Description
Located in one of Raleigh's most desirable Inside-the-Beltline locations, 1420 Park Drive offers a unique opportunity for renovation, investment, or potential redevelopment. The existing brick home, built in 1938, provides a starting point for those looking to reimagine a property in an established neighborhood convenient to Downtown Raleigh, the Village District, NC State, Glenwood South, and nearby parks, dining, shopping, and schools. Beyond the main living area, the property offers valuable additional space with an unfinished basement and unfinished storage areas, providing flexibility for renovation, storage, workshop space, or other potential uses. Whether restoring and updating the existing home or exploring a larger redevelopment vision, the property's location and surrounding neighborhood make this an opportunity worth considering. Property is being offered with renovation and redevelopment potential in mind. Buyers are encouraged to consult with the City of Raleigh Planning and Development Department and review the applicable Unified Development Ordinance (UDO), zoning, historic district requirements, setbacks, and other regulations to independently determine what renovations, additions, redevelopment, or other uses may be permitted. Due to estate settlement purposes closing will likely need to occur in early to mid December.
Details
| MLS # | 10190232 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 13 |
| Listing Provided By | Dallas Pearce Realty | Derek Pruitt |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,355 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R-6 |
| Acreage | 0.19 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Heat Pump |
| Rooms Total | 6 |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Brick/Mortar |
| Construction Materials | Brick |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 697760 |
|---|---|
| Tax Legal Description | Lo29 & 30 Cameron Pk Bl20 |
| Tax Year | 2026 |
| Tax Map Number | 29 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27605 |
| Area | Wake |
| Community Name | Forest Park |
| School District | Wake - Needham Broughton High |
| Elementary School | Wake - Wiley Elementary |
| High School | Wake - Needham Broughton High |
| Listing VS Median (in Forest Park) | |
Price: $775,000 low | high Med: $1,262,500 sqft: 1,355 low | high Med: 2,509 $ / sqft: $572 low | high Med: $503 On site: 13 low | high Med: 48 | |
Market Activity 27605
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Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27605 |
| Area | Wake |
| Community Name | Forest Park |
| School District | Wake - Needham Broughton High |
| Elementary School | Wake - Wiley Elementary |
| High School | Wake - Needham Broughton High |
| Listing VS Median (in Forest Park) | |
Price: $775,000 low | high Med: $1,262,500 sqft: 1,355 low | high Med: 2,509 $ / sqft: $572 low | high Med: $503 On site: 13 low | high Med: 48 | |
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
