For Sale $550,000
ONLINE ONLY AUCTION. LIST "PRICE" IS NOT SELLER'S ASKING PRICE; IT REPRESENTS TAX VALUE OR CURRENT HIGH BID PLUS BUYER'S PREMIUM. Experience an exceptional opportunity to own a stunning lakefront retreat on sought-after High Rock Lake! Situated on a scenic peninsula at 248 Periwinkle Lane, Lexington, NC, this property offers expansive water views, privacy, and the lake lifestyle you've been searching for. Ideal as a primary residence, weekend getaway, or investment, you'll enjoy boating, fishing, kayaking, entertaining, or simply relaxing while taking in spectacular sunrises and sunsets. The peninsula setting provides a rare waterfront experience with water surrounding much of the property. Opportunities like this don't come along often. Register to bid, review the terms and conditions, and don't miss your chance to own this remarkable High Rock Lake property.
| List Price: | $550,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2064 sqft |
| Parking: | Driveway, Attached Garage, Detached Garage |
| MLS Number: | CAR4408783 |
| Subdivision: | Tarawoods |
| Bathrooms: | 4 |
| Year Built: | 1987 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 08-12-2026 | Listed | $550,000 | $267 |
| 10-27-2025 | Listed | $473,999 | $230 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Turner Creek Elementary | 8 miles | PK-05 | 9 |
| Perry W Harrison Elementary | 9 miles | PK-05 | 8 |
| Mary Scroggs Elementary School | 9 miles | PK-05 | 9 |
| Moncure School | 9 miles | PK-05 | 6 |
| Davis Drive Elementary | 10 miles | KG-05 | 10 |
| Alston Ridge Elementary School | 10 miles | PK-05 | 10 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 4009 Tall Timber Court, Gastonia NC | 0 mi | $550,000 | days | |
| 104 Lexi Mason Court, Mount Holly NC | 0 mi | $329,900 | days | |
| 547 Indian Hill Road, Olin NC | 0 mi | $250,000 | days | |
| 224 Leucothoe Lane, Asheville NC | 0 mi | $675,000 | days | |
| 1732 Waters Edge Drive, Granite Falls NC | 0 mi | $799,000 | days | |
| 1076 Jonestown Road, Winston Salem NC | 0 mi | $343,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By The Swicegood Group Inc
248 Periwinkle Lane, Lexington NC is a 2064 ft2 on a 1.560 acres Appraisal lot. This is for $550,000. This has 3 bedrooms, 4 baths, and was built in 1987.
Based on information submitted to the MLS GRID as of 2026-08-12 20:43:51 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.