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VS - Living Room - 7301 Lakefall Drive, Wake Forest, NC 27587
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VS - Dining Room - 7301 Lakefall Drive, Wake Forest, NC 27587
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VS - Bedroom - 7301 Lakefall Drive, Wake Forest, NC 27587
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24 photos

$555,000

7301 Lakefall Drive, Wake Forest, NC 27587
Wake Forest, NC 27587
Listed by Stirling West · Mark Spain Real Estate
Bedrooms
3
Bathrooms
2.5
Living area
N/A
Year built
1998

About this home

Welcome to this beautifully maintained home on a private 1.11-acre lot in one of Wake Forest's most desirable communities. Enjoy no city taxes and a voluntary HOA while surrounded by peace and privacy. This move-in ready home features 3 bedrooms, 2.5 baths, a dedicated office, formal dining room, and spacious bonus room. Thoughtful updates include a full suite of Whirlpool appliances, an oversized deck, and a whole-house water filtration system. The fully fenced backyard and mature landscaping create a private outdoor retreat. A wired shed with two A/C units, painted concrete floor, and existing plumbing connection (currently shut off) offers endless possibilities for a workshop, studio, or additional storage. Just minutes from Falls Lake, shopping, dining, and everyday conveniences, this exceptional property combines space, comfort, and lasting value. Schedule your showing today!

Highlights

Fireplace

Property details

MLS
Doorify MLS
MLS #
10184301
Property type
Single Family Residence
Subdivision
Lakefall
Status
Active
Days on market
75
On market date
August 4, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
6
Lot size
1.11 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Pleasant Union Elementary
3.04 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
557
Student:teacher ratio
14.3:1
District
Wake County Schools
Middle
Wakefield Middle
7.92 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
921
Student:teacher ratio
17.1:1
District
Wake County Schools
High
Vernon Malone College and Career Academy
16.57 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
342
Student:teacher ratio
14.9:1
District
Wake County Schools

Walkability

Blended score for Wake Forest's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

21
Car-dependent
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Wake Forest, from live MLS data.

On the market 75 days -- 16 fewer days than Wake Forest's current average of 91 days.
For reference, the median list price across 641 active listings in Wake Forest right now is $465,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$3,492/mo
$111,000 down
$444,000 loan
Principal & interest$2,880
Property tax (est.)$463
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 11 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.