Rare opportunity in Olde Mill Trace — this custom-built 2020 home sits on a hard-to-find .77-acre lot with plenty of room for an inground pool and offers 4 bedrooms, a dedicated home office, 3,389 sq ft, a walk-out basement, and designer finishes throughout. Located just minutes from Downtown Raleigh, I-40, Fenton, the State Farmers Market, and easy commuter access to RTP and RDU, this home combines space, convenience, and luxury living in one of Raleigh's most desirable neighborhoods. Step into a bright, open floor plan with 9-ft ceilings, a gourmet kitchen with quartz countertops, premium appliances, and a large center island perfect for entertaining. The spacious family room, formal dining room, and screened porch overlook the private wooded backyard—ideal for peaceful evenings or future outdoor living upgrades. The oversized primary suite features a beautifully appointed bathroom with a large walk-in shower, dual vanities, and generous closet space. Three additional bedrooms plus a home office provide flexibility for guests, work-from-home needs, or multigenerational living. Huge value add: the 1,556 sq ft walk-out basement already includes rough-in plumbing for a future cabana bath and a wet bar, offering endless possibilities—home theater, gym, entertainment space, guest suite, or a full second living area. This rare combination in Raleigh provides outstanding long-term value and customization potential. Located in the established Olde Mill Trace community, known for its large wooded lots, upscale homes, and quiet setting just outside city limits. Enjoy the perfect balance of privacy and accessibility. Don't miss this one — homes on lots this size with a walk-out basement (and pool potential) in Raleigh do not come to the market often.
Pending
Price cut: $27.8K (12/3)
$1,112,309
2405 Flume Gate Dr, Raleigh, NC 27603
4beds
3,389sqft
Est.:
Single Family Residence, Residential
Built in 2020
0.77 Acres Lot
$1,084,600 Zestimate®
$328/sqft
$44/mo HOA
What's special
Walk-out basementHome officeDedicated home officePrivate wooded backyardSpacious family roomOversized primary suiteGenerous closet space
- 73 days |
- 481 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: December 18, 2025 at 07:49am
Listed by:
Alison Malloy Wojnarowski 919-389-4732,
LPT Realty, LLC,
Yvette Norona 954-647-8947,
LPT Realty, LLC
Source: Doorify MLS,MLS#: 10129442
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air, Dual, Zoned
Appliances
- Included: Bar Fridge, Dishwasher, Gas Range, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Oven, Water Softener Owned
- Laundry: Upper Level
Features
- Bathtub/Shower Combination, Pantry, Ceiling Fan(s), Crown Molding, Double Vanity, Dry Bar, Dual Closets, High Ceilings, Open Floorplan, Quartz Counters, Radon Mitigation, Recessed Lighting, Smart Light(s), Smooth Ceilings, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
- Flooring: Vinyl, Tile
- Windows: Blinds, Plantation Shutters
- Basement: Bath/Stubbed, Unfinished, Walk-Out Access
Interior area
- Total structure area: 3,389
- Total interior livable area: 3,389 sqft
- Finished area above ground: 3,389
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Driveway, Garage Faces Side
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Rear Porch, Screened
- Exterior features: Fenced Yard, Fire Pit, Private Yard
- Pool features: None
- Fencing: Wood
- Has view: Yes
Lot
- Size: 0.77 Acres
- Features: Back Yard, Cleared, Few Trees, Landscaped, Private, Rectangular Lot, Wooded
Details
- Parcel number: 0791446904
- Special conditions: Seller Licensed Real Estate Professional,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional, Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Fiber Cement, Stone
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Street Lights
- Subdivision: Olde Mill Trace
HOA
- Has HOA: Yes
- Amenities included: Maintenance
- Services included: Maintenance Grounds
- HOA fee: $132 quarterly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $328/sqft
- Tax assessed value: $863,010
- Annual tax amount: $5,539
- Date on market: 10/24/2025
Estimated market value
$1,084,600
$1.03M - $1.14M
$3,626/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Pending sale | $1,112,309$328/sqft |
Source:  Doorify MLS #10129442 Report a problem | ||
| 12/3/2025 | Price change | $1,112,309-2.4%$328/sqft |
Source: Doorify MLS #10129442 Report a problem | ||
| 10/24/2025 | Listed for sale | $1,140,068+81.3%$336/sqft |
Source: Doorify MLS #10129442 Report a problem | ||
| 12/21/2020 | Sold | $629,000+27.1%$186/sqft |
Source: Public Record Report a problem | ||
| 3/5/2020 | Listing removed | $494,990$146/sqft |
Source: SM North Carolina Brokerage #2226994 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,540 +3% | $863,010 |
| 2024 | $5,379 +16.3% | $863,010 +46.2% |
| 2023 | $4,624 +7.9% | $590,463 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,542/mo
Principal & interest
$5479
Property taxes
$630
Other costs
$433
Climate risks
Neighborhood: 27603
Nearby schools
GreatSchools rating
- 7/10Yates Mill ElementaryGrades: PK-5Distance: 3.1 mi
- 7/10Dillard Drive MiddleGrades: 6-8Distance: 3.6 mi
- 5/10Garner HighGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Wake - Yates Mill
- Middle: Wake - Dillard
- High: Wake - Garner
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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