1420 Park Drive, Raleigh, NC

$775,000

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3

Beds

2

Baths

1,355

Square feet

0.19

Acres

About 1420 Park Drive

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.

Features of 1420 Park Drive

MLS® # 10190232
Price $775,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,355
Acres 0.19
Year Built 1938
Type Residential
Sub-Type Single Family Residence
Style Ranch
Status Active

Community Information

Address 1420 Park Drive
Subdivision Forest Park
City Raleigh
County Wake
State NC
Zip Code 27605

Amenities

# of Garages 1
Has Pool No

Interior

Heating Heat Pump
Cooling Heat Pump
Fireplace No
# of Stories 1
Stories Three Or More
Has Basement Yes
Basement Unfinished

Exterior

Roof Shingle
Construction Brick
Foundation Brick/Mortar

School Information

Elementary Wake - Wiley Elementary
Middle Wake - Oberlin Middle
High Wake - Needham Broughton High

Additional Information

Date Listed September 2nd, 2026
Zoning R-6
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDallas Pearce Realty

Listing Map

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