Single Family Residence at 3707 Welcome Arcadia Road, Lexington
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47 photos

$315,000

3707 Welcome Arcadia Road
Lexington, NC 27295
Listed by Jonathan Wallace · Wallace Realty
Bedrooms
3
Bathrooms
3
Living area
2,296 sqft
Year built
1992

About this home

INVESTOR'S DREAM! Opportunity knocks at 3707 Welcome Arcadia Road! This 3-bedroom, 3-bath brick home offers 2,296 square feet of living space with a finished basement and tremendous potential for a quick fix-and-flip or value-add investment. Unlike many investment properties, much of the heavy lifting is already behind you, this home is largely intact and ready for cosmetic updates and completion of a few unfinished projects rather than a full renovation. Hardwood floors, a spacious kitchen with island and stainless appliances, multiple living areas, fireplace, generous bedrooms and three full baths provide a strong foundation to work from. The finished lower level adds valuable living space, while the basement garage and workshop area offer additional functionality. Outside, enjoy a wooded .49-acre lot, rear deck and classic brick exterior. Bring your vision, finish what has already been started, and unlock the potential!

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4417014
Property type
Single Family Residence
Subdivision
Monticello
Status
Active
Days on market
1
On market date
August 21, 2026
Stories
N/A
Total bathrooms
3
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
$2,047/mo
$63,000 down
$252,000 loan
Principal & interest$1,634
Property tax (est.)$263
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated August 22, 2026.

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.