This is the rarest kind of opportunity: a home that gives you seclusion and serenity, while keeping you ten minutes from Downtown Raleigh. Yes, you read that right. Welcome to your timeless brick home, nestled back on over 2 wooded acres of private, peaceful land — a personal retreat that feels worlds away, yet is close enough to all the vibrancy of the city. This two-story stunner is the perfect balance of classic elegance and warm, livable charm. As soon as you arrive, you'll feel it: the kind of presence only a property like this has — mature trees, a long private driveway, and that unmistakable sense of arrival. Step inside and the details start speaking for themselves. The main level features a pristine living room/office, a private formal dining room with chair rail molding, and rich hardwood floors that flow throughout most of the main floor, complemented by crown molding that elevates every space. At the center of it all? A double-sided brick fireplace that anchors both the family room and the kitchen — warming your mornings and lighting up your evenings, whether you're whipping up dinner or cozying up with a book. And speaking of kitchens — this one delivers. Think granite countertops, tile backsplash, raised panel floor-to-ceiling cabinetry, gas range, and a central island ready for prep, entertaining, or just gathering with the ones you love. A charming bay window in the eat-in area frames gorgeous wooded views — so every meal comes with a side of nature. The main level also offers something every home needs but few deliver: a first-floor guest suite, ideal for extended stays or multi-generational living. Upstairs, the Primary Suite is everything you've hoped for: a generous walk-in closet, and a spa-like En Suite bath with dual vanities and a large walk-in shower wrapped in tile. The Bonus Room on the second floor, complete with a wet bar, offers a gorgeous flex space — perfect for a home theater, game room, gym, or a play room. The possibilities are yours to define. Now let's talk about the real magic — the land. Over 2 acres of wooded bliss, completely private, and beautifully quiet. This is the kind of place where you sip your morning coffee in the sunroom, listening to the birds chirping, or wind down with a glass of wine on the large back deck, the forest as your backdrop and peace as your soundtrack. Tranquility. Privacy. Elegance. Proximity. You don't have to choose. This home gives you all of it. So here's your chance to own a slice of the good life — a classic Raleigh abode that brings nature to your doorstep while keeping the city at your fingertips. No City Tax and No HOA fees either! NEW ROOF in 2022 with transferable warranty.
Beautiful brick front home tucked away on private 2.2+ acre wooded lot w/ gorgeous nature views! Main level features prestine living Rm & private dining Rm w/ chair rail. Hardwoods & crown molding throughout most of main level. Double-sided brick gas log FP warms the mood while cooking or relaxing in the main room. Gourmet, eat-in kitchen boasts granite countertops, tile backsplash, raised panel floor-to-ceiling cabinets, island & gas range. Perfectly placed bay window offers backyard views during meals. Convenient main floor bedroom w/ ensuite & washer/dryer. Wooden stairs w/ full oak treads lead to 2 spacious bedrooms & full bath w/ tub/shower. Large primary suite includes custom paint, walk-in closet & luxurious dual vanity ensuite w/ large walk-in shower/marble tile surround. Large bonus w/ wet bar on second level- a space to make your own! Added sunroom (unpermitted space 167sq ft) w/ bead board ceiling & massive remodeled back deck- your private outdoor oasis. Floored, unfinished walk up attic. Oversized 2 car garage. No HOA. NO City Taxes.
