3516 Ranlo Drive, Raleigh, NC 27612
Local realty services provided by:CENTURY 21 Triangle Group
3516 Ranlo Drive,Raleigh, NC 27612
$1,825,000
- 5 Beds
- 5 Baths
- 2,812 sq. ft.
- Multi-family
- Active
Listed by: bobbie callahan
Office: compass -- raleigh
MLS#:10176574
Source:RD
Price summary
- Price:$1,825,000
- Price per sq. ft.:$649
About this home
This exceptional property offers the perfect blend of lifestyle, location, and income potential. Completely renovated in 2022, the estate features a beautifully appointed main residence along with a detached cottage/ADU that currently generates approximately $28,000 annually in rental income. Beyond its income-producing capabilities, the cottage offers tremendous flexibility as a mother-in-law suite, private guest house for out-of-town visitors, home office, or multi-generational living space. Located within the desirable Lacy, Oberlin and Broughton schools The extensive renovation and subsequent improvements reflect a significant investment in both aesthetics and infrastructure. Highlights include substantial plumbing updates throughout the home, a Kinetico whole-house water purification system installed in 2022, a new driveway, and a 10-inch drainage pipe system installed in 2023 to enhance stormwater management and long-term property performance. This move-in-ready property combines modern systems and thoughtful improvements with timeless charm in one of Raleigh's most desirable neighborhoods. Ideally situated in the sought-after Five Points area, the home offers convenient access to North Hills, Downtown Raleigh, premier shopping and dining, grocery stores, and Raleigh-Durham International Airport. Whether your clients are seeking luxury living, multi-generational accommodations, guest quarters, or supplemental income, this property delivers a rare combination of elegance, convenience, and investment potential....
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Home facts
- Year built:1977
- Listing ID #:10176574
- Added:1 day(s) ago
- Updated:June 28, 2026 at 06:44 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Rooms Total:7
- Flooring:Hardwood
- Dining Description:Dining L, Eat-in Kitchen
- Bathrooms Description:Walk-In Shower
- Kitchen Description:Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Refrigerator, Washer/Dryer, Water Purifier Owned
- Basement:Yes
- Basement Description:Bath/Stubbed, Daylight, Finished, Heated, Walk-Out Access
- Living area:2,812 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Fireplace(s), Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Architectural Shingle
- Year built:1977
- Building area:2,812 sq. ft.
- Lot area:0.39 Acres
- Lot Features:Cul-de-sac
- Architectural Style:Traditional
- Construction Materials:Brick Veneer, HardiPlank Type
- Exterior Features:Covered, Deck, Fenced Yard
- Foundation Description:Combination
- Levels:Tri-Level
Schools
- High school:Wake - Needham Broughton High
- Middle school:Wake - Oberlin Middle
- Elementary school:Wake - Lacy Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,825,000
- Price per sq. ft.:$649
- Tax amount:$10,767
Features and amenities
- Laundry features:Laundry Room, Upper Level
Parking
- Garage:Yes
- Garage spaces:2
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