Rare opportunity in fantastic location! Beautiful 16 Acre Farm In Wake Forest! 16 stall Barn with electricity and hot/cold water and fouling room. 3 Bedroom home-new roof in 2021. 3 car detached garage. Minutes to shopping, restaurants, downtown Wake Forest and Heritage amenities.
Single-familyProperty Type
1979Year Built
16 acresLot Size
$404Est. Price/Sq.Ft.
3 car garageParking
Listed by Ginger Lynn• Howard Hanna Allen Tate Raleigh Falls of Neuse
Bought with Gardner Reynolds• Long & Foster Real Estate INC/North Raleigh
Rare opportunity in fantastic location! Beautiful 16 Acre Farm In Wake Forest! 16 stall Barn with electricity and hot/cold water and fouling room. 3 Bedroom home-new roof in 2021. 3 car detached garage. Minutes to shopping, restaurants, downtown Wake Forest and Heritage amenities.
Public Records
Jul 30, 1997
Sold
$270,000
$136/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,039 (+1.9%)
$449,480 + $200,330
$649,810
2024
$3,964 (+65.8%)
$449,480 + $200,330
$649,810
2023
$2,391 (+53.0%)
$124,230 + $134,800
$259,030
2022
$1,563 (−0.5%)
$124,230 + $134,800
$259,030
2021
$1,570 (−0.6%)
$124,230 + $134,800
$259,030
2020
$1,579 (+0.6%)
2019
$1,569 (+0.9%)
$124,230 + $134,800
$259,030
2018
$1,556 (+7.6%)
$124,230 + $134,800
$259,030
2017
$1,446 (−2.8%)
$119,500 + $107,850
$227,350
2016
$1,487
$119,500 + $107,850
$227,350
2015
$1,487 (+7.1%)
$119,500 + $107,850
$227,350
2014
$1,389
$119,500 + $107,850
$227,350
2013
$1,389 (+1.0%)
$119,500 + $107,850
$227,350
2012
$1,375 (−11.1%)
$119,500 + $107,850
$227,350
2011
$1,547
$75,907 + $138,942
$214,849
Tax history for 1206 Gilcrest Farm Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,039 (+1.9%)
$449,480 + $200,330
$649,810
2024
$3,964 (+65.8%)
$449,480 + $200,330
$649,810
2023
$2,391 (+53.0%)
$124,230 + $134,800
$259,030
2022
$1,563 (−0.5%)
$124,230 + $134,800
$259,030
2021
$1,570 (−0.6%)
$124,230 + $134,800
$259,030
2020
$1,579 (+0.6%)
2019
$1,569 (+0.9%)
$124,230 + $134,800
$259,030
2018
$1,556 (+7.6%)
$124,230 + $134,800
$259,030
2017
$1,446 (−2.8%)
$119,500 + $107,850
$227,350
2016
$1,487
$119,500 + $107,850
$227,350
2015
$1,487 (+7.1%)
$119,500 + $107,850
$227,350
2014
$1,389
$119,500 + $107,850
$227,350
2013
$1,389 (+1.0%)
$119,500 + $107,850
$227,350
2012
$1,375 (−11.1%)
$119,500 + $107,850
$227,350
2011
$1,547
$75,907 + $138,942
$214,849
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
1.5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
16 Acres
Year renovated
—
Sq. Ft.
1,854
Year built
1979
Style
Single Family Residential
County
Franklin County
APN
4531
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Property details
Parking
Parking Information
Garage Spaces: 3
Parking Features: Detached, Garage
Interior
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Dishwasher, Electric Water Heater, Refrigerator
Directions: Take N Carolina 98 Bypass E to Traditions Grande Blvd/Wait Ave, Left on Traditions Grande, 2nd exit at traffic circle onto Gilcrest Farm. Property will be on your right
Latitude: 35.998309
Longitude: -78.471276
Postal Code: 27587
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,854
Stories: 1.5
Lot Size: 16 acres
Style: Single Family Residential
Year Built: 1979
Year Renovated: —
County: Franklin County
APN: 4531
Home facts updated by county records on Sep 14, 2026
Other
hidden custom fields
Main Level
Listing Date Information
Contract Status Change Date: 2022-09-01
Documents Change Timestamp: 2024-06-15T17:53:07Z
Photos Change Timestamp: 2023-09-16T00:56:47Z
Around this home
Schools
Youngsville Elementary
Public PreK-5 • Assigned • 1.7mi
8/10
Cedar Creek Middle
Public 6-8 • Assigned • 3.2mi
5/10
Franklinton High
Public 9-12 • Assigned • 5.4mi
6/10
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 105° expected this year, 16 days in 30 years
6/10 Wind Factor
49% 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
Wake Forest, NC • 27587
Average low and high temperatures (°F)
48
29
54
35
70
46
78
54
79
59
89
69
91
73
81
67
80
65
72
52
65
45
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$763,000 – $924,000
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