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Sold for $640,000
  • $640,000

    512 Teal Lake Dr, Holly Springs, NC 27540

    5beds
    2,684sqft
    Single Family Residence, Residential
    Built in 2020
    9,147 Square Feet Lot
    $630,300 Zestimate®
    $238/sqft
    $2,726 Estimated rent

    Home value

    $630,300

    $599,000 - $668,000

    $2,726/mo

    Zestimate® history
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    What's special

    Electric fireplacePrivate fenced yardRolling barCustom trimSpacious loftFinished garageShiplap accents
    Like-new and full of designer details, this 5-bedroom, 3-bath home in sought-after Park Avenue offers 2,684 sq ft of thoughtfully designed space on a prime lot in Holly Springs. The bright white gourmet kitchen features quartz countertops, a 5-burner gas cooktop, stacked wall oven and microwave, walk-in pantry, and a sunny breakfast nook—ideal for everyday living and entertaining. The open-concept layout shines with custom trim, shiplap accents, and an electric fireplace, while the formal dining room offers flexibility as a home office or additional living space. A main floor guest suite with full bath adds convenience, and upstairs you'll find a spacious loft with LVP flooring, a generous primary suite with a huge walk-in closet, three additional bedrooms, and another full bath. Outside, enjoy a private fenced yard with a screened porch, extended patio, and firepit—perfect for relaxing or hosting. The finished garage is one-of-a-kind with epoxy floors, dual TVs, and a rolling bar ready for your next get-together. All this just minutes from downtown Holly Springs, the future Wegmans, and community amenities including a pool, playground, and greenway access.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tina Caul 919-665-8210,

    EXP Realty LLC,

    Ashley Bommarito 919-794-1779,

    EXP Realty LLC

    Bought with:

    Molly O'Reardon, 301406

    Berkshire Hathaway HomeService

    Source: Doorify MLS,MLS#: 10101275MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Oven
    • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Upper Level, Washer Hookup
    Features
    • Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
    • Flooring: Carpet, Vinyl, Tile
    • Number of fireplaces: 1
    • Fireplace features: Electric, Family Room
    Interior area
    • Total structure area: 2,684
    • Total interior livable area: 2,684 sqft
    • Finished area above ground: 2,684
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Concrete, Driveway, Garage, Garage Faces Front, Inside Entrance
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Front Porch, Patio, Rear Porch, Screened
    • Exterior features: Fenced Yard, Fire Pit, Rain Gutters
    • Pool features: Association, Community
    • Fencing: Back Yard, Fenced, Gate, Perimeter, Wood
    • Has view: Yes
    Lot
    • Size: 9,147 Square Feet
    • Features: Back Yard, Front Yard, Hardwood Trees, Landscaped
    Details
    • Parcel number: 0658370326
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Transitional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Fiber Cement, Stone Veneer
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Park Avenue
    HOA
    • Has HOA: Yes
    • Amenities included: Playground, Pool
    • Services included: Maintenance Grounds
    • HOA fee: $350 quarterly
    Location
    • Region: Holly Springs

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $583,743
    • Annual tax amount: $5,022
    • Date on market: 6/6/2025

    Price history

    DateEventPrice
    8/1/2025Sold$640,000+1.6%$238/sqft
    Source: Doorify MLS #10101275 Report a problem
    6/23/2025Pending sale$629,900$235/sqft
    Source: Doorify MLS #10101275 Report a problem
    6/20/2025Price change$629,900-1.6%$235/sqft
    Source: Doorify MLS #10101275 Report a problem
    6/6/2025Listed for sale$640,000+68.4%$238/sqft
    Source: Doorify MLS #10101275 Report a problem
    7/28/2020Sold$380,000$142/sqft
    Source: Doorify MLS #2312277 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,044 +0.4%$583,743
    2024$5,023 +30.6%$583,743 +64.6%
    2023$3,846 +3.6%$354,739
    2022$3,713 +1.9%$354,739
    2021$3,644 $354,739
    2020-- $354,739
    Find assessor info on the county website

    Neighborhood: 27540

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Holly Ridge
    • Middle: Wake - Herbert Akins Road
    • High: Wake - Fuquay Varina

    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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    Estimated market value
    $630,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $630,300