Property listing for 3716 Dusty Ln, Raleigh, NC 27604
For SaleSingle Family Home

$305,000

3716 Dusty Ln, Raleigh, NC 27604

Charming Ranch with Hardwood Floors and Renovation Upside

3 Bed · 2 Bath · 1,359 Sq Ft

Single-story 3BR/2BA on a level 0.19-acre lot near parks and greenway

3

Beds

2

Baths

1,359

Sq Ft

1978

Built

0.19 acres

Lot

none

Garage

About 3716 Dusty Ln

This single-story ranch presents a clear value story: original 1978 character with hardwood floors and a level .19-acre lot just a short walk from Buffaloe Road Athletic Park and the Neuse River Greenway. At roughly 1,359 square feet, the layout reads as practical and comfortable — three bedrooms and two bathrooms arranged for easy daily living, central AC and forced-air heating keeping systems straightforward, and driveway parking for two. The home’s footprint and R-4 zoning also create possibilities for an accessory dwelling unit or incremental improvements that add measurable value.

Walking the property you feel the period details — hardwoods underfoot in the main rooms, original fixtures that speak to sound construction — alongside sensible, modern essentials like municipal water/sewer and Duke Energy service. The roof is asphalt shingle (age unknown), and the overall condition is described as average; for buyers seeking a turnkey flip, cosmetic refreshes and targeted system upgrades would unlock quick upside. Comparable sales on Dusty Lane and within a half-mile show recent closings in the $290k–$305k range, supporting a market valuation in the $290k–$320k corridor.

Location is a defining asset. The home sits in Northeast Raleigh with quick access to Buffaloe Road (0.2 miles to Buffaloe Rd), local athletic fields, and greenway trails that make outdoor activity a daily option. Triangle Town Center and WakeMed Raleigh Campus are within a short drive, making commutes and errands convenient while preserving the quieter, residential character of this block.

Buyers should view this property as a practical entry into a steady-appreciating submarket: the assessed value here ($251,825) is below neighbor-driven market estimates, presenting potential immediate equity for a buyer who completes prioritized due diligence. Required verifications include roof assessment, permit reviews for any prior renovations, and a professional home inspection — standard steps to confirm condition and scope for value-add work. Given current market dynamics in Northeast Raleigh, this ranch is well positioned for a buyer who wants a livable home now with clear renovation and rental possibilities down the line.

Home Highlights

Ranch-style single-story livingOriginal hardwood floorsLevel .19-acre lotZoned R-4 — potential for ADUAssessed value below neighborhood marketEstimated market value $290K–$320KStrong nearby park and trail accessEstimated rental income: $1,800/month

Property Features

Interior Features

  • 3 bedrooms, 2 bathrooms
  • Hardwood floors in main living areas
  • Original period fixtures (1978)
  • Central AC and forced-air heating
  • One-level ranch layout
  • Approx. 1,359 sq ft

Exterior & Lot

  • Level 0.19-acre lot (approx. 8,276 sqft)
  • Driveway parking for two vehicles
  • Asphalt shingle roof (age unknown — verify)
  • Standard residential frontage on Dusty Ln
  • Wood-frame construction
  • Zoned R-4 (allows accessory dwelling unit)

Location & Neighborhood

  • 0.5 mile to Buffaloe Road Athletic Park
  • 1 mile to Neuse River Greenway Trail
  • Approx. 3 miles to WakeMed Raleigh Campus
  • Approx. 4 miles to Triangle Town Center
  • Steady appreciation in Northeast Raleigh

Walkability & Recreation

  • Walkability Rating: 60/100 — Some walkable amenities
  • Nearby parks and green spaces: Buffaloe Road Athletic Park
  • Neuse River Greenway Trail within 1 mile
  • Easy driving access to retail and services (Buffaloe Rd)
  • Community recreation facilities within short drive

Neighborhood & Location

Northeast Raleigh blends quiet residential streets with convenient access to amenities. Families and professionals value proximity to Buffaloe Road Athletic Park and the Neuse River Greenway for recreation, while WakeMed and Triangle Town Center are only a short drive away. Demographics show steady population and income growth, and the community maintains a practical, suburban feel with local shopping corridors and established schools. The area’s recent appreciation and limited inventory make it appealing for both owner-occupiers and investors seeking a stable Raleigh submarket.

