$299,900
 $1,610 est/mo Sourced by Back At You

1500 River Mill Drive,Wake Forest, NC 27587

Wake Forest, NC 27587

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Description

Experience the extraordinary character and beauty of historic mill living in this one of a kind, two level condominium in Wake Forest. Rich in history and architectural detail, this remarkable home showcases original exposed stone walls, gorgeous hardwood floors, soaring ceilings and rustic wood beams that create an inviting atmosphere unlike traditional construction. The thoughtfully designed floor plan offers two bedrooms and two full baths on the upper level, including beautifully updated bathrooms. A striking spiral staircase connects the upper level to the spacious lower living area, where the updated kitchen features beautiful cabinetry, quartz countertops and wonderful space for everyday living and entertaining. One of the home's most appealing features is the flexibility of having exterior access to both levels. The upper level is conveniently accessed from the parking area through a secure entry, while the lower level offers step free exterior access along a sidewalk from the parking area, making it especially convenient for bringing in groceries, shopping bags and everyday essentials. Just outside the lower living area, a private fenced courtyard offers a peaceful retreat surrounded by established trees, beautiful stonework and flower boxes. Perfect for morning coffee, relaxing or entertaining! Follow the scenic pathway along the back of the building to Adirondack chairs overlooking the river, a wonderful place to unwind and enjoy the natural surroundings. Adding to the appeal, River Mill is located outside city limits and is subject only to Wake County property taxes. The original mill buildings also benefit from a historic property tax designation providing a 50% reduction in qualifying property taxes, helping offset the cost of condominium ownership. Historic architecture, modern updates and a beautiful natural setting come together to create a truly distinctive place to call home!

Details

MLS #10200216
Listing TypeFor Sale
StyleCondominium
HOA Dues$433
Sub-TypeResale
StatusActive
Year1854
Days On Site14
Listing Provided ByColdwell Banker HPW | Chris Martin

Features

Bed(s)2
Bath(s) 3 Total
SQ Feet915
Story(s)2
Water FrontCreek, River Front, Waterfront
Property ViewForest, Water

Interior

Interior FeaturesBeamed Ceilings, Ceiling Fan(s), Crown Molding, Entrance Foyer, Eat-in Kitchen, High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Kitchen/Dining Room Combination, Living/Dining Room Combination, Shower Only, Separate Shower, Bathtub/Shower Combination, Quartz Counters, Smooth Ceilings
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
Fireplace Yes / NoNo
Laundry FeaturesIn Bathroom, Laundry Closet, Electric Dryer Hookup, Lower Level, Washer Hookup

Exterior

Exterior FeaturesCourtyard, Fire Pit, Garden, Private Entrance, Private Yard, Uncovered Courtyard
RoofRubber
Foundation DetailsStone
Lot FeaturesBack Yard, Garden, Native Plants, Private, Sloped, Steep Slope, Views, Waterfront, Hardwood Trees
Waterfront FeaturesCreek, River Front, Waterfront
Community FeaturesFishing, Historical Area
ViewForest, Water
Construction MaterialsStone
Security FeaturesKey Card Entry
Patio And Porch FeaturesCovered, Deck, Enclosed, Patio

Parking

Garage Yes / NoNo
Parking FeaturesAdditional Parking, Assigned, Open, Parking Lot

Location

Association AmenitiesInsurance, Maintenance Grounds, Maintenance Structure, Parking, Trash, Water
Community FeaturesFishing, Historical Area
Waterfront FeaturesCreek, River Front, Waterfront

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value324625
Tax Legal DescriptionRIVER MILL CONDOMINIUMS UN110
Tax Year2026

Other

Accessibility FeaturesNo

Area Information

StateNC
CountyWake
CityWake Forest
Zip Code27587
AreaWake
Community NameRiver Mill Condos
School DistrictWake - Wakefield High
Elementary SchoolWake - Wakefield Elementary
High SchoolWake - Wakefield High
Listing VS Median (in River Mill Condos)
Price:
$299,900
low | high
Med:
$517,000
22.390796932311% of Average
sqft:
915
low | high
Med:
1,411
4.207650273224% of Average
$ / sqft:
$328
low | high
Med:
$368
37.736931503471% of Average
On site:
14
low | high
Med:
95.5
14.659685863874% of Average
Sourced by Back At You

Market Activity 27587

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Learn More About This Property

StateNC
CountyWake
CityWake Forest
Zip Code27587
AreaWake
Community NameRiver Mill Condos
School DistrictWake - Wakefield High
Elementary SchoolWake - Wakefield Elementary
High SchoolWake - Wakefield High
Listing VS Median (in River Mill Condos)
Price:
$299,900
low | high
Med:
$517,000
22.390796932311% of Average
sqft:
915
low | high
Med:
1,411
4.207650273224% of Average
$ / sqft:
$328
low | high
Med:
$368
37.736931503471% of Average
On site:
14
low | high
Med:
95.5
14.659685863874% of Average
Sourced by Back At You
Listing Updated: November 4, 2026 at 10:50:04 PM PST