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For sale
  • Price cut: $10K (7/31)
    $490,000

    121 Winchester Dr, Wendell, NC 27591

    4beds
    2,403sqft
    : 
    $2,917/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1978
    1.48 Acres Lot
    $487,500 Zestimate®
    $204/sqft
    $-- HOA

    What's special

    Modern farmhouse charmStunning exterior transformationAmple parkingUsable outdoor space
    Rare financing opportunity with a potential assumable 2.25% mortgage available for qualified buyers. Contact the listing agent for details. If you've been waiting for the right opportunity, this is it! Freshly painted white with black shutters, this home has undergone a stunning exterior transformation that enhances its curb appeal and modern farmhouse charm. A rare opportunity to own a truly unique property offering 1.48 acres, no HOA, no city taxes, and the flexibility of two separate living spaces under one roof, all while being conveniently located between Raleigh, Wake Forest, Knightdale, and Zebulon. One of the home's most valuable features is the private suite complete with a kitchenette, full bathroom, private entrance, and dedicated parking. While ideal for multigenerational living, extended family, guests, or potential rental income, the possibilities go far beyond that. Use it as a homeschool classroom, home office, fitness studio, creative workspace, media room, or private retreat. For entrepreneurs and business owners, this space offers a unique opportunity to work from home without sacrificing privacy. With no HOA restrictions and ample parking, the separate entrance creates flexibility for a home-based business, client meetings, or a dedicated workspace without the expense of leasing a separate office. Unlike many homes in the area, this property combines privacy, usable outdoor space, and versatility in a way that's becoming increasingly difficult to find. The expansive 1.48-acre lot provides room to entertain, garden, work on projects, park multiple vehicles, store equipment, enjoy outdoor hobbies, or simply embrace the freedom that comes with owning land without HOA restrictions. Inside, the home has been thoughtfully updated and reimagined to support modern living with flexible spaces, multiple living areas, and a layout designed to adapt as your needs evolve. Whether you're looking for space for family, a dedicated homeschool setup, a private office, room for a home-based business, supplemental income potential, or simply more freedom than a traditional neighborhood can offer, this property delivers possibilities that are hard to find in today's market. Properties offering this combination of land, privacy, no HOA, no city taxes, flexible living space, and convenient access to Raleigh, Wake Forest, Knightdale, and Zebulon rarely come to market, especially at this price point.
    66 days
    |
    1,659
    |
    166
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Yandry Mastromihalis 743-300-5983,

    eXp Realty, LLC - C,

    Jovanny Theo Mastromihalis 646-771-7620,

    eXp Realty, LLC - C

    Source: Doorify MLS,MLS#: 10170638MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Bar Fridge, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Purifier, Water Purifier Owned, Water Softener Owned
      • Laundry: Upper Level
      Features
      • Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, Pantry
      • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
      • Windows: Bay Window(s), Double Pane Windows, Shutters
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,403
      • Total interior livable area: 2,403 sqft
      • Finished area above ground: 2,403
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 6
      • Parking features: Concrete, Garage, Garage Door Opener, Garage Faces Front, RV Access/Parking
      • Attached garage spaces: 2
      • Uncovered spaces: 2
      Accessibility
      • Accessibility features: Reinforced Floors
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Front Porch, Rear Porch, Screened
      • Exterior features: Basketball Court, Fenced Yard, Private Yard, Storage
      • Fencing: Fenced, Full
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 1.48 Acres
      • Features: Back Yard, Front Yard, Many Trees, Private, Wooded
      Details
      • Additional structures: Shed(s)
      • Parcel number: 177601251045000 0104580
      • Zoning: R-40
      • Special conditions: Seller Licensed Real Estate Professional
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Cedar
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1978

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Winchester
      HOA
      • Has HOA: No
      Location
      • Region: Wendell

      Financial & listing details

      • Price per square foot: $204/sqft
      • Tax assessed value: $428,134
      • Annual tax amount: $2,758
      • Date on market: 5/29/2026
      • Road surface type: Concrete

