$500,000
$75K PRICE DROP

121 Winchester Dr Wendell, NC 27591

Wendell Area

Estimated payment $2,954/month

Total Views 9,975
4 Beds
3.5 Baths
2,403 Sq Ft
$208 Price per Sq Ft

Highlights

  • Hot Property
  • Basketball Court
  • Deck
  • Stables
  • RV Access or Parking
  • Traditional Architecture

About This Home

Rare financing opportunity with a potential assumable 2.25% mortgage available for qualified buyers. Contact the listing agent for details. If you've been waiting for the right opportunity, this is it! Freshly painted white with black shutters, this home has undergone a stunning exterior transformation that enhances its curb appeal and modern farmhouse charm. A rare opportunity to own a truly unique property offering 1.48 acres, no HOA, no city taxes, and the flexibility of two separate living spaces under one roof, all while being conveniently located between Raleigh, Wake Forest, Knightdale, and Zebulon. One of the home's most valuable features is the private suite complete with a kitchenette, full bathroom, private entrance, and dedicated parking. While ideal for multigenerational living, extended family, guests, or potential rental income, the possibilities go far beyond that. Use it as a homeschool classroom, home office, fitness studio, creative workspace, media room, or private retreat. For entrepreneurs and business owners, this space offers a unique opportunity to work from home without sacrificing privacy. With no HOA restrictions and ample parking, the separate entrance creates flexibility for a home-based business, client meetings, or a dedicated workspace without the expense of leasing a separate office. Unlike many homes in the area, this property combines privacy, usable outdoor space, and versatility in a way that's becoming increasingly difficult to find. The expansive 1.48-acre lot provides room to entertain, garden, work on projects, park multiple vehicles, store equipment, enjoy outdoor hobbies, or simply embrace the freedom that comes with owning land without HOA restrictions. Inside, the home has been thoughtfully updated and reimagined to support modern living with flexible spaces, multiple living areas, and a layout designed to adapt as your needs evolve. Whether you're looking for space for family, a dedicated homeschool setup, a private office, room for a home-based business, supplemental income potential, or simply more freedom than a traditional neighborhood can offer, this property delivers possibilities that are hard to find in today's market. Properties offering this combination of land, privacy, no HOA, no city taxes, flexible living space, and convenient access to Raleigh, Wake Forest, Knightdale, and Zebulon rarely come to market, especially at this price point.

Listing Agent

Yandry Mastromihalis

eXp Realty, LLC - C License #323051 Listed on: 07/14/2026

eXp Realty, LLC - C

Co-Listing Agent

Jovanny Mastromihalis

eXp Realty, LLC - C License #357946

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1978

Lot Details

  • 1.48 Acre Lot
  • Fenced Yard
  • Property is zoned R-40

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • 2 Open Parking Spaces
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Cedar

Interior Spaces

  • 2,403 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screened Porch
  • Crawl Space
  • Scuttle Attic Hole
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • In-Law or Guest Suite
  • Double Vanity

Outdoor Features

  • Basketball Court
  • Deck
  • Outdoor Storage

Schools

  • Forestville Road Elementary School
  • Neuse River Middle School
  • Knightdale High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Purifier is Owned
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Winchester Subdivision

Listing and Financial Details

  • Assessor Parcel Number 177601251045000 0104580

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,758

Year Built

Built in 1978

Lot Details

1.48 Acres

Parking

2

Listing Details

  • Year Built: 1978
  • Prop. Type: Residential
  • Horses: Yes
  • Road Surface Type: Concrete
  • Co List Office Phone: 888-584-9431
  • Subdivision Name: Winchester
  • Above Grade Finished Sq Ft: 2403.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Primary Bedroom Level: Second
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTcwNjM4IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA3LTMxVDAxOjI0OjI4LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.ZVOdzLzP1AJ1vajZZp5ZOdTBkM5WMvzRN8GEnQhCRhc/badge
  • In-Law Suite Details:In-Law Suite Details: Main Floor, With Kitchen, Separate Entry
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, Pantry
  • Private Spa: No
  • Appliances: Bar Fridge, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Purifier, Water Purifier Owned, Water Softener Owned
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Main Level Bedrooms: 1
  • Stories: 2
  • Attic Features:Attic Features: Scuttle
  • Interior Features:Interior Features: Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, Pantry

Exterior Features

  • Roof: Shingle
  • Exterior Features: Basketball Court, Private Yard, Storage, Fenced Yard
  • Fencing: Fenced, Full
  • Acres: 1.48
  • Home Warranty: No
  • Construction Type: Cedar
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened
  • General Property Information: Private Pool YN: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 6.0

Utilities

  • Utilities: Cable Available
  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Wake - Knightdale High
  • Middle Or Junior School: Wake - Neuse River Middle

Lot Info

  • Zoning: R-40
  • Horse Amenities: Stable(s)
  • Lot Size Sq Ft: 64469.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 177601251045000 0104580

Tax Info

  • Tax Annual Amount: 2758.34
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Forestville Road Elementary

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,758 $428,134 $85,000 $343,134
2024 $2,679 $428,134 $85,000 $343,134
2023 $2,055 $260,943 $50,000 $210,943
2022 $1,905 $260,943 $50,000 $210,943
2021 $1,537 $260,943 $50,000 $210,943
2020 $1,512 $260,943 $50,000 $210,943
2019 $1,649 $199,447 $48,000 $151,447
2018 $1,517 $199,447 $48,000 $151,447
2017 $1,438 $199,447 $48,000 $151,447
2016 $1,409 $199,447 $48,000 $151,447
2015 $1,286 $182,360 $44,000 $138,360
2014 $488 $182,360 $44,000 $138,360
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2026 07/29/26 Price Changed $500,000 -1.9% $208 / Sq Ft
07/24/2026 07/24/26 Price Changed $509,900 -3.8% $212 / Sq Ft
07/20/2026 07/20/26 Price Changed $530,000 -3.6% $221 / Sq Ft
07/14/2026 07/14/26 Price Changed $550,000 0.0% $229 / Sq Ft
07/14/2026 07/14/26 For Sale $550,000 -2.7% $229 / Sq Ft
07/03/2026 07/03/26 Pending -- -- --
06/12/2026 06/12/26 Price Changed $565,000 -1.7% $235 / Sq Ft
05/29/2026 05/29/26 For Sale $575,000 +64.3% $239 / Sq Ft
12/15/2023 12/15/23 Off Market $350,000 -- --
06/17/2021 06/17/21 Sold $350,000 -2.8% $130 / Sq Ft View Prior Sale
05/07/2021 05/07/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $359,900 -- $134 / Sq Ft
Source: Doorify MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $350,000 Chicago Title Insurance Co
Quit Claim Deed -- None Listed On Document
Warranty Deed $185,000 None Available
Warranty Deed $169,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $343,660 FHA
Previous Owner $255,000 VA
Previous Owner $135,200 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Yandry Mastromihalis

eXp Realty, LLC - C

(984) 334-2287

Section Image

Hi, I’m Yandry Mastromihalis, Founder and Real Estate Advisor at Mastro Homes and top realtor in Wake Forest - Rolesville area. I help buyers, sellers, and relocating families navigate the Triangle with confidence, clarity, and strong negotiation on their side.

With a background in housing counseling and years of hands on experience, I’m known for finding solutions others miss and protecting my clients’ time and money. Whether you’re moving to North Carolina, selling your home, or

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Source: Doorify MLS

MLS Number: 10170638

Doorify MLS

APN: 1776.01-25-1045-000

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