Significant price adjustment on this private Penny Rd property, now offered at $1,145,000. Strong showing activity with multiple showings and interest, this home is now positioned to create an exceptional opportunity for buyers seeking space, privacy, and convenience to both Raleigh and Cary. If you've been watching this home, now is the time to take another look. If presence, privacy, and a touch of indulgence matter--this home delivers from the very first impression. Set behind a private black aluminum fence with coded entry, this estate-style property offers a rare sense of arrival on a sprawling homesite that lives far beyond the expected. Inside, the home is layered with detail and intention. Custom millwork, elegant wainscoting, soaring ceilings, and standout tile selections create a refined backdrop that feels both elevated and inviting. The level of craftsmanship is evident throughout, with each space thoughtfully designed to balance everyday living with upscale finishes. The kitchen delivers both style and function, anchored by a large statement island with contrasting cabinetry, quartz countertops, stainless steel appliances, and an open-concept design that connects effortlessly to the main living space--perfect for entertaining or everyday living at a higher level. The recently renovated primary bath feels like a private retreat, featuring high-end tilework, a freestanding soaking tub, a spacious glass-enclosed shower, dual vanities, and seamless access to a truly expansive walk-in closet. The third-floor bonus retreat, complete with a bar, adds a whole new layer of lifestyle--ideal for entertaining, hosting, or unwinding in your own private escape. Outdoors, the fully fenced grounds enhance the estate feel, offering both privacy and flexibility with ample space for gatherings, recreation, or future possibilities. Ideally located with a Raleigh address and close proximity to Cary, this home offers convenient access to shopping, dining, and major commuting routes--while still maintaining a sense of retreat. For those who expect more--more space, more detail, more presence--this is a home that delivers on every level.
Single-familyProperty Type
2019Year Built
1.22 acresLot Size
$279Price/Sq.Ft.
3 car garageParking
Listed by Paige Coker• Corcoran DeRonja Real Estate
Est. $3,946 per month, based on comparable rentals
Sale and tax history for 9201 Penny Rd
Sale History
Tax History
Date
Event
Price
TMLS #10155504
Jun 15, 2026
Sold
$1,130,000
$279/sq ft
May 7, 2026
Pending
—
Apr 23, 2026
Price Changed
$1,145,000
$283/sq ft
Mar 26, 2026
Listed
$1,195,000
$295/sq ft
TMLS #2308888
Oct 16, 2020
Sold
$699,000
$173/sq ft
Oct 1, 2020
Pending
—
Sep 9, 2020
Contingent
—
Aug 2, 2020
Price Changed
$699,900
$173/sq ft
Jul 17, 2020
Price Changed
$709,900
$175/sq ft
Jun 24, 2020
Price Changed
$719,900
$178/sq ft
Mar 19, 2020
Listed
$734,900
$181/sq ft
+25
Custom built house by Evermoor Homes! Located on Over an Acre, this beautiful home offers fine details throughout including Red Oak Hardwood Floors, Wainscoting, Kitchen with Soft Close Drawers, Stainless Appliances, Quartz counters, Butler's Pantry. Family Room features a gas Fireplace with a Live Edge Red Oak Rustic Mantle. Main Floor Guest Bedroom w/ Full Bath. Master with spacious Walk-in Closet, Soaker Tub, Tiled Shower. 3rd Floor Bonus. 3-Car Garage. Screened Porch & Deck. No HOA & No City Taxes!
Year
Property tax
Land + Additions
Assessment*
2025
$5,914 (+3.0%)
$117,708 + $803,880
$921,588
2024
$5,743 (+4.4%)
$117,708 + $803,880
$921,588
2023
$5,499 (+7.9%)
$117,708 + $803,880
$921,588
2022
$5,095 (+2.8%)
$98,300 + $604,393
$702,693
2021
$4,958 (+55.7%)
$98,300 + $604,393
$702,693
2020
$3,185 (+318.4%)
$98,300 + $604,393
$702,693
2019
$761
$98,300
Public record
Public record
Zoning
Permits
Beds
—
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
1.22 Acres
Year renovated
2019
Sq. Ft.
