Single Family Residence at 3707 Welcome Arcadia Road, Lexington
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$270,000

3707 Welcome Arcadia Road
Lexington, NC 27295
Listed by Jayne Helms · Wallace Realty
Bedrooms
3
Bathrooms
4
Living area
3,050 sqft
Year built
1992

About this home

INVESTOR'S DREAM! Opportunity is knocking at this 3 Bdr 3Ba brick home. There's almost 2300 square ft of living spa with a finished basement. There's tremendous potential for a quick Fix&Flip or value-added investment. Much of the heavy lifting is already taken care of leaving this home largely intact and ready for cosmetic updates and completion of a few unfinished projects rather than full renovation. Hardwood floors, a spacious kitchen with island and stainless appliances, multiple living areas, fireplace, generous bedrooms and three full baths which all provide a strong foundation to start working from. The finished lower level adds a valuable living space, while the basement garage and workshop area offer additional functionality. Outside, enjoy a wooded .49 acre lot, a rear deck and brick exterior. Bring your vision, finish what has been started and unlock the potential!

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4437526
Property type
Single Family Residence
Subdivision
Monticello
Status
Active
Days on market
2
On market date
October 28, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
2
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Northwest Elementary
0.34 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
555
Student:teacher ratio
18.5:1
District
Davidson County Schools
Middle
North Davidson Middle
3.35 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
718
Student:teacher ratio
17.5:1
District
Davidson County Schools
High
North Davidson High
3.38 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
940
Student:teacher ratio
16.8:1
District
Davidson County Schools

Walkability

Blended score for Lexington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

30
Car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,776/mo
$54,000 down
$216,000 loan
Principal & interest$1,401
Property tax (est.)$225
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 12 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.