What's not to love about this 5 bedroom home with its full front porch nestled at the end of a quiet Cul-de-Sac in the awesome Winchester neighborhood. An exceptional opportunity to create value in a highly desirable location! This home is being sold "AS IS" but also presents the perfect chance for buyers to build sweat equity while enjoying the benefits of a neighborhood where homes typically command values in the $184 per sq ft. This Floorplan is awesome for a large family or working professionals that need their own office spaces. This community offers amenities as well as community events! Tennis courts have been resurfaced and now offer 2 pickleball courts and 1 tennis court. The location is prime: minutes from downtown Raleigh, major highways including 440 & 540 , access to RDU the airport, shopping, restaurants and entertainment! The 5th bedroom located on the 3rd floor makes a great location for a home office given it's private location, the perfect blend of home and work. There are several areas in the home for gathering; the great room, sunroom, the 4 season room or the large bonus room. The large fenced backyard is wonderful for kids, pets or adults that like to grill and chill. The covered patio with it's firepit as well as the area for a dining table is perfect for outdoor entertaining. living space (2,323 permitted square feet plus approximately 411 additional non-permitted, finished square feet in the 4 season room and the 5th bedroom) and is ideally situated on a quiet cul-de-sac with no through traffic. Fantastic home for the price! Come check out this must see home!
Single-familyProperty Type
1995Year Built
0.28 acresLot Size
$146Price/Sq.Ft.
$61/moHOA Dues
2 garage spacesParking
Listed by Lora Fillingim Brown Fillingim-Brown• Coldwell Banker HPW
Northeast Raleigh, located between Capital Boulevard and the Neuse River, is a residential and commercial Raleigh neighborhood with wooded greenways and lakefront recreation. The neighborhood’s character concentrates around the Triangle Town Boulevard and Capital Boulevard corridor, where big-box retail, casual eateries, and service storefronts line wide, car-oriented streets. Mid-century ranches and newer subdivisions sit alongside pockets of established tree canopy. Buffaloe Road Aquatic Center and Buffaloe Road Athletic Park set an active, outdoors-forward rhythm. The Raleigh Market at the State Fairgrounds adds a weekend ritual with antiques, crafts, and food stalls. Greenway links and river corridors shape daily routes as much as the main arterials.
Provided by Walk Score and Local Logic
Market insights
4500 Rivershyre Way · $400,000
DAYS ON MARKET
158 days
The average home goes pending in 33 days.
SALE-TO-LIST
98.6%
Most homes are selling 1% below list price.
LIST PRICE
$400,000
Median sale price in this area is $563,443. (41% higher than this home)
PRICE DROP
3 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Bathtub/shower combination
Separate shower
Double vanity
Ceiling fans
Eat-in kitchen
Kitchen island
Entrance foyer
Walk-in closets
Gas-log fireplace in the great room (1 total fireplace)
Double-pane windows
Bedrooms
5 bedrooms
Bathrooms
2 full bathrooms
1 half bathroom
Kitchen
Dishwasher
Disposal
Electric oven
Electric range
Microwave
Range
Laundry & utility
Main level laundry
Flooring
Carpet
Hardwood
Tile
Heating & cooling
Central heating with forced air (natural gas)
Fireplace heating
Central air conditioning
Dual-zone cooling
Ceiling fans
Exterior features
Front porch with wrap-around design
Fenced backyard
Private yard
Garden
Storage shed
Pergola
Frontage on a cul-de-sac (home at end of cul-de-sac)
Home design
Site-built house
Tri-level layout
Side door entry
Parking
Attached 2-car garage with garage door opener (garage faces front)
Additional open parking for 4 vehicles
Total parking for 6 vehicles
Construction
Fiber cement and Masonite exterior
Brick/mortar foundation
Shingle roof
Built by Capitol Homes
Utilities
Public water
Public sewer
Natural gas connected
Sewer connected
Water connected
Cable connected
HOA & community
Community association managed by Cedar Management Group
Quarterly association fee
Community amenities include pool, playground, tennis courts, cabana, pond, and landscaping
Other
Lot approximately 0.28 acres (lot dimensions provided)
Zoning: R6
No horse amenities
Electricity and solar
View estimated energy costs and solar savings for this home
Large rocking chr front porch at the end of cul d sac. 1st flr hardwds, crown moldings & 9ft ceilings. 42' glazed cabinets w/ granite cntrtops, ceiling fans. Jacuzzi garden tub, seperate shower. Walk-in closet, walk up attic w/ finished rm for office or bedroom. Cathedral ceiling screened porch w/ walk out deck, large fenced yard. Natural area with garden pond. Outside playhouse.
Public Records
Mar 1, 1995
Sold
$151,500
$55/sq ft
Public Records
Oct 28, 1994
Sold
$26,000
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,572 (+0.4%)
$100,000 + $307,274
$407,274
2024
$3,557 (+19.7%)
$100,000 + $307,274
$407,274
2023
$2,972 (+7.6%)
$100,000 + $307,274
$407,274
2022
$2,762 (+4.0%)
$50,000 + $220,780
$270,780
2021
$2,655 (+1.8%)
$50,000 + $220,780
$270,780
2020
$2,606 (+5.9%)
$50,000 + $220,780
$270,780
2019
$2,461 (+6.0%)
$50,000 + $220,780
$270,780
2018
$2,322 (+5.0%)
$42,000 + $168,670
$210,670
2017
$2,212 (+2.1%)
$42,000 + $168,670
$210,670
2016
$2,166 (−8.5%)
$42,000 + $168,670
$210,670
2015
$2,367 (+5.4%)
$42,000 + $168,670
$210,670
2014
$2,246 (+7.0%)
$48,000 + $178,746
$226,746
2013
$2,098
$48,000 + $178,746
$226,746
2012
$2,098 (+1.0%)
$48,000 + $178,746
$226,746
2011
$2,078
$48,000 + $178,746
$226,746
Public record
Public record
Zoning
Permits
Beds
—
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1995
Finished Sq. Ft.
2,230
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,230
Year built
1995
Style
Single Family Residential
County
Wake County
APN
1725.08 99 9321 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
R-6-CU
Residential-6 District-Conditional Use
R-6 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or townhouse or tiny house with a minimum lot size of 6,000 sq ft. Multi-unit living is also allowed in a townhouse.; Smaller minimum lot sizes are permitted as part of a compact development.; Additional building types, and smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Dimensional standards, maximum density, allowed building types, and allowed uses may be modified for the R-6 district within the TOD overlay or Frequent Transit Areas identified in the City’s Comprehensive Plan to enable transit oriented development.; Each conditional district (bearing the designated CU on the Official Zoning Map) corresponds to a general use district. All zoning requirements that apply to the general use district are also applicable to the corresponding conditional district unless adopted conditions are more restrictive.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
May 2, 2025 • Final
Residential change out hvac
Replace a 2.5 ton heat pump in the walk-up attic serving the upstairs area.
HVAC
May 1, 2025 • Final
Residential change out hvac
Replace a 2.5 ton heat pump in the walk-up attic serving the upstairs area.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
57% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27616
Average low and high temperatures (°F)
49
29
55
35
70
46
77
55
78
60
89
69
90
74
82
67
80
64
72
52
65
44
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4500 Rivershyre Way
$391,176
$8,824 under list price of $400K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $350K to $445K.