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.
2019 Cottage-Style 3BR/2BA Near Historic Downtown Fuquay-Varina
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.
See the properties helping shape the valuation.
Comparable sales
- 67 SF smaller
- Similar lot size
- Same year built
- 915 SF larger
- 0.5 additional bathrooms
- Similar lot size
- Same year built
- 1,765 SF larger
- 3 additional bedrooms
- 2 additional bathrooms
- 1,307 SF larger lot
- 2 years older
A 2019 cottage on 0.14 acres.
Building
Site & utilities
The Ridge at Kenneth Creek
Researched nearby locations
Location
729 Leatherstone Ln, Fuquay Varina, NC 27526
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.
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.
A factual market snapshot around 729 Leatherstone Ln.
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.
Residential Medium Density
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
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
- Same living area
What the research supports — and what is still worth verifying.
Key findings
- Built in 2019 with 1,556 SF of living space
- Listed for $300,000, offering potential for value addition
- Assessed value of $336,521 aligns with market estimate
- Subject to North Carolina upset bid process
- Located in The Ridge at Kenneth Creek neighborhood
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify any existing warranties or builder guarantees
- Review HOA covenants and restrictions
- Professional home inspection
- Assess potential costs for cosmetic updates
What stands out about this property.
Interior Features
- 1,556 square feet, 1.5 stories
- First-floor primary bedroom with walk-in shower
- Two oversized upstairs bedrooms; one offers ensuite access
- Open living area anchored by a fireplace
- Central heating and air
- Average condition with opportunity for cosmetic updates
Exterior & Lot
- 0.14-acre level lot (approximately 6,098 SF)
- Vinyl siding and shingle roof
- Concrete driveway with parking for two vehicles
- Standard residential frontage on Leatherstone Ln
- No attached garage
Location & Neighborhood
- The Ridge at Kenneth Creek neighborhood
- 1.5 miles to Historic Downtown Fuquay-Varina
- 2 miles to South Park; 1.8 miles to Fuquay-Varina Community Library
- Part of Wake County Public School System
- Within Raleigh-Cary MSA commuting area
Walkability & Recreation
- Walkability Rating: 45/100 — Car-Dependent
- Historic Downtown Fuquay-Varina (1.5 miles) for shopping and dining
- South Park nearby (2 miles) for outdoor access and community events
- Fuquay-Varina Community Library (1.8 miles)
- Easy access to local green spaces and community amenities
Sources & research confidence.
See where the property research came from and how confidence varies by field.