Nestled in the heart of Raleigh just inside the I-440 beltline (ITB), Bellevue Terrace is a sought-after neighborhood bounded by Glenwood Avenue, Oberlin Road, and the Raleigh Country Club golf course.
The area was originally farmland in the early 20th century before being sold off in parcels for residential development beginning in the 1920s. Many of Bellevue Terrace's homes date from the 1920s to the 1950s in popular styles like Tudor Revival, Colonial Revival, Craftsman, and Ranch. Notable local builders like York Properties constructed the neighborhood's rolling hills lined with graceful homes. As the community grew over the decades, churches, schools, and businesses opened to serve residents. Today, Bellevue Terrace contains around 300 stately homes showcasing period architecture and detailing. Mature oaks lend beauty and shade to the winding streets. An active neighborhood association helps maintain the area's historic charm.
Bellevue Terrace has a rich history that dates back to the early 20th century. Originally part of a larger estate, the area began its transformation into a residential community in the 1950s. Over the years, it has evolved into a diverse neighborhood that seamlessly blends historic charm with modern amenities.
The development of Bellevue Terrace has been thoughtful and gradual, allowing it to maintain its character while adapting to the changing needs of residents. This careful growth has resulted in a community that feels both established and fresh, with tree-lined streets and a mix of architectural styles that tell the story of Raleigh's evolution.
What sets Bellevue Terrace apart is its unique combination of location, community spirit, and housing options. The neighborhood's proximity to downtown Raleigh makes it a prime spot for those who want to be close to the action without sacrificing the peace of suburban living.
One of the most striking features of Bellevue Terrace is its lush greenery. Mature trees canopy many of the streets, providing shade and a sense of established beauty. The community's commitment to preserving this natural beauty is evident in its well-maintained parks and green spaces.
Homes in Bellevue Terrace come in a variety of sizes to suit different lifestyles and family needs. You'll find everything from cozy bungalows to spacious family homes. Lot sizes typically range from a quarter-acre to over an acre, giving residents plenty of space for gardens, outdoor entertaining, or simply enjoying their own slice of nature.
The diversity in home sizes is one of the things I love about this neighborhood. It creates a dynamic community where young professionals, growing families, and empty nesters can all find their perfect home.
Bellevue Terrace has attracted some of the area's most respected builders, each bringing their unique style and quality craftsmanship to the neighborhood. Here's a list of notable builders who have contributed to the community:
These builders have played a crucial role in shaping the character of Bellevue Terrace, creating homes that are not only beautiful but also built to last.
The real estate market in Bellevue Terrace has been consistently strong, reflecting the neighborhood's desirability. Home values have appreciated steadily over the years, making it an attractive option for both homeowners and investors.
As of 2023, the median home price in Bellevue Terrace hovers around $550,000, though prices can vary significantly depending on the size, age, and location of the property. The market tends to move quickly here, with homes often selling within weeks of listing.
One trend I've noticed is an increasing demand for homes with modern amenities while still maintaining the classic charm that Bellevue Terrace is known for. This has led to a surge in thoughtful renovations and new constructions that respect the neighborhood's aesthetic.
Life in Bellevue Terrace is characterized by a strong sense of community and an active lifestyle. Residents here take pride in their neighborhood, which is evident in the well-maintained homes and yards, as well as the friendly atmosphere you'll encounter while strolling down the streets.
The community is known for its welcoming spirit, with neighbors often gathering for impromptu block parties or seasonal celebrations. It's not uncommon to see families out for evening walks, kids riding bikes, or neighbors chatting over fences – all contributing to that coveted small-town feel in the heart of a bustling city.
Bellevue Terrace boasts several green spaces that serve as gathering points for the community. The centerpiece is Bellevue Park, a charming neighborhood park with walking trails, a playground, and open areas perfect for picnics or a game of frisbee.
For those who enjoy more active pursuits, the nearby Raleigh Greenway System offers miles of trails for walking, jogging, and cycling. The North Hills Club, just a short drive away, provides tennis courts, a swimming pool, and fitness facilities for those seeking a more structured recreational experience.
