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1205 Watauga St, Raleigh, NC, 27604

2beds
2baths
1,068sqft
$639,900
$599price/sqft
$4,151/moest. monthly cost
$166,040/yrincome needed

About This Home

Historic charm. Modern living. Coveted downtown location. Completely reimagined by Stacy Morgan Designs, this beautifully renovated Craftsman bungalow seamlessly blends timeless character with today's conveniences in the heart of Raleigh's coveted Mordecai/Person Street District. Thoughtfully redesigned into a functional 2-bedroom, 2-bath floor plan, the home now boasts a spacious primary suite with dual closets—including a generous walk-in closet rarely found in homes of this era—while thoughtfully preserving the historic façade, original Craftsman character, beautiful antique interior doors, and timeless architectural details. Nearly every aspect of the home has been updated, including all-new plumbing, electrical, HVAC, roof, insulation, gutters, water heater, crawlspace vapor barrier, structural support pier, and professionally engineered structural improvements. The stunning kitchen features new cabinetry, quartz countertops, Bosch and Whirlpool stainless steel appliances, and designer finishes throughout. Both bathrooms have been completely renovated, including a luxurious primary bath with a 72-inch double vanity. Regina Andrew designer lighting and new ceiling fans add warmth and sophistication throughout the home. Fresh interior and exterior paint, updated hardware, and a new front door complete this truly turnkey renovation. All renovations were professionally permitted, and a structural engineer's letter is available for buyer review. Every detail was thoughtfully selected to honor the home's historic roots while delivering the comfort, functionality, and craftsmanship today's buyers expect. Offering the charm and architectural character buyers love, paired with the confidence of extensively updated systems and a fully permitted renovation, this home truly offers the best of both worlds. Outside, enjoy a fenced backyard, an expanded patio perfect for entertaining, a storage shed, and a private driveway with rare off-street parking—an exceptional find in this highly desirable downtown neighborhood. Located less than a mile from the vibrant North Person Street District, this home offers an exceptional walkable lifestyle with local favorites including Optimist Coffee, Yellow Dog Bread Company, Crawford & Son, Standard Beer + Food, and the acclaimed Big Cat restaurant, along with neighborhood breweries, boutiques, and parks all within easy reach. Just minutes from Historic Oakwood, Mordecai Historic Park, downtown Raleigh, and less than five minutes to I-440, this location perfectly balances walkable urban living with effortless access to Midtown, North Hills, RTP, and RDU Airport. This is urban living at its finest—where some of Raleigh's best dining, shopping, and entertainment are right outside your door.

Getting Around

61
WalkingSomewhat Walkable
45
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

5/10
Conn ElementaryGrades PK-50.4 mi
7/10
Oberlin Middle SchoolGrades 6-82.1 mi
7/10
Needham Broughton HighGrades 9-121.4 mi

Construction

Condition

  • Year built: 1945

Materials

  • Roof: Shingle
  • Construction materials: Brick,Fiber Cement

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Water Heater,ENERGY STAR Qualified Appliances,ENERGY STAR Qualified Dishwasher,Exhaust Fan,Gas Range,Microwave,Range,Self Cleaning Oven,Stainless Steel Appliance(s),Vented Exhaust Fan,Washer,Washer/Dryer Stacked,Water Heater
  • Laundry features: Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bathtub/Shower Combination,Breakfast Bar,Built-in Features,Ceiling Fan(s),Double Vanity,Dual Closets,Eat-in Kitchen,Kitchen Island,Kitchen/Dining Room Combination,Open Floorplan,Master Downstairs,Quartz Counters,Recessed Lighting,Smart Thermostat,Smooth Ceilings,Stone Counters,Walk-In Closet(s),Walk-In Shower
  • Window features: Insulated Windows
  • Flooring: Hardwood,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas,Gas Log
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,068
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,None
  • Cooling features: Ceiling Fan(s),Central Air,Gas

Interior Area

  • Total structure area: 1,068
  • Total interior livable area: 1,068 sqft

Property

Details

  • Parcel number: 171413041366000 0074420
  • Zoning: R-6
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch,Patio,Porch
  • Exterior features: Fenced Yard,Private Yard,Rain Gutters,Storage
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,840 sqft
  • Features: Back Yard,Front Yard

Parking

  • Total spaces: 2
  • Parking features: Gravel,Off Street,On Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
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 $3,235$38,820
Home Insurance *$254$3,048
Property Taxes $462$5,544
Electricity $200$2,405
Total$4,151$49,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$142,320/yr
40% on housing$124,530/yr
45% on housing$110,693/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

$599This listing

vs Other Active Listings

Avg $/sqft

ZIP 27604$201
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27604$212
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)

No zestimate history available

Price History

DateEventPrice
2026-08-15Pending sale$639,900
2026-07-31Listed for sale$639,900
2026-02-13Sold$435,000
2026-01-21Pending sale$475,000
2025-12-23Listed for sale$475,000
2024-02-07Listing removed--
2024-01-31Price change$1,750
2024-01-28Listed for rent$2,000
2024-01-28Listing removed--
2023-11-28Price change$2,099
2023-09-20Listed for rent$2,150
2009-11-21Listing removed$229,000
2009-06-17Sold$193,000
2008-12-01Price change$229,000
2008-08-19Price change$239,000
2008-06-20Price change$242,000
2008-05-18Listed for sale$252,900

For Sale by Agent

AgentAdrienne Mickels
BrokerageRaleigh Custom Realty, LLC

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