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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

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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

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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.

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.