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For sale
  • $699,000

    501 Valley Rd, Fayetteville, NC 28305

    4beds
    3,917sqft
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    Single Family Residence, Residential
    Built in 1970
    1.01 Acres Lot
    $660,900 Zestimate®
    $178/sqft
    $-- HOA

    What's special

    Tucked away on a private lakefront lot in the heart of Haymount, 501 Valley Road offers a rare combination of privacy, space, and convenience. Designed by renowned NC architect Dan MacMillan and featured in the NC Modernist web library [https://www.ncmodernist.org/macmillan.htm], the home's remarkably preserved mid-century modern character is a hallmark trait. Set well back from the street behind thoughtful landscaping and a subtle privacy wall, this hidden oasis enjoys protected water views that will never be obstructed and abundant natural light throughout. Despite its secluded setting, the home is within walking distance of some of Haymount's most beloved destinations, including the Cape Fear Regional Theatre, Haymount Truck Stop, Curate Essentials, Leclair's General Store, Miller's Brew, the Museum of the Cape Fear, and the future NC Civil War History Museum, as well as Forest Lake's own Highland Country Club. Downtown Fayetteville's restaurants, shops, museums, and baseball stadium are just five minutes away, while Cape Fear Valley Hospital is less than ten minutes from your door and Fort Bragg's All American Gate is approximately fifteen minutes away. Inside, the home showcases generous proportions and striking architectural details—soaring ceilings, floor-to-ceiling windows and doors, and extensive built-ins offer openness and sophistication. Plantation shutters add timeless style, while MCM touches—including a statement Sputnik chandelier in the dining room—enhance the home's distinctive character. Designed for both everyday living and entertaining, the large eat-in kitchen features black granite countertops, abundant cabinetry, double ovens, and a premium gas range with wok burner and ring, all complemented by a powerful yet remarkably quiet vent hood. An expansive custom wet bar and huge walk-in pantry add another layer of functionality for hosting. Storage is exceptional throughout the home, with copious closet space and an oversized two-car garage offering additional room for organization and hobbies. Enjoy the gorgeous view of Branson Lake from the huge deck, which you can access from both the living room or the primary bedroom (which also boasts lake views).The spacious primary suite serves as a private retreat, complete with two closets, a dressing room with built-ins, and a beautifully renovated bathroom featuring double sinks and showerheads. Two secondary bedrooms share a Jack-and-Jill bathroom with both a jetted tub and separate shower, ensuring each of the three main floor bedrooms has en-suite bathroom access. The lower-level in-law suite provides outstanding flexibility with its own bedroom, full bath, and generous living area—ideal for guests, multigenerational living, or a private workspace. Outdoor living is equally inviting, with a massive front deck overlooking the lake and a secluded, fenced backyard and rear patio perfect for relaxing or entertaining. The grounds offer both established beauty and future potential, featuring mature azaleas, camellias, hardy orange, loquat, crepe myrtle, Japanese maple, and numerous other specimen plantings, along with peach and pear trees. A gardener's blank canvas, the expansive front yard offers plenty of sun, space to play or plant, and an uninterrupted view of the lake -- while the waterfront parcel across the street has been cultivated as a native pollinator garden, creating a vibrant habitat for butterflies, bees, and other beneficial wildlife. In addition to the historical value of the home, modern upgrades that simplify homeowner maintenance abound: new roof with architectural shingles 2025, HVAC 2022, gas stove and fireplace logs 2025, reverse osmosis water filtration 2023, LVP in lower level 2022. Offering a unique blend of architectural character, generous living space, natural beauty, and one of Haymount's most desirable locations, 501 Valley Road is a truly exceptional place to call home.
    25 days
    |
    1,864
    |
    114
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bonnie Gambardella 919-624-5471,

