Share this with your friends
(919) 801-8373
Choice Residential Real Estate
700 Fernwood Dr, Clayton, NC 27520
- $390,000
- 3
- BD
- 3
- BA
- 2,801
- SqFt
Seller Representative Coldwell Banker HPW
- List Price
- $390,000
- Price Change
- ▼ $20,000 1789782978
- Status
- ACTIVE
- MLS#
- 10164244
- Bedrooms
- 3
- Bathrooms
- 3
- Full-baths
- 2
- Half-baths
- 1
- Living Area
- 2,801
- Lot Size
- 26,136
- Subdivision
- Dogwood Forest
- Year Built
- 1965
- Acres
- 0.60
Property Description
"INCREDIBLE EQUITY OPPORTUNITY! Rare chance to build instant sweat equity in a highly desirable Clayton location. This expansive 2,801 sqft all-brick ranch sits on a private 0.6-acre lot and boasts fantastic bones and character. Features include vaulted ceilings with exposed beams, two fireplaces, a newly renovated bathroom with elegant tilework, brand-new rear doors, and a new outdoor pergola. Recently appraised at $480,000, this property is an absolute dream for investors, contractors, or handy buyers looking to customize and create instant value. The property requires TLC, a full clean-out, and cosmetic updates. Sold strictly AS-IS. HUGE BONUS: This property features an FHA ASSUMABLE mortgage! Seller is highly motivated and open to Creative Financing, including Lease-Option / Rent-to-Own terms with an upfront option fee. Due to current condition and utilities being off, this will not qualify for traditional Conventional/FHA/VA loans. Cash, Hard Money, Assumable FHA, or Lease-Option only. Bring your vision and don't miss this rare chance to secure a property with massive upside potential!
/u.realgeeks.media/thetrianglehomepros/CR_logo.png){kind=logo}
Additional Information
- Style
- Ranch
- Foundation
- Brick/Mortar
- Interior Features
- Bookcases, Ceiling Fans, Entrance Foyer, Eat-In Kitchen, High Ceilings, Pantry, Primary Downstairs, Soaking Tub, Walk-In Closet(s), Separate Shower
- Accessibility Features
- Accessible Central Living Area
- Exterior Features
- Playground, Rain Gutters
- Elementary School
- Johnston - West Clayton Elementary
- Middle School
- Johnston - Clayton Middle
- High School
- Johnston - Clayton High
- Garage Spaces
- 2
- Water
- Public
- Flooring
- Hardwood, Laminate, Tile
- Roof
- Shingle
- Heating
- Electric, Heat Pump
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .