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516 W Peace Street · Raleigh, NC 27603

Raleigh, NC 27603
ActiveSingle FamilyRaleigh TownshipWake County
$1,195,000
$700 / sq ftListed Aug 1, 2026

2
Bedrooms

1
Bathrooms

1,708
Square feet

0.12
Acres

1908
Year built

516 W Peace StreetActive
$1,195,000 · 2 bd · 1 ba · 1,708 sf

Highlights

  • 10' Ceilings
  • Hardwood Floors
  • Wraparound Front Porch
  • New HVAC System
  • Large Rear Parking Area
  • Zoned NX-3

About this home

Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen. Two bedrooms and one full bath complete the thoughtfully designed floor plan.

Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear parking area with convenient side alley access to a quiet neighborhood street. The home is in very good condition and has been updated with a new HVAC system and a newer hot water heater, providing peace of mind while preserving its classic character.

Currently zoned NX-3 for Neighborhood Business, this versatile property offers exceptional flexibility. Continue to enjoy it as a charming residence or explore the many possibilities for a neighborhood business. A unique opportunity to own a property with historic charm, modern conveniences, and outstanding potential. Price Reduction!

Location

Raleigh Township · Wake County · Raleigh, NC

Property history

  1. Price decreasedSource: IDX Doorify MLS #10183887$1,195,000−$100,000 · −7.7%
  2. Listed for saleSource: IDX Doorify MLS #10183887$1,295,000

Documents

1 floor plan

Nearby listings

Near 516 W Peace Street · Raleigh, NC 27603

Status

Statuses-buttons
  • All
  • Active (5)
  • Sold (4)
  • Coming Soon (1)
  • Pending (1)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

516 W Peace Street
Not in a Subdivision · This home
$1,195,000
1,708
$700
2
1908
0.12
Active
Oct 8, 2026
502 Devereux Street
Glenwood
$650,000
2,034
$320
3
1910
0.18
Under Contract
Sep 26, 2026
610 Devereux Street
Glenwood
$540,000
1,075
$502
2
1954
0.22
Sold
Sep 22, 2026
504 Tilden Street
Not in a Subdivision
$1,769,000
4,345
$407
5
1915
0.19
Active
Oct 6, 2026
705 Hinsdale Street
Brooklyn Hills
$1,100,000
2,720
$404
3
1915
0.12
Sold
Sep 26, 2026
808 Brooklyn Street
Not in a Subdivision
$629,000
1,176
$535
2
1909
0.11
Active
Sep 25, 2026

Showing 6 of 11 nearby listings

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Cameron Saemann
Cameron Saemann
Broker in Charge

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.