Property listing for 2309 Fairview Rd, Raleigh, NC 27608
For SaleSingle Family Home

$1,200,000

2309 Fairview Rd, Raleigh, NC 27608

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

5 Bed · 3 Bath · 2,868 Sq Ft

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

5

Beds

3

Baths

2,868

Sq Ft

1932

Built

0.25 acres

Lot

About 2309 Fairview Rd

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.

Home Highlights

Chef-designed kitchen with Viking and Sub-Zero appliancesAutomatic gated driveway and parking for multiple vehiclesHistoric 1932 construction with modern updates0.25-acre lot with mature landscapingAssessed value $1,143,965 — strong Hayes Barton comparablesWalking distance to Five Points and nearby cultural venues

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Root Elementary School

Elementary

7/10

Oberlin Middle School

Middle

6/10

Needham Broughton High School

High

7/10

Walkability & Recreation

70
Walkability
78
Recreation

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.

Investment Highlights

  • Chef-designed kitchen with high-end appliances
  • Located in prestigious Hayes Barton neighborhood
  • Automatic gated driveway for enhanced privacy
  • Proximity to Five Points dining and shopping district
  • Strong school district with well-rated schools
  • Mature landscaping and thoughtfully designed gardens

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

Things to Consider

  • Built in 1932 — potential for aging infrastructure requiring maintenance
  • Limited off-street parking with driveway only
  • Historic district may have restrictions on exterior modifications
  • Market conditions indicate a competitive seller's market

Opportunity Analysis

Well-maintained historic home in a prime Raleigh neighborhood with modern kitchen upgrades and strong appreciation potential. Proximity to amenities and strong schools enhance desirability.

Potential Use Scenarios

  • Ideal primary residence for families seeking historic charm with modern amenities
  • Potential for accessory dwelling unit development under R-4 zoning
  • Long-term appreciation potential in a prestigious neighborhood

Risk Factors

  • Potential maintenance costs associated with older construction
  • Historic district regulations may limit exterior modifications
  • Competitive market conditions may require swift decision-making

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

AI Valuation Estimate

Low

$1140K

Midpoint

$1200K

High

$1260K

$418/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 lot size. Assessed value of $1,143,965 aligns with market estimates.

As of 2026-03-07

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$1,200,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$85,000

Hayes Barton has experienced steady appreciation over the past decade, with strong demand from professionals and families. Walkability Rating estimate: 70/100.

Nearby Points of Interest

  • 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)

Walkable to Five Points' dining and shopping options. Close proximity to parks, cultural venues, and major shopping centers.

School District

DistrictWake County Public School System
ElementaryRoot Elementary School (7/10)
MiddleOberlin Middle School (6/10)
HighNeedham Broughton High School (7/10)

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

Property Details

Building Details

Year Built1932
Constructionwood frame
Stories2
Roofshingle
Heatingforced air
Coolingcentral AC
Basementunfinished
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.25 acres (10,890 SF)
Topographylevel
Parkingdriveway
Parking Spaces5
Frontage80 ft frontage on Fairview Rd

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-4
DescriptionResidential-4
JurisdictionCity of Raleigh

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$1,143,965
Land$688,750
Improvements$455,215
Annual Tax (2025)$9,996

Sale History

2006-03-16$680,000

$237/SF

Arm's length transaction

2001-03-19$515,000

$181/SF

Arm's length transaction

Find a Local Agent

Looking to buy or sell? Connect with a licensed local agent who knows this area.

Request a Showing

Your inquiry will be connected with a licensed local real estate professional through our brokerage partner.

Are You a Local Agent?

No agency is currently featured for this market. Join the CompCasa Local Partner Program to get your brokerage placed on property pages like this one.

Learn About the Partner Program

CompCasa is a marketing and technology platform. All brokerage services are provided by licensed partners.