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Under contractSingle-familyListed July 25, 2026

2101 Larkspell Road

Five Points · Raleigh, NC 27608

$615,000

$469 per sq ft

  • 2bedrooms
  • 1.5bathrooms
  • 1,310sq ft
  • 0.16acre lot
  • 1941built
  • NoneHOA / mo

Two-bedroom bungalow on a corner lot, one owner since 1988

A compact single-storey on a corner lot with the original heart-pine floors under carpet in both bedrooms. Kitchen was updated in 2011 with painted cabinets and a gas range. One full bath plus a half bath added off the rear hall. Crawl space was encapsulated in 2018 with a dehumidifier on a condensate pump. The rear deck is 2015 pressure-treated and the yard is fully fenced with a gate to the side street.

  • Heart-pine floors under the bedroom carpet
  • Crawl space encapsulated 2018
  • Corner lot, fully fenced
  • Walkable to the Five Points intersection

What this house has

  • Hardwood floors
  • Fireplace
  • No HOA
  • Fenced yard
  • Single storey

The numbers

Full specification for 2101 Larkspell Road, Raleigh, NC 27608
Listing IDHS-1003
Property typeSingle-family
StyleBungalow
StatusUnder contract
Bedrooms2
Bathrooms1.5 (1 full, 1 half)
Interior1,310 sq ft
Price per sq ft$469
Lot0.16 acre
Year built1941
HOA / condo feeNone
Estimated tax rate1.0075% of value per year
Listed onJuly 25, 2026
CountyWake County, NC
StreetInvented — see the note below

Five Points

A grid of pre-war streets north-west of downtown built out between the 1920s and the 1940s, so almost everything here is a bungalow, a Cape Cod or a small two-storey on a modest city lot.

  • Housing stock Craftsman bungalows and Cape Cods, 1,100–2,200 sq ft, many with rear additions from the 2000s onward. A handful of infill new builds on subdivided lots.
  • Typical lot 0.13–0.22 acre, mostly rectangular, alley access on some blocks
  • Getting about About 2.5 miles to the State Capitol; roughly 12 miles to RTP via I-440 and I-40.
Everything about Five Points

Assigned schools

These are the base schools currently assigned to this address by Wake County Public School System. We list assignment as a fact and nothing more — we do not rate, rank or compare schools, and no one here will, because doing so is how housing discrimination happens in practice. Judge them yourself.

  • ElementaryJoyner Elementary
  • MiddleOberlin Middle
  • HighBroughton High
  • DistrictWake County Public School System

On this demonstration site the assignment is invented, and the homes have no real address to assign. In reality attendance areas are reassigned periodically and a base assignment can change before you close — verify it directly with Wake County Public School System before you rely on it.

What this would cost a month

Change any number. Nothing here is a quote — it is arithmetic.

$4,415

estimated total monthly ·$553,500 borrowed

Principal and interest
$3,480
Property tax
$516
Homeowner’s insurance
$165
HOA / condo fee
$0
Mortgage insurance (PMI)
$254

Under 20% down, so private mortgage insurance is included at an estimated 0.55% of the loan a year. On a conventional loan it comes off automatically once you reach 78% loan-to-value, and you can usually request removal at 80%. On most FHA loans it stays for the life of the loan.

10%

Over the full term you would pay about $699,414 in interest, assuming you never pay extra and never refinance.

Estimates only. Actual rates depend on credit, loan type and the day. Wake County property tax is reassessed on a four-year cycle, so a recent revaluation can move the tax line. Talk to a lender for a real quote — we can introduce you to three.

Scored on this data, not hand-picked

Homes like this one

Ranked by real similarity across price, size, bedrooms, bathrooms, property type, neighbourhood and build era. Sold homes are excluded, because offering you something you cannot buy is not a recommendation.

  • Craftsman bungalow in Five Points — A 1927 bungalow with the original oak floors and a kitchen redone in 2021
    Active

    $749,000asking

    • 3 bd
    • 2 ba
    • 1,840 sq ft

    1418 Kettlebrook Avenue

    Five Points, Raleigh · Craftsman bungalow

    A 1927 bungalow with the original oak floors and a kitchen redone in 2021

    • Hardwood floors
    • Renovated kitchen
    • Screened porch
    • No HOA

    75% matchSame neighbourhood · Same property type

  • Bungalow in Mordecai — Bungalow with a screened side porch, now under contract
    Under contract

    $555,000asking

    • 3 bd
    • 2 ba
    • 1,660 sq ft

    308 Ashkettle Street

    Mordecai, Raleigh · Bungalow

    Bungalow with a screened side porch, now under contract

    • Hardwood floors
    • Fireplace
    • Screened porch
    • No HOA

    74% matchAlso in Raleigh · Same property type · 10% less

  • Four-square in Historic Oakwood — A 1912 four-square, three blocks from the Governor’s Mansion
    Active

    $665,000asking

    • 3 bd
    • 2 ba
    • 1,720 sq ft

    218 E Vestry Street

    Historic Oakwood, Raleigh · Four-square

    A 1912 four-square, three blocks from the Governor’s Mansion

    • Hardwood floors
    • Fireplace
    • No HOA
    • No HOA

    73% matchAlso in Raleigh · Same property type