🔥 259 Crestwood Cir, High Point, NC 27260. Single family, 3 bed / 1 bath, 1,374 sq ft on 0.34 acres — built 1930 with face brick exterior. Sold comps averaging ~$168K — priced at $99.9K. That’s ~$68K below market, unrenovated. 🤝
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Why High Point? High Point sits at the heart of the Triad — 20 minutes from Greensboro, 30 from Winston-Salem — and has been quietly building momentum as one of the most landlord-friendly, cash-flow-positive markets in the Carolinas. With High Point University driving consistent rental demand and a furniture market that keeps the city on the national radar, investors are finding that starter-tier homes here carry real exit optionality: flip, rent, or hold. At under $100K with face brick and a large lot, this one is priced where the numbers work.
💰 Asking: $99,900 | Comp Average: ~$168,667 | 🔥 Spread: ~$68,767
| Type | Single Family Residence |
| Bedrooms / Baths | 3 bed / 1 bath |
| Living Area | 1,374 sq ft |
| Year Built | 1930 |
| Lot Size | 0.34 acres |
| Exterior | Face brick |
| Utilities | City Water & City Sewer — Electric (City of High Point) |
| Occupancy at Closing | ✅ Will be vacant at closing |
| Closing Date | May 22, 2026 |
| Closing Attorney | Atlas Orange |
✅ Face brick exterior — low maintenance and durable. ✅ Roof approximately 10 years old. ✅ HVAC system (heating and cooling) present and approximately 8 years old — currently not in use, fireplace used as primary heat source. ⚠️ Fireplace approximately 10 years old — buyers should inspect and evaluate both the HVAC and fireplace systems as part of due diligence. Property is being sold as-is with no repairs or warranties.
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 211 Spencer St, HP 27265 | 1,040 | $182,500 | $175/sq ft | Sold — TLC condition, near HPU |
| 207 Willowood Dr, HP 27260 | 1,200 | $173,500 | $145/sq ft | Sold — same zip, similar era |
| 256 Crestwood Cir, HP 27260 | 1,108 | $150,000 | $135/sq ft | Same street — location anchor |
| Comp Average (sold) | ~1,116 | ~$168,667 | ~$152/sq ft | |
| 🏷️ Our Price | 1,374 | $99,900 | $73/sq ft | |
| 💸 Your Spread | ~$68,767 |
Subject property at 1,374 sq ft is larger than all three comps — a favorable size advantage that further strengthens the value position.
💡 At $73/sq ft, you’re buying a larger home than any of the comps in a neighborhood where sold properties are clearing $135–$175/sq ft. The subject’s face brick exterior and city utilities are positives that cheaper wood-frame comparables can’t match. A full renovation with a 2nd bath added could push exit value toward the $180–$195K range. Even a light cosmetic refresh and a functional HVAC system widens the spread considerably. The margin is real — and the location is on Crestwood Circle itself, not a street away.
⚠️ DISCLAIMER — Please Read Before Submitting an Offer
📋 Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $5,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- $495 transaction fee payable to Bright Home Offer LLC
- Closing through our closing attorney
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.