Investor Special Near the Lake!
1398 Lakeview Acres Dr, Valdese, NC 28690
3 Beds | 1 Baths | 1,100Sq Ft | Full Rehab Needed
Looking for your next flip or high-ROI rental? This spacious 3-bedroom, 1-bath home sits on a large lot in the desirable Lakeview Acres neighborhood—just minutes from Lake Rhodhiss and close to outdoor recreation, boat access, and peaceful mountain surroundings.
The property needs a complete renovation—perfect for seasoned investors ready to unlock serious equity. Whether you're flipping for profit or holding as a long-term lake-area rental, the bones and square footage are here to support a major value-add.
Repairs Needed:
EVERYTHING
ARV Potential:
Recent comps in the area show renovated homes of similar size selling in the $315K–$375K+ range:
1258 Lakeview Acres Dr – 4BR/3BA, 2,750 sq ft – SOLD for $349,900
1320 Hidden Lake Pkwy – 3BR/3BA, 2,600 sq ft – SOLD for $329,000
1440 Waterside Dr – 4BR/3BA, 2,900 sq ft – SOLD for $368,500
Tons of upside with the right rehab vision.
Highlights:
Large footprint = major upside potential
Quiet neighborhood with proximity to Lake Rhodhiss
No HOA
Great for flip, STR, or long-term rental
Property Specifications:
Property Type: Single-Family
APN: 12071
Size of House: 1,1006 sq.ft
Size of Lot: 0.41 ac
Bedroom(s): 3
Bathroom(s): 1
Zoning: Res two District Exit Strategies:
Fix & Flip
Buy & Hold
STR (Short-Term Rental) potential
Vacation or Second Home Renovation
“Make an Offer”
Sold AS-IS. Cash or hard money only. Buyer to verify all info.
Don’t miss out—this is your chance to snag a lake-area value-add deal before summer rush hits! Contact us today to schedule a walkthrough or submit your offer.
Contact: hello@reidynasty.com or call (267) 459-2390 for more information.
TERMS OF THE SALE
Must submit Letter Of Intent with proof of funds based on pictures and information provided. Walk through only for buyers who can provide the appropriate documentation. Buyer responsible for U&O and cleaning out the property if applicable.
CASH OR HARD MONEY BUYERS ONLY
MUST CLOSE WITHIN 30 DAYS OR LESS
AS-IS PURCHASE
BROKERS/AGENTS WELCOME
TITLE HAS ALREADY BEEN ORDERED
BUYER COVERS ALL CLOSING COSTS ( Transfer & Title Fees)
$5,000 EMD REQUIRED
CLEAR & INSURED TITLE DELIVERED AT CLOSING
VIEW ALL INVENTORY
NEED FINANCING FOR YOUR NEXT DEAL?
OUR TRUSTED PARTNER OFFERS STRAIGHT FORWARD ASSET BASED LENDING FOR REAL ESTATE INVESTORS.
CLICK THE BANNER BELOW FOR MORE INFORMATION.
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PLEASE NOTE: We have equitable ownership interest and will assign our rights in the contract to the buyer. Asking price above includes original contract price & assignment. Terms of original contract, unless otherwise noted above, include: As-is, where-is purchase; cash or hard money closing; fully insured & clear title delivered at closing. Do not approach or contact sellers, tenants or representatives without approval from equitable owner. Any comparable sales presented as accurate, but are not a guarantee or opinion of value. There is a risk of loss with any investment. Please conduct your own due diligence.