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1420 Park Drive · Raleigh, NC 27605

Raleigh, NC 27605 · Forest Park
ActiveSingle FamilyForest ParkRaleigh TownshipWake County
$699,000
$516 / sq ftListed Sep 2, 2026

3
Bedrooms

2
Bathrooms

1,355
Square feet

0.19
Acres

1938
Year built
Forest ParkRaleigh TownshipWake CountyMLS 10190232

1420 Park DriveActive
$699,000 · 3 bd · 2 ba · 1,355 sf

Highlights

  • Brick Home
  • Unfinished Basement
  • Unfinished Storage Areas
  • Inside-The-Beltline Locations

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

Raleigh Township · Wake County · Raleigh, NC

Property history

  1. Price decreasedSource: IDX Doorify MLS #10190232$699,000−$76,000 · −9.8%$516/sqft
  2. Listed for saleSource: IDX Doorify MLS #10190232$775,000

Nearby listings

Near 1420 Park Drive · Raleigh, NC 27605

Status

Statuses-buttons
  • All
  • Sold (11)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

1420 Park Drive
Forest Park · This home
$699,000
1,355
$516
3
1938
0.19
Active
Oct 9, 2026
1403 Park Drive
Forest Park
$899,900
1,969
$457
3
1933
0.16
Under Contract
Sep 26, 2026
306 Hillcrest Road
Forest Park
$1,325,000
2,621
$506
3
1922
0.21
Active
Sep 26, 2026
1001 W Peace Street
Forest Park
$1,200,000
2,397
$501
4
1940
0.21
Active
Sep 26, 2026
215 Hillcrest Road
Forest Park
$1,700,000
4,429
$384
5
1917
0.45
Sold
Sep 22, 2026
117 Hillcrest Road
Forest Park
$2,890,000
6,255
$462
5
1916
0.26
Active
Oct 7, 2026

Showing 6 of 11 nearby listings

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Cameron Saemann
Cameron Saemann
Broker in Charge

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.