Homes/North Carolina/Raleigh/2638 Lakeview Dr
CompCasa Property Analysis · single_family

2638 Lakeview Dr

Renovated 4-Bed Traditional on Prime 0.45-Acre Lot

Country Club Hills home with $400K+ updates, chef's kitchen, and ADU potential

4 beds4.5 baths3,843 sq ftBuilt 19550.45 acresnone
CompCasa valuation analysis
Estimated market value
$2,150,000
Low $2,100,000 · Midpoint $2,150,000 · High $2,200,000
Confidence85%Sales comparison approach
Last recorded sale$752,000Apr 25, 2008
Assessed value$1,202,2432025 assessment
CompCasa estimate$2,150,000Mar 7, 2026
Estimate vs. last recorded sale+$1,398,000 / +185.9%
$2,100,000$2,150,000 midpoint$2,200,000
Price / sq ft$559
Median sale price$2,000,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 12 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $1,202,243 appears below market.

About the property

Renovated 4-Bed Traditional on Prime 0.45-Acre Lot

Set on a sweeping 0.45-acre parcel directly adjacent to the fairways of Carolina Country Club, 2638 Lakeview Drive is a classic 1955 traditional reimagined for contemporary living. The home's brick-and-fiber-cement façade, expansive front porch and circular driveway announce the thoughtful balance of original character and more than $400,000 in recent renovations. With 3,843 finished square feet, the plan emphasizes generous living spaces and private bedroom wings for modern family life.

The heart of the home is a chef-grade kitchen outfitted with Miele appliances, an oversized center island and premium finishes—an upgrade level typically found in new construction but here woven into an established Country Club Hills residence. Two main living rooms, each anchored by a fireplace, give options for formal gatherings or casual evenings. A quiet, dedicated home office provides a private workspace while a first-floor primary suite delivers convenience and luxury with dual custom closets and a fully renovated primary bath.

Upstairs you'll find additional bedrooms and baths configured for family and guests, maintaining privacy and comfortable scale. Systems include central air and a heat pump; the renovation-focused scope significantly reduces near-term maintenance exposure, though roof age and other due diligence items should be verified. Interior condition is listed as excellent and the workmanship reflects an investment-minded renovation rather than piecemeal fixes.

Outside, the level lot presents rare flexibility in midtown Raleigh—ample space for a pool, expanded outdoor entertaining areas, or a future accessory dwelling given R-4 zoning that permits ADUs. Mature trees and direct adjacency to golf-course open space create a park-like setting while keeping quick access to North Hills, top-rated schools, and Midtown amenities. This property blends the calm of an established neighborhood with the conveniences of central Raleigh, delivering a turnkey option for buyers seeking prestige, space, and thoughtful upgrades.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$2,100,000
Property address2635 Lakeview Dr, Raleigh, NC 27609
4 bed4 bath3,931 sq ftBuilt 20150.1 mi12,632 sq ft lot$534/SF
Sold Jun 20, 2025
Subject difference
  • 88 SF larger
  • 0.5 fewer bathrooms
  • 6,970 SF smaller lot
  • 60 years newer
Research comparison noteNewer construction with modern amenities, slightly smaller lot
02Sold price$1,310,000
Property address2626 Lakeview Dr, Raleigh, NC 27609
4 bed3.5 bath3,820 sq ftBuilt 19530.05 mi19,602 sq ft lot$343/SF
Sold Jan 3, 2023
Subject difference
  • 23 SF smaller
  • 1 fewer bathroom
  • Similar lot size
  • 2 years older
Research comparison noteSimilar size and age, less extensive renovations
03Sold price$2,357,000
Property address2730 Lakeview Dr, Raleigh, NC 27609
5 bed3.5 bath5,212 sq ftBuilt 19620.2 mi28,750 sq ft lot$452/SF
Sold Jun 30, 2025
Subject difference
  • 1,369 SF larger
  • 1 additional bedroom
  • 1 fewer bathroom
  • 9,148 SF larger lot
  • 7 years newer
Research comparison noteLarger home and lot, updated interior
Comp methodology: Focused on traditional homes within 0.5 miles in Country Club Hills sold in last 12 months for maximum relevance
Property details

A 1955 traditional on 0.45 acres.

Building

Year built1955
ConstructionBrick And Fiber Cement
RoofShingle
Heatingheat pump
Coolingcentral air

Site & utilities

Lot size0.45 acres
Garagenone
Stories2
ConditionExcellent
BasementNone
FireplaceYes
Improvement notesOver $400,000 in renovations including a chef-inspired kitchen with Miele appliances and an oversized island, two main living areas with fireplaces, private home office, first-floor primary suite with dual custom closets, and a renovated primary bath.
Lot area19,602 sq ft
TopographyLevel
FrontageCircular driveway with expansive front porch
ParkingDriveway
Parking spaces6
Parking notesCircular driveway with ample parking
AccessStandard residential driveway from Lakeview Dr
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Country Club Hills

Researched nearby locations

Carolina Country Club (0.2 mi)
North Hills Shopping Center (1.5 mi)
Root Elementary School (0.6 mi)
Oberlin Middle School (0.4 mi)
Broughton High School (1.9 mi)

Location

2638 Lakeview Dr, Raleigh, NC 27609

View in Google Maps
Editorial neighborhood context

Country Club Hills is an established, tree-lined enclave prized for its proximity to Carolina Country Club and convenient access to Midtown Raleigh. Residents enjoy a blend of quiet residential streets and quick connections to North Hills' shopping and dining. The neighborhood attracts families and professionals drawn to Wake County’s respected schools, mature lots, and a community-oriented atmosphere where larger properties and thoughtful renovations are the norm. Expect a relaxed, upscale lifestyle with golf, local events, and city amenities minutes away.

