Homes/North Carolina/Raleigh/2309 Fairview Rd
CompCasa Property Analysis · single_family

2309 Fairview Rd

Historic 1932 Hayes Barton Home with Chef’s Kitchen & Gated Drive

Five Points proximity, high-end kitchen, mature gardens on .25 acre

5 beds3 baths2,868 sq ftBuilt 19320.25 acresnone
CompCasa valuation analysis
Estimated market value
$1,200,000
Low $1,140,000 · Midpoint $1,200,000 · High $1,260,000
Confidence82%Sales comparison approach
Last recorded sale$680,000Mar 16, 2006
Assessed value$1,143,9652025 assessment
CompCasa estimate$1,200,000Mar 7, 2026
Estimate vs. last recorded sale+$520,000 / +76.5%
$1,140,000$1,200,000 midpoint$1,260,000
Price / sq ft$418
Median sale price$1,200,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and lot size. Assessed value of $1,143,965 aligns with market estimates.

About the property

Historic 1932 Hayes Barton Home with Chef’s Kitchen & Gated Drive

An automatic gated driveway opens to a sweep of mature magnolias and manicured beds at 2309 Fairview Road — a 1932 traditional in Hayes Barton that combines period character with a chef-grade renovation. From the curb, the home’s classic proportions and 80-foot street frontage signal the neighborhood’s longtime appeal; step inside and the house rewards with thoughtful updates and comfortable room sizes across two stories and 2,868 square feet.

The kitchen is the property’s centerpiece: a chef-designed workspace outfitted with a six-burner Viking range, Sub-Zero refrigerator, Miele coffee and warming drawer, integrated wine cooler, and reverse-osmosis water system. Countertops and layout support serious entertaining, while adjacent living spaces—with wide-plank hardwoods and a working fireplace—keep gatherings flowing. Five bedrooms and three bathrooms offer flexible configurations for families, guests, or a home office, and an unfinished basement provides storage and future expansion potential.

Detailing throughout reflects careful stewardship: original architectural touches sit beside quality systems (forced-air heating, central AC), solid shingle roof, and updated finishes in primary living zones. Outside, the quarter-acre lot is level and private, framed by established plantings that create a garden-like setting and lend everyday respite less than half a mile from Five Points’ shops and restaurants. Parking is handled on-site with a gated driveway able to accommodate multiple vehicles.

Hayes Barton buyers will appreciate proximity to Cameron Village (about 1.2 miles), Fred Fletcher Park (0.8 miles), and cultural destinations like the Raleigh Little Theatre and Rose Garden. With strong local schools and walkable access to neighborhood amenities, this property is a rare opportunity to own a historic home upgraded for contemporary living. Broker materials and valuation work support a market value consistent with recent Hayes Barton sales; buyers are encouraged to verify condition and historic-district requirements during due diligence.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$2,125,000
Property address2400 Fairview Rd, Raleigh, NC 27608
4 bed3.5 bath3,226 sq ftBuilt 19320.3 mi17,860 sq ft lot$659/SF
Sold Dec 15, 2025
Subject difference
  • 358 SF larger
  • 1 fewer bedroom
  • 0.5 additional bathrooms
  • 6,970 SF larger lot
  • Same year built
Research comparison noteSimilar vintage, larger lot, higher price per SF due to premium finishes
02Sold price$1,275,000
Property address2202 Saint Marys St, Raleigh, NC 27608
4 bed2.5 bath3,604 sq ftBuilt 19320.4 mi15,682 sq ft lot$354/SF
Sold Nov 20, 2025
Subject difference
  • 736 SF larger
  • 1 fewer bedroom
  • 0.5 fewer bathrooms
  • 4,792 SF larger lot
  • Same year built
Research comparison noteLarger home and lot, lower price per SF
03Sold price$930,000
Property address2629 Fairview Rd, Raleigh, NC 27608
3 bed2 bath2,342 sq ftBuilt 19320.5 mi15,682 sq ft lot$397/SF
Sold Oct 5, 2020
Subject difference
  • 526 SF smaller
  • 2 fewer bedrooms
  • 1 fewer bathroom
  • 4,792 SF larger lot
  • Same year built
Research comparison noteSmaller home, sold 5 years ago, adjusted for market appreciation
Comp methodology: Focused on homes within 0.5 miles in Hayes Barton sold in last 6 months for maximum relevance
Property details

A 1932 traditional on 0.25 acres.

Building

Year built1932
ConstructionWood Frame
RoofShingle
Heatingforced air
Coolingcentral AC

Site & utilities

Lot size0.25 acres
Garagenone
Stories2
ConditionGood
BasementUnfinished
FireplaceYes
Improvement notes5 bedrooms, 3 bathrooms, chef-designed kitchen with high-end appliances, hardwood floors, abundant natural light, mature landscaping
Lot area10,890 sq ft
TopographyLevel
Frontage80 ft frontage on Fairview Rd
ParkingDriveway
Parking spaces5
Parking notesAutomatic gated driveway with space for multiple vehicles
AccessStandard residential driveway from Fairview Rd
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Hayes Barton

Researched nearby locations

Five Points commercial district (0.3 mi)
Cameron Village Shopping Center (1.2 mi)
Raleigh Little Theatre and Rose Garden (1.5 mi)
Fred Fletcher Park (0.8 mi)
North Carolina Museum of Art (3.5 mi)

Location

2309 Fairview Rd, Raleigh, NC 27608

View in Google Maps
Editorial neighborhood context

Hayes Barton is a historic, highly sought-after Raleigh enclave defined by mature trees, wide sidewalks, and an active neighborhood feel. Residents enjoy quick access to Five Points’ cafés and boutiques, Cameron Village shopping, and nearby parks and cultural venues. The area attracts professionals and families who value walkability, strong Wake County schools, and a mix of preserved period homes with quality renovations. Community events and proximity to downtown Raleigh give Hayes Barton an urbane-but-neighborhood lifestyle.

