
$420,000 $171/sqft
1027 Tabor Road
Olin, NC 28660
3 bd · 3 ba · 2,449 sqft · 2006 · 21 d ago
Padgett Farms in Olin feels like a pocket of open space and newer construction set against a distinctly rural backdrop.
Community overview based on MLS listing data for Padgett Farms, Olin
Padgett Farms in Olin feels like a pocket of open space and newer construction set against a distinctly rural backdrop. The neighborhood’s appeal starts with its generous lots, practical single-family homes, and the kind of horizon views that make evenings feel unrushed. Recent listings lean into that setting with nearly half-acre parcels, open skies, and a calm country atmosphere that still keeps everyday needs within reach.
"A rural setting with newer homes, broad lots, and an easy connection to town."
This is a community of detached homes, with a clear emphasis on one-level layouts, open living spaces, and low-maintenance finishes. The housing stock spans from 2000 to 2025, so you’ll see both earlier modular and ranch-style homes as well as brand-new construction. Common details include granite countertops, vaulted ceilings, split-bedroom plans, covered porches, decks, and outbuildings; many homes also offer garages, while basements and waterfront settings are not part of the picture here. Lot sizes are notably roomy for the area, which gives the neighborhood a relaxed, spread-out feel rather than a tightly packed subdivision look.
Several homes highlight energy efficiency, builder warranties, and modern finishes, which gives Padgett Farms a refreshed, move-in-ready character. The streets themselves—Allen Hills Way, Willies Lane, Speaks Road, and Tabor Road—suggest a small residential pocket with a consistent country-road rhythm.
Daily life here is shaped less by shared amenities and more by the setting itself: room to garden, space for outdoor living, and porches and decks that make the most of the views. The area’s strongest lifestyle feature is its easy blend of privacy and practicality. Residents are about 20 minutes from downtown Statesville, where shopping, dining, healthcare, and everyday services are within easy reach. Outdoor and leisure options nearby include Lake Norman State Park, Serenity Alpaca Farm, and Daveste Vineyards in Troutman, giving the community a pleasant mix of recreation and weekend destinations.
"Open land, new construction, and town access define the pace of life here."
Padgett Farms sits in northern Iredell County in the Olin area, with a straightforward connection to I-77 and a regional setting that feels comfortably removed from heavier traffic. The community is also described as convenient to the interstate, shopping, schools, parks, dining, and the library, with Harmony Park named in earlier remarks. For schools, the commonly associated path is Harmony Elementary, North Iredell Middle, and North Iredell High. That combination, along with the Olin location and the drive into Statesville, helps place the neighborhood clearly within the northern Iredell corridor.
Palmetto Park Realty Team · Olin
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20 recently sold in Padgett Farms, Olin
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
| | May 12 2026 | $299,000 | 123 | 1,420 sq ft | 100.0% | $211 |
| | May 6 2026 | $299,000 | 117 | 1,420 sq ft | 100.0% | $211 |
| | Apr 17 2026 | $280,000 | 98 | 1,329 sq ft | 100.0% | $211 |
| | Feb 16 2023 | $315,000 | 254 | 1,449 sq ft | 98.5% | $217 |
| | Jun 30 2022 | $290,010 | 46 | 1,450 sq ft | 100.0% | $200 |
| | Apr 29 2022 | $220,000 | 31 | 1,376 sq ft | 100.0% | $160 |
| | Apr 22 2022 | $200,900 | 65 | 1,276 sq ft | 100.5% | $157 |
| | Dec 8 2021 | $210,000 | 60 | 1,276 sq ft | 110.6% | $165 |
| | Sep 9 2021 | $195,000 | 36 | 1,276 sq ft | 100.0% | $153 |
| | Apr 23 2021 | $225,000 | 67 | 2,280 sq ft | 93.8% | $99 |
| | Apr 5 2021 | $246,500 | 105 | 1,527 sq ft | 98.6% | $161 |
| | Apr 28 2020 | $212,900 | 111 | 1,450 sq ft | 106.5% | $147 |
| | Jul 23 2019 | $136,500 | 53 | 1,340 sq ft | 98.9% | $102 |
| | Jan 4 2019 | $147,500 | 123 | 1,276 sq ft | 98.3% | $116 |
| | Mar 8 2018 | $128,000 | 71 | 1,336 sq ft | 98.5% | $96 |
| | Sep 6 2016 | $143,000 | 32 | 1,276 sq ft | 98.6% | $112 |
| | Jun 13 2016 | $155,000 | 192 | 2,280 sq ft | 103.4% | $68 |
| | Mar 12 2015 | $116,900 | 79 | 1,300 sq ft | 97.5% | $90 |
| | Oct 14 2014 | $118,000 | 131 | 1,232 sq ft | 98.3% | $96 |
| | May 7 2012 | $97,000 | 221 | 1,092 sq ft | 97.0% | $89 |
Closed sales from MLS history for Padgett Farms, Olin
Padgett Farms median sale price is $210,000; Olin is up 63.5%.
Below trend-line threshold — city median shown for context
The Padgett Farms real estate market shows buyer's market conditions. Homes typically sell within 88 days. With 1 active listing and 3 homes sold in the past year, buyers have more negotiating power and time to decide.
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