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Back 310/1500 River Mill Drive
Off Market

310/1500 River Mill Drive

Wake Forest NC 27587

3
2
2
1210 sq. ft.
Condo
Last sold for $440,000
Hugh GristHugh Grist, last sold this property on 08 September 2025 after 1193 days on market.

Overview

Nestled by the headwaters of the Neuse River at Falls Lake Dam, this beautifully renovated 3-Bed 2-Bath condo offers an exciting single-level lifestyle accentuated by a rich industrial history and a profound connection to nature! With industrial use dating back to the Revolutionary War, this property holds a unique place as one of North Carolina's oldest industrial manufacturing sites. Transformed into residential condos in the mid-80s, it rests upon 17 acres of rolling, undisturbed, private land that flanks the river. Residents indulge in a myriad of outdoor activities, from leisurely strolls along enchanting trails and fireside gatherings by the water to tranquil fishing expeditions and delightful al fresco dining in the gazebo. Nature enthusiasts can partake in heron-watching, captivated by the beauty of these graceful birds, while quick access to the 30-mile paved Neuse River Greenway beckons those seeking active biking adventures. The 1210-square-foot condo boasts hardwood floors, exposed steel beams, and expansive industrial-sized windows that flood the space with natural light. Custom closets offer efficient storage solutions, complemented by a main floor bedroom and full bath. The no-step entry from the parking lot ensures single-level accessibility, making it perfect not only for empty nesters or down-sizers but also for anyone seeking a harmonious blend of historical charm, natural beauty, and modern comfort.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
1210 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Wake Forest over the last 12 months, the estimated median property value of 310/1500 River Mill Drive is $360k.

Median value
$360k
Estimated value range
$290k - $500k
Median days on market
107
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Wake Forest. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 310/1500 River Mill Drive

2025
Sold
$440,000
08 Sep 2025 by Hugh Grist, of Grist Realty Inc
2020
Sold
$259,000
01 May 2020 by Amy Brown, of Berkshire Hathaway HomeServices YSU
2019
Sold
$185,000
15 Mar 2019 by Chip Edwards, of Allen Tate/Raleigh-Glenwood

Happy sellers in Wake Forest

76%
76% of sellers in Wake Forest reported that their sale price either exceeded or met their price expectations.

Wake Forest stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Wake Forest over the last 12 months.

Local market activity for 3 bedroom condos in Wake Forest

In the last 12 months, 42 three-bedroom condos similar to 310/1500 River Mill Drive, have been sold.

This represents a 310% decrease in three-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wake Forest

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Garrett Hazen

Garrett Hazen is an award winning recommended agent for Wake Forest.  They have 10 local sales and collected 9 local reviews across the last 12 months.

  •   5   (27 reviews)
  •  9 Reviews in Wake Forest
  •  10 Sales in Wake Forest
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Amber Lehman

Amber Lehman is an award winning recommended agent for Wake Forest.  They have 6 local sales and collected 5 local reviews across the last 12 months.

  •   5   (27 reviews)
  •  5 Reviews in Wake Forest
  •  6 Sales in Wake Forest
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Brandy Nemergut

Sellers who recommend Brandy Nemergut have praised them for being clear communication, local expert, responsive, supportive, friendly, detail-oriented, and well-prepared

  •   5   (75 reviews)
  •  4 Reviews in Wake Forest
  •  2 Sales in Wake Forest
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Rachel Rapacz

Rachel Rapacz is a recommended agent for Wake Forest.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (22 reviews)
  •  3 Reviews in Wake Forest
  •  3 Sales in Wake Forest
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