(864) 362-2375
$699,000
1420 Park Drive, Raleigh, NC 27605
3Beds
2Baths
1,355SQFT
0.19Acres
1938YearYear Built
About This Home
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.
Location
Key Facts
Status: Active
Type: Residential
Neighborhood: Forest Park
Annual Taxes: $6,363
HOA Fees: $0
MLS: Doorify
MLS #: 10190232
Features
Single Family Residence
Mortgage Calculator
$3,535Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $699,000
Status: Active — For Sale
Recent change: Price reduced
Days on market: 38
Last updated: Oct 10, 2026
Schools
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Listing courtesy of Dallas Pearce Realty
Source MLS #: 10190232
Last updated: Oct 10, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.