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$299,900

1500 River Mill Drive 110, Wake Forest, NC 27587
Wake Forest, NC 27587
Listed by Chris Martin · Coldwell Banker HPW
Bedrooms
2
Bathrooms
2.5
Living area
N/A
Year built
1854

About this home

Experience the extraordinary character and beauty of historic mill living in this one of a kind, two level condominium in Wake Forest. Rich in history and architectural detail, this remarkable home showcases original exposed stone walls, gorgeous hardwood floors, soaring ceilings and rustic wood beams that create an inviting atmosphere unlike traditional construction. The thoughtfully designed floor plan offers two bedrooms and two full baths on the upper level, including beautifully updated bathrooms. A striking spiral staircase connects the upper level to the spacious lower living area, where the updated kitchen features beautiful cabinetry, quartz countertops and wonderful space for everyday living and entertaining. One of the home's most appealing features is the flexibility of having exterior access to both levels. The upper level is conveniently accessed from the parking area through a secure entry, while the lower level offers step free exterior access along a sidewalk from the parking area, making it especially convenient for bringing in groceries, shopping bags and everyday essentials. Just outside the lower living area, a private fenced courtyard offers a peaceful retreat surrounded by established trees, beautiful stonework and flower boxes. Perfect for morning coffee, relaxing or entertaining! Follow the scenic pathway along the back of the building to Adirondack chairs overlooking the river, a wonderful place to unwind and enjoy the natural surroundings. Adding to the appeal, River Mill is located outside city limits and is subject only to Wake County property taxes. The original mill buildings also benefit from a historic property tax designation providing a 50% reduction in qualifying property taxes, helping offset the cost of condominium ownership. Historic architecture, modern updates and a beautiful natural setting come together to create a truly distinctive place to call home!

Property details

MLS
Doorify MLS
MLS #
10200216
Property type
Condominium
Subdivision
River Mill Condos
Status
Active
Days on market
1
On market date
October 30, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
2
Lot size
N/A
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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
Wakefield Elementary
0.65 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
546
Student:teacher ratio
11.9:1
District
Wake County Schools
Middle
Wakefield Middle
0.58 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
13.52 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).

60
Walkable
out of 100
EPA National Walkability Index
10.0 / 20 -- Below average walkable
Google Places amenity density
75 / 100
Restaurants & cafes20
Grocery stores2
Parks2
Schools6
Transit stops0
Pharmacies3

Market position

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

On the market 1 days -- 90 fewer days than Wake Forest's current average of 91 days.
For reference, the median list price across 629 active listings in Wake Forest right now is $459,900.

Mortgage calculator

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

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Est. monthly payment
$1,956/mo
$59,980 down
$239,920 loan
Principal & interest$1,556
Property tax (est.)$250
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 1 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.