More than a traditional ranch, this Winchester home pairs three first-floor bedrooms, including the primary, with an upstairs loft, two additional bedrooms and a full bathroom. A separate entrance from the two-car garage to the upstairs adds flexibility for work, hobbies or everyday living for multigenerational families or a caregiver space. With 2,817 heated square feet, five bedrooms and three full bathrooms, the layout offers room to spread out. Hardwood flooring and plantation shutters bring warmth to the first floor, while built-in bookcases and a gas fireplace add character. The kitchen features oak cabinets and tile flooring. A place for every chapter—and every collection, the built-in bookcases are also in the family room, an upstairs bedroom and an upstairs storage area make room for your favorite reads and collected treasures. The first floor primary has a large closet with custom shelving. Finished upstairs storage areas help keep belongings organized. Outside, enjoy a back deck and level backyard. Winchester amenities include a community pool, tennis, pickleball courts and a playground. Located in Raleigh's 27616 ZIP code, this single-family home combines first-floor living with additional space upstairs. Conveniently located less than 5 minutes from I-540 and under 10 minutes from I-440, you'll enjoy easy access to shopping, dining, parks, and all that the Triangle has to offer.
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
4501 Rivershyre Way · $395,000
DAYS ON MARKET
1 days
The average home goes pending in 41 days.
SALE-TO-LIST
98.4%
Most homes are selling 2% below list price.
LIST PRICE
$395,000
Median sale price in this area is $525,913. (33% higher than this home)
PRICE DROP
0 price drops
30% 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
Bookcases
Ceiling fans
Crown molding
Living and dining room combination
Open floor plan
Recessed lighting
Storage
Vaulted ceilings
Gas log fireplace
Bedrooms
5 bedrooms
3 bedrooms on the main level
Bathrooms
3 full bathrooms
Kitchen
Dishwasher
Gas range
Microwave
Refrigerator
Laundry & utility
Main-level laundry room
Gas dryer hookup
Flooring
Carpet
Hardwood
Tile
Heating & cooling
Forced-air heating
Central air conditioning
Exterior features
Deck
Home design
One-and-a-half-story home
Front entry
Parking
Attached garage with 2 spaces
Driveway
Paved parking
Construction
Vinyl siding
Architectural shingle roof
Utilities
Public sewer
Public water
Electricity connected
Natural gas connected
HOA & community
Community amenities include a playground, pool, and tennis courts
Electricity and solar
View estimated energy costs and solar savings for this home
PRICE REDUCED! LOVELY 1.5 STORY HOME ON A CUL-DE-SAC. 5 BED, 3 DOWN & 2 UP. 3 BATH. MASTER BATH HAS 2 VANITIES, SEPERATE SHOWER AND TUB PLUS WALK IN CLOSET. BEDROOM AND BATH COULD ACCOMADATE A LIVE-IN PARENT. 2 BED UP COULD BE USED FOR OFFICE. HARDWOODS 1st FLOOR. TWO WALK IN FLOORED ATTIC AREAS FOR STORAGE. LOT IS NICELY LANDSCAPED. COMMUNITY POOL & TENNNIS. HOME WARRANTY PROVIDE
Public Records
Jun 29, 1998
Sold
$193,500
$69/sq ft
Public Records
Feb 26, 1998
Sold
$192,000
$68/sq ft
Public Records
Dec 7, 1994
Sold
$150,000
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,405 (+0.4%)
$100,000 + $288,102
$388,102
2024
$3,391 (+16.0%)
$100,000 + $288,102
$388,102
2023
$2,924 (+7.6%)
$100,000 + $288,102
$388,102
2022
$2,717 (+4.0%)
$50,000 + $216,394
$266,394
2021
$2,612 (+1.8%)
$50,000 + $216,394
$266,394
2020
$2,565 (+5.8%)
$50,000 + $216,394
$266,394
2019
$2,424 (+6.0%)
$50,000 + $216,394
$266,394
2018
$2,287 (+5.0%)
$42,000 + $165,464
$207,464
2017
$2,178 (+2.1%)
$42,000 + $165,464
$207,464
2016
$2,133 (−7.8%)
$42,000 + $165,464
$207,464
2015
$2,313 (+5.4%)
$42,000 + $165,464
$207,464
2014
$2,194 (+7.0%)
$48,000 + $173,527
$221,527
2013
$2,051
$48,000 + $173,527
$221,527
2012
$2,051 (+1.0%)
$48,000 + $173,527
$221,527
2011
$2,030
$48,000 + $173,527
$221,527
Public record
Public record
Zoning
Permits
Beds
—
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
1994
Finished Sq. Ft.
2,397
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,397
Year built
1994
Style
Single Family Residential
County
Wake County
APN
1725.08 99 8340 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 31, 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
Apr 27, 2021 • Final
Residential change out hvac
Replace the lower gas package unit located outside of a residential building.
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
73
82
67
80
63
70
52
65
44
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 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.
9.1 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4501 Rivershyre Way
$395,771
$771 over list price of $395K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $361K to $403K.