* OFFERED BELOW MARKET VALUE FOR INSTANT EQUITY! Motivated sellers offering tremendous amount of equity in this impeccably maintained property in exchange for a quick, clean sale! * Save up to $878/mo with LENDER PAID RATE BUYDOWN - ask agent for info! * Spacious, sunny, & sturdy MCM home! Tucked away on a private lakefront lot in the heart of Haymount, 501 Valley Rd offers a rare combination of privacy, space, & convenience. Designed by renowned NC architect Dan MacMillan & featured on the NC Modernist website [https://www. ncmodernist.org/macmillan. htm], the home's remarkably preserved mid-century modern character is a hallmark trait. Set back from the street behind thoughtful landscaping & a subtle privacy wall, this hidden oasis enjoys protected water views that will never be obstructed & abundant natural light throughout. Despite its secluded setting, the home is within walking distance of some of Haymount's most beloved destinations, inc. the Cape Fear Regional Theatre, Haymount Truck Stop, Curate Essentials, Leclair's General Store, Miller's Brew, the Museum of the Cape Fear, & the future NC Civil War History Museum, as well as Forest Lake's own Highland Country Club. Downtown Fayetteville's restaurants, shops, museums, & baseball stadium are just 5 minutes away, while Cape Fear Valley Hospital is less than 10 minutes from your door & Fort Bragg's All American Gate is approximately 15 minutes away. Inside, the home showcases generous proportions and striking architectural details—soaring ceilings, floor-to-ceiling windows & doors, and extensive built-ins offer openness & sophistication. Plantation shutters add timeless style, while MCM touches—including a statement Sputnik chandelier in the dining room—enhance the home's distinctive character. Designed for both everyday living & entertaining, the large eat-in kitchen features granite countertops, abundant cabinetry, double ovens, & a premium gas range with wok burner & ring, all complemented by a powerful yet remarkably quiet vent hood. An expansive custom wet bar & huge walk-in pantry add another layer of functionality for hosting. Storage is exceptional throughout, with copious closet space & an oversized two-car garage offering additional room for organization & hobbies. Enjoy the gorgeous view of Branson Lake from the huge deck, which you can access from both the living room or the primary bedroom (which also boasts lake views). The spacious primary suite serves as a private retreat, complete with 2 closets, dressing room with built-ins, & beautifully renovated bathroom featuring double sinks & showerheads. Two secondary bedrooms share a Jack-and-Jill bathroom with a jetted tub & separate shower, ensuring each of the three main floor bedrooms has en-suite bathroom access. The lower-level in-law suite provides outstanding flexibility with its own bedroom, full bath, & generous living area—ideal for guests, multigenerational living, or a private workspace. Outdoor living is equally inviting, with a massive front deck overlooking the lake & a secluded, fenced backyard & rear patio perfect for relaxing or entertaining. The grounds offer both established beauty & future potential, featuring mature plantings and fruit trees. A gardener's blank canvas, the expansive front yard offers plenty of sun, space to play & plant, & an uninterrupted view of the lake - while the waterfront parcel across the street has been cultivated as a native pollinator garden, creating a vibrant habitat for butterflies, bees, & other beneficial wildlife. In addition to the historical value of the home, modern upgrades that simplify homeowner maintenance abound: new roof with architectural shingles 2025, HVAC 2022, gas stove & fireplace logs 2025, reverse osmosis water filtration 2023, LVP in lower level 2022. Offering a unique blend of architectural character, generous living space, natural beauty, & one of Haymount's most desirable locations, 501 Valley Road is a truly exceptional place to call home.
Single-familyProperty Type
1970Year Built
1.01 acresLot Size
$153Price/Sq.Ft.
2 garage spacesParking
Listed by Bonnie Gambardella• The Douglas Realty Group
Terry Sanford, located between Hay Street and Raeford Road, is a residential and civic Fayetteville neighborhood with leafy streets and campus energy. The neighborhood’s character concentrates around the intersection of Raeford Road and Skibo Road, where a fast-moving corridor of local eateries, service storefronts, and late-day traffic sets the tempo. Mid-century ranch homes and brick colonials sit alongside newer infill, with pockets of mature trees buffering busier arterials. Fayetteville State University adds a steady rhythm of events and walkable campus greens. The Arts Council of Fayetteville/Cumberland County and the Cape Fear Regional Theatre keep the cultural calendar active. Linear green space and ballfields at Clark Park give the area a grounded, outdoorsy counterpoint.
