Welcome to your next home at 5116 Ranger Grove Way! This brand-new, thoughtfully designed single-family residence blends modern convenience with neighborhood charm. Perfectly situated in Raleigh's highly sought-after Northeast Raleigh area, this home offers easy access to major roads, shopping, parks, and schools.
This 3-bedroom, 2.5-bath home is in the desirable Peace River Village community. Built in 2025, this home offers 2,300 sq. ft. of modern living space with an open floor plan that feels bright, spacious, and inviting.
The main level features a gourmet kitchen with quartz countertops, stainless steel appliances, and a large island overlooking the living and dining areas perfect for entertaining or family gatherings. Upstairs, you'll find a versatile loft space, ideal as a home office or playroom, along with generously sized bedrooms and a luxurious owner's suite with a walk-in shower and double vanity.
Step outside to enjoy a covered patio and private backyard, perfect for relaxing evenings. The home also includes a two-car garage with space for additional parking.
Peace River Village is a growing community close to shops, dining, parks, and major highways, making commuting around Raleigh simple. Zoned for Beaverdam Elementary, River Bend Middle, and Knightdale High, it's an excellent choice for families seeking both comfort and convenience.
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Perfect for growing families, professionals seeking a serene yet accessible location, or anyone looking for a modern space in Northeast Raleigh.
- Property rents ' as it'
- One year lease
- Rent due on the 1st of each month
- Tenants are responsible for Utilities & Landscaping
- Application is through our tenant portal Doorloop
- Smoking Prohibited
- HOA Regulations/Rules must be followed
- No previous evictions, felonies, or bankruptcy
Sold for $411,500
$411,500
5116 Ranger Grove Way, Raleigh, NC 27604
3beds
2,300sqft
Single Family Residence
Built in 2025
-- sqft lot
$408,400 Zestimate®
$179/sqft
$2,303 Estimated rent
Home value
$408,400
$388,000 - $429,000
$2,303/mo
Zestimate® history
Owner options
List your home for rent
$2,303/mo
Rent Zestimate®
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$2,303/mo
Rent Zestimate®
Refinance and save
$2,475/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,475/mo
Est. payment
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List your homeWhat's special
Covered patioStainless steel appliancesGenerously sized bedrooms
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Interior area
- Total interior livable area: 2,300 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 1746112488
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 2025
Community & HOA
Community
- Deposit fee: $2,200
- Application fee: $60
- Administrative fee: $100
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $440,375
- Annual tax amount: $610
- Date on market: 4/13/2026
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listing removed | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/19/2026 | Price change | $2,200-4.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/13/2026 | Listed for rent | $2,300+7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/8/2025 | Listing removed | $2,150$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Price change | $2,150-3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/5/2025 | Price change | $2,225-1.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/3/2025 | Price change | $2,250-6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/22/2025 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/19/2025 | Sold | $411,500$179/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $610 +904.1% | $440,375 +529.1% |
| 2024 | $61 | $70,000 |
Find assessor info on the county website
Neighborhood: 27604
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Nearby schools
GreatSchools rating
- 7/10Beaverdam ElementaryGrades: PK-5Distance: 1.4 mi
- 2/10River Bend MiddleGrades: 6-8Distance: 1.5 mi
- 3/10Knightdale HighGrades: 9-12Distance: 3.3 mi
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Estimated market value
$408,400
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
$408,400
- North Carolina
- Wake County
- Raleigh
- 27604
- 5116 Ranger Grove Way