See Home Value
$518,000
● House - Off Market

405 Newquay Lane

Wake Forest, NC 27587
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,631 Ft²
$2,999
Est. Monthly

About This Property

Nestled on a quiet cul de sac in the highly desirable Twin Creeks at Olde Mill Stream community, this beautifully maintained home offers timeless curb appeal and a location that is hard to beat. Just a short stroll from beloved E. Carroll Joyner Park, where families gather year round for walks, events, and photos, the neighborhood is known for its custom built homes, established landscaping, and welcoming atmosphere. Residents also enjoy easy access to Richland Creek Trail, Historic Downtown Wake Forest, local shops and restaurants, and the beautiful historic campus of Southeastern Baptist Theological Seminary.  The attractive exterior features fiber cement siding, cedar shake accents, stone details, and a welcoming covered front porch overlooking beautiful landscaping and seasonal blooms. The private backyard is framed by mature trees and protected land beyond the property, while the screened porch offers a peaceful place to relax and enjoy views of the creek and surrounding natural landscape.  Inside, a light filled two story foyer welcomes you with freshly buffed hardwood floors throughout much of the main level. French doors open to a private home office, while a separate dining room showcases a bay window and elegant wainscoting. Crown molding, recessed lighting, and thoughtful finishes add warmth and character throughout the home.  The open kitchen, breakfast area, and family room create the heart of the home. The kitchen features 42 inch cabinetry, newer Frigidaire stainless steel appliances, and ample workspace for everyday living and entertaining. The family room is anchored by a fireplace and opens seamlessly to the screened porch, creating an ideal flow for indoor and outdoor living.  Additional main level features include a spacious laundry room with cabinetry and a utility sink. Upstairs, the primary suite offers two walk in closets and an updated bath featuring quartz countertops and a soaking tub with a recently replaced motor. Two secondary bedrooms, a hall bath with double vanity and tiled tub shower surround, and a spacious bonus room provide flexible living spaces to fit a variety of needs.  One of the home's most impressive features is the approximately 1174 square foot walk out unfinished basement. Already framed and wired, with windows, exterior access, recessed lighting, and a rough in for a future bathroom, this space offers tremendous potential for expansion. Whether envisioned as a recreation room, guest suite, workshop, home gym, playroom, or additional living area, the possibilities are extensive. A walk up attic provides even more storage and future expansion opportunities.  The fenced backyard was replaced in 2025, and the home is served by two HVAC systems with gas furnaces installed in 2017 and 2022, both professionally maintained and regularly serviced by Mitchell Heating and Air.  Offering privacy, character, quality construction, and room to grow in one of Wake Forest's most beloved neighborhoods, this is a wonderful opportunity to enjoy the charm, convenience, and natural beauty of Olde Mill Stream.
Unit Size
2,631 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$201
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
2002

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Last updated: 3 months ago (TMLS #10172920)

Price History

Date / Event Date Event Price
Jul 31, 2026 Sold
Sold
Jul 1, 2026 In contract -
In contract
Jun 9, 2026 Listed by Coldwell Banker HPW $529,900
Listed by Coldwell Banker HPW
Mar 14, 2003 Sold
Sold
Aug 14, 2002 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 1
  • Roof Cover Type: 0
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,432
  • Building Area: 2,432
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLDE MILL STREAM SUB
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO5 OLDE MILL STREAM SUB PH4A BM2001-01468

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054204

Zoning

  • Zoning: GR3

Geography

  • Account Number: 0287424
  • District: 19
  • Parcel: 1841.07-69-1121 0287424
  • Lot: 5
  • Municipality: WAKE FOREST
  • Latitude: 35.9996
  • Longitude: -78.5059

    Address

  • Full Address: 405 Newquay Ln
  • Address - House Number: 405
  • Address - Street Name: Newquay
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R019
  • 4-Digit Zip Code: 5183
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $358,416

    Appraisal Valuation

  • Standard Deviation: 0.1307
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 543,211
  • High Value: 614,238
  • Low Value: 472,183

    Market Valuation

  • Market Total Value: $319,799
  • Market Land Value: $51,000
  • Market Improvement Value: $268,799

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $319,799
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $268,799

    Sales

  • Current Sale Contract Date: Mar 14, 2003
  • Current Sale Recording Date: Mar 14, 2003
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 14, 2002
  • Previous Sale Contract Date: Aug 13, 2002
  • Previous Sale Amount: $38,000
  • 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 Olde Mill Stream


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Nearby Rentals

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Unit for rent at 335 E Pine Avenue, Wake Forest, NC, 27587

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Frequently Asked Questions

When was property at 405 Newquay Lane built and last sold?
The property at 405 Newquay Lane was built in 2002 and last sold on Mar 14, 2003 for $275,000.
How much is this home worth?
The estimated value of the home located at 405 Newquay Lane is $533,700.
What are some comparable homes to 405 Newquay Lane?
There are currently no comparable homes to 405 Newquay Lane.