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Single Family ResidenceResidential
$2,918,956$397 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

701 LAKESTONE DR

RALEIGH, NC 27609
4
Baths
7,357 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2.09 ac
Lot SizeThe size of the land the home sits on, from county records.
2023
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
12
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$2.9M
$2.5M low$3.3M high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$35,150 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$4,028,253 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,016,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$2,012,253
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$4,028,253
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$4,028,253

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.26
71
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
15
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.45 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyWake
Lot (acres)The size of the land the home sits on, from county records.2.09
ConstructionThe main material the home's frame and walls are built from.Brick
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 368 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Root Elementary SchoolA
Elementary · Grades PK–5 · 0.6 mi
M
Oberlin Magnet Middle SchoolA-
Middle · Grades 6–8 · 1.4 mi
H
Broughton Magnet High SchoolB+
High · Grades 9–12 · 3.0 mi

District: Wake County Public Schools

Neighborhood · ZIP 27609These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.117
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.42%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.39,499
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,515 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$94,548
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$117,912
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

701 Lakestone Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the most valuable homes in Wake County
  • Costs more per square foot than 96% of homes in Wake County
  • Among the largest homes in Wake County
  • Among the largest lots in Midtown Raleigh
  • Among the newest homes in Raleigh 27609

What homes are worth in Raleigh 27609

Each bar is how many homes fall in that price range. The marker is this home.

This home
$163K$3.1M

This home is worth more than 98% of homes in Raleigh 27609.

How it measures up in Raleigh 27609

The dot is this home. The mark in the middle is the typical home in Raleigh 27609.

Estimated value$2,918,956
CheaperTypical $584,198Pricier

Pricier than 98% of homes nearby

Price per ft²$397
CheaperTypical $291Pricier

Pricier than 81% of homes nearby

Living area7,357 ft²
SmallerTypical 1,981 ft²Bigger

Bigger than almost all homes nearby

Lot size2.09 ac
SmallerTypical 0.31 acBigger

Bigger than almost all homes nearby

Year built2023
OlderTypical 1972Newer

Newer than almost all homes nearby

How 701 Lakestone Dr ranks against every home in each area.
MeasureThis homeMidtown RaleighRaleigh 27609Wake County
Estimated valuepricier than$2,918,95697% of homes98% of homesalmost all homes
Price per ft²pricier than$39776% of homes81% of homes96% of homes
Living areabigger than7,357 ft²almost all homesalmost all homesalmost all homes
Lot sizebigger than2.09 acalmost all homesalmost all homes97% of homes
Year builtnewer than202398% of homesalmost all homes95% of homes

About 701 Lakestone Dr

How much is 701 Lakestone Dr, Raleigh, NC worth?

The TopHap Estimate for 701 Lakestone Dr, Raleigh, NC is $2,918,956 as of Oct 21, 2026. The likely range is $2,514,927 to $3,322,985. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 701 Lakestone Dr, Raleigh, NC last sell?

701 Lakestone Dr, Raleigh, NC last sold on Jul 25, 2022, according to the county's recorded deed.

How big is 701 Lakestone Dr, Raleigh, NC?

701 Lakestone Dr, Raleigh, NC has 4 bathrooms, 7,357 square feet of living space and a 2.09-acre lot.

When was 701 Lakestone Dr, Raleigh, NC built?

701 Lakestone Dr, Raleigh, NC was built in 2023, making it 3 years old. It is a conventional home. The building has 1 story.

What schools serve 701 Lakestone Dr, Raleigh, NC?

701 Lakestone Dr, Raleigh, NC is assigned to Root Elementary School (elementary), rated A; Oberlin Magnet Middle School (middle), rated A-; Broughton Magnet High School (high), rated B+. All sit in Wake County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 701 Lakestone Dr, Raleigh, NC compare to other homes in Raleigh 27609?

Among the 10,098 homes in Raleigh 27609, it is worth more than 98% of them ($2,918,956 against a typical $584,198), its price per square foot is higher than 81% of them ($397 against a typical $291), it is bigger than almost all of them (7,357 ft² against a typical 1,981 ft²), its lot is bigger than almost all of them (2.09 ac against a typical 0.31 ac) and it is newer than almost all of them (2023 against a typical 1972). Measured against all of Wake County, it is worth more than almost all homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 701 Lakestone Dr, Raleigh, NC?

The 2025 property tax bill for 701 Lakestone Dr, Raleigh, NC was $35,150. The county assessed it at $4,028,253.

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