$640,000

512 Teal Lake Dr Holly Springs, NC 27540

$7,600
Closing credit¹
5 beds
3 full
2,684 sqft
0.2 acres
$238 / sqft
House

Property details

About 512 Teal Lake Dr

Like-new and full of designer details, this 5-bedroom, 3-bath home in sought-after Park Avenue offers 2,684 sq ft of thoughtfully designed space on a prime lot in Holly Springs. The bright white gourmet kitchen features quartz countertops, a 5-burner gas cooktop, stacked wall oven and microwave, walk-in pantry, and a sunny breakfast nook—ideal for everyday living and entertaining. The open-concept layout shines with custom trim, shiplap accents, and an electric fireplace, while the formal dining room offers flexibility as a home office or additional living space. A main floor guest suite with full bath adds convenience, and upstairs you'll find a spacious loft with LVP flooring, a generous primary suite with a huge walk-in closet, three additional bedrooms, and another full bath. Outside, enjoy a private fenced yard with a screened porch, extended patio, and firepit—perfect for relaxing or hosting. The finished garage is one-of-a-kind with epoxy floors, dual TVs, and a rolling bar ready for your next get-together. All this just minutes from downtown Holly Springs, the future Wegmans, and community amenities including a pool, playground, and greenway access.

Highlights

Home typeSingle Family Residence
HeatingCentral, Forced Air, Natural Gas
StatusActive
CoolingCentral Air, Electric, Ceiling Fan(s)
Size2,684 sqft
Lot size0.21 Acres
Year built2020
ParkingAttached, Concrete, Driveway, Garage, Garage Faces Front, Inside Entrance
MLS #10101275
Attached garage2 spaces
FireplaceElectric, Family Room

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Oven
  • Flooring Type: Carpet, Luxury Vinyl, Tile
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Fireplace: Electric, Family Room
  • Total Bedroom Count: 5
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Attached, Concrete, Driveway, Garage, Garage Faces Front, Inside Entrance
  • Exterior: Back Fence, Fence, Gate, Wood Fence, Porch/Covered, Porch Front, Patio, Porch, Screened Porch, Fire Pit, Gutters
  • Architectural Style: Transitional
  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air, Electric, Ceiling Fan(s)
  • List Price: $640,000
  • Price/SqFt: $238
  • HOA Amount: $350 Quarterly
  • Annual Tax Amount: $5,022
  • Tax Year: 2024
  • Lot: Back Yard, Front Yard, Trees, Landscaped
  • Directions: From NC-55 southbound turn left onto Teal Lake Dr, continue for about .5 mile and 512 will be on your left.
  • Year Built: 2020
  • Living Area: 2,684 SqFt
  • Lot Size: 0.21 Acres
  • MLS Number: 10101275
  • MLS Name: Doorify MLS
  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9431
  • Office Email: nc.raleigh@exprealty.net
  • Listing Agent: Tina Caul, Ashley Bommarito

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: 6/10/2025, 8:40:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

512 Teal Lake Dr, Holly Springs, NC 27540 - craftsman inspired home with stone siding, a garage, driveway, and a front lawn

$640,000

512 Teal Lake Dr

$7,600

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 28, 2020
Home Sold
$381,000

Tax history

YearAssessmentProperty Tax
2024$583,743$5,022
2023$354,739$3,846
2022$354,739$3,713
2021$354,739$3,644
2020$75,000$766

History based on county public records data.

Nearby schools

7

Holly Ridge Elementary School

Public District PK-5

1.1 mi

900 Holly Springs Rd

8

Holly Springs Elementary School

Public District PK-5

1.3 mi

401 Holly Springs Rd

5

Herbert Akins Road Elementary School

Public District PK-5

1.6 mi

2255 Herbert Akins Rd

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 $74,488. The most common annual income of people living in Holly Springs, NC is between $35k-100k. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

18%
<35k
50%
35k-100k
21%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

24%
Single, No Kids
8%
Single, with Kids
31%
Married, No Kids
37%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
49%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • College FootballCollege Football
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Express/Express For MenExpress/Express For Men
  • Best BuyBest Buy

Where do the neighbors go to eat?

  • PaneraPanera
  • SonicSonic
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • InfinitiInfiniti
  • KiaKia
  • RamRam

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • New CountryNew Country
  • Contemporary ChristianContemporary Christian
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 512 Teal Lake Dr

The listing price of 512 Teal Lake Dr property is $640,000.

The property 512 Teal Lake Dr is a house located in Holly Springs, North Carolina, 27540.

Active Listing: 512 Teal Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 512 Teal Lake Dr are: Holly Ridge Elementary School (GreatSchools Rating 7/10), Holly Springs Elementary School (GreatSchools Rating 8/10), Herbert Akins Road Elementary School (GreatSchools Rating 5/10), Holly Ridge Middle School (GreatSchools Rating 5/10), Holly Grove Middle School (GreatSchools Rating 8/10), Pine Springs Preparatory Academy (GreatSchools Rating 6/10), Holly Springs High School (GreatSchools Rating 7/10), Southern Wake Academy (GreatSchools Rating 5/10), Middle Creek High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $5,022 (source: MLS/based on county public records data).

The last sale was on July 28, 2020 for $381,000 (source: MLS/tax record).

The property at 512 Teal Lake Dr has 5 bedrooms and 3 bathrooms.

The property 512 Teal Lake Dr is 2,684 SqFt (source: MLS/tax record).

The year of construction for 512 Teal Lake Dr is 2020.

This home is located at 512 Teal Lake Dr in Holly Springs, NC and zip code 27540. This 2,684 square foot home, which was built in 2020, sits on a 0.21 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $640,000.

Over 24 listings were sold over their listed price in May 2025 in Holly Springs, NC. In the same period over 32 listings were sold below the listed price and 21 listings were sold for the listed price. Between April and May 2025, Holly Springs, NC real estate market has seen increase in the number of listings by 13%. In May 2025, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $610,000.

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

More resources