$300,000
3 Bed · 2 Bath · 1,556 Sq Ft
Priced to reflect value-add potential — first-floor primary and one-mile-plus to downtown
3
Beds
2
Baths
1,556
Sq Ft
2019
Built
0.14 acres
Lot
None
Garage
You’ll notice the cottage proportions as soon as you pull onto Leatherstone Lane — a 2019-built home that pairs efficient, modern construction with traditional curb appeal. Inside, the plan is focused on comfort: an open common area centered by a fireplace, a first-floor primary bedroom with a walk-in shower, and two generous upstairs bedrooms (one with ensuite access to the full bath) that make this 1,556-SF layout surprisingly flexible for family life or a work-from-home schedule.
The house sits on a level 0.14-acre parcel with a concrete driveway that accommodates two cars. Exterior construction is practical vinyl siding topped with a shingle roof; mechanical systems include central heat and air. The interior condition is described as average — small cosmetic updates such as fresh paint and new flooring will unlock immediate upside, which helps explain why this listing is priced below recent area medians.
Location is a defining asset. The Ridge at Kenneth Creek places you about 1.5 miles from Historic Downtown Fuquay-Varina’s restaurants and shops, roughly 2 miles from South Park and under two miles to the community library. Commuters benefit from inclusion in the Raleigh-Cary MSA and Wake County’s school network. The property is being offered as-is and is subject to North Carolina’s upset bid process, so buyers should plan for the related timeline and due-diligence steps.
From an investor or owner-occupant perspective, this is a clear value-add opportunity. Comparable sales in the immediate area and the valuation midpoint of roughly $330,000 suggest upside for modest cosmetic improvements. With a sensible budget for paint, flooring, and a few finish upgrades, a buyer can bring this cottage-style home in line with other recent sales while enjoying ready access to downtown conveniences and the steadily appreciating Fuquay-Varina market.
The Ridge at Kenneth Creek blends suburban calm with true proximity to Fuquay-Varina’s walkable downtown. Residents enjoy quick drives to the historic district’s restaurants, breweries and weekend markets, nearby parks for family outings, and community resources like the Fuquay-Varina Library. The neighborhood is attractive to growing households and professionals commuting into the Raleigh-Cary region, offering a small-community feel while benefiting from Wake County services and steady local investment.
Fuquay-Varina currently presents a balanced but active market: inventory is low at roughly 2.5 months and average days on market sit near 79, indicating properties priced right still attract attention but buyers can find room to negotiate. Area median sale price is reported near $444,000, with one-year appreciation around 5% and five-year appreciation about 25%. Single-family cottages and smaller family homes in neighborhoods like The Ridge at Kenneth Creek trade well for move-up and first-time buyers due to proximity to downtown amenities and strong local demand. Recent comparable sales within a half-mile range show sale prices from the mid-$300Ks for similar age homes; the listing at $300,000 places this home below the modeled midpoint valuation (~$330,000), signaling opportunity for buyers willing to invest modestly in cosmetic updates. With supply tight but not extreme, now is an opportune window for buyers targeting properties with upside: financing and inspections should be prioritized given the sale is as-is and subject to the NC upset-bid process.
Fuquay-Varina Elementary
Elementary
Fuquay-Varina Middle
Middle
Willow Spring High
High
Good access to neighborhood parks and community amenities with South Park about 2 miles away, Historic Downtown events 1.5 miles away, and nearby library and green spaces for casual recreation.
Charming 2019-built cottage with potential for value addition through minor updates, located near downtown Fuquay-Varina in a growing community.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$315K
Midpoint
$330K
High
$345K
$212/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and age. Assessed value of $336,521 aligns with market estimate.
As of 2026-03-08
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Fuquay-Varina has experienced significant growth over the past decade, with new residential developments and increased demand for housing.
Close proximity to downtown amenities, parks, and community facilities.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$145/SF
New construction sale
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