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$480,000

Beds
3
Baths
2.0
sq ft
1,647

5705 Katha Drive, Holly Springs, NC 27540

5705 Katha Drive

Holly Springs, NC 27540

  • 27 days on market
    • Price drop $20,000↓
Very Buyer Agent Friendly This home is simply amazing! Nestled on almost a full acre in town limits with NO HOA! Fully remodeled from top to bottom with all major systems updated as well. This all one level ranch boasts an open concept floorplan and a modern theme. Kitchen upgraded with quartz countertops and has 3/4'' solid wood custom cabinetry with soft close doors, 6 burner commercial grade gas range and hood, SS appliances, additional prep sink, integrated butcherblock cutting board, undercabinet task lighting and above cabinet accent lighting and a walk in pantry with adjustable shelving. Both bathrooms fully remodeled with custom tile, cabinetry and heavy frameless glass. Primary bathroom has incredible zero entry walk in shower with multiple independent shower heads, handheld and rainhead. Whole home high flow water filtration installed. Home has three bedrooms and two full baths and also private office space for work at home professionals with multiple options of high speed providers. The convenience of this home sets it apart by being only single digit minutes away from a major hospital, dozens of restaurants, nightlife, theaters, parks, grocery stores, you name it... Bounce effortlessly to almost anywhere in the Raleigh / Durham / Chapel Hill areas with access to Raleighs Triangle Expressway and outer beltline less than 3/4 mile away. With no HOA and the size of this lot this home gives the ability to add on items like expansions, additions, sunroom, garage or detached workshop. Homes in this neighborhood do not go on market because of the convenience and access to everything. There has only been 8 sales in this neighborhood since the collection of data from MLS and there is a reason why. Holly Springs, NC was ranked the #1 place to raise a family and with the Triangle area being hailed as the new 'Silicone Valley' in addition that appreciation rates are hitting or almost always hitting double digits year over year then it reinforces the idea that this is a rare event and is truly a unique and wonderful opportunity! This neighborhood is gentrifying rapidly and appreciation alone should make this an exceptional investment. Not to mention that the upgrades you find in this home aren't seen in pricepoints under $800k. Only because life threw them a curveball has this opportunity become available and has opened up... Jump on this opportunity while you can. With the expanse and growth within the Triangle in the last decade who knows where this could be in the next 2,3 or 4 years....

Details

Property type

Single Family Residence

Lot size

0.91 acres

Price per sq ft

$292

Year built

1998

Annual property taxes

$2,927.64

Price History

01/18/2025
TriangleMLS

TriangleMLS #10068290

Price change
$480,000
-4%
01/08/2025
TriangleMLS

TriangleMLS #10068290

Price change
$500,000
-3.85%
12/26/2024
TriangleMLS

TriangleMLS #10068290

Listed
$520,000
+361.17%

Schools & Community

Elementary school: 

Wake - Holly Springs

Middle school: 

Wake - Holly Ridge

High school: 

Wake - Apex Friendship

Community features: 

Street Lights, Suburban

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Status: Active

Tomo last checked: 01/22/2025 at 6:55 PM

Listing updated: 01/21/2025 at 6:05 AM

Listed by: Matt Vance, Choice Residential Real Estate Phone #: (919) 720-4991

MLS: TriangleMLS #10068290

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