4500 Rivershyre Way, Raleigh, NC 27616

$400,000
5
BD
3
BA
2,743
SqFt

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Seller Representative Coldwell Banker HPW

List Price
$400,000
Status
ACTIVE
Days on Market
5
MLS#
10201292
Subtype
Residential
Short Sale
Yes
Style
Transitional
Year Built
1995
Bedrooms
5
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,743
Lot Size
12,197
Acres
0.28
Subdivision
Winchester
Building Name
Capitol Homes

Property 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! HVAC units are leased. Seller is responsible for paying off at closing. Come check out this must see home! This is a short sale. Property is sold as is and seller shall make no repairs.

Additional Information

Interior Features
Ceiling Fans, 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
Exterior Features
Fire Pit, Garden, Private Yard, Rain Gutters, Storage, Fenced Yard
Taxes
$3,722
HOA Fee
$183
Financing
FHA
Property Description
Transitional
Zoning
R-6
Flooring
Carpet, Hardwood, Tile, Wood
Appliances
Disposal, Dishwasher, Electric Oven, Electric Range, Electric Range, Refrigerator, Range, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
Heating
Central, Fireplace, Forced Air, Natural Gas
Air Conditioning
Central Air, Ceiling Fan(s), Dual
Stories
3
Levels
Two, Three Or More
Roof
Shingle
Foundation
Brick/Mortar, Crawl Space
Parking Features
Attached, Driveway, Garage Faces Front, Garage, Garage Door Opener
Garage Spaces
2
Elementary School
Wake - River Bend Elementary
Middle School
Wake - River Bend Middle School
High School
Wake - Rolesville High School

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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 .