$400,000
3 Bed · 2 Bath · 1,702 Sq Ft
Large Lakewood/Rockwood parcel — perfect for renovation or rebuild
3
Beds
2
Baths
1,702
Sq Ft
1986
Built
0.61 acres
Lot
1-car garage
Garage
The first thing you notice at 1712 Rosedale Ave is the scale of the lot: a generous 0.61-acre parcel set well back from the street with a lush, wooded backyard that reads like suburban privacy minutes from the city. Tucked in the Lakewood/Rockwood corridor of 27707, the property presents a rare developer- or renovator-friendly opportunity where land value and location drive the story.
The house itself — a 1986 three-bedroom, two-bath home with roughly 1,702 finished square feet — is best described as a time capsule. While interior finishes reflect an earlier era, the structure’s footprint and systems such as cooling (A/C noted) and a one-car garage provide practical starting points for a substantial remodel or an entirely new build. Nearby homes have been transformed into high-end modern and mid-century interpretations, underscoring the immediate upside for a buyer with vision.
Location is a central asset. You’re a short drive from Guglhupf bakery for weekend pastries and well within ten minutes of Duke University and Downtown Durham’s restaurants, breweries, and cultural destinations. That combination — a private, wooded lot with rapid access to employment centers, campus life, and local favorites — is rare in this zip code and makes the parcel especially attractive to creative homeowners and small-scale builders.
This listing is priced for potential. Whether you pursue a full renovation that preserves and updates the home’s bones or choose a “scrape and build” to maximize modern square footage and orientation, the setting supports both approaches. With mature trees, a deep front setback, and the elevated desirability of 27707, 1712 Rosedale Ave is positioned as a strategic entry into a neighborhood where thoughtfully executed projects have materially increased surrounding property values.
Photos and an on-site walk-through will reveal the specific condition and layout; buyers and builders should come prepared with a plan. For anyone seeking a sizeable private lot near Duke and Downtown Durham — one where imagination meets market momentum — this property is a noteworthy candidate.
Lakewood/Rockwood (27707) blends established residential calm with immediate access to Duke University and Downtown Durham. The area is popular with professionals, academics, and families who prize tree-lined streets, quick commutes to campus, and a growing roster of cafés, restaurants, and cultural venues. Recent decades have seen selective modern renovations and new builds, creating a patchwork of updated homes that support rising property values. Local favorites like Guglhupf Bakery are just minutes away, and the neighborhood’s scale fosters a comfortable, walkable feel for short errands while keeping the city’s energy within easy reach.
This dataset provides a clear valuation anchor: the broker list price of $400,000 matches the automated valuation midpoint, with an estimated price-per-square-foot of $235 and a model confidence of 0.65. Those figures position this listing as competitively priced for a large parcel in 27707, especially given recent neighborhood transformations. Detailed, up-to-date MLS metrics for days on market, active inventory, and short-term price trends are not included in the feed; prospective buyers should request current Durham County MLS stats from their agent. That said, qualitative signals from the neighborhood — active renovations, modern rebuilds on nearby lots, and strong demand for well-located sites near Duke — indicate outsized interest in renovation-ready properties and tear-down opportunities. For investors and owner-occupants, now is an appealing time to consider acquisitions that leverage lot size and location, as the ability to add contemporary square footage or reorient a home to suit modern tastes often captures premium resale value in this area. Engage a local architect and builder early to validate program options and cost-to-value scenarios before submitting offers.
Very good access to urban recreation: short drives to downtown parks and cultural venues, plus nearby walking routes and neighborhood green spaces for daily activity.
Low
$384K
Midpoint
$400K
High
$416K
$235/SF estimated price per square foot
Derived from Redfin listing LD+JSON
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Lakewood/Rockwood (27707) blends established residential calm with immediate access to Duke University and Downtown Durham. The area is popular with professionals, academics, and families who prize tree-lined streets, quick commutes to campus, and a growing roster of cafés, restaurants, and cultural venues. Recent decades have seen selective modern renovations and new builds, creating a patchwork of updated homes that support rising property values. Local favorites like Guglhupf Bakery are just minutes away, and the neighborhood’s scale fosters a comfortable, walkable feel for short errands while keeping the city’s energy within easy reach.
Market data is based on aggregated public records and may not reflect real-time conditions.
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