Property listing for 10421 Swerling Way, Raleigh, NC 27614
For SaleSingle Family Home

$1,000,000

10421 Swerling Way, Raleigh, NC 27614

Spacious 5-Bed Traditional on Premier Corner Lot in Bedford

5 Bed · 3.5 Bath · 3,640 Sq Ft

Renovated kitchen, bonus room, community amenities — ideal family home

5

Beds

3.5

Baths

3,640

Sq Ft

2005

Built

0.27 acres

Lot

2-car attached

Garage

About 10421 Swerling Way

On a desirable corner parcel in Bedford at Falls River, 10421 Swerling Way presents the rare combination of scale, recent updates, and community lifestyle that local buyers prize. The 0.27-acre lot gives this 3,640-square-foot traditional home notable presence on the street and extra side-yard privacy — a clear advantage for families who want outdoor space without maintenance headaches. Curb appeal is immediate, and the two-car attached garage plus generous driveway provide comfortable parking for guests.

Inside, the house unfolds with thoughtful, practical updates. A two-story family room creates an expansive central gathering space; hardwood floors and fresh LVP/carpet (2023) run through principal living areas and bedrooms. The kitchen, renovated in 2020, anchors everyday life with modern cabinetry, updated surfaces, and sightlines into the family room — perfect for supervising homework, hosting holiday dinners, or weekday meal prep. A renovated bath (2023) and overall “excellent” condition reduce near-term capital needs.

Five bedrooms and 3.5 baths give flexibility: guest suites, a homework/office wing, or dedicated hobby space. A versatile bonus room and an unfinished walk-up attic add optional future square footage for a media room, craft studio, or expanded bedroom suite. Practical systems are standard for the neighborhood: central HVAC, public utilities, and a shingle roof (built with the home in 2005) — we recommend a roof condition review as part of due diligence.

Living here places you steps from community amenities: Bedford’s clubhouse, pool and tennis courts are within easy neighborhood strolls; Falls River Town Center, Abbotts Creek Park and the Neuse River Greenway are short drives away. Wake County schools serving this home (Abbotts Creek Elementary, Wakefield Middle, Wakefield High) are strong draws for families. With recent sales and a sales-comparison midpoint valuation near $1,000,000, this home represents a compelling opportunity to own a move-in-ready, upgraded residence in one of Raleigh’s steadier appreciating submarkets.

Buyers should verify HOA restrictions, confirm renovation permits, and complete standard inspections (roof, mechanicals). Whether you’re expanding into a larger family home or seeking a long-term hold in a community that consistently attracts buyers, 10421 Swerling Way delivers scale, updates, and an enviable neighborhood lifestyle.

Home Highlights

Renovated kitchen (2020)Updated bath (2023)New carpet and LVP flooring (2023)Hardwood floors in main areasLarge corner lot (0.27 acres)Two-story family room and flexible bonus spaceUnfinished walk-up attic for expansion potential2-car attached garage

Property Features

Interior Features

  • 5 bedrooms, 3.5 bathrooms
  • 2-story family room with expanded sightlines
  • Renovated kitchen (2020)
  • Updated bath (2023)
  • Hardwood floors in primary living areas
  • New carpet and LVP flooring (2023)
  • Bonus room for office/media
  • Unfinished walk-up attic for future expansion
  • Fireplace
  • Central heating & cooling

Exterior & Lot

  • Corner lot — 0.27 acres (11,761 sq ft)
  • 2-car attached garage plus driveway parking
  • Level topography for play and landscape options
  • Shingle roof (original to 2005 construction)
  • Frontage on Swerling Way
  • Low-maintenance yard with mature street trees

Location & Neighborhood

  • Bedford at Falls River community amenities: clubhouse, pool, tennis courts
  • Short drive to Falls River Town Center (shopping & dining)
  • Strong Wake County schools (Abbotts Creek Elementary, Wakefield Middle & High)
  • Family-oriented neighborhood with sidewalks and green space
  • Easy access to local parks and Neuse River Greenway

Walkability & Recreation

  • Walkability Rating: 65/100 — Somewhat Walkable
  • Community pools and tennis courts within neighborhood (0.3–0.4 mi)
  • Falls River Town Center (1.2 miles) for shopping and restaurants
  • Abbotts Creek Park (1.5 miles) for sports and trails
  • Neuse River Greenway (≈2 miles) for biking and long runs
  • Neighborhood sidewalks and nearby greenways for daily walks

Neighborhood & Location

Bedford at Falls River is a family-focused enclave in northwest Raleigh known for its clubhouse, neighborhood pools and tennis courts, and easy access to Falls River Town Center. Sidewalks, community green spaces and proximity to Abbotts Creek Park and the Neuse River Greenway encourage an active lifestyle. The neighborhood draws professionals and families seeking strong Wake County schools, suburban quiet, and convenient shopping and dining within a short drive.

