Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and features. Assessed value of $445,389 aligns with market estimates.
Charming 5-Bedroom Home with Office and Fenced Yard
Step inside and the built-in bookshelves of the dedicated home office immediately signal thoughtful details throughout this 2016 two-story in Wake Forest’s Bowling Green. With 2,702 square feet, five bedrooms and three full baths, the house balances family-scale living with flexible spaces: a main-floor bedroom and full bath ideal for guests or multigenerational arrangements, an upstairs loft that functions as a media/playroom, and an owner’s suite with dual vanities, walk-in closet, garden tub and an oversized stand-up shower.
Hardwood floors run across the primary living areas, where a fireplace anchors comfortable family gatherings. The kitchen features granite countertops and stainless steel appliances that complement the open-but-defined floor plan; sight lines from the kitchen make entertaining easy while still allowing a sense of separate rooms. Mechanical systems are conventional and well-maintained (central AC, forced-air gas heating) and the roof is asphalt shingle — the property is described in good condition.
Outside, the property sits on a level, fully fenced and landscaped 0.1-acre lot. The backyard offers privacy for weekend barbecues and a safe play area for children or pets, while the two-car attached garage and standard driveway provide convenient parking and storage. The home’s RMX (Residential Mixed-Use) zoning adds a layer of flexibility should future owners consider alternate uses within local ordinances.
Location is a key asset: less than three miles to Historic Downtown Wake Forest, roughly two miles to Wegmans, and within easy reach of Jones Dairy Elementary (≈1.2 miles), Heritage Middle (≈2.3 miles) and Wake Forest High (≈2.5 miles). Recent sales of nearby, similar-sized homes place market value in the $460k–$500k range (midpoint $480k), and this property has shown steady appreciation since the owner purchase in 2022.
If you’re looking for a move-in-ready family home with practical upgrades, versatile floorplan options and proximity to Wake Forest’s schools and downtown amenities, 1609 Frog Hollow Way deserves a close look. Ask your agent about recent comparable sales, rental potential (estimated at approximately $2,500/month) and the RMX zoning specifics for future planning.
See the properties helping shape the valuation.
Comparable sales
- 2 SF smaller
- 644 SF larger lot
- Same year built
- 2 SF smaller
- Similar lot size
- Same year built
- 2 SF smaller
- 444 SF larger lot
- Same year built
A 2016 traditional on 0.1 acres.
Building
Site & utilities
Bowling Green
Researched nearby locations
Location
1609 Frog Hollow Way, Wake Forest, NC 27587
Bowling Green offers a family-focused suburban setting with sidewalks, parks and quick access to Wake Forest’s Historic Downtown. Residents enjoy proximity to quality schools — Jones Dairy Elementary, Heritage Middle and Wake Forest High — as well as grocery and dining options, including Wegmans and local shops. The neighborhood attracts professionals and growing families seeking modern homes built in the 2010s, quiet streets, and short commutes to employment centers in the Raleigh-Cary MSA.
Very good access to local parks, community green spaces and Historic Downtown Wake Forest for dining and weekend activities; short drives to additional regional trails and recreation amenities.
A factual market snapshot around 1609 Frog Hollow Way.
Wake Forest’s local market is balanced with a slight tilt toward sellers: inventory sits at roughly 2.5 months and average days on market hover near 30 days. Median sale prices in the area are close to $450,000, with year-over-year appreciation modest at about 5% but up roughly 25% since 2020. For single-family homes similar to 1609 Frog Hollow Way — modern construction, 4–5 bedrooms in established subdivisions — demand remains steady, helped by highly rated nearby schools and convenient access to Historic Downtown Wake Forest and major retailers like Wegmans.
Three very recent, nearby comparables sold between $460,000 and $500,000, yielding a market-derived midpoint of $480,000 (≈$177.68/sf). That clustering of sales within 0.1 miles suggests reliable pricing benchmarks and limited discounting pressure. For buyers, the current market still allows competitive offers without the extremes of a bidding-war environment; sellers generally receive timely contracts. Investors will note rental estimates around $2,400–$2,500/month and stable occupancy signals. In short: a balanced market that rewards prepared buyers and sellers with realistic pricing and efficient transactions.
Residential Mixed-Use
Zoning
Research-indicated uses
- Single Family
- Multi Family
- Commercial
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 2 SF smaller
- 1 fewer bedroom
- 0.5 fewer bathrooms
- 2 SF smaller
What the research supports — and what is still worth verifying.
Key findings
- Assessed value $445,389 (land $100K, improvements $345,389) — annual taxes $4,194
- Zoned RMX — Residential Mixed-Use allows for various residential and commercial uses
- 3 comparable sales within 0.5 miles in last 6 months range $460K–$500K
- Average days on market in Wake Forest: 30 days (balanced market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify condition of major systems (HVAC, roof, appliances)
- Review HOA restrictions and fees
- Professional home inspection
- Confirm zoning restrictions and allowable uses
What stands out about this property.
Interior Features
- 5 bedrooms, 3 full bathrooms
- Hardwood floors in primary living areas
- Granite countertops
- Stainless steel appliances
- Office with built-in bookshelves
- Downstairs bedroom and full bath
- Owner’s suite with dual vanities, garden tub and oversized shower
- Upstairs loft area
- Fireplace
- Central AC and forced-air gas heating
Exterior & Lot
- Fenced and landscaped backyard
- Level 0.10-acre lot
- 2-car attached garage
- Asphalt shingle roof
- Standard residential driveway on Frog Hollow Way
Location & Neighborhood
- Bowling Green subdivision, Wake Forest
- ≈2.5 miles to Historic Downtown Wake Forest
- ≈2 miles to Wegmans
- Jones Dairy Elementary (≈1.2 mi); Heritage Middle (≈2.3 mi); Wake Forest High (≈2.5 mi)
- Close access to shopping, dining, and community amenities
Walkability & Recreation
- Walkability Rating: 60/100 — Some errands on foot
- Convenient access to nearby parks and green spaces
- Historic Downtown Wake Forest within 3 miles for dining and weekend activities
- Nearby schools, community amenities and neighborhood sidewalks
- Community-oriented suburban setting with short drives to regional recreation
Sources & research confidence.
See where the property research came from and how confidence varies by field.