Opportunity knocks only once and your whole life trajectory can change in an instance - is this that moment for you? What are some of the qualities that you have been looking for in your forever home? A beautiful recent new Construction? Instant provable equity? Extraordinary layout? GORGEOUS 1st floor Owner's Suite with unbelievable owner's bathroom? 4 additional fully en-suite bedrooms with private full bathrooms? Superb Raleigh location within walking distance to downtown? Great established Raleigh neighborhood with strong appreciation? 5 Bedrooms & 7 Baths (6 Full!) spread over 5,500 Sq Ft.? Check, Check, Check - Checkmate! These and much more are just some of the qualities that await at 717 Penn Road. From the moment you step inside the solid Oak front door you can tell the attention to detail and craftsmanship that went into this builder's former personal home. The soaring open double floor foyer greets you with an incredible chandelier and Oak hardwoods throughout the entire 1st floor. Making way through the entryway the solid oak hardwoods continue as you find a private 1st floor office that leads into a chef's gourmet kitchen. An oversized waterfall island in the enormous kitchen with beautiful custom quartz countertops and plenty of room for barstool seating. 3 custom pendant lights overhang the kitchen island providing plenty of light and gorgeous Quartz countertops are flanked by custom cabinets providing TONS of kitchen storage space. Stainless steel appliances convey including cooktop with Zephyr hood vent & double oven & SS Fridge. A stone's throw from the kitchen in itsOWN secluded pocket is the UNBELIEVABLE 1st floor Owner Suite w/ massive freestanding tub & zero entry shower, humongous double vanity with custom designed light package and an Owner's WIC that is the size of a Kid's bedroom. Other added downstairs bonuses include a MASSIVE +/- 420 sq. ft. covered back porch that makes way to a beautifully fully fenced backyard (8' ft wooden privacy!) w/ designer SOD that has been meticulously maintained and landscaped, 1st floor powder room, pantry and Washer/Dryer & a MASSIVE family room w/ recessed lighting & specially-designed linear fireplace. Making way to the 2nd floor the beautiful Oak hardwoods continue throughout and 3 full gigantic en-suite secondary bedrooms await. Each bedroom has a massive WIC and enough seating room for a mini playroom and/or study. Additionally, the entire 2nd floor also has beautiful 10' ceilings and custom woodwork, moulding and lighting throughout. A visitor's quarters (also with its own full bathroom!!) + Bonus room & separate Full bath await on the 3rd floor and offer ample flex space for a cinema, kid's play area, gym or much more. Oversized 2-car garage with special Epoxy flooring & large enough for SUVs. All of this can be yours for significantly less than recent tax assessed value and appraised market value. Instant - DAY 1 Equity awaits. Come see one of the best custom build deals in Raleigh since PRECOVID in an absolute unbeatable Raleigh location in an amazing, appreciating established neighborhood (w/ NO HOA!), extremely convenient to downtown Raleigh, NC State, I-40, North Hills, Cameron Village (The Village District), Historic Oakwood and Historic Boylan Heights, Centennial Campus and much more. Do you hear that? That's opportunity again - Come see us This weekend at our beautiful Open House so you can see in person 1st hand what your future could look like!
