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128 W Colonial Dr, Salisbury, NC, 28144

4beds
5baths
4,917sqft
$925,000
$188price/sqft
$6,645/moest. monthly cost
$265,800/yrincome needed

About This Home

Some homes are admired. Others are experienced. Hidden behind mature trees on nearly two private acres, this remarkable estate offers a lifestyle rarely found within the city limits of Historic Salisbury. Beautifully restored and thoughtfully updated, it is a home where timeless architecture and modern luxury exist in perfect harmony, creating spaces that feel equally suited for elegant entertaining, quiet mornings, and everyday living. From the moment you arrive, the pace slows. Brick walkways lead to gracious covered porches, professionally designed gardens, and outdoor living spaces that feel more like a private retreat than an in-town residence. Whether enjoying coffee overlooking the gardens, gathering around the fire pit with friends, or spending an evening on the expansive covered porch, every corner of the property invites you to linger. Inside, exceptional craftsmanship is evident throughout. Rich hardwood floors, intricate millwork, soaring ceilings, beveled glass pocket doors, custom built-ins, and abundant natural light create interiors that are both sophisticated and welcoming. Formal living and dining rooms blend effortlessly with warm, comfortable gathering spaces designed for the way people live today. The beautifully renovated kitchen serves as the heart of the home, featuring a Viking six-burner range with griddle, GE Monogram refrigerator, dual dishwashers, an oversized island, custom cabinetry, and a well-appointed entertaining bar complete with beverage refrigerator, ice maker, and sink. The adjoining keeping room naturally becomes the place where everyone gathers. The luxurious owner's suite offers a peaceful retreat with a stunning renovated bath and an extraordinary dressing-room-style closet that feels more like a private boutique than a traditional walk-in closet. Generously sized secondary bedrooms, beautifully updated baths, and exceptional storage continue throughout the home. Equally impressive are the property's flexible living spaces, including a professionally waterproofed basement ideal for fitness, hobbies, or storage, and a finished heated and cooled space above the detached garage that easily serves as a private office, studio, guest retreat, or recreation room. What truly sets this property apart, however, is the experience it offers. It is rare to find nearly two acres of beautifully landscaped privacy, historic architectural character, and thoughtfully updated living spaces combined in one extraordinary residence. Homes of this caliber seldom become available, offering a unique opportunity to enjoy an estate lifestyle just minutes from everything Salisbury has to offer.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

7/10
H D Isenberg ElementaryGrades PK-50.9 mi
--
Knox Middle SchoolGrades 6-81.8 mi
3/10
Salisbury High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1929

Materials

  • Construction materials: Brick Full

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Disposal,Exhaust Hood,Gas Range,Refrigerator,Refrigerator with Ice Maker,Wine Refrigerator
  • Laundry features: In Basement

Bar Entertainment

  • Level: Main

Basement

  • Has basement: Yes
  • Basement: Daylight,Partially Finished,Sump Pump,Other

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bathroom Half

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 2
  • 1/2 bathrooms: 3

Dining Room

  • Level: Main

Features

  • Total Primary Heated Living Area: 4333
  • Door features: French Doors,Mirrored Closet Door(s),Pocket Doors
  • Flooring: Slate,Tile,Wood
  • Fireplace features: Gas Log,Living Room
  • Finished area below ground: 0
  • Finished area above ground: 4,333

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Natural Gas
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 4,333
  • Total interior livable area: 4,917 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Main

Primary Bedroom

  • Level: Upper

Study

  • Level: Main

Sunroom

  • Level: Main

Property

Details

  • Parcel number: 333026
  • Zoning: GR6
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Enclosed,Front Porch,Patio,Porch,Rear Porch,Side Porch
  • Exterior features: Other - See Remarks
  • Fencing: Back Yard,Privacy,Wood

Lot

  • Lot size: 1.74 Acres
  • Features: Private
  • Lot size dimensions: 200 x 359

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Parking Space(s),Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Lightning
Tornado
Strong Wind
Winter Weather

FEMA Declared Disasters in Rowan 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 $4,677$56,124
Home Insurance *$557$6,684
Property Taxes $954$11,448
Electricity $457$5,495
Total$6,645$79,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$227,828/yr
40% on housing$199,350/yr
45% on housing$177,200/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: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.8%
6.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 28144$129
Rowan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28144$171
Rowan County$178

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
2026-05-18Listed for sale$925,000
2005-11-29Sold$410,000

For Sale by Agent

AgentJayne Helms
BrokerageWallace Realty

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