New Listing
$400,000
 $2,147 est/mo Sourced by Back At You

4500 Rivershyre Way,Raleigh, NC 27616

Raleigh, NC 27616

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Description

What's not to love about this 5 bedroom home with its full front porch nestled at the end of a quiet Cul-de-Sac in the awesome Winchester neighborhood. An exceptional opportunity to create value in a highly desirable location! This home is being sold "AS IS" but also presents the perfect chance for buyers to build sweat equity while enjoying the benefits of a neighborhood where homes typically command values in the $184 per sq ft. This Floorplan is awesome for a large family or working professionals that need their own office spaces. This community offers amenities as well as community events! Tennis courts have been resurfaced and now offer 2 pickleball courts and 1 tennis court. The location is prime: minutes from downtown Raleigh, major highways including 440 & 540 , access to RDU the airport, shopping, restaurants and entertainment! The 5th bedroom located on the 3rd floor makes a great location for a home office given its private location, the perfect blend of home and work. There are several areas in the home for gathering; the great room, sunroom, the 4 season room or the large bonus room. The large fenced backyard is wonderful for kids, pets or adults that like to grill and chill. The covered patio with it's firepit as well as the area for a dining table is perfect for outdoor entertaining. living space (2,323 permitted square feet plus approximately 411 additional non-permitted, finished square feet in the 4 season room and the 5th bedroom) and is ideally situated on a quiet cul-de-sac with no through traffic. Fantastic home for the price! Come check out this must see home! This is a short sale. Property is sold as is and seller shall make no repairs.

Details

MLS #10201292
Listing TypeFor Sale
StyleHouse
Building NameCapitol Homes
HOA Dues$183
Sub-TypeResale
StatusActive
Year1995
Days On Site1
Listing Provided ByColdwell Banker HPW | Lora Fillingim-Brown

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,743
Garage2
Story(s)3
ZoningR-6
Acreage0.28

Interior

Interior FeaturesCeiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Eat-in Kitchen, Kitchen Island, Recessed Lighting, Stone Counters, Walk-in Closet(s), Separate Shower, Bathtub/Shower Combination, Open Floorplan
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Ceiling Fan(s), Dual
Fireplace FeaturesFire Pit, Glass Doors, Gas Log, Great Room, Living Room, Raised Hearth
Fireplaces Total1
Fireplace Yes / NoYes
Laundry FeaturesMain Level
Rooms Total11

Exterior

Exterior FeaturesFire Pit, Garden, Private Yard, Rain Gutters, Storage, Fenced Yard
RoofShingle
Foundation DetailsBrick/Mortar, Crawlspace
Lot FeaturesBack Yard, Cul-De-Sac, Front Yard, Garden, Landscaped
Community FeaturesCurbs, Other, Park, Playground, Pool, Tennis Court(s)
Construction MaterialsFiber Cement, Masonite, Shake Siding
Security FeaturesSmoke Detector(s)
Door FeaturesFrench Doors
Window FeaturesDouble Pane Windows
Patio And Porch FeaturesCovered, Enclosed, Front Porch, Patio, Porch, Wrap Around

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes
Parking FeaturesAttached, Driveway, Garage Faces Front, Garage, Garage Door Opener

Location

Association AmenitiesCabana, Landscaping, Park, Playground, Pool, Pond Year Round, Tennis Court(s)
Community FeaturesCurbs, Other, Park, Playground, Pool, Tennis Court(s)

Utilities

UtilitiesCable Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Assessed Value407274
Tax Legal DescriptionLo44 Winchester Portion Of Ph1 Bm1994-439
Tax Year2026
Tax Map Number44

Other

Accessibility FeaturesNo

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27616
AreaWake
Community NameWinchester
School DistrictWake - Rolesville High School
Elementary SchoolWake - River Bend Elementary
High SchoolWake - Rolesville High School
Listing VS Median (in Winchester)
Price:
$400,000
low | high
Med:
$448,371
37.90725% of Average
sqft:
2,743
low | high
Med:
2,351
64.290922347794% of Average
$ / sqft:
$146
low | high
Med:
$191
19.217178541046% of Average
On site:
1
low | high
Med:
134
2% of Average
Sourced by Back At You

Market Activity 27616

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27616
AreaWake
Community NameWinchester
School DistrictWake - Rolesville High School
Elementary SchoolWake - River Bend Elementary
High SchoolWake - Rolesville High School
Listing VS Median (in Winchester)
Price:
$400,000
low | high
Med:
$448,371
37.90725% of Average
sqft:
2,743
low | high
Med:
2,351
64.290922347794% of Average
$ / sqft:
$146
low | high
Med:
$191
19.217178541046% of Average
On site:
1
low | high
Med:
134
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $300K - $500K
sqft: 2,000 - 3,000
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Listing Updated: November 2, 2026 at 12:53:22 PM PST