    The Douglas Realty Group

    Source: Doorify MLS,MLS#: 10170651MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Heat Pump, None
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Built-In Gas Range, Cooktop, Dishwasher, Double Oven, Dryer, Exhaust Fan, Free-Standing Refrigerator, Gas Cooktop, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Washer/Dryer, Water Purifier, Water Softener
      • Laundry: Inside, Laundry Room, Main Level
      Features
      • Bathtub/Shower Combination, Bookcases, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Dual Closets, Entrance Foyer, Granite Counters, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Master Downstairs, Recessed Lighting, Stone Counters, Vaulted Ceiling(s), Wet Bar
      • Flooring: Hardwood, Parquet, Tile, Wood
      • Basement: Daylight, Finished, Interior Entry
      • Number of fireplaces: 1
      • Fireplace features: Gas, Living Room
      Interior area
      • Total structure area: 3,917
      • Total interior livable area: 3,917 sqft
      • Finished area above ground: 3,917
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 6
      • Parking features: Attached, Concrete, Garage
      • Attached garage spaces: 2
      • Uncovered spaces: 4
      Features
      • Levels: One, Two
      • Patio & porch: Deck, Front Porch, Patio, Porch, Side Porch, Terrace
      • Exterior features: Balcony, Fenced Yard, Garden, Private Yard, Rain Gutters
      • Fencing: Back Yard, Fenced
      • Has view: Yes
      • View description: Lake, Trees/Woods
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake, Waterfront
      • Body of water: Forest Lake
      Lot
      • Size: 1.01 Acres
      • Features: Back Yard, Corner Lot, Garden, Hardwood Trees, Native Plants
      Details
      • Additional structures: Garage(s)
      • Parcel number: 0427728846000
      • Zoning: SF15
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modern, Ranch
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick, Frame
      • Foundation: Combination, Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Lake, Suburban
      • Subdivision: Forest Lakes
      HOA
      • Has HOA: No
      Location
      • Region: Fayetteville

      Financial & listing details

      • Price per square foot: $178/sqft
      • Tax assessed value: $767,910
      • Annual tax amount: $6,755
      • Date on market: 6/3/2026

        Estimated market value

        $660,900

        $628,000 - $694,000

        $2,573/mo

        Price history

        DateEventPrice
        6/3/2026Listed for sale$699,000+16.5%$178/sqft
        Source: Doorify MLS #10170651 Report a problem
        5/3/2022Sold$600,000+0.8%$153/sqft
        Source: LPRMLS #675477 Report a problem
        3/21/2022Pending sale$595,000$152/sqft
        Source: LPRMLS #675477 Report a problem
        3/7/2022Price change$595,000-7%$152/sqft
        Source: LPRMLS #675477 Report a problem
        2/21/2022Pending sale$639,900$163/sqft
        Source: LPRMLS #675477 Report a problem
        2/14/2022Listed for sale$639,900$163/sqft
        Source: LPRMLS #675477 Report a problem
        2/7/2022Pending sale$639,900$163/sqft
        Source: LPRMLS #675477 Report a problem
        12/23/2021Listed for sale$639,900$163/sqft
        Source: LPRMLS #675477 Report a problem
        3/15/2019Listing removed$639,900$163/sqft
        Source: Coldwell Banker Advantage #547549 Report a problem
        8/13/2018Listed for sale$639,900$163/sqft
        Source: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE #547549 Report a problem
        4/12/2016Listing removed$639,900$163/sqft
        Source: Coldwell Banker Advantage #451243 Report a problem
        8/6/2015Listed for sale$639,900-25.6%$163/sqft
        Source: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE #451243 Report a problem
        12/29/2006Sold$860,000$220/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,756 -6.1%$660,700 +35.8%
        2024$7,198 +3.7%$486,700
        2023$6,944 +4.1%$486,700
        2022$6,673 $486,700
        2021$6,673 $486,700 -23%
        2020-- $631,780 +29.8%
        2019$6,638 $486,700
        2018$6,638 $486,700
        2017$6,638 -16.3%$486,700 -22.6%
        2016$7,929 +1.1%$628,600
        2015$7,844 +0.1%$628,600
        2014$7,837 +2.6%$628,600
        2013$7,640 $628,600
        2012$7,640 $628,600
        2011$7,640 $628,600
        2010-- $628,600
        2009-- $628,600 +57.6%
        2008-- $398,901
        2007-- $398,901
        2006-- $398,901
        2005-- --
        2004-- $398,901
        2003-- $398,901 +35.2%
        2002-- $295,000
        2001-- $295,000

        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.
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          Climate risks

          Neighborhood: 28305

          Getting around

          16 / 100
          Car-Dependent
          29 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Cumberland - Vanstory Hills Elementary
          • Middle: Cumberland - R Max Abbott Middle
          • High: Cumberland - Terry Sanford 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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