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Jason Walters

jason@waltersteam.com +1(252) 360-1130

Listed by Compass -- Raleigh

$ 1,825,000

Est. payment | -/mo

5 Beds

5 Baths

3,929 SqFt

Save Virtual Tour

$ 1,825,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

5 Baths

3,929 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,929 sqft

Price per Sqft $464

Subdivision Coley Forest

MLS Listing ID 10176574

Style Traditional

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1977

Annual Tax Amount $10,767

Lot Size 3,929 Sqft

Acres 0.39

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 3929

Property 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.

Location

State NC

County Wake

Community Coley Forest

Area 0.39

Zoning R-4

Rooms

Basement Finished, Bath Stubbed, Walk-Out Access

Interior

Interior Features Built-in Features, Ceiling Fan(s), Dining L, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Pantry, Quartz Counters, Walk-In Closet(s), Walk-In Shower, Wet Bar

Heating Fireplace(s)

Cooling Central Air

Flooring Hardwood

Fireplaces Number 2

Fireplaces Type Gas Log

Equipment Other

Fireplace Yes

Appliance Dryer, Disposal, Dishwasher, Washer/Dryer

Laundry Upper Level, Laundry Room

Exterior

Exterior Feature Fenced Yard

Fence Fenced Yard

Roof Type Architectural Shingle

Garage Yes

Building

Lot Description Cul-De-Sac

Story Bi-Level, Tri-Level

Foundation Combination

Water Public

Architectural Style Traditional

New Construction No

Schools

Elementary Schools Wake - Lacy Elementary

Middle Schools Wake - Oberlin Middle

High Schools Wake - Needham Broughton High

Others

Senior Community No

Tax ID 079512756664000 0081300

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

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NEARBY SCHOOLS & PROPERTIES

+1(252) 360-1130

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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3516 Ranlo DR Raleigh, NC 27612