$10,000 Closing Credit¹
#10073741, Anne Godwin, Jordan Bellamy, Listing Office: Insight Real Estate
$1,400,000 List price
717 Penn Rd Raleigh, NC 27604
$10,000
Closing credit¹
5 beds
5 full, 1 partial
5,467 sqft
0.2 acres
$256 / sqft
House
Property details
About 717 Penn Rd
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
Highlights
Home typeSingle Family Residence
HeatingCentral, ENERGY STAR Qualified Equipment
StatusActive
CoolingHeat Pump, Ceiling Fan(s)
Size5,467 sqft
Lot size0.22 Acres
Year built2022
ParkingConcrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Private, Side By Side
MLS #10084281
Attached garage2 spaces
ViewDowntown
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 5
- Appliances: Electric Oven, Electric Range, Freezer, Range, Cooktop, Dishwasher, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Microwave, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Vented Exhaust Fan, Oven, Washer/Dryer
- Flooring Type: Carpet, Hardwood, Luxury Vinyl
- Interior: 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
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Private, Side By Side
- View: Downtown
- Exterior: Back Fence, Wood Fence, Porch, None
- Architectural Style: Colonial
- Heating: Central, ENERGY STAR Qualified Equipment
- Cooling: Heat Pump, Ceiling Fan(s)
- List Price: $1,400,000
- Price/SqFt: $256
- Annual Tax Amount: $18,943
- Tax Year: 2024
- Lot: Back Yard, City Lot, Front Yard, Interior Lot
- Directions: Wake Forest Rd to Brookside to N. State Street to Penn Road.
- Year Built: 2022
- Living Area: 5,467 SqFt
- Lot Size: 0.22 Acres
- MLS Number: 10084281
- MLS Name: Doorify MLS
- Office Name: Home Equity Realty, LLC
- Office Phone: (910) 742-8887
- Office Email: markbbela@gmail.com
- Listing Agent: Mark Bullard
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: 5/30/2025, 11:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,400,000
717 Penn Rd
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 03, 2021 | Home Sold | $330,000 |
| Jun 15, 2018 | Home Sold | $65,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,178,864 | $18,943 |
| 2023 | $1,344,429 | $9,577 |
| 2022 | $180,000 | $1,822 |
| 2021 | $256,302 | $2,513 |
| 2020 | $256,302 | $2,468 |
| 2019 | $151,624 | $1,676 |
| 2018 | $151,624 | $1,597 |
History based on county public records data.
Nearby schools
5
Hunter Magnet Elementary School
Public Magnet PK-5
1.0 mi
•1018 E Davie St
5
Powell Magnet Elementary School
Public Magnet PK-5
1.1 mi
•1130 Marlborough Rd
4
Poe Magnet Elementary School
Public Magnet PK-5
1.3 mi
•400 Peyton St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,961. Residents of Raleigh, NC typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
35%
<35k
49%
35k-100k
13%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
6%
Single, with Kids
17%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
30%
18-34 yrs old
46%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Tennis
Symphony or Opera
NBA/WNBA
Where do the neighbors shop?
IKEA
Chico's
New York & Company
Where do the neighbors go to eat?
Chipotle
Boston Market
Qdoba
What do the neighbors drive?
Jeep
Volvo
Infiniti
What do the neighbors listen to?
Alternative
Talk/Personality
Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 717 Penn Rd
The listing price of 717 Penn Rd property is $1,400,000.
The property 717 Penn Rd is a house located in Raleigh, North Carolina, 27604.
Active Listing: 717 Penn Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 717 Penn Rd are: Hunter Magnet Elementary School (GreatSchools Rating 5/10), Powell Magnet Elementary School (GreatSchools Rating 5/10), Poe Magnet Elementary School (GreatSchools Rating 4/10), Moore Square Magnet Middle School (GreatSchools Rating 6/10), Ligon Magnet Middle School (GreatSchools Rating 5/10), The Exploris School (GreatSchools Rating 5/10), Phillips High School (GreatSchools Rating 2/10), Wake Young Men's Leadership Academy (GreatSchools Rating 10/10), Enloe Magnet High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $18,943 (source: MLS/based on county public records data).
The last sale was on May 3, 2021 for $330,000 (source: MLS/tax record).
The property at 717 Penn Rd has 5 bedrooms and 5 full and 1 half bathrooms.
The property 717 Penn Rd is 5,467 SqFt (source: MLS/tax record).
The year of construction for 717 Penn Rd is 2022.
This home is located at 717 Penn Rd in Raleigh, NC and zip code 27604 in the Inside the Beltline neighborhood. This 5,467 square foot home, which was built in 2022, sits on a 0.22 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $1,400,000.
Raleigh, NC housing market in April 2025 saw over 121 listings sold above listed price, more than 142 sold at listed price and over 268 sold below. The number of homes for sale in Raleigh, NC increased by 6.4% between March and April 2025. In April 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $457,154.
From Rocket Homes Real Estate and based on county public records data.