$500,000
About this home
Basement ranch with exceptional income potential, privacy, and versatility on a full acre in Fuquay-Varina! With no HOA, a basement apartment and ADU that are currently rented, a fully fenced and gated property, and a 2-car garage, this unique property offers opportunities that are hard to find. The main home features 3 bedrooms, fresh paint throughout, a cozy family room with wood-burning fireplace, and a bright eat-in kitchen with granite counters. The spacious front deck is perfect for morning coffee or relaxing at the end of the day. Recent improvements include a newer HVAC and water heater, and the former carport has been converted into a 2-car garage. The current owner has also fully fenced the property and added a gated entrance with keypad access for added privacy. Mature fruit trees and the natural surroundings make the one-acre setting feel like a private retreat while still being convenient to Fuquay-Varina. What truly sets this property apart is its built-in income potential. The walk-out basement apartment has its own washer and dryer hookup and is currently rented for $1,400 per month plus a $185 monthly utility package. The separate ADU provides additional 392 sqft living space with a full kitchen and bathroom and is currently rented for $1,000 per month plus a $185 monthly utility package. Both spaces offer tremendous flexibility for rental income, extended family, guests, a home office, or multigenerational living. With well and septic, abundant outdoor space, multiple living areas, income-producing potential, a 2-car garage, and a fenced and gated acre with no HOA, this is much more than just a home ... it's a property with options. 100% financing through USDA is available for qualifying buyers! Live in the main home and let the rental income help offset your monthly expenses, or create the multigenerational setup you've been looking for. Rare properties like this don't come along often! Schedule your showing to see all this home has to offer!
Highlights
Property details
- MLS #
- 10188442
- Property type
- Single Family Residence
- Subdivision
- Not in a Subdivision
- Status
- Active
- Days on market
- 2
- On market date
- August 25, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 1 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 672
- Student:teacher ratio
- 14.9:1
- District
- Wake County Schools
- Enrollment
- 1,624
- Student:teacher ratio
- 17.8:1
- District
- Wake County Schools
- Enrollment
- 2,076
- Student:teacher ratio
- 19.0:1
- District
- Wake County Schools
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 2 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.