Priced at $199,000, this 1922 Craftsman home in Wingate, North Carolina, presents an exciting opportunity for investors, renovation enthusiasts, and buyers who appreciate the charm of historic properties.
Situated on approximately 0.98 acres, this three-bedroom, two-bathroom residence combines nearly a century of architectural character with the potential for a complete transformation.
Although the home requires significant renovation and is being sold as-is, its spacious lot, traditional Southern features, and existing improvements make it a property worth exploring for anyone with a vision for restoring an older home.
A Historic Craftsman Waiting for Its Next Chapter
Built in 1922, this property reflects the character of an era when craftsmanship, distinctive architectural details, and welcoming outdoor spaces played an important role in residential design. Craftsman homes are admired for their timeless appeal, practical layouts, and connection to traditional American architecture.
This residence offers an opportunity to bring those qualities back to life while creating a home suited to modern living.
The property is ready for a complete reimagining, giving the next owner the freedom to consider new finishes, updated systems, refreshed living spaces, and thoughtful improvements throughout the house.
Rather than purchasing a fully renovated home with someone else’s design choices, a buyer with the right experience could approach the project with a personal vision and a plan for preserving the home’s historic character.
For those who enjoy renovation projects, the appeal lies in the possibility of transforming an aging residence into something distinctive. Original architectural elements, where present and suitable for preservation, may offer inspiration for a restoration that balances traditional charm with contemporary comfort.
Nearly One Acre of Land
One of the property’s most attractive features is its approximately 0.98-acre lot. In an era when many residential properties offer limited outdoor space, having nearly an acre provides room to enjoy the outdoors, develop landscaping, and create a setting that complements the home’s historic appearance.
The land could offer opportunities for gardens, outdoor seating areas, lawn improvements, and other landscaping projects, subject to applicable regulations and site conditions. A carefully planned outdoor renovation could enhance the property’s overall presentation and create a welcoming environment around the restored house.
The generous lot may also appeal to buyers who value privacy and room to spread out. Whether the goal is to create a peaceful country-style retreat, establish a traditional Southern garden, or simply enjoy more outdoor space, the property’s land provides an important part of its potential.
Prospective buyers should verify property boundaries, permitted uses, utility arrangements, and any applicable zoning or development restrictions before planning major changes.
Three Bedrooms and Two Full Bathrooms
The home features three bedrooms and two full bathrooms, with all three bedrooms located on the main level. This layout offers a practical starting point for a renovation project and may appeal to buyers seeking a home with its primary living and sleeping spaces on one floor.
A complete renovation could provide an opportunity to reconsider how the interior functions. Depending on the existing floor plan and structural conditions, the future owner may choose to update the bedrooms, modernize the bathrooms, improve storage, and create more comfortable everyday living spaces.
The main-level bedroom arrangement is particularly appealing for those who prefer to avoid stairs for everyday activities. However, the final usability of the interior will depend on the home’s current condition and the improvements required to bring it up to modern standards.
Because the property needs significant work, buyers should arrange a thorough inspection and determine the condition of the plumbing, electrical systems, heating and cooling equipment, foundation, framing, and other major components. Understanding these details will be essential when developing a realistic renovation budget.
Classic Southern Features and Outdoor Character
The exterior offers several features that contribute to the property’s traditional Southern Craftsman appeal. A classic wraparound front porch provides a welcoming architectural feature and creates an opportunity for a future outdoor gathering space.
Imagine the porch restored with fresh finishes, comfortable seating, and carefully selected lighting. With the right improvements, it could become one of the home’s most memorable features, offering a place to enjoy quiet mornings, spend time with family, or relax outdoors in the evening.
The property also includes a screened porch, providing another outdoor area with the potential for relaxation and entertaining. Once its condition has been evaluated, this space could be incorporated into a broader renovation plan designed to connect the home with its surroundings.
These exterior features help distinguish the property from more ordinary houses and offer inspiration for a restoration that respects its age and architectural identity.
Rather than removing every trace of the home’s history, a thoughtful renovation could focus on preserving suitable original details while introducing the updates necessary for comfortable modern living.
A Detached Barn with Electricity
Another notable feature is the charming detached barn, which has power and provides additional possibilities beyond the main residence. For a buyer with creative ideas, this separate structure could become a useful part of the property’s overall appeal.
Depending on its size, structural condition, and permitted uses, the barn could serve as storage for tools and equipment, a hobby area, or a workspace for creative projects. It may also be useful during the renovation itself, offering a place to organize supplies and materials.
Some buyers may appreciate the opportunity to restore the barn alongside the main house, creating a more cohesive property with traditional rural character. Others may prefer to retain it as a practical storage building.
Before making plans, prospective owners should confirm the structure’s condition, electrical safety, and any restrictions governing its use or conversion. The existing electricity is a useful feature, but it does not establish that the building is suitable for every proposed purpose.
Important Improvements Already Completed
Although the home requires significant renovation, two major improvements have already been reported. The property received a new well in 2018 and a new roof in 2021.
These updates are worth noting because the condition of a roof and the reliability of a water supply are important considerations when evaluating an older property. A roof installed in 2021 may offer a useful starting point for the renovation, while the well installed in 2018 provides a more recent water-system component.
Nevertheless, buyers should not assume that either system is problem-free. A professional roof inspection can help establish its present condition, while a well inspection and water-quality test can provide information about the water supply and its operation.
The remaining renovation needs may be substantial, and the costs could vary considerably depending on what an inspection reveals. Anyone considering the property should estimate both visible repairs and less obvious expenses before deciding whether the asking price fits their plans.
The home is being sold as-is, meaning buyers should carefully review the terms of sale and understand the responsibilities they would be accepting.
Convenient Access to Monroe and Nearby Amenities
The property is located on Olive Branch Road in Wingate, North Carolina, with convenient access to the Monroe Expressway and bypass. This connection may be useful for residents traveling to nearby communities for shopping, dining, work, and other everyday activities.
Downtown Monroe offers locally owned restaurants, shops, and places to explore, providing access to a range of amenities beyond the immediate residential setting. The surrounding area gives prospective owners an opportunity to consider a property with a more spacious lot while remaining connected to established community destinations.
Buyers should evaluate their preferred commuting routes, travel times, and access to services to determine how well the location suits their needs.
An Opportunity for Investors and Renovation Enthusiasts
At $199,000, this 1922 Craftsman home is best approached as a renovation opportunity rather than a move-in-ready residence. Its nearly one-acre lot, three-bedroom layout, two full bathrooms, wraparound porch, screened porch, powered barn, and reported roof and well improvements provide several features worth considering.
For investors, the property’s potential will depend on the total acquisition and renovation costs, local market conditions, and the value of comparable properties after improvements. For owner-occupants, the appeal may be the chance to create a personalized home with traditional character and generous outdoor space.
Neither outcome is guaranteed. A realistic renovation budget, professional inspections, and careful research into local property values will be essential before making an offer.
FROM ZILLOW