OFF MARKET

Off market sep 2022 for $3.3M

$2,405,633

•

8,138

sq ft

5237 Theys Rd, Raleigh, NC 27606

About this home

**DEADLINE FOR OFFERS IS 06/30/22 AT NOON ET** NOW SELLING this AMAZING 67.60 acre parcel that is the original Theys Farm and previously operated as Whispering Hope Stables. This horse lover’s paradise includes a gorgeous 3,613 sq/ft farmhouse that features a 3 bed/4 bath layout, custom features throughout, a wrap-around porch and was built with the highest quality materials. You have to see it to believe it! Amazing custom pool and adjoining pool house/guest cottage are located behind the main house. Auxiliary buildings include a stone 70'x40' horse barn with entertainment area (2,040 sq/ft) on second story, two 60'x36' metal horse barns (one of which has a 2,160 sq/ft finished upper level), greenhouse, chicken coop, tractor shed, storage shed and two utility barns. Lighted riding arena and acres upon acres of fenced pasture make this the perfect horse farm. *Property is subject to Conservation Easement that limits subdivision and residential structures*

Single-familyProperty Type

2013Year Built

67.6 acresLot Size

$296Est. Price/Sq.Ft.

4 spacesParking

Listed by Zach Johnson • The Swicegood Group Inc

Contact: Zach@ZachSoldit.com

Bought with Non Member • Canopy Administration

Redfin checked: 2 minutes ago

•Source:CANOPYMLS as Distributed by MLS Grid #3870810

Redfin Estimate

$2,405,633

$944K since sold in September 2022$48K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 88.3% higher than the average sale price ($1.28M) of 5 comparable homes.

SOLD JUN 17, 2026
$2,330,000
A
3 beds3.5 baths4,556 sq ft
6205 View Water Dr, Raleigh, NC 27606
SOLD OCT 13, 2026
$1,170,000
B
4 beds3.5 baths3,535 sq ft
8012 Penny Rd, Raleigh, NC 27606
SOLD OCT 8, 2026
$825,000
C
3 beds3.5 baths2,680 sq ft
4029 Country Village Dr, Raleigh, NC 27606
SOLD JUN 25, 2026
$925,000
D
3 beds4 baths4,440 sq ft
8208 Aberloch Ct, Raleigh, NC 27606
SOLD JUN 10, 2026
$1,139,000
E
4 beds3.5 baths4,316 sq ft
3928 Colinwood Ln, Raleigh, NC 27606

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Earn from this home

Sell

−$200,535

Est. take-home

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Rent

$4,051/mo

Redfin rental estimate

List your home for rent

Market trends in 27606, NC

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

97.7%

0.3% MoM

Median sale price

$530K

$58K MoM

Avg. days on market

40d

5 days MoM

Recently sold homes

107

17 MoM

New listings for sale

NEW 17 HRS AGO
$159,900
1 bed1 bath540 sq ft
3522 Ivy Commons Dr, Raleigh, NC 27606
NEW 21 HRS AGO
$250,000
2 beds2 baths771 sq ft
1509 Gorman St, Raleigh, NC 27606
$257,900
2 beds2.5 baths1,459 sq ft
1813 Fox Sterling Dr, Raleigh, NC 27606
$155,000
1 bed1 bath540 sq ft
3517 Ivy Commons Dr #301, Raleigh, NC 27606
$450,000
3 beds2 baths1,458 sq ft
5848 Yates Mill Pond Rd, Raleigh, NC 27606
$200,000
2 beds1.5 baths1,100 sq ft
5520 Kaplan Dr Unit A, Raleigh, NC 27606
COMING SOON
$509,900
3 beds2.5 baths2,095 sq ft
241 Kentigern Dr, Raleigh, NC 27606
$395,000
3 beds2 baths1,259 sq ft
233 Singleton St, Raleigh, NC 27606
$300,000
3 beds2 baths1,400 sq ft
5801 Phaeton Cir, Raleigh, NC 27606
3D WALKTHROUGH
$710,000
3 beds2.5 baths2,308 sq ft
2900 Whitehart Ln, Raleigh, NC 27606
See all

Provided by Redfin

Sale history for 5237 Theys Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,664 (+3.0%)

$175,944 + $1,019,104

$1,195,048

2024

$7,441 (+16.8%)

$175,944 + $1,019,104

$1,195,048

2023

$6,370 (+31,750.9%)

$175,944 + $1,019,104

$1,195,048

2022

$20 (−99.7%)

$127,290 + $687,148

$814,438

2021

$5,743 (+1.7%)

$127,290 + $687,148

$814,438

2020

$5,648 (−2.9%)

$127,290 + $687,148

$814,438

2019

$5,819 (+8.8%)

$127,290 + $687,148

$814,438

2018

$5,348 (+5.5%)

$105,982 + $604,016

$709,998

2017

$5,068 (+5.3%)

$105,982 + $604,016

$709,998

2016

$4,812 (+0.1%)

$105,982 + $604,016

$709,998

2015

$4,806 (+7.3%)

$105,982 + $582,096

$688,078

2014

$4,477

$100,678 + $576,812

$677,490

Tax history for 5237 Theys Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,664 (+3.0%)

$175,944 + $1,019,104

$1,195,048

2024

$7,441 (+16.8%)

$175,944 + $1,019,104

$1,195,048

2023

$6,370 (+31,750.9%)

$175,944 + $1,019,104

$1,195,048

2022

$20 (−99.7%)

$127,290 + $687,148

$814,438

2021

$5,743 (+1.7%)

$127,290 + $687,148

$814,438

2020

$5,648 (−2.9%)

$127,290 + $687,148

$814,438

2019

$5,819 (+8.8%)

$127,290 + $687,148

$814,438

2018

$5,348 (+5.5%)

$105,982 + $604,016

$709,998

2017

$5,068 (+5.3%)

$105,982 + $604,016

$709,998

2016

$4,812 (+0.1%)

$105,982 + $604,016

$709,998

2015

$4,806 (+7.3%)

$105,982 + $582,096

$688,078

2014

$4,477

$100,678 + $576,812

$677,490

*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

3.5

Stories

Lot width

—

Lot depth

—

Lot size

67.6 Acres

Year renovated

2013

Sq. Ft.

3,546

Year built

2013

Style

Single Family Residential

County

Wake County

APN

0781.03 12 8606 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.

Permitted uses

Include but are not limited to:

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

Property details

Parking

Parking Information
Main Level Garage Y/N: 0
Parking Features: Parking Space - 4+

Interior

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 4

Laundry Room Information
Laundry Features: Upper Level

Fireplace Information
Fireplace Features: Living Room

Heating & Cooling
Heating Information: Heat Pump, Heat Pump

Interior Features
Interior Features: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry
Appliances: Bar Fridge, Ceiling Fan(s), CO Detector, Gas Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Hood, Plumbed For Ice Maker, Microwave, Refrigerator
Flooring: Wood

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Fiber Cement
Roof: Metal

Exterior Features
Exterior Features: Arena, Barn(s), Equestrian Facilities, Fence, Fence, Fire Pit, Greenhouse, Outbuilding(s), In Ground Pool, Shed(s), Stable, Storage, Tractor Shed

Waterfront Information
Waterfront Features: None

Property Information
Second Living Quarters: Exterior Not Connected
Property Type: Residential
Property Sub Type: Single Family Residence

Lot Information
Lot Features: Creek Front, Lake On Property, Pasture, Pond(s), Private, Creek/Stream, Wooded, Wooded
Lot Size Area: 67.6
Lot Size Units: Acres
Road Surface Type: Gravel
Road Responsibility: Public Maintained Road

Utilities

Utility Information
Water Source: Well
Sewer: Septic Installed
Water Heater Information: Electric,Gas

Location

Multi-Unit Information
# of Units: 0
Restrictions: Other - See Media/Remarks
Restrictions Description: Conservation Easement

HOA Information
HOA Subject To: None

School Information
Elementary School: Unspecified
Middle Or Junior High School: Unspecified
High School: Unspecified

Location Information
Directions: from I-40, take the Forman Street exit and travel South on Gorman Street. Turn Right onto Tryon Road. Turn Left onto Yates Mill Pond Road. Turn Right onto Theys Road. Property is at the end of Theys Road, on Left.

