Price Per Square Foot
decreased
from $530.83
to $464.49
5
Beds
5
Baths
3,929
Sq Ft
*A Rare Coley Forest Retreat with a Detached Guest HouseDesigned to Live Beautifully and Adapt to Every Stage of Life Rarely does a home offer the combination of thoughtful design, exceptional flexibility, and premier location found at 3516 Ranlo Drive. Nestled in the heart of coveted Coley Forest, this beautifully reimagined property pairs a stunning primary residence with a fully detached, permitted Accessory Dwelling Unit (ADU), creating a rare opportunity for multi-generational living, guest accommodations, a private home office, or proven income-producing history! An investors dream! Revenue generating $28,000 to $30,000 a year! Together, the two residences offer functional living space, creating a home that truly delivers a lifestyle few properties can match. Thoughtfully renovated in 2022, the primary residence blends timeless architecture with designer finishes and an effortless floor plan designed for today's lifestyle. Sunlight fills the open, inviting living spaces that flow seamlessly from the chef's kitchen and dining area to comfortable gathering rooms and private retreats. Every detail was carefully selected to balance beauty and function, creating a home that feels warm, elevated, and truly move-in ready. Multiple outdoor living areasincluding a screened porch and expansive deckextend the living space into a private, wooded setting that is perfect for morning coffee, al fresco dining, or entertaining guests. Two Homes. One Address. Endless Possibilities. The property's thoughtful design is reflected not only in its versatility, but also in the way its living spaces are organized. The primary residence offers renovated 4 bedrooms and 3.5 bathrooms. Complementing the main home is the fully permitted detached ADU or guest house, featuring 1 bedroom, 1 bathroom, a full kitchen, living room, private entrance, dedicated parking. A gem that allows completely independent living space. *Exceptionally rare opportunity that offers a level of flexibility few homes can match. The detached ADU is what transforms this beautiful home into something truly exceptional. Designed to provide complete independence while remaining connected to the main residence, it offers remarkable flexibility for every stage of life. Whether you're welcoming guests, creating the ultimate executive office or creative studio, or continuing its proven history of generating more than $28,000 annually in rental income, this unique space adapts to your needs while adding lasting value to the property. Located within the highly regarded Lacy, Oberlin, and Broughton school districts, the home also enjoys outstanding convenience. Quick back-road access provides an easy commute to North Hills, the Village District, Downtown Raleigh, RTP, RDU Airport, parks, greenways, and many of the Triangle's premier shopping and dining destinations. Meticulously maintained and thoughtfully upgraded, the property also includes a premium Kinetico whole-home water filtration system and a professionally engineered 2023 drainage system, providing peace of mind for years to come. Beautifully renovated. Exceptionally located. Uniquely versatile. 3516 Ranlo Drive is more than a homeit's a rare opportunity to own a property designed to grow and adapt with you through every stage of life.
Listing By: Bobbie Callahan - Compass -- Raleigh 
- MLS# 10176574
- Date Listed06/26/2026
- Days on Realty 10 Days
- Bedrooms 5
- Bathrooms 4 Full baths, 1 Half baths
- Lot Size 0.39 acres (16,988 sq. ft)
- Sewer Public Sewer
- Subdivision Coley Forest
- Property Type Single Family
- County Wake
- Year Built 1977
- Water Public
- Square Feet 3,929 sq. ft
- Price Per Sq. Ft $464.49
Interior Features
- Appliances Built- In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Refrigerator, Washer/ Dryer, Water Purifier Owned
- Flooring Hardwood
- Cooling Central Air
- Heating Electric, Fireplace(s), Natural Gas
Exterior / Lot Features
- Exterior Guest House
- Roof Shingle
- Lot Size Acres 0.39
- Lot Size SQFT 16,988.40
- Lot Features Cul- De- Sac
Financial Considerations
- Tax Amount $10,767
- Terms Cash, Conventional, FHA, VA Loan
Schools near 27612
Explore the local neighborhood highlights and top-rated schools near 27612 in Raleigh, NC.
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for 27612
Discover key demographics, population statistics, and environmental insights for the Raleigh, NC area.
Population & Environment
Source: Sperling's Best Places
27/100
Car-Dependent
Walk Score ®
42/100
Some Transit
Transit Score ®
33/100
Bikable
Bike Score ®
Overview
Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.
Transit Summary
7 nearby routes: 7 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 35/100, Bike Score: 42/100.
Property Change History
Property description updated with
new details
View Changes
Previous Description:
This exceptional property offers the perfect blend of lifestyle, location, and income potential. Completely renovated in 2022, the estate features a beautifully appointed main residence along with a detached cottage/ADU that currently generates approximately $28,000 annually in rental income. Beyond its income-producing capabilities, the cottage offers tremendous flexibility as a mother-in-law suite, private guest house for out-of-town visitors, home office, or multi-generational living space. Located within the desirable Lacy, Oberlin and Broughton schools The extensive renovation and subsequent improvements reflect a significant investment in both aesthetics and infrastructure. Highlights include substantial plumbing updates throughout the home, a Kinetico whole-house water purification system installed in 2022, a new driveway, and a 10-inch drainage pipe system installed in 2023 to enhance stormwater management and long-term property performance. This move-in-ready property combines modern systems and thoughtful improvements with timeless charm in one of Raleigh's most desirable neighborhoods. Ideally situated in the sought-after Five Points area, the home offers convenient access to North Hills, Downtown Raleigh, premier shopping and dining, grocery stores, and Raleigh-Durham International Airport. Whether your clients are seeking luxury living, multi-generational accommodations, guest quarters, or supplemental income, this property delivers a rare combination of elegance, convenience, and investment potential.
Updated Description:
*A Rare Coley Forest Retreat with a Detached Guest House—Designed to Live Beautifully and Adapt to Every Stage of Life Rarely does a home offer the combination of thoughtful design, exceptional flexibility, and premier location found at 3516 Ranlo Drive. Nestled in the heart of coveted Coley Forest, this beautifully reimagined property pairs a stunning primary residence with a fully detached, permitted Accessory Dwelling Unit (ADU), creating a rare opportunity for multi-generational living, guest accommodations, a private home office, or proven income-producing history! An investors dream! Revenue generating $28,000 to $30,000 a year! Together, the two residences offer functional living space, creating a home that truly delivers a lifestyle few properties can match. Thoughtfully renovated in 2022, the primary residence blends timeless architecture with designer finishes and an effortless floor plan designed for today's lifestyle. Sunlight fills the open, inviting living spaces that flow seamlessly from the chef's kitchen and dining area to comfortable gathering rooms and private retreats. Every detail was carefully selected to balance beauty and function, creating a home that feels warm, elevated, and truly move-in ready. Multiple outdoor living areas—including a screened porch and expansive deck—extend the living space into a private, wooded setting that is perfect for morning coffee, al fresco dining, or entertaining guests. Two Homes. One Address. Endless Possibilities. The property's thoughtful design is reflected not only in its versatility, but also in the way its living spaces are organized. The primary residence offers renovated 4 bedrooms and 3.5 bathrooms. Complementing the main home is the fully permitted detached ADU or guest house, featuring 1 bedroom, 1 bathroom, a full kitchen, living room, private entrance, dedicated parking. A gem that allows completely independent living space. *Exceptionally rare opportunity that offers a level of flexibility few homes can match. The detached ADU is what transforms this beautiful home into something truly exceptional. Designed to provide complete independence while remaining connected to the main residence, it offers remarkable flexibility for every stage of life. Whether you're welcoming guests, creating the ultimate executive office or creative studio, or continuing its proven history of generating more than $28,000 annually in rental income, this unique space adapts to your needs while adding lasting value to the property. Located within the highly regarded Lacy, Oberlin, and Broughton school districts, the home also enjoys outstanding convenience. Quick back-road access provides an easy commute to North Hills, the Village District, Downtown Raleigh, RTP, RDU Airport, parks, greenways, and many of the Triangle's premier shopping and dining destinations. Meticulously maintained and thoughtfully upgraded, the property also includes a premium Kinetico whole-home water filtration system and a professionally engineered 2023 drainage system, providing peace of mind for years to come. Beautifully renovated. Exceptionally located. Uniquely versatile. 3516 Ranlo Drive is more than a home—it's a rare opportunity to own a property designed to grow and adapt with you through every stage of life.
