For sale

$1,636,000

Est. $9,748/mo —

•

4,500

sq ft

5033 Theys Rd, Raleigh, NC 27606

About this home

To be built on a rare, flat two acre homesite in Raleigh, this proposed luxury home offers approximately 4,534 square feet with 5 bedrooms, 6 baths, a 3 car garage and exceptional indoor and outdoor living. The main level features soaring ceilings, a dedicated home office, open living and dining spaces and a gourmet kitchen with an oversized island, generous cabinetry, walk in pantry and butler's pantry. Expansive doors open to an extended screened porch with an outdoor fireplace. The first floor owner's suite includes a luxurious bath with soaking tub, walk in shower, dual vanities and generous walk in closet, while a separate main floor guest suite provides added privacy and flexibility. Upstairs, three additional bedrooms are joined by a spacious game room with wet bar, dedicated media room and second floor covered porch. The flat two acre setting offers incredible possibilities for a pool, gardens, outdoor entertaining and plenty of open space. Enjoy the privacy and flexibility of acreage while remaining close to Downtown Raleigh and Downtown Cary, Fenton, Waverly Place, shopping, dining, RDU, RTP and major roadways connecting you throughout the Triangle. To be built by Drees Custom Homes. Photos are of a previously completed home featuring the same approximately 4,534 square foot floor plan and are intended to illustrate the proposed design, layout and potential finishes. Final plans, features, selections, specifications, pricing and square footage are subject to change.

Single-familyProperty Type

1920Year Built

2 acresLot Size

$364Price/Sq.Ft.

3 garage spacesParking

Listed by Cynthia Quarantello Realty Group - Brokered by Real Broker, LLC Quarantello • Real Broker LLC

Listing updated: Sep 15, 2026 at 11:34am

Redfin checked: 2 minutes ago

•Source:TMLS #10192727

Payment calculator

$9,748 per month

Principal and interest$9,151

Property taxes

$201

HOA dues

Home insurance

$395

Utilities

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Next available date: Monday, October 12

Open houses

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Around this home

Schools

K - 12
Preschool & daycare

Swift Creek Elementary

Public K-5 • Assigned • 2.2mi

8/10

Dillard Drive Middle

Public 6-8 • Assigned • 2.7mi

7/10

Athens Drive High

Public 9-12 • Assigned • 3.8mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

5033 Theys Rd · $1,636,000

Strong offer

$1.63M and above

75% chance or better to win

Why $1.63M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 41 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Bar and wet bar
Bathtub/shower combination
Beamed ceilings
Breakfast bar
Built-in features
Butler's pantry
Ceiling fan(s)
Chandelier
Coffered ceilings
Crown molding
Eat-in kitchen
Entrance foyer
Granite counters
High ceilings
Kitchen island
Kitchen/dining room combination
Living/dining room combination
Open floorplan
Pantry
Primary bedroom on main level
Quartz counters
Recessed lighting
Soaking tub
Stone counters
Tray ceilings
Walk-in closet(s)
Walk-in shower
Water closet

Bedrooms
Five bedrooms total
Two bedrooms on the main level

Bathrooms
Five full bathrooms
Two half bathrooms
Soaking tub
Walk-in shower
Bathtub/shower combination
Water closet

Kitchen
Built-in gas range
Built-in range
Built-in refrigerator
Gas range
Range
Range hood
Wall oven
Microwave
Refrigerator
Dishwasher
Wine cooler
Butler's pantry
Kitchen island
Breakfast bar
Granite and quartz counters

Laundry & utility
Tankless water heater

Flooring
Hardwood
Wood
Tile
Carpet

Heating & cooling
Central heating (natural gas)
Fireplace(s) for supplemental heat
Central air conditioning
One living room fireplace with glass doors

Sale and tax history for 5033 Theys Rd

Sale History
Tax History

Date

Event

Price

TMLS #10192727

Sep 15, 2026

Listed

$1,636,000

$364/sq ft

TMLS #10192735

Sep 15, 2026

Listed

$575,000

$128/sq ft

Rare, flat two acre homesite in an exceptional Raleigh location. Bring your own builder and create the home you have envisioned, or explore the separate residential listing mls 10192727 featuring a proposed luxury home, floor plan and design for this remarkable property. With city water and sewer available, no HOA and beautiful mature hardwoods, the property offers incredible flexibility and space to create a private retreat, including room for a pool and expansive outdoor living. Enjoy the rare combination of acreage and accessibility, with Downtown Raleigh and Downtown Cary nearby, along with Fenton, Waverly Place, Trader Joe's, Whole Foods, RDU International Airport, Research Triangle Park and major roadways connecting you throughout the Triangle. An increasingly hard to find opportunity to build a custom home on two usable acres while staying close to everything Raleigh and Cary have to offer.

