YOUR PRIVATE RETREAT IN WAKE FOREST! Imagine coming home to nearly two acres of privacy, space, and natural beauty while still enjoying the convenience of Wake Forest living. This distinctive property offers a rare opportunity to enjoy a peaceful, wooded setting with room to spread out, entertain, and make the most of outdoor living. Inside, discover approximately 2,413 square feet of versatile living space featuring four bedrooms and four bathrooms, with flexible spaces to accommodate today's changing lifestyles. Enjoy the outdoor setting, screened porch, and the privacy that comes with an expansive homesite. Additional highlights include a walkout basement, a third-floor suite, and unique spaces that offer endless possibilities for guests, work, hobbies, or additional living needs. If you've been searching for something beyond the typical neighborhood home, this property deserves a closer look. Space, privacy, versatility, and convenience come together in a setting that is increasingly hard to find. ADDED BUYER INCENTIVES! Seller is offering a one-year mortgage rate buydown through the preferred lender, along with a one-year home warranty, providing additional value and an opportunity to make this exceptional property your own. Ask for details! Dina - 704-258-7837 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.
For sale
Price cut: $25.1K (10/9)
$599,900
7217 Rabbit Run, Wake Forest, NC 27587
4beds
2,412sqft
Single Family Residence
Built in 1986
1.95 Acres Lot
$589,400 Zestimate®
$249/sqft
$-- HOA
What's special
Third-floor suiteScreened porchPeaceful wooded settingWalkout basementExpansive homesite
- 140 days
- 726
- 91
Zillow last checked:
Listing updated:
Listed by:
Dina M Sosa 704-258-7837,
Berkshire Hathaway HomeService
Source: Doorify MLS,MLS#: 10176132
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Heating
- Central, Fireplace(s), Heat Pump, Other, Wood Stove
Cooling
- Central Air, Ceiling Fan(s), Other
Appliances
- Included: 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
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
- Flooring: Carpet, Hardwood, Tile, Wood
- Doors: French Doors
- Windows: Bay Window(s), Window Treatments
- Basement: Concrete,Daylight,Exterior Entry,Interior Entry,Sump Pump,Storage Space,Walk-Out Access,Workshop
- Number of fireplaces: 2
- Fireplace features: Basement, Living Room, Wood Burning Stove
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,412
- Total interior livable area: 2,412 sqft
- Finished area above ground: 2,412
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Paved, Parking Pad
- Has uncovered spaces: Yes
- Details: A lot of driveway parking space is available.
Features
- Levels: Three Or More,Two
- Stories: 3
- Patio & porch: Covered, Deck, Enclosed, Porch, Screened
- Exterior features: Fire Pit, Lighting, Private Yard, Rain Gutters, Fenced Yard
- Fencing: Back Yard,Fenced,Gate,Privacy,Wood
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.95 Acres
- Features: Back Yard, Gentle Sloping, Landscaped, Native Plants, Private, Sloped, Hardwood Trees
Details
- Parcel number: 183103206817000 0143022
- Zoning: R-40W
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Traditional,Transitional
- Property subtype: Single Family Residence
Materials
- Brick, Cement Siding
- Foundation: Block
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Water Connected, Septic Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Horseshoe Bend
HOA
- Has HOA: No
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $452,752
- Annual tax amount: $2,915
- Date on market: 6/24/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Estimated market value
$589,400
$560,000 - $619,000
$2,952/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Price change | $599,900-4%$249/sqft |
Source:  Doorify MLS #10176132 Report a problem | ||
| 9/12/2026 | Price change | $625,000-3.7%$259/sqft |
Source: Doorify MLS #10176132 Report a problem | ||
| 7/22/2026 | Price change | $649,000-3.1%$269/sqft |
Source: Doorify MLS #10176132 Report a problem | ||
| 6/24/2026 | Listed for sale | $669,900+26.2%$278/sqft |
Source: Doorify MLS #10176132 Report a problem | ||
| 3/17/2025 | Sold | $531,000-1.6%$220/sqft |
Source: Doorify MLS #10073030 Report a problem | ||
| 1/27/2025 | Pending sale | $539,900$224/sqft |
Source: Doorify MLS #10073030 Report a problem | ||
| 1/27/2025 | Listing removed | $539,900$224/sqft |
Source: Doorify MLS #10061216 Report a problem | ||
| 11/15/2024 | Listed for sale | $539,900$224/sqft |
Source: Doorify MLS #10061216 Report a problem | ||
| 11/4/2024 | Pending sale | $539,900$224/sqft |
Source: Doorify MLS #10061216 Report a problem | ||
| 11/1/2024 | Listed for sale | $539,900$224/sqft |
Source: Doorify MLS #10061216 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,867 +3% | $452,752 +1.7% |
| 2024 | $2,784 +32.8% | $445,099 +67.1% |
| 2023 | $2,097 +7.9% | $266,402 |
| 2022 | $1,944 +2.7% | $266,402 |
| 2021 | $1,892 +1.7% | $266,402 |
| 2020 | $1,861 -12.4% | $266,402 +3.4% |
| 2019 | $2,123 | $257,521 |
| 2018 | $2,123 +14.7% | $257,521 |
| 2017 | $1,851 +2.1% | $257,521 |
| 2016 | $1,814 -1.1% | $257,521 -1.4% |
| 2015 | $1,833 +5.5% | $261,077 |
| 2014 | $1,738 | $261,077 |
| 2013 | -- | $261,077 |
| 2012 | -- | $261,077 |
| 2011 | -- | $261,077 |
| 2010 | -- | $261,077 |
| 2009 | -- | $261,077 |
| 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: 27587
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Richland Creek Elementary School
- Middle: Wake - Wake Forest Middle School
- High: Wake - Wake Forest High School
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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