Sales comparison approach using recent sales of similar studio condos in the area. Adjusted for size, condition, and lake view premium.
Renovated Studio Condo with Beaman Lake Views and Upgrades
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.
See the properties helping shape the valuation.
Comparable sales
- 2 SF smaller
- Same year built
- 304 SF larger
- 1 additional bedroom
- Same year built
- 2 SF smaller
- Same year built
A 1983 studio.
Building
Site & utilities
Brentwood
Researched nearby locations
Location
3071 Huntleigh Dr #3071, Raleigh, NC 27604
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.
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.
A factual market snapshot around 3071 Huntleigh Dr #3071.
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.
Office Mixed Use - 4 Stories
Zoning
Research-indicated uses
- Residential
- Office
- Commercial
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
- 2 SF smaller
- 2 SF smaller
What the research supports — and what is still worth verifying.
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
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly obtained
- Review HOA regulations and fees
- Professional home inspection
- HVAC system condition assessment
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.