Property listing for 2504 Pennyshire Ln, Raleigh, NC, 27606
For SaleSingle Family Home

$745,000

2504 Pennyshire Ln, Raleigh, NC, 27606

Private 4-Bedroom Home on Nearly One-Acre Lot in Raleigh

4 Bed · 2.5 Bath · 2,875 Sq Ft

Expansive yard, refreshed interiors, and suburban convenience

4

Beds

2.5

Baths

2,875

Sq Ft

1998

Built

0.92 acres

Lot

2-car garage

Garage

About 2504 Pennyshire Ln

What first stands out at 2504 Pennyshire Lane is the scale of the parcel — nearly a full acre that gives this classic late-90s Raleigh home an uncommon degree of privacy and outdoor potential. Sited toward the back of the cul-de-sac-like street, the property invites a variety of uses: raised-bed gardens, a large play lawn, room for a pool, or an expansive patio for summertime gatherings. The yard is the sort of rare suburban setting buyers ask for now.

Inside, the home offers 2,875 finished square feet of flexible living across a plan designed for everyday family life. The main level shows particularly well after the recent refresh: hardwood floors on the main floor have been resurfaced, and new windows were installed to improve efficiency and views to the yard. Living areas are generous and arranged to accommodate both casual family time and more formal entertaining. The kitchen and family room connect to the yard so indoor and outdoor activities feel integrated without being derivative.

Four bedrooms and two-and-a-half bathrooms provide comfortable sleeping quarters and storage for a growing household. Mechanical and practical upgrades include central air conditioning and a whole-house water softener system. The attached two-car garage keeps cars and gear out of the weather and provides additional storage or workshop space. Built in 1998, the home has the solid bones of a suburban residence while recent updates make it move-in ready for the next owners.

Location is an understated asset: the property sits in Raleigh's established residential fabric with access to well-regarded local schools and the city’s amenities within a reasonable drive. For buyers seeking a larger-than-typical lot without leaving the convenience of Raleigh, this property strikes a compelling balance of space, condition, and privacy. With a list price aligned to current valuation estimates, 2504 Pennyshire Lane is positioned as a valuable opportunity for families who prize outdoor space and an updated main level.

Schedule a visit to appreciate the breadth of the lot and the refreshed main-floor finishes in person. This is a home built for yard-focused living and comfortable day-to-day family life — a combination that’s increasingly rare in established Raleigh neighborhoods.

Home Highlights

Move-in readyFreshly resurfaced hardwood floors on main levelNew windowsWater softener systemApproximately 0.92-acre lotAttached 2-car garage2,875 sqft, 4 bedrooms, 2.5 bathroomsBuilt in 1998

Property Features

Interior Features

  • Freshly resurfaced hardwood floors on main level
  • Four bedrooms, two-and-a-half baths
  • 2,875 finished square feet
  • New windows improving energy efficiency
  • Central air conditioning
  • Flexible living and formal spaces

Exterior & Lot

  • Approximately 0.92-acre lot
  • Private, spacious backyard suitable for entertaining or gardening
  • Attached 2-car garage
  • Room for future outdoor improvements (pool, patio, garden)
  • Mature yard setting offering privacy

Location & Neighborhood

  • Located in Raleigh, NC (zip code 27606)
  • Access to highly regarded local schools
  • Suburban setting with convenient access to Raleigh amenities
  • Established residential character and quiet streets

Walkability & Recreation

  • Walkability Rating: N/A — insufficient data for a precise score
  • Nearby parks and green spaces within a short drive
  • Hiking and biking trails accessible in the greater Raleigh area
  • Golf courses and community recreation facilities within regional reach
  • Good access to outdoor activities typical of Raleigh suburbs

Neighborhood & Location

The 27606 area offers the appeal of established Raleigh suburbia: mature yards, quiet residential streets, and access to the city's services and retail without the density of urban cores. Families will appreciate proximity to well-regarded local schools and community amenities, while buyers who value outdoor space will find the larger lots here especially attractive. Neighborhood commerce, dining, and recreation are all a manageable drive away, delivering a lifestyle that balances convenience with room to breathe.

Market Insights

This listing is priced at $745,000, which aligns with the valuation midpoint provided (estimated midpoint $745,000, price per sq. ft. $259, confidence 0.65). That parity between list price and automated estimate suggests the seller is positioning the home competitively relative to the modelled value. Across Raleigh’s suburban neighborhoods, single-family homes on large lots typically retain buyer interest because of their scarcity; properties that combine acreage and a ready-to-occupy interior often attract both owner-occupants and downsizing buyers seeking outdoor space. Given the moderate confidence level in the automated estimate, buyers should verify current comparable sales and active inventory through the local MLS. Sellers can expect attention from buyers who prioritize lot size and turnkey condition, while buyers should be prepared to move quickly on well-priced, larger-lot homes when inventory is limited. For a precise read on days on market, absorption rates, and recent sales in 27606, consult the latest Wake County MLS reports and a local agent who can provide up-to-the-minute metrics.

AI Valuation Estimate

Low

$715K

Midpoint

$745K

High

$775K

$259/SF estimated price per square foot

65% confidence

Derived from Redfin listing LD+JSON

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Nearby Points of Interest

  • Access to highly regarded local schools
  • Nearby parks and green spaces within a short drive
  • Hiking and biking trails accessible in the greater Raleigh area
  • Golf courses and community recreation facilities within regional reach

The 27606 area offers the appeal of established Raleigh suburbia: mature yards, quiet residential streets, and access to the city's services and retail without the density of urban cores. Families will appreciate proximity to well-regarded local schools and community amenities, while buyers who value outdoor space will find the larger lots here especially attractive. Neighborhood commerce, dining, and recreation are all a manageable drive away, delivering a lifestyle that balances convenience with room to breathe.

Market data is based on aggregated public records and may not reflect real-time conditions.

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