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

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