OFF MARKET

Off market jun 2020 for $749K

$1,350,571

Est. refi paymentEst. refi $676/mo

•

4,599

sq ft

7720 Penny Rd, Raleigh, NC 27606

About this home

CUSTOM BUILT HOME!!! PRIME LOCATION!!! Minutes from downtown Raleigh and Cary. 1.37 Acres. NO HOA & No City Taxes! Details and upgrades. Quartz countertops throughout. 10' ceilings on first floor. 9' Ceilings second floor. 5 bedrooms. 5 bathrooms. Rec Room. Large Guest Suite on first floors with full bath. Study with closet on first floor and adjacent to full bathroom. HUGE master suite with separate HVAC zone and 28x12 walk-in closet with Island!! Large screened in porch with stone fireplace.

Single-familyProperty Type

2017Year Built

1.37 acresLot Size

$294Est. Price/Sq.Ft.

2 car garageParking

Listed by John Dove • Dove Homes LLC

Bought with Whit Pritchett • Howard Hanna Allen Tate Raleigh Falls of Neuse

Redfin checked: 2 minutes ago

•Source:TMLS #2318327

Redfin Estimate

$1,350,571

$601K since sold in June 2020$49K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 27.3% higher than the average sale price ($1.06M) of 5 comparable homes.

SOLD JUN 15, 2026
$1,130,000
A
4 beds4.5 baths4,050 sq ft
9201 Penny Rd, Raleigh, NC 27606
SOLD AUG 25, 2026
$1,020,000
B
4 beds3.5 baths4,333 sq ft
2805 Ivory Bluff Trl, Apex, NC 27539
SOLD SEP 1, 2026
$1,130,000
C
4 beds4 baths3,826 sq ft
3520 Hundleby Dr, Apex, NC 27539
SOLD JUL 20, 2026
$999,900
D
5 beds4.5 baths3,816 sq ft
7829 Penny Rd, Raleigh, NC 27606
SOLD SEP 29, 2026
$1,025,000
E
5 beds4.5 baths5,270 sq ft
3901 Orchard Point Ct, Apex, NC 27539

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Earn from this home

Sell

$745,963

Est. take-home

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Refinance

Est. cash available

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Rent

$4,009/mo

Redfin rental estimate

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Market trends in 27606, NC

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.0%

0.4% MoM

Median sale price

$471K

$6K MoM

Avg. days on market

35d

1 days MoM

Recently sold homes

128

9 MoM

New listings for sale

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3 beds2.5 baths2,761 sq ft
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NEW 19 HRS AGO
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2 beds2.5 baths1,698 sq ft
2506 Bryarton Village Way, Raleigh, NC 27606
NEW 20 HRS AGO
$690,000
4 beds2.5 baths2,247 sq ft
5300 Amsterdam Pl, Raleigh, NC 27606
NEW 26 HRS AGO
$575,000
4 beds2 baths2,049 sq ft
6909 Holly Springs Rd, Raleigh, NC 27606
$399,990
2 beds2 baths1,069 sq ft
7000 Holly Springs Rd, Raleigh, NC 27606
OPEN SUN, 2PM TO 4PM
$344,500
3 beds2.5 baths1,552 sq ft
5121 Powell Townes Way, Raleigh, NC 27606
$190,000
2 beds1.5 baths1,056 sq ft
4703 Blue Bird Ct Unit F, Raleigh, NC 27606
3D WALKTHROUGH
$299,900
4 beds3.5 baths2,040 sq ft
1912 Fox Sterling Dr, Raleigh, NC 27606
$249,900
3 beds2 baths1,136 sq ft
4202 Kaplan Dr, Raleigh, NC 27606
$350,000
4 beds1.5 baths1,315 sq ft
4120 Campbell Rd, Raleigh, NC 27606
See all

Provided by Redfin

Sale history for 7720 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$8,223 (+3.0%)

$150,240 + $1,132,280

$1,282,520

2024

$7,984 (+21.1%)

