Property listing for 1609 Frog Hollow Way, Wake Forest, NC 27587
For SaleSingle Family Home

$480,000

1609 Frog Hollow Way, Wake Forest, NC 27587

Charming 5-Bedroom Home with Office and Fenced Yard

5 Bed · 3 Bath · 2,702 Sq Ft

Modern 2016 home in Bowling Green — versatile layout, top schools nearby

5

Beds

3

Baths

2,702

Sq Ft

2016

Built

0.10 acres

Lot

2-car attached

Garage

About 1609 Frog Hollow Way

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.

Home Highlights

Move-in ready conditionOffice with built-in bookshelvesDownstairs bedroom and full bathOwner's suite with dual vanities and large showerFenced, landscaped backyard2,702 SF on a 0.10-acre lotEstimated market midpoint $480,000

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Jones Dairy Elementary

Elementary · 1.2 mi

9/10

Heritage Middle

Middle · 2.3 mi

9/10

Wake Forest High School

High · 2.5 mi

7/10

Walkability & Recreation

60
Walkability
75
Recreation

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.

Investment Highlights

  • Modern 5-bedroom home built in 2016 with open floor plan and high-end finishes
  • Located in Bowling Green subdivision with access to community amenities
  • Proximity to highly rated schools enhances family appeal
  • Fenced and landscaped backyard offers privacy and outdoor enjoyment
  • RMX zoning provides flexibility for future use

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)

Things to Consider

  • Built in 2016 — verify condition of major systems (HVAC, roof, appliances)
  • Lot size of 0.1 acres may be smaller than some buyers prefer
  • RMX zoning may have specific restrictions — review local ordinances

Opportunity Analysis

Modern single-family home in desirable Wake Forest subdivision with strong appreciation potential and flexible zoning. Proximity to amenities and schools enhances appeal. Balanced market conditions suggest stable investment.

Potential Use Scenarios

  • Potential primary residence for families seeking proximity to schools and amenities
  • Long-term rental potential with estimated rent of $2,500/mo
  • Explore potential for mixed-use development under RMX zoning

Risk Factors

  • Verify condition of major systems due to 10-year age
  • Lot size may limit outdoor space compared to larger parcels
  • RMX zoning may have specific restrictions — consult local ordinances

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

AI Valuation Estimate

Low

$460K

Midpoint

$480K

High

$500K

$177.68/SF estimated price per square foot

82% confidence

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.

As of 2026-03-06

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$450,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$85,000

Wake Forest median home values increased 25% from 2020-2025. Strong demand from families and professionals. Walkability Rating estimate: 60/100.

Nearby Points of Interest

  • Historic Downtown Wake Forest (2.5 mi)
  • Wegmans (2 mi)
  • Jones Dairy Elementary School (1.2 mi)
  • Heritage Middle School (2.3 mi)
  • Wake Forest High School (2.5 mi)

Convenient access to shopping, dining, and schools. Less than 3 miles to Historic Downtown Wake Forest.

School District

DistrictWake County Public School System
ElementaryJones Dairy Elementary (9/10)
MiddleHeritage Middle (9/10)
HighWake Forest High School (7/10)

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

Property Details

Building Details

Year Built2016
Constructionwood frame
Stories2
Roofasphalt shingle
Heatingforced air gas
Coolingcentral AC
Basementnone
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.1 acres (4,356 SF)
Topographylevel
Parkingattached_garage
Parking Spaces2
FrontageStandard residential frontage on Frog Hollow Way

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeRMX
DescriptionResidential Mixed-Use
JurisdictionTown of Wake Forest

Allowed Uses

single familymulti familycommercial
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$445,389
Land$100,000
Improvements$345,389
Annual Tax (2025)$4,194

Sale History

2022-10-14$442,000

$163.61/SF

Arm's length transaction

2016-07-22$265,000

$98.15/SF

New construction sale

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