$400,000
Unlock Price Rating!

4500 Rivershyre Way, Raleigh, NC 27616

5 Beds
3 Baths
2,743 Sq Ft

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 it's 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!

  • MLS# 10156262
  • Date Listed03/30/2026
  • Days on Realty 136 Days
  • Bedrooms 5
  • Bathrooms 2 Full baths, 1 Half baths
  • Lot Size 0.28 acres (12,197 sq. ft)
  • Sewer Public Sewer
  • Subdivision Winchester
  • Property Type Single Family
  • County Wake
  • Year Built 1995
  • Water Public
  • Square Feet 2,743 sq. ft
  • Price Per Sq. Ft $145.83

Interior Features

  • Appliances Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Range
  • Flooring Carpet, Hardwood, Tile
  • Cooling Ceiling Fan(s), Central Air, Dual
  • Heating Central, Fireplace(s), Forced Air, Natural Gas

Exterior / Lot Features

  • Exterior Fenced Yard, Garden, Private Yard, Storage, Garage(s), Pergola, Shed(s)
  • Roof Shingle
  • Lot Size Acres 0.28
  • Lot Size SQFT 12,196.80
  • Lot Features Back Yard, Cul- De- Sac, Front Yard, Garden, Landscaped

Financial Considerations

  • HOA Fee $183 Quarterly
  • Tax Amount $3,643
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 27616

Explore the local neighborhood highlights and top-rated schools near 27616 in Raleigh, NC.

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 27616

Discover key demographics, population statistics, and environmental insights for the Raleigh, NC area.

Population & Environment

Source: Sperling's Best Places

Walkability in NC / 27616

Source: Walk Score

5/100

Car-Dependent

Walk Score ®

19/100

Minimal Transit

Transit Score ®

18/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.


Transit Summary

2 nearby routes: 2 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 19/100, Bike Score: 32/100.

Property Change History

Property description updated with new details
Property description updated with new details
Property Exterior Features updated
Property Interior Features updated
List Price decreased from $405,000 to $400,000
Price Per Square Foot decreased from $147.65 to $145.83
List Price decreased from $415,000 to $405,000
Price Per Square Foot decreased from $151.29 to $147.65
Property description updated with new details
List Price decreased from $420,000 to $415,000
Price Per Square Foot decreased from $153.12 to $151.29
Property description updated with new details
Property description updated with new details
Property description updated with new details
Property description updated with new details

Frequently Asked Questions for 4500 Rivershyre Way

Source: Realty.com

4500 Rivershyre Way, Raleigh, NC 27616 in Winchester, Raleigh, NC 27616 is a single family listed at $400,000. Highlights include 5 bedrooms, 3 bathrooms, 2,743 sq. ft., built in 1995, 0.28 acre lot, $146 per sq. ft., HOA fee $183 Quarterly. Realty.com has 42 photos, sales history, school insights, and mortgage tool...

Realty.com has 42 photos of 4500 Rivershyre Way.

Our records indicate that 4500 Rivershyre Way was built in 1995.

The full address for this home is 4500 Rivershyre Way, Raleigh, NC 27616.

4500 Rivershyre Way has been listed on Realty.com since Mon March 30, 2026

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 19/100, Bike Score: 32/100.

There are 3 schools assigned to this home. Check out the schools near 4500 Rivershyre Way. Wilburn Elementary (Grades: PK - 5), East Millbrook Middle (Grades: 6 - 8), Wake Early College Of Health And Sciences (Grades: 9 - 12)

Listing provided courtesy of: Coldwell Banker Hpw (tel: 919-876-8824)
Listing agent: Lora Fillingim-brown (tel: 919-876-1879) (#R13113)

This content last refreshed on 2026-08-13 00:42:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.