Rare opportunity to own a historic log cabin-style home in the heart of Raleigh, conveniently located near NC State University and Downtown Raleigh. Situated on a wooded lot, the property offers ample off-street parking and a private backyard featuring a patio and fire pit. The 3 bedroom, 2 bath home was lightly renovated in 2009, including refinished hardwood floors, an updated downstairs full bathroom, and an expanded living area. The property offers multiple possibilities for an owner-occupant or investor, including continued residential use, potential student housing, or redevelopment with new construction. A unique opportunity to own a character filled property in a highly desirable Raleigh location with convenient access to NC State, Downtown, shopping, dining, and major roadways.
For sale
$425,000
718 Powell Dr, Raleigh, NC 27606
3beds
2,099sqft
Cabin
Built in 1928
0.31 Acres Lot
$405,100 Zestimate®
$202/sqft
$-- HOA
What's special
Historic log cabin-style homeRefinished hardwood floorsWooded lotAmple off-street parking
- 18 hours
- 357
- 24
Zillow last checked:
Listing updated:
Listed by:
Andrew Suriano 919-608-3542,
ASA Properties NC, LLC
Source: Doorify MLS,MLS#: 10194306
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: First
Heating
- Forced Air
Cooling
- Central Air, Window Unit(s)
Features
- Flooring: Hardwood
Interior area
- Total structure area: 2,099
- Total interior livable area: 2,099 sqft
- Finished area above ground: 2,099
- Finished area below ground: 0
Property
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 0.31 Acres
Details
- Parcel number: 078307590378000 0002449
- Zoning: R-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Log Home
- Property subtype: Cabin
Materials
- Log Siding, Stone
- Foundation: Crawlspace
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: 100 Edenburgh Condos
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $389,709
- Annual tax amount: $3,562
- Date on market: 9/23/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
$405,100
$385,000 - $425,000
$2,350/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $425,000+63.5%$202/sqft |
Source:  Doorify MLS #10194306 Report a problem | ||
| 5/22/2020 | Sold | $260,000-6.8%$124/sqft |
Source: Doorify MLS #2269185 Report a problem | ||
| 4/15/2020 | Pending sale | $279,000$133/sqft |
Source: VG Murray & Company Inc. #2269185 Report a problem | ||
| 4/8/2020 | Price change | $279,000-7%$133/sqft |
Source: VG Murray & Company Inc. #2269185 Report a problem | ||
| 3/2/2020 | Listed for sale | $299,900$143/sqft |
Source: VG Murray & Company Inc. #2269185 Report a problem | ||
| 2/18/2020 | Pending sale | $299,900$143/sqft |
Source: VG Murray & Company Inc. #2269185 Report a problem | ||
| 1/18/2020 | Price change | $299,900-4.8%$143/sqft |
Source: VG Murray & Company Inc. #2269185 Report a problem | ||
| 11/25/2019 | Price change | $315,000-3.1%$150/sqft |
Source: VG Murray & Company Inc. #2269185 Report a problem | ||
| 9/23/2019 | Price change | $325,000-6.9%$155/sqft |
Source: VG Murray & Company Inc. #2269185 Report a problem | ||
| 8/6/2019 | Price change | $349,000-6.9%$166/sqft |
Source: VG Murray & Company Inc. #2269185 Report a problem | ||
| 7/25/2019 | Listed for sale | $374,900+158.6%$179/sqft |
Source: VG Murray & Company Inc. #2269185 Report a problem | ||
| 11/26/2008 | Sold | $145,000-14.7%$69/sqft |
Source: Public Record Report a problem | ||
| 9/28/2008 | Price change | $169,900-5.6%$81/sqft |
Source: Homes & Land #1617404 Report a problem | ||
| 8/24/2008 | Price change | $179,900+5.9%$86/sqft |
Source: Homes & Land #1617404 Report a problem | ||
| 8/9/2008 | Price change | $169,900-5.6%$81/sqft |
Source: Homes & Land #1617404 Report a problem | ||
| 7/19/2008 | Price change | $179,900-5.3%$86/sqft |
Source: Homes & Land #1617404 Report a problem | ||
| 5/24/2008 | Listed for sale | $189,900$90/sqft |
Source: Homes & Land #1617404 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,419 +0.4% | $389,709 |
| 2024 | $3,405 +17.8% | $389,709 +48% |
| 2023 | $2,891 +7.6% | $263,402 |
| 2022 | $2,687 +4% | $263,402 |
| 2021 | $2,583 +1.8% | $263,402 |
| 2020 | $2,536 +37% | $263,402 +66.7% |
| 2019 | $1,851 | $158,011 |
| 2018 | $1,851 +11.3% | $158,011 |
| 2017 | $1,664 +2.1% | $158,011 |
| 2016 | $1,630 +8.1% | $158,011 +10% |
| 2015 | $1,507 +5.4% | $143,628 |
| 2014 | $1,430 | $143,628 |
| 2013 | -- | $143,628 |
| 2012 | -- | $143,628 |
| 2011 | -- | $143,628 |
| 2010 | -- | $143,628 |
| 2009 | -- | $143,628 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West Raleigh
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Adams Elementary
- Middle: Wake - Lufkin Road Middle
- High: Wake - Athens Drive High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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