Privacy. Character. Community. Framed by majestic willow oak trees and bordering the Wake Forest Historical Museum and the historic Dr. Calvin Jones House, this tall, stately beauty sits in an unusually private setting with remarkably few residential neighbors - yet you're only a 5-10 minute walk along tree-lined sidewalks through the Historic District to coffee shops, breakfast, and downtown. Friday Night on White, the Wake Forest Farmers Market, and other beloved community events are minutes from your front door. Floor-to-cathedral ceiling windows draw natural light into the living room, where built-in bookshelves and a fireplace create an inviting space. Just beyond, the three-seasons room offers the perfect sunny spot to unwind while enjoying the backyard. The updated kitchen features quartz countertops, tile backsplash, apron sink, recessed lighting, under-cabinet lighting, and an eat-in dining area. Side entry to the kitchen makes grocery days a breeze. A formal dining room adds even more flexibility for hosting. The large first-floor laundry room is carefully tucked out of sight with a utility sink and a laundry chute! A first-floor front office showcases rich natural woodwork, and includes direct access to a full bathroom. Beautifully maintained and refinished hardwood floors flow through the main floor. New carpet throughout the second floor. The upstairs primary suite includes a walk-in closet with built-in shelving, dual vanities, tiled shower, and a separate soaking tub facing the private backyard. The third floor offers skylights, built-in bookcases, multiple rooms, abundant closet space, and a half bath—ideal as a bonus rooms, a guest suite, play areas, or creative space. Storage is thoughtfully incorporated throughout: built-in shelving, generous closets, walk-in eaves, and a backyard shed outside. The details continue with an oversized driveway, an invisible fence line, and a low-maintenance brick veneer exterior. Even the front and side entry doorbells have their own distinctive chimes heard throughout the home.
For sale
Price cut: $25K (9/8)
$650,000
118 E Walnut Ave, Wake Forest, NC 27587
4beds
3,371sqft
Single Family Residence
Built in 1991
0.48 Acres Lot
$636,500 Zestimate®
$193/sqft
$-- HOA
What's special
Unusually private settingRecessed lightingInvisible fence lineLow-maintenance brick veneer exteriorBuilt-in bookcasesMajestic willow oak treesTiled shower
- 62 days
- 1,968
- 135
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Katie Lynam 919-500-1354,
Keller Williams Realty
Source: Doorify MLS,MLS#: 10179144
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Second
- Area: 194.79 Square Feet
- Dimensions: 15.1 x 12.9
Bedroom 2
- Level: Second
- Area: 140.36 Square Feet
- Dimensions: 12.1 x 11.6
Bedroom 3
- Level: Third
- Area: 121.8 Square Feet
- Dimensions: 11.6 x 10.5
Bedroom 4
- Level: Main
- Area: 136.85 Square Feet
- Dimensions: 11.9 x 11.5
Primary bathroom
- Level: Second
- Area: 210 Square Feet
- Dimensions: 21.0 x 10.0
Bonus room
- Level: Third
- Area: 474.88 Square Feet
- Dimensions: 22.4 x 21.2
Breakfast room
- Level: Main
- Area: 37.13 Square Feet
- Dimensions: 7.9 x 4.7
Dining room
- Level: Main
- Area: 146.4 Square Feet
- Dimensions: 12.2 x 12.0
Other
- Level: Main
- Area: 75.6 Square Feet
- Dimensions: 9.0 x 8.4
Family room
- Level: Main
- Area: 308.46 Square Feet
- Dimensions: 19.4 x 15.9
Kitchen
- Level: Main
- Area: 216.58 Square Feet
- Dimensions: 18.2 x 11.9
Mud room
- Description: Laundry
- Level: Main
- Area: 68.82 Square Feet
- Dimensions: 9.3 x 7.4
Other
- Description: Flex Room
- Level: Second
- Area: 121 Square Feet
- Dimensions: 12.1 x 10.0
Heating
- Heat Pump, None
Cooling
- Central Air
Appliances
- Included: Disposal, Dishwasher, Electric Cooktop, Gas Water Heater, Microwave
- Laundry: Electric Dryer Hookup, Laundry Chute, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, High Ceilings, Natural Woodwork, Pantry, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s), Shower Only, Separate Shower, Bathtub/Shower Combination, Water Closet, Quartz Counters, Smooth Ceilings
- Flooring: Carpet, Ceramic Tile, Hardwood, Slate, Tile, Vinyl
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas Log
Interior area
- Total structure area: 3,371
- Total interior livable area: 3,371 sqft
- Finished area above ground: 3,371
- Finished area below ground: 0
Property
Parking
- Parking features: Concrete, Driveway, Open, On Site, Oversized, Private
- Has uncovered spaces: Yes
Features
- Levels: Three Or More,Tri-Level
- Stories: 3
- Patio & porch: Enclosed, Front Porch, Patio, Porch, Side Porch
- Exterior features: Lighting, Rain Gutters
- Fencing: Invisible
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.48 Acres
- Features: Landscaped, Private, Hardwood Trees
- Residential vegetation: Grassed, Partially Wooded
Details
- Additional structures: Pergola, Shed(s), Storage
- Parcel number: 184115536300000 0186666
- Zoning: GR3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Crawlspace
- Roof: Copper,Shingle
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks, Historical Area
HOA
- Has HOA: No
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $588,809
- Annual tax amount: $5,886
- Date on market: 7/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt, Paved
Estimated market value
$636,500
$605,000 - $668,000
$3,177/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Price change | $650,000-3.7%$193/sqft |
Source:  Doorify MLS #10179144 Report a problem | ||
| 8/13/2026 | Price change | $675,000-3.6%$200/sqft |
Source: Doorify MLS #10179144 Report a problem | ||
| 7/10/2026 | Listed for sale | $700,000+70.3%$208/sqft |
Source: Doorify MLS #10179144 Report a problem | ||
| 6/24/2020 | Sold | $411,000+20.2%$122/sqft |
Source: Public Record Report a problem | ||
| 3/25/2011 | Sold | $342,000-2.3%$101/sqft |
Source: Public Record Report a problem | ||
| 12/5/2010 | Price change | $349,999-2.8%$104/sqft |
Source: Real Living Pittman Properties #1731926 Report a problem | ||
| 11/12/2010 | Listed for sale | $359,900+22.4%$107/sqft |
Source: Real Living Pittman Properties #1731926 Report a problem | ||
| 7/26/2001 | Sold | $294,000$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,538 +0.4% | $588,809 |
| 2024 | $5,517 +16.4% | $588,809 +44.9% |
| 2023 | $4,741 +4.2% | $406,309 |
| 2022 | $4,548 +1.8% | $406,309 |
| 2021 | $4,469 -1.3% | $406,309 -1.3% |
| 2020 | $4,529 +7.5% | $411,753 +21.8% |
| 2019 | $4,213 | $337,959 |
| 2018 | $4,213 +9.3% | $337,959 |
| 2017 | $3,856 +1.3% | $337,959 |
| 2016 | $3,807 -11.6% | $337,959 -10.6% |
| 2015 | $4,308 +3.3% | $378,004 |
| 2014 | $4,170 | $378,004 |
| 2013 | -- | $378,004 |
| 2012 | -- | $378,004 |
| 2011 | -- | $378,004 |
| 2010 | -- | $378,004 |
| 2009 | -- | $378,004 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27587
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Wake Forest Elementary
- Middle: Wake - Wake Forest Middle School
- High: Wake - Wake Forest High School
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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