The President’s house was sold Friday, after the Board of Trustees agreed to put it on the market earlier this year.
The University says it is looking to relocate the President’s house to downtown Raleigh, however, no specific property has been chosen yet.
The President’s house was located on Williamsborough Court in North Raleigh, and according to the Multiple Listing Service, had an asking price of 1.45 million dollars.
In a letter to students, faculty and staff, President Townsley stated, “I have enjoyed living at the President’s house in North Raleigh, but I am excited the Board of Trustees has decided that the William Peace University President should be living closer to downtown. This is a return to tradition for Peace as housing for the president in the past was always located near campus prior to its present location.”