1505 Chester Rd

4,508 Sq. Ft.
$416 / Sq. Ft.
4,508
Sq. Ft.
$416
per Sq. Ft.

Description

A spectacular opportunity in a prime inside the beltline location. This private oasis sits on a half-acre lot and offers parking for 5 cars -plus with a 3-car detached and a 2-car attached garage as well a plenty of driveway. The detached garage also has roughly 880 square feet of unfinished space that would make great rental apartment, home office, woodworking shop, artists loft or home gym. Plumbing and electrical in garage. This masterpiece of a home was the last home built by legendary Raleigh...A spectacular opportunity in a prime inside the beltline location. This private oasis sits on a half-acre lot and offers parking for 5 cars -plus with a 3-car detached and a 2-car attached garage as well a plenty of driveway. The detached garage also has roughly 880 square feet of unfinished space that would make great rental apartment, home office, woodworking shop, artists loft or home gym. Plumbing and electrical in garage. This masterpiece of a home was the last home built by legendary Raleigh custom home builder Grady T Ferrell, Jr. Having built this beauty for his family, he spared no expense on materials and finish levels. The fine craftsmanship is emblematic of the era (built in 2006) and is just not available in many of the newly built homes today. The home offers over 4500 Sq Ft, 4 Bedrooms, 4 full baths and 3 - half baths. You'll love the large kitchen with beautiful cherry toned mahogany cabinetry, plenty of granite counter space and bar seating at the island. The island features a gas cooktop and ample workspace on the counter. A wall oven and microwave are right next to the island. A cozy keeping room with fireplace and breakfast room surround the kitchen. The large formal dining room is great for entertaining friends. The living room with fireplace sports views of the large back yard and covered sitting porch. A spacious guest suite rests at the end of home offering peace and quiet. The 2nd level features a large master suite with huge custom built in closet with cherry cabinetry. The master bath has a giant walk in shower and separates his and her areas with toilet and vanities. There are two other bedrooms with full baths and a huge bonus room measuring 29'x24'. On the 3rd level there is walk up attic about 35' x 30'. Plenty of storage in this home and over the detached garage. The home is in good overall condition with some updates and repairs done recently including crawl space work, a new water heater, new gutters, plumbing and electrical repairs. A pre-inspection of the home was done and is available for review so you can bid confidently on this home. With such good bones, size, privacy and location, buyers can put their own decor updates, design touches on this home and create a magnificent home of their dreams. This is one superb location nestled between Cameron Village, Hayes Barton and Five Points and only 3 miles to the heart of downtown Raleigh. With a little investment this home will return so much value and provide you with a private enclave and a wonderful luxury estate home bringing comfort and happiness. The home is accessed via a private driveway off of Churchill Drive.
  1. Listed by Tom Mabrey • Keller Williams Legacy

Property Details for 1505 Chester Road

View
Yes
Subdivision
Forty Acres
LISTING CLOSED: 12/05/2025 12:00 AM

Property Details for 1505 Chester Road

StatusClosed
MLS #10124884
Taxes$16,653 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2006
Lot Size0.58 AC / 25,264 SF
CountyWake County

Location

Listing Courtesy of Keller Williams Legacy

Sold By Keller Williams Legacy

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Building Information for 1505 Chester Road

Stories-Year Built2006Building Size-Lot Size0.58 AC / 25,264 SF

Payment Calculator

$10,731 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,343

Property Taxes

$1,388

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1505 Chester Road

Summary
Location and General Information
  • Directions: From Wade Ave at Oberlin Road go North on Oberlin to left on Chester Rd. Go about 2/10 of mile to left on Churchill. About 200' down on the right is the driveway to the home. There is a brick monument with the address just to the left of the driveway. So - the driveway to the home is NOT on Chester Road but on Churchill Drive. When youcome to end of driveway, it is best to turn to your right and park near the attached garage. When you leave, it is best to back up all the way into the drive that goes to the detached garage and head out of the driveway head first.
  • Subdivision Name: Forty Acres
  • Latitude: 35.805505
  • Longitude: -78.660369
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $16,653.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 33
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-11-17
School Information
  • Elementary School: Wake - Lacy
  • Middle Or Junior School: Wake - Oberlin
  • High School: Wake - Broughton
Parking
  • Parking Features: Additional Parking
  • Carport: No
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 4508.0
  • Architectural Style: Traditional, Transitional
  • Total Other Area Sq Ft: 0
  • Other Structures: Garage(s), Second Garage
  • Parcel Number: 1704.05086267.000
  • Structure Type: House
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
  • Sold PriceList Price: 0.85
Property and Assessments
  • New Construction: No
  • Photos Count: 82
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
  • Builder Name: Grady T Ferrel, Jr.
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Frame, Stone Veneer, Wood Siding
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Frame, Stone Veneer, Wood Siding, House
Interior Features
  • Levels: Two
  • Fireplace Features: Gas, Kitchen, Living Room
  • Fireplace Y N: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
  • Cooling: Central Air, Electric
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Cooktop, Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Oven, Water Heater
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Equipment Appliances: Cooktop, Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Oven, Water Heater
  • Interior: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Additional Parking, Brick, Frame, Stone Veneer, Wood Siding, Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Equipment: Cooktop, Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Oven, Water Heater, Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup, Additional Parking
Room Information
Room Information
  • Rooms Total: 12.0
Room 1
  • Room Level: Second
  • Room Type: Primary Bedroom
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 1505 Chester Road

DateEvent & SourcePriceAppreciation
Dec 5, 2025

Sold

TRIANGLEMLS #10124884

$1,875,000
Dec 4, 2025

Sold (Public Record)

Public Record #1922579244

$1,875,000

+7.8% / yr

Oct 21, 2025

Pending

TRIANGLEMLS #10124884

DateEvent & SourcePrice
12/05/2025

Sold

TRIANGLEMLS #10124884

$1,875,000
12/04/2025

Sold (Public Record)

Public Record #1922579244

$1,875,000

+7.8% / yr

10/21/2025

Pending

TRIANGLEMLS #10124884

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1505 Chester Road

Taxable ValueLand$777,150Additions$1,130,066Total$1,907,216
Tax Record2025$16,653 ($1,388 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt4,804 SqFtAbove Grade Finished SqFt4,804 SqFtStories2Lot Size25,265 SqFtStyleSingle Family ResidenceYear Built2006ZoningR-4CountyWAKEAPN1704.05-08-6267 0021963Fireplace TypeHas Fireplace

Schools near 1505 Chester Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 13
Rating
School
Distance
Lacy Elementary
PublicPK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Women's Leadership Academy
Public6 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Legacy

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