
$167,900 $177/sqft
713 Prospect Street
Lenoir, NC 28645
3 bd · 1 ba · 946 sqft · 1948 · 4 mo ago
Wakefield Terrace feels like one of Lenoir’s older residential pockets, where modest cottages and ranch homes sit on generous lots and the streets carry a settled, lived-in character.
Community overview based on MLS listing data for Wakefield Terrace, Lenoir
Wakefield Terrace feels like one of Lenoir’s older residential pockets, where modest cottages and ranch homes sit on generous lots and the streets carry a settled, lived-in character. The homes here date from the late 1940s through the 1950s, so the neighborhood has a consistent mid-century rhythm: practical floor plans, traditional construction, and plenty of room between houses.
"A classic Lenoir neighborhood where everyday convenience meets older-home character."
Single-family homes define the community, and many have been updated over time with newer roofs, replacement windows, refreshed interiors, and modern heating and cooling systems. Wood floors, brick exteriors on select homes, basements in some properties, and large yards all add to the appeal. Lot sizes lean substantial, which gives the area a more open feel than many newer subdivisions. The overall look is approachable and unpretentious, with homes that invite renovation, personalization, and long-term use.
Wakefield Terrace also shows a practical side. Some properties offer bonus rooms, workshops, carports, or basement space that can flex with changing needs, while others emphasize simple, move-in-ready updates. It is the kind of neighborhood where character matters as much as square footage, and where buyers often respond to the combination of affordability, usable land, and straightforward home design.
Daily life in Wakefield Terrace centers on convenience. Listings consistently point to quick access to downtown Lenoir, shopping, dining, and the broader Highway 321 corridor. That makes errands and everyday trips feel easy, whether you are heading for groceries, a meal out, or services in town. The setting is residential, but not isolated; it sits close enough to the city’s main routes to keep the pace manageable without losing the feel of a neighborhood street.
"Close to town, with enough yard and space to make the setting feel distinctly residential."
Wakefield Terrace sits on Lenoir’s northwest side, with Prospect Street, Montclair Circle, Link Place, and Peak Place anchoring the neighborhood’s street network. Highway 321 is the key travel route mentioned in the listings, and the community is described as being minutes from downtown Lenoir as well as the 321 shopping and dining area. That puts everyday destinations within easy reach while keeping the neighborhood tied to the city’s established residential core.
School assignments center on Valmead Elementary, William Lenoir Middle, and Hibriten High. The community’s position in Lenoir city limits, paired with its access to major thoroughfares and town services, gives it a straightforward, practical location profile for buyers who want older homes, larger lots, and a central in-town setting.
Palmetto Park Realty Team · Lenoir
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8 recently sold in Wakefield Terrace, Lenoir
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
| | Mar 23 2026 | $25,000 | 96 | — | 83.3% | — |
| | Aug 13 2024 | $180,000 | 99 | 1,134 sq ft | 94.8% | $159 |
| | May 1 2023 | $152,000 | 38 | 1,134 sq ft | 101.4% | $134 |
| | Dec 15 2022 | $175,000 | 47 | 1,255 sq ft | 100.1% | $139 |
| | Mar 4 2022 | $60,000 | 30 | — | 92.3% | — |
| | Dec 14 2021 | $119,900 | 33 | 1,161 sq ft | 100.0% | $103 |
| | Nov 30 2021 | $95,000 | 48 | 832 sq ft | 108.1% | $114 |
| | Jul 24 2020 | $100,000 | 56 | 1,092 sq ft | 95.2% | $92 |
Closed sales from MLS history for Wakefield Terrace, Lenoir
Below trend-line threshold — city median shown for context
+1 outside price range.
The Wakefield Terrace real estate market shows balanced market conditions. Homes typically sell within 47 days. With 2 active listings and 1 home sold in the past year, a healthy balance exists between buyers and sellers.
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