Property listing for 3071 Huntleigh Dr #3071, Raleigh, NC 27604
For SaleCondo

$130,000

3071 Huntleigh Dr #3071, Raleigh, NC 27604

Renovated Studio Condo with Beaman Lake Views and Upgrades

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

About 3071 Huntleigh Dr #3071

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.

Home Highlights

Lake view over Beaman LakeRecently updated kitchen with granite and stainless steelIn-unit washer and dryer514 sq ft — turnkey studioCentral ACStrong rental demand and solid yield potentialSurface/on-street parkingClose to North Hills and downtown Raleigh

Property Features

Interior Features

  • Studio layout (514 sqft)
  • Laminate hardwood flooring throughout
  • Granite countertops
  • Stainless steel appliances
  • In-unit washer and dryer
  • 1 full bathroom
  • Central AC and electric forced-air heating
  • Good condition — recently updated finishes

Exterior & Lot

  • Lake view of Beaman Lake
  • Surface / on-street parking
  • Level topography
  • Wood frame construction (1983)
  • Shingle roof

Location & Neighborhood

  • Brentwood neighborhood — quick access to Beaman Lake and Brentwood Park
  • Approximately 3.5 miles to North Hills Shopping Center
  • About 2.5 miles to WakeMed Raleigh Campus
  • Around 4 miles to Downtown Raleigh
  • Short commute to major employment corridors

Walkability & Recreation

  • Walkability Rating: 65/100 — Some walkable amenities and nearby parks
  • Beaman Lake (0.1 mi) and Brentwood Park (0.5 mi)
  • Short drives to North Hills dining and retail (3.5 mi)
  • Running and walking paths around the lake
  • Community green spaces for outdoor recreation

Neighborhood & 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.

Market Insights

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.

Nearby Schools

Brentwood Elementary

Elementary · 0.4 mi

5/10

East Millbrook Middle

Middle · 1.1 mi

1/10

Heritage High

High · 2.3 mi

7/10

Walkability & Recreation

65
Walkability
80
Recreation

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.

Investment Highlights

  • Recently updated with modern finishes, reducing near-term maintenance costs
  • Lake view adds a premium to property value
  • Strong rental demand in the area, indicating potential for rental income
  • Proximity to downtown Raleigh and major amenities enhances desirability
  • Steady appreciation in property values over the past five years

Key Findings

  • Last sold in January 2023 for $106,000; current estimated value is $130,000
  • Assessed value of $118,970; annual property tax of $1,053
  • Located in Brentwood neighborhood with proximity to Beaman Lake and Brentwood Park
  • Comparable sales of similar studio condos range from $125,000 to $135,000
  • Average days on market for condos in the area is 36 days, indicating a seller's market

Things to Consider

  • Built in 1983; potential for aging infrastructure requiring inspection
  • Middle school rating is below average, which may impact family appeal
  • HOA fees and restrictions should be reviewed for any limitations or additional costs

Opportunity Analysis

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.

Potential Use Scenarios

  • Utilize as a rental property to capitalize on strong demand and potential income
  • Hold as a long-term investment to benefit from steady appreciation
  • Monitor HOA regulations for any changes that may impact property use or value

Risk Factors

  • Potential aging infrastructure due to 1983 construction
  • HOA fees and restrictions may impact profitability
  • Middle school rating may affect appeal to families

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

AI Valuation Estimate

Low

$125K

Midpoint

$130K

High

$135K

$253/SF estimated price per square foot

82% confidence

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.

Market & Area Data

Market Trends

Area Median Price$330,000
Avg Days on Market36 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$60,000

The area has experienced steady population growth and increasing property values over the past five years. Walkability Rating estimate: 65/100.

Nearby Points of Interest

  • Beaman Lake (0.1 mi)
  • Brentwood Park (0.5 mi)
  • WakeMed Raleigh Campus (2.5 mi)
  • North Hills Shopping Center (3.5 mi)
  • Downtown Raleigh (4 mi)

Proximity to Beaman Lake offers scenic views and recreational opportunities. Brentwood Park provides additional green space. Convenient access to shopping, dining, and healthcare facilities.

School District

DistrictWake County Public School System
ElementaryBrentwood Elementary (5/10)
MiddleEast Millbrook Middle (1/10)
HighHeritage High (7/10)

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

Property Details

Building Details

Year Built1983
Constructionwood frame
Stories1
Roofshingle
Heatingelectric forced air
Coolingcentral AC
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Topographylevel
Parkingsurface
Parking Spaces1

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy

Zoning & Land Use

Zoning CodeOX-4
DescriptionOffice Mixed Use - 4 Stories
JurisdictionCity of Raleigh

Allowed Uses

residentialofficecommercial
Current Useresidential
Assessor UseCondominium

Tax & Sale History

Tax Assessment

Total Assessed$118,970
Improvements$118,970
Annual Tax (2024)$1,053

Sale History

2023-01-03$106,000

$206/SF

Arm's length transaction

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