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516 W Peace Street Raleigh, NC $ 1,195,000
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$ 1,195,000 Get more info
516 W Peace Street
$ 1,195,000
Back to search
Share Save

516 W Peace Street

Raleigh, NC, 27603
$ 1,195,000
Bedrooms2 Baths1.0 Sq 1,708

Monthly Estimate*

$ 8,254

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Single Family Home for sale in Raleigh, NC

for $1,195,000 with 2 bedrooms and 1 full bath. This 1,708 square foot home was built in 1908 on a lot size of 0.12.

Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen. Two bedrooms and one full bath complete the thoughtfully designed floor plan. Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear parking area with convenient side alley access to a quiet neighborhood street. The home is in very good condition and has been updated with a new HVAC system and a newer hot water heater, providing peace of mind while preserving its classic character. Currently zoned NX-3 for Neighborhood Business, this versatile property offers exceptional flexibility. Continue to enjoy it as a charming residence or explore the many possibilities for a neighborhood business. A unique opportunity to own a property with historic charm, modern conveniences, and outstanding potential. Price Reduction!

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Single Family Active

Price

$ 1,195,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

0.12

Year Built

1908

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10183887
Features
General
Sewer Public Sewer
Heating None
Cooling Central Air Electric Gas
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Shingle
Appliances Dishwasher Free-Standing Electric Range Free-Standing Refrigerator
Zoning NX-3
Patio/Porch Features Covered Porch Wrap Around See Remarks
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 1908
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Sidewalks
County Wake
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Not in a Subdivision
Garage Y/N false
Total Rooms 5
Full Baths 1
Status Active
Directions Use GPS
High School Wake - Needham Broughton High
City Raleigh
Senior Community Y/N false
Open Parking Spaces 5
Lot Size Units Acres
Lot Size Square Feet 5227
Elementary School Wake - Wiley Elementary
Tax Annual Amount 4741.77
Middle/Junior High School Wake - Oberlin Middle
Virtual Tour https://www.zillow.com/view-imx/e418d925-c5a0-462b-aa3e-9d893441511d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Structure Type Site Built
Standard Status Active
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Interior
Interior Amenities Entrance Foyer High Ceilings Kitchen Island Shower Only
Flooring Ceramic Tile Hardwood
Total Fireplaces 4
Fireplace Features Decorative See Remarks
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N true
Above Grade Finished Area 1708
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
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Exterior
Exterior Amenities Smart Camera(s)/Recording
Parking Features Alley Access Open Paved
Lot Features Front Yard
Water Source Public
Lot Size Area 0.12
Foundation Details Brick/Mortar
Building Area Total 1708
Lot Size Acres 0.12
Road Surface Type Alley Paved Asphalt
Road Frontage Type Alley City Street
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* Excluded Features
List By
Amanda Williams

Listing Agent

Berkshire Hathaway Homeservice

Broker

amanda.williams@bhhsysu.com

Email

Affordability Calculator

$8,254
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,254
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Wake - Needham Broughton High High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/19/2026$1,195,000 Listed Price

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516 W Peace Street, Raleigh, NC, 27603 is a Single Family Home for sale at $1,195,000 with 1,708 sqft and a lot size of 0.12. 516 W Peace Street has 2 bedrooms, 1.0 baths, and was built in 1908. The property's zip code is 27603 which is in Raleigh, NC

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