Nearby access summary

Excellent access to golf at Carolina Country Club (0.2 miles), North Hills shopping and dining (1.5 miles), and broad options for outdoor living on a large private lot suitable for a pool and expanded entertaining.

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

A factual market snapshot around 2638 Lakeview Dr.

Median sale price$2,000,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Country Club Hills remains a supply-constrained, demand-strong segment of the Raleigh market. Current local metrics show limited inventory—approximately 2.5 months of supply—and an average days-on-market around 30 days, consistent with a seller-favorable environment for well-presented homes. Median sale prices in the immediate area hover near $2,000,000 with recent comparable closings in the $2.1M–$2.36M range that reflect premium pricing for renovated properties and larger lots. One-year appreciation sits near +5% with a five-year trend around +25%, underscoring steady long-term value growth. Single-family homes, particularly renovated traditional and luxury product in Country Club Hills, continue to outperform general market averages due to proximity to Carolina Country Club and Midtown employment and retail hubs. For buyers, this is an opportune time to acquire a move-in-ready, updated asset—renovation risk is low and ADU zoning provides optional upside—while sellers benefit from constrained inventory and strong buyer appetite for turnkey luxury in prime locations.

Zoning & land use

Residential-4

Zoning

Zoning codeR-4
DescriptionResidential-4
JurisdictionCity of Raleigh
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 30', side 10', rear 25'

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$723,188
Assessed improvements$479,055
Total assessed$1,202,243
Assessment year2025
Annual property tax$10,505
Tax year2025

Sale history

2008-04-25$752,000 · $196/SF
2001-03-23$672,500 · $176/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$4,800/mo
Property address2622 Lakeview Dr, Raleigh, NC 27609
4 bed4 bath3,840 sq ft$1.25/SF
Leased Aug 1, 2025
Subject difference
  • 3 SF smaller
  • 0.5 fewer bathrooms
Research comparison noteSimilar size and condition, strong rental demand
02Monthly rent$4,500/mo
Property address2618 Lakeview Dr, Raleigh, NC 27609
4 bed3.5 bath3,750 sq ft$1.2/SF
Leased Jul 15, 2025
Subject difference
  • 93 SF smaller
  • 1 fewer bathroom
Research comparison noteSlightly smaller, comparable condition
Research findings & due diligence

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

Key findings

  • Assessed value $1,202,243 (land $723,188, improvements $479,055) — annual taxes $10,505
  • Zoned R-4 allowing single-family use with potential for accessory dwelling units
  • 3 comparable sales within 0.5 miles in last 12 months range $2,100,000–$2,200,000
  • Average days on market in Country Club Hills: 30 days (seller's market)

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 zoning restrictions and potential for accessory dwelling units
  • Professional home inspection
  • Roof condition assessment
Highlights & features

What stands out about this property.

Interior Features

  • 4 bedrooms, 4.5 bathrooms across 3,843 SF
  • Chef-inspired kitchen with Miele appliances and oversized island
  • Two main living areas with working fireplaces
  • First-floor primary suite with dual custom closets
  • Private home office
  • Central air and heat pump heating system
  • Renovated primary bath and high-quality finishes

Exterior & Lot

  • 0.45-acre level lot (19,602 SF)
  • Circular driveway with ample parking (est. 6 spaces)
  • Expansive front porch and mature landscaping
  • Brick and fiber cement construction
  • Shingle roof (age to be verified)
  • Lot suitable for pool or expanded outdoor entertaining
  • No attached garage

Location & Neighborhood

  • Country Club Hills neighborhood—prestigious midtown Raleigh enclave
  • Adjacent to Carolina Country Club (0.2 mi)
  • North Hills shopping and dining 1.5 miles
  • Top-rated Wake County schools within 2 miles
  • R-4 zoning allows single-family and accessory dwelling units

Walkability & Recreation

  • Walkability Rating: 55/100 — Somewhat Walkable (daily errands likely require a short drive)
  • Carolina Country Club (0.2 mi) — golf and private club amenities
  • North Hills shopping and restaurants (1.5 mi)
  • Neighborhood offers tree-lined streets and established sidewalks
  • Community and recreational amenities within quick driving distance
Research transparency

Sources & research confidence.

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

View sources & confidence
1
MLS listing for 2638 Lakeview DrView source
2
Redfin listing for 2638 Lakeview DrView source
3
Zillow listing for 2638 Lakeview DrView source
4
Realtor.com listing for 2638 Lakeview DrView source
5
Howard Hanna listing for 2638 Lakeview DrView source
6
RE/MAX listing for 2638 Lakeview DrView source
7
Zillow listing for 2630 Lakeview DrView source
8
Realtor.com listing for 2730 Lakeview DrView source
9
MLS listing for 2635 Lakeview DrView source
10
Zillow listing for 2610 Lakeview DrView source
11
Zillow listing for 2618 Lakeview DrView source
12
City of Raleigh Annual Action Plan 2023-2024View source
13
City of Raleigh Annual Action Plan 2025View 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.