$500,000
3 Bed · 2.5 Bath · 2,235 Sq Ft
Large lot, screened porch, recent mechanical and exterior updates
3
Beds
2.5
Baths
2,235
Sq Ft
2005
Built
1.13 acres
Lot
2-car attached
Garage
What immediately distinguishes 184 Travel Lite Dr is the scale and solitude of the grounds: a generous 1.13‑acre parcel in Waverly Pointe with 75 feet of frontage and a wooded backyard that provides real separation from neighbors. A screened porch faces the trees and creates an ideal spot for evening conversation or a quiet cup of coffee while remaining only minutes from everyday conveniences. The community pond is an easy stroll, reinforcing the semi-rural feel within Raleigh city limits.
Inside, the home’s 2,235 square feet are arranged for comfortable family living. Hardwood floors and a working fireplace anchor shared spaces; the kitchen has granite countertops and updated appliances that balance durability and style. Three bedrooms and two-and-a-half baths give space and privacy, while practical systems keep the house low-maintenance—HVAC units were replaced in 2018/2019 and the roof and vinyl siding were updated in 2019. A two‑car attached garage and driveway provide parking for four vehicles.
The property’s utilities and systems reflect thoughtful stewardship: public water, septic, central AC and forced‑air heat, plus recent exterior and mechanical updates that reduce near‑term capital needs. With no HOA restrictions, the large lot offers flexibility for gardens, outbuildings, or a play area—an appealing option for buyers who want private outdoor space without sacrificing access to the city.
Location strikes a practical balance. Waverly Pointe is quiet and primarily residential, with Waverly Pointe Community Pond a short distance away and White Deer Park and regional shopping a short drive beyond. NC‑42 is about 1.5 miles from the neighborhood, and downtown Raleigh sits roughly 12 miles away—close enough for commuting or weekend nights out. The home sits within the Wake County Public School System; Rand Road Elementary is noted as well‑rated in the area.
From a value perspective, recent neighborhood sales and a valuation model place fair market value in the $475K–$525K range (midpoint $500K). Whether you’re seeking a long‑term primary residence with space for expansion or an investment in a steadily appreciating pocket of Wake County, this property’s combination of scale, updates, and location makes it a rare offering. Schedule a tour to see how the lot and screened porch deliver everyday privacy minutes from Raleigh.
Waverly Pointe offers spacious residential lots and a quiet, semi‑rural character while remaining within easy reach of Raleigh. The neighborhood centers around a community pond and wooded parcels, giving homeowners privacy and outdoor space. Daily errands typically require a car, but essential shopping and parks are a short drive away. Families benefit from Wake County schools and the community’s low‑traffic streets; for broader dining, culture, and employment opportunities, downtown Raleigh is about 12 miles away.
Waverly Pointe and the surrounding 27603 submarket currently read as a balanced-to-lightly seller‑leaning market. Inventory sits at roughly 2.5 months—below a neutral six‑month supply—so well‑priced homes typically find buyers within the neighborhood’s average window of about 35 days on market. Median sale prices in the local area are near $450,000 with one‑year appreciation around 5% and five‑year appreciation of approximately 25%, indicating steady upward pressure on values rather than rapid spikes. Recent comparable sales within a half mile (sales between $425K and $440K in the last 18 months, and a closest recent sale at $440K) show active demand for three‑bedroom homes with sizable lots; price-per-square-foot in comps ranges roughly from $191–$203.
For sellers, the low inventory and consistent buyer interest support listing near the upper end of model-derived ranges when the home is presented with recent updates and strong marketing. For buyers, the market’s short supply suggests acting decisively on competitively priced, well‑maintained properties—especially those with large lots and upgrades that limit immediate capital needs (this home’s roof/siding and HVAC replacements are meaningful in that respect). Investors will note steady rental demand—estimated rent around $2,200/month—while owner‑occupants will appreciate the long‑term appreciation trend and proximity to Raleigh amenities.
Rand Road Elementary
Elementary
North Garner Middle
Middle
Garner High
High
Excellent immediate access to the neighborhood pond and nearby parks—Waverly Pointe Community Pond is steps away and White Deer Park sits roughly 5 miles out—offering options for walking, casual outdoor recreation, and family outings.
Well-maintained home in a growing area with recent updates and a large lot. Proximity to amenities and steady market appreciation suggest strong resale potential.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$475K
Midpoint
$500K
High
$525K
$224/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for lot size, condition, and bedroom count. Assessed value of $433,654 appears below market.
As of 2026-03-07
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Steady population growth with increasing property values. Walkability Rating estimate: 30/100.
Quiet residential area with access to community pond and nearby parks. Convenient to shopping centers and downtown Raleigh.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$211/SF
Arm's length transaction
$92/SF
Arm's length transaction
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