Welcome to 5208 Melbourne Road, a fully renovated all-brick ranch located on a flat lot that backs directly to Powell Park in the heart of Raleigh. Renovated from the studs up and completed in February 2022, this home was reimagined with no expense spared and exceptional attention to detail. The home was transformed from a 4-bedroom, 2-bath layout into a more open and functional 3-bedroom, 2.5-bath floor plan. The kitchen, dining, and living areas were opened up to create a bright, welcoming flow, anchored by a fully remodeled kitchen featuring new cabinets, double pantry cabinets, countertops, tile backsplash, appliances, and an oversized island. A mudroom and half bath were added off the carport for added convenience. The luxurious primary suite includes a tiled walk-in shower, dual vanity, private water closet, and large closet. Two spacious guest rooms share a jack and jill bathroom. The dedicated laundry room is centrally located and features custom cabinetry. Every major system was replaced during the renovation in 2022, including a new roof, new HVAC and ductwork, updated plumbing, and a completely new electrical system with new panel, wiring, switches, outlets, recessed lighting, and ceiling fans in all bedrooms and the living room. The home also includes new windows (2022), interior and exterior doors & refinished hardwood floors throughout. A fully finished studio/workshop was added with new insulation, lighting, HVAC, and electrical—ideal for a home office, gym, or creative space. The crawl space is protected with a vapor barrier. Extensive landscaping was completed in 2025, including new beds, rock features, and plantings. This turnkey home blends classic charm with modern updates in an unbeatable location. Don't miss the opportunity to enjoy move-in-ready living with direct access to Powell Park and close proximity to downtown Raleigh, NC State, and Cary.
Single-familyProperty Type
1958Year Built
0.3 acresLot Size
$396Est. Price/Sq.Ft.
3 spacesParking
Listed by Paul Corsa• Cambridge & Assoc. R.E. Group
Bought with Robyn Marshall• Pace Realty Group, Inc.
PRIME LOCATION, just off 440 near Powell Park. Investors only.
Year
Property tax
Land + Additions
Assessment*
2025
$3,942 (+0.4%)
$200,000 + $249,731
$449,731
2024
$3,926 (+45.0%)
$200,000 + $249,731
$449,731
2023
$2,708 (+7.6%)
$200,000 + $249,731
$449,731
2022
$2,517 (+106.3%)
$105,000 + $141,573
$246,573
2021
$1,220 (+1.8%)
$105,000 + $141,573
$246,573
2020
$1,198 (+9.9%)
$105,000 + $141,573
$246,573
2019
$1,090 (+5.9%)
$105,000 + $141,573
$246,573
2018
$1,029 (+4.9%)
$90,000 + $94,683
$184,683
2017
$981 (+2.1%)
$90,000 + $94,683
$184,683
2016
$960 (+2.7%)
$90,000 + $94,683
$184,683
2015
$935 (+5.4%)
$90,000 + $94,683
$184,683
2014
$887 (+6.9%)
$90,000 + $86,747
$176,747
2013
$830
$90,000 + $86,747
$176,747
2012
$830 (+1.0%)
$90,000 + $86,747
$176,747
2011
$822
$90,000 + $86,747
$176,747
Tax history for 5208 Melbourne Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,942 (+0.4%)
$200,000 + $249,731
$449,731
2024
$3,926 (+45.0%)
$200,000 + $249,731
$449,731
2023
$2,708 (+7.6%)
$200,000 + $249,731
$449,731
2022
$2,517 (+106.3%)
$105,000 + $141,573
$246,573
2021
$1,220 (+1.8%)
$105,000 + $141,573
$246,573
2020
$1,198 (+9.9%)
$105,000 + $141,573
$246,573
2019
$1,090 (+5.9%)
$105,000 + $141,573
$246,573
2018
$1,029 (+4.9%)
$90,000 + $94,683
$184,683
2017
$981 (+2.1%)
$90,000 + $94,683
$184,683
2016
$960 (+2.7%)
$90,000 + $94,683
$184,683
2015
$935 (+5.4%)
$90,000 + $94,683
$184,683
2014
$887 (+6.9%)
$90,000 + $86,747
$176,747
2013
$830
$90,000 + $86,747
$176,747
2012
$830 (+1.0%)
$90,000 + $86,747
$176,747
2011
$822
$90,000 + $86,747
$176,747
*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
Permits
Beds
—
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
2010
Sq. Ft.
1,344
Year built
1958
Style
Single Family Residential
County
Wake County
APN
0783.06 48 7169 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-4
SRPOD
Residential-4 District
Subject to the density restriction of 4 units per acre, R-4 allows single-unit living in a detached house with a minimum lot size of 10,000 sq ft.; Decreased minimum lot sizes are permitted as part of a compact development.; Additional building types, smaller lot sizes and increased density as part of a conservation development are allowed in exchange for preserving common open space.
Zone overlays
Special Residential Parking Overlay District
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Jan 30, 2026 • Final
Residential deck/porch
Build a new screen porch. Build a new concrete patio and a small walkway.
ADU
Jan 29, 2026 • Final
Residential electrical sub-
Build a new screen porch. Build a new concrete patio and a small walkway.
Addition
Electrical
Plumbing
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.