Open House 11/7 1pm - 3pm
5801 Phaeton Circle
Raleigh, NC, 27606 $ 300,000
Bedrooms3 Baths2.0 Sq 1,400 Monthly Estimate*
$ 2,072
for $300,000 with 3 bedrooms and 2 full baths. This 1,400 square foot home was built in 1972 on a lot size of 0.47.
Ranch retreat near Fenton with brand-new HVAC, fresh paint, exposed wood beams, a masonry fireplace, and a built-in bar on nearly half an acre. Single-story renovation potential meets an exceptional Raleigh and Cary corridor setting. Situated on an open cul-de-sac lot spanning nearly half an acre, this single-level ranch residence provides a clear canvas ready for sweat equity, a custom redesign, or a full down-to-the-studs transformation. High-cost mechanical upgrades are already off your checklist, featuring a brand-new HVAC system and newly installed ductwork alongside fresh interior paint that delivers an immediate head start. Natural light fills the front family room before guiding you toward a bright dining room defined by an eye-catching bay window. The adjacent kitchen features a walk-in pantry and flows naturally into the dining space, which opens directly into a character-filled den loaded with architectural appeal. This flexible living area showcases custom wood beams, a classic masonry fireplace, and a built-in bar tailored for an entertaining lounge or dedicated media flex room. Down the hall, the primary suite features a walk-in closet and private bath with a tiled walk-in shower. Guest rooms are served by a shared full hallway bathroom. Out back, a deep tree-lined homesite offers a generous footprint for future outdoor living, garden zones, or a workshop addition. Minutes from the energy of Fenton, the South Hills redevelopment, Crossroads Plaza, NC State, and the Beltline, this address pairs neighborhood peace with effortless Triangle connectivity. Capitalize on major mechanical installations, distinctive architectural character, and unbeatable Triangle proximity to build immediate equity.
See more
Open House
11/7/2026 1:00 PM - 3:00 PM
5801 Phaeton Circle Raleigh, NC
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Single Family Coming Soon
FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Shingle
Appliances Dishwasher Electric Range Electric Water Heater Microwave
Zoning R-4
Patio/Porch Features Deck
Architectural Style Ranch
Construction Materials Frame
Year Built 1972
Levels One
Property Subtype Single Family Residence
Accessibility No
County Wake
New Construction false
Property Type Residential
HOA false
Subdivision Name Old Farm
Garage Y/N false
Total Rooms 7
Full Baths 2
Status Coming Soon
Directions Buck Jones Rd to Harvest Ln. Harvest Ln to Pheaton Circle. House is on the right at the end of the cul-de-sac.
High School Wake - Athens Drive High
City Raleigh
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 20473
Elementary School Wake - Reedy Creek Elementary
Tax Annual Amount 2729
Middle/Junior High School Wake - Reedy Creek Middle
Virtual Tour https://www.tourfactory.com/idxr3255597
Structure Type Site Built
Standard Status Coming Soon
See more
InteriorInterior Amenities Bar Ceiling Fan(s) Laminate Counters Natural Woodwork Pantry Primary Downstairs Storage Bathtub/Shower Combination Walk-in Shower
Flooring Carpet Vinyl
Total Fireplaces 1
Fireplace Features Den Masonry
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1400
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0
Above Grade Finished Area Source Appraiser
Total Baths 2
See more
ExteriorWater Source Public
Lot Size Area 0.47
Foundation Details Crawlspace
Spa false
Building Area Total 1400
Lot Size Acres 0.47
See more
* Excluded FeaturesList ByRenee HillmanListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $2,072
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Raleigh, NC
Average List Price $995,402
Percent of Sale Price 232%
About Raleigh, NC 449,258 Population
53% Since 2002
$ 61,541 Median Income
35.12 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Wake - Athens Drive High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/4/2026 | $300,000 | | Listed Price |