501 Gay Rd
Description
This beautifully updated home sits on a spacious one-acre lot. From the moment you arrive, you'll notice the fresh exterior paint, new gutters, and inviting curb appeal that sets the tone for what's inside. Step through the door to find all-new interior paint, beautiful wood flooring, and updated lighting. The heart of the home features a stunning kitchen equipped with brand-new stainless steel appliances--including a refrigerator, stove, dishwasher, and microwave--perfect for everyday living and...This beautifully updated home sits on a spacious one-acre lot. From the moment you arrive, you'll notice the fresh exterior paint, new gutters, and inviting curb appeal that sets the tone for what's inside. Step through the door to find all-new interior paint, beautiful wood flooring, and updated lighting. The heart of the home features a stunning kitchen equipped with brand-new stainless steel appliances--including a refrigerator, stove, dishwasher, and microwave--perfect for everyday living and entertaining alike. With 3 bedrooms and 2 renovated bathrooms, this home offers both comfort and functionality. A cozy den or office space with its own fireplace provides the perfect spot to work from home or unwind with a good book. Downstairs, the possibilities truly open up. Two expansive flex spaces give you the freedom to create the lifestyle you've been dreaming of. One side features a fireplace and a large sliding glass door leading out to a patio--ideal for indoor-outdoor living. The other side offers a wide-open space with a massive storage closet, making it perfect for a home gym, playroom, media room, music studio, or whatever suits your needs. Enjoy peaceful mornings or evening gatherings on the brand-new back deck, all while taking in the privacy and space of your one-acre lot. Located in thriving Zebulon, you'll love being part of a growing community known for its revitalized downtown, local events, and strong sense of connection. With new businesses, dining options, and community spaces continuing to emerge, Zebulon is quickly becoming one of the most exciting places to call home in Eastern North Carolina. This is more than a home--it's a lifestyle upgrade with room to live, grow, and make it your own.
- Listed by Christian Mears • Brokerage DRE #C12924 • Keller Williams Realty Points EastP: (252)-567-0154 nikkimears@kw.com
Property Details for 501 Gay Road
Subdivision Name
Not In Subdivision
ViewSee Remarks
WaterfrontNo
Waterfront FeaturesNone
ZoningFCO R-30
LISTING UPDATED: 04/15/2026 07:48 AM
Property Details for 501 Gay Road
| Status | Active |
|---|---|
| MLS # | 100567010 |
| Days on Market | 3 |
| Taxes | $2,199 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1969 |
| Lot Size | 1.00 AC / 43,560 SF |
| County | Franklin County |
Location
Listing Courtesy of Keller Williams Realty Points East
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Building Information for 501 Gay Road
Stories2Year Built1969Building Size-Lot Size1.00 AC / 43,560 SF
Payment Calculator
$2,500 per month
30 year fixed, 6.46% Interest
Principal and Interest
$2,316
Property Taxes
$183
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 501 Gay Road
Summary
Location and General Information
- Island Or Mainland: Mainland
- In City Limits: Yes
- Secondary Subdivision: N/A
- Cobra Zone: No
- Directions: via I-587 and US-264 W Take I-587 and US-264 W to NC-96 N in Zebulon. Take exit 435 from US-264 W/US-64 W. Take exit 435 for NC-96 toward US-64 BUS/Zebulon/Oxford, Follow NC-96 N and Hopkins Chapel Rd to Gay Town Rd in Franklin County, Destination will be on the right
- Latitude: 36
- Longitude: -78
- Road Frontage Type: City Street, State Road
Taxes and HOA
- HOA And Neighborhood Amenities Club Membership: None Selected
- Tax Other Assessment Amount Frequency: none known
- Association Amenities: None
- Association: No
- Parcel Number: 001356
- Tax Book Number: 225
- Tax Legal Description: None
- Tax Map Number: 422
- Tax Assessed Value: $369,740
- Tax Year: 2025
School Information
- Zoned Elementary School: Lavonia
- Zoned Middle School: Franklin
- Zoned High School: Franklin
- Elementary School: Bunn
- High School: Bunn
- Middle Or Junior School: Bunn
Parking
- Detached Garage Spaces: 0.0
- Attached Carport Spaces: 0.0
- Attached Garage Spaces: 1.0
- Attached Garage: Yes
- Carport Spaces: 0.0
- Garage: Yes
- Parking Total: 1.0
- Parking Features: Off Street
Property
Lot Information
- Living Area Range: 0 - 200
- Lot Number: 2
- Building Area Total: 0.0
- Frontage Type: See Remarks
- Lot Size Acres: 1.0
- Lot Size Area: 1.0
- Lot Size Square Feet: 43560.0
- Lot Size Dimensions: 0
- Lot Size Units: Acres
- Living Area: 0.0
- Living Area Units: Square Feet
- Structure Type: Wood Frame, Stick Built
Property and Assessments
- Deed Book: 2404
- Deed Page: 756758.0
- Floor Plans Count: 0
- New Construction: No
- Possession: Close Of Escrow, At Closing
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Year Built: 1969
- Permitted Use: Public
Green Features
- Green Building Verification Type: None
Utilities
- Sewer Provider: Septic Tank
- Fuel Tank Owned Or Leased: Owned
- Fuel Vendor Contact Name And Contact: unknown
- Fuel Tank Above Or Below Ground: Above Ground
- Fuel Tank Fuel Type: Propane
- Fuel Tank In Use: Yes
- Utilities: Water Connected
- Water Source: Shared Well
Interior and Exterior Features
Exterior Features
- Exterior Finish: Brick Veneer
- Accessibility Features: None
- Construction Materials: Brick Veneer, Wood Frame
- Exterior Features: None
- Fencing: None
- Foundation Details: Combination, Crawl Space
- Patio And Porch Features: Deck
- Pool Features: None
- Roof: Metal
- Security Features: Smoke Detector(s)
- Stories Total: 2
Interior Features
- Bathrooms Total Source: Computed
- Bathrooms Total Decimal: 2.0
- Bathrooms Total Notational: 2.0
- Attic Features: Pull-Down Stairs, None
- Heating System Fuel Source: Propane
- Water Heater: Electric
- Master Bedroom Level: Primary Living Area
- Appliances: Vented Exhaust Fan, Built-In Microwave, Refrigerator, Electric Range
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Total Integer: 2
- Bedrooms Total: 3
- Basement: Finished
- Cooling: Central Air
- Cooling: Yes
- Entry Level: 1
- Flooring: LVT/LVP, Tile, Wood
- Heating: Yes
- Heating: Propane, Gas Pack
- Interior Features: Mud Room, Ceiling Fan(s), Walk-in Shower, Basement
- Laundry Features: Laundry Room
- Levels: One and One Half
- Room Type: Living Room, Dining Area, Bedroom 1, Bedroom 2, Master Bedroom, Dining Room, Den, Office
- Rooms Total: 8
Room Information
Room 1
- Room Level: First
- Room Type: Bedroom 1
Room 2
- Room Level: First
- Room Description: walkin shower
- Room Type: Master Bedroom
Room 3
- Room Level: Basement
- Room Description: 2 rooms separated by a door & 1 rooms has a fireplace
- Room Type: Den
Room 4
- Room Level: First
- Room Type: Bedroom 2
Room 5
- Room Level: First
- Room Type: Kitchen
Room 6
- Room Level: First
- Room Type: Living Room
Room 7
- Room Level: First
- Room Description: fireplace
- Room Type: Office
Room 8
- Room Level: First
- Room Type: Dining Room
Multi Family
Multi Family Information
- Furnished: Unfurnished
- Unit Type: 3 Bedroom
Income & Expenses
- Operating Expense: $.00
Agent
Sale and Listing
- Sold Exclusive: No
Property History for 501 Gay Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 14, 2026 | Listed (Active) NCRMLS #100567010 | $460,000 | — |
| Aug 8, 2025 | Sold NCRMLS #100516666 | $310,000 | — |
| Jul 12, 2025 | Pending NCRMLS #100516666 | — | |
| Jul 1, 2025 | Listed (Active) NCRMLS #100516666 | $349,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/14/2026 | Listed (Active) NCRMLS #100567010 | $460,000 |
| 08/08/2025 | Sold NCRMLS #100516666 | $310,000 |
| 07/12/2025 | Pending NCRMLS #100516666 | — |
| 07/01/2025 | Listed (Active) NCRMLS #100516666 | $349,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 501 Gay Road
Taxable ValueLand$84,000Additions$285,740Total$369,740
Tax Record2024$2,309 ($192 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,421 SqFtAbove Grade Finished SqFt1,421 SqFtStories1Lot Size130,680 SqFtStyleSingle Family ResidenceYear Built1969ZoningFCO R-30CountyFRANKLINAPN001356Fireplace TypeHas Fireplace
Schools near 501 Gay Road
This home is within Franklin County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 13 |
Rating | School | Distance |
|---|---|---|
Bunn Elementary PublicPK to 5 | ||
Bunn Middle Public6 to 8 | ||
Bunn High Public9 to 12 | ||
Franklin County Early College High Public9 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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Listing Courtesy of Keller Williams Realty Points East
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