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48 photos

$1,150,000

1001 W Peace Street, Raleigh, NC 27605
Raleigh, NC 27605
Listed by John Merriman · Berkshire Hathaway HomeService
Bedrooms
4
Bathrooms
3
Living area
N/A
Year built
1940

About this home

Nestled in Raleigh's highly desirable Cameron Park, also known as Forest Park, this exceptional all-brick home offers the perfect combination of historic character, thoughtful updates, flexible living space, and incredible outdoor living. Zoned as a duplex and tastefully converted to function as a single-family residence, the property can easily be used as a traditional duplex, an ideal multigenerational living arrangement, or live on the main floor and rent out the upstairs. The upstairs has a separate entrance and private kitchenette with refrigerator, stove, microwave, dishwasher, washer and dryer. The main residence features a beautifully appointed kitchen with an Electrolux five-burner gas cooktop, brand-new Frigidaire electric oven, Frigidaire Gallery refrigerator, Whirlpool dishwasher, GE convection oven/microwave, beverage cooler, Celadon marble backsplash, and Visual Comfort pendant lighting. The dining room is accented by a striking brass chandelier from Revolution by Uttermost. Plantation shutters adorn the dining room and den, while wooden blinds and woven woods are featured throughout the remaining rooms. The recently updated primary bathroom offers a spacious walk-in shower with a built-in bench and two shower heads. The inviting living room features a fireplace with gas logs and an elegant marble surround. The second-floor entertaining space/apartment provides tremendous flexibility and includes a fully equipped kitchenette making it ideal for guests, extended family, a home office, or separate living quarters. Adding even more potential is the 1,372-square-foot unfinished basement, offering an abundance of possibilities for future expansion. With both interior and exterior entrances and daylight windows, the space could be transformed into a bonus room, additional bedrooms, office, home gym, in-law suite, a recreation room, or whatever best suits your needs. The outdoor spaces are truly special. Enjoy more than 400 square feet of brick patio surrounded by lush, Southern Living-inspired gardens and enclosed by beautiful black cast-aluminum fencing draped in jasmine and roses, creating an intimate and private setting for entertaining or relaxing. The gorgeous wraparound front porch provides another wonderful space to enjoy the outdoors and the character of this exceptional neighborhood. Ideally located just one block from Forest Park and within a short walk of the restaurants and shops of Smoky Hollow, including Publix, this home offers an enviable location close to downtown Raleigh while maintaining the charm and tranquility of one of the city's most established neighborhoods. A rare opportunity to own a flexible, beautifully updated home with exceptional outdoor spaces, substantial unfinished expansion potential, and the unique versatility of duplex zoning in Cameron Park/Forest Park. HVAC 1st floor (2014), 2nd floor (2024), water heater (2025)

Highlights

Fireplace

Property details

MLS
Doorify MLS
MLS #
10187551
Property type
Single Family Residence
Subdivision
Forest Park
Status
Active
Days on market
38
On market date
October 6, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.21 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
Wiley Elementary
0.24 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
368
Student:teacher ratio
10.2:1
District
Wake County Schools
Middle
Oberlin Middle
1.77 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
1,202
Student:teacher ratio
15.2:1
District
Wake County Schools
High
Needham Broughton High
0.13 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,098
Student:teacher ratio
16.1:1
District
Wake County Schools

Walkability

Blended score for Raleigh'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).

99
Highly walkable
out of 100
EPA National Walkability Index
19.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

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

On the market 38 days -- 50 fewer days than Raleigh's current average of 88 days.
For reference, the median list price across 2,878 active listings in Raleigh right now is $377,500.

Mortgage calculator

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Est. monthly payment
$7,075/mo
$230,000 down
$920,000 loan
Principal & interest$5,967
Property tax (est.)$958
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 8 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.