3,949
Year built
2019
Style
Single Family Residential
County
Wake County
APN
0771.03 22 4801 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
Apr 12, 2023 • Final
Residential or farm trade permit. electrical, mechanical or plumbing
Remove an existing electric water heater and install a new tankless water heater in the crawl space. Install an isolation kit, an insulated recirculating line, and a new gas line with a regulator. Install intake, exhaust, and condensate piping through the exterior wall along with a new electrical outlet.
Electrical
Plumbing
Water heater
Jan 18, 2022 • Final
Residential or farm trade permit. electrical, mechanical or plumbing
Replace the shower, bathtub, and toilet in their existing locations. Perform plumbing rough-in and groundwork.
Bathroom
Plumbing
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: 3
Parking Features: Driveway, Garage, Garage Door Opener, Gated, On Site, Paved
Interior
Bathroom Information
Bathrooms Full: 4
Bathrooms Half: 1
Bedroom Information
Bedrooms Total: 4
Main Level Bedrooms: 1
Interior Features
Appliances: Bar Fridge, Built-In Gas Oven, Dishwasher, Gas Cooktop, Humidifier, Ice Maker, Microwave, Oven, Range Hood, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Water Purifier Owned, Wine Refrigerator
Laundry Features: Laundry Room, Upper Level
Interior Features: Bar, Bathtub/Shower Combination, Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Separate Shower, Smart Camera(s)/Recording, Smart Light(s), Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Wet Bar
Door Features: French Doors
Flooring: Carpet, Hardwood, Tile
Exterior
Building Information
Construction Materials: HardiPlank Type
Building Area Total: 4050.0
Structure Type: Site Built
Exterior Features
Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch, Screened
Fencing: Back Yard, Fenced, Front Yard, Full, Gate, Privacy, Security, Wood, Wrought Iron
Roof: Architectural Shingle
Property information
Living Area: 4,050
Above Grade Finished Area: 4050.0
Below Grade Finished Area: 0.0
Common Walls: No Common Walls
Levels: Three Or More, Tri-Level
Lot Information
Lot Size Acres: 1.22
Lot Size Area: 1.22
Lot Size Square Feet: 53143.0
Lot Size Units: Acres
Zoning: R-40W
Financial
Tax Information
Tax Annual Amount: 5914.48
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Sewer: Septic Tank
Utilities: Cable Available
Water Source: Well
Heating & Cooling
Heating: Yes
Heating Information: Central, Fireplace(s), Heat Pump, Natural Gas
Cooling: Yes
Cooling Information: Ceiling Fan(s), Central Air
Location
HOA Information
Association: No
Location Information
County Or Parish: Wake
Directions: US-1 to Ten Ten Rd (going East), LEFT on Penny Rd, cross over Holly Springs Rd, House will be on the RIGHT.
Latitude: 35.708313
Longitude: -78.756101
Postal Code: 27606
Road Frontage Type: None
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 3.5
Sq. Ft.: 3,949
Stories: 2.0
Lot Size: 1.22 acres
Style: Single Family Residential
Year Built: 2019
Year Renovated: 2019
County: Wake County
APN: 0771.03 22 4801 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: 2026-06-15
Documents Change Timestamp: 2026-03-30T17:07:50Z
Photos Change Timestamp: 2026-03-26T19:15:26Z
Price Change Timestamp: 2026-04-23T14:25:04Z
Listing Price Information
Previous List Price: 1195000.0
Around this home
Schools
Swift Creek Elementary
Public K-5 • Assigned • 2.8mi
8/10
Dillard Drive Middle
Public 6-8 • Assigned • 3.5mi
7/10
Athens Drive High
Public 9-12 • Assigned • 4.8mi
8/10
Provided by GreatSchools
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
64% 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)
49
31
55
37
70
47
77
56
79
61
90
70
92
74
83
69
81
65
72
54
66
47
54
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 18% for direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.10M – $1.33M
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