$150,240 + $1,132,280

$1,282,520

2023

$6,593 (+7.9%)

$150,240 + $1,132,280

$1,282,520

2022

$6,108 (+11.7%)

$107,400 + $735,625

$843,025

2021

$5,469 (+1.7%)

$107,400 + $735,625

$843,025

2020

$5,379 (+4.7%)

$107,400 + $668,105

$775,505

2019

$5,136 (+8.8%)

$107,400 + $668,105

$775,505

2018

$4,720 (+553.4%)

$101,600 + $524,762

$626,362

2017

$722

$101,600 + $524,762

$626,362

Tax history for 7720 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$8,223 (+3.0%)

$150,240 + $1,132,280

$1,282,520

2024

$7,984 (+21.1%)

$150,240 + $1,132,280

$1,282,520

2023

$6,593 (+7.9%)

$150,240 + $1,132,280

$1,282,520

2022

$6,108 (+11.7%)

$107,400 + $735,625

$843,025

2021

$5,469 (+1.7%)

$107,400 + $735,625

$843,025

2020

$5,379 (+4.7%)

$107,400 + $668,105

$775,505

2019

$5,136 (+8.8%)

$107,400 + $668,105

$775,505

2018

$4,720 (+553.4%)

$101,600 + $524,762

$626,362

2017

$722

$101,600 + $524,762

$626,362

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

1.36 Acres

Year renovated

2017

Sq. Ft.

4,284

Year built

2017

Style

Single Family Residential

County

Wake County

APN

0770.02 89 2684 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-40W

Residential-40 Watershed District

The R-40W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space

Aug 20, 2026 • Active

Residential trade permit. plumbing, mechanical, or electrical

HVAC

May 25, 2023 • Final

Residential or farm trade permit. electrical, mechanical or plumbing

Install an underground gas line from the house to a grill.

Gas

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 2
Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Parking Pad

Interior

Bathroom Information
Bathrooms Full: 5

Bedroom Information
Bedrooms Total: 5

Interior Features
Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Wall Oven, Water Purifier
Window Features: Insulated Windows
Laundry Features: Laundry Room, Upper Level
Interior Features: Bookcases, Ceiling Fan(s), Dining L, Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
Fireplace: Yes
Fireplace Features: Family Room, Gas, Sealed Combustion
Fireplaces Total: 2
Flooring: Carpet, Ceramic Tile, Hardwood, Tile, Wood

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Brick, Fiber Cement, Radiant Barrier
Building Area Total: 4599.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Covered, Deck, Enclosed, Porch, Screened
Foundation Details: Block, Brick/Mortar
Exterior Features: Rain Gutters

Property information
Above Grade Finished Area: 4599.0
Below Grade Finished Area: 0.0
Levels: Two
Ownership Type: Other

Green Features
Green Energy Efficient: Lighting, Thermostat

Land Information
Horse: Yes

Lot Information
Lot Size Acres: 1.37
Lot Size Area: 1.37
Lot Size Dimensions: 65' F, 287' R, 325 L, 430 R
Lot Size Square Feet: 59677.2
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 5272.0

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Septic Tank
Utilities: Cable Available
Water Source: Well

Heating & Cooling
Heating: Yes
Heating Information: Electric, Heat Pump, Natural Gas
Cooling: Yes
Cooling Information: Central Air, Heat Pump, Zoned

Location

HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0

School Information
Elementary School: Wake - Yates Mill
Middle Or Junior School: Wake - Dillard
High School: Wake - Athens Dr

Location Information
County Or Parish: Wake
Directions: Walnut to Holly Springs Road. Left On Penny Road
Latitude: 35.699601
Longitude: -78.736279
Postal Code: 27606

Public facts

Beds: —
Baths: 3.5
Sq. Ft.: 4,284
Stories: 2.0
Lot Size: 1.36 acres
Style: Single Family Residential
Year Built: 2017
Year Renovated: 2017
County: Wake County
APN: 0770.02 89 2684 000

