$130,000
0 Bed · 1 Bath · 514 Sq Ft
514 sqft studio overlooking Beaman Lake — turnkey and investment-ready
0
Beds
1
Baths
514
Sq Ft
1983
Built
None
Garage
What sets this studio apart is the view — step inside a freshly updated 514 sq ft residence that fronts Beaman Lake and offers a quiet outlook uncommon for a condo so close to the city. From the building you can see water and mature trees that frame afternoon and evening skies; the setting lends a calm ambiance whether you’re settling in after work or entertaining a few guests.
Inside, the space feels intentional. Laminate hardwood flooring runs throughout the main area, and the recent kitchen refresh includes stainless-steel appliances and granite countertops that provide both style and function in a compact footprint. The studio’s layout makes efficient use of every square foot: defined cooking and living zones, a full bath with updated surfaces, and the convenience of an in-unit washer and dryer that eliminates trips to a shared laundry room.
Mechanical comfort comes from central AC and electric forced-air heating, and the unit has been maintained in good condition since its last sale in 2023. Surface and on-street parking are available outside the building. This property’s combination of modern finishes and a lakeside aspect makes it appealing to first-time buyers, downsizers, and investors who want rental-ready inventory in a high-demand neighborhood.
Location is a major benefit. Brentwood’s green spaces — Beaman Lake is literally steps away and Brentwood Park is within a short walk — make it easy to get outside for a run or a dog walk. North Hills shopping and dining are about 3.5 miles away, WakeMed approximately 2.5 miles, and downtown Raleigh roughly 4 miles, putting major job centers and amenities within an easy drive. With limited condo inventory locally and condos in this pocket typically moving in 30–45 days, this studio is well positioned for a quick resale or steady rental income.
Buyers should review HOA documents and confirm any rules or fees, and complete standard inspections (HVAC assessment recommended given the building’s 1983 construction). For someone seeking a low-maintenance pied-à-terre or a high-demand rental near parks, healthcare, and downtown, this studio offers a rare mix of view, updates, and location.
Brentwood is a mature Raleigh neighborhood prized for its easy access to neighborhood green space and city amenities. Residents enjoy morning walks around Beaman Lake or quick outings to Brentwood Park. The area offers a quiet, residential feel while keeping North Hills’ shopping and dining, WakeMed’s medical campus, and downtown Raleigh just a short drive away. The community attracts professionals, small-household owners, and investors who value proximity to parks and central Raleigh without the downtown price tag.
The Brentwood pocket around Beaman Lake is currently a seller’s market for condos. Inventory levels sit at roughly 2.5 months — below a balanced-market threshold — and condos in the area typically sell within 30–45 days, with an average days on market near 36. Local one-bedroom and studio comps over the past three years show sale prices clustering between $110k and $120k, with a valuation model for this unit placing fair market value between $125k and $135k (midpoint $130k). One-year appreciation is modest (~5%), while five-year appreciation is stronger (~25%), reflecting steady demand and limited supply. Rental demand is robust: comparable studio leases show monthly rents around $1,095–$1,235, producing an estimated gross rental yield near 11% based on a $130k price. For buyers, that combination means two clear opportunities: owner-occupiers can secure a turnkey, low-maintenance lakeside condo near downtown, while investors can expect near-term rental demand and reasonable cash-flow potential. Recommendations: come prepared with financing or proof of funds, review HOA rules and capital reserves closely, and prioritize inspections of HVAC and building systems before close.
Brentwood Elementary
Elementary · 0.4 mi
East Millbrook Middle
Middle · 1.1 mi
Heritage High
High · 2.3 mi
Excellent local park access with Beaman Lake and Brentwood Park within walking distance, neighborhood paths for running and walking, and easy drives to larger trail networks and recreation at North Hills.
Updated studio condo with lake view in a desirable Raleigh neighborhood, offering strong rental potential and steady appreciation. Recent renovations reduce maintenance risks, and the property's location near major amenities enhances its appeal.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$125K
Midpoint
$130K
High
$135K
$253/SF estimated price per square foot
Sales comparison approach using recent sales of similar studio condos in the area. Adjusted for size, condition, and lake view premium.
As of 2026-03-08
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
The area has experienced steady population growth and increasing property values over the past five years. Walkability Rating estimate: 65/100.
Proximity to Beaman Lake offers scenic views and recreational opportunities. Brentwood Park provides additional green space. Convenient access to shopping, dining, and healthcare facilities.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$206/SF
Arm's length transaction
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