Property listing for 4945 Abundance Ave, Raleigh, NC 27616
For SaleSingle Family Home

$515,000

4945 Abundance Ave, Raleigh, NC 27616

Contemporary 4-Bedroom Home in 5401 North with Screened Porch

4 Bed · 3 Bath · 2,703 Sq Ft

Gourmet kitchen, modern fireplace, steps from Neuse River Greenway

4

Beds

3

Baths

2,703

Sq Ft

2021

Built

0.11 acres

Lot

2-car attached

Garage

About 4945 Abundance Ave

Start your tour on Abundance Avenue — where contemporary transitional architecture of HardiPlank and stone veneer announces a home designed for modern living. This two-story residence (2,703 SF) delivered in 2021 pairs clean lines and intelligent finishes with immediate access to the 5401 North Town Center and the Neuse River Greenway, both a few minutes’ walk away.

Step inside to a thoughtfully composed main level where a gourmet kitchen anchors everyday life. Quartz countertops, stainless steel appliances, and a large center island create a practical focal point for cooking and gathering. The adjacent great room features a modern linear electric fireplace flanked by built-ins and is pre-wired for surround sound — ideal for movie nights or entertaining. A flexible upstairs loft expands living space beyond the four bedrooms, offering a natural homework area, media nook, or home office.

The home’s four bedrooms and three bathrooms are arranged for family comfort and privacy. The property has been maintained in excellent condition and benefits from modern mechanicals: natural gas heating, central air, and durable shingle roofing. Practical details that matter day-to-day include a 2-car attached garage finished with epoxy flooring and ceiling-mounted storage, plus level yard frontage that keeps exterior maintenance minimal.

Outdoor living is easy with a screened-in porch that lengthens your seasons and preserves a sense of privacy on this .11-acre lot. The neighborhood lifestyle is a major asset: River Bend Park sits about 0.2 miles away, the Neuse River Greenway is roughly 0.3 miles, and the walkable 5401 North Town Center offers retail and dining options within a short stroll. Medical services and larger shopping are conveniently close — WakeMed North and Triangle Town Center are within easy driving distance.

From an investment and valuation perspective, recent comparable sales in 5401 North support a market midpoint near $515,000 (assessed value $517,140, annual taxes approx. $4,530). HOA dues (approx. $114/month) fund community amenities and upkeep. With steady appreciation and typical days-on-market in the neighborhood near 30 days, this move-in-ready home represents a compelling opportunity for buyers seeking modern construction, community amenities, and immediate access to trails and town-center conveniences. Schedule a tour to experience the finishes and the neighborhood rhythm in person.

Home Highlights

Move-in readyGourmet kitchen with quartz countertopsScreened-in porch2-car attached garage with epoxy floorPre-wired surround soundModern linear electric fireplace with built-insBuilt in 2021Steps to Neuse River Greenway and 5401 North Town Center

Property Features

Interior Features

  • Quartz countertops
  • Stainless steel appliances
  • Large center island
  • Modern linear electric fireplace with built-ins
  • Pre-wired for surround sound in great room and loft
  • Two-story layout with upstairs loft
  • 2,703 square feet of living space
  • Excellent condition — built 2021

Exterior & Lot

  • HardiPlank siding with stone veneer
  • Screened-in porch
  • 2-car attached garage with epoxy-coated flooring and ceiling storage
  • Level 0.11-acre lot
  • Shingle roof

Location & Neighborhood

  • 5401 North Town Center (≈0.3 mi)
  • Neuse River Greenway (≈0.3 mi)
  • River Bend Park (≈0.2 mi)
  • WakeMed North Hospital (≈2.5 mi)
  • Triangle Town Center Mall (≈3 mi)
  • Easy access to Louisburg Road (≈0.5 mi)

Walkability & Recreation

  • Walkability Rating: 60/100 — Some walkable amenities
  • Nearby parks and green spaces: River Bend Park, neighborhood pocket parks
  • Hiking and biking trails within 0.5 miles — Neuse River Greenway
  • Running/walking paths nearby
  • Community recreation facilities and town-center retail within walking distance

Neighborhood & Location

5401 North is a master-planned, walkable neighborhood offering a strong mix of convenience and green space. Residents enjoy a compact town center with retail and dining, quick access to the Neuse River Greenway and River Bend Park, and easy connections to Louisburg Road and larger shopping nodes. The community appeals to buyers who value trails and neighborhood amenities within walking distance; Wake County schools serve the area, and medical and retail anchors are a short drive away.

