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Sold for $1,385,000
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  • $1,385,000

    512 Tharps Ln, Raleigh, NC 27614

    5beds
    5,325sqft
    Single Family Residence
    Built in 1995
    1.85 Acres Lot
    $1,374,700 Zestimate®
    $260/sqft
    $6,042 Estimated rent

    Home value

    $1,374,700

    $1.31M - $1.44M

    $6,042/mo

    Zestimate® history
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    What's special

    Covered brazilian hardwood deckSoaring ceilingsLush landscapingTimeless craftsmanshipCustom california closetSerene lakefront sceneryHuge flex space
    NEW PRICING | EXCEPTIONAL WATERFRONT OPPORTUNITY in SWANS MILL OF NORTH RALEIGH. This refined market adjustment creates an even stronger value proposition for buyers seeking a true waterfront lifestyle in North Raleigh. The home reflects extensive, high-quality improvements already completed, allowing future owners to focus primarily on personalization. 1.85-acre retreat offers 5325 sq. ft. of beautifully designed space, 5 bedrooms, 5.5 Bathrooms with an oversized 3 car garage! Blending timeless craftsmanship with thoughtful updates, this custom-built home delivers both luxury and peace of mind. Major upgrades include a new roof in 2019, Sealed crawlspace with dehumidifier, extensive landscaping with new french drainage, updated plumbing, whole house Water filtration system, Reverse Osmosis, irrigation system, 2 HVAC systems replaced 2023-2024, new LIFTMASTER garage door systems, GENERAC generator, GLADIATOR garage shelving, epoxy flooring, CALIFORNIA CLOSET, Extensive Custom Trim and molding, Stained Glass Transom details, updated BALDWIN hinges and doors, new Carpet, fresh paint throughout highlight some of the the home's attention to detail and meticulous care. The heart of the home features the vaulted kitchen with sky lights, huge granite island, double ovens, custom cabinetry, backsplash, under cabinet lighting and 2 pantries an effortless flow for entertaining. Soaring ceilings and walls of windows in the two-story great room flood the home with natural light and frame breathtaking views of the lake. The Sunroom, Dining, living room and a private bedroom with ensuite bathroom complete the main floor. The primary suite is a true sanctuary with a large sitting area with wall of windows with view of the mature landscape, spa-inspired bathroom with large shower, jetted bath, dual vanities and custom California closet. The second floor has an additional 2 large bedrooms each with their own bathroom & walk in closets, spacious Bonus room with wet bar. The 3rd floor offers a private living space including a huge flex space, bedroom and full bathroom- offers unmatched flexibility—ideal for multigenerational living, a guest retreat, or a home-based business. Outdoor living is elevated with a covered Brazilian hardwood deck, cozy Flagstone firepit area, lush landscaping all set against the backdrop of serene lakefront scenery. Conveniently located just minutes from North Hills shopping, dining, and parks, this property offers an unparalleled combination of privacy, luxury, and accessibility-NO CITY TAXES! PROFESSIONALLY MEASURED

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathy Bennett 630-229-4097,

    Raleigh Realty Inc.

    Bought with:

    Kathy Bennett, 317648

    Raleigh Realty Inc.

