405 Waterway Drive Lexington, NC $ 975,000
405 Waterway Drive
$ 975,000
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405 Waterway Drive

Lexington, NC, 27292
$ 975,000
Bedrooms4 Baths3.1 Sq 2,111

Monthly Estimate*

$ 6,083

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Single Family Home for sale in Lexington, NC

for $975,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,111 square foot home was built in 1940 on a lot size of 1.08.

“Back on market due to buyer’s financing falling through.” Perfectly positioned on a scenic peninsula w/approximately 519’ of shoreline on High Rock Lake, homeowners watch beautiful sunrises from one side & stunning sunsets from the other. Part of the “Booke-Ends” property, this home was designed for entertaining. Warm & welcoming spaces include large living/dining area, game rm, upd kitchen (2 dishwashers,) beautiful hardwood flrs, charming knotty pine paneling & main flr laundry. 2 large decks offering waterfront views, including the boathouse rooftop, invite everyone outdoors to enjoy the exceptional setting. Boathouse is filled w/a multitude of water sports equipment to convey, along with 19’ Lightning sailboat & trailer, a sunfish-style sailboat & kayak! Main dock, built in 2025 & 2nd dock for jet skis, round out a lake lover’s wish list. Enjoy the expansive lawn w/horseshoe pits, paved walkways, outdoor shower, large shed & private lot. Home also has an electric car charger

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Single Family Active

Price

$ 975,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 3,164

Style

House

Lot Size

1.08

Year Built

1940

Town/City

Lexington

County/Region

Davidson

MLS | Web ID

1186360

Features
Interior
Interior Amenities Ceiling Fan(s) Dead Bolt(s) Solid Surface Counter
Basement Crawl Space
Flooring Carpet Wood
Total Fireplaces 1
Fireplace Features Living Room
Above Grade Finished Area 2111
Half Baths 1
Laundry Features Dryer Connection Main Level Washer Hookup
Total Bedrooms 4
Main Level Bathrooms 3
Total Baths 4
Heating Fuel Electric
Water Heater Electric
Primary On Main Yes
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General
Sewer Public Sewer
Heating Heat Pump Electric
Cooling Central Air
Appliances Microwave Oven Built-In Refrigerator Dishwasher Cooktop Electric Water Heater
Zoning RS
Garage Spaces 0
Pool Features None
Construction Materials Vinyl Siding Wood Siding
Year Built 1940
Levels One and One Half
Property Subtype Stick/Site Built
County Davidson
Property Type Residential
HOA No
Subdivision Name Oakwood Acres
Other Structures Boat House Pier Storage
Total Rooms 8
Full Baths 3
Status Active
Directions Driving from Lexington on Hwy 8; turn Left onto Oakwood Blvd; after .7 miles turn Right onto Shoreline Dr.; follow for .3 miles and turn Left onto Waterway Dr.
High School Call School Board
City Lexington
Listing Terms Cash Conventional
Elementary School Call School Board
Tax Annual Amount 3164.75
Middle/Junior High School Call School Board
Structure Type House
Standard Status Active
Pool Y/N No
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Exterior
Exterior Amenities Gas Grill
Parking Features Driveway No Garage
Water Source Public
Building Area Total 2111
Lot Dimensions 519.12' shoreline-see survey in attachments
Lot Size Acres 1.08
Garage Description None
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Internal Only
Street Number 1 405
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* Excluded Features
List By
Marcia Vaughn

Listing Agent

Long & Foster Real Estate, Inc

Broker

marcia.vaughn@longandfoster.com

Email

Affordability Calculator

$6,346
Per Month
96%
4%
0%
Monthly Principal & Interest
$6,083
Monthly Property Taxes
$264
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
584572 Elementary School
583895 Middle School
Call School Board High School High School
Pricing History
DatePricePrice ChangeDescription
7/3/2025$975,000 Listed Price

Map


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405 Waterway Drive, Lexington, NC, 27292 is a Single Family Home for sale at $975,000 with 2,111 sqft and a lot size of 1.08. 405 Waterway Drive has 4 bedrooms, 3.1 baths, and was built in 1940. The property's zip code is 27292 which is in Lexington, NC