TMLS #10129482

Dec 2, 2025

Sold

$470,000

$104/sq ft

Oct 28, 2025

Pending

—

Oct 24, 2025

Listed

$550,000

$122/sq ft

+29

Discover a rare opportunity in one of Raleigh's most desirable areas. This charming 1920 farmhouse sits on two acres of beautiful, usable land surrounded by mature trees and open space, just minutes from NC State, Lake Johnson, Cary, and downtown Raleigh. With no HOA, the possibilities are endless. Steeped in historic character and southern charm, the home offers original details that tell a story of simpler times while inviting you to dream of what could be. Renovate and restore this classic home to its original beauty, or design and build your dream home from the ground up on this stunning lot. The combination of history, location, and acreage creates an unmatched opportunity to live close to everything while enjoying the privacy and tranquility of a rural setting. Whether you're a developer, investor, or simply ready to build your forever home, 5033 Theys Road is a rare find, an opportunity to own a piece of Raleigh history with the freedom to create your future exactly as you imagine it.

Year

Property tax

Land + Additions

Assessment*

2025

$2,345 (+3.0%)

$204,000 + $159,466

$363,466

2024

$2,277 (+30.8%)

$204,000 + $159,466

$363,466

2023

$1,740 (+7.9%)

$204,000 + $159,466

$363,466

2022

$1,614 (+2.7%)

$149,000 + $71,650

$220,650

2021

$1,571 (+1.7%)

$149,000 + $71,650

$220,650

2020

$1,545 (+3.0%)

$149,000 + $71,650

$220,650

2019

$1,499 (+8.7%)

$149,000 + $71,650

$220,650

2018

$1,379 (+5.5%)

$140,000 + $41,139

$181,139

2017

$1,308 (+2.1%)

$140,000 + $41,139

$181,139

2016

$1,281 (−10.1%)

$140,000 + $41,139

$181,139

2015

$1,425 (+5.5%)

$140,000 + $41,139

$181,139

2014

$1,351 (+7.0%)

$140,000 + $62,352

$202,352

2013

$1,262

$140,000 + $62,352

$202,352

2012

$1,262

$140,000 + $62,352

$202,352

2011

$1,262

$140,000 + $62,352

$202,352

Public record

Public record
Zoning
Permits

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2 Acres

Year renovated

1960

Finished Sq. Ft.

1,624

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,624

Year built

1920

Style

Single Family Residential

County

Wake County

APN

0781.03 14 8851 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-40W

Residential-40 Watershed District

The R-40W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space

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

52% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27606

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

100/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 2% for direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.3 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5033 Theys Rd

$1,586,833

$49K under list price of $1.64M

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $815K to $2.3M.

SOLD JUN 17, 2026
$2,330,000 Last sold price
3 beds3.5 baths4,556 sq ft
6205 View Water Dr, Raleigh, NC 27606
$147/sq ft
69 years newer
SOLD JUN 18, 2026
$1,008,000 Last sold price
4 beds4 baths4,000 sq ft
2905 Hunters Bluff Dr, Raleigh, NC 27606
$112/sq ft
smaller lot
74 years newer
SOLD SEP 23, 2026
$815,000 Last sold price
4 beds3 baths2,995 sq ft
4705 Carolton Dr, Raleigh, NC 27606
$92/sq ft
smaller lot
74 years newer
SOLD JUN 9, 2026
$1,020,000 Last sold price
4 beds3.5 baths4,454 sq ft
2205 Wood Cutter Ct, Raleigh, NC 27606
$135/sq ft
smaller lot
95 years newer
SOLD NOV 24, 2025
$1,390,000 Last sold price
4 beds4.5 baths4,208 sq ft
5212 Theys Rd, Raleigh, NC 27606
$34/sq ft
larger lot
20 years newer

Rental earnings

Est. $1,971 per month, based on comparable rentals

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