvas for opportunity. Enjoy the peace of rural living while remaining conveniently close to local amenities and attractions. This property does have 2 structures located on the property. This land is a rare gem in Northern Davidson County. See Agent Only. THIS IS ALSO LISTED IN THE MLS under #1157846 as RESIDENTIAL.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty Elite
Office Phone: (336) 283-8691
Listing Agent: Robert Wiley
Lot Features
Lot Information:
Lot: Level
Lot Size: 26.25 Acres
Other
Directions Information:
Directions: From Winston Salem, Midway, Old US Hwy 52, Left onto Midway School Rd, Right onto Ridge Rd, Property will be on the left and right
Price Information
Listing Price Info
Price Summary:
List Price: $1,250,000
Tax Information:
Annual Amount: $1,786
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lexington, NC.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,306
Per Month
Principal & Interest
$6,239
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,814
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Midway Elementary School
318 Midway School Rd
Distance between this listing and this school0.73 miles
Public District Grades PK-5
3
/10
Welcome Elementary School
5701 Old Hwy 52
Distance between this listing and this school3.94 miles
Public District Grades PK-5
8
/10
Friendship Elementary School
1490 Friendship Ledford Rd
Distance between this listing and this school3.99 miles
Public District Grades PK-5
Nearby Schools
7
/10
North Davidson Middle School
333 Critcher Dr
Distance between this listing and this school2.39 miles
Public District Grades 6-8
5
/10
Oak Grove Middle School
1771 Hoy Long Rd
Distance between this listing and this school2.54 miles
Public District Grades 6-8
5
/10
Ledford Middle School
3954 N Nc Highway 109
Distance between this listing and this school4.94 miles
Public District Grades 6-8
Nearby Schools
5
/10
Ledford Senior High School
140 Jesse Green Rd
Distance between this listing and this school4.37 miles
Public District Grades 9-12
6
/10
Davidson Early College
297 Dccc Rd
Distance between this listing and this school7.12 miles
Public District Grades 9-12
2
/10
Thomasville High School
410 Unity St
Distance between this listing and this school7.94 miles
The neighbors living near this home have an average income of $76,938. Typical income of Lexington, NC residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6845 Ridge Rd
What is the listing price of this property?
The listing price of 6845 Ridge Rd property is $1,250,000.
What type of property is this?
The property 6845 Ridge Rd is land located in Lexington, North Carolina, 27295.
Is this property for sale now?
Active Listing: 6845 Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,786 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 6845 Ridge Rd in Lexington, NC and zip code 27295. This home sits on a 26.25 acre lot. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $1,250,000.
Lexington, NC housing market in October 2024 saw over 14 listings sold above listed price, more than 45 sold at listed price and over 46 sold below. In October 2024 in Lexington, NC there were 0.4% less homes for sale than in September 2024. Listings spent 44 days on the market in October 2024, and had a median list price of $288,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
NASCAR
Figure Skating
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Jimmy Johns
Hardee's
Applebees
Chevrolet
Ram
GMC
New Country
Classic Country
Oldies