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About this home
Freshly transformed with a complete top-to-bottom renovation—no detail overlooked. Private 1/2-acre lot, NO HOA, and NO city taxes! Perched beautifully on a hill on a double-ended cul-de-sac, this professionally designed 3-bed, 2-bath masterpiece—complete with a detached 2-story 1300+ sf Flex Building/Workshop, highly versatile Bonus room/Office, and Finished Basement—offers the ultimate blend of custom luxury, functional freedom, and an unbeatable location! Surrounded by newer homes on the block, this well-curated property is built for both high-end daily living and effortless entertaining. [ INSIDE THE HOME ] SUN-DRENCHED LIVING: An abundance of windows and glass doors flood the space with natural light. -DESIGNER KITCHEN: A chef's dream featuring a handy pot-filler and an oversized waterfall island. -PRIMARY SANCTUARY: Complete with a custom built-in closet and a massive, luxury walk-in shower. -FINISHED BASEMENT: Downstairs, a fully finished basement provides fantastic extra living space—perfect for a media room, gym, or guest suite! [ OUTSIDE & UTILITY ] -DETACHED 2-STORY FLEX BUILDING: A massive secondary structure equipped with a cargo elevator. Unmatched potential for a dedicated home business, creative studio, trade workshop, or ultimate storage! -ENTERTAINING OASIS: Large front and back yards flanked by a screened-in gazebo and a large step-up floating deck. [LOCATION & FUTURE GROWTH ] STAY CONNECTED: Enjoy ultimate peace while being just 2 minutes to major retail, dining, and key highway arteries. RALEIGH'S SOUTHERN GATEWAY: Only 7 minutes to the new Red Hat Amphitheater and right next to the game-changing, multi-billion dollar Downtown South development! Opportunities with this level of custom design, premium lot space, and sheer utility do not last. Schedule your tour today!
Single-familyProperty Type
1962Year Built
0.48 acresLot Size
$194Price/Sq.Ft.
4 spacesParking
Listed by David Wilson• Carolina's Choice Real Estate
Listed by Shelley Allen• Carolina's Choice Real Estate
Live freely without city taxes on nearly half an acre just six miles from Downtown Raleigh and minutes from Timber Crossing and White Oak shopping centers. This well-built, one-owner brick ranch offers 2,200+ square feet of comfortable living and timeless construction quality rarely found in newer homes. Built in 1962 and improved throughout the years (effective year 1982), this home features: Skylight domes for abundant natural light in the kitchen and baths Updated HVAC (approx. 7 years old) Lush landscaping and generous yard space with a gazebo Detached 30x30 garage and storage and rear shed for ample storage The adjoining lot at 5515 Spring Rd on the left is also for sale. Buying both properties for $475K creates unmatched flexibility for storage, expansion, or future development. Lots and the home can be purchased separately or together. While the home awaits your cosmetic updates, it offers unbeatable value in a great area. The size, layout, storage, and prime location, along with the absence of city taxes, make this a standout opportunity for buyers who value space, privacy, and potential.
Year
Property tax
Land + Additions
Assessment*
2025
$2,614 (+3.0%)
$100,000 + $305,559
$405,559
2024
$2,539 (+28.5%)
$100,000 + $305,559
$405,559
2023
$1,975 (+7.9%)
$100,000 + $305,559
$405,559
2022
$1,831 (+2.7%)
$55,000 + $195,764
$250,764
2021
$1,782 (+1.7%)
$55,000 + $195,764
$250,764
2020
$1,753 (+17.5%)
$55,000 + $195,764
$250,764
2019
$1,491 (+8.7%)
$55,000 + $195,764
$250,764
2018
$1,372 (+5.5%)
$36,000 + $144,168
$180,168
2017
$1,301 (+2.1%)
$36,000 + $144,168
$180,168
2016
$1,274 (−2.7%)
$36,000 + $144,168
$180,168
2015
$1,309 (+5.5%)
$36,000 + $144,168
$180,168
2014
$1,241 (+7.0%)
$40,000 + $145,635
$185,635
2013
$1,160
$40,000 + $145,635
$185,635
2012
$1,160
$40,000 + $145,635
$185,635
2011
$1,160
$40,000 + $145,635
$185,635
Public record
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.48 Acres
Year renovated
1982
Finished Sq. Ft.
2,321
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,321
Year built
1962
Style
Single Family Residential
County
Wake County
APN
1701.19 62 7351 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
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, 16 days in 30 years
6/10 Wind Factor
62% 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 • 27603
Average low and high temperatures (°F)
49
28
55
35
70
45
77
54
79
59
90
68
91
73
82
67
81
64
73
51
66
43
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5517 Spring Rd
$536,210
$14K under list price of $550K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $380K to $750K.