Address
516 W Peace Street, Raleigh, NC
Price
$ 1,195,000
Property Attributes
- MLS#10183887
- TypeSingle Family
- Listing Status Active
- CountyWake
- CityRaleigh
- NeighborhoodNot in a Subdivision
- Zip27603
- StyleTraditional
- Year Built1908
- Price$ 1,195,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1708
- Lot Size0.12 Acres
Data Source:
Triangle MLS (TMLS)
Property Description
Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen. Two bedrooms and one full bath complete the thoughtfully designed floor plan. Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear parking area with convenient side alley access to a quiet neighborhood street. The home is in very good condition and has been updated with a new HVAC system and a newer hot water heater, providing peace of mind while preserving its classic character. Currently zoned NX-3 for Neighborhood Business, this versatile property offers exceptional flexibility. Continue to enjoy it as a charming residence or explore the many possibilities for a neighborhood business. A unique opportunity to own a property with historic charm, modern conveniences, and outstanding potential. Price Reduction!
| Elementary School | Middle School | High School |
|---|---|---|
| Wake - Wiley Elementary Elementary School | Wake - Oberlin Middle Middle School | Wake - Needham Broughton High High School |
| Price History | |
|---|---|
| 8/19/2026 | Listed $1,195,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None |
| Cooling | Central Air,Electric,Gas |
| Utilities | Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| Roof | Shingle |
| Appliances | Dishwasher,Free-Standing Electric Range,Free-Standing Refrigerator |
| Zoning | NX-3 |
| Patio/Porch Features | Covered,Porch,Wrap Around,See Remarks |
| Architectural Style | Traditional |
| Construction Materials | Wood Siding |
| Year Built | 1908 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Community Features | Sidewalks |
| County | Wake |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Not in a Subdivision |
| Garage Y/N | false |
| Total Rooms | 5 |
| Full Baths | 1 |
| Status | Active |
| Directions | Use GPS |
| High School | Wake - Needham Broughton High |
| City | Raleigh |
| Senior Community Y/N | false |
| Open Parking Spaces | 5 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5227 |
| Elementary School | Wake - Wiley Elementary |
| Tax Annual Amount | 4741.77 |
| Middle/Junior High School | Wake - Oberlin Middle |
| Virtual Tour | https://www.zillow.com/view-imx/e418d925-c5a0-462b-aa3e-9d893441511d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Structure Type | Site Built |
| Standard Status | Active |
Interior Features
| Interior Amenities | Entrance Foyer,High Ceilings,Kitchen Island,Shower Only |
|---|---|
| Flooring | Ceramic Tile,Hardwood |
| Total Fireplaces | 4 |
| Fireplace Features | Decorative,See Remarks |
| Air Conditioning Y/N | true |
| Heating Y/N | false |
| Fireplace Y/N | true |
| Above Grade Finished Area | 1708 |
| Laundry Features | Laundry Room |
| Total Bedrooms | 2 |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | Smart Camera(s)/Recording |
|---|---|
| Parking Features | Alley Access,Open,Paved |
| Lot Features | Front Yard |
| Water Source | Public |
| Lot Size Area | 0.12 |
| Foundation Details | Brick/Mortar |
| Building Area Total | 1708 |
| Lot Size Acres | 0.12 |
| Road Surface Type | Alley Paved,Asphalt |
| Road Frontage Type | Alley,City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 27603
Price
Year Built
In The Neighborhood
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- Type
- Single Family
- Size
- 3,566 SqFt
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Benson
$ 1,179,900
794 Cobb Road
Benson, NC 27504
- Type
- Single Family
- Size
- 3,844 SqFt
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- 3 Beds + 3.5 Baths
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Durham
$ 299,000
431 Eugene Street
Durham, NC 27701
- Type
- Single Family
- Size
- 1,472 SqFt
- Rooms
- 3 Beds + 2 Baths
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Smithfield
$ 324,900
311 E Davis Street
Smithfield, NC 27577
- Type
- Single Family
- Size
- 1,461 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Dunn
$ 240,000
807 W Carr Street
Dunn, NC 28334
- Type
- Single Family
- Size
- 1,549 SqFt
- Rooms
- 2 Beds + 1 Baths
Just Listed
Louisburg
$ 649,000
946 Cooke Road
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- Type
- Single Family
- Size
- 1,825 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Dunn
$ 264,000
3835 Us 301 N
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- Type
- Single Family
- Size
- 2,083 SqFt
- Rooms
- 3 Beds + 2 Baths
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Lillington
$ 345,000
1390 Peach Farm Road
Lillington, NC 27546
- Type
- Single Family
- Size
- 1,625 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Raleigh
$ 165,000
5041 Jackson King Road
Raleigh, NC 27603
- Type
- Single Family
- Size
- 1,097 SqFt
- Rooms
- 2 Beds + 1 Baths
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Selma
$ 250,000
409 W Dr. Martin Luther King Jr. Way
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- Type
- Single Family
- Size
- 1,224 SqFt
- Rooms
- 2 Beds + 2 Baths
Just Listed
Durham
$ 625,000
1712 Rosedale Avenue
Durham, NC 27707
- Type
- Single Family
- Size
- 1,655 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Fuquay Varina
$ 349,000
5829 Christian Light Road
Fuquay Varina, NC 27526
- Type
- Single Family
- Size
- 1,802 SqFt
- Rooms
- 2 Beds + 2 Baths
Just Listed
Louisburg
$ 975,000
157 Wiggins Road
Louisburg, NC 27549
- Type
- Single Family
- Size
- 5,477 SqFt
- Rooms
- 4 Beds + 4.5 Baths
