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.
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.
See the properties helping shape the valuation.
Comparable sales
- 358 SF larger
- 1 fewer bedroom
- 0.5 additional bathrooms
- 6,970 SF larger lot
- Same year built
- 736 SF larger
- 1 fewer bedroom
- 0.5 fewer bathrooms
- 4,792 SF larger lot
- Same year built
- 526 SF smaller
- 2 fewer bedrooms
- 1 fewer bathroom
- 4,792 SF larger lot
- Same year built
A 1932 traditional on 0.25 acres.
Building
Site & utilities
Hayes Barton
Researched nearby locations
Location
2309 Fairview Rd, Raleigh, NC 27608
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.
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.
A factual market snapshot around 2309 Fairview Rd.
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.
Residential-4
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- 1 fewer bedroom
- 618 SF smaller
- 2 fewer bedrooms
- 1 fewer bathroom
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
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.