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  • Price cut: $35K (2/18)
    $545,000

    462 Cress Loop Rd, Salisbury, NC 28147

    3beds
    1,783sqft
    : 
    Single Family Residence
    Built in 2003
    3.56 Acres Lot
    $538,000 Zestimate®
    $306/sqft
    $41/mo HOA

    What's special

    Full basementSplit bedroom planPrivate primary ensuite
    Motivated sellers have agreed to a huge price reduction on this rare find in the Grace Ridge Subdivision with 3.56 acres!! Now priced at only $545k! If you are looking for a spacious 3BR 2.5BA home with a full basement and land, this one may be for you! This 2003 home includes 1782 sq ft of heated living area on the main level and an additional 1782 sq ft in the heated/cooled unfinished basement. There is a bonus room over the garage, perfect for a home office, home gym or game room. This home features a private primary ensuite and 2 secondary bedrooms and a 2nd full bath on the main level. The basement includes a half bath. Entering into the front foyer, you will notice the large open living room featuring a fireplace with gas logs, perfect for adding coziness and ambience on those cool evenings with just a "flick of a switch". You will love the natural sunlight that enters the expanse of windows and glass doors across the back of the home. From the living room and breakfast area you have a great view of the backyard where you may see deer or other wildlife grazing in the backyard. This home features a split bedroom plan with the private ensuite located on one side of the home and the secondary bedrooms and second full bath with a tub/shower combo on the other. The private ensuite features a tray ceiling with a secondary closet space. The ensuite bathroom features a large walk-in closet and a linen closet. You will appreciate the large double sink vanity with plenty of counterspace, a large garden tub and a separate walk-in shower. The kitchen features a breakfast bar and so many cabinets! You will have plenty of space to store those appliances that aren't used as frequently, plus much more. There is a generous amount of counter space, perfect for meal prep and entertaining. With the large dining area, breakfast nook, and breakfast bar, you have plenty of room for hosting dinner parties with your guests. The full unfinished basement of 1782 heated square feet has interior and exterior access. There is a staircase that leads to the basement from inside the home and there is also a door and a double garage door to access from the exterior. The basement is split into 2 areas so you could use one area for storage and the larger area for a workshop, garage, or entertainment area for get-togethers. There is also a half bath located in the basement for convenience. The basement could easily be finished for additional heated living space. The rocking chair front porch is a great place to relax and enjoy that morning cup of coffee in peace and quiet. Looking for space to entertain outside? This home has a 2-level deck on the back, great for entertaining and cookouts. On the upper deck you will find a spacious hot tub, perfect for unwinding after a long day. The expansive 3.56 acres gives you lots of space for entertaining, gardening, and more. The Grace Ridge subdivision features several community amenities, including a clubhouse, outdoor pool, and fitness center. Residents can also enjoy a basketball court, ball field, playground, and walking trails. Other features include streetlights, a picnic area, and a recreation area. The HOA fees are only $123/quarterly. A great deal for these great amenities.
    130 days
    |
    929
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 08, 2026 at 01:06pm

    Listing Provided by:

    Lynnette Gearing lynnettegearing.realtor@gmail.com,

    Lantern Realty & Development, LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4320234MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom, Tray Ceiling(s)
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Main
      Bathroom full
      • Features: Garden Tub, Walk-In Closet(s)
      • Level: Main
      Bathroom full
      • Level: Main
      Bonus room
      • Level: Upper
      Breakfast
      • Level: Main
      Dining area
      • Level: Main
      Kitchen
      • Features: Breakfast Bar
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Features: Ceiling Fan(s)
      • Level: Main
      Heating
      • Electric, Heat Pump
      Cooling
      • Electric, Heat Pump
      Appliances
      • Included: Dishwasher, Electric Range
      • Laundry: Laundry Closet, Main Level
      Features
      • Basement: Basement Garage Door,Basement Shop,Bath/Stubbed,Exterior Entry,Full,Interior Entry,Unfinished
      • Fireplace features: Gas
      Interior area
      • Total structure area: 1,783
      • Total interior livable area: 1,783 sqft
      • Finished area above ground: 1,783
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Basement, Driveway, Attached Garage, Garage Faces Front, Garage on Main Level
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      • Details: Plenty of areas to park in the driveway and also the driveway that leads to the basement.
      Features
      • Levels: 1 Story/F.R.O.G.
      • Patio & porch: Covered, Deck, Front Porch
      • Exterior features: Fire Pit
      • Pool features: Community
      • Has spa: Yes
      • Spa features: Heated
      • On waterfront: Yes
      • Waterfront features: None, Creek
      Lot
      • Size: 3.56 Acres
      • Features: Open Lot, Rolling Slope, Wooded
      Details
      • Parcel number: 479G007
      • Zoning: RS
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Features: Clubhouse, Fitness Center, Game Court, Playground, Tennis Court(s), Walking Trails
      • Subdivision: Grace Ridge
      HOA
      • Has HOA: Yes
      • HOA fee: $123 quarterly
      • HOA name: Red Rock
      • HOA phone: 888-757-3376
      Location
      • Region: Salisbury

      Financial & listing details

      • Price per square foot: $306/sqft
      • Tax assessed value: $406,014
      • Annual tax amount: $2,832
      • Date on market: 11/8/2025
      • Cumulative days on market: 130 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Exclusions: Refrigerator, Washer, Dryer, Utility Building, Metal Gazebo, Safe
      • Electric utility on property: Yes
      • Road surface type: Concrete, Paved
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        Estimated market value

        $538,000

        $511,000 - $565,000

        $1,863/mo

        Price history

        Price history
        DateEventPrice
        2/18/2026Price change$545,000-6%$306/sqft
        Source: Canopy MLS as distributed by MLS GRID #4320234 Report a problem
        1/2/2026Price change$580,000-0.9%$325/sqft
        Source: Canopy MLS as distributed by MLS GRID #4320234 Report a problem
        11/8/2025Listed for sale$585,000$328/sqft
        Source: Canopy MLS as distributed by MLS GRID #4320234 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$2,832 +3%$406,014
        2024$2,751 $406,014
        2023$2,751 +36.8%$406,014 +52.4%
        2022$2,011 $266,369
        2021$2,011 +1%$266,369
        2020$1,991 $266,369
        2019$1,991 +24.6%$266,369 +25.4%
        2018$1,598 +1.5%$212,411
        2017$1,574 $212,411
        2016$1,574 $212,411
        2015$1,574 -1.2%$212,411
        2014$1,593 --
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,000/mo
        Principal & interest
        $2650
        Property taxes
        $309
        HOA Fees
        $41
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          Climate risks

          Neighborhood: 28147

          Getting around

          1 / 100
          Car-Dependent
          11 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Knollwood
          • Middle: Southeast
          • High: Jesse Carson

          Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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