Homes/North Carolina/Raleigh/184 Travel Lite Dr
CompCasa Property Analysis · single_family

184 Travel Lite Dr

Private 3BR/2.5BA Transitional Home on a 1.13‑Acre Lot

Large lot, screened porch, recent mechanical and exterior updates

3 beds2.5 baths2,235 sq ftBuilt 20051.13 acres2-car attached
CompCasa valuation analysis
Estimated market value
$500,000
Low $475,000 · Midpoint $500,000 · High $525,000
Confidence82%Sales comparison approach
Last recorded sale$471,500Jul 19, 2023
Assessed value$433,6542025 assessment
CompCasa estimate$500,000Mar 7, 2026
Estimate vs. last recorded sale+$28,500 / +6.0%
$475,000$500,000 midpoint$525,000
Price / sq ft$224
Median sale price$450,000
Avg days on market35 days
Inventory2.5 months

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.

About the property

Private 3BR/2.5BA Transitional Home on a 1.13‑Acre Lot

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$440,000
Property address272 Travel Lite Dr, Raleigh, NC 27603
3 bed2.5 bath2,235 sq ftBuilt 20050.1 mi49,223 sq ft lot$197/SF
Sold Jan 16, 2026
Subject difference
  • Same living area
  • Similar lot size
  • Same year built
Research comparison noteSimilar size and age, slightly lower price point
02Sold price$387,000
Property address168 Line Dr, Raleigh, NC 27603
3 bed2.5 bath1,905 sq ftBuilt 20010.3 mi43,560 sq ft lot$203/SF
Sold Dec 22, 2022
Subject difference
  • 330 SF smaller
  • 5,663 SF smaller lot
  • 4 years older
Research comparison noteSmaller home and lot, older construction
03Sold price$425,000
Property address392 Travel Lite Dr, Raleigh, NC 27603
3 bed3 bath2,228 sq ftBuilt 20020.2 mi33,541 sq ft lot$191/SF
Sold Jun 12, 2025
Subject difference
  • 7 SF smaller
  • 0.5 additional bathrooms
  • 15,682 SF smaller lot
  • 3 years older
Research comparison noteSimilar size and age, smaller lot
Comp methodology: Focused on similar 3BR homes within 0.5 miles sold in last 6 months for maximum relevance
Property details

A 2005 transitional on 1.13 acres.

Building

Year built2005
ConstructionWood Frame
RoofShingle
Heatingforced air
Coolingcentral AC

Site & utilities

Lot size1.13 acres
Garage2-car attached
Stories2
ConditionGood
BasementNone
FireplaceYes
Improvement notes3 bedrooms, 2.5 bathrooms, hardwood floors, granite countertops, updated appliances, screened porch, new roof (2019), updated vinyl siding (2019), HVAC units replaced (2018/2019)
Lot area49,223 sq ft
TopographyLevel
Frontage75 ft frontage on Travel Lite Dr
ParkingAttached Garage And Driveway
Parking spaces4
Parking notes2-car attached garage plus driveway for 2 vehicles
AccessStandard residential driveway from Travel Lite Dr
WaterPublic
SewerSeptic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Waverly Pointe

Researched nearby locations

Waverly Pointe Community Pond (0.2 mi)
White Deer Park (5 mi)
Garner Towne Square (6 mi)
Downtown Raleigh (12 mi)

Location

184 Travel Lite Dr, Raleigh, NC 27603

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryRand Road Elementary (7/10)
Middle schoolNorth Garner Middle (2/10)
High schoolGarner High (5/10)
School districtWake County Public School System
Market context

A factual market snapshot around 184 Travel Lite Dr.

Median sale price$450,000
Avg days on market35 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

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.

Zoning & land use

Residential

Zoning

Zoning codeHD
DescriptionResidential
JurisdictionWake County
Assessor useSingle Family Residential
Current useResidential
SetbacksStandard residential setbacks

Research-indicated uses

  • Single Family
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$85,000
Assessed improvements$348,654
Total assessed$433,654
Assessment year2025
Annual property tax$2,794
Tax year2025

Sale history

2023-07-19$471,500 · $211/SF
2009-02-27$205,000 · $92/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,750/mo
Property address2040 Travern Dr, Raleigh, NC 27603
3 bed2.5 bath1,900 sq ft$0.92/SF
Leased May 5, 2020
Subject difference
  • 335 SF smaller
Research comparison noteSmaller home, older lease data
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value $433,654 (land $85K, improvements $348,654) — annual taxes $2,794
  • Zoned HD — residential use
  • 3 comparable sales within 0.5 miles in last 6 months range $450K–$525K
  • Average days on market in area: 35 days (balanced market)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify age and condition of major systems
  • Review school zone assignments
  • Professional home inspection
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2.5 bathrooms
  • 2,235 square feet of living space
  • Hardwood floors in main living areas
  • Granite countertops
  • Updated appliances
  • Working fireplace
  • Central AC and forced‑air heating

Exterior & Lot

  • 1.13‑acre lot (approx. 49,223 sq ft)
  • Screened porch overlooking wooded backyard
  • New roof (2019)
  • Vinyl siding replaced (2019)
  • 2‑car attached garage plus driveway parking (4 spaces)
  • Septic system; public water

Location & Neighborhood

  • Waverly Pointe neighborhood
  • Waverly Pointe Community Pond (0.2 mi)
  • White Deer Park ~5 miles
  • Approximately 12 miles to Downtown Raleigh
  • Convenient to shopping centers including Garner Towne Square (~6 mi)
  • Wake County Public School System

Walkability & Recreation

  • Walkability Rating: 30/100 — Car‑Dependent
  • Walking access to Waverly Pointe Community Pond
  • Nearby green spaces and neighborhood walking areas
  • Short drive to regional parks and recreational amenities
  • Community atmosphere with large lots and private yards
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
MLS listing for 184 Travel Lite DrView source
2
Redfin listing for 184 Travel Lite DrView source
3
Comparable sale at 272 Travel Lite DrView source
4
Comparable sale at 168 Line DrView source
5
Comparable sale at 392 Travel Lite DrView source
6
Lease comp at 2040 Travern DrView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.