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5424 Old Town Ln, Gastonia, NC, 28056

6beds
5baths
4,824sqft
$799,900
$166price/sqft
$5,480/moest. monthly cost
$219,200/yrincome needed

About This Home

Stunning Six-Bedroom Custom Home with a Fully Finished Basement Suite on 1.41 Private Acres in Cramer Woods – Loaded with Upgrades and surrounded by top-notch schools! This exceptional custom home offers the perfect blend of luxury, function, and space. Soaring ceilings, detailed moldings, and an open-concept layout create an inviting main living area, anchored by a dual-sided fireplace that seamlessly connects indoor and outdoor living—perfect for relaxing, birdwatching, or enjoying the peaceful sounds of the in-ground koi pond waterfall. The stunning kitchen is a true showpiece, featuring granite countertops, double wall ovens, a pot filler, an oversized island with a breakfast bar, a built-in desk, and an expansive walk-in pantry with abundant cabinetry and storage. The main level includes two secondary bedrooms and a full bath, along with a spacious primary suite showcasing a lighted tray ceiling and large windows. The fully renovated primary bathroom is a true retreat, highlighted by a rare double-sided freestanding soaking tub, a glass-enclosed shower, dual vanities, and a generous walk-in closet. Upstairs offers additional bedrooms/bonus space and a full bath, along with custom built-ins, wide hallways, window seating, and endless storage throughout. The fully equipped second living quarters are ideal for multi-generational living or guests, featuring a full kitchen with granite countertops and tile backsplash, a dining area, a living room with a fireplace, a bedroom, a full bath with a double vanity, an oversized closet, an additional half bath, and a covered patio. Additional features include a safe room, tankless water heater, and a double garage with built-in cabinetry and a workbench. All of this sits on a beautifully landscaped 1.41-acre private lot complete with a fire pit, mature trees, and vibrant flowers—your own personal retreat. And the back yard is perfectly blank canvas for your dream pool! Tavel for work or for fun often? Just 12 miles or 20 minutes to Charlotte Airport!

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

10/10
10/10
Cramerton Middle SchoolGrades 6-80.7 mi
9/10
South Point High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick Full

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Electric Cooktop,Microwave,Plumbed For Ice Maker,Tankless Water Heater,Washer/Dryer
  • Laundry features: In Basement,Laundry Room,Lower Level,Main Level

Basement

  • Has basement: Yes
  • Basement: Apartment,Finished,Sump Pump,Walk-Out Access,Walk-Up Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Basement

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Basement

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bedrooms: 3

Dining Area

  • Level: Main

Dining Area

  • Level: Basement

Features

  • Window features: Insulated Windows
  • Flooring: Carpet,Vinyl
  • Fireplace features: Gas Log
  • Finished area below ground: 1,483
  • Finished area above ground: 3,341

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 3,341
  • Total interior livable area: 4,824 sqft

Kitchen

  • Features: Computer Niche,Walk-In Pantry
  • Level: Main

Kitchen

  • Level: Basement

Laundry

  • Level: Main

Laundry

  • Level: Basement

Living Room

  • Level: Main

Living Room

  • Level: Basement

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Main

Primary Bedroom

  • Level: Basement

Property

Details

  • Parcel number: 205990
  • Zoning: R1H
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch,Screened
  • Exterior features: Fire Pit,In-Ground Irrigation

Lot

  • Lot size: 1.41 Acres

Parking

  • Total spaces: 3
  • Parking features: Driveway,Garage Faces Side,RV Access/Parking,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind

FEMA Declared Disasters in Gaston County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,044$48,528
Home Insurance *$289$3,468
Property Taxes $698$8,376
Electricity $449$5,391
Total$5,480$65,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$187,885/yr
40% on housing$164,400/yr
45% on housing$146,133/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.2%
16.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 28056$170
Gaston County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28056$192
Gaston County$187

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$849,900
2020-10-19Sold$537,500
2020-08-23Pending sale$569,900
2020-07-31Listed for sale$569,900
2011-04-19Sold$370,000
2010-12-20Price change$389,900
2010-09-29Price change$399,900
2010-08-14Listed for sale$425,000
2005-04-29Sold$40,000

For Sale by Agent

AgentScottie Tyson
BrokerageEXP Realty LLC

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