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Off market
  • $405,100

    1861 Grandmaster Way, Wake Forest, NC 27587

    4beds
    2,083sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $405,100 Zestimate®
    $194/sqft
    $2,139 Estimated rent

    Home value

    $405,100

    $385,000 - $425,000

    $2,139/mo

    Zestimate® history
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    What's special

    Gas log fireplaceContemporary open-concept floor planCovered front porchOverlooks the private backyardPrivate drivewayEnd unitSprawling family room

    Wake Forest, NC - Towhouse - $1,995.00 This stunning, end unit, luxury townhome is a former model home and is absolutely loaded with high-end finishes and upgrades throughout! Located in an amazing Wake Forest locale; it boasts easy access to Raleigh, I-540, RTP, Durham, and much more. A private driveway, 2 car garage and a covered front porch greets you upon arrival. Once inside, a welcoming foyer leads into a contemporary open-concept floor plan, soaring 9' ceilings, and wide plank hardwood floors throughout the main level. A bench with cubbies adjacent to the garage entry door provides the perfect 'landing space' for shoes, coats, bookbags, etc. The living space includes a sprawling family room with a gas log fireplace and flat panel TV provisions. This space is open to the kitchen and dining area and also overlooks the private backyard, patio, and a lovely screened-in porch. The kitchen in this property is absolutely stunning. It showcasees exotic granite counters, a subway tiled backsplash, a sleek stainless-steel appliance package, LED under-cabinet lighting, a gas oven, loads of cabinetry, a pantry, and a huge island with breakfast bar and an undermount farmhouse-style sink. The luxury extends to the second floor with a primary bedrooom that includes a paneled accent wall, recessed perimeter lighting, two walk-in closets (both with California closet shelving), and an en-suite bathroom boasting dual sinks on an elevated quartz-topped vanity, custom tiled floors, a garden tub, and a fully-tiled walk-in shower with integrated seat and two shower heads. Bedrooms #2 and #3 are both generously proportioned and enjoy easy access to a full hall bathroom with dual sinks on a quartz-topped vanity as well as tiled floors. The 14x14 bonus room (with a window seat, recessed lighting, and ceiling fan) provides that extra space that we all seem to need these days! Property Features Availability: Available for immediate occupancy Tiered Rental Rate: $1,995 for an 18 month lease term. $2,095 for a 12 or 24 month lease term Amazing Location: Superb locale convenient to RTP, I-540, Raleigh, Durham, and more Community Pool: Rent includes access to a sparkling community pool located just behind the home Attached Garage: Enjoy the use of a 2 car garage with direct interior access Lease Term: 12 and 18 month lease terms available Pet Friendly: Owner will consider 1 dog 25# or smaller OR 1 cat. Pets must be neutered/spayed, no puppies or kittens, $150 non-refundable pet deposit required No Carpet Downstairs: Gorgeous wide plank hardwood floors grace entire ground level Rent Includes: Rent includes washer/dryer/refrigerator/lawn/landscaping/pool Upgrades Galore: Former model home loaded with upgrades & high-end finishes from top to bottom NOTES: We do not advertise on Facebook or Craigslist.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Interior area
    • Total interior livable area: 2,083 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Covered
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: , Heating system: ForcedAir, Heating: Gas
    Details
    • Parcel number: 1850598368

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Wake Forest

    HOA & financial

    Other fees
    • Deposit fee: $1,995

    Price history

    DateEventPrice
    12/4/2025Listing removed$1,995$1/sqft
    Source: Zillow Rentals Report a problem
    11/26/2025Price change$1,995-9.1%$1/sqft
    Source: Zillow Rentals Report a problem
    10/4/2025Listed for rent$2,195$1/sqft
    Source: Zillow Rentals Report a problem
    3/7/2025Listing removed$2,195$1/sqft
    Source: Zillow Rentals Report a problem
    2/25/2025Listed for rent$2,195+4.5%$1/sqft
    Source: Zillow Rentals Report a problem
    7/7/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    6/30/2022Listed for rent$2,100+17%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    8/5/2018Listing removed$1,795$1/sqft
    Source: Schambs Property Management Group, Inc. Report a problem
    7/18/2018Listed for rent$1,795$1/sqft
    Source: Schambs Property Management Group, Inc. Report a problem
    3/21/2018Listing removed$1,795$1/sqft
    Source: Schambs Property Management Group, Inc. Report a problem
    2/3/2018Listed for rent$1,795$1/sqft
    Source: Schambs Property Management Group, Inc. Report a problem
    11/16/2015Sold$279,900+459.8%$134/sqft
    Source: Doorify MLS #2029235 Report a problem
    6/17/2015Sold$50,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,607 +0.4%$382,768
    2024$3,593 +13%$382,768 +40.8%
    2023$3,179 +4.2%$271,858
    2022$3,050 +1.8%$271,858
    2021$2,997 $271,858
    2020$2,997 -3.5%$271,858 +9.3%
    2019$3,107 $248,792 -2.3%
    2018$3,107 +6.7%$254,757
    2017$2,912 +1.3%$254,757 +409.5%
    2016$2,875 $50,000

    Find assessor info on the county website

    Neighborhood: 27587

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $405,100
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    Estimated market value
    $405,100