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5516 Wallace Martin Way, Raleigh, NC 27616

$450,000

Gray two-story house with a metal roof and landscaping at 5516 Wallace Martin Way, Raleigh, NC 27616
  • Bedrooms

    3

  • Baths

    3

  • Sq. Feet

    1856

  • Year Built

    2020

  • Days On Market

    21

  • $/SqFt

    $242

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Home Description

*$5000 SELLER PAID CLOSING COSTS OFFERED TO BUYER WITH ACCEPTABLE OFFER* Stunning modern cottage in the highly desirable 5401 North neighborhood! This home shows like a model with thoughtful design and countless upgrades. Meticulously maintained and feeling like new, it features LVP floors throughout the first level, wooden stair treads, and custom features like built-in shelves, tray ceilings, and wainscoting. The open floor plan connects the kitchen, living room, and dining area, making it perfect for entertaining! The kitchen features a spacious island with pendant lighting, a 5-burner gas range, upgraded appliances, quartz countertops, and stunning tile backsplash. Cozy up at the gas fireplace in the living room. The first floor primary offers comfort and luxury, complete with two walk-in closets and bathroom featuring dual vanities and a large tiled shower. Upstairs, you'll find a versatile loft, perfect as an office, playroom, secondary living space, or gym! Two additional bedrooms connected by a jack and jill bath. A huge walk-in attic provides excellent storage options! With ample storage throughout, this home is as functional as it is beautiful. Attached 2 car garage! Step outside to relax on the screened porch or enjoy the vibrant 5401 North community, offering resort-style amenities like a pool, clubhouse, gym, dog park, outdoor fitness park, community farm, and greenway access. The HOA covers lawn care and amenities for a low-maintenance lifestyle. Conveniences abound in the neighborhood, including childcare and schools, coffee shop, and local favorite Heyday Brewing. Just 20 minutes to RDU Airport and Downtown Raleigh, this home truly has it all.

  • Interior: Bathtub/Shower Combination,Bookcases,Breakfast Bar,Built-in Features,Ceiling Fan(s),Chandelier,Crown Molding,Dining L,Double Vanity,Dual Closets,Eat-in Kitchen,Entrance Foyer,High Ceilings,Kitchen Island,Master Downstairs,Open Floorplan,Pantry,Quartz Counters,Shower Only,Smooth Ceilings,Storage,Tray Ceiling(s),Walk-In Closet(s),Walk-In Shower
  • # Fireplaces: 1
  • Fireplace Features: Gas,Gas Log,Living Room
  • Appliances: Dishwasher,Disposal,Dryer,Gas Cooktop,Ice Maker,Microwave,Oven,Range,Refrigerator,Washer,Washer/Dryer
  • Laundry: Laundry Room,Main Level
  • Flooring: Carpet,Tile,Vinyl
  • Full Baths: 2
  • Half Baths: 1
  • Parking: Attached,Covered,Garage,Garage Faces Rear
  • Pool: Association,Community
  • Structure: Site Built
  • Exterior: Rain Gutters
  • Construction Materials: Fiber Cement
  • Accessibility: Accessible Bedroom
  • Roof: Shingle
  • Foundation: Slab
  • Patio/Porch: Covered,Front Porch,Porch,Rear Porch,Screened
  • Common Walls: No Common Walls
  • Windows: Blinds
  • Lot: Corner Lot,Front Yard,Landscaped
  • Lot Size Acres: 0.10
  • View: Neighborhood

Available now at $450,000

Approximate Room Sizes/Locations

Dining Room13.00 x 9.00Main
Kitchen13.00 x 14.90Main
Laundry7.90 x 6.00Main
Living Room12.60 x 17.33Main
Other12.00 x 9.10Main
Other16.90 x 9.58Second
Primary Bathroom9.67 x 8.67Main
  • Property Type: Single Family Residence
  • Style: Cottage,Craftsman,Traditional
  • Levels: Two
  • New Construction: No
  • Builder: Lennar
  • Heating: Fireplace(s),Forced Air
  • Cooling: Ceiling Fan(s),Central Air
  • Water Source: Public
  • Sewer: Public Sewer
  • Community: Clubhouse,Curbs,Fitness Center,Lake,Playground,Pool,Restaurant,Sidewalks,Street Lights
  • Association Fee 1: $100 Monthly
  • Total HOA Dues: $1,197.00
  • Annual Taxes: $3,968.20
  • Listing Office: Keller Williams Legacy
  • List Status: Active

Neighborhood

The average asking price of a 3 bedroom Raleigh home in this zip code is $402,129 (10.6% less than this home).

This home is priced at $242/sqft, which is 8.0% less than similar homes in the 27616 zip code.

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School Information

  • Elementary:Wake - River Bend
  • Middle School:Wake - River Bend
  • High School:Wake - Rolesville

Financial

  • Approx Payment:$2,189*

Area Stats

These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (919) 799-8209 and speak with one of our real estate consultants.

Listing Courtesy of Keller Williams Legacy. For information or to schedule a viewing of this property (MLS# 10068342), call: 919-799-8209

5516 Wallace Martin Way, Raleigh NC is a single family home of 1856 sqft and is currently priced at $450,000 . This single family home has 3 bedrooms. A comparable home for sale at 4312 Windstorm Way in Raleigh is listed at $289,500. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Raleigh, NC. Evian Heights, Gatewood and Mitchell Mill are nearby neighborhoods. MLS 10068342 has been posted on this site since 12/26/2024 (today).

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers� personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved. Listings last updated 1/15/2025.

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