Active
4 beds2,412 sqft

7217 Rabbit Run, Wake Forest, NC 27587

Single FamilyProperty Type
1.95 acresLot Size
1986Year Built
$249/sq ftPrice per sq ft

Description

New price + one year buy-down with preferred lender! Now offered at $599,900! Your opportunity to own this beautiful Wake Forest property on nearly 2 ACRES just got even better! Enjoy the space, privacy, and charm of this special property, plus the added benefit of a one year rate buy-down when financing with the preferred lender. One of the largest homesites in the neighborhood, this exceptional Wake Forest home offers a rare combination of privacy, timeless character, and modern comfort, all just...New price + one year buy-down with preferred lender! Now offered at $599,900! Your opportunity to own this beautiful Wake Forest property on nearly 2 ACRES just got even better! Enjoy the space, privacy, and charm of this special property, plus the added benefit of a one year rate buy-down when financing with the preferred lender. One of the largest homesites in the neighborhood, this exceptional Wake Forest home offers a rare combination of privacy, timeless character, and modern comfort, all just minutes from Falls Lake, historic downtown Wake Forest, shopping, dining, and everyday conveniences. Extensively updated throughout, the home pairs timeless finishes with quality craftsmanship, creating spaces that feel both refined and welcoming. Rich hardwood floors, updated lighting, fresh finishes, and beautifully remodeled bathrooms reflect the care and attention invested in every renovation, resulting in a home that is truly move-in ready. At the heart of the home, the renovated kitchen was designed for gathering. Custom cabinetry, quartz countertops, a designer backsplash, double ovens, updated appliances, abundant storage, and a bright breakfast area overlooking the backyard make it equally suited for everyday living and effortless entertaining. The spacious family room, anchored by a classic brick fireplace, flows seamlessly into the dining room and outdoor living spaces, creating an inviting setting for holidays, celebrations, or quiet evenings at home. The primary suite offers a peaceful retreat with a spa-inspired bathroom featuring a tiled walk-in shower, designer vanity, updated fixtures, and timeless finishes. Additional bedrooms provide generous space for family and guests. A fully permitted third-floor suite adds exceptional flexibility rarely found at this price point. Complete with a spacious bedroom, a separate flex room ideal for a home office, media room, playroom, guest suite, or creative studio, and a half bath already plumbed for a future shower, this space easily adapts as your needs evolve. A new dormer fills the room with natural light, while dedicated mini-split systems in each room provide efficient, year-round comfort. The unfinished walk-out basement offers abundant storage today and outstanding potential for future expansion, whether you envision a recreation room, workshop, fitness studio, or additional living space. Step outside to discover what truly sets this property apart. The screened porch and expansive deck overlook a fully fenced backyard framed by mature hardwoods and established landscaping, creating a peaceful retreat rarely found this close to town. Seasonal blooms, generous outdoor living spaces, and room for gardening, outdoor hobbies, entertaining, or simply unwinding make the backyard as inviting as the home itself. Outdoor enthusiasts will appreciate easy access to Falls Lake State Recreation Area for boating, fishing, hiking, mountain biking, beaches, and camping, while Holding Park & Pool, Forest Ridge Park, the Kerr Family YMCA, Target, Home Depot, Starbucks, restaurants, and historic downtown Wake Forest are all just minutes away. Offering the privacy of a wooded retreat with the convenience of one of Wake Forest's most desirable locations, this beautifully maintained home is truly a rare find. Homes that combine nearly two private acres, extensive renovations, a fully permitted third-floor suite, and such close proximity to Falls Lake and historic downtown Wake Forest rarely come to market.
108 days on Market
Last updated: 10/10/2026 08:16 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10176132
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Location

Listing Courtesy of Berkshire Hathaway HomeService
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$3,446 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,203

Property Taxes

$243

HOA Dues

$0

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Property Information for 7217 Rabbit Run

Property Details

  • Taxes: $2,916 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • View: Trees/Woods
  • Zoning Description: R-40W
  • Waterfront Features: None
  • Waterfront: No
  • Subdivision: Horseshoe Bend

