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1500 River Mill Drive Unit 310

Wake Forest, NC 27587

3 beds
2 baths
1,210 sqft
$404 per sqft
1854 build
– on site

Nestled by the headwaters of the Neuse River at Falls Lake Dam, this beautifully renovated 3Bd 2Bt condo offers a single-level lifestyle accentuated by a profound connection to nature. This is the largest floor plan in the building and owners benefit from a historic low-tax incentive! The 1210sf condo boasts hardwood floors, exposed steel beams, and expansive industrial-sized windows that flood the space with natural light. Custom closets offer storage solutions. The no-step entry from the parking lot ensures single-level accessibility, making it perfect for empty nesters or down-sizers. Monthly rentals are allowed so consider this a great second investment home! With industrial use dating back to the Revolutionary War, this property holds a unique place as one of NC's oldest industrial manufacturing sites. Converted to condos in the mid-80s, it rests upon 17 acres of undisturbed land that flanks the river. Residents indulge in a myriad of outdoor activities, from trail walks and fireside gatherings by the water to fishing expeditions and al fresco dining in the gazebo. Nature enthusiasts can partake in heron-watching while quick access to the 30-mile paved Neuse River Greenway beckons those seeking biking adventures.

Listing courtesy of DMLS / Grist Realty Inc

Last checked: Checking… • Last updated Feb 19, 2025 •

MLS# 10050576 —

The Building

Year Built:

1854
Year Built Effective:

2020
New Construction:

false
Construction Materials:

Stone Veneer
Architectural Style:

Warehouse
Roof:

Rubber
Foundation Details:

Slab
Levels:

Two
Basement:

false
Window Features:

Aluminum Frames
Accessibility Features:

Accessible Entrance
Building Area Total:

1210
Building Area Units:

Square Feet
Above Grade Finished Area:

1210
Above Grade Finished Area Units:

Square Feet
Below Grade Finished Area Units:

Square Feet
Unit Number:

310

Interior

Rooms Total:

5
Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Laundry Features:

Common Area

Room Dimensions

Living Area:

1210
Living Area Units:

Square Feet
Living Area Source:

Plans

Location

Directions:

Old Falls of Neuse north from Falls Lake Dam, first right, park in upper lot and use upper entrance bridge
Latitude:

35.941576
Longitude:

-78.57859
Coordinates:

-78.57859, 35.941576

The Property

Property Type:

Residential
Property Subtype:

Condominium
Parcel Number:

1729477940
Exterior Features:

Courtyard
Other Structures:

Gazebo
Fencing:

None
View:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

1132

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Wake - Wakefield
Middle Or Junior School:

Wake - Wakefield
High School:

Wake - Wakefield

The Community

Subdivision Name:

River Mill Condos
Community Features:

Fishing
Association Amenities:

Laundry
Association:

true
Association Fee:

448.72
Association Fee Includes:

Insurance
Association Fee Frequency:

Monthly
Pool Private:

false

Parking

Garage:

false
Attached Garage:

false
Parking Features:

Parking Lot
Open Parking:

true
Open Parking Spaces:

2

Monthly cost estimate

Asking price

$489,000

Expense	Monthly cost
Mortgage	$2,618
Taxes	$94
Insurance	$134
HOA fees	$449
Utilities	$150 See report
Total	$3,445/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
9/4/24 Sep 4, 2024	Listed / Active	DMLS	$489,000	88.8% (20.4% / YR)
5/1/20 May 1, 2020		DMLS	$259,000	40.0% (35.4% / YR)
3/15/19 Mar 15, 2019		DMLS	$185,000

Condo For Sale

$489,000

HOA

$449/mo.

Cost Est.

$3,445/mo.

Listing provided by broker:

Hugh Grist

Grist Realty Inc

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This condo located in Wakefield, NC 27587 is currently for sale for $489,000. 1500 River Mill Drive Unit 310 is a 1,210 square foot condo with 3 beds and 2 baths that has been on Estately for 192 days. 1500 River Mill Drive Unit 310 is in the Wakefield neighborhood of Wake Forest and has a WalkScore® of 6, making it car-dependent. This condo is in the attendance area of Wakefield High School, Wakefield Elementary School, and Wakefield Middle School.

Listing Courtesy of: DMLS and Grist Realty Inc.

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