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Active
$775,000 Est. $5,340/mo — Get pre-qualified
3beds 2baths 1,355sq ft 0.19acres

1420 Park Drive · Raleigh, NC 27605

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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 & Amenities

Living Area1,355 Sq.Ft.
Bedrooms3
Baths2
HeatingHeat Pump
CoolingHeat Pump
FlooringHardwood, Tile, Vinyl
FireplaceNo
StyleRanch
Year Built1938
ConstructionBrick
RoofShingle
FoundationBrick/Mortar
StatusActive
Lot Size0.19 Acres
SubdivisionForest Park
CountyWake
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedSep 4, 2026
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryWake - Wiley Elementary Elementary School
MiddleWake - Oberlin Middle Middle School
HighWake - Needham Broughton High High School
Presented By: Dallas Pearce Realty; dallaspearce@bellsouth.net

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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