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Active
$625,000 Est. $4,306/mo — Get pre-qualified
4beds 3baths 2,412sq ft 1.95acres

7217 Rabbit Run · Wake Forest, NC 27587

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NEW PRICE + ONE YEAR BUY-DOWN WITH PREFERRED LENDER! Now offered at $625,000! Your opportunity to own this beautiful Wake Forest property on nearly 2 ACRES just got even better! Enjoy the space, privacy, and charm of this special property, plus the added benefit of a one year rate buy-down when financing with the preferred lender. One of the largest homesites in the neighborhood, this exceptional Wake Forest home offers a rare combination of privacy, timeless character, and modern comfort, all just minutes from Falls Lake, historic downtown Wake Forest, shopping, dining, and everyday conveniences. Extensively updated throughout, the home pairs timeless finishes with quality craftsmanship, creating spaces that feel both refined and welcoming. Rich hardwood floors, updated lighting, fresh finishes, and beautifully remodeled bathrooms reflect the care and attention invested in every renovation, resulting in a home that is truly move-in ready. At the heart of the home, the renovated kitchen was designed for gathering. Custom cabinetry, quartz countertops, a designer backsplash, double ovens, updated appliances, abundant storage, and a bright breakfast area overlooking the backyard make it equally suited for everyday living and effortless entertaining. The spacious family room, anchored by a classic brick fireplace, flows seamlessly into the dining room and outdoor living spaces, creating an inviting setting for holidays, celebrations, or quiet evenings at home. The primary suite offers a peaceful retreat with a spa-inspired bathroom featuring a tiled walk-in shower, designer vanity, updated fixtures, and timeless finishes. Additional bedrooms provide generous space for family and guests. A fully permitted third-floor suite adds exceptional flexibility rarely found at this price point. Complete with a spacious bedroom, a separate flex room ideal for a home office, media room, playroom, guest suite, or creative studio, and a half bath already plumbed for a future shower, this space easily adapts as your needs evolve. A new dormer fills the room with natural light, while dedicated mini-split systems in each room provide efficient, year-round comfort. The unfinished walk-out basement offers abundant storage today and outstanding potential for future expansion, whether you envision a recreation room, workshop, fitness studio, or additional living space. Step outside to discover what truly sets this property apart. The screened porch and expansive deck overlook a fully fenced backyard framed by mature hardwoods and established landscaping, creating a peaceful retreat rarely found this close to town. Seasonal blooms, generous outdoor living spaces, and room for gardening, outdoor hobbies, entertaining, or simply unwinding make the backyard as inviting as the home itself. Outdoor enthusiasts will appreciate easy access to Falls Lake State Recreation Area for boating, fishing, hiking, mountain biking, beaches, and camping, while Holding Park & Pool, Forest Ridge Park, the Kerr Family YMCA, Target, Home Depot, Starbucks, restaurants, and historic downtown Wake Forest are all just minutes away. Offering the privacy of a wooded retreat with the convenience of one of Wake Forest's most desirable locations, this beautifully maintained home is truly a rare find. Homes that combine nearly two private acres, extensive renovations, a fully permitted third-floor suite, and such close proximity to Falls Lake and historic downtown Wake Forest rarely come to market.

Features & Amenities

Living Area2,412 Sq.Ft.
Bedrooms4
Baths3
HeatingCentral, Fireplace(s), Heat Pump, Wood Stove, Other
CoolingCeiling Fan(s), Central Air, Other
FlooringCarpet, Hardwood, Tile, Wood
FireplaceBasement,Living Room,Wood Burning Stove
AppliancesDishwasher, Double Oven, Electric Range, Exhaust Fan, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Water Heater
Interior FeaturesBathtub/Shower Combination, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, High Speed Internet, Living/Dining Room Combination, Natural Woodwork, Pantry, Quartz Counters, Radon Mitigation, Recessed Lighting, Separate Shower, Smart Thermostat, Smooth Ceilings, Stone Counters, Storage, Walk-In Shower
Exterior FeaturesFenced Yard, Fire Pit, Lighting, Private Yard, Rain Gutters
StyleColonial, Traditional, Transitional
Year Built1986
ConstructionBrick, Cement Siding
RoofShingle
FoundationBlock
ParkingDriveway, Parking Pad, Paved
StatusActive
Lot Size1.95 Acres
Lot FeaturesBack Yard, Gentle Sloping, Hardwood Trees, Landscaped, Native Plants, Private, Sloped
SubdivisionHorseshoe Bend
CountyWake
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
UtilitiesCable Available, Electricity Connected, Septic Connected, Water Connected
SewerSeptic Tank
Water SourceWell
HOANo
ElementaryWake - Richland Creek Elementary School Elementary School
MiddleWake - Wake Forest Middle School Middle School
HighWake - Wake Forest High School High School
Presented By: Berkshire Hathaway HomeService; Teresa.brooks@bhhsysu.com

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.

Pricing History

DateEventPriceChange
Oct 9, 2026 Price Reduced $649,000 → $625,000 ▾ $24,000 (3.7%)

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

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