    Source: Doorify MLS,MLS#: 10135022MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Description: PRIMARY BEDROOM WITH SITTING ROOM AND CALIFORNIA CLOSET SYSTEM
    • Level: Second
    • Area: 566.75 Square Feet
    • Dimensions: 29.58 x 19.16
    Bedroom 2
    • Description: MAIN FLOOR EN SUITE BATH
    • Level: Main
    • Area: 184.08 Square Feet
    • Dimensions: 13 x 14.16
    Bedroom 3
    • Description: WALK IN CLOSET
    • Level: Second
    • Area: 177.77 Square Feet
    • Dimensions: 15.58 x 11.41
    Bedroom 4
    • Description: WALK IN CLOSET AND EN SUITE BATH
    • Level: Second
    • Area: 203.94 Square Feet
    • Dimensions: 18 x 11.33
    Bedroom 5
    • Description: WALK IN CLOSET
    • Level: Third
    • Area: 121.26 Square Feet
    • Dimensions: 15.33 x 7.91
    Primary bathroom
    • Description: LUXURY SPA BATH WITH JETTED TUB AND EXPANDED SHOWER
    • Level: Second
    • Area: 203.12 Square Feet
    • Dimensions: 15.33 x 13.25
    Bathroom 2
    • Description: MAIN FLOOR EN SUITE BATHROOM
    • Level: Main
    • Area: 47.25 Square Feet
    • Dimensions: 9 x 5.25
    Bathroom 3
    • Description: HALL BATH WITH TUB/SHOWER AND LINEN
    • Level: Second
    Bathroom 4
    • Description: BED 4 EN SUITE BATH WITH TUB/SHOWER
    • Level: Second
    Bathroom 5
    • Description: BATH 5 WITH SHOWER
    • Level: Third
    Bonus room
    • Description: WET BAR WITH MINI FRIDGE
    • Level: Second
    • Area: 269.83 Square Feet
    • Dimensions: 14.33 x 18.83
    Breakfast room
    • Description: WET BAR
    • Level: Main
    • Area: 194.04 Square Feet
    • Dimensions: 12 x 16.17
    Dining room
    • Description: BAY WINDOW, CUSTOM MILLWORK, DECO GLASS TRANSOM, AND LIGHTING
    • Level: Main
    • Area: 212.38 Square Feet
    • Dimensions: 15.17 x 14
    Other
    • Description: BUILT IN CABINETRY, DECO GLASS TRANSOM
    • Level: Main
    Family room
    • Description: EXPANSIVE WINDOWS, SOARING CEILING AND EILINGSCUSTOM LOG FIREPLACE
    • Level: Main
    • Area: 436.26 Square Feet
    • Dimensions: 22 x 19.83
    Kitchen
    • Description: HUGE ISLAND,RO WATER SYSTEM, DOUBLE OVENS
    • Level: Main
    • Area: 309.33 Square Feet
    • Dimensions: 14.17 x 21.83
    Laundry
    • Description: LAUNDRY SINK, QUARTZ COUNTERTOPS, CABINETS, DRYING RACK, IRON BOARD
    • Level: Second
    • Area: 54.57 Square Feet
    • Dimensions: 6.42 x 8.5
    Living room
    • Description: LIVING ROOM WITH CUSTOM MOLDED TRANSITION
    • Level: Main
    • Area: 201.15 Square Feet
    • Dimensions: 13.5 x 14.9
    Recreation room
    • Description: BUILT IN CABINETRY AND BENCH
    • Level: Third
    • Area: 565.75 Square Feet
    • Dimensions: 23.33 x 24.25
    Sunroom
    • Description: SUNROOM WITH DECO GLASS TRANSOM
    • Level: Main
    • Area: 152.68 Square Feet
    • Dimensions: 12.83 x 11.9
    Heating
    • Forced Air, Heat Pump, Natural Gas, Zoned
    Cooling
    • Central Air, Ceiling Fan(s), Gas, Heat Pump, Multi Units, Zoned
    Appliances
    • Included: Bar Fridge, Built-In Gas Oven, Convection Oven, Dryer, Disposal, Dishwasher, Exhaust Fan, ENERGY STAR Qualified Refrigerator, Gas Range, Gas Water Heater, Humidifier, Refrigerator, Washer, Water Purifier Owned, Wine Refrigerator, Water Softener Owned, Wall Oven
    • Laundry: Gas Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
    Features
    • Built-in Features, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Recessed Lighting, Smart Camera(s)/Recording, Smart Light(s), Smart Thermostat, Soaking Tub, Sound System, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data, Wired for Sound, Keeping Room, Dining L, Central Vacuum Prewired, Separate Shower, Walk-In Shower, Water Closet, Quartz Counters, Room Over Garage, Smooth Ceilings
    • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
    • Windows: Bay Window(s), Screens, Skylight(s)
    • Basement: Crawl Space,Exterior Entry,French Drain,Walk-In Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Fire Pit, Family Room, Gas, Gas Log, Great Room, Raised Hearth
    Interior area
    • Total structure area: 5,325
    • Total interior livable area: 5,325 sqft
    • Finished area above ground: 5,325
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Driveway, Garage Faces Side, Garage Door Opener, Parking Pad
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More,Two
    • Stories: 3
    • Patio & porch: Deck, Front Porch
    • Exterior features: Fire Pit, Lighting, Private Yard, Rain Gutters, Smart Camera(s)/Recording, Smart Irrigation, Fenced Yard
    • Pool features: Association, Community, Outdoor Pool
    • Fencing: Back Yard,Fenced,Gate
    • Has view: Yes
    • View description: Lake, Pond, Trees/Woods, Water
    • Has water view: Yes
    • Water view: Lake,Pond,Water
    • Waterfront features: Lake Front, Waterfront
    • Body of water: Unnamed
    • Frontage type: Lakefront,Waterfront
    Lot
    • Size: 1.85 Acres
    • Features: Cul-De-Sac, Landscaped, Lake on Lot, Private, Sprinklers In Front, Sprinklers In Rear, Views, Wooded, Hardwood Trees
    • Residential vegetation: Grassed, Partially Wooded
    Details
    • Parcel number: 181003205746000 0200626
    • Special conditions: Standard
    • Other equipment: Dehumidifier, Generator, Intercom, Irrigation Equipment

