Estimated market value
$400,000
Low $384,000 · Midpoint $400,000 · High $416,000
Confidence65%Sales comparison approach
CompCasa estimate$400,000Current analysis
$384,000$400,000 midpoint$416,000
Price / sq ft$235
Derived from Redfin listing LD+JSON
About the property
Rare 0.61-Acre Lot With Renovation Potential Near Duke
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.
Location & nearby
Durham, NC
Researched nearby locations
⌖Located in Lakewood/Rockwood area (27707)
⌖Under 10 minutes to Duke University and Downtown Durham
⌖Short drives to local parks and downtown amenities
Location
1712 Rosedale Ave, Durham, NC, 27707
Editorial neighborhood context
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.
Nearby access summary
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.
Market context
A factual market snapshot around 1712 Rosedale Ave.
Editorial market perspective
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.
Highlights & features
What stands out about this property.
01Expansive 0.61-acre lot in desirable 27707
02Priced for renovation or redevelopment
03Minutes to Duke University and Downtown Durham
04Deep setback and private, wooded backyard
05Estimated value midpoint aligns with list price ($400,000)
06One-car garage and existing A/C
Interior Features
- 3 bedrooms, 2 bathrooms
- Approx. 1,702 finished square feet
- Built in 1986 — solid bones for renovation
- Heating & cooling: Has A/C
- One-car attached garage
Exterior & Lot
- Large 0.61-acre parcel
- Deep setback from Rosedale Avenue
- Lush, wooded backyard providing privacy
- Well-suited for full renovation or scrape-and-build
- Established mature trees and landscaping
Location & Neighborhood
- Located in Lakewood/Rockwood area (27707)
- 3-minute drive to Guglhupf bakery
- Under 10 minutes to Duke University and Downtown Durham
- Surrounded by recent high-end home transformations
- Convenient access to dining, campus, and city amenities
Walkability & Recreation
- Walkability Rating: 55/100 — Some walkable amenities
- Short drives to local parks and downtown amenities
- Close proximity to Duke University activities and cultural sites
- Neighborhood streets suited for walking and local errands
- Easy access to Durham's dining and coffee scene