11321 Falls Of Neuse Rd, Raleigh, NC, 27614
About This Home
LIVE IN A NORTH RALEIGH PARADISE ON 2.25 ACRES THAT BACKS TO FALLS LAKE PARK. BEAUTIFUL 3 BED 2 BATH RANCH HOME ON TWO LOTS!! YES TWO LOTS. ALSO BOTH LOTS ARE OVER AN ACRE .. INCREDIBLE OPPORTUNITY FOR AN INVESTOR OR A FAMILY COMPOUND ENCOMPASSING 2.25 ACRES. THIS PROPERTY WILL NOT BE HERE LONG.... NICE FLAT LOTS THAT ARE EASY TO PLAN AND BUILD A NEW ESTATE PROPERTY , ARE LIVE IN THE BEAUTIFUL BRICK RANCH WITH HARDWOODS AND A BACKUP WHOLE HOUSE GENERATOR.. HAVE YOUR OWN PRIVATE OASIS AND SAY GOODBYE TO THE FARMERS MARKET, HAVE YOUR VERY OWN MINI FARM WITH A PRIVATE GARDEN... JUST 3 MILES TO 540. OR MINUTES TO NORTH HILLS.. WALK OFF OF YOUR PROPERTY ON A PRIVATE TRAIL RIGHT ONTO THE FALLS LAKE PRESERVE WITH TRAILS FOR HIKING OR BIKING AND FISHING ALL AVAILABLE RIGHT FROM YOUR BACKYARD .****** HURRY THIS OPPORTUNITY ONLY COMES AROUND ONCE.*****
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1963
Materials
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
- Finished area below ground: 0
- Finished area above ground: 1,652
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,652
- Total interior livable area: 1,652 sqft
Property
Details
- Parcel number: 172903231165000 0377997
- Zoning: R-40W
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Lot size: 1.14 Acres
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
- Inland Flooding
- Hail
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Wake County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,005 | $60,060 |
| Home Insurance * | $302 | $3,624 |
| Property Taxes | $531 | $6,372 |
| Electricity | $200 | $2,405 |
| Total | $6,038 | $72,456 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Listed for sale | $989,900 |
| 2021-12-17 | Sold | $325,000 |
View on Zillow