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial,Traditional,Transitional
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Fiber Cement, Spray Foam Insulation
    • Foundation: Crawlspace
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Community Water
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Underground Utilities, Water Connected, Septic Connected

    Community & HOA

    Community
    • Features: Pool, Street Lights, Tennis Court(s)
    • Security: Smoke Detector(s), Security System Owned
    • Subdivision: Swans Mill
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds, Pool, Tennis Court(s)
    • Services included: Maintenance Grounds, Storm Water Maintenance
    • HOA fee: $150 monthly
    • HOA name: PPM
    • HOA phone: 919-848-4911
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $260/sqft
    • Tax assessed value: $1,143,568
    • Annual tax amount: $7,334
    • Date on market: 11/26/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    2/20/2026Sold$1,385,000-7%$260/sqft
    Source: Doorify MLS #10135022 Report a problem
    1/25/2026Pending sale$1,489,000$280/sqft
    Source: Doorify MLS #10135022 Report a problem
    1/14/2026Price change$1,489,000-2.4%$280/sqft
    Source: Doorify MLS #10135022 Report a problem
    11/26/2025Listed for sale$1,525,000+27.1%$286/sqft
    Source: Doorify MLS #10135022 Report a problem
    11/22/2022Sold$1,200,000$225/sqft
    Source: Public Record Report a problem
    9/27/2022Pending sale$1,200,000$225/sqft
    Source: Doorify MLS #2475681 Report a problem
    9/23/2022Listed for sale$1,200,000+44.6%$225/sqft
    Source: Doorify MLS #2475681 Report a problem
    12/28/2016Sold$830,000-2.4%$156/sqft
    Source: Public Record Report a problem
    11/1/2016Pending sale$850,000$160/sqft
    Source: Fonville Morisey/Highway 54 Sales Office #2087679 Report a problem
    10/6/2016Price change$850,000-2.9%$160/sqft
    Source: Fonville Morisey/Highway 54 Sales Office #2087679 Report a problem
    9/10/2016Listed for sale$875,000+5.4%$164/sqft
    Source: Fonville Morisey/Highway 54 Sales Office #2087679 Report a problem
    7/15/2015Sold$830,000-2.4%$156/sqft
    Source: Public Record Report a problem
    6/13/2015Pending sale$850,000$160/sqft
    Source: RE/MAX UNITED #1998829 Report a problem
    5/22/2015Price change$850,000-2.9%$160/sqft
    Source: RE/MAX UNITED #1998829 Report a problem
    5/11/2015Pending sale$875,000$164/sqft
    Source: RE/MAX UNITED #1998829 Report a problem
    4/3/2015Listed for sale$875,000+13.2%$164/sqft
    Source: RE/MAX United #1998829 Report a problem
    11/18/2004Sold$773,000+1.7%$145/sqft
    Source: Public Record Report a problem
    7/17/2000Sold$760,000$143/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,334 +3%$1,143,568
    2024$7,122 +18.2%$1,143,568 +48.5%
    2023$6,023 +7.9%$769,969
    2022$5,581 +2.8%$769,969
    2021$5,431 +1.7%$769,969
    2020$5,340 -21.5%$769,969 -7.3%
    2019$6,803 $830,507
    2018$6,803 +14.8%$830,507
    2017$5,925 +2.1%$830,507
    2016$5,804 $830,507 -10.7%
    2015-- $929,514
    2014$6,136 $929,514
    2013-- $929,514
    2012-- $929,514
    2011-- $929,514
    2010-- $929,514
    2009-- $929,514
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 27614

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Brassfield Road Elementary
    • Middle: Wake - West Millbrook Middle
    • High: Wake - Millbrook High

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,374,700
    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
    $1,374,700