1420 Park Drive Raleigh, NC $ 699,000
1420 Park Drive
$ 699,000
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1420 Park Drive

Raleigh, NC, 27605
$ 699,000
Bedrooms3 Baths2.0 Sq 1,355

Monthly Estimate*

$ 4,828

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Single Family Home for sale in Raleigh, NC

for $699,000 with 3 bedrooms and 2 full baths. This 1,355 square foot home was built in 1938 on a lot size of 0.19.

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.

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Single Family Active

Price

$ 699,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

0.19

Year Built

1938

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10190232

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Roof Shingle
Zoning R-6
Garage Spaces 1
Architectural Style Ranch
Construction Materials Brick
Year Built 1938
Stories Count 1
Levels Three Or More
Property Subtype Single Family Residence
County Wake
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Forest Park
Garage Y/N true
Total Rooms 6
Full Baths 2
Status Active
Directions From 440 : Take the US 401 S/ Capital Blvd Exit toward downtown. Turn right on W. Johnson St. Turn left on W Park Dr. Turn right on Park Dr.
High School Wake - Needham Broughton High
City Raleigh
Senior Community Y/N false
Open Parking Spaces 1
Lot Size Units Acres
Lot Size Square Feet 8276
Elementary School Wake - Wiley Elementary
Tax Annual Amount 6363.34
Middle/Junior High School Wake - Oberlin Middle
Structure Type Site Built
Standard Status Active
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Interior
Basement Unfinished
Flooring Hardwood Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 1355
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
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Exterior
Water Source Public
Lot Size Area 0.19
Foundation Details Brick/Mortar
Building Area Total 1355
Lot Size Acres 0.19
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* Excluded Features
List By
Derek Pruitt

Listing Agent

Dallas Pearce Realty

Broker

derek@dallaspearcerealty.com

Email

Affordability Calculator

$4,828
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,828
Monthly Property Taxes
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Monthly Home Insurance
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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.
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Nearby
0 Elementary School
0 Middle School
Wake - Needham Broughton High High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2026$699,000 -9.81% Price Down
9/2/2026$775,000 Listed Price

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1420 Park Drive, Raleigh, NC, 27605 is a Single Family Home for sale at $699,000 with 1,355 sqft and a lot size of 0.19. 1420 Park Drive has 3 bedrooms, 2.0 baths, and was built in 1938. The property's zip code is 27605 which is in Raleigh, NC