Property Overview

Address: 501 W 2nd Ave, Lexington, NC 27292
Price: $329,000
Bedrooms: Not listed
Bathrooms: Not listed
Living Space: Not listed
Lot Size: Not listed
Year Built: 1911
Property Type: Single Family Residence
Price per Sq Ft: Not listed
HOA: Not listed
Zestimate®: $320,000

Listed By

Neva Little

Partners Real Estate

Property Listing

View Listing on Zillow

https://www.zillow.com/homedetails/501-W-2nd-Ave-Lexington-NC-27292/53141554_zpid/

Photo Credit

Listing photos provided by MLS via Zillow.

Historic 1911 Home Beautifully Updated for Luxury Living or Short-Term Rental Success

Built in 1911, this beautifully preserved historic residence blends timeless architecture with refined modern updates in Lexington’s sought-after Park Place neighborhood. Positioned on a prominent corner lot, the property offers exceptional curb appeal, elegant living spaces, and outstanding potential as an income-producing Airbnb, VRBO, or private residence. Rich in historic character while thoughtfully updated for today’s lifestyle, this home is a rare opportunity in one of the city’s most desirable historic districts.

Historic Interior Features and Original Character

Built in 1911
Original hardwood floors
Beautiful stained-glass window
Era-inspired wallpaper
Music parlor
Formal living room
Formal dining room
Abundant natural light throughout
Timeless historic character
Blend of original craftsmanship and modern improvements

Kitchen and Living Spaces

Updated kitchen
Sophisticated porcelain countertops
Marble backsplash
Ample storage
Two primary suites
One main-level primary suite
One upstairs primary suite
Spacious gathering areas ideal for entertaining
Comfortable floor plan designed for both everyday living and guest accommodations

Exterior Features and Property Highlights

Prime corner lot
Beautifully landscaped grounds
Grand columned front porch
Gracious covered front porch
Non-slip marble walkway
Decorative lion accents
Tiffany lighting
Private backyard
Exceptional curb appeal
Convenient location near downtown Lexington
Minutes from shopping, restaurants, and Childress Vineyards

Additional Property Highlights

Excellent opportunity for Airbnb or VRBO use
Income-producing investment potential
New roof installed in 2021
Upper HVAC replaced in 2021
Main-level HVAC replaced in 2022
Replacement windows
Elegant blend of historic charm and luxury updates
Desirable Park Place location
Strong appeal for short-term rental guests
Outstanding opportunity for investors or owner-occupants alike

A Historic Lexington Gem with Timeless Appeal and Investment Potential

Combining the elegance of a 1911 historic home with tasteful modern upgrades, this remarkable Park Place residence offers endless possibilities. Original hardwood floors, stained glass, formal entertaining spaces, a beautifully updated kitchen, two primary suites, and a grand columned porch create a memorable living experience filled with character. Whether you’re searching for a distinguished private residence or a high-end short-term rental property, this exceptional Lexington home delivers historic charm, modern comfort, and outstanding investment potential.