Market Insights

Northeast Raleigh is currently tilted toward sellers: inventory sits near 2.5 months and homes in this submarket average about 38 days on market. Median sale price for the area is approximately $345,000, with one-year appreciation near 5% and five-year appreciation around 25% — indicators of steady demand and longer-term growth. Single-family homes like this ranch typically perform well, moving quickly when priced in-line with comps; recent sales within a half-mile recorded prices from $290,368 to $304,479 with price-per-square-foot metrics in the low-$200s ($216–$224/ft²). Rental demand in the neighborhood remains solid too — estimate rent for a comparable 3BR is about $1,800/month (rent-per-sf ~1.32), so this property can appeal to buy-and-hold investors as well as owner-occupants. Low inventory and proximity to parks, healthcare, and retail create a favorable window for buyers who act promptly and factor in modest renovation budgets. That said, buyers should undertake standard due diligence — roof inspection, permit verification, and system assessments — to calibrate renovation timing and costs.

Nearby Schools

Wilburn Elementary

Elementary

2/10

Durant Road Middle

Middle

5/10

Heritage High

High

7/10

Walkability & Recreation

60
Walkability
80
Recreation

Very good access to outdoor recreation with Buffaloe Road Athletic Park about 0.5 miles away and the Neuse River Greenway within roughly 1 mile; convenient trails and parks for daily walking, biking, and team sports.

Investment Highlights

  • Potential for renovation to increase value
  • Northeast Raleigh — steady appreciation over the past five years
  • Proximity to Buffaloe Road Athletic Park and Neuse River Greenway Trail
  • Assessed value below market — potential for equity growth
  • Located in a seller's market with limited inventory

Key Findings

  • Assessed value $251,825 (land $95K, improvements $156,825) — annual taxes $2,216
  • Zoned R-4 — allows single-family and accessory dwelling units
  • Comparable sales within 0.5 miles in last 6 months range $290K–$320K
  • Average days on market in Northeast Raleigh: 38 days (seller's market)

Things to Consider

  • Built in 1978 — potential for outdated systems requiring updates
  • Elementary school rated 2/10 — may impact family buyer interest
  • Roof age unknown — asphalt shingle roofs typically last 20-25 years

Opportunity Analysis

Potential for value-add through renovations in a steadily appreciating neighborhood. Proximity to amenities and strong market conditions suggest favorable resale potential.

Potential Use Scenarios

  • Renovate and hold as a rental property
  • Update and resell to capitalize on market appreciation
  • Consider adding an accessory dwelling unit for additional income

Risk Factors

  • Potential for outdated systems requiring updates
  • Elementary school ratings may deter some family buyers

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$290K

Midpoint

$305K

High

$320K

$224/SF estimated price per square foot

75% confidence

Sales comparison approach using neighboring property data and market trends. Adjusted for size, condition, and age. Assessed value of $251,825 appears below market.

As of 2026-03-06

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

Market & Area Data

Market Trends

Area Median Price$345,000
Avg Days on Market38 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$70,000

Northeast Raleigh has experienced steady growth with increasing property values. Walkability Rating estimate: 60/100.

Nearby Points of Interest

  • Buffaloe Road Athletic Park (0.5 mi)
  • WakeMed Raleigh Campus (3 mi)
  • Triangle Town Center (4 mi)
  • Neuse River Greenway Trail (1 mi)

Proximity to parks, healthcare facilities, and shopping centers enhances lifestyle appeal.

School District

DistrictWake County Public School System
ElementaryWilburn Elementary (2/10)
MiddleDurant Road Middle (5/10)
HighHeritage High (7/10)

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

Property Details

Building Details

Year Built1978
Constructionwood frame
Stories1
Roofasphalt shingle
Heatingforced air
Coolingcentral AC
Basementnone
FireplaceNo
Conditionaverage

Lot & Site

Lot Size0.19 acres (8,276 SF)
Topographylevel
Parkingdriveway
Parking Spaces2
FrontageStandard residential frontage on Dusty Ln

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-4
DescriptionResidential-4
JurisdictionCity of Raleigh

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$251,825
Land$95,000
Improvements$156,825
Annual Tax (2025)$2,216

Sale History

1998-04-08$108,000

$79/SF

Arm's length transaction

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