Discover a rare opportunity in one of Raleigh's most desirable areas. This charming 1920 farmhouse sits on two acres of beautiful, usable land surrounded by mature trees and open space, just minutes from NC State, Lake Johnson, Cary, and downtown Raleigh. With no HOA, the possibilities are endless. Steeped in historic character and southern charm, the home offers original details that tell a story of simpler times while inviting you to dream of what could be. Renovate and restore this classic home to its original beauty, or design and build your dream home from the ground up on this stunning lot. The combination of history, location, and acreage creates an unmatched opportunity to live close to everything while enjoying the privacy and tranquility of a rural setting. Whether you're a developer, investor, or simply ready to build your forever home, 5033 Theys Road is a rare find, an opportunity to own a piece of Raleigh history with the freedom to create your future exactly as you imagine it.
Sold for $470,000 on 12/02/25
Zestimate®
$470,000
5033 Theys Rd, Raleigh, NC 27606
2beds
1,649sqft
Single Family Residence, Residential
Built in 1920
2 Acres Lot
$470,000 Zestimate®
$285/sqft
$1,782 Estimated rent
Home value
$470,000
$447,000 - $494,000
$1,782/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 01:25pm
Listed by:
Brandi Taylor 919-606-4552,
Better Homes & Gardens Real Es,
Paul Gambella 919-614-5577,
Better Homes & Gardens Real Es
Bought with:
Non Member
Non Member Office
Source: Doorify MLS,MLS#: 10129482
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Heat Pump, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Water Heater, Free-Standing Electric Range, Free-Standing Freezer, Free-Standing Refrigerator, Refrigerator, Washer, Water Purifier
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Master Downstairs, Storage
- Flooring: Carpet, Hardwood, Vinyl
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 1,649
- Total interior livable area: 1,649 sqft
- Finished area above ground: 1,649
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 2 Acres
- Features: Hardwood Trees, Partially Cleared
Details
- Additional structures: Outbuilding, Storage, Workshop
- Parcel number: 0781148851
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse, Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Not in a Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Sold | $470,000-14.5%$285/sqft |
Source:  Doorify MLS #10129482 | ||
| 10/28/2025 | Pending sale | $550,000$334/sqft |
Source: Doorify MLS #10129482 | ||
| 10/24/2025 | Listed for sale | $550,000$334/sqft |
Source: Doorify MLS #10129482 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,345 +3% | $363,466 |
| 2024 | $2,277 +30.8% | $363,466 +64.7% |
| 2023 | $1,740 +7.9% | $220,650 |
Find assessor info on the county website
Neighborhood: 27606
Nearby schools
GreatSchools rating
- 7/10Swift Creek ElementaryGrades: K-5Distance: 2.2 mi
- 7/10Dillard Drive MiddleGrades: 6-8Distance: 2.7 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Wake - Swift Creek
- Middle: Wake - Dillard
- High: Wake - Athens Dr
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$470,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$470,000