5801 Phaeton Cir, Raleigh, NC 27606

$300,000
3
BD
2
BA
1,400
SqFt

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Seller Representative EXP Realty LLC

List Price
$300,000
Status
ACTIVE
Days on Market
2
MLS#
10201665
Subtype
Residential
Style
Ranch
Year Built
1972
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,400
Lot Size
20,473
Acres
0.47
Subdivision
Old Farm

Property Description

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.

Additional Information

Interior Features
Bar, Ceiling Fans, Laminate Counters, Natural Woodwork, Pantry, Primary Downstairs, Storage, Bathtub/Shower Combination, Walk-In Shower
Taxes
$2,729
Property Description
Ranch
Zoning
R-4
Flooring
Carpet, Vinyl
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave
Heating
Forced Air
Air Conditioning
Central Air
Levels
One
Roof
Shingle
Foundation
Crawl Space
Elementary School
Wake - Reedy Creek Elementary
Middle School
Wake - Reedy Creek Middle
High School
Wake - Athens Drive High

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .