$5,807

closing credit¹

1500 River Mill Dr Unit 310 Wake Forest, NC 27587

$489,000
3 beds
2 full
1,210 sqft
$404 / sqft
Condo

Property details

About 1500 River Mill Dr Unit 310

Nestled by the headwaters of the Neuse River at Falls Lake Dam, this beautifully renovated 3Bd 2Bt condo offers a single-level lifestyle accentuated by a profound connection to nature. This is the largest floor plan in the building and owners benefit from a historic low-tax incentive! The 1210sf condo boasts hardwood floors, exposed steel beams, and expansive industrial-sized windows that flood the space with natural light. Custom closets offer storage solutions. The no-step entry from the parking lot ensures single-level accessibility, making it perfect for empty nesters or down-sizers. Monthly rentals are allowed so consider this a great second investment home! With industrial use dating back to the Revolutionary War, this property holds a unique place as one of NC's oldest industrial manufacturing sites. Converted to condos in the mid-80s, it rests upon 17 acres of undisturbed land that flanks the river. Residents indulge in a myriad of outdoor activities, from trail walks and fireside gatherings by the water to fishing expeditions and al fresco dining in the gazebo. Nature enthusiasts can partake in heron-watching while quick access to the 30-mile paved Neuse River Greenway beckons those seeking biking adventures.

Highlights

Home typeCondominium
HeatingCentral, Heat Pump
StatusActive
CoolingCentral Air, Heat Pump, Ceiling Fan(s)
Size1,210 sqft
Lot size0 Acres
Year built1854
ParkingParking Lot, Unassigned
MLS #10050576

Summary

  • MLS Number: 10050576
  • MLS Name: Doorify MLS
  • Office Name: Grist Realty Inc
  • Office Phone: (919) 438-1909
  • Office Email: hugh@gristrealty.com
  • Listing Agent: Hugh Grist

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 8:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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sitting room with wood-type flooring and a wealth of natural light

$489,000

1500 River Mill Dr Unit 310

$5,807

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Wakefield Elementary School

Public District PK-5

0.7 mi

2400 Wakefield Pines Dr

4

North Forest Pines Elementary School

Public District PK-5

1.9 mi

11501 Forest Pines Dr

4

Forest Pines Drive Elementary School

Public District PK-5

1.9 mi

11455 Forest Pines Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $100,161. The majority of Wake Forest, NC residents have income between $35k-100k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

19%
<35k
31%
35k-100k
30%
100k-200k
20%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

25%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
42%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
13%
12-17 yrs old
14%
18-34 yrs old
45%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer

Where do the neighbors shop?

  • NordstromNordstrom
  • Express/Express For MenExpress/Express For Men
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba
  • StarbucksStarbucks

What do the neighbors drive?

  • BMWBMW
  • VolkswagenVolkswagen
  • InfinitiInfiniti

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1500 River Mill Dr Unit 310

This home is located at 1500 River Mill Dr Unit 310 in Wake Forest, NC and zip code 27587 in the Wakefield Plantation neighborhood. This 1,210 square foot home was built in 1854. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 4, 2024 and is currently priced at $489,000.

In December 2024, from all listings sold in Wake Forest, NC there were more than 14 sold above asking price, over 49 sold below and more than 36 were sold right at the asked price. The number of homes for sale in Wake Forest, NC decreased by 15.2% between November and December 2024. Listings spent 45 days on the market in December 2024, and had a median list price of $525,977 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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