923 Ranch Farm Road · Raleigh, NC 27603

Raleigh, NC 27603 · Green Acres
ActiveSingle FamilyGreen AcresSaint Mary's TownshipWake County
$225,000
$159 / sq ftListed Nov 12, 2026

3
Bedrooms

2
Bathrooms

1,414
Square feet

0.45
Acres

1940
Year built
Green AcresSaint Mary's TownshipWake CountyMLS 10203088

923 Ranch Farm RoadActive
$225,000 · 3 bd · 2 ba · 1,414 sf

Highlights

  • Investment Opportunity
  • Fix-and-flip Project

About this home

ATTENTION INVESTORS! An exceptional investment opportunity awaits at 923 Ranch Farm Road in Raleigh!

Whether you're looking for your next fix-and-flip project or an addition to your rental portfolio, this property offers exciting possibilities for investors seeking to capitalize on the Raleigh real estate market.

Bring your vision, creativity, and renovation expertise to unlock this property's potential and maximize its value. Opportunities like this deserve a closer look!

Schedule your showing today and explore the possibilities. Property owner is a licensed real estate agent.

Location

Saint Mary's Township · Wake County · Raleigh, NC

Property history

  1. Listed for saleSource: IDX Doorify MLS #10203088$225,000$159/sqft

Nearby listings

Near 923 Ranch Farm Road · Raleigh, NC 27603

Status

Statuses-buttons
  • All
  • Sold (7)
  • Active (3)
  • Pending (1)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

923 Ranch Farm Road
Green Acres · This home
$225,000
1,414
$159
3
1940
0.45
Active
Nov 12, 2026
151 DUNLOE LOOP
Jameson
$770,000
2,689
$286
4
2022
0.21
Active
Sep 27, 2026
5510 Old Stage Road
Not in a Subdivision
$265,000
984
$269
3
1961
0.52
Sold
Sep 26, 2026
127 DUNLOE LOOP
Jameson
$750,000
3,234
$232
3
2023
0.17
Sold
Sep 22, 2026
616 Maple Lane
Rangewood
$402,500
2,683
$150
3
1965
0.47
Sold
Sep 27, 2026
1309 Legend Road
Colonial Heights
$294,000
1,305
$225
3
1959
0.58
Active
Oct 9, 2026

Showing 6 of 11 nearby listings

Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.

How the price compares

Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.

This home
$159
per sq ft
City of Raleigh
$230
median · this home is 31% below
Saint Mary's Township
$185
median · this home is 14% below
Wake County
$221
median · this home is 28% below

Updated

Sold for
$265,000
Per sq ft
$269
Size
984 sq ft
Lot
0.52 acres

5510 Old Stage Road

Sold Sep 11, 2026
Sold for $40k more430 sq ft smaller$110 higher per sq ftMove-in ready with updated kitchen and refinished floors

This sold listing on Old Stage Road closed at a noticeably higher price per square foot, but it offers a completely finished, move-in-ready living space. Inside, this property features polished hardwood floors, a refreshed kitchen with granite counters, and updated mechanical systems. In contrast, 923 Ranch Farm Road is positioned as an investor project needing cosmetic repairs, siding care, and general interior renovation. While the home for sale gives you over 400 extra square feet, that space requires a substantial budget to match the finished presentation seen here.

Bottom line
923 Ranch Farm Road presents a sensible trade-off between lower entry cost with more space versus the finished convenience of this sold home.

Sold for
$335,000
Per sq ft
$232
Size
1,442 sq ft
Lot
0.53 acres

700 Woodland Road

Sold Sep 1, 2026
Sold for $110k more28 sq ft larger$73 higher per sq ftFully renovated with vaulted beamed ceilings and new porches

This sold listing on Woodland Road demonstrates what a fully renovated home on a half-acre lot can achieve in this area. It boasts designer details including vaulted wood-beamed ceilings, a painted brick fireplace, a sleek primary bath, and a screened back porch. 923 Ranch Farm Road has a very similar footprint and lot size, but it requires a complete overhaul to reach this caliber of finish. The substantial price difference reflects the turnkey quality and high-end aesthetic already in place at this property.

Bottom line
For buyers willing to take on a major renovation project, 923 Ranch Farm Road offers a clear path toward the finished value demonstrated by this property.

Sold for
$305,000
Per sq ft
$261
Size
1,170 sq ft
Lot
0.46 acres

5923 Woodcrest Drive

Sold Jul 17, 2026
Sold for $80k more244 sq ft smaller$102 higher per sq ftTidied up with fresh paint, newer flooring, and new fencing

The home on Woodcrest Drive sold for $80,000 more despite offering about 240 fewer square feet. This sold listing underwent clean cosmetic touch-ups prior to sale, including fresh interior paint, updated vinyl plank flooring, and a newly fenced backyard. Looking at 923 Ranch Farm Road, you will find more overall interior space and a comparable lot, but the exterior siding, deck, and interiors will need immediate work. The extra square footage at 923 Ranch Farm Road gives you solid upside once the necessary renovations are completed.

Bottom line
923 Ranch Farm Road appears fairly priced as an investment opportunity when measured against the finished cost of this smaller home.
Take the next step

You’ve just seen more about this home than you will see anywhere.

What nearby homes sold for, the full listing history, the neighborhood numbers — that’s the homework we do on every home before you make a move.

  • Whether the asking price holds up, and what to offer
  • What it could become — staging, updates, and what they return
  • What your own home would sell for, if a move means selling first
Pick any open time · Phone or video · Just looking is fine
Cameron Saemann
Cameron Saemann
Broker in Charge

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

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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.