Investor Opportunity in Prime North Raleigh Location!!! Unlock the potential in this condo tucked inside a highly desirable North Raleigh community. Solid bones and a functional layout, this property is ready for a full cosmetic renovation and priced accordingly for buyers ready to create value. This unit offers generous living spaces, two bedrooms, and three baths. This unit is an ideal canvas for modern upgrades, new flooring, kitchen redesigns, and refreshed bathrooms. The backyard area provides usable outdoor space, and the exterior storage room adds practicality for resident or tenant needs. Situated in a sought-after corridor near shopping, dining, parks, and major road connections, this location continues to attract strong rental demand and is a smart addition to any portfolio. Community amenities include pool access, tennis courts, clubhouse, and playgrounds. Whether you're planning a flip or a long-term hold, this unit delivers the upside investors look for: location, layout, and room to build meaningful equity. Sold as-is. Bring your vision and bring us your offers.
Sold for $215,000
$215,000
7803 Falcon Rest Cir, Raleigh, NC 27615
2beds
1,238sqft
Condominium, Residential, Townhouse
Built in 1985
-- sqft lot
$229,900 Zestimate®
$174/sqft
$1,616 Estimated rent
Home value
$229,900
$218,000 - $241,000
$1,616/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 03:47pm
Listed by:
Colleen Blondell 919-601-7839,
eXp Realty, LLC - C,
Stephanie Carrillo 919-232-7075,
eXp Realty, LLC - C
Bought with:
Mary Kromenhoek, 221703
Coldwell Banker HPW
Jay Kromenhoek, 248877
Coldwell Banker HPW
Source: Doorify MLS,MLS#: 10132071
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Heat Pump
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: Laundry Closet, Main Level
Features
- Breakfast Bar, Living/Dining Room Combination
- Flooring: Carpet, Laminate
- Doors: Sliding Doors, Storm Door(s)
- Common walls with other units/homes: 2+ Common Walls, No One Above, No One Below
Interior area
- Total structure area: 1,238
- Total interior livable area: 1,238 sqft
- Finished area above ground: 1,238
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Open
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Pool features: Association
- Has view: Yes
Details
- Parcel number: 0797.07592794.116
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Condominium, Residential, Townhouse
- Attached to another structure: Yes
Materials
- Concrete, Vinyl Siding, Unknown
- Foundation: Concrete, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Cottages of Stonehenge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $245 monthly
- Amenities included: Fitness Center, Pool, Tennis Court(s)
- Services included: Maintenance Grounds
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Sold | $215,000-8.5%$174/sqft |
Source:  Doorify MLS #10132071 Report a problem | ||
| 11/24/2025 | Pending sale | $235,000$190/sqft |
Source: Doorify MLS #10132071 Report a problem | ||
| 11/8/2025 | Listed for sale | $235,000+111.7%$190/sqft |
Source: Doorify MLS #10132071 Report a problem | ||
| 10/3/2005 | Sold | $111,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,307 +0.4% | $262,268 |
| 2024 | $2,298 +32.4% | $262,268 +66.7% |
| 2023 | $1,735 +7.6% | $157,332 |
Find assessor info on the county website
Neighborhood: North Raleigh
Nearby schools
GreatSchools rating
- 9/10Barton Pond ElementaryGrades: PK-5Distance: 1.5 mi
- 5/10Carroll MiddleGrades: 6-8Distance: 3.9 mi
- 6/10Sanderson HighGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Wake - Barton Pond
- Middle: Wake - Carroll
- High: Wake - Sanderson
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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Estimated market value
$229,900