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820 Estes Ln, Holly Springs, NC 27540
DETAILS
Type: Manufactured Home, with Land
Bedrooms / Baths: 3 bed / 2 bath
Living Area: 1,979 sq ft
Year Built: 2003
Lot Size: 0.56 acres / 24,394 sq ft
Utilities: City Water & Sewer
Occupancy at Closing: Vacant, on lockbox
Closing Date: 10/01/26
Closing Attorney: Atlas Orange
Asking Price: $245,000
Roof and siding are approximately 4-5 years old; HVAC replaced in 2023; appliances (refrigerator, washer, dryer — all convey) are approximately 4 years old. The property was recently rented at $1,900/month; Zillow’s long-term rent estimate is $2,394/month. Tax value is $280,988 with annual taxes of $2,438 (Parcel ID 0658.06-38-8400-000, zoned SR).
COMPARABLE SALES
| Address | Home Size | $/sqft | Price | Status | Beds |
| 208 Grassy Meadow Rd | 1,884 sq ft | $245 | $461,500 | Sold | 3 |
| 208 Hickory Glen Ln | 1,841 sq ft | $234 | $431,000 | Sold | 3 |
| 6215 Hilbert Ridge Dr | 1,716 sq ft | $245 | $420,000 | Sold | 3 |
| ⭐820 Estes Ln (SUBJECT) | 1,979 sq ft | $124 | $245,000 | Asking | 3 |
⚠️Note: No available manufactured home comps exist in this immediate area — all three comps above are conventional stick-built single-family homes. We estimate the ARV conservatively at $320,000, given the subject is a manufactured home rather than a direct match to these comps.
Comp Average: ~$437,500 (~$241/sq ft) our ARV $245,000 ($124/sq ft)
Our Price: $245,000 ($124/sq ft)
Spread (to conservative ARV): ~$75,000
OVERVIEW
This 3 bed/2 bath manufactured home on 0.56 acres is priced at $245,000. There are no directly comparable manufactured home sales in the immediate Holly Springs area — the three comps available are conventional site-built homes averaging $437,500 — so we’ve conservatively estimated ARV at $320,000 to reflect the manufactured home construction type, still leaving a $75,000 spread at asking. HVAC was replaced in 2023, and roof, siding, and major appliances are all in the 4-5 year range. The property was recently rented at $1,900/month, with Zillow’s own long-term rent estimate at $2,394/month — a strong potential yield for a buy-and-hold investor. Holly Springs is one of Wake County’s fastest-growing suburbs, offering easy access to RTP, RDU, downtown Raleigh, and Durham.
DISCLAIMER — Please Read Before Submitting an Offer
Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and are not representing ourselves as such. We do not represent the owner.
Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.
Due Diligence
Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
Offer & Deposit Terms
A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal. Closing will occur as quickly as possible, but no longer than 30 calendar days. Buyer pays all closing costs — closing costs are NOT included in the asking price. Taxes will be prorated and split between parties. $495 transaction fee payable to Bright Home Offer LLC. Closing will be conducted with our closing attorney.
As-Is Terms
This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.
No repairs or improvements will be made prior to closing. No clean-out or clean-up of any kind will be completed. Property will not be broom clean at closing.
Realtors & Wholesalers
If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either negotiate your commission/fee directly with your client, separate from the wholesale price, or adjust the wholesale price upward to include your fee. If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.