$950,000
PENDING $25K PRICE DROP

2117 Averette Rd Wake Forest, NC 27587

Estimated payment $5,598/month

Total Views 6,345
3 Beds
4.5 Baths
2,730 Sq Ft
$348 Price per Sq Ft

Highlights

  • 263 Feet of Waterfront
  • Waterfall on Lot
  • Creek or Stream View
  • Richland Creek Elementary School Rated A-
  • 2.83 Acre Lot
  • A-Frame Home

About This Home

3 Beds | 4.5 Baths | 2.83 Acres | 3296 sq ft Renovated A-Frame + Guest Cottage | 3-Car Garage w/ Loft | Private Retreat & Income Potential

Hidden sanctuary meets smart investment.

Welcome to 2117 Averette Rd, one of Wake Forest's best-kept secrets, a one-of-a-kind, fully renovated retreat set on nearly 3 acres of wooded paradise with a creek, providing small waterfalls, private greenway access, and limitless potential. From the moment you arrive, it feels like you've left the world behind yet you're just minutes from Falls Lake, the Reservoir, shopping, and top-rated schools. White Street and Wegmans are just minutes away.

MAIN HOME HIGHLIGHTS:
Beautifully updated A-frame with refinished hardwood floors
Dekton countertops, modern fixtures, and custom touches throughout
Two main-floor primary suites, each with its own en-suite bath
Spacious 2nd-story loft perfect for an office or creative space
Finished walk-out basement (permit completed) with full bath, kitchenette, and private entrance -great for in-laws or tenants
New roof, 2 new AC units + mini-split (all within past 2 years).
Wrap-around decks & screened pergola for tranquil outdoor living with running creek across property (see listing video)
City water/sewer connection available, presently on septic and well. Refrigerator, washer and dryer convey.

GUEST COTTAGE + GARAGE:

Fully renovated studio cottage with brand new washer/dryer
Kitchenette + private living area
Attached 3-car garage with:
Dedicated garage gym and workshop space
Large unfinished loft above - ideal for future studio, creative space, or guest quarters

Ideal for AirBNB, VRBO, guest house, or home office

Listing Agent

Monica Foley

Foley Properties & Estates Co. License #237045 Listed on: 07/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,536

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 2.83 Acre Lot
  • Home fronts a stream
  • 263 Feet of Waterfront
  • Wood Fence
  • Natural State Vegetation
  • Landscaped with Trees
  • Private Yard
  • Back Yard

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • A-Frame Home
  • Permanent Foundation
  • Slab Foundation
  • Shingle Roof
  • Cedar

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Home Office
  • Workshop
  • Creek or Stream Views
  • Scuttle Attic Hole

Kitchen

  • Built-In Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Waterfall on Lot
  • Gazebo
  • Rear Porch

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1851908235

Community Details

Overview

  • No Home Owners Association
  • Stream

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,536

Year Built

Built in 1980 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1980
  • Prop. Type: Residential
  • Road Frontage Type: Other, Waterfront
  • Road Frontage Type: City Street
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2174.0
  • Architectural Style: A-Frame
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • Levels One and One Half: Yes
  • In-Law Suite Details Main Foor: Yes
  • Room Types Workshop2: Yes
  • In-Law Suite Details Separate Entry: Yes
  • Interior Features ApartmentSuite: Yes
  • In-Law Suite Details Separate Building: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Water Frontage Length2: 263.0
  • Utilities Water Available: Yes
  • Architectural Style A-Frame: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • In-Law Suite Details With Kitchen: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 2174.0
  • General Property Information Below Grade Finished Area: 556.0
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Available: Yes
  • Common Walls No Common Walls: Yes
  • Fencing Wood2: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Foundation Details Permanent: Yes
  • Utilities Septic Connected: Yes
  • Utilities Cable Connected: Yes
  • General Property Information Lot Size Square Feet2: 123274.0
  • Vegetation Natural State: Yes
  • Room Types Basement3: Yes
  • Other Structures Gazebo: Yes
  • General Property Information Lot Size Acres: 2.83
  • Frontage Type Waterfront4: Yes
  • General Property Information Stories2: 1
  • General Property Information Waterfront YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Combination, Hardwood, Laminate
  • Interior Amenities: Apartment/Suite, Cathedral Ceiling(s), Ceiling Fan(s), In-Law Floorplan, Primary Downstairs, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Basement: Apartment, Crawl Space, Exterior Entry, Finished, Interior Entry
  • Appliances: Built-In Electric Range, Dishwasher, Electric Cooktop, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 556.0
  • Entry Location: Front door
  • Total Bedrooms: 9
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Basement Finished: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Basement:Apartment: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:WasherDryer: Yes
  • Appliances:Built-In Electric Range: Yes

Exterior Features

  • Water Body Name: Austin Creek
  • Roof: Shingle
  • Exterior Features: Private Yard
  • Fencing: Wood
  • Acres: 2.83
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Common Walls: No Common Walls
  • Construction Type: Cedar
  • Foundation Details: Permanent, Slab
  • Patio And Porch Features: Deck, Rear Porch
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Cedar: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Yard: Yes
  • View:CreekStream: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Stream: Yes
  • Lot Features:Waterfront: Yes
  • Lot Features:Waterfall: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Attached Garage YN: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Septic Connected, Sewer Available, Water Available, Water Connected
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well, See Remarks
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:Trail(s): Yes
  • Association Amenities:Water: Yes
  • General Property Information:Association YN: No
  • Association Amenities:Stream Year Round: Yes

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Lot Size Sq Ft: 123274.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1851908235

Tax Info

  • Tax Annual Amount: 5535.56
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Richland Creek

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,536 $588,705 $190,520 $398,185
2023 $2,675 $338,003 $88,260 $249,743
2022 $2,481 $338,003 $88,260 $249,743
2021 $2,415 $338,003 $88,260 $249,743
2020 $2,376 $338,003 $88,260 $249,743
2019 $2,360 $284,055 $80,260 $203,795
2018 $2,172 $284,055 $80,260 $203,795
2017 $2,060 $284,055 $80,260 $203,795
2016 $1,972 $284,055 $80,260 $203,795
2015 $2,025 $285,842 $107,580 $178,262
2014 $1,921 $285,842 $107,580 $178,262
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2025 08/31/25 Pending -- -- --
08/10/2025 08/10/25 Price Changed $950,000 -2.6% $348 / Sq Ft
07/28/2025 07/28/25 For Sale $975,000 +62.5% $357 / Sq Ft
12/15/2023 12/15/23 Off Market $600,000 -- --
04/12/2023 04/12/23 Sold $600,000 -14.9% $211 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
12/26/2022 12/26/22 Price Changed $705,000 -6.0% $248 / Sq Ft
11/17/2022 11/17/22 Price Changed $750,000 -5.7% $264 / Sq Ft
10/27/2022 10/27/22 For Sale $795,000 -- $279 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 None Listed On Document
Warranty Deed $600,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $223,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 Construction
Closed $480,000 New Conventional
Previous Owner $197,500 Unknown
Previous Owner $212,000 Unknown
Previous Owner $11,100 Credit Line Revolving
Previous Owner $211,850 No Value Available
Previous Owner $188,000 Unknown
Source: Public Records

About the Listing Agent

Monica Foley

Foley Properties & Estates Co.

(919) 822-9126

Section Image

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Source: Doorify MLS

MLS Number: 10112177

Doorify MLS

APN: 1851.04-90-8235-000