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For sale
$394,000
3beds
2,177sqft

8744 Red Canyon Way, Raleigh, NC 27616

3beds
2,177sqft
Townhouse, residential
Built in 2022
2,178 sqft
2 Open parking spaces
$181 price/sqft
$126 monthly HOA fee

What's special

Large islandLiving and dining areasWalk-in closetPeaceful primary suiteOpen-concept main levelSpacious eat-in kitchenAbundant cabinetry

Welcome to 8744 Red Canyon Way, a bright 3-bedroom, 4-bath end-unit townhome offering the perfect blend of modern living and immediate financial return. This property is an ideal turnkey opportunity; the seller has yielded over $24,000 in annual income, with a reliable tenant in place through May 31, 2026. The current ...

10 days
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219
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4
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Source: Doorify MLS,MLS#: 10135765MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked: 8 hours ago

Listing updated: December 14, 2025 at 03:49am

Listed by:

Apoorva Gonuguntala 224-704-2555,

Allen Tate/Cary

Source: Doorify MLS,MLS#: 10135765MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2
Heating
  • Central, Electric
Cooling
  • Central Air
Appliances
  • Included: Built-In Electric Range, Cooktop, Dishwasher, Dryer, Electric Oven, Electric Water Heater, Microwave
  • Laundry: In Hall, Laundry Closet
Features
  • Double Vanity, Kitchen Island, Open Floorplan, Pantry, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Flooring: Carpet, Vinyl
  • Common walls with other units/homes: 1 Common Wall, End Unit
Interior area
  • Total structure area: 2,177
  • Total interior livable area: 2,177 sqft
  • Finished area above ground: 2,177
  • Finished area below ground: 0
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Additional Parking, Asphalt, Assigned, On Street
  • Uncovered spaces: 2
Features
  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Patio
  • Has view: Yes
Lot
  • Size: 2,178 Square Feet
  • Features: Back Yard, Level
Details
  • Parcel number: 173817212930000 0477413
  • Special conditions: Standard

Construction

Type & style
  • Home type: Townhouse
  • Architectural style: Transitional
  • Property subtype: Townhouse, Residential
  • Attached to another structure: Yes
Materials
  • Vinyl Siding
  • Foundation: Slab
  • Roof: Shingle
Condition
  • New construction: No
  • Year built: 2022

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public

Community & HOA

Community
  • Subdivision: Thornton Reserve
HOA
  • Has HOA: Yes
  • Amenities included: Landscaping, Maintenance, Maintenance Grounds, Management, Parking
  • Services included: Maintenance Grounds, Road Maintenance
  • HOA fee: $126 monthly
Location
  • Region: Raleigh

Financial & listing details

  • Price per square foot: $181/sqft
  • Tax assessed value: $340,400
  • Annual tax amount: $2,988
  • Date on market: 12/4/2025
  • Lease term: 12 Months
  • Road surface type: Asphalt

Price history

DateEventPrice
12/4/2025Listed for sale$394,000+7.7%$181/sqft
Source: Doorify MLS #10135765
5/2/2023Listing removed--
Source: Zillow Rentals
4/24/2023Listed for rent$1,890$1/sqft
Source: Zillow Rentals
5/27/2022Sold$366,000+1.7%$168/sqft
Source: Public Record
1/14/2022Sold$360,000$165/sqft
Source: Public Record

Public tax history

YearProperty taxesTax assessment
2025$2,989 -6.6%$340,400 -7%
2024$3,200 -1%$366,188 +24.2%
2023$3,234 +812.5%$294,843 +742.4%

Find assessor info on the county website

BuyAbility℠ payment

Est. payment
$2,386/mo
Principal & interest
$1909
Property taxes
$213
Other costs
$264

    Estimated market value

    $370,000 - $409,000

    $389,600

    $1,971/mo

    Climate risks

    Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Wildwood Forest
    • Middle: Wake - East Millbrook
    • High: Wake - Wakefield

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.