Welcome to 8744 Red Canyon Way, a bright 3-bedroom, 4-bath end-unit townhome offering the perfect blend of modern living and immediate financial return. This property is an ideal turnkey opportunity; the seller has yielded over $24,000 in annual income, with a reliable tenant in place through May 31, 2026. The current occupants have resided here for over 2 years, maintaining the home impeccably, offering you a seamless transition with options to extend the lease or plan for a future primary residence. The layout features a ground-floor home office / bonus room, perfect for remote work or a gym. The open-concept main level boasts a spacious eat-in kitchen with a large island and abundant cabinetry, flowing effortlessly into the living and dining areas. Upstairs, the peaceful primary suite features a walk-in closet and spa-like bath with double vanities and an expansive shower, accompanied by two additional bedrooms and a full bath. Ideally situated off Capital Blvd, this home offers quick access to I-540, I-440, WakeMed North, and Triangle Town Center, placing premier shopping, dining, and commuting routes just minutes from your door.
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 16' x 13.4'
- Bedroom 2 Dimensions: 11.4' x 9.6'
- Bedroom 3 Dimensions: 10' x 9'
- Primary Bedroom Level: Third
- Bedroom 2 Level: Third
- Bedroom 3 Level: Third
- Primary Bedroom Description: Vaulted ceilings
Other Rooms
- Total Rooms: 8
- Bonus Room Dimensions: 23.6' x 19'
- Bonus Room Level: First
- Bonus Room Description: Second living room / game room etc
- Office: Yes
- Family Room Dimensions: 19.2' x 16'
- Office/Study Room Dimensions: 11.3' x 9.3'
- Family Room Level: Second
- Office/Study Room Level: First
- Office/Study Room Description: Home office / Gym etc
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 2
Interior Features
- Double Vanity
- Kitchen Island
- Open Floorplan
- Pantry
- Soaking Tub
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Walk-In Shower
- Flooring: Carpet, Luxury Vinyl
Appliances
- Built-In Electric Range
- Cooktop
- Dishwasher
- Dryer
- Electric Oven
- Electric Water Heater
- Microwave
- Laundry Features: In Hall, Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
- Dining Room Dimensions: 14' x 9'
- Dining Room Level: Second
- Kitchen Dimensions: 16' x 10'
- Kitchen Level: Second
Land Info
- Back Yard
- Level
- Lot Size Acres: 0.05
- Lot Size Square Feet: 2091
Exterior and Lot Features
- Patio And Porch Features: Patio
- Road Maintenance: Public Maintained Road
- Road Surface Type: Asphalt
- Patio: Yes
Garage and Parking
- Open Parking Spaces: 2
- Open Parking: Yes
- Parking Features: Additional Parking, Asphalt, Assigned, On Street
- Parking Total: 2
Homeowners Association
- Association: Yes
- Association Amenities: Landscaping, Maintenance, Maintenance Grounds, Management, Parking
- Association Fee: 126
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds, Road Maintenance
- Calculated Total Monthly Association Fees: 126
- Association Name: Thornton Reserve Townhome Association, Inc.
- Association Phone: 9198473003
School Information
- Elementary School: Wake - Wildwood Forest
- High School: Wake - Wakefield
- Middle School: Wake - East Millbrook
Rental Info
Other Property Info
- Standard
- Annual Tax Amount: 2989
- Source Listing Status: Active
- County: Wake
- Directions: From U.S. Rte 1 N, Turn right onto Thornton Rd, Turn right onto Red Canyon Way. Property will be on the left.
- Tax Year: 2025
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: Thornton Reserve
- Ownership Type: Townhouse
- Parcel Number: 173817212930000 0477413
- Postal Code Plus 4: 2604
- Subdivision: Thornton Reserve
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 2177
- Year Built: 2022
- Above Grade Finished Area: 2177
- BelowGradeFinishedArea: 0
- Building Area Total: 2177
- Common Walls: 1 Common Wall, End Unit
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Levels: Three Or More
- Property Age: 3
- Roof: Shingle
- Levels or Stories: 3
- Structure Type: Townhouse
- Total Above Grade Sqft Area: 2177
- Total Area Sqft: 2177
- Vaulted Ceiling: Yes
- Architectural Style: Transitional
Utilities
- Sewer: Public Sewer
- Water Source: Public