Price Per Square Foot
decreased
from $649.00
to $530.83
Agent removed 7
photos from the listing
67 →
60 photos
Agent added 7 new
photos to the listing
57 →
64 photos
Price Per Square Foot
increased
from $619.69
to $654.83
Property description updated with
new details
View Changes
Previous Description:
This exceptional property offers the perfect blend of lifestyle, location, and income potential. Completely renovated in 2022, the estate features a beautifully appointed main residence along with a detached cottage/ADU that currently generates approximately $28,000 annually in rental income. Beyond its income-producing capabilities, the cottage offers tremendous flexibility as a mother-in-law suite, private guest house for out-of-town visitors, home office, or multi-generational living space. Located within the desirable Lacy, Oberlin and Broughton schools The extensive renovation and subsequent improvements reflect a significant investment in both aesthetics and infrastructure. Highlights include substantial plumbing updates throughout the home, a Kinetico whole-house water purification system installed in 2022, a new driveway, and a 10-inch drainage pipe system installed in 2023 to enhance stormwater management and long-term property performance. This move-in-ready property combines modern systems and thoughtful improvements with timeless charm in one of Raleigh's most desirable neighborhoods. Ideally situated in the sought-after Five Points area, the home offers convenient access to North Hills, Downtown Raleigh, premier shopping and dining, grocery stores, and Raleigh-Durham International Airport. Whether your clients are seeking luxury living, multi-generational accommodations, guest quarters, or supplemental income, this property delivers a rare combination of elegance, convenience, and investment potential. Property Highlights Completely renovated in 2022 Detached cottage/ADU generating approximately $28,000 annually Ideal as a mother-in-law suite, guest cottage, home office, or income-producing rental Significant plumbing upgrades completed during renovation Kinetico whole-house water purification system installed in 2022 New driveway 10-inch drainage pipe system installed in 2023 Prime Inside-the-Beltline location in the Five Points area Minutes to North Hills, Downtown Raleigh, shopping, dining, and RDU Airport Luxury living with built-in income potential
Updated Description:
This exceptional property offers the perfect blend of lifestyle, location, and income potential. Completely renovated in 2022, the estate features a beautifully appointed main residence along with a detached cottage/ADU that currently generates approximately $28,000 annually in rental income. Beyond its income-producing capabilities, the cottage offers tremendous flexibility as a mother-in-law suite, private guest house for out-of-town visitors, home office, or multi-generational living space. Located within the desirable Lacy, Oberlin and Broughton schools The extensive renovation and subsequent improvements reflect a significant investment in both aesthetics and infrastructure. Highlights include substantial plumbing updates throughout the home, a Kinetico whole-house water purification system installed in 2022, a new driveway, and a 10-inch drainage pipe system installed in 2023 to enhance stormwater management and long-term property performance. This move-in-ready property combines modern systems and thoughtful improvements with timeless charm in one of Raleigh's most desirable neighborhoods. Ideally situated in the sought-after Five Points area, the home offers convenient access to North Hills, Downtown Raleigh, premier shopping and dining, grocery stores, and Raleigh-Durham International Airport. Whether your clients are seeking luxury living, multi-generational accommodations, guest quarters, or supplemental income, this property delivers a rare combination of elegance, convenience, and investment potential.
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Frequently Asked Questions for 3516 Ranlo Drive
Source: Realty.com
3516 Ranlo Drive, Raleigh, NC 27612 in Coley Forest, Raleigh, NC 27612 is a single family listed at $1,825,000. Highlights include 5 bedrooms, 5 bathrooms, 3,929 sq. ft., built in 1977, 0.39 acre lot, $464 per sq. ft.. Realty.com has 60 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 60 photos of 3516 Ranlo Drive.
Our records indicate that 3516 Ranlo Drive was built in 1977.
The full address for this home is 3516 Ranlo Drive, Raleigh, NC 27612.
3516 Ranlo Drive has been listed on Realty.com since Fri June 26, 2026
Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 35/100, Bike Score: 42/100.
There are 3 schools assigned to this home. Check out the schools near 3516 Ranlo Drive. Root Elementary School (Grades: PK - 5), Wake Young Women's Leadership Academy (Grades: 6 - 12), Wake Stem Early College High School (Grades: 9 - 12)
Listing provided courtesy of:
Compass -- Raleigh
(tel: 919-726-6548)
Listing agent:
Bobbie Callahan
(tel: 919-847-2665)
(#87849)
This content last refreshed on 2026-07-06 00:17:21. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