Market Insights

5401 North is a stable, desirable pocket of the Raleigh market where inventory remains relatively tight and turnover is moderate. Current metrics show roughly 2.5 months of inventory and average days on market around 30 — conditions that favor sellers but still allow motivated buyers to compete effectively with well-prepared offers. Median sale prices in the submarket center near $520,000 with one-year appreciation close to 5% and five-year appreciation near 25%.

Single-family homes in this community perform consistently: modern builds (2018–2022) command strong interest because they combine low-maintenance finishes with access to community amenities and greenway trails. The three nearby comparables (within 0.2 miles) sold between about $465K and $555K, supporting a valuation midpoint near $515K ($190/SF). Rental demand is healthy as well — estimated monthly rent for similar 4BR homes is near $2,500, producing a gross yield in the mid-single digits, which makes this property viable for investor consideration.

Buyers should note HOA fees (approx. $114/month) and local school ratings when evaluating purchase decisions; the neighborhood’s convenience and amenity access make it an attractive time to consider a purchase, particularly if proximity to trails, a town center, and stable appreciation align with your priorities.

Nearby Schools

Rolesville High

High

6/10

River Bend Middle

Middle

2/10

River Bend Elementary

Elementary

4/10

Walkability & Recreation

60
Walkability
80
Recreation

Very good outdoor access with the Neuse River Greenway and River Bend Park within a third of a mile, neighborhood trails and town-center parks for walking and biking, and easy access to nearby recreation and fitness options.

Investment Highlights

  • Modern construction (2021) with gourmet kitchen and premium finishes
  • Located in 5401 North community with access to parks, trails, and retail
  • Proximity to Neuse River Greenway (0.3 mi) for outdoor recreation
  • Assessed value aligns with market estimate, indicating stable valuation
  • Community experiencing steady growth with increasing property values

Key Findings

  • Assessed value $517,140 (land $110K, improvements $407K) — annual taxes $4,530
  • Zoned PD (Planned Development) — allows for single-family residential use
  • Comparable sales within 0.5 miles in last 6 months range $500K–$530K
  • Average days on market in 5401 North: 30 days (stable market)

Things to Consider

  • Middle school rating is below average (2/10) — may impact family buyer interest
  • Lot size is smaller than average (0.11 acres) — limited outdoor space
  • HOA fees of $114/month — buyers should review community guidelines and fees

Opportunity Analysis

Modern single-family home in a growing master-planned community with access to amenities and stable market trends. Suitable for buyers seeking contemporary living with community benefits.

Potential Use Scenarios

  • Potential primary residence in a community-oriented neighborhood
  • Consider as a rental property given steady appreciation and demand
  • Review HOA guidelines and fees to ensure alignment with buyer preferences

Risk Factors

  • Middle school rating may deter some family buyers
  • Smaller lot size may not appeal to buyers seeking larger outdoor spaces
  • HOA fees and regulations may impact buyer decisions

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

AI Valuation Estimate

Low

$500K

Midpoint

$515K

High

$530K

$190/SF estimated price per square foot

85% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and amenities. Assessed value of $517,140 aligns with market estimate.

As of 2026-03-07

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$520,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$75,000

5401 North community has experienced steady growth with increasing property values. Walkability Rating estimate: 60/100.

Nearby Points of Interest

  • 5401 North Town Center (0.3 mi)
  • River Bend Park (0.2 mi)
  • Neuse River Greenway (0.3 mi)
  • WakeMed North Hospital (2.5 mi)
  • Triangle Town Center Mall (3 mi)

Walking distance to community amenities including parks, trails, and retail. Easy access to major shopping centers and healthcare facilities.

School District

DistrictWake County Public School System
ElementaryRiver Bend Elementary (4/10)
MiddleRiver Bend Middle (2/10)
HighRolesville High (6/10)

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

Property Details

Building Details

Year Built2021
ConstructionHardiPlank and stone veneer
Stories2
Roofshingle
Heatingnatural gas
Coolingcentral air
Basementnone
FireplaceYes
Conditionexcellent

Lot & Site

Lot Size0.11 acres (4,791.6 SF)
Topographylevel
Parkingattached_garage
Parking Spaces2
FrontageStandard residential frontage on Abundance Ave

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodePD
DescriptionPlanned Development
JurisdictionCity of Raleigh

Allowed Uses

single family residentialcommunity amenities
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$517,140
Land$110,000
Improvements$407,140
Annual Tax (2025)$4,530

Sale History

2021-11-23$456,500

$169/SF

Arm's length transaction

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