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$2,450,000

Beds
5
Baths
4.5
sq ft
6,089

1001 Welch Lane, Raleigh, NC 27614

1001 Welch Lane

Raleigh, NC 27614

  • 9 days on market
BEAUTIFUL, immaculate Tony Frazier designed luxury estate situated on lovely, tree-lined 1.85 acre lot inside the exclusive gated North Raleigh community of Radcliffe. This absolutely breathtaking entertainer's dream boasts a fresh, modern living experience that is equally warm and welcoming, as it is elegant! A grand sun-filled family room overlooks the incredible outdoor living oasis, complete with large, heated, saltwater pool and spa with expansive stone patio. Enjoy multiple areas to entertain and recharge including a covered veranda with gas fireplace that sets the stage for year-round cozy outdoor dining. The lower level patio seating offers the perfect setting for entertaining friends and family under the stars, complete with wood-burning fireplace and separate fire pit area. The large outdoor kitchen and swim-up bar elevates your entertaining experience, creating a true indoor-outdoor living retreat. NEWLY refinished red oak flooring and stunning custom millwork accents surround you upon entry. Expansive functional floor plan effortlessly flows from the formal dining room to the beautifully appointed chef-inspired kitchen including custom cabinetry, quartz countertops, and Thermador appliances. Main level touches include: spacious guest or in-law suite with connecting ensuite, with walk-in shower and walk-in closet. Light-filled study with custom millwork accents and large media room that is ready for movie nights or perhaps a golf simulator. Enjoy morning coffee relaxing in the luxurious primary suite, with cozy sitting area and stone fireplace. Heated tile flooring in the resort- inspired ensuite keep your toes toasty year round. Additional 2nd level bonus with beautiful wall of bay windows, spacious fitness room and 3 additional bedrooms, all with ensuite, high ceilings and ample closet space. Large 2nd level laundry room with built-ins. HUGE unfinished 3rd floor ready for your vision and spacious 3-car garage with amazing organized storage complete this unbelievable retreat. Incredible location, convenient to RDU via I-540; Shopping, & everyday amenities are just minutes from your door. WELCOME HOME to the perfect blend of modern design, impeccable craftsmanship, and outdoor elegance in the heart of North Raleigh! https://order.harmonps.com/1001-Welch-Ln/idx

Details

Property type

Single Family Residence

Est. home value

$2,124,803

Lot size

1.85 acres

Price per sq ft

$403

Year built

2016

Annual property taxes

$11,498.45

Monthly HOA fee

$175

Price History

03/20/2025
TriangleMLS

TriangleMLS #10083700

Listed
$2,450,000
-9.09%
01/28/2025
TriangleMLS

TriangleMLS #10071910

Removed
$2,695,000
01/21/2025
TriangleMLS

TriangleMLS #10071910

Listed
$2,695,000

Schools & Community

Elementary school: 

Wake - Brassfield

Middle school: 

Wake - East Millbrook

High school: 

Wake - Millbrook

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizens Bank & Trust Co

Loan start date

January 2022

Original loan amount

$1,283,500

Est. remaining balance

Not provided

Interest rate

3.11%

Loan type

Not Provided

Seller

Michael Lane Brennan and Kimberly Paige Brennan

Lender

First Citizens Bank & Trust Co

Loan start date

June 2019

Original loan amount

$1,125,000

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Michael Lane Brennan and Kimberly Paige Brennan

Lender

First Citizens Bank & Trust Co

Loan start date

June 2019

Original loan amount

$74,000

Est. remaining balance

Not provided

Interest rate

3.63%

Loan type

Commercial

Seller

Michael Lane Brennan and Kimberly Paige Brennan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 8:15 PM

Listing updated: 03/30/2025 at 4:06 AM

Listed by: Ginger Jenkins, Allen Tate/Raleigh-Falls Neuse Phone #: (919) 866-4600

MLS: TriangleMLS #10083700

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