490 Riverwood Drive, Lexington NC
- 3 Bed
- 2 Bath
- 1246 ft2
- 0.6 ac
For Sale $582,500
Remarks:
High Rock Lake waterfront home offering beautiful long-range water views and exceptional flexibility for full-time living, vacation use, or multi-generational needs. This one-story home with a fully finished walk-out basement is thoughtfully designed to take full advantage of its lakefront setting while providing comfortable, functional living space on both levels. 3 bedroom, 2 full bath, attached one-car garage/workshop, and attached 2-car carport. The main level features a primary bedroom and full bath, along with an inviting open living and dining areas oriented toward the water. The living room is highlighted by large windows that frame the lake views and fill the space with natural light, creating a bright and welcoming atmosphere. The living room also features a thermostat-controlled, ventless natural gas log fireplace, adding warmth and charm and making the room equally enjoyable year-round. Step outside to the expansive covered back deck and sun deck, ideal for entertaining, outdoor dining, or simply relaxing while enjoying peaceful mornings and colorful sunsets over the lake. The finished walk-out basement significantly expands the home’s living space and offers excellent versatility. This level includes two additional bedrooms, a full bathroom, laundry area, and a spacious den featuring its own fireplace (electric insert) —perfect for movie nights, gatherings, or a quiet retreat. A second kitchen with a dinette area provides outstanding flexibility for guests, extended stays, or separate living quarters. From the lower level, walk directly out to the back patio, offering a shaded outdoor space and seamless access to the backyard and lake. Outdoor amenities complete the lake lifestyle. The property features direct waterfront access, a boathouse, and a pier with a covered area and a floater (completely rebuilt in 2024), ideal for boating, fishing, swimming, or relaxing by the shoreline. Multiple outdoor living spaces—including decks, patio, and lakeside features—make it easy to enjoy the water from many angles. With scenic views, abundant natural light, fireplaces on both levels, and a flexible layout designed for entertaining and everyday living, this High Rock Lake property offers an exceptional opportunity to enjoy relaxed waterfront living in a beautiful setting.
Interior Features:
Attic Stairs Pulldown
General Information:
| List Price: | $582,500 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1246 sqft |
| Parking: | Attached Carport, Attached Garage |
| MLS Number: | CAR4324456 |
| Subdivision: | Riverwood |
| Bathrooms: | 2 |
| Lot Description: | Views, Waterfront |
| Year Built: | 1974 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Southmont |
| Middle: | Central Davidson |
| High: | Central Davidson |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 01-01-2026 | Under Contract | $582,500 | $468 |
| 12-20-2025 | Listed | $582,500 | $468 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Morgan Elementary School | 6 miles | PK-05 | 4 |
| Elizabeth Hanford Dole Elementary School | 7 miles | PK-05 | 1 |
| North Rowan Elementary School | 8 miles | PK-05 | 1 |
| Granite Quarry Elementary School | 9 miles | PK-05 | 5 |
| South Lexington Development Center | 10 miles | KG-06 | N/A |
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.
Properties For Sale Nearby
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 |
| 490 Riverwood Drive, Lexington NC | 0 mi | $582,500 | days | |
| 120 Crow Creek Drive, Lexington NC | 0.3 mi | $499,000 | days | |
| 1168 Riverview Road Extension, Lexington NC | 0.4 mi | $699,000 | days | |
| 1186 Riverwood Drive, Lexington NC | 0.5 mi | $895,000 | days | |
| 1112 Riverwood Drive, Lexington NC | 0.5 mi | $815,000 | days | |
| 1044 Riverwood Road, Lexington NC | 0.5 mi | $279,500 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 27292
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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.
Property Listing Information
A Courtesy Listing Provided By Keller Williams Unified
490 Riverwood Drive, Lexington NC is a 1246 ft2 on a 0.600 acres lot. This is for $582,500. This has 3 bedrooms, 2 baths, and was built in 1974.
Based on information submitted to the MLS GRID as of 2025-12-20 11:20:47 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.
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