Back 7216 Rabbit Run
Off Market

7216 Rabbit Run

Wake Forest NC 27587

3
2
2
1700 sq. ft.
39639.6 sq. ft.
Single-Family
Last sold for $600,000
Caren FriedCaren Fried, last sold this property on 05 September 2025 after 71 days on market.

Overview

Welcome to Rabbit Run! Where lifestyle, location, and versatility meet. This one-of-a-kind property offers a rare combination of multi-generational living, income potential, and serene privacy, all just minutes from shopping, dining, top-rated schools, and Forest Ridge Park. Nestled on a peaceful, tree-lined cul-de-sac, this charming 3 bedroom 2 bath home features an updated chef's kitchen with high-end stainless steel appliances, including a GE Café refrigerator, Italian French-door range, pot filler, farm sink, live-edge butcher block counters, and a spacious pantry. The bright, inviting living room showcases lovely wainscoting and a cozy wood-burning fireplace. Potential for a primary bedroom on the main level, with generously sized bedrooms throughout and ample storage, including five attic spaces. Upgrades continue throughout the home, with both bathrooms beautifully remodeled using upscale finishes. A standout feature is the separate studio apartment above the garage, complete with a private entrance—ideal for in-laws, Airbnb, or long-term rental. There's also a detached cottage with a wraparound deck—perfect for remote work, creative space, or even a small business. Step into your private backyard retreat featuring a heated saltwater pool, outdoor bar, Trex deck, and ambient lighting—an entertainer's dream surrounded by forest views. The oversized two-car garage, RV/boat parking, clean wrapped crawlspace, and French drains add peace of mind and convenience. No HOA and no city taxes! This property offers flexibility, income opportunity, and a lifestyle you'll love. More than a home—Rabbit Run is a rare opportunity.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1700 sq. ft. floor area
39639.6 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Wake Forest over the last 12 months, the estimated median property value of 7216 Rabbit Run is $440.67k.

Median value
$440.67k
Estimated value range
$110k - $1.19m
Median days on market
24
Estimated value trend
0%
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 7216 Rabbit Run

2025
Sold
$600,000
05 Sep 2025 by Caren Fried, of Keller Williams Realty
2023
Sold
$469,000
05 Sep 2023 by Barry Wilkins, of Allen Tate/ Lake Royale
2011
Sold
$210,000
29 Aug 2011 by Cherrie Bynum, of Allen Tate/Chapel Hill/Durham

Happy sellers in Wake Forest

82%
82% 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 18 reviews in Wake Forest over the last 12 months.

Local market activity for 3 bedroom single-family properties in Wake Forest

In the last 12 months, 361 three-bedroom single-family properties similar to 7216 Rabbit Run, have been sold.

This represents a 19% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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