Building Information

  • Stories: 3
  • Year Built: 1986
  • Lot Size: 1.95 AC / 84,942 SF

Summary

Location and General Information
  • Zoning: R-40W
  • Directions: GPS
  • Subdivision Name: Horseshoe Bend
  • Latitude: 35.97712
  • Longitude: -78.551743
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $2,915.80
  • Has City Limits: No
  • Lot Number: 38
  • Has Restrictive Covenants: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Richland Creek Elementary School
  • Middle Or Junior School: Wake - Wake Forest Middle School
  • High School: Wake - Wake Forest High School
Parking
  • Other Parking: A lot of driveway parking space is available.
  • Parking Features: Driveway, Paved, Parking Pad
  • Carport: No
  • Garage: No

Property

Lot Information
  • Building Area Total: 2412.26
  • Lot Features: Back Yard, Gentle Sloping, Landscaped, Native Plants, Private, Sloped, Hardwood Trees
  • Architectural Style: Colonial, Traditional, Transitional
  • Total Other Area Sq Ft: 830.0
  • Parcel Number: 183103206817000 0143022
  • Structure Type: House
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: No
  • Has Primary Residence: Yes
Property and Assessments
  • New Construction: No
  • Common Walls: No Common Walls
  • Senior Community: No
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Water Connected, Septic Connected
  • Water Source: Well

Interior and Exterior Features

Exterior Features
  • Construction Materials: Brick, Cement Siding
  • Exterior Features: Fire Pit, Lighting, Private Yard, Rain Gutters, Fenced Yard
  • Fencing: Back Yard, Fenced, Gate, Privacy, Wood
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Enclosed, Porch, Screened
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • New Construction Type: House, Brick, Cement Siding
Interior Features
  • Levels: Three Or More, Two
  • Stories: 3
  • Main Level Bathrooms: 1
  • Master Bedroom 1st Floor: No
  • Basement Description: Concrete, Daylight, Exterior Entry, Interior Entry, Sump Pump, Storage Space, Walk-Out Access, Workshop
  • Fireplace Features: Basement, Living Room, Wood Burning Stove
  • Has Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Door Features: French Doors
  • Windows Treatment: Bay Window(s), Window Treatments
  • Cooling: Central Air, Ceiling Fan(s), Other
  • Has Cooling: Yes
  • Heating: Central, Fireplace(s), Heat Pump, Other, Wood Stove
  • Has Heating: Yes
  • Appliances: Double Oven, Dishwasher, Exhaust Fan, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Free-Standing Range, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Water Heater
  • Interior Features: Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, High Speed Internet, Natural Woodwork, Pantry, Recessed Lighting, Smart Thermostat, Storage, Stone Counters, Living/Dining Room Combination, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Quartz Counters, Radon Mitigation, Smooth Ceilings
  • Spa: No

Room Information

Room 1
  • Type: Primary Bedroom
  • Level: Second

Property History for 7217 Rabbit Run

DateEvent & SourcePriceAppreciation
Oct 9, 2026

Price Change

Doorify MLS (fka Triangle MLS) #10176132

$599,900—
Sep 11, 2026

Price Change

Doorify MLS (fka Triangle MLS) #10176132

$625,000—
Jul 22, 2026

Price Change

Doorify MLS (fka Triangle MLS) #10176132

$649,000—
DateEvent & SourcePrice
10/09/2026

Price Change

Doorify MLS (fka Triangle MLS) #10176132

$599,900
09/11/2026

Price Change

Doorify MLS (fka Triangle MLS) #10176132

$625,000
07/22/2026

Price Change

Doorify MLS (fka Triangle MLS) #10176132

$649,000

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

Public records

7217 Rabbit Run

Beds

0

Baths

2.5

Total Finished SqFt

1,886 SqFt

Above Grade Finished SqFt

1,886 SqFt

Stories

2

Lot Size

84,942 SqFt

Schools near 7217 Rabbit Run

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 13
Rating
School
Distance
Richland Creek Elementary School
PublicPK to 5

Wake Forest Middle School
Public6 to 8

Wake Forest High School
Public9 to 12

North Wake College And Career Academy
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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7217 Rabbit Run is a single family home for sale in Wake Forest, NC 27587. This property was listed for sale on June 24, 2026 by Berkshire Hathaway HomeService, it's currently listed at $599,900. It has been on the market for a total of 108 days and was last sold on March 17, 2025. This listing's school district is Wake County School District. Nearby schools include Richland Creek Elementary School, Wake Forest Middle School and Wake Forest High School. 7217 Rabbit Run is a 4-bed, 4-bath, 2,412 sqft single family home built in 1986.

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 Berkshire Hathaway HomeService

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.