Public Records
Nov 25, 1986
Sold
$168,000
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,726 (+3.0%)
$180,500 + $398,963
$579,463
2024
$3,618 (+33.8%)
$180,500 + $398,963
$579,463
2023
$2,704 (+7.9%)
$180,500 + $386,283
$566,783
2022
$2,506 (+2.8%)
$102,000 + $242,232
$344,232
2021
$2,439 (+1.7%)
$102,000 + $242,232
$344,232
2020
$2,399 (+0.9%)
$102,000 + $242,232
$344,232
2019
$2,378 (+8.8%)
$102,000 + $242,232
$344,232
2018
$2,187 (+5.5%)
$91,800 + $196,948
$288,748
2017
$2,073 (+2.1%)
$91,800 + $196,948
$288,748
2016
$2,031 (−9.6%)
$91,800 + $196,948
$288,748
2015
$2,246 (+5.5%)
$91,800 + $196,948
$288,748
2014
$2,129 (+7.1%)
$115,000 + $205,556
$320,556
2013
$1,988
$115,000 + $205,556
$320,556
2012
$1,988
$115,000 + $205,556
$320,556
2011
$1,988
$115,000 + $205,556
$320,556
Tax history for 5125 Penny Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,726 (+3.0%)
$180,500 + $398,963
$579,463
2024
$3,618 (+33.8%)
$180,500 + $398,963
$579,463
2023
$2,704 (+7.9%)
$180,500 + $386,283
$566,783
2022
$2,506 (+2.8%)
$102,000 + $242,232
$344,232
2021
$2,439 (+1.7%)
$102,000 + $242,232
$344,232
2020
$2,399 (+0.9%)
$102,000 + $242,232
$344,232
2019
$2,378 (+8.8%)
$102,000 + $242,232
$344,232
2018
$2,187 (+5.5%)
$91,800 + $196,948
$288,748
2017
$2,073 (+2.1%)
$91,800 + $196,948
$288,748
2016
$2,031 (−9.6%)
$91,800 + $196,948
$288,748
2015
$2,246 (+5.5%)
$91,800 + $196,948
$288,748
2014
$2,129 (+7.1%)
$115,000 + $205,556
$320,556
2013
$1,988
$115,000 + $205,556
$320,556
2012
$1,988
$115,000 + $205,556
$320,556
2011
$1,988
$115,000 + $205,556
$320,556
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
2.23 Acres
Year renovated
1985
Sq. Ft.
2,993
Year built
1985
Style
Single Family Residential
County
Wake County
APN
0791.03 14 7482 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 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.
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Septic Connected
Water Source: Private
Heating & Cooling
Heating: Yes
Heating Information: Central, Fireplace(s), Forced Air
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: No
Association Amenities: None
School Information
Elementary School: Wake County Schools
Middle Or Junior School: Wake County Schools
High School: Wake County Schools
Location Information
County Or Parish: Wake
Directions: From Tryon Road, turn onto Lake Wheeler Road going toward Yates Mill Park. Turn Right onto Penny Road. Home will be on the Left. Home is a wooded lot but pay attention to my Live Raleigh sign.
Latitude: 35.715203
Longitude: -78.687777
Postal Code: 27606
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt, Concrete, Paved
Community Information
Community Features: None
Senior Community: No
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 2,993
Stories: 2.0
Lot Size: 2.23 acres
Style: Single Family Residential
Year Built: 1985
Year Renovated: 1985
County: Wake County
APN: 0791.03 14 7482 000
Home facts updated by county records on Oct 30, 2026
Other
hidden custom fields
In Hall, Inside, Main Level
Listing Date Information
Contract Status Change Date: 2025-10-21
Documents Change Timestamp: 2025-06-07T18:56:12Z
Photos Change Timestamp: 2025-08-01T17:53:12Z
Price Change Timestamp: 2025-09-09T18:18:17Z
Listing Price Information
Previous List Price: 689900.0
Around this home
Schools
K - 12
Preschool & daycare
Yates Mill Elementary
Public PreK-5 • Assigned • 2.8mi
7/10
Dillard Drive Middle
Public 6-8 • Assigned • 3.4mi
7/10
Athens Drive High
Public 9-12 • Assigned • 4.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
58% 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)
49°
31°
55°
37°
70°
47°
77°
56°
79°
61°
90°
70°
92°
74°
83°
69°
81°
64°
70°
53°
66°
47°
54°
36°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$745,000 – $902,000
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