See Home Value
$1,425,000
● House - Off Market

1005 Collins Drive

Raleigh, NC 27609
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,081 Ft²
$8,286
Est. Monthly
1.36%
Cap Rate

About This Property

Welcome to 1005 Collins Drive, an exquisite custom-built Craftsman estate in the highly sought-after Chestnut Hills neighborhood of North Raleigh. Perfectly priced, this 5,081-square-foot energy saving residence, built in 2015 by Grayson Homes as a personal residence, delivers elegance, efficiency, and exceptional craftsmanship. The heart of the home is a gourmet kitchen featuring a 48'' Miele gas range with six burners, double ovens, a warming drawer, beverage cooler, expansive quartz countertops, custom cabinetry, and a large island perfect for entertaining. The main level includes a serene primary suite with white oak flooring throughout, a spa-inspired bath, and a spacious walk-in closet. You'll also find an elegant office and formal dining room. Upstairs offers three generously sized bedrooms, two full bathrooms, and a versatile bonus room ideal for play, work, or guests. The lower level is a true entertainment haven with a full theater room, additional bonus space, a second kitchen and bar, plus a private bedroom and full bath-perfect for multigenerational living or hosting. This area opens to a covered porch and a stunning stone paver patio with a fire pit, all enclosed in a fenced backyard oasis. This smart home is loaded with modern conveniences, including Nest thermostats, a whole-house dehumidifier, a tankless water heater, and energy-saving spray foam insulation with 2x6 exterior walls. Located just minutes from North Hills, you'll enjoy quick access to Raleigh's best shopping, fine dining, and vibrant nightlife. 1005 Collins Drive is more than a home-it's a lifestyle. Schedule your private tour today and experience luxury living in one of Raleigh's most desirable communities.
Unit Size
5,081 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$295
Property Type
House
Property Taxes
$921
HOA Dues
-
Year Built
2015

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Cap Rate Calculator

Last updated: 2 years ago (TMLS #10093976)

Price History

Date / Event Date Event Price
Sep 9, 2025 Sold
Sold
Aug 14, 2025 In contract -
In contract
May 27, 2025 Price Decreased $1,500,000
↓ $200K (11.8%)
Price Decreased
May 4, 2025 Listed by West & Woodall Real Estate - D $1,700,000
Listed by West & Woodall Real Estate - D
Apr 3, 2025 Price Decreased $1,700,000
↓ $50K (2.9%)
Price Decreased
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,051
  • Garage Type: 7
  • Garage Square Area: 575
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 4,605
  • Building Area: 4,605
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,605
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHESTNUT HILLS EST
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO1 CHESTNUT HILLS EST BM2015-00583

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053716

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0015567
  • District: 07
  • Parcel: 1706.10-26-7151 0015567
  • Lot: 1
  • Municipality: HOUSE CREEK
  • Latitude: 35.8546
  • Longitude: -78.6532

    Address

  • Full Address: 1005 Collins Dr
  • Address - House Number: 1005
  • Address - Street Name: Collins
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C007
  • 4-Digit Zip Code: 4322
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $843,085

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 96
  • Final Value: 1,256,194
  • High Value: 1,341,312
  • Low Value: 1,171,075

    Market Valuation

  • Market Total Value: $771,638
  • Market Land Value: $200,000
  • Market Improvement Value: $571,638

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $771,638
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $571,638

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 06, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 15, 2016
  • Previous Sale Contract Date: Apr 13, 2016
  • Previous Sale Amount: $645,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Hills


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Frequently Asked Questions

When was property at 1005 Collins Drive built and last sold?
The property at 1005 Collins Drive was built in 2015 and last sold on Sep 6, 2023 for $1,795,000.
How much is this home worth?
The estimated value of the home located at 1005 Collins Drive is $0.
What are some comparable homes to 1005 Collins Drive?
There are currently no comparable homes to 1005 Collins Drive.