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$1,400,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • 5,467 Sq. Ft.
  • 0.22 Acres
  • 2 Car Garage
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Welcome to this stunning newly built Single Family home located at 717 Penn Rd, Raleigh, NC. This modern masterpiece was completed in June 2023 with meticulous attention to detail and high-end finishes throughout. With 6 bathrooms, 1 half bathroom, and a spacious finished area of 5,467 sq. ft., this home offers plenty of room for comfortable living and entertaining. As you enter the home, you are greeted by a grand two-story foyer that leads into the open concept living area. The complete first floor with its 10 ft ceiling height has a gourmet kitchen and is a chef's dream, featuring top-of-the-line appliances, custom cabinetry, and a large island with seating. The kitchen flows seamlessly into the dining area and family room, creating the ideal space for gatherings with family and friends. The primary suite is a true retreat, boasting a luxurious en-suite bathroom with a soaking tub, dual vanities, and a walk-in shower. With five additional bedrooms, each with their own en-suite bathroom, there is plenty of room for guests or a growing family. The garage is large and can park 2 full sized suburbans and still have room. The third floor features a spacious loft area that can be used as a media room, home office, or playroom. The home also includes a laundry room, mudroom, and attached garage for added convenience. Situated on a generous lot size of 9,583 sq.ft., the outdoor space is just as impressive as the interior. The backyard offer sample space for outdoor entertaining, gardening, or simply enjoying the beautiful North Carolina weather. The backyard is surrounded with a 8 ft customized fence for privacy and entertaining. Located in a recommendable neighborhood in Raleigh, this home is conveniently located near shopping, dining, parks, and top-rated schools. A family park is located only a block away and a pet friendly park as well. Don't miss your opportunity to own this brand new, impeccably designed home in a prime location. Book your showing today and experience luxury living at its finest at 717 Penn Rd. The property is priced below tax value, and appraised value giving a new owner a great equity position in this custom first class home. **Professional photos being taken 3/28/25

Full Property Details for 717 Penn Rd

General

  • Price: $1,400,000
  • Taxes: $18,943
  • Status: Active
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10084281
  • Updated: 10/13/2025
  • Added to Site: 299 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Chandelier, Crown Molding, Dining L, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Quartz Counters, Recessed Lighting, Room Over Garage, Walk-In Shower, Water Closet
  • Appliances: Built-In Electric Oven, Built-In Electric Range, Built-In Freezer, Built-In Range, Cooktop, Dishwasher, Electric Oven, Electric Range, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Vented Exhaust Fan, Oven, Washer/Dryer
  • Flooring: Carpet, Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Spa Description: None

Exterior

  • Exterior Features: None
  • Porch/Patio/Deck: Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Private, Side By Side

Location

  • County: Wake
  • Subdivision: Capital Heights
  • Driving Directions: Wake Forest Rd to Brookside to N. State Street to Penn Road.
  • City Limits: Yes

School Information

  • Elementary School: Wake - Conn
  • Middle School: Wake - Ligon
  • High School: Wake - Enloe

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Central, ENERGY STAR Qualified Equipment

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: Colonial
  • Structure Type: House, Site Built
  • Exterior Const.: See Remarks
  • Roof: Shingle
  • Stories/Levels: 1
  • Building Size: 5467
  • Square Feet: 5,467
  • Finished Above Grnd: 5,467 Sq. Ft.
  • Year Built: 2022

Lot Features

  • Property View: Downtown
  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583.2
  • Fence: Yes
  • Lot Features: Back Yard, City Lot, Front Yard, Interior Lot
  • Fencing (Description): Back Yard, Wood

Financial Considerations

  • Tax Amount: $18,943.44

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 1714.1722
  • Lot Number: 111

Listed by Home Equity Realty, LLC, Mark Bullard (910) 742-8887

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Listing agent

— 717 Penn Rd —

  • Mark Bullard

    Home Equity Realty, 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 717 Penn Rd

School District:Wake County Schools
NameGradesDistance
Conn Elementary
1220 Brookside Drive, Raleigh, NC 27604
PK-50.5 mi
Ligon Middle
706 East Lenoir Street, Raleigh, NC 27601
6-81.2 mi
William G Enloe High
128 Clarendon Crescent, Raleigh, NC 27610
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 717 Penn Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2025
Listed
$1,400,000
324.24%
MLS
4/27/2021
Sold
$330,000
—
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 717 Penn Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,022
—
$2,178,864
—
2024
$18,943
98%
$2,178,864
62%
2023
$9,577
426%
$1,344,429
647%
2022
$1,822
-28%
$180,000
-30%
2021
$2,514
2%
$256,302
—
2020
$2,468
39%
$256,302
69%
2019
$1,777
6%
$151,624
—
2018
$1,677
5%
$151,624
—
2017
$1,597
2%
$151,624
—
2016
$1,565
58%
$151,624
61%
2015
$993
5%
$93,963
—
2014
$943
7%
$93,963
—
2013
$881
—
$93,963
—
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 Home Equity Realty, LLC, Mark Bullard (910) 742-8887

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717 Penn Road, Raleigh, NC 27604 (MLS# 10084281) is a Single Family property with 5 bedrooms, 5 full bathrooms and 1 partial bathroom. 717 Penn Road is currently listed for $1,400,000 and was received on March 23, 2025. Want to learn more about 717 Penn Road? 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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