Pending
5236 Turf Grass Court
Raleigh NC, 27610
$250,000
$185.19 per sqft
Pending
3 Beds
3 Baths
1,350 sqft
Residential
Built in 1990
Listing courtesy of Insight Residential Realty LLC
Calling All Investors and Fix-and-Flip Enthusiasts - Prime Opportunity in Raleigh, NC!
Welcome to 5236 Turf Grass Court, a property with incredible potential located in the desirable Village Lakes subdivision. This 3-bedroom, 2.5-bath home offers 1,350 square feet of living space on a 0.15-acre lot, just waiting for the right investor to bring it back to life.
The opportunity here is undeniable. With comparable homes in the area selling for approximately $330,000, this property is priced to move at just $250,000. That's nearly $80,000 below market value, leaving plenty of room for updates and repairs to transform this home into a show-stopper.
The layout is promising, with an open family room, a spacious layout ready for reimagining, and generously sized bedrooms upstairs. The backyard offers a blank canvas for outdoor upgrades, perfect for creating an inviting space for future owners or tenants.
This property is ideal for cash buyers or those utilizing hard money loans, as traditional financing may not apply due to its current condition. Investors with vision will see the immense potential in restoring this home and reaping the rewards in one of Raleigh's sought-after neighborhoods.
This home is located in the highly sought-after Village Lakes subdivision, a well-established neighborhood that blends suburban charm with modern convenience. Known for its tranquil streets, mature trees, and welcoming community vibe, Village Lakes is a perfect setting for families, professionals, and investors alike.
The neighborhood offers residents access to fantastic amenities, including a community tennis court, a serene lake, and nearby walking trails that are perfect for outdoor enthusiasts. Village Lakes is also conveniently situated just minutes from major highways like I-540 and US-64, providing easy access to downtown Raleigh, Research Triangle Park, and surrounding areas.
In addition to its prime location, the area is surrounded by great shopping, dining, and entertainment options. Nearby attractions include the Triangle Town Center, local parks, and recreational facilities, as well as top-rated Wake County schools, making this community highly desirable for families.
Seize this chance to breathe new life into a home with solid bones and high resale potential. Don't miss this rare investment opportunity--schedule your private showing today and envision the possibilities!
10067287
MLSⓇ ID
December 13, 2024
Listed
December 17, 2024
Updated
Map
5236 Turf Grass Court
Raleigh NC, 27610
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Interior Features
Ceiling Fan(s)
Floor Description
Carpet, Hardwood, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Heat Pump
Heating
Yes
Heating Description
Heat Pump
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Open Lot
Architectual Style
Contemporary
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Wake County Schools
Elementary School
Wake - Rogers Lane
Other Property Details
Taxes
$2,231
Tax Frequency
Annually
Days on Market
4
Association Fee
$20
Association Fee Frequency
Monthly
Association Amenities
Road Maintenance, Unknown
Garage
No
View
Yes
County
Wake
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/17/2024 | Pending | — |
Listed by George Roa, , Insight Residential Realty LLC
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Data last updated 8:49 PM UTC, 12/17/2024