OFF MARKET

Off market oct 2020 for $468K

$708,623

Est. refi paymentEst. refi $3,575/mo

•

3,749

sq ft

505 Otway Rd, Wake Forest, NC 27587

About this home

Spacious floor plan offers 4 beds, incl a guest suite on the 1st fl plus an oversized bonus room & finished 3rd fl walk-up attic. This home is great for entertaining & plenty of creative spaces to maximize its use. The quality of craftsmanship & custom upgrades throughout is not limited to its custom Roman Shades, custom built-in shelving, & unique storage areas. Enjoy the screened porch, or custom back patio. and provides an area for gardening and the possibility to build your very own koi pond & more!

Single-familyProperty Type

2011Year Built

10,454 sq ftLot Size

$189Est. Price/Sq.Ft.

2 car garageParking

Listed by Koren Bowman • Keller Williams Preferred Realty

Bought with Crystal Alston • EXP Realty LLC

Redfin checked: a minute ago

•Source:TMLS #2338028

Redfin Estimate

$708,623

$241K since sold in October 2020$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.3% lower than the average sale price ($757K) of 6 comparable homes.

SOLD SEP 29, 2026
$730,000
A
4 beds3.5 baths3,000 sq ft
1116 Heritage Knoll Dr, Wake Forest, NC 27587
SOLD OCT 9, 2026
$750,000
B
4 beds3.5 baths2,849 sq ft
409 Otway Rd, Wake Forest, NC 27587
SOLD MAR 23, 2026
$788,000
C
4 beds3.5 baths3,625 sq ft
1317 Plunket Dr, Wake Forest, NC 27587
SOLD JUL 13, 2026
$675,000
D
4 beds2.5 baths3,370 sq ft
1017 Heritage Greens Dr, Wake Forest, NC 27587
SOLD JUN 26, 2026
$815,000
E
4 beds3.5 baths3,251 sq ft
1220 Heritage Hills Way, Wake Forest, NC 27587
SOLD SEP 10, 2026
$781,000
F
4 beds4 baths3,047 sq ft
528 Dimock Way, Wake Forest, NC 27587

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Earn from this home

Sell

$335,863

Est. take-home

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Refinance

Est. cash available

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Rent

$3,328/mo

Redfin rental estimate

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Market trends in 27587, NC

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.5%

0.2% MoM

Median sale price

$502K

$8K MoM

Avg. days on market

54d

12 days MoM

Recently sold homes

414

52 MoM

New listings for sale

NEW 3 HRS AGO
$925,000
4 beds4 baths3,872 sq ft
117 Nate Ct, Wake Forest, NC 27587
NEW 8 HRS AGO
$549,900
5 beds4 baths3,100 sq ft
2101 Birdhouse Ln, Wake Forest, NC 27587
COMING SOON
$760,000
4 beds3.5 baths3,317 sq ft
1513 Heritage Reserve Ct, Wake Forest, NC 27587
OPEN SAT, 11AM TO 1PM
$650,000
3 beds2.5 baths2,217 sq ft
957 Coast Grade St, Wake Forest, NC 27587
NEW 9 HRS AGO
$2,349,000
4 beds5 baths5,786 sq ft
2113 Blue Haven Ct, Wake Forest, NC 27587
NEW 9 HRS AGO
$775,000
5 beds5.5 baths3,783 sq ft
257 Murray Grey Ln, Wake Forest, NC 27587
OPEN SAT, 12PM TO 2PM
$435,000
4 beds2.5 baths2,748 sq ft
1109 Spring Meadow Way, Wake Forest, NC 27587
NEW 13 HRS AGO
$350,000
3 beds2.5 baths1,619 sq ft
1005 Tulip Grove Ln, Wake Forest, NC 27587
NEW 32 HRS AGO
$535,000
2 beds2 baths1,761 sq ft
712 Haven Peak Ln, Wake Forest, NC 27587
NEW 32 HRS AGO
$675,000
4 beds2.5 baths2,711 sq ft
8012 Fairlake Dr, Wake Forest, NC 27587
See all

