$575,000
4 Bed · 4.5 Bath · 3,552 Sq Ft
Classic 1941 brick-veneer home with finished basement and hardwoods
4
Beds
4.5
Baths
3,552
Sq Ft
1941
Built
0.61 acres
Lot
2-car attached carport
Garage
What sets 1703 Raeford Rd apart is the combination of scale, provenance, and lot — a substantial 3,552-square-foot Traditional built in 1941 that occupies a prominent 0.61-acre corner site in Haymount. The brick-veneer façade and mature street presence give the house immediate curb appeal; step inside and the rhythm of hardwood floors, formal living and dining rooms, and a cozy fireplace reveal the home’s original character updated for everyday life.
The kitchen serves as an anchor for family activity: granite countertops surround a cooktop island designed for hands-on prep, and there’s ample cabinetry for storage. Formal rooms flank the central circulation, while a dedicated study adds a quiet place to work or read. Four bedrooms and four and a half baths are distributed across two stories, providing flexible arrangements for guests, multigenerational living, or a home office tucked away from main entertaining areas.
One of the most valuable assets here is the partially finished basement — a built-in secondary living area with its own kitchen set-up and full bath. That space can function as an au pair suite, in-law wing, long-term rental, or recreation zone with direct utility for household needs. Systems include central air and natural gas forced air; the roof is shingle. Parking is straightforward: a two-car attached carport plus a long driveway for extra vehicles.
Outside, the corner lot offers room to expand gardens, play areas, or an outdoor entertaining terrace while remaining within Haymount’s established streetscape. The house is being offered As-Is; prospective buyers should review inspection items and the property’s historic-neighborhood considerations. Practical highlights — hardwood floors through most rooms, granite counters, the basement’s extra living/kitchen area, and an oversized lot near city conveniences — make this a compelling opportunity for someone seeking a substantial home with both period detail and multi-use potential.
Positioned minutes from Cross Creek Mall, Cape Fear Valley Medical Center, and Fayetteville Technical Community College, the home sits within a walkable, amenity-rich pocket of Fayetteville. Whether you’re attracted to the neighborhood’s steady appreciation or the flexible floorplan and lot, 1703 Raeford Rd rewards a buyer with vision and an appreciation for classic Haymount character.
Haymount is one of Fayetteville’s most established neighborhoods, prized for mature trees, brick-veneer homes, and walkable streets. Residents value proximity to shopping, healthcare, and cultural destinations — Cross Creek Mall, Cape Fear Valley Medical Center, Festival Park, and the Airborne & Special Operations Museum are all minutes away. Local schools receive strong ratings at the elementary and middle levels, and the area sustains a friendly, small-community feel while remaining convenient to city-wide transportation corridors. Haymount’s steady appreciation and architectural variety attract buyers who want character and civic access in equal measure.
Haymount currently sits in a tightly balanced market that modestly favors sellers. Inventory in the area is roughly 2.5 months — low enough to keep upward pricing pressure but not so scarce as to create bidding-war conditions. The neighborhood’s median sale price is near $450,000, while nearby comparables for traditional single-family homes have closed between roughly $290,000 and $500,000 in the last 12 months; those sales posted price-per-square-foot metrics from about $106 to $156. Average days on market in Haymount runs near 35 days, reflecting steady demand and relatively quick sales when homes are well-priced and show ready.
Single-family homes, particularly larger, historic properties with generous lots, perform especially well here because of limited supply and the draw of top-rated elementary and middle schools. For buyers, this means a realistic window to negotiate but also the need to move decisively once a property meets inspection and financial criteria. Given the property’s size, corner lot, and partially finished basement, 1703 Raeford Rd aligns with buyer priorities in this micro-market and represents an attractive entry point relative to the market-based valuation range of $550,000–$600,000. Sellers should anticipate competitive interest; buyers should plan for timely due diligence including roof, HVAC, and basement condition verifications.
Vanstory Hills Elementary
Elementary
R Max Abbott Middle
Middle
Terry Sanford High
High
Very good access to outdoor recreation with Festival Park and local green spaces within 2 miles, cultural walking routes around the Airborne & Special Operations Museum, plus nearby golf and multi-use trails for running, biking, and leisure.
Well-maintained traditional home in a historic neighborhood with significant appreciation potential. Spacious lot and proximity to amenities enhance desirability. Potential for further value addition through updates to basement and infrastructure.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$550K
Midpoint
$575K
High
$600K
$162/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 12 months. Adjusted for size, condition, and lot size. Assessed value of $572,676 aligns with market estimate.
As of 2026-03-08
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Haymount neighborhood has experienced steady appreciation over the past 5 years. Walkability Rating estimate: 65/100.
Conveniently located near shopping centers, medical facilities, educational institutions, and cultural attractions. Easy access to major highways and public transportation.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$103/SF
Arm's length transaction
$111/SF
Foreclosure sale
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