Living Room - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Front of Structure - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Front of Structure - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Front of Structure - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Front of Structure - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Front of Structure - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Living Room - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Living Room - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Dining Area - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Dining Area - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Dining Area - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Kitchen - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Kitchen - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Bathroom - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Kitchen - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Kitchen - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Bedroom - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Bedroom - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Bathroom - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Bathroom - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Bathroom - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Laundry - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Laundry - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Bedroom - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Bedroom - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
Patio - 1231 Teakwood Place, Raleigh, NC 27606, Raleigh
26 photos

$160,000

1231 Teakwood Place, Raleigh, NC 27606
Raleigh, NC 27606
Listed by Ahmed Mustafa · Real Broker, LLC
Bedrooms
2
Bathrooms
2.5
Living area
N/A
Year built
1972

About this home

Opportunity awaits at 1231 Teakwood Place in West Raleigh. This 2-bedroom, 3-bathroom, two-story condominium offers a spacious layout with the feel of townhome-style living while maintaining the benefits of condominium ownership. The functional floor plan features generous living spaces and a private wooded backdrop, providing a great starting point for updates and personalization. Conveniently located near NC State University, the Wolfline, shopping, dining, and major routes connecting Raleigh and Cary. Whether you're looking for a property to renovate and make your own or an investment opportunity, this home offers flexibility and convenient access to the Triangle. Preferred lender incentive: Up to $1,600 toward buyer's closing costs. Ask for details! Schedule your showing today and explore the possibilities this property has to offer.

Property details

MLS #
10171795
Property type
Condominium
Subdivision
Driftwood Manor
Status
Active
Days on market
127
On market date
June 4, 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Adams Elementary
3.28 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
512
Student:teacher ratio
11.4:1
District
Wake County Schools
Middle
East Cary Middle
3.47 mi away · Grades 6-8
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
631
Student:teacher ratio
13.4:1
District
Wake County Schools
High
Athens Drive High
0.96 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
2,042
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).

84
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores7
Parks5
Schools13
Transit stops20
Pharmacies1

Market position

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

On the market 127 days -- 24 more days than Raleigh's current average of 103 days.
For reference, the median list price across 2,844 active listings in Raleigh right now is $375,000.

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
$1,114/mo
$32,000 down
$128,000 loan
Principal & interest$830
Property tax (est.)$133
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 12, 2026.

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.