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For sale
  • $1,400,000

    717 Penn Rd, Raleigh, NC 27604

    5beds
    5,467sqft
    : 
    Single Family Residence, Residential
    Built in 2022
    9,583.2 Square Feet Lot
    $1,343,600 Zestimate®
    $256/sqft
    $-- HOA

    What's special

    Gourmet kitchenHome officeSpacious loft areaTop-of-the-line appliancesWalk-in showerGenerous lot sizeLarge island with seating
    Welcome to this stunning newly built Single Family home located at 717 Penn Rd, Raleigh, NC. This modern masterpiece was completed in June 2023 with meticulous attention to detail and high-end finishes throughout. With 6 bathrooms, 1 half bathroom, and a spacious finished area of 5,467 sq. ft., this home offers plenty of room for comfortable living and entertaining. As you enter the home, you are greeted by a grand two-story foyer that leads into the open concept living area. The complete first floor with its 10 ft ceiling height has a gourmet kitchen and is a chef's dream, featuring top-of-the-line appliances, custom cabinetry, and a large island with seating. The kitchen flows seamlessly into the dining area and family room, creating the ideal space for gatherings with family and friends. The primary suite is a true retreat, boasting a luxurious en-suite bathroom with a soaking tub, dual vanities, and a walk-in shower. With five additional bedrooms, each with their own en-suite bathroom, there is plenty of room for guests or a growing family. The garage is large and can park 2 full sized suburbans and still have room. The third floor features a spacious loft area that can be used as a media room, home office, or playroom. The home also includes a laundry room, mudroom, and attached garage for added convenience. Situated on a generous lot size of 9,583 sq.ft., the outdoor space is just as impressive as the interior. The backyard offer sample space for outdoor entertaining, gardening, or simply enjoying the beautiful North Carolina weather. The backyard is surrounded with a 8 ft customized fence for privacy and entertaining. Located in a recommendable neighborhood in Raleigh, this home is conveniently located near shopping, dining, parks, and top-rated schools. A family park is located only a block away and a pet friendly park as well. Don't miss your opportunity to own this brand new, impeccably designed home in a prime location. Book your showing today and experience luxury living at its finest at 717 Penn Rd. The property is priced below tax value, and appraised value giving a new owner a great equity position in this custom first class home. **Professional photos being taken 3/28/25
    278 days
    |
    697
    |
    39
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 13, 2025 at 02:16am

    Listed by:

    Mark Bullard 910-742-8887,

    Home Equity Realty, LLC

    Source: Doorify MLS,MLS#: 10084281MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Central, ENERGY STAR Qualified Equipment
    Cooling
    • Heat Pump
    Appliances
    • Included: Built-In Electric Oven, Built-In Electric Range, Built-In Freezer, Built-In Range, Cooktop, Dishwasher, Electric Oven, Electric Range, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Vented Exhaust Fan, Oven, Washer/Dryer
    Features
    • Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Chandelier, Crown Molding, Dining L, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Quartz Counters, Recessed Lighting, Room Over Garage, Walk-In Shower, Water Closet
    • Flooring: Carpet, Hardwood, Vinyl
    Interior area
    • Total structure area: 5,467
    • Total interior livable area: 5,467 sqft
    • Finished area above ground: 5,467
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Private, Side By Side
    • Attached garage spaces: 2
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: Visitor Bathroom
    Features
    • Levels: Three Or More
    • Stories: 1
    • Patio & porch: Porch
    • Exterior features: None
    • Spa features: None
    • Fencing: Back Yard, Wood
    • Has view: Yes
    • View description: Downtown
    Lot
    • Size: 9,583.2 Square Feet
    • Features: Back Yard, City Lot, Front Yard, Interior Lot
    Details
    • Parcel number: 1714.17222096000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence, Residential
    Materials
    • See Remarks
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Capital Heights
    HOA
    • Has HOA: No
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $256/sqft
    • Tax assessed value: $2,178,864
    • Annual tax amount: $18,943
    • Date on market: 3/24/2025

    Estimated market value

    $1,343,600

    $1.28M - $1.41M

    $4,216/mo

    Price history

    Price history
    DateEventPrice
    3/24/2025Listed for sale$1,400,000-6.6%$256/sqft
    Source: Doorify MLS #10084281 Report a problem
    3/4/2025Listing removed$1,499,000$274/sqft
    Source: Doorify MLS #10052091 Report a problem
    2/12/2025Price change$1,499,000-3.3%$274/sqft
    Source: Doorify MLS #10052091 Report a problem
    9/12/2024Listed for sale$1,550,000$284/sqft
    Source: Doorify MLS #10052091 Report a problem
    8/28/2024Listing removed--
    Source: Doorify MLS #10039041 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$19,022 +0.4%$2,178,864
    2024$18,943 +97.8%$2,178,864 +62.1%
    2023$9,577 +425.5%$1,344,429 +646.9%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $8,175/mo
    Principal & interest
    $6927
    Property taxes
    $758
    Home insurance
    $490

      Climate risks

      Neighborhood: North Central

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Wake - Conn
      • Middle: Wake - Ligon
      • High: Wake - Enloe

      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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