Public facts

Beds: —
Baths: 3.5
Sq. Ft.: 3,546
Stories: 2.0
Lot Size: 67.6 acres
Style: Single Family Residential
Year Built: 2013
Year Renovated: 2013
County: Wake County
APN: 0781.03 12 8606 000

Home facts updated by county records on Oct 30, 2026

Other

Home Information
Total Primary HLA: 3613
Living Area: 8138
Sq. Ft. Upper: 1670
Sq. Ft. Third: 0
Sq. Ft. Main: 1943
Sq. Ft. Lower: 0
Second Living Quarters Heated Living Area: 4525
Building Area Total: 8138
Foundation Details: Crawl Space
Structure Type: Two Story

Around this home

Schools

K - 12
Preschool & daycare

Swift Creek Elementary

Public K-5 • Assigned • 2.6mi

8/10

Dillard Drive Middle

Public 6-8 • Assigned • 3.1mi

7/10

Athens Drive High

Public 9-12 • Assigned • 4.3mi

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 104° 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

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

$2.29M – $2.77M

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New listings for sale in 27606

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Brand-new hvac • Masonry fireplace • Built-in bar

Home values near 5237 Theys Rd

Data from public records.

Address	Redfin Estimate
5236 Theys Rd, Raleigh, NC - Beds \| 3.5 Baths \| 3423 Sq. Ft.	$1,442,343
6316 Donnybrook Dr, Raleigh, NC 3 Beds \| 2 Baths \| 1240 Sq. Ft.	$422,122
5700 Baird Dr, Raleigh, NC 3 Beds \| 3 Baths \| 4066 Sq. Ft.	$926,396
5704 Baird Dr, Raleigh, NC 3 Beds \| 4 Baths \| 3350 Sq. Ft.	$863,426
5709 Baird Dr, Raleigh, NC - Beds \| 2.5 Baths \| 2152 Sq. Ft.	$532,428
5716 Crutchfield Rd, Raleigh, NC - Beds \| 3.5 Baths \| 5474 Sq. Ft.	$1,244,326
6329 Donnybrook Dr, Raleigh, NC - Beds \| 2.5 Baths \| 2093 Sq. Ft.	$494,028

Address	Redfin Estimate
5124 Theys Rd, Raleigh, NC 3 Beds \| 3.5 Baths \| 3500 Sq. Ft.	$105,548
6313 Donnybrook Dr, Raleigh, NC 3 Beds \| 2.5 Baths \| 2384 Sq. Ft.	$538,674
5708 Baird Dr, Raleigh, NC - Beds \| 2.5 Baths \| 1852 Sq. Ft.	$502,267
5713 Baird Dr, Raleigh, NC - Beds \| 2.5 Baths \| 2166 Sq. Ft.	$554,923
5701 Baird Dr, Raleigh, NC 2 Beds \| 2.5 Baths \| 1510 Sq. Ft.	$567,586
5712 Crutchfield Rd, Raleigh, NC 4 Beds \| 3 Baths \| 2822 Sq. Ft.	$794,001
6309 Earle Ridge Ln, Raleigh, NC 4 Beds \| 3.5 Baths \| 3936 Sq. Ft.	$1,008,152

Address	Redfin Estimate
5212 Theys Rd, Raleigh, NC 4 Beds \| 4.5 Baths \| 4208 Sq. Ft.	$1,486,544
6321 Donnybrook Dr, Raleigh, NC 3 Beds \| 2 Baths \| 1300 Sq. Ft.	$387,438
5705 Baird Dr, Raleigh, NC - Beds \| 2 Baths \| 2048 Sq. Ft.	$590,059
5712 Baird Dr, Raleigh, NC 3 Beds \| 2 Baths \| 2410 Sq. Ft.	$590,436
5708 Crutchfield Rd, Raleigh, NC 3 Beds \| 2.5 Baths \| 2974 Sq. Ft.	$673,104
5704 Crutchfield Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 2682 Sq. Ft.	$689,016
5700 Crutchfield Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 2347 Sq. Ft.	$934,215

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27606, NC

Sale history for 5237 Theys Rd

Tax history for 5237 Theys Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27606

Home values near 5237 Theys Rd

More real estate resources