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1003 Gardner St, Raleigh, NC, 27607

4beds
3baths
3,345sqft
$925,000
$277price/sqft
$5,925/moest. monthly cost
$237,000/yrincome needed

About This Home

This special property on a desirable .35-acre corner lot offers a rare opportunity in one of Raleigh's premier locations. Set in an exceptional, walkable neighborhood near parks, the Village District, the Rose Garden, Hillsborough Street, and NC State, the home provides wonderful flexibility for today's lifestyle and tomorrow's vision. Thoughtfully updated over time, the home features open living spaces, hardwood floors throughout, a stylish, functional kitchen with granite countertops and stainless steel appliances and a newer roof (2024). The basement offers a finished recreation room with a full-sized bar, creating valuable bonus space beyond the main finished square footage. Whether you choose to further update and personalize the existing home or explore the opportunity to build your dream home, this property offers outstanding potential in a highly sought-after setting. Laundry currently in basement but could easily be moved upstairs into the former "kitchenette" space to make a generous main level laundry room! A rare two-car garage and existing elevator shaft add even more possibility, including potential adaptation for multi-generational living (Note: the built-in elevator has not been used for several decades, but the space remains for a future owner to evaluate and reimagine). Come explore the possibilities of this unique property in an unbeatable Raleigh location.

Getting Around

45
WalkingCar-Dependent
36
TransitSome Transit
61
BikeBikeable

Schools

6/10
Olds ElementaryGrades PK-50.6 mi
7/10
Martin MiddleGrades 6-81.4 mi
7/10
Needham Broughton HighGrades 9-121.0 mi

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Ice Maker,Microwave,Range,Stainless Steel Appliance(s),Water Heater
  • Laundry features: Lower Level

Basement

  • Has basement: Yes
  • Basement: Finished, Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Bar,Breakfast Bar,Chandelier,Crown Molding,Dual Closets,Eat-in Kitchen,Granite Counters,Recessed Lighting,Separate Shower,Stone Counters
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Basement,Family Room
  • Fireplace: Yes
  • Finished area below ground: 1,099
  • Finished area above ground: 2,246
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 3,345
  • Total interior livable area: 3,345 sqft

Property

Accessibility

  • Accessibility features: Adaptable For Elevator

Details

  • Parcel number: 079412855872000 0049208
  • Zoning: R-6
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch,Patio
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 0.35 Acres
  • Features: City Lot,Corner Lot

Parking

  • Total spaces: 6
  • Parking features: Attached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Tornado

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,677$56,124
Home Insurance *$270$3,240
Property Taxes $667$8,004
Electricity $311$3,738
Total$5,925$71,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$203,142/yr
40% on housing$177,750/yr
45% on housing$158,000/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$277This listing

vs Other Active Listings

Avg $/sqft

ZIP 27607$385
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27607$337
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Listed for sale$925,000
2002-07-17Sold$260,000
2002-05-08Sold$260,000

For Sale by Agent

AgentBeth Smoot
BrokerageNextHome Triangle Properties

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