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3401 Ocotea St, Raleigh, NC 27607

$930,000

Last sold 03/19/2026 after 64 Days

3
bed
2
bath
2,862
Sqft ($325/Sqft)

House not for sale

About 3401 Ocotea St

Property type House

Neighborhood

Year built 1966

HOA fee $0/month

Lot size 0.72 Acre

Movoto estimate

Rental estimate

Property description

A rare opportunity for a .75 acre wooded estate lot in one of Raleigh's most sought after neighborhoods. Sitting gently above street level and measuring approximately 115 feet wide and 271 feet deep, this property offers an exceptional starting point for a custom home in a truly prime setting. Located in the Lacy, Martin, and Broughton school district, the lot provides the combination of privacy, scale, and location that is increasingly difficult to find. The setting feels tucked away, yet is remarkably convenient, just minutes from the Ridge Road and Lake Boone Trail intersection. Lacy and Martin are an easy walk, and Whole Foods at Ridgewood Shopping Center is less than 1.5 miles away. Quick access to the Beltline, RDU Airport, and Research Triangle Park makes this an ideal opportunity for those seeking a long term investment or a custom estate home in a first class Raleigh location.

Listed by

Listing Agent - Frank DeRonja

Listing Office - Corcoran DeRonja Real Estate

Source: Doorify MLS

MLS#10141068 • last updated 5 months ago

Movoto checked Doorify MLS for data 5 minutes ago

Overview
Cooling/AC	Other
Heating	Other
Levels/Style	One And One Half, House, Ranch, 1
MLS #	10141068
Type	Residential
Status	Closed
SubType	Single Family Residence
Living Area	2862
Lot Size (SqFt)	31363
Lot Size (Acres)	0.72
Property Tax	8182.11
Year Built	1966

Interior
Total # of Bathrooms	2
# of Full Baths	2
Total # of Bedrooms	3
Total # of Rooms	7
Flooring	Brick, Carpet, Parquet, Tile
Common Walls	No Common Walls

Exterior
Foundation	Raised
Roof	Other
Construction	Wood Siding
# of Carport Spaces	2

Amenities / Utilities
Sewer/Septic	Unknown, Unknown2
Water Source	Public
HOA Amenities	None

Location
County	Wake
Subdivision	To Be Added
Elementary School	Wake - Lacy
Middle School	Wake - Martin
High School	Wake - Broughton
Zoning	R-4
APN	795326527
Directions	Glenwood To Ridge Road, Or Glen Eden To Ridge Road, Right On Ocotea Street.

Lot/ Land Details
Road Responsibility	Public Maintained Road

$964K

Range: $857K-$1.07M

Last 30 days

Rental est.: $1,717/month

• Gross rent multiplier: 45.1

Lower your payment with the loan terms that fit you.

Mar 2026
MLS # 10141068
Mar 19, 2026 Sold
$930,000
Jan 19, 2026 Pending
—
Jan 14, 2026 Listed
$795,000
Mar 2026
Public Records
Mar 19, 2026 Sold
$930,000 (+17.0%)

Year Property taxes Tax assessment
2025
$8,022 +0.4%

$917,518
2024
$7,989 +26.2%

$917,518 +58.45%
2023
$6,332 +7.6%

$579,053
2022
$5,883 +4.0%

$579,053
2021
$5,654 +1.9%

$579,053
2020
$5,551 -12.4%

$579,053 +6.27%
2019
$6,334 +11.4%

$544,866
2017
$5,688 +2.1%

$544,866
2016
$5,571 +16.6%

$544,866
2015
$4,778

—

3401 Ocotea St
$930K
Northwest Raleigh
$649K
27607
$1M -1% y/y
Raleigh
$440K -6% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3337 Ocotea St, Raleigh, NC 27607	$1,619,000	4/4	3,632	0.02
3403 Ocotea St, Raleigh, NC 27607	$1,836,000	5/4	4,041	0.02
3405 Ocotea St, Raleigh, NC 27607	$1,770,000	5/4	4,085	0.03
3333 Ocotea St, Raleigh, NC 27607	$2,377,000	4/4	4,811	0.03
3320 Lake Boone Trl, Raleigh, NC 27607	$794,000	—/2	2,161	0.04
3316 Lake Boone Trl, Raleigh, NC 27607	$1,031,000	3/3	2,578	0.05
3340 Ocotea St, Raleigh, NC 27607	$1,263,000	—/—	3,160	0.05
3407 Ocotea St, Raleigh, NC 27607	$1,017,000	4/3	2,832	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.