12201 Lockhart Ln Raleigh, NC 27614
Falls Lake Neighborhood
4
Beds
4.5
Baths
5,085
Sq Ft
1.98
Acres
Highlights
- Finished Room Over Garage
- 1.98 Acre Lot
- Dining Room with Fireplace
- Brassfield Elementary School Rated A-
- Community Lake
- Partially Wooded Lot
About This Home
As of July 2025Tucked away in the coveted Swans Mill neighborhood of North Raleigh, this stately Southern estate is a masterpiece of timeless elegance and impeccable craftsmanship. Gracefully settled on a lush, 1.98-acre corner lot, the property offers serene privacy framed by mature trees and meticulously manicured landscaping.
Inside, more than 4,600 square feet of luxurious living space unfolds with four spacious bedrooms, four full and one half baths, and a stunning main-floor owner's retreat. The spa-inspired primary bathroom stuns with a freestanding soaking tub, custom-tiled walk-in shower, and heated floors that flow into a bespoke dressing room complete with a private makeup vanity and sink.
The homes freshly painted interior, with newly refinished hardwood floors, intricate crown molding, and soaring 9-foot ceilings create a warm yet sophisticated ambiance throughout the main level. The executive home office/library showcases the first of three fireplaces, offering a warm, refined workspace. A formal dining room—anchored by another fireplace—sets the stage for elegant holiday gatherings, while the vaulted-ceiling living room welcomes abundant natural light and a sense of airy openness.
Custom-carved moldings and built-ins throughout serve as a quiet homage to the exceptional craftsmanship of the home's builder—this was, after all, his personal family residence.
Upstairs, you'll find three additional bedrooms and a sprawling bonus room perfect for media, play, home gym, or an additional work-from-home office.
Outdoors, a covered rear porch opens to a private, storybook courtyard—an enchanting space for entertaining and relaxing.
A separate, charming carriage house offers endless potential as extra parking, storage, a future pool house, or even an accessory dwelling unit. The discerning eye will notice the imported, hand made brick throughout the grounds.
The 2 car oversized attached garage offers plenty of room from storage and a 220v EV charger.
Take comfort in knowing that a new roof was installed 2025, fresh interior paint, new carpet and refinished hardwoods have already been take care of.
Just minutes to Falls Lake, boutique shopping and dining destinations. This home is more than a residence—it's a sanctuary of Southern charm and refined living.
Last Agent to Sell the Property
Coldwell Banker Advantage License #288051 Listed on: 06/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,308
Year Built
- Built in 1992 | Remodeled
Lot Details
- 1.98 Acre Lot
- Front Yard Fenced and Back Yard
- Vinyl Fence
- Wood Fence
- Brick Fence
- Corner Lot
- Level Lot
- Partially Wooded Lot
- Many Trees
- Garden
- Property is zoned R80W
HOA Fees
- $150 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Finished Room Over Garage
- Side Facing Garage
- Garage Door Opener
- Circular Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Architectural Shingle Roof
Interior Spaces
- 2-Story Property
- Built-In Features
- Dry Bar
- Crown Molding
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Entrance Foyer
- Family Room with Fireplace
- Dining Room with Fireplace
- 3 Fireplaces
- L-Shaped Dining Room
- Library
- Bonus Room
- Workshop
- Basement
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Double Convection Oven
- Built-In Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Dressing Area
- Primary bathroom on main floor
- Double Vanity
- Separate Shower in Primary Bathroom
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on lower level
- Sink Near Laundry
Accessible Home Design
- Accessible Full Bathroom
- Accessible Bedroom
- Accessible Kitchen
- Accessible Hallway
- Accessible Closets
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
- Rain Gutters
Schools
- Brassfield Elementary School
- West Millbrook Middle School
- Millbrook High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Septic Tank
- Septic System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1810005798
Community Details
Overview
- Association fees include ground maintenance, storm water maintenance
- Swans Mill HOA, Phone Number (919) 848-4911
- Built by William Ted Lancaster
- Swans Mill Subdivision, William Poole Design Floorplan
- Community Lake
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 11, 2021
Sold by
Lancaster Karen N
Bought by
Lockhart Lane Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$376,500
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$863,786
Similar Homes in Raleigh, NC
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $700,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | Commercial | |
| Previous Owner | $412,900 | Commercial | |
| Previous Owner | $322,085 | New Conventional | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $310,000 | Unknown | |
| Previous Owner | $300,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $1,425,000 | +5.6% | $280 / Sq Ft |
| 06/29/2025 06/29/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | For Sale | $1,350,000 | -- | $265 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $6,308 | $1,012,485 | $200,000 | $812,485 |
| 2023 | $5,700 | $728,533 | $120,000 | $608,533 |
| 2022 | $5,281 | $728,533 | $120,000 | $608,533 |
| 2021 | $5,139 | $728,533 | $120,000 | $608,533 |
| 2020 | $5,054 | $728,533 | $120,000 | $608,533 |
| 2019 | $6,206 | $757,457 | $120,000 | $637,457 |
| 2018 | $5,704 | $757,457 | $120,000 | $637,457 |
| 2017 | $5,406 | $757,457 | $120,000 | $637,457 |
| 2016 | $5,296 | $757,457 | $120,000 | $637,457 |
| 2015 | $5,732 | $822,481 | $190,000 | $632,481 |
| 2014 | $5,432 | $822,481 | $190,000 | $632,481 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Jason Brooks
Coldwell Banker Advantage
(919) 219-8236
1 in this area
28 Total Sales
-
Buyer's Agent in 2025
Cyndi Miller
Choice Residential Real Estate
(919) 931-2019
1 in this area
31 Total Sales
Map
Source: Doorify MLS
MLS Number: 10106184
APN: 1810.03-00-5798-000
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