4501 Rockwood Dr, Raleigh, NC 27612

$390,000

Reduced By $60,000, last change 5/29/2025

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Home Description

Discover an exceptional opportunity in North Raleigh's coveted 27612 zip code. This spacious single-family home sits on a large lot with both a generous front yard and a wide, usable backyard - offering the rare combination of space, location, and freedom with NO HOA. The home features 3 bedrooms and 1.5 bathrooms (a shower was added to the half bath but was not permitted). A wide-open kitchen and dining space—perfect for entertaining and home chefs—includes two built-in ranges, a large eat-in island and an extended mounted wood bar. Whether you're a first-time buyer, investor, or seasoned renovator, this home's layout and footprint are full of promise. Enjoy the tranquility of a well-established residential area with quick access to both urban conveniences and natural beauty. This home boasts an unbeatable location near Umstead State Park, PNC Arena, Crabtree Valley Mall, the airport, local shops, restaurants, and provides easy access to I-440. Please note: This home is being sold AS-IS with known, unpermitted work. Seller is highly motivated and is providing a warranty from First American Home Warranty. Occupying seller has explained the work they had completed on their disclosure. All buyers should conduct thorough due diligence. Unpermitted modifications include: Load-Bearing Wall Modified - An interior structural wall was altered without permits or engineering oversight. Buyers are encouraged to consult a licensed contractor or structural engineer to assess and remediate. Substantial Electrical and Plumbing Changes - Significant modifications were made without city or county permits. Backyard Grading and Dirt Movement - The backyard was regraded by the seller to create a more functional and level space. This work was completed without grading or erosion permits. Location is does have some noise from the airport (approx. 10 miles away) and the nearby rock quarry (approx. 1 mile away). These changes add flexibility to the space, but they will require proper evaluation, potential remediation, and permitting to meet current code standards. The price reflects these factors and the home's overall potential and the seller is providing that home warranty from First American Home Warranty. With some work and vision, this property could become a custom dream home.