1420 Park Dr, Raleigh, NC 27605

$775,000
3
BD
2
BA
1,355
SqFt

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Seller Representative Dallas Pearce Realty

List Price
$775,000
Status
ACTIVE
Days on Market
15
MLS#
10190232
Subtype
Residential
Style
Ranch
Year Built
1938
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,355
Lot Size
8,276
Acres
0.19
Subdivision
Forest Park

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.

Additional Information

Taxes
$6,363
Financing
None
Property Description
Ranch
Zoning
R-6
Flooring
Hardwood, Tile, Vinyl
Heating
Heat Pump
Air Conditioning
Heat Pump
Stories
1
Levels
Three Or More
Roof
Shingle
Foundation
Brick/Mortar
Garage Spaces
1
Elementary School
Wake - Wiley Elementary
Middle School
Wake - Oberlin Middle
High School
Wake - Needham Broughton High

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .