4305 Waterwheel Drive

Closed 1/4/24
Closed 1/4/24
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14
Photo 15
Photo 16
Photo 17
Photo 18
Photo 19
Photo 20
Photo 21
Photo 22
Photo 23
Photo 24
Photo 25
Photo 26
Photo 27
Photo 28
Photo 29
Photo 30
Photo 31
Photo 32
Photo 33
Photo 34
Photo 35
Photo 36
Photo 37
Photo 38
Photo 39
Photo 40
Photo 41
Photo 42
Photo 43
Photo 44
Photo 45
Photo 46
Photo 47
Photo 49
Photo 50
Photo 51
Photo 52
Photo 53
Photo 54
Photo 55
Photo 56
Sold
Last Sold Price
$720,000
3 beds2,292 sqft$314/sqft
4305 Waterwheel Dr, Raleigh, NC 27606
Single FamilyProperty Type
3.64 acresLot Size
1983Year Built
$314/sq ftPrice per sq ft
2 carsParking Spaces

Description

EXCEPTIONAL 3 bedroom 2.5 bath -beautifully landscaped! - Contemporary FarmhousE on 3.64 PRIVATE wooded acres near Crossroads shopping & restaurants. UPDATED KITCHEN features: hardwood & tile floors,granite counter tops, wine cabinet, desk, SS appliances, greenhouse wndw, island & pantry. HUGE OWNERS' SUITE w/ Flex, Storage & Sitting Rooms. BEDRM#2 has hdwd built-in desks. GARAGE: Storage Rm., + Workshop/Hobby Rm, cabinetry & shelves for tools. Love entertaining? Both open & cozy spaces inside while...EXCEPTIONAL 3 bedroom 2.5 bath -beautifully landscaped! - Contemporary FarmhousE on 3.64 PRIVATE wooded acres near Crossroads shopping & restaurants. UPDATED KITCHEN features: hardwood & tile floors,granite counter tops, wine cabinet, desk, SS appliances, greenhouse wndw, island & pantry. HUGE OWNERS' SUITE w/ Flex, Storage & Sitting Rooms. BEDRM#2 has hdwd built-in desks. GARAGE: Storage Rm., + Workshop/Hobby Rm, cabinetry & shelves for tools. Love entertaining? Both open & cozy spaces inside while outside has 3 Porch surrounds, multiple landscape decks & benches, selected plantings, a water feature, raised bed gardening & 2 handsome storage bldgs. CONVENIENT TO: RTP,Cary ,NCSU, Dwtn Raleigh, Fenton. Fun? Yates Mill Pond, Lake Wheeler, Lake Johnson, NC Farmers Market, 3 Amphitheaters. No city taxes! No hoa! Outdoor photos taken last Spring so now you can see for yourself how spectacular the Fall follage is.
  • Listed by: Sandy Lytle 919.412.1752 LYTLES@HPW.COM Brokerage DRE #C1232 • Coldwell Banker HPW
Listing closed: 01/04/2024 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 2537282

Recent comparable sales

Median sold price

$595,000

Avg days on market

51

Sale-to-list ratio

97.8%

Raleigh, NC

9 comparable properties found

$605,000 | 4720 Cedarfield Drive, Raleigh, NC 27606
1/40
1

$605,000

Sold 06/30/25

3
Bedrooms
1,995
Square Feet
0.93
Acres

4720 Cedarfield Drive, Raleigh, NC 27606

$622,500 | 4705 Joseph-Michael Court, Raleigh, NC 27606
1/61
2

$622,500

Sold 08/07/26

3
Bedrooms
2,538
Square Feet
0.96
Acres

4705 Joseph-Michael Court, Raleigh, NC 27606

$595,000 | 4700 Carolton Drive, Raleigh, NC 27606
1/30
3

$595,000

Sold 04/10/26

3
Bedrooms
1,989
Square Feet
0.93
Acres

4700 Carolton Drive, Raleigh, NC 27606

$587,000 | 5717 Allwood Drive, Raleigh, NC 27606
1/66
4

$587,000

Sold 12/01/25

3
Bedrooms
2,449
Square Feet
0.92
Acres

5717 Allwood Drive, Raleigh, NC 27606

$730,000 | 5512 Spring Bluffs Lane, Raleigh, NC 27606
1/49
5

$730,000

Sold 08/01/25

3
Bedrooms
2,631
Square Feet
2.1
Acres

5512 Spring Bluffs Lane, Raleigh, NC 27606

$540,000 | 5105 Laurie Drive, Raleigh, NC 27606
1/43
6

$540,000

Sold 09/03/26

3
Bedrooms
2,355
Square Feet
0.98
Acres

5105 Laurie Drive, Raleigh, NC 27606

$558,199 | 108 Hemlock Falls Trail, Unit 193, Raleigh, NC 27603
1/12
7

$558,199

Sold 12/19/24

3
Bedrooms
2,419
Square Feet
0.13
Acres

108 Hemlock Falls Trail, Unit 193, Raleigh, NC 27603

$546,560 | 711 Georgias Landing Parkway, Unit 106, Raleigh, NC 27603
1/5
8

$546,560

Sold 03/31/25

3
Bedrooms
2,426
Square Feet
0.10
Acres

711 Georgias Landing Parkway, Unit 106, Raleigh, NC 27603

$700,000 | 4017 Tryon Road, Raleigh, NC 27606
1/40
9

$700,000

Sold 07/29/26

3
Bedrooms
2,355
Square Feet
3.3
Acres

4017 Tryon Road, Raleigh, NC 27606

Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Coldwell Banker HPW

Sold By NorthGroup Real Estate, Inc.

Add your commute

Payment Calculator

Get preapproved with Rocket Mortgage1

$3,980 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,721

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 4305 Waterwheel Drive

Property Details
  • Taxes: $3,113 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • Zoning Description: R-40W
  • Subdivision: Yates Mill
Building Information
  • Year Built: 1983
  • Lot Size: 3.64 AC / 158,558 SF
Summary
Location and General Information
  • Zoning: R-40W
  • Direction Faces: East
  • Directions: From Historic Yates Mill Park at the intersection of Lake Wheeler Road and Penny Road, take Penny Road, bear RIGHT onto Yates Mill Pond Rd., then RIGHT on Waterwheel Drive. Home is on the LEFT.
  • Subdivision Name: Yates Mill
  • Latitude: 35.716681
  • Longitude: -78.703781
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $3,113.00
  • Has City Limits: No
  • Lot Number: 7
  • Has Restrictive Covenants: Yes
Contract Information
  • Original Listing ID: 2537282
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2023-12-18
Owner
  • Ownership Type: Other
School Information
  • Elementary School: Wake - Yates Mill Elementary
  • Middle Or Junior School: Wake - Dillard Drive Middle
  • High School: Wake - Athens Drive High
Parking
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
Virtual Tour
Property
Lot Information
  • Building Area Total: 2292.0
  • Lot Features: Corner Lot, Landscaped, Wooded
  • Lot Size Dimensions: 72x336x39x(154)x60x100x72x19x(326)72x327
  • Architectural Style: Farmhouse, Transitional
  • Total Other Area Sq Ft: 177.0
  • Structure Type: Site Built
  • Has Primary Residence: Yes
  • Sold PriceList Price: 0.99
Property and Assessments
  • New Construction: No
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Features: Rain Gutters, Fenced Yard
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Covered, Deck, Porch
  • New Construction Type: Site Built, Wood Siding
Interior Features
  • Levels: Two
  • Fireplace Features: Family Room, Gas Log
  • Has Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Wood
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Electric, Heat Pump, Wall Furnace
  • Has Heating: Yes
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator, Range Hood
  • Laundry Features: Laundry Closet, Electric Dryer Hookup, Upper Level
  • Interior Features: Bookcases, Ceiling Fan(s), Entrance Foyer, Pantry, Storage, Tile Counters, Walk-In Closet(s)
Room Information
Room Information
  • Rooms Total: 10.0
Room 1
  • Type: Entrance Hall
  • Level: Main
Room 2
  • Type: Dining Room
  • Level: Main
Room 3
  • Type: Family Room
  • Level: Main
Room 4
  • Type: Kitchen
  • Level: Main
Room 5
  • Type: Breakfast Room
  • Level: Main
Room 6
  • Type: Primary Bedroom
  • Level: Second
Room 7
  • Type: Bedroom 2
  • Level: Second
Room 8
  • Type: Bedroom 3
  • Level: Second
Room 9
  • Type: Utility Room
  • Level: Second
Room 10
  • Type: Other
  • Level: Second
  • Description: Sitting Rm
Room 11
  • Type: Other
  • Level: Second
  • Description: Flex Rm
Room 12
  • Type: Other
  • Level: Main
  • Description: WkshpHobby
Room 13
  • Type: Other
  • Level: Main
  • Description: GarageStg
Room 14
  • Type: Workshop

Property History for 4305 Waterwheel Drive

DateEvent & SourcePriceAppreciation
Jan 4, 2024

Sold

Doorify MLS (fka Triangle MLS) #2537282

$720,000—
Dec 20, 2023

Sold (Public Record)

Public Record #1525089283

$720,000—
Nov 16, 2023

Pending

Doorify MLS (fka Triangle MLS) #2537282

—
DateEvent & SourcePrice
01/04/2024

Sold

Doorify MLS (fka Triangle MLS) #2537282

$720,000
12/20/2023

Sold (Public Record)

Public Record #1525089283

$720,000
11/16/2023

Pending

Doorify MLS (fka Triangle MLS) #2537282

—

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

Public Records for 4305 Waterwheel Drive

Taxable ValueLand$297,408Additions$395,261Total$692,669
Tax Record2025$4,450 ($371 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,124 SqFtAbove Grade Finished SqFt2,124 SqFtStories2Lot Size158,558 SqFtStyleSingle Family ResidenceYear Built1983ZoningR-40WCountyWAKEAPN0781.02-75-9850 0126225Fireplace TypeHas Fireplace

Schools near 4305 Waterwheel Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Yates Mill Elementary
Public - PK to 5
Dillard Drive Middle
Public - 6 to 8
Athens Drive High
Public - 9 to 12
SCORE Academy
Public - 9 to 12
Rating
School
Distance
Yates Mill Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

Athens Drive High
Public9 to 12

SCORE Academy
Public9 to 12

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.

Similar Homes

New listings in 27606

$415,000 | 5455 Crescentview Parkway, Unit 5455, Raleigh, NC 27606
1/16
New

$415,000

4
Bedrooms
2,080
Square Feet
0.04
Acres

5455 Crescentview Parkway, Unit 5455, Raleigh, NC 27606

$525,000 | 2420 Silver Lake Trail, Raleigh, NC 27606
1/44
New

$525,000

3
Bedrooms
1,983
Square Feet
0.18
Acres

2420 Silver Lake Trail, Raleigh, NC 27606

$380,000 | 2543 Asher View Court, Raleigh, NC 27606
1/25
New

$380,000

3
Bedrooms
1,762
Square Feet
0.05
Acres

2543 Asher View Court, Raleigh, NC 27606

$950,000 | 3917 Devan Oaks Way, Raleigh, NC 27606
1/52
Open: 9/13 11:00AM - 01:00PMNew

$950,000

4
Bedrooms
3,346
Square Feet
0.7
Acres

3917 Devan Oaks Way, Raleigh, NC 27606

$195,000 | 145 Jones Franklin Road, Unit D, Raleigh, NC 27606
1/23
New

$195,000

3
Bedrooms
1,160
Square Feet

145 Jones Franklin Road, Unit D, Raleigh, NC 27606

$319,900 | 5508 Cottonrose Lane, Raleigh, NC 27606
1/49
Listed By CompassVirtual Tour

$319,900

2
Bedrooms
1,463
Square Feet
0.05
Acres

5508 Cottonrose Lane, Raleigh, NC 27606

$430,190 | 707 Orch Vista Circle, Raleigh, NC 27606
1/36
NewNew Construction

$430,190

4
Bedrooms
1,887
Square Feet
0.03
Acres

707 Orch Vista Circle, Raleigh, NC 27606

$1,750,000 | 3000 William Frederick Way, Raleigh, NC 27606
1/57
Open: 9/12 12:00PM - 03:00PMNew

$1,750,000

4
Bedrooms
4,326
Square Feet
0.72
Acres

3000 William Frederick Way, Raleigh, NC 27606

$265,000 | 1221 University Court, Unit 304, Raleigh, NC 27606
1/15

$265,000

4
Bedrooms
1,219
Square Feet

1221 University Court, Unit 304, Raleigh, NC 27606

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4305 Waterwheel Drive, Raleigh, NC 27606
$720,000
3
2,292
158,558
5801 Oatstone Place, Raleigh, NC 27606
–
3
1,440
–
5805 Oatstone Place, Raleigh, NC 27606
–
–
2
1,516
40,511
4304 Yates Mill Pond Road, Raleigh, NC 27606
–
–
3
1,820
40,075
4300 Yates Mill Pond Road, Raleigh, NC 27606
–
–
2
2,221
54,450
4308 Waterwheel Drive, Raleigh, NC 27606
$337,500
3
1,908
40,075

Explore Nearby Homes

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 Coldwell Banker HPW

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.