Provided by Redfin

Sale history for 505 Otway Rd

Date

Event

Price

TMLS #2338028

Oct 5, 2020

Sold

$468,000

$125/sq ft

Aug 27, 2020

Pending

—

Aug 21, 2020

Listed

$455,000

$121/sq ft

Aug 19, 2020

Coming Soon

$455,000

$121/sq ft

TMLS #1990407

May 28, 2015

Sold

$409,000

$109/sq ft

May 1, 2015

Contingent

—

Apr 27, 2015

Price Changed

$419,900

$112/sq ft

Apr 2, 2015

Price Changed

$429,900

$115/sq ft

Feb 13, 2015

Listed

$450,000

$120/sq ft

+20

Fantastic Heritage home with custom touches throughout. Extensive millwork. Hardwoods throughout most of 1st floor. Open floor plan. Spacious living features gas log fp & built-ins. Bright & open kitchen offers granite tops, center island, s/s appliances & tile backsplash. 1st floor guest suite. Large master includes trey ceiling, garden tub w/ separate tile shower & WIC. 2nd floor office. Huge 3rd flr bonus room w/ closet & full bath. Screen porch. Oversized patio. Extensively landscaped, fenced backyard

TMLS #1805675

Feb 1, 2012

Sold

$335,000

$89/sq ft

Dec 6, 2011

Listing Removed

—

Oct 8, 2011

Listed

$335,000

$89/sq ft

Public Records

Jan 24, 2011

Sold

$440,000

$117/sq ft

Public Records

Nov 17, 2008

Sold

$75,500

$20/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,211 (+0.4%)

$130,000 + $530,619

$660,619

2024

$6,187 (+19.8%)

$130,000 + $530,619

$660,619

2023

$5,166 (+4.2%)

$130,000 + $530,619

$660,619

2022

$4,956 (+1.8%)

$65,000 + $377,857

$442,857

2021

$4,869

$65,000 + $377,857

$442,857

2020

$4,869 (−7.3%)

$65,000 + $377,857

$442,857

2019

$5,253 (+5.6%)

$65,000 + $377,857

$442,857

2018

$4,973 (+3.5%)

$60,000 + $361,753

$421,753

2017

$4,807 (+1.3%)

$60,000 + $361,753

$421,753

2016

$4,745 (+8.6%)

$60,000 + $361,753

$421,753

2015

$4,371 (+3.3%)

$60,000 + $361,753

$421,753

2014

$4,231 (+12.3%)

$70,000 + $313,523

$383,523

2013

$3,768

$70,000 + $289,038

$359,038

2012

$3,768 (+415.6%)

$70,000 + $289,038

$359,038

2011

$731

$70,000 + $289,038

$359,038

Tax history for 505 Otway Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,211 (+0.4%)

$130,000 + $530,619

$660,619

2024

$6,187 (+19.8%)

$130,000 + $530,619

$660,619

2023

$5,166 (+4.2%)

$130,000 + $530,619

$660,619

2022

$4,956 (+1.8%)

$65,000 + $377,857

$442,857

2021

$4,869

$65,000 + $377,857

$442,857

2020

$4,869 (−7.3%)

$65,000 + $377,857

$442,857

2019

$5,253 (+5.6%)

$65,000 + $377,857

$442,857

2018

$4,973 (+3.5%)

$60,000 + $361,753

$421,753

2017

$4,807 (+1.3%)

$60,000 + $361,753

$421,753

2016

$4,745 (+8.6%)

$60,000 + $361,753

$421,753

2015

$4,371 (+3.3%)

$60,000 + $361,753

$421,753

2014

$4,231 (+12.3%)

$70,000 + $313,523

$383,523

2013

$3,768

$70,000 + $289,038

$359,038

2012

$3,768 (+415.6%)

$70,000 + $289,038

$359,038

2011

$731

$70,000 + $289,038

$359,038

*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

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

10,454 Sq. Ft.

Year renovated

2011

Sq. Ft.

3,532

Year built

2011

Style

Single Family Residential

County

Wake County

APN

1840.12 75 5297 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 11, 2026.

GR5

General Residential

The General Residential District are established to maintain previously developed suburban residential subdivision for their existing and approved low-to medium density single family dwelling and related recreational, religious and education facilities. Intended to act as a transitional zoning district between rural development in the country and the urban development of the town these regulation are further intended to discourage any use which would be detrimental to the predominately residential nature of the area included within the district.

