$285,000
3 Bed · 2 Bath · 1,183 Sq Ft
Vaulted ceilings, screened porch, big backyard — close to Raleigh
3
Beds
2
Baths
1,183
Sq Ft
1984
Built
0.46 acres
Lot
2-car detached
Garage
This single-story ranch on South Bend Drive stands out for its generous, private lot — roughly 0.46 acres — a rare offering in Ashley Hills. Approaching the home you’ll notice the wide lawn and mature landscaping that frame a detached two-car garage and a welcoming screened porch. Inside, vaulted ceilings open the main living area and create airy sightlines to the fireplace and recently refreshed paint palette.
The 1,183 SF floorplan is efficient and comfortable: a clearly zoned living area with a brick fireplace anchors daily life, while the kitchen and dining zone open to the screened porch, making indoor-outdoor entertaining effortless. Three bedrooms share two full baths; the primary suite provides straightforward access to the backyard for morning coffee or evening stargazing. Recent updates and good overall condition mean this home is ready for immediate occupancy while still offering clear potential for personalization or expansion on the large lot.
Outdoor space is a standout here. The level backyard provides room for gardeners, a play area, or a future addition; zoning (R-20) allows accessory dwelling units, giving buyers flexibility for guest space or rental income subject to town approvals. The detached garage is a practical bonus — ideal for a workshop, storage, or vehicle parking separate from the main house.
Location is quietly convenient. Knightdale’s growth shows in nearby conveniences: Knightdale Station Park (≈1.5 miles), Shoppes at Midway Plantation (≈2 miles) and WakeMed Knightdale Healthplex (≈2.5 miles) are all short drives. The Neuse River Trail is within about three miles for weekend rides or runs. Combined with central AC, forced-air heat, a shingle roof, and public utilities, this property blends suburban ease with strong access to the Raleigh-Cary MSA.
From an ownership perspective, the home has moved recently (sold March 2025 for $287,000) and sits near market value estimates of $275K–$295K. That track record, the large lot and detached garage make 303 South Bend Dr a compelling buy for downsizers, first-time homeowners seeking land, or investors targeting steady Knightdale demand. Important next steps: verify condition of major systems (roof, HVAC) and confirm lot boundaries and any HOA or town requirements prior to contract.
Ashley Hills is a quiet, established neighborhood in Knightdale that appeals to buyers seeking suburban space within easy reach of Raleigh. Streets are lined with mature trees and single-family homes on generous lots. Residents value nearby parks, local dining and shopping corridors, and straightforward access to the Neuse River Trail. With ongoing residential growth across Knightdale and new retail nodes near Midway Plantation, the area balances neighborhood calm with growing conveniences.
Knightdale is currently favoring sellers. Inventory in the area sits around 2.5 months and homes average about 30 days on market — a pace that typically produces multiple-offer scenarios on well-priced single-family homes. Median sale price for the immediate area is approximately $275,000, and the market has shown modest short-term appreciation (≈5% year-over-year) and stronger gains over five years (~25%).
Single-family ranches like 303 South Bend Dr perform especially well here because of limited inventory for move-in-ready homes on larger lots. Recent comps inside a half-mile sold between $275K and $320K in the last 12 months; the subject property’s estimated value range of $275K–$295K and midpoint of $285K aligns with those sales and the $287K sale recorded in March 2025. Days on market and low inventory make this a favorable time for sellers, while buyers who act decisively and bring clean offers can still secure value—particularly with homes that offer usable land or detached garages. Investors will note steady rental demand (estimated rent ~$1,500/month) and a gross yield near 6.3% based on local comps.
Lake Myra Elementary
Elementary
Wendell Middle
Middle
East Wake High
High
Very good recreation access with Knightdale Station Park about 1.5 miles away, the Neuse River Trail within roughly 3 miles, and multiple neighborhood green spaces and community facilities for walking, biking, and weekend outings.
Well-maintained ranch in a growing suburb with recent updates and below-assessed-value pricing. Large lot and detached garage offer additional flexibility. Limited inventory and high demand suggest strong resale potential.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$275K
Midpoint
$285K
High
$295K
$241/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 12 months. Adjusted for lot size, condition, and bedroom count. Assessed value of $261,193 appears below market.
As of 2026-03-07
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Knightdale has experienced significant growth over the past decade, with new residential developments and commercial establishments enhancing the area's appeal.
Proximity to parks, shopping centers, healthcare facilities, and recreational trails.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$242/SF
Arm's length transaction
$135/SF
Arm's length transaction
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