Nearby access summary

Very good access to neighborhood parks and cultural sites: Fred Fletcher Park under a mile, Five Points retail at 0.3 miles, Cameron Village at 1.2 miles, and the NC Museum of Art about 3.5 miles for trails and outdoor programming.

ElementaryRoot Elementary School (7/10)
Middle schoolOberlin Middle School (6/10)
High schoolNeedham Broughton High School (7/10)
School districtWake County Public School System
Market context

A factual market snapshot around 2309 Fairview Rd.

Median sale price$1,200,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Hayes Barton remains a seller-favored micro-market within Raleigh. Current market metrics show roughly 2.5 months of inventory and an average days on market near 30 — conditions that typically lead to multiple-offer activity for well-priced single-family homes. Area median sale price is about $1,200,000, with one nearby sale closing above $2.1M where premium finishes and a larger lot drove a higher $/SF. Recent comparable sales within 0.5 miles show a spectrum: a larger renovated property at $2,125,000 ($659/SF), another at $1,275,000 ($354/SF), and an adjusted older sale from 2020 reflecting appreciation to today’s levels.

Single-family homes in Hayes Barton perform strongly because of limited supply, neighborhood desirability, and proximity to Five Points and Cameron Village. Appreciation has been modest year-over-year (~5% in the last 12 months) and stronger over five years (~25%), indicating steady demand. Given low inventory and competitive buyer pools, this is a favorable time for sellers; buyers should come prepared with financing in order and realistic timelines. For investors, the rental market supports solid rates (estimated monthly rent ~ $3,700), though owner-occupier demand currently drives the neighborhood’s strongest price performance.

Zoning & land use

Residential-4

Zoning

Zoning codeR-4
DescriptionResidential-4
JurisdictionCity of Raleigh
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 20', side 5', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$688,750
Assessed improvements$455,215
Total assessed$1,143,965
Assessment year2025
Annual property tax$9,996
Tax year2025

Sale history

2006-03-16$680,000 · $237/SF
2001-03-19$515,000 · $181/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$3,500/mo
Property address2310 Fairview Rd, Raleigh, NC 27608
4 bed3 bath2,868 sq ft$1.22/SF
Leased Aug 1, 2025
Subject difference
  • Same living area
  • 1 fewer bedroom
Research comparison noteSimilar size and location, slightly lower rent due to one less bedroom
02Monthly rent$3,200/mo
Property address2308 Fairview Rd, Raleigh, NC 27608
3 bed2 bath2,250 sq ft$1.42/SF
Leased Jul 15, 2025
Subject difference
  • 618 SF smaller
  • 2 fewer bedrooms
  • 1 fewer bathroom
Research comparison noteSmaller home, higher rent per SF due to recent renovations
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value of $1,143,965 aligns with market estimates
  • Zoned R-4 allowing single-family and accessory dwelling units
  • Built in 1932 with significant updates to kitchen and living spaces
  • Located within walking distance to Five Points commercial district
  • Proximity to cultural venues and parks enhances lifestyle appeal

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly pulled
  • Confirm any historic district restrictions
  • Professional home inspection
  • Roof condition assessment
Highlights & features

What stands out about this property.

Interior Features

  • Chef-designed kitchen: Viking 6-burner range, Sub-Zero refrigerator
  • Miele coffee & warming drawer, wine cooler, reverse-osmosis system
  • Hardwood floors throughout main living areas
  • Working fireplace in living room
  • Five bedrooms, three full bathrooms
  • Unfinished basement for storage or future finish
  • Central AC and forced-air heating
  • Two stories with generous room proportions

Exterior & Lot

  • 0.25-acre level lot with 80 ft frontage on Fairview Rd
  • Automatic gated driveway with space for multiple vehicles
  • Mature, thoughtfully designed landscaping and garden beds
  • Shingle roof; wood-frame construction
  • No attached garage (driveway parking available)
  • Private yard suitable for entertaining and gardening

Location & Neighborhood

  • Hayes Barton neighborhood — historic, tree-lined streets
  • 0.3 miles to Five Points dining & shopping district
  • 1.2 miles to Cameron Village shopping center
  • 0.8 miles to Fred Fletcher Park; 1.5 miles to Raleigh Little Theatre & Rose Garden
  • Strong Wake County schools: Root Elementary, Oberlin Middle, Needham Broughton High

Walkability & Recreation

  • Walkability Rating: 70/100 — Somewhat Walkable
  • Walking distance to Five Points retail and eateries (0.3 mi)
  • Fred Fletcher Park within 1 mile for recreation and trails
  • Cameron Village (1.2 mi) for errands and dining
  • North Carolina Museum of Art approximately 3.5 miles
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realtor.com listing for 2309 Fairview RdView source
2
Zillow listing for 2309 Fairview RdView source
3
Raleigh Realty listing for 2309 Fairview RdView source
4
City-Data property valuation for Fairview RdView source
5
Redfin listing for 2309 Fairview RdView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.