Throughout the year, Bellevue Terrace comes alive with community events that bring neighbors together. The annual Fourth of July Parade is a particular highlight, with residents decking out their homes in red, white, and blue, and children parading down the streets on decorated bikes and wagons.
The Bellevue Terrace Garden Club organizes seasonal plantings and maintains community gardens, adding splashes of color throughout the neighborhood. Their annual garden tour is a much-anticipated event that showcases the area's most beautiful landscapes.
For history buffs, the nearby Mordecai Historic Park offers a glimpse into Raleigh's past, with guided tours of the Mordecai House, the oldest residence in Raleigh still on its original foundation.
Families in Bellevue Terrace have access to some of the best educational options in Wake County. The neighborhood is zoned for excellent public schools, and there are also several highly-regarded private and charter schools in the area.
Bellevue Terrace residents enjoy easy access to a variety of shopping and entertainment options. The North Hills shopping center, just a short drive away, offers a mix of high-end retailers, local boutiques, and popular chain stores. It's also home to a cinema and numerous restaurants, making it a one-stop destination for shopping, dining, and entertainment.
For those who prefer a more local shopping experience, the nearby Five Points area offers a charming selection of independent shops and eateries. Here, you can find everything from artisanal coffee shops to vintage clothing stores.
The Cameron Village Shopping Center, another nearby option, provides additional shopping and dining choices in a pleasant outdoor setting. It's a great place to spend a Saturday afternoon browsing shops or enjoying a meal at one of the many restaurants.
Bellevue Terrace residents have access to top-notch healthcare facilities and emergency services. The neighborhood is conveniently located near several major medical centers and hospitals:
For everyday healthcare needs, there are numerous clinics and medical offices in the area, including:
Emergency services are readily available, with several fire stations and police precincts serving the area, ensuring quick response times for residents.
These times can vary depending on traffic conditions, but generally, Bellevue Terrace's central location makes for manageable commutes to most major employment centers in the area.
Safety is a top priority for any community, and Bellevue Terrace is known for being a secure and peaceful neighborhood. While no area is entirely crime-free, Bellevue Terrace benefits from lower crime rates compared to many other parts of Raleigh.
The Raleigh Police Department maintains an active presence in the area, and there's a strong community watch program in place. Residents often comment on the sense of security they feel in the neighborhood, with many citing the friendly neighbors and well-lit streets as contributing factors.
According to recent crime statistics, Bellevue Terrace has seen a decrease in property crimes over the past few years, a trend that's attributed to increased community vigilance and proactive policing strategies.
As with any urban area, it's always wise to take standard precautions such as locking doors and being aware of your surroundings. However, the overall feeling in Bellevue Terrace is one of safety and community well-being.
As a long-time Raleigh resident and experienced real estate agent, I've had the pleasure of helping numerous families find their dream homes in Bellevue Terrace. This neighborhood truly offers the best of both worlds – a tight-knit community feel with all the amenities of city living right at your doorstep.
For those considering buying in Bellevue Terrace, my advice is to act decisively when you find a home you love. The market here moves quickly, and desirable properties often receive multiple offers. Working with a knowledgeable local agent (like myself or a member of my team) can give you a significant advantage in navigating this competitive market.
To those already living in Bellevue Terrace, I encourage you to get involved in community events and initiatives. Whether it's joining the garden club, participating in neighborhood clean-up days, or simply getting to know your neighbors, community engagement is what makes this neighborhood truly special.
For sellers, Bellevue Terrace's strong market position means you're in a good place. However, to maximize your home's value, consider making strategic updates that align with current buyer preferences. Energy-efficient features and updated kitchens and bathrooms are always popular.
Remember, Bellevue Terrace isn't just a place to live – it's a community to be part of. Whether you're buying, selling, or simply enjoying life here, embrace all that this wonderful neighborhood has to offer.
If you're ready to make Bellevue Terrace your home or have any questions about real estate in the Raleigh area, don't hesitate to reach out. With over 17 years of experience and a deep love for this community, I'm here to help you navigate every step of your real estate journey. Let's work together to find your perfect place in this vibrant, welcoming neighborhood!
17 years as a Realtor in the Research Triangle, Tim seeks to transform the Raleigh-Durham real estate scene through a progressive, people-centered approach prioritizing trust & transparency.