Market Insights

Bedford at Falls River remains firmly in seller-favoring territory. Inventory sits around 2.5 months and average days on market are near 30 — conditions that routinely produce competitive offers for well-priced single-family homes. Local median sale price is reported around $850,000, with 1-year appreciation modest (about 5%) and 5-year appreciation near 25%; recent nearby comps (within 0.5 miles) closed between roughly $725K and $855K in late 2025, while a refined sales-comparison valuation for this larger, updated home places a midpoint near $1,000,000. Single-family homes in this pocket move faster than condos or townhomes because of strong school ratings, community amenities, and family demand.

For buyers: expect limited negotiating room and the importance of clean financing or pre-approval. For sellers: current conditions support pricing confidence and an expectation of multiple offers if marketed correctly. Investors will note steady rental demand — comparable leases suggest rent near $3,500/month (approx. $0.96/sf), though the gross yield is modest (~4.2%). Given low inventory and steady buyer interest, this is a favorable moment to list or buy into Bedford at Falls River.

Nearby Schools

Abbotts Creek Elementary

Elementary

9/10

Wakefield Middle

Middle

8/10

Wakefield High

High

8/10

Walkability & Recreation

65
Walkability
80
Recreation

Excellent neighborhood recreation with Bedford community pools and tennis courts within walking distance, Abbotts Creek Park ~1.5 miles away, and the Neuse River Greenway about 2 miles for biking, running, and extended outdoor time.

Investment Highlights

  • Recently renovated kitchen (2020) and updated bath (2023) reduce near-term capex
  • Bedford at Falls River — strong appreciation (25% over 5 years)
  • Community amenities including pools, tennis courts, and clubhouse
  • Proximity to parks and greenways enhances lifestyle appeal
  • Corner lot provides additional privacy and curb appeal

Key Findings

  • County assessor shows 2018 purchase at $750,000 ($206/SF) — current estimate $1,000,000 ($275/SF)
  • Assessed value $672,639 (land $145K, improvements $527,639) — annual taxes $5,886
  • Zoned R-4 — allows single-family and accessory dwelling units
  • 3 comparable sales within 0.5 miles in last 6 months range $950K–$1.05M
  • Average days on market in Bedford at Falls River: 30 days (seller's market)

Things to Consider

  • Built in 2005 — roof age and condition should be inspected
  • HOA restrictions may limit exterior modifications
  • School ratings are strong but should be verified for specific programs
  • Corner lot may have increased exposure to traffic noise

Opportunity Analysis

Well-maintained traditional home in a top Raleigh neighborhood with recent renovations and strong appreciation. Community amenities and proximity to parks create additional lifestyle appeal. Limited inventory and high demand suggest strong resale trajectory.

Potential Use Scenarios

  • Potential primary residence in a family-friendly community
  • Corner lot provides additional privacy and curb appeal
  • Comparable rentals suggest estimated rent of $3,500/mo if used as investment property

Risk Factors

  • 2005 construction — roof and HVAC systems should be inspected
  • HOA restrictions may limit modification flexibility
  • Corner lot may have increased exposure to traffic noise

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$950K

Midpoint

$1000K

High

$1050K

$275/SF estimated price per square foot

85% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $672,639 appears below market.

As of 2026-03-07

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$850,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$95,000

Bedford at Falls River has experienced steady appreciation over the past 5 years. Strong demand from families and professionals. Walkability Rating estimate: 65/100.

Nearby Points of Interest

  • Bedford at Falls River Clubhouse (0.3 mi)
  • Bedford Pool and Tennis Courts (0.4 mi)
  • Falls River Town Center (1.2 mi)
  • Abbotts Creek Park (1.5 mi)
  • Neuse River Greenway Trail (2 mi)

Proximity to community amenities including pools, tennis courts, and clubhouse. Nearby parks and greenways offer recreational opportunities. Convenient access to shopping and dining at Falls River Town Center.

School District

DistrictWake County Public School System
ElementaryAbbotts Creek Elementary (9/10)
MiddleWakefield Middle (8/10)
HighWakefield High (8/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2005
Constructionwood frame
Stories2
Roofshingle
Heatingcentral
Coolingcentral air
Basementnone
FireplaceYes
Conditionexcellent

Lot & Site

Lot Size0.27 acres (11,761 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces4
FrontageFrontage on Swerling Way

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-4
DescriptionResidential-4
JurisdictionCity of Raleigh

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$672,639
Land$145,000
Improvements$527,639
Annual Tax (2025)$5,886

Sale History

2018-06-15$750,000

$206/SF

Arm's length transaction

2010-03-22$600,000

$165/SF

Post-recession purchase

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