Property details

Parking

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

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 4

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
Window Features: Insulated Windows
Laundry Features: Laundry Room, Upper Level
Interior Features: Bathtub/Shower Combination, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Pantry, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
Fireplace: Yes
Fireplace Features: Gas, Gas Log, Living Room
Fireplaces Total: 1
Flooring: Carpet, Hardwood, Tile

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Fiber Cement
Building Area Total: 3749.0
Builder Name: Cambridge Homes
Builder Model: Snowy Egrett II
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Covered, Patio, Porch, Screened
Exterior Features: Fenced Yard, Rain Gutters

Pool Information
Pool Features: Swimming Pool Com/Fee

Property information
Above Grade Finished Area: 3749.0
Below Grade Finished Area: 0.0
Levels: Three Or More
Ownership Type: Other

Lot Information
Lot Size Acres: 0.24
Lot Size Area: 0.24
Lot Size Dimensions: See Recorded Plat
Lot Size Square Feet: 10454.4
Lot Size Units: Acres
Zoning: GR5

Financial

Tax Information
Tax Annual Amount: 4869.0

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Public Sewer
Utilities: Cable Available
Water Source: Public

Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Natural Gas, Zoned
Cooling: Yes
Cooling Information: Central Air, Zoned

Location

HOA Information
Association: Yes
Association Name: Charleston Management
Association Amenities: Golf Course, Tennis Court(s), Trail(s)
Association Fee: 289.0
Association Fee Frequency: Annually
Association Fee 2: 0.0
Association Fee Includes: Maintenance Grounds

School Information
Elementary School: Wake - Heritage
Middle Or Junior School: Wake - Heritage
High School: Wake - Heritage

Location Information
County Or Parish: Wake
Directions: N on US1/Capital Blvd. Right on 1A to Wake Forest. Right at third light on Rogers Road. Left at Second Light on Heritage Lake Road-Left onto Heritage Hills - Left onto Otway.
Latitude: 35.961566
Longitude: -78.501262
Postal Code: 27587

Community Information
Community Features: Golf, Playground
Senior Community: No

Public facts

Beds: —
Baths: 3.0
Sq. Ft.: 3,532
Stories: 2.0
Lot Size: 10,454 square feet
Style: Single Family Residential
Year Built: 2011
Year Renovated: 2011
County: Wake County
APN: 1840.12 75 5297 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: 2020-10-06
Documents Change Timestamp: 2024-06-17T20:34:04.000Z

Around this home

Schools

Heritage Elementary

Public PreK-5 • Assigned • 1.2mi

9/10

Heritage Middle

Public 6-8 • Assigned • 1.0mi

10/10

Heritage High School

Public 9-12 • Assigned • 1.4mi

7/10

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 106° 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

Wake Forest, NC • 27587

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 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$674,000 – $815,000

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New listings for sale in 27587

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NEW 8 HRS AGO

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OPEN SAT, 11AM TO 1PM

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NEW 9 HRS AGO3D WALKTHROUGH

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NEW 9 HRS AGO

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OPEN SAT, 12PM TO 2PM

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4 beds2.5 baths2,748 sq ft

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Cul-de-sac • Quartz countertops • Open floor plan

NEW 13 HRS AGO3D WALKTHROUGH

$350,000

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Cozy fireplace • Spacious bonus room • Downtown wake forest

NEW 32 HRS AGO3D WALKTHROUGH

$535,000

2 beds2 baths1,761 sq ft

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Rear deck • Bright sunroom • Broad kitchen island

Home values near 505 Otway Rd

Data from public records.

Address	Redfin Estimate
508 Otway Road, Wake Forest, NC 4 Beds \| 3 Baths \| 2397 Sq. Ft.	$564,105
504 Otway Road, Wake Forest, NC 3 Beds \| 3 Baths \| 2222 Sq. Ft.	$545,646

Address	Redfin Estimate
501 Otway Road, Wake Forest, NC 3 Beds \| 3 Baths \| 2528 Sq. Ft.	$615,022
421 Otway Road, Wake Forest, NC 3 Beds \| 2 Baths \| 2232 Sq. Ft.	$521,926

Address	Redfin Estimate
516 Otway Road, Wake Forest, NC 4 Beds \| 3 Baths \| 2952 Sq. Ft.	$660,504
500 Otway Road, Wake Forest, NC 3 Beds \| 3.5 Baths \| 2743 Sq. Ft.	$622,591

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 27587, NC

Sale history for 505 Otway Rd

Tax history for 505 Otway Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27587

Home values near 505 Otway Rd

More real estate resources