1420 Park Drive
Raleigh, NC 27605Located in one of Raleigh's most desirable Inside-the-Beltline locations, 1420 Park Drive offers a unique opportunity for renovation, investment, or potential redevelopment. The existing brick home, built in 1938, provides a starting point for those looking to reimagine a property in an established neighborhood convenient to Downtown Raleigh, the Village District, NC State, Glenwood South, and nearby parks, dining, shopping, and schools. Beyond the main living area, the property offers valuable additional space with an unfinished basement and unfinished storage areas, providing flexibility for renovation, storage, workshop space, or other potential uses. Whether restoring and updating the existing home or exploring a larger redevelopment vision, the property's location and surrounding neighborhood make this an opportunity worth considering. Property is being offered with renovation and redevelopment potential in mind. Buyers are encouraged to consult with the City of Raleigh Planning and Development Department and review the applicable Unified Development Ordinance (UDO), zoning, historic district requirements, setbacks, and other regulations to independently determine what renovations, additions, redevelopment, or other uses may be permitted. Due to estate settlement purposes closing will likely need to occur in early to mid December.
- Exterior Features
- Interior Features
- Property Features
- Attached Garage Y/N Yes
- Construction Materials Brick
- Garage Y/N Yes
- Lot Size Acres 0.19
- Structure Type Site Built
- Above Grade Finished Area 1,355
- Basement Unfinished
- Cooling Heat Pump
- Cooling Y/N Yes
- Flooring Hardwood, Tile, Vinyl
- Heating Heat Pump
- Heating Y/N Yes
- Rooms Total 6
- Tax Annual Amount 6363.34
- Water Source Public
- Year Built 1938
Additional Property Information
- TypeSingle Family Residence
- Built1938
- NeighborhoodForest Park
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Wiley Elementary
- Middle SchoolWake - Oberlin Middle
- High SchoolWake - Needham Broughton High
Listing courtesy of Dallas Pearce Realty. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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