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Raleigh 27615 North Raleigh
2101 Gresham Lake Road
$2,945,000
↓ $50K (1.7%)
● House - For Sale

2101 Gresham Lake Road

Raleigh, NC 27615
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,399 Ft²
$15,684
Est. Monthly

About This Property

Built by Raleigh Custom Homes and designed by acclaimed architect Tony Frazier, this exceptional English Arts & Crafts residence represents one of North Ridge's most compelling turnkey luxury offerings, combining nearly new construction, extensive designer upgrades, and a fully furnished estate-quality presentation. Completed in late 2022 and situated on a beautifully wooded and professionally landscaped 0.612-acre homesite, the residence encompasses approximately 5,399 square feet of thoughtfully designed living space featuring five bedrooms, four full baths, and one half bath. Rich hardwood flooring extends throughout the main level and second-floor foyer, complemented by extensive custom millwork, 7-inch and 9-inch crown moldings, hand-selected Mitzi designer lighting, and exceptional architectural detailing throughout. Luxury ceramic and porcelain tile flooring has been thoughtfully incorporated throughout the bathrooms, laundry room, and owner's suite dressing areas. Spa-inspired baths feature designer tile installations, frameless glass shower enclosures, premium fixtures, and custom finishes, while secondary bedrooms are appointed with luxury carpeting and upgraded padding for enhanced comfort and acoustical performance. Architectural details continue throughout the residence, including decorative wood-beamed ceilings in the owner's suite and a vaulted upper-level bedroom suite. Custom wood organizational systems have been installed throughout bedroom closets, linen closets, storage areas, and the walk-in pantry. The owner's entry from the garage features a custom-designed mudroom with integrated bench seating, shoe storage, coat hooks, and open shelving, combining functionality with refined design. At the heart of the home is a chef's kitchen featuring a professional-grade Jenn Air paneled refrigerator-freezer, Wolf appliances, custom cabinetry, Carrara marble backsplashes with intricate mosaic detailing, and premium stone surfaces throughout. The adjoining living spaces are highlighted by a dramatic solid-slab marble fireplace surround with matching marble-topped custom built-ins, creating an elegant focal point for entertaining and family gatherings. The second floor offers remarkable flexibility and has remained virtually unused since completion. This level includes three additional bedrooms, a spacious secondary living room, a dedicated craft room, generous walk-in storage areas, and a private eight-seat theater room designed for an immersive entertainment experience. The theater room provides a true cinematic experience featuring an 85-inch display, powered theater seating, custom granite bar-top viewing accommodations, built-in entertainment bar, and integrated wine and beverage refrigeration. Outdoor living is equally impressive. The oversized tiled screened porch serves as a true extension of the home's interior living space and features a vaulted ceiling, fireplace, built-in grilling station with ventilation hood, two-stage outdoor gas heaters mounted in the tongue and groove ceilings, marble dining accommodations, and retractable shades that preserve views of the private wooded setting while allowing year-round enjoyment. Mature landscaping, evening landscape illumination, and a private wooded backdrop provide a tranquil setting that enhances both everyday living and outdoor entertaining. Unlike most luxury residences, the home is offered fully furnished, creating a rare turnkey ownership opportunity. Included in the offering is an extensive collection of luxury furnishings highlighted by Bernhardt furniture throughout the residence and a statement Michael Amini dining room suite and buffet, creating a cohesive designer environment rarely available in a resale offering. Custom-designed area rugs and runners complement the home's architectural design and interior palette, while the theater room, living spaces, bedrooms, and entertaining areas have been professionally furnished.
Unit Size
5,399 Ft²
Days on Market
111 days
Land Size
0.61 acres
Price per sqft
$545
Property Type
House
Property Taxes
$1,223
HOA Dues
-
Year Built
1987

Listed By

Mollie Owen
Hodge & Kittrell Sotheby's Int
Haley Sims
Hodge & Kittrell Sotheby's Int

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Last updated: 4 days ago (TMLS #10178625)

Price History

Date / Event Date Event Price
Oct 23, 2026 Price Decreased $2,945,000
↓ $50K (1.7%)
Price Decreased
Jul 8, 2026 Listed by Hodge & Kittrell Sotheby's Int $2,995,000
Listed by Hodge & Kittrell Sotheby's Int
Mar 12, 2025 Sold
Sold
Feb 10, 2025 In contract -
In contract
Feb 4, 2025 Price Increased $2,100,000
↑ $50K (2.4%)
Price Increased
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage
Garage Spaces: 3
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Wet Bar, Bathtub/Shower Combination, Kitchen/Dining Room Combination, Primary Downstairs, Quartz Counters, Smooth Ceilings, Walk-In Shower, Water Closet
Appliances: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Double Oven, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Wine Cooler
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: Laundry Room, Main Level
Rooms: 19
Exterior Details
Square Footage: 5399
Architectural Style: Craftsman
Year Built: 2022
Builder Name: Raleigh Custom homes
Building Area Total: 5399
Levels: Two
Construction Materials: Brick, Fiber Cement
Patio and Porch Features: Covered, Porch
Lot Features: Back Yard, Hardwood Trees
Lot Size Area: 0.61
Lot Size Units: Acres
Lot Size Acres: 0.61
Lot Size Square Feet: 26571.6
Water Source: Public
Financial Details
Tax Assessed Value: $1,612,376
Tax Annual Amount: $14,678
Utilities Details
Cooling Type: Central Air
Heating Type: None
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 2,314
  • Building Area: 2,314
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LOB ROBERT & VIRGINIAYATES 86-1928 BLDPROP

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054011

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0159078
  • District: 13
  • Parcel: 1717.08-78-5033 0159078
  • Lot: B
  • Municipality: NEUSE
  • Latitude: 35.887
  • Longitude: -78.6033

    Address

  • Full Address: 2101 Gresham Lake Rd
  • Address - House Number: 2101
  • Address - Street Name: Gresham Lake
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C046
  • 4-Digit Zip Code: 4204
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $416,030

    Appraisal Valuation

  • Standard Deviation: 0.1306
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 566,027
  • High Value: 639,999
  • Low Value: 492,056

    Market Valuation

  • Market Total Value: $408,919
  • Market Land Value: $168,000
  • Market Improvement Value: $240,919

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $408,919
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $240,919

    Sales

  • Current Sale Contract Date: May 20, 2002
  • Current Sale Recording Date: May 22, 2002
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 13, 2002
  • Previous Sale Contract Date: Mar 05, 2002
  • Previous Sale Amount: $222,932
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: ADJ
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 Raleigh


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Frequently Asked Questions

When was property at 2101 Gresham Lake Road built and last sold?
The property at 2101 Gresham Lake Road was built in 1987 and last sold on May 20, 2002 for $166,000.
How much is this home worth?
The estimated value of the home located at 2101 Gresham Lake Road is $2,974,450.
What are some comparable homes to 2101 Gresham Lake Road?
There are currently no comparable homes to 2101 Gresham Lake Road.