$775,000

1420 Park Drive, Raleigh, NC 27605

  • 3 beds |
  • 2 baths |
  • 1,355 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $572/sqft
  • Property List Date Icon Listed 20 days ago

Property 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.

Listing Status:
Active
Date Added:
September 2, 2026
Data Last Updated:
September 22, 2026 at 6:41AM
Listing Office:
Dallas Pearce Realty : 919-404-1405
Listing Agent:
Derek Pruitt : 919-270-4034
MLS ID:
10190232
  • Basement: Unfinished
  • Flooring: HardwoodTileVinyl
  • A/C: Heat Pump
  • Heating: Heat Pump
  • Style: Ranch
  • Roofing: Shingle
  • General: Brick1Brick/Mortar
  • Originating MLS: Doorify MLS
  • County: Wake
  • Zoning: R-6Lo29 & 30 Cameron Pk Bl20170418217526000 0059514
  • Water: Public
  • Sewer: Public Sewer
  • Source: Doorify MLS

This listing courtesy of Derek Pruitt , Dallas Pearce Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby