717 Penn Rd

$1,400,000
Price
5
Beds
5,467 Sq. Ft.
$256 / Sq. Ft.
5,467
Sq. Ft.
$256
per Sq. Ft.

Description

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...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

Property Details for 717 Penn Road

View
Downtown
View
Yes
Waterfront
No
Subdivision
Capital Heights
LISTING UPDATED: 10/28/2025 03:54 AM

Property Details for 717 Penn Road

StatusActive
MLS #10084281
Days on Market265
Taxes$18,943 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2022
Lot Size0.22 AC / 9,583 SF
CountyWake County

Location

Listing Courtesy of Home Equity Realty, LLC
Add your commute

Building Information for 717 Penn Road

Stories1Year Built2022Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$8,496 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,918

Property Taxes

$1,579

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 717 Penn Road

Summary
Location and General Information
  • Directions: Wake Forest Rd to Brookside to N. State Street to Penn Road.
  • Subdivision Name: Capital Heights
  • Latitude: 35.788321
  • Longitude: -78.621382
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $18,943.44
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 111
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Conn
  • Middle Or Junior School: Wake - Ligon
  • High School: Wake - Enloe
Parking
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Private, Side By Side
  • Carport: No
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 5467.0
  • Lot Features: Back Yard, City Lot, Front Yard, Interior Lot
  • Architectural Style: Colonial
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1714.17222096000
  • Structure Type: House, Site Built
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
Property and Assessments
  • New Construction: No
  • Photos Count: 61
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Visitor Bathroom
  • Construction Materials: See Remarks
  • Exterior Features: None
  • Fencing: Back Yard, Wood
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: See Remarks, House, Site Built
Interior Features
  • Levels: Three Or More
  • Stories: 1
  • Flooring: Carpet, Hardwood, Vinyl
  • Cooling: Heat Pump
  • Cooling?: Yes
  • Heating: Central, ENERGY STAR Qualified Equipment
  • Heating?: Yes
  • 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
  • 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
  • Spa Features: None
  • Equipment 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
  • Interior: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Private, Side By Side, See Remarks
  • Equipment: 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, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Private, Side By Side
  • Additional Equipment: Other
Room Information
Room Information
  • Rooms Total: 10.0
Room 1
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Type: Office
Room 3
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Type: Primary Bathroom
Room 5
  • Room Level: Main
  • Room Type: Family Room
Room 6
  • Room Level: Upper
  • Room Type: Bonus Room
Room 7
  • Room Level: Main
  • Room Type: Bathroom 2
Room 8
  • Room Level: Main
  • Room Type: Bathroom 3
Room 9
  • Room Level: Second
  • Room Type: Bedroom 2
Room 10
  • Room Level: Second
  • Room Type: Bedroom 3
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 717 Penn Road

DateEvent & SourcePriceAppreciation
Mar 23, 2025

Listed (Active)

TRIANGLEMLS #10084281

$1,400,000—
Mar 3, 2025

Expired

TRIANGLEMLS #10052091

—
Feb 12, 2025

Price Change

TRIANGLEMLS #10052091

$1,499,000—
Sep 11, 2024

Listed (Active)

TRIANGLEMLS #10052091

$1,550,000—
Aug 28, 2024

Withdrawn

TRIANGLEMLS #10039041

—
Aug 1, 2024

Price Change

TRIANGLEMLS #10039041

$1,550,000—
Jul 17, 2024

Price Change

TRIANGLEMLS #10039041

$1,600,000—
Jul 2, 2024

Listed (Active)

TRIANGLEMLS #10039041

$1,700,000—
Dec 5, 2023

Withdrawn

TRIANGLEMLS #2513762

—
Dec 1, 2023

Price Change

TRIANGLEMLS #2513762

$1,500,000—
Sep 28, 2023

Price Change

TRIANGLEMLS #2513762

$1,500,000—
Sep 13, 2023

Price Change

TRIANGLEMLS #2513762

$1,550,000—
Jul 18, 2023

Price Change

TRIANGLEMLS #2513762

$1,585,000—
May 31, 2023

Listed (Active)

TRIANGLEMLS #2513762

$1,600,000—
May 31, 2023

Listed (Active)

TRIANGLEMLS #2513762

$1,600,000—
May 25, 2023

Expired

TRIANGLEMLS #2451151

—
May 25, 2023

Expired

TRIANGLEMLS #2451151

—
May 24, 2023

Expired

AMLS #2451151

$1,600,000—
May 24, 2022

Listed (Active)

TRIANGLEMLS #2451151

$1,425,000—
May 24, 2022

Listed (Active)

TRIANGLEMLS #2451151

$1,425,000—
May 24, 2022

Listed (Active)

AMLS #2451151

$1,425,000—
Apr 27, 2021

Sold (Public Record)

Public Record #1459455240

$330,000—
Apr 27, 2021

Sold (Public Record)

Public Record #1515673632

$330,000—
Apr 27, 2021

Sold (Public Record)

Public Record #696797740

$330,000

+76.2% / yr

Jun 14, 2018

Sold (Public Record)

Public Record #623869450

$65,000—
DateEvent & SourcePrice
03/23/2025

Listed (Active)

TRIANGLEMLS #10084281

$1,400,000
03/03/2025

Expired

TRIANGLEMLS #10052091

—
02/12/2025

Price Change

TRIANGLEMLS #10052091

$1,499,000
09/11/2024

Listed (Active)

TRIANGLEMLS #10052091

$1,550,000
08/28/2024

Withdrawn

TRIANGLEMLS #10039041

—
08/01/2024

Price Change

TRIANGLEMLS #10039041

$1,550,000
07/17/2024

Price Change

TRIANGLEMLS #10039041

$1,600,000
07/02/2024

Listed (Active)

TRIANGLEMLS #10039041

$1,700,000
12/05/2023

Withdrawn

TRIANGLEMLS #2513762

—
12/01/2023

Price Change

TRIANGLEMLS #2513762

$1,500,000
09/28/2023

Price Change

TRIANGLEMLS #2513762

$1,500,000
09/13/2023

Price Change

TRIANGLEMLS #2513762

$1,550,000
07/18/2023

Price Change

TRIANGLEMLS #2513762

$1,585,000
05/31/2023

Listed (Active)

TRIANGLEMLS #2513762

$1,600,000
05/31/2023

Listed (Active)

TRIANGLEMLS #2513762

$1,600,000
05/25/2023

Expired

TRIANGLEMLS #2451151

—
05/25/2023

Expired

TRIANGLEMLS #2451151

—
05/24/2023

Expired

AMLS #2451151

$1,600,000
05/24/2022

Listed (Active)

TRIANGLEMLS #2451151

$1,425,000
05/24/2022

Listed (Active)

TRIANGLEMLS #2451151

$1,425,000
05/24/2022

Listed (Active)

AMLS #2451151

$1,425,000
04/27/2021

Sold (Public Record)

Public Record #1459455240

$330,000
04/27/2021

Sold (Public Record)

Public Record #1515673632

$330,000
04/27/2021

Sold (Public Record)

Public Record #696797740

$330,000

+76.2% / yr

06/14/2018

Sold (Public Record)

Public Record #623869450

$65,000

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

Public Records for 717 Penn Road

Taxable ValueLand$240,000Additions$1,938,864Total$2,178,864
Tax Record2025$19,022 ($1,585 / month)
Home Facts
Beds0Baths1Total Finished SqFt5,467 SqFtAbove Grade Finished SqFt5,467 SqFtStories2Lot Size9,583 SqFtStyleSingle Family ResidenceYear Built2022ZoningR-10CountyWAKEAPN1714.17-22-2096 0061974Fireplace TypeHas Fireplace

Schools near 717 Penn 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 - 9 to 12
Rating
School
Distance
Conn Elementary
PublicPK to 5

Ligon Middle
Public6 to 8

William G Enloe High
Public9 to 12

Phillips High
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

Similar Sold Homes

717 Penn Road is a single family home for sale in Raleigh, NC 27604. This property was listed for sale on March 23, 2025 by Home Equity Realty, LLC, it's currently listed at $1,400,000. It has been on the market for a total of 265 days and was last sold on April 27, 2021. This listing's school district is Wake County School District. Nearby schools include Conn Elementary, Ligon Middle and William G Enloe High. 717 Penn Road is a 5-bed, 6-bath, 5,467 sqft single family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Home Equity Realty, LLC

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.