Open House LogoIn-Person: 08/29 1:00 PM - 3:00 PM
In-Person: 08/30 2:00 PM - 4:00 PM
$535,000
 $2,872 est/mo Sourced by Back At You

516 Deacon Ridge Street,Wake Forest, NC 27587

Wake Forest, NC 27587

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Description

Welcome to 516 Deacon Ridge Street, located in the established Deacons Ridge subdivision of Wake Forest. This home features a first-floor primary suite, a finished walk-out lower level with a dedicated home theater, and a backyard with mature trees and a seasonal stream, all conveniently located just off NC-98 and only 0.8 miles from the heart of Downtown Wake Forest. A covered wraparound front porch welcomes you inside, where soaring ceilings and hardwood floors create an inviting first impression. The living room features a gas log fireplace and flows into the formal dining room with classic wainscoting, creating distinct spaces that remain connected throughout the main level. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, pantry, and abundant cabinet space. The adjoining breakfast nook is surrounded by three large windows that fill the space with natural light and overlook the backyard. The main-level primary suite includes a walk-in closet and an ensuite bathroom with dual vanities, a soaking tub, and a separate shower. One of the home's standout features is the finished walk-out lower level with new luxury vinyl plank flooring throughout. This versatile space includes a dedicated home theater with a projector and screen that convey with the home, a large recreation room, an additional flex area for hobbies, fitness, a game table, or casual seating, a full bathroom, an oversized walk-in closet, and generous unfinished space for a workshop or additional storage with convenient exterior access. Sliding glass doors lead directly to the covered lower patio, extending the living space outdoors. Upstairs, a freshly painted bonus room with a built-in twin bed and closet offers flexibility as a guest room, home office, or bonus room. Two additional bedrooms, a full bathroom, and a conveniently located laundry room complete the second floor. The upper deck overlooks a backyard with mature trees and a seasonal stream along the rear of the property that flows after periods of rain. The covered patio below provides another outdoor space for relaxing, dining, or spending time with family and friends. Recent improvements include a new roof installed in 2023, one furnace replaced in 2023, one of the home's three air conditioning units replaced in 2023, a gas water heater replaced in 2025, fresh interior paint throughout the first and second floors, freshly painted basement trim and ceilings, and new carpet installed on the stairs, throughout the second floor, and in the primary bedroom. Beyond the home itself, the location is hard to beat. Just 0.8 miles from the heart of Downtown Wake Forest, you'll enjoy quick access to locally owned restaurants, coffee shops, boutiques, parks, and the town's year-round events and festivals. Whether you're meeting friends for dinner, grabbing a morning coffee, or spending an afternoon downtown, it's all just minutes away. Convenient access to NC-98 and other major commuting routes makes getting around the Triangle just as easy. Whether you're looking for room to spread out, dedicated spaces for entertaining, work, or hobbies, or quick access to everything Downtown Wake Forest has to offer, 516 Deacon Ridge Street brings it all together in one thoughtfully designed home.

Details

MLS #10183647
Listing TypeFor Sale
StyleHouse
HOA Dues$13
Sub-TypeResale
StatusActive
Year2003
Days On Site26
Listing Provided ByLPT Realty, LLC | Rob Zelem

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet3,748
Garage2
BasementY
Story(s)3
ZoningGR3
Acreage0.28
Property ViewCreek, Stream, Neighborhood, Trees,

Interior

Interior FeaturesBathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Crown Molding, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Recessed Lighting, Separate Shower, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower, See Remarks
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCeiling Fan(s), Central Air
Laundry FeaturesInside, Laundry Room, Upper Level
Rooms Total1

Exterior

Exterior FeaturesRain Gutters
RoofShingle
Foundation DetailsConcrete Perimeter, Slab, Crawlspace
Lot FeaturesBack Yard, Front Yard, Gentle Sloping, Landscaped, Sloped, Sloped Down, See Remarks
ViewCreek/Stream, Neighborhood, Trees/Woods
Construction MaterialsBrick, Vinyl Siding
Patio And Porch FeaturesCovered, Deck, Front Porch, Porch

Parking

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

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value551551
Tax Legal DescriptionLo12 Deacon's Ridge Sub Ph11-E Bm2001-00128
Tax Year2026
Tax Map Number12

Area Information

StateNC
CountyWake
CityWake Forest
Zip Code27587
AreaWake
Community NameDeacons Ridge
School DistrictWake - Wake Forest High School
Elementary SchoolWake - Wake Forest Elementary
High SchoolWake - Wake Forest High School
Listing VS Median (in Deacons Ridge)
Price:
$535,000
low | high
Med:
$420,000
71.495327102804% of Average
sqft:
3,748
low | high
Med:
1,565
100% of Average
$ / sqft:
$143
low | high
Med:
$268
38.009913110985% of Average
On site:
26
low | high
Med:
62
41.935483870968% of Average
Sourced by Back At You

Market Activity 27587

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Learn More About This Property

Open House
In-Person
08/29 1:00 PM - 3:00 PM
In-Person
08/30 2:00 PM - 4:00 PM
StateNC
CountyWake
CityWake Forest
Zip Code27587
AreaWake
Community NameDeacons Ridge
School DistrictWake - Wake Forest High School
Elementary SchoolWake - Wake Forest Elementary
High SchoolWake - Wake Forest High School
Listing VS Median (in Deacons Ridge)
Price:
$535,000
low | high
Med:
$420,000
71.495327102804% of Average
sqft:
3,748
low | high
Med:
1,565
100% of Average
$ / sqft:
$143
low | high
Med:
$268
38.009913110985% of Average
On site:
26
low | high
Med:
62
41.935483870968% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $401K - $668K
sqft: 2,500 - 4,500
Listing Updated: August 25, 2026 at 3:25:05 PM PDT
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