Home facts updated by county records on Aug 10, 2026

Other

hidden custom fields
Laundry Room, Upper Level

Listing Date Information
Contract Status Change Date: 2020-06-22

Around this home

Schools

Swift Creek Elementary

Public K-5 • Assigned • 3.2mi

8/10

Dillard Drive Middle

Public 6-8 • Assigned • 3.7mi

7/10

Athens Drive High

Public 9-12 • Assigned • 5.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

6/10 Heat Factor

7 days above 104° expected this year, 17 days in 30 years

6/10 Wind Factor

53% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27606

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

8.9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.28M – $1.55M

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Nearby similar homes

NEW 20 HRS AGO

$690,000

4 beds2.5 baths2,247 sq ft

5300 Amsterdam Pl, Raleigh, NC 27606

$445,000

3 beds2 baths1,572 sq ft

7312 Holly Springs Rd, Raleigh, NC 27606

$1,164,999

5 beds3.5 baths4,073 sq ft

107 Meadowglades Ln, Cary, NC 27518

$350,000

4 beds1.5 baths1,315 sq ft

4120 Campbell Rd, Raleigh, NC 27606

$1,281,000

4 beds5.5 baths4,144 sq ft

115 Meadowglades Ln, Cary, NC 27518

$799,000

3 beds3 baths3,546 sq ft

8308 Belgium Dr, Raleigh, NC 27606

New listings for sale in 27606

OPEN SUN, 1PM TO 2:30PM3D WALKTHROUGH

$850,000

3 beds2.5 baths2,761 sq ft

4925 Birchleaf Dr, Raleigh, NC 27606

NEW 19 HRS AGO3D WALKTHROUGH

$299,000

2 beds2.5 baths1,698 sq ft

2506 Bryarton Village Way, Raleigh, NC 27606

NEW 20 HRS AGO

$690,000

4 beds2.5 baths2,247 sq ft

5300 Amsterdam Pl, Raleigh, NC 27606

NEW 26 HRS AGO

$575,000

4 beds2 baths2,049 sq ft

6909 Holly Springs Rd, Raleigh, NC 27606

$399,990

2 beds2 baths1,069 sq ft

7000 Holly Springs Rd, Raleigh, NC 27606

OPEN SUN, 2PM TO 4PM

$344,500

3 beds2.5 baths1,552 sq ft

5121 Powell Townes Way, Raleigh, NC 27606

$190,000

2 beds1.5 baths1,056 sq ft

4703 Blue Bird Ct Unit F, Raleigh, NC 27606

3D WALKTHROUGH

$299,900

4 beds3.5 baths2,040 sq ft

1912 Fox Sterling Dr, Raleigh, NC 27606

$249,900

3 beds2 baths1,136 sq ft

4202 Kaplan Dr, Raleigh, NC 27606

Home values near 7720 Penny Rd

Data from public records.

Address	Redfin Estimate
7800 Penny Rd, Raleigh, NC 3 Beds \| 2 Baths \| 1174 Sq. Ft.	$369,106
7513 Penny Rd, Raleigh, NC - Beds \| 2 Baths \| 1482 Sq. Ft.	$387,498

Address	Redfin Estimate
7829 Penny Rd, Raleigh, NC 5 Beds \| 4.5 Baths \| 3816 Sq. Ft.	$973,970
7620 Penny Rd, Raleigh, NC 3 Beds \| 2 Baths \| 1456 Sq. Ft.	$444,429

Address	Redfin Estimate
7700 Penny Rd, Raleigh, NC - Beds \| 3 Baths \| 2418 Sq. Ft.	$659,265
7500 Penny Rd, Raleigh, NC - Beds \| 1.5 Baths \| 1578 Sq. Ft.	$421,890

Property information provided by TMLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27606, NC

Sale history for 7720 Penny Rd

Tax history for 7720 Penny Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27606

Home values near 7720 Penny Rd

More real estate resources