Beautifully renovated and move-in ready, this distinctive home is tucked away on a private wooded acre just outside the Cary city limits, with no city taxes and no HOA. Enjoy an exceptional blend of peaceful seclusion and everyday convenience, with Oak Grove Elementary, shopping, dining, Jack Smith Park, and Hemlock Bluffs Nature Preserve all close by. Lovingly landscaped and cared for over two decades, the property reflects pride of ownership throughout. Inside, repurposed and refinished heart pine floors flow through both the first and second floors. The great room impresses with its vaulted ceiling, masonry fireplace, and dramatic picture window stretching from floor-level to the peak of the ceiling. The renovated kitchen is designed to gather and inspire, featuring wood-beamed ceilings, generous counter space, breakfast bar seating, a sunny dining area, and updated tile flooring. The first-floor owner's suite offers a wood-beamed ceiling and private screened-in porch. Upstairs, the loft with a second fireplace provides wonderful flexibility for a home office, studio, reading lounge, or creative retreat. The home also features a recreation room, covered patio, and a walkout basement workshop that is exceptionally well-suited for woodworking, metalworking, or hands-on projects. Outside, enjoy the serenity of your private back deck overlooking a stocked koi pond. Unfinished workshop is both heated and cooled. This is a rare opportunity to own a beautifully updated home with privacy, personality, and a prime Cary-area location. Solar powered for improved electrical efficiency.
Single-familyProperty Type
1973Year Built
1 acresLot Size
$249Price/Sq.Ft.
Listed by Scott Korbin• Compass -- Cary
Listed by Andrew Teel• Compass -- Cary
Bought with Brian Sculley• Choice Residential Real Estate
Est. $2,802 per month, based on comparable rentals
Sale and tax history for 9904 Penny Rd
Sale History
Tax History
Date
Event
Price
TMLS #10160120
Jun 5, 2026
Sold
$615,000
$249/sq ft
May 7, 2026
Contingent
—
Apr 17, 2026
Listed
$650,000
$263/sq ft
Apr 15, 2026
Coming Soon
$650,000
$263/sq ft
Public Records
Jul 12, 2006
Sold
$265,000
$107/sq ft
TMLS #860553
Jul 12, 2006
Sold
$264,900
$107/sq ft
May 8, 2006
Listing Removed
—
Apr 24, 2006
Listed
$264,900
$107/sq ft
Wooded, Near Acre Lot. Heart of Pine floors throughout much of 1st & 2nd floor. Great Room w/ vaulted ceiling, masonry fireplace, & wall of windows. 1st floor master w/ wood beamed ceiling & private screened porch. Kitchen has a sunny dining area, breakfast bar & updated tile flooring. Loft w/ 2nd fireplace, recreation room & covered patio. Basement Shop & Koi Pond too! No city taxes
Public Records
Aug 24, 1984
Sold
$121,000
$49/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,279 (+5.1%)
$240,000 + $269,494
$509,494
2024
$3,120 (+33.9%)
$240,000 + $259,270
$499,270
2023
$2,331 (+7.9%)
$240,000 + $259,270
$499,270
2022
$2,160 (+2.7%)
$104,000 + $192,353
$296,353
2021
$2,102 (+1.7%)
$104,000 + $192,353
$296,353
2020
$2,068 (−0.8%)
$104,000 + $192,353
$296,353
2019
$2,086 (+8.7%)
$104,000 + $192,353
$296,353
2018
$1,918 (+5.5%)
$94,400 + $158,511
$252,911
2017
$1,818 (+2.1%)
$94,400 + $158,511
$252,911
2016
$1,781 (−3.7%)
$94,400 + $158,511
$252,911
2015
$1,850 (+5.5%)
$94,400 + $158,511
$252,911
2014
$1,754 (+7.1%)
$110,000 + $153,548
$263,548
2013
$1,638
$110,000 + $153,548
$263,548
2012
$1,638
$110,000 + $153,548
$263,548
2011
$1,638
$110,000 + $153,548
$263,548
Public record
Public record
Zoning
Permits
Beds
—
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
1978
Sq. Ft.
2,290
Year built
1973
Style
Single Family Residential
County
Wake County
APN
0761.04 84 6584 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
R-40W
WATERSHED PROTECTION OVERLAY
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.
Zone overlays
FUTURE Swift Creek Watershed District
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space
Jan 15, 2021 • Final
Residential or farm trade permit. electrical, mechanical or plumbing
Install a kitchen range hood and associated ventilation ducts on the first floor.
HVAC
Kitchen
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
Parking Features: Gravel
Interior
Bathroom Information
Bathrooms Full: 3
Bedroom Information
Bedrooms Total: 3
Main Level Bedrooms: 1
Interior Features
Appliances: Built-In Gas Oven, Built-In Range, Cooktop, Gas Oven, Refrigerator, Water Purifier Owned, Water Softener
Utilities: Cable Connected, Electricity Connected, Septic Connected, Water Connected
Water Source: Well
Heating & Cooling
Heating: Yes
Heating Information: Active Solar, Fireplace(s)
Cooling: Yes
Cooling Information: Ceiling Fan(s), Central Air, Electric, Heat Pump
Location
HOA Information
Association: No
Association Amenities: None
Location Information
County Or Parish: Wake
Directions: East on Penny Rd from Kildaire Farm Rd intersection. Continue straight on Penny for approximately 1.2 miles. The property will be on your left side.
Latitude: 35.713295
Longitude: -78.768613
Postal Code: 27606
Road Frontage Type: State Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Community Information
Community Features: Park, Playground
Senior Community: No
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 2,290
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: 1978
County: Wake County
APN: 0761.04 84 6584 000
Home facts updated by county records on Aug 12, 2026
Other
Listing Date Information
Contract Status Change Date: 2026-06-06
Documents Change Timestamp: 2026-05-04T21:53:08Z
Photos Change Timestamp: 2026-04-17T07:15:09Z
Around this home
Schools
Oak Grove Elementary
Public PreK-5 • Assigned • 0.8mi
6/10
Lufkin Road Middle
Public 6-8 • Assigned • 3.5mi
9/10
Athens Drive High
Public 9-12 • Assigned • 5.0mi
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
59% 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
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$689,000 – $834,000
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