$7,599 Closing Credit¹
#10100622, Terry McDonald, Listing office: Flat Fee Realty LLC
$600,000 List price
7216 Rabbit Run Wake Forest, NC 27587
$7,125
Closing credit¹
3 beds
2 full
1,700 sqft
0.9 acres
$353 / sqft
House
Property details
About 7216 Rabbit Run
Welcome to Rabbit Run! Where lifestyle, location, and versatility meet. This one-of-a-kind property offers a rare combination of multi-generational living, income potential, and serene privacy, all just minutes from shopping, dining, top-rated schools, and Forest Ridge Park. Nestled on a peaceful, tree-lined cul-de-sac, this charming 3 bedroom 2 bath home features an updated chef's kitchen with high-end stainless steel appliances, including a GE Café refrigerator, Italian French-door range, pot filler, farm sink, live-edge butcher block counters, and a spacious pantry. The bright, inviting living room showcases lovely wainscoting and a cozy wood-burning fireplace. Potential for a primary bedroom on the main level, with generously sized bedrooms throughout and ample storage, including five attic spaces. Upgrades continue throughout the home, with both bathrooms beautifully remodeled using upscale finishes. A standout feature is the separate studio apartment above the garage, complete with a private entrance—ideal for in-laws, Airbnb, or long-term rental. There's also a detached cottage with a wraparound deck—perfect for remote work, creative space, or even a small business. Step into your private backyard retreat featuring a heated saltwater pool, outdoor bar, Trex deck, and ambient lighting—an entertainer's dream surrounded by forest views. The oversized two-car garage, RV/boat parking, clean wrapped crawlspace, and French drains add peace of mind and convenience. No HOA and no city taxes! This property offers flexibility, income opportunity, and a lifestyle you'll love. More than a home—Rabbit Run is a rare opportunity.
Highlights
Home typeSingle Family Residence
HeatingElectric, Forced Air, Heat Pump
StatusActive
CoolingHeat Pump, Zoned, Ceiling Fan(s)
Size1,700 sqft
Lot size0.91 Acres
Year built1985
ParkingDetached, Oversized
MLS #10105652
Garage2 spaces
FireplaceWood Burning
Private poolYes
Summary
- Full Bathrooms: 2
- Basement: No
- Flooring Type: Carpet, Granite, Hardwood, Luxury Vinyl
- Interior: Ceiling Fan(s), Kitchen/Dining Room Combination, Pantry, Room Over Garage, Smooth Ceilings, Walk-In Shower
- Fireplace: Wood Burning
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: Yes
- Parking: Detached, Oversized
- Exterior: Wood Fence, Private Yard, Gutters
- Architectural Style: Cape Cod
- Heating: Electric, Forced Air, Heat Pump
- Cooling: Heat Pump, Zoned, Ceiling Fan(s)
- List Price: $600,000
- Price/SqFt: $352
- Annual Tax Amount: $2,998
- Tax Year: 2024
- Lot: Cul-De-Sac
- Directions: Capital to S Main Street, R onto Wake Union Church Rd, Left onto Rabbit Run
- Year Built: 1985
- Living Area: 1,700 SqFt
- Lot Size: 0.91 Acres
- MLS Number: 10105652
- MLS Name: Doorify MLS
- Office Name: Keller Williams Realty
- Office Phone: (919) 676-0600
- Office Email: michelle@michellemelvin.com
- Listing Agent: Caren Fried, Jennifer Sakell
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: 6/27/2025, 1:40:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$600,000
7216 Rabbit Run
$7,125
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 05, 2023 | Home Sold | $469,000 |
| Aug 29, 2011 | Home Sold | $210,000 |
| May 01, 2009 | Home Sold | $200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $479,619 | $2,998 |
| 2023 | $287,479 | $2,261 |
| 2022 | $287,479 | $2,096 |
| 2021 | $287,479 | $2,040 |
| 2020 | $287,479 | $2,006 |
| 2019 | $270,323 | $2,048 |
| 2018 | $270,323 | $1,942 |
History based on county public records data.
Nearby schools
5
North Forest Pines Elementary School
Public District PK-5
1.7 mi
•11501 Forest Pines Dr
7
Forest Pines Drive Elementary School
Public District PK-5
1.7 mi
•11455 Forest Pines Dr
5
Wake Forest Elementary School
Public District PK-5
2.1 mi
•136 W Sycamore Ave
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 $106,170. Residents of Wake Forest, NC typically earn between $35k-100k each year. Most families are married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
6%
<35k
41%
35k-100k
35%
100k-200k
18%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
13%
Single, No Kids
5%
Single, with Kids
39%
Married, No Kids
43%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
12%
12-17 yrs old
10%
18-34 yrs old
53%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Extreme Sports
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7216 Rabbit Run
The listing price of 7216 Rabbit Run property is $600,000.
The property 7216 Rabbit Run is a house located in Wake Forest, North Carolina, 27587.
Active Listing: 7216 Rabbit Run is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7216 Rabbit Run are: North Forest Pines Elementary School (GreatSchools Rating 5/10), Forest Pines Drive Elementary School (GreatSchools Rating 7/10), Wake Forest Elementary School (GreatSchools Rating 5/10), Wake Forest Middle School (GreatSchools Rating 3/10), Wakefield Middle School (GreatSchools Rating 5/10), Heritage Middle School (GreatSchools Rating 9/10), North Wake College and Career Academy (GreatSchools Rating 10/10), Wake Forest High School (GreatSchools Rating 7/10), Wakefield High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $2,998 (source: MLS/based on county public records data).
The last sale was on September 5, 2023 for $469,000 (source: MLS/tax record).
The property at 7216 Rabbit Run has 3 bedrooms and 2 bathrooms.
The property 7216 Rabbit Run is 1,700 SqFt (source: MLS/tax record).
The year of construction for 7216 Rabbit Run is 1985.
This home is located at 7216 Rabbit Run in Wake Forest, NC and zip code 27587 in the Horseshoe Bend neighborhood. This 1,700 square foot home, which was built in 1985, sits on a 0.91 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $600,000.
In May 2025 more than 29 listings in Wake Forest, NC were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 65 were sold below. The number of homes for sale in Wake Forest, NC increased by 10.5% between April and May 2025. In May 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $520,812.
From Rocket Homes Real Estate and based on county public records data.