Provided by Walk Score and Local Logic
Offer insights
501 Valley Rd · $600,000
$594K and above
75% chance or better to win
Why $594K+ is a strong offer
DAYS ON MARKET
124 days
The average home goes pending in 44 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Bathtub/shower combination
Built-in bookcases and other built-in features
Cathedral and vaulted ceilings with high ceilings
Ceiling fans and recessed lighting
Chandelier
Crown molding
Double vanity
Dual closets
Entrance foyer
Open floorplan with in-law floorplan
Pantry
Primary bedroom located downstairs
Granite and stone counters
Wet bar
Gas fireplace in the living room (one total)
Bedrooms
4 bedrooms total
3 bedrooms on the main level
Bathrooms
3 full bathrooms
1 half bathroom
Kitchen
Built-in gas range
Gas cooktop
Cooktop
Double oven / Wall oven / Oven
Range and range hood
Microwave
Dishwasher
Refrigerator / Free-standing refrigerator
Water purifier
Water softener
Laundry & utility
Laundry room on the main level
Washer and dryer included
Washer/dryer connections inside
Flooring
Hardwood and wood flooring
Parquet
Tile
Heating & cooling
Heat pump (heating listed as none/heat pump)
Central air conditioning
Ceiling fans
Exterior features
Lakefront / waterfront on Forest Lake
Fenced private backyard with garden
Deck, patio, front, side porch, porch and terrace
Rain gutters
Home design
Site-built house
Brick and frame construction
One and two story levels (entry level 1)
Faces south
Parking
Attached garage (concrete) with 2 garage spaces
Additional open parking with 4 spaces
Garage(s) listed as other structures
Construction
Shingle roof
Combination foundation and slab
Utilities
Public water
Public sewer
Electricity connected
Natural gas connected
Sewer connected
Water connected
HOA & community
No association
Community features include lake and suburban setting
Other
Lot approximately 1.01 acres
Zoning: SF15
GPS-friendly directions; public maintained road
County: Cumberland
Electricity and solar
View estimated energy costs and solar savings for this home
One of a kind home Architecturally designed by McMillan Architectural, custom built by well known contractor Bill Gardner. Prestigious neighborhood. Listing price includes a 72x168 piece of land across the street from home, giving it a beautiful lakeview separate PIN # 0427-72-9742. Stepdown living room, marble fireplace and custom built in bookshelves. Original solid hardwood floors, high ceilings, 3 bedrooms and 2.5 baths on main level, huge playroom, one bedroom and full bath on lower level. Sunny living room has custom French doors leading out to large newly constructed deck and overlooking the lake. Master bedroom has updated, on suite bath, walk in closet, and door leading out to deck. Freshly painted interior. Extensive work has been done on the foundation of home, engineer report and scope of work has been copied into MLS document file. The mature landscaping is also a plus for this home. Home is listed on the NC Modernist architecture website (www. ncmodernist.org/macmillian)
TMLS #1146212
May 3, 2022
Sold
$600,000
$153/sq ft
Dec 23, 2021
Listed
$595,000
$152/sq ft
+45
One of a kind home Architecturally designed by McMillan Architectural, custom built by well known contractor Bill Gardner. Prestigious neighborhood. Listing price includes a 72x168 piece of land across the street from home, giving it a beautiful lakeview separate PIN # 0427-72-9742. Stepdown living room, marble fireplace and custom built in bookshelves. Original solid hardwood floors, high ceilings, 3 bedrooms and 2.5 baths on main level, huge playroom, one bedroom and full bath on lower level. Sunny living room has custom French doors leading out to large newly constructed deck and overlooking the lake. Master bedroom has updated, on suite bath, walk in closet, and door leading out to deck. Freshly painted interior. Extensive work has been done on the foundation of home, engineer report and scope of work has been copied into MLS document file. The mature landscaping is also a plus for this home. Home is listed on the NC Modernist architecture website (www.ncmodernist.org/macmillian)
LPRMLS #547549
Aug 13, 2018
Listed
$639,900
$163/sq ft
Public Records
Dec 29, 2006
Sold
$860,000
$220/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,756 (−6.1%)
$295,400 + $472,510
$767,910
2024
$7,198 (+3.7%)
$280,000 + $351,780
$631,780
2023
$6,944 (+4.1%)
$280,000 + $351,780
$631,780
2022
$6,673
$280,000 + $351,780
$631,780
2021
$6,673
$280,000 + $351,780
$631,780
2020
$6,673 (+0.5%)
$280,000 + $351,780
$631,780
2019
$6,638
$280,000 + $206,700
$486,700
2018
$6,638 (+1.6%)
$280,000 + $206,700
$486,700
2017
$6,535 (−17.6%)
$280,000 + $206,700
$486,700
2016
$7,928 (+1.1%)
$280,000 + $206,700
$486,700
2015
$7,843
$280,000 + $348,600
$628,600
2014
$7,836
$280,000 + $348,600
$628,600
Public record
Public record
Zoning
Beds
3
Baths
5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.76 Acres
Year renovated
—
Finished Sq. Ft.
3,844
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,844
Year built
1970
Style
Single Family Residential
County
Cumberland County
APN
0427728846000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
SF-15
Single-Family Residential 15 District
The Single-Family Residential 15 (SF-15) District is established to accommodate principally single-family detached residential development at low densities subject to the design standards in Article 30-5: Development Standards. It also accommodates two- to four-family dwellings designed to appear as single-family detached homes, and zero lot line development subject to the requirements of this Ordinance. District regulations are intended to discourage any use that substantially interferes with the development of single-family detached dwellings and that is detrimental to the quiet residential nature of the district. Also allowed are complementary uses usually found in residential zoning districts such as parks, open space, schools, and places of worship.
Permitted uses
Include but are not limited to:
Garden center
Housing-Group
Housing-Single unit
Infrastructure
Recreation
Golf related
Communications tower
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 106° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Fayetteville, NC • 28305
Average low and high temperatures (°F)
51
31
58
38
72
48
79
56
81
62
91
71
93
74
84
70
83
65
74
54
68
47
56
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
23/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
3.2 hrs
0.9 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 501 Valley Rd
$569,067
$31K under list price of $600K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $405K to $620K.