CLICK HERE FOR FULL PHOTO ALBUM
OVERVIEW
336 Siena Dr, Wake Forest, NC 27587
At $290k ($160/sqft), this 3/2 comes in well below a renovated sold comp average of ~$368k (~$224/sqft) — a ~$78k spread for investors with the right scope. Wake Forest isn’t just a strong Triangle market — it was ranked the #1 most in-demand suburb in the entire United States by MoveBuddha based on move traffic data through early 2026, posting an inbound-to-outbound ratio of 4.65. Research Triangle Park sits about 25–30 minutes away, and the corridor has seen recent nine-figure capital commitments from Biogen and Novo Nordisk anchoring long-term employment demand. At 1,816 sqft on an 8,712 sqft lot, this is a solid footprint in a market that keeps absorbing inventory.
Comp Avg (Sold): ~$368k | For Sale Avg: ~$370k Rent Avg: ~$2,050/mo | Gross Yield at Asking: ~8.5%
DETAILS
Type: Single Family Home
Bedrooms / Baths: 3 bed / 2 bath
Living Area: 1,816 sq ft
Year Built: 1999
Lot Size: 8,712 sq ft
Utilities: City Water & Sewer
Occupancy at Closing: Seller will need 14 days after closing to vacate. 50% of seller’s proceeds will be held back until property is confirmed vacant by buyer.
Closing Date: 06/25/26
Closing Attorney: Atlas Orange
CONDITION
- Property sold as-is
COMPARABLE SALES
108 Fairburn Ct, Wake Forest, NC 27587 — 1,556 sq ft — $388,000 ($249/sq ft) — Sold 3/24/2026
505 Robinson Dr, Wake Forest, NC 27587 — 1,783 sq ft — $360,000 ($202/sq ft) — Sold 11/14/2025
246 Tillamook Dr, Wake Forest, NC 27587 — 1,608 sq ft — $355,000 ($221/sq ft) — Sold 5/20/2026
Comp Average: ~$368,000 (~$224/sq ft) Our Price: $290,000 ($160/sq ft) Your Spread: ~$78,000
Three renovated comps averaging ~$368k put the ceiling firmly in view. At $160/sqft against a renovated market running ~$224/sqft, you’re acquiring at a $64/sqft discount — that’s real margin for a flip. The hold case is equally clean: ~$2,050/mo in rent against a $290k buy-in pencils to ~8.5% gross yield in the #1 most in-demand suburb in the country right now.
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.