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$320,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,749 Sq. Ft.
  • 0.15 Acres
  • 2 Car Garage
  • Updated 8 hours ago
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This Raleigh home offers a clean, move-in ready layout that prioritizes space and natural light. The vaulted living room serves as the central anchor, featuring a gas fireplace with a marble surround that gives the space an intentional, polished feel. The kitchen has been updated with butcher block countertops and connects directly to the dining area, where sliding glass doors lead to the private outdoor space. The main-level primary suite includes vaulted ceilings and a walk-in closet, while two additional main-floor bedrooms and a fourth bedroom upstairs provide rare flexibility for guest space or a home office. Outside, the large fenced backyard and patio offer a private setting that is difficult to find at this price point. The attached two-car garage provides essential storage and parking, adding to the home's effortless utility. Located with quick access to the beltline and I-64, this property removes the friction from a daily commute while keeping you connected to downtown Raleigh's shops and dining. If you've been waiting for a turnkey property that lets you move right in and get on with life, this is the one.

Full Property Details for 1016 Penncross Dr

General

  • Price: $320,000
  • HOA FEE: $57/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $2,724
  • Status: Active
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10165371
  • Updated: 5/7/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 1
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2

Location

  • County: Wake
  • Subdivision: Summer Place
  • Driving Directions: Take I-540 to Exit 24A for US-64 W / Knightdale Blvd toward Raleigh. Continue on US-64 W (which becomes New Bern Ave). Turn left onto N Rogers Lane. Turn right onto Penncross Drive. The home will be on your left.
  • City Limits: Yes

School Information

  • Elementary School: Wake - Rogers Lane
  • Middle School: Wake - River Bend
  • High School: Wake - S E Raleigh

Community

  • Association: Yes
  • Assoc. Fees Include: Unknown

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: House
  • Exterior Const.: Vinyl Siding
  • Roof: Shingle
  • Stories/Levels: 1
  • Building Size: 1749
  • Square Feet: 1,749
  • Sq. Ft. Source: Appraiser
  • Finished Above Grnd: 1,749 Sq. Ft.
  • Year Built: 2002

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Zoning: R-4

Financial Considerations

  • Association Fee: $172
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $2,724.39

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 173404523253000 0292518
  • Lot Number: 171

Listed by Kennedy Real Estate Group Llc, Joshua Kennedy (919) 671-4841

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Listing agent

— 1016 Penncross Dr —

  • Joshua Kennedy

    Kennedy Real Estate Group Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1016 Penncross Dr

School District:Wake County Schools
NameGradesDistance
Rogers Lane Elementary
201 North Rogers Lane, Raleigh, NC 27610
PK-50.8 mi
River Bend Middle, Raleigh, NC
5601 Wallace Martin Way, Raleigh, NC 27616
6-85.1 mi
Southeast Raleigh High
2600 Rock Quarry Road, Raleigh, NC 27610
9-124.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1016 Penncross Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$320,000
93.94%
MLS
1/15/2010
Sold
$165,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1016 Penncross Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,724
—
$310,101
—
2024
$2,713
27%
$310,101
60%
2023
$2,138
8%
$194,304
—
2022
$1,987
4%
$194,304
—
2021
$1,911
2%
$194,304
—
2020
$1,876
10%
$194,304
26%
2018
$1,709
5%
$154,592
—
2017
$1,628
2%
$154,592
—
2016
$1,595
-12%
$154,592
—
2019
$1,812
9%
$154,592
-2%
2015
$1,659
5%
$158,235
—
2014
$1,574
7%
$158,235
—
2013
$1,470
—
$158,235
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Kennedy Real Estate Group Llc, Joshua Kennedy (919) 671-4841

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1016 Penncross Drive, Raleigh, NC 27610 (MLS# 10165371) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1016 Penncross Drive is currently listed for $320,000 and was received on May 06, 2026. Want to learn more about 1016 Penncross Drive? Do you have questions about finding other Single Family real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

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