        Estimated market value

        $487,500

        $463,000 - $512,000

        $2,370/mo

        Price history

        DateEventPrice
        7/31/2026Price change$490,000-2%$204/sqft
        Source: Doorify MLS #10170638 Report a problem
        7/29/2026Price change$500,000-1.9%$208/sqft
        Source: eXp Realty #10170638 Report a problem
        7/24/2026Price change$509,900-3.8%$212/sqft
        Source: eXp Realty #10170638 Report a problem
        7/20/2026Price change$530,000-3.6%$221/sqft
        Source: Doorify MLS #10170638 Report a problem
        7/14/2026Price change$550,000-2.7%$229/sqft
        Source: Doorify MLS #10170638 Report a problem
        7/3/2026Pending sale$565,000$235/sqft
        Source: Doorify MLS #10170638 Report a problem
        6/12/2026Price change$565,000-1.7%$235/sqft
        Source: Doorify MLS #10170638 Report a problem
        5/29/2026Listed for sale$575,000-0.9%$239/sqft
        Source: Doorify MLS #10170638 Report a problem
        5/27/2026Listing removed$580,000$241/sqft
        Source: eXp Realty #10162855 Report a problem
        5/23/2026Price change$580,000-1.7%$241/sqft
        Source: Doorify MLS #10162855 Report a problem
        5/17/2026Price change$589,999-1.7%$246/sqft
        Source: Doorify MLS #10162855 Report a problem
        5/9/2026Price change$599,999-2.4%$250/sqft
        Source: Doorify MLS #10162855 Report a problem
        5/1/2026Listed for sale$614,999+75.7%$256/sqft
        Source: Doorify MLS #10162855 Report a problem
        6/17/2021Sold$350,000-2.8%$146/sqft
        Source: Doorify MLS #2382397 Report a problem
        5/7/2021Pending sale$359,900$150/sqft
        Source: Doorify MLS #2382397 Report a problem
        5/7/2021Listed for sale$359,900-2.7%$150/sqft
        Source: Doorify MLS #2382397 Report a problem
        5/4/2021Listing removed--
        Source: Doorify MLS #2377422 Report a problem
        4/13/2021Listed for sale$369,900+89.8%$154/sqft
        Source: Doorify MLS #2377422 Report a problem
        1/21/2011Listing removed$194,900$81/sqft
        Source: Keller Williams Realty #1659170 Report a problem
        5/22/2010Listed for sale$194,900+5.4%$81/sqft
        Source: Keller Williams Realty #1659170 Report a problem
        9/23/2009Sold$185,000-5.1%$77/sqft
        Source: Doorify MLS #1659170 Report a problem
        7/18/2009Price change$194,900-4.9%$81/sqft
        Source: CB Johnson #1659170 Report a problem
        6/26/2009Price change$204,900-4.7%$85/sqft
        Source: CB Johnson #1659170 Report a problem
        5/17/2009Price change$214,900-4.4%$89/sqft
        Source: CB Johnson #1659170 Report a problem
        4/29/2009Listed for sale$224,900-6.3%$94/sqft
        Source: Listhub #1659170 Report a problem
        7/25/2008Listing removed$239,900+42%$100/sqft
        Source: Homes & Land Report a problem
        4/4/2007Sold$169,000$70/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,758 +3%$428,134
        2024$2,679 +30.4%$428,134 +64.1%
        2023$2,055 +7.9%$260,943
        2022$1,905 +23.9%$260,943
        2021$1,537 +1.7%$260,943
        2020$1,512 -8.3%$260,943 +30.8%
        2019$1,649 $199,447
        2018$1,649 +14.7%$199,447
        2017$1,438 +2.1%$199,447
        2016$1,409 +9.5%$199,447 +9.4%
        2015$1,286 +163.7%$182,360
        2014$488 $182,360
        2013-- $182,360
        2012-- $182,360
        2011-- $182,360
        2010-- $182,360
        2009-- $182,360
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27591

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - Forestville Road Elementary
        • Middle: Wake - Neuse River Middle
        • High: Wake - Knightdale High

        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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