1001 W Peace Street
Raleigh, NC, 27605 $ 1,150,000
Bedrooms4 Baths3.0 Sq 2,397 Monthly Estimate*
$ 7,943
for $1,150,000 with 4 bedrooms and 3 full baths. This 2,397 square foot home was built in 1940 on a lot size of 0.21.
Nestled in Raleigh's highly desirable Cameron Park, also known as Forest Park, this exceptional all-brick home offers the perfect combination of historic character, thoughtful updates, flexible living space, and incredible outdoor living. Zoned as a duplex and tastefully converted to function as a single-family residence, the property can easily be used as a traditional duplex, an ideal multigenerational living arrangement, or live on the main floor and rent out the upstairs. The upstairs has a separate entrance and private kitchenette with refrigerator, stove, microwave, dishwasher, washer and dryer. The main residence features a beautifully appointed kitchen with an Electrolux five-burner gas cooktop, brand-new Frigidaire electric oven, Frigidaire Gallery refrigerator, Whirlpool dishwasher, GE convection oven/microwave, beverage cooler, Celadon marble backsplash, and Visual Comfort pendant lighting. The dining room is accented by a striking brass chandelier from Revolution by Uttermost. Plantation shutters adorn the dining room and den, while wooden blinds and woven woods are featured throughout the remaining rooms. The recently updated primary bathroom offers a spacious walk-in shower with a built-in bench and two shower heads. The inviting living room features a fireplace with gas logs and an elegant marble surround. The second-floor entertaining space/apartment provides tremendous flexibility and includes a fully equipped kitchenette making it ideal for guests, extended family, a home office, or separate living quarters. Adding even more potential is the 1,372-square-foot unfinished basement, offering an abundance of possibilities for future expansion. With both interior and exterior entrances and daylight windows, the space could be transformed into a bonus room, additional bedrooms, office, home gym, in-law suite, a recreation room, or whatever best suits your needs. The outdoor spaces are truly special. Enjoy more than 400 square feet of brick patio surrounded by lush, Southern Living-inspired gardens and enclosed by beautiful black cast-aluminum fencing draped in jasmine and roses, creating an intimate and private setting for entertaining or relaxing. The gorgeous wraparound front porch provides another wonderful space to enjoy the outdoors and the character of this exceptional neighborhood. Ideally located just one block from Forest Park and within a short walk of the restaurants and shops of Smoky Hollow, including Publix, this home offers an enviable location close to downtown Raleigh while maintaining the charm and tranquility of one of the city's most established neighborhoods. A rare opportunity to own a flexible, beautifully updated home with exceptional outdoor spaces, substantial unfinished expansion potential, and the unique versatility of duplex zoning in Cameron Park/Forest Park. HVAC 1st floor (2014), 2nd floor (2024), water heater (2025)
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FeaturesGeneralSewer Public Sewer
Heating Central Forced Air
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Roof Shingle
Appliances Bar Fridge Dishwasher Free-Standing Electric Range Gas Cooktop Refrigerator Wall Oven
Zoning R-10
Patio/Porch Features Porch Wrap Around
Architectural Style Traditional
Construction Materials Brick Veneer Wood Siding
Year Built 1940
View Downtown
Stories Count 2
Levels Two
Property Subtype Single Family Residence
County Wake
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Forest Park
Facing Direction North
Garage Y/N false
Total Rooms 11
Full Baths 3
Status Active
Directions Glenwood Avenue to Right on Peace Street cross over St Mary's and house is on the left. Corner of Peace Street and W. Park Drive
High School Wake - Needham Broughton High
City Raleigh
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 9148
Elementary School Wake - Wiley Elementary
Tax Annual Amount 5708.23
Middle/Junior High School Wake - Oberlin Middle
Structure Type Site Built
Standard Status Active
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InteriorInterior Amenities Apartment/Suite Open Floorplan Primary Downstairs Smooth Ceilings
Basement Daylight Exterior Entry Full Interior Entry Storage Space Unfinished Unheated Walk-Out Access
Flooring Hardwood Tile
Total Fireplaces 1
Fireplace Features Family Room
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 2397
Half Baths 0
Laundry Features In Basement
Total Bedrooms 4
Below Grade Finished Area 0
Above Grade Finished Area Source Plans
Total Baths 3
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ExteriorExterior Amenities Private Yard
Fencing Back Yard Front Yard
Parking Features Driveway
Lot Features Corner Lot Hardwood Trees Landscaped Near Public Transit Rectangular Lot
Water Source Public
Lot Size Area 0.21
Foundation Details Block Brick/Mortar
Building Area Total 2397
Lot Size Acres 0.21
Road Surface Type Asphalt
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* Excluded FeaturesList ByJohn MerrimanListing Agent
Berkshire Hathaway HomeserviceBroker
john@johnmerriman.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,943
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Raleigh, NC
Average List Price $984,964
Percent of Sale Price 14%
About Raleigh, NC 449,258 Population
53% Since 2002
$ 61,541 Median Income
35.12 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Wake - Needham Broughton High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/14/2026 | $1,150,000 | -4.17% | Price Down |
| 8/25/2026 | $1,200,000 | | Listed Price |