For sale
$1,450,000
717 Penn Rd, Raleigh, NC 27604
5beds
5,501sqft
Est.: Get pre-qualified
Single Family Residence, Residential
Built in 2022
9,583 Square Feet Lot
$1,384,500 Zestimate®
$264/sqft
$-- HOA
What's special
Zero entry showerOversized waterfall islandBeautiful custom quartz countertopsIncredible chandelierMassive freestanding tub
- 1 day |
- 152 |
- 1 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
KEVIN Van Zyl 919-608-1306,
Kevin Van Zyl
Source: Doorify MLS,MLS#: 10170236
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Ceiling Fan(s), Central Air, Zoned
Appliances
- Included: Dishwasher, Dryer, Electric Range, Free-Standing Refrigerator, Freezer, Microwave, Washer, Washer/Dryer
- Laundry: Lower Level
Features
- Flooring: Carpet, Laminate, Tile, Wood
Interior area
- Total structure area: 5,501
- Total interior livable area: 5,501 sqft
- Finished area above ground: 5,501
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 1
- Patio & porch: Covered, Deck
- Exterior features: Fenced Yard, Private Yard
- Fencing: Privacy
- Has view: Yes
Lot
- Size: 9,583 Square Feet
- Features: Sprinklers In Rear
Details
- Parcel number: 171417222096000 0061974
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Vertical Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Capital Heights
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $2,178,864
- Annual tax amount: $19,021
- Date on market: 5/28/2026
Estimated market value
$1,384,500
$1.32M - $1.45M
$3,846/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Listed for sale | $1,450,000+7.4%$264/sqft |
Source: | ||
| 5/21/2026 | Listing removed | $1,350,000$245/sqft |
Source: | ||
| 2/27/2026 | Listed for sale | $1,350,000-3.6%$245/sqft |
Source: | ||
| 1/30/2026 | Listing removed | $1,400,000$254/sqft |
Source: | ||
| 3/24/2025 | Listed for sale | $1,400,000-6.6%$254/sqft |
Source: | ||
| 3/4/2025 | Listing removed | $1,499,000$272/sqft |
Source: | ||
| 2/12/2025 | Price change | $1,499,000-3.3%$272/sqft |
Source: | ||
| 9/12/2024 | Listed for sale | $1,550,000$282/sqft |
Source: | ||
| 8/28/2024 | Listing removed | -- |
Source: | ||
| 8/1/2024 | Price change | $1,550,000-3.1%$282/sqft |
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| 7/17/2024 | Price change | $1,600,000-5.9%$291/sqft |
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| 7/2/2024 | Listed for sale | $1,700,000+13.3%$309/sqft |
Source: | ||
| 12/6/2023 | Listing removed | -- |
Source: BURMLS #2513762 Report a problem | ||
| 9/28/2023 | Price change | $1,500,000-3.2%$273/sqft |
Source: | ||
| 9/13/2023 | Price change | $1,550,000-2.2%$282/sqft |
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| 7/18/2023 | Price change | $1,585,000-0.9%$288/sqft |
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| 5/31/2023 | Listed for sale | $1,600,000$291/sqft |
Source: | ||
| 5/25/2023 | Listing removed | -- |
Source: | ||
| 1/3/2023 | Price change | $1,600,000+12.3%$291/sqft |
Source: | ||
| 6/1/2022 | Listed for sale | $1,425,000+331.8%$259/sqft |
Source: | ||
| 5/3/2021 | Sold | $330,000+407.7%$60/sqft |
Source: Public Record Report a problem | ||
| 6/15/2018 | Sold | $65,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,022 +0.4% | $2,178,864 |
| 2024 | $18,943 +97.8% | $2,178,864 +62.1% |
| 2023 | $9,577 +425.5% | $1,344,429 +646.9% |
| 2022 | $1,823 -27.5% | $180,000 -29.8% |
| 2021 | $2,514 +1.8% | $256,302 |
| 2020 | $2,468 +38.9% | $256,302 +69% |
| 2019 | $1,777 | $151,624 |
| 2018 | $1,777 +11.3% | $151,624 |
| 2017 | $1,597 +2.1% | $151,624 |
| 2016 | $1,565 +57.6% | $151,624 +61.4% |
| 2015 | $993 +5.4% | $93,963 |
| 2014 | $943 | $93,963 |
| 2013 | -- | $93,963 |
| 2012 | -- | $93,963 |
| 2011 | -- | $93,963 |
| 2010 | -- | $93,963 |
| 2009 | -- | $93,963 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 4/10Conn ElementaryGrades: PK-5Distance: 0.5 mi
- 7/10Ligon MiddleGrades: 6-8Distance: 1.2 mi
- 7/10William G Enloe HighGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Wake - Conn
- Middle: Wake - Ligon
- High: Wake - Enloe
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.





