Property listing for 511 Hannah McKenzie Dr, Greensboro, NC 27455
For SaleSingle Family Home

$550,000

511 Hannah McKenzie Dr, Greensboro, NC 27455

Spacious 5-Bedroom Home with Walk-Out In-Law Suite and Deck

5 Bed · 5 Bath · 4,147 Sq Ft

Versatile multi-level living near Lake Jeanette and Friendly Center

5

Beds

5

Baths

4,147

Sq Ft

2005

Built

0.24 acres

Lot

2-car attached

Garage

About 511 Hannah McKenzie Dr

The first thing you notice touring 511 Hannah McKenzie Drive is how the floor plan flexes to meet real life: a full walk-out basement with private bedroom and full bath that functions as an in‑law suite, a main level anchored by hardwood floors and an oversized deck, and a third level configured for exercise, study or extra guest space. Built in 2005 and thoughtfully updated, this 4,147-square-foot traditional home sits on a sloping, wooded 0.24-acre lot in McKenzie Place and delivers layered living across three levels.

Step inside to classic details and practical updates. The main living areas showcase hardwood flooring and a gas fireplace that centers the family room. The kitchen opens onto the deck—perfect for summer grilling—and provides sightlines out into the private backyard. The expansive primary suite is a true retreat, complete with a sitting area and generous bath; upstairs you’ll find an additional bedroom and a dedicated exercise/bonus space that adapts to working-from-home demands or a teen hangout.

Downstairs, the walk-out basement is a standout: private entrance, recreation area, bedroom and full bath make it ideal as a multigenerational suite or rental-ready apartment. Recent maintenance upgrades reduce near-term costs—most notably a new roof and a First American Home Warranty for buyer confidence. Mechanical systems are forced-air gas heating and central AC; a two-car attached garage plus driveway parking supports busy households.

Outside, the property’s sloping, wooded rear creates a quiet backdrop for the large deck and entertaining. Lake Jeanette is just 1.5 miles away for boating and shoreline walks, and Friendly Center’s shopping and dining are roughly five miles from your door. With a strong neighborhood reputation, convenient nearby schools, and flexible living spaces, this home suits families, buyers seeking rental income from the in‑law suite, or anyone who wants private outdoor space without sacrificing access to city amenities.

This is a well-maintained, versatile residence in a market where comparable homes move quickly. Bring your inspector and your design ideas—whether you keep the current configuration or refine rooms for a specific lifestyle, 511 Hannah McKenzie offers scale, privacy, and proven demand in McKenzie Place.

Home Highlights

Walk-out basement with private in-law suiteNew roof and First American Home WarrantyExpansive primary suite with sitting areaHardwood floors on main levelOversized deck overlooking wooded yard2-car attached garageVersatile third-level bonus/exercise roomEstimated rental potential: $3,500/month

Property Features

Interior Features

  • 5 bedrooms, 5 full bathrooms
  • 4,147 sq ft across three levels
  • Finished walk-out basement with private bedroom and full bath
  • Hardwood floors on main level
  • Primary suite with sitting area
  • Third-level exercise/bonus room
  • Gas fireplace
  • Central AC and forced-air gas heating

Exterior & Lot

  • 0.24-acre sloping, wooded lot
  • Oversized deck overlooking private backyard
  • 2-car attached garage plus driveway parking
  • New roof (recent)
  • Asphalt roof
  • Standard residential frontage on Hannah McKenzie Dr

Location & Neighborhood

  • McKenzie Place neighborhood
  • Lake Jeanette — 1.5 miles (recreational access)
  • Friendly Center shopping and dining — ~5 miles
  • Jesse Wharton Elementary (2.4 mi), Mendenhall Middle (3.2 mi), Page High (3.1 mi)
  • Zoned RS-9 — single-family residential

Walkability & Recreation

  • Walkability Rating: 30/100 — Car-Dependent
  • Lake Jeanette (1.5 miles) — boating and shoreline access
  • Friendly Center shopping district (5 miles)
  • Nearby neighborhood sidewalks and green spaces for daily walks
  • Running/walking paths and community recreation options within a short drive

Neighborhood & Location

McKenzie Place is a mature, family-oriented pocket of Greensboro anchored by wooded lots and quick access to Lake Jeanette. Residents enjoy proximity to neighborhood schools, established shopping corridors at Friendly Center, and a collection of local restaurants and services a short drive away. Streets are largely residential with a mix of traditional single‑family homes; the community appeals to buyers who want privacy and yard space without sacrificing city conveniences. Active families will appreciate nearby parks, school programs, and easy access to regional roadways for commutes across the Triad.

Market Insights

Greensboro’s McKenzie Place currently tilts toward a seller’s market: inventory sits near 2.5 months and comparable homes typically sell in about 30 days. Area median sale prices hover around $500,000, and local appreciation has been modestly positive—approximately 5% over the last year and about 25% over five years. Single-family homes with flexible floor plans and finished basements, like this 5BR/5BA product, are in particular demand from families seeking extra living options and buyers open to rental income. Recent comps within the neighborhood show transactions in the $500K–$550K range, supporting an estimated value midpoint near $550,000 ($133/SF). Low inventory and steady buyer interest make now a favorable time to list or buy, especially when a property presents move-in-ready elements (new roof, home warranty) that reduce near-term maintenance risk. For investors, comparable rentals indicate an estimated monthly rent around $3,500, producing attractive gross yield relative to local cap rates. Caveats: verify system ages and school boundaries as part of due diligence; high school ratings in the area are mixed and can influence family buyer demand.

Nearby Schools

Jesse Wharton Elementary School

Elementary · 2.4 mi

7/10

Mendenhall Middle School

Middle · 3.2 mi

6/10

Page High School

High · 3.1 mi

4/10

Walkability & Recreation

30
Walkability
75
Recreation

Excellent access to Lake Jeanette (1.5 miles) for boating and water recreation, plus nearby green spaces and shopping at Friendly Center about five miles away—good options for walking, running, and weekend outdoor activities.

AI Valuation Estimate

Low

$525K

Midpoint

$550K

High

$575K

$133/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and lot size. Assessed value of $426,900 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.

Market & Area Data

Market Trends

Area Median Price$500,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)10,000
Median Income (1 mi)$75,000

Stable population with moderate income levels. Walkability Rating estimate: 30/100.

Nearby Points of Interest

  • Lake Jeanette (1.5 mi)
  • Jesse Wharton Elementary School (2.4 mi)
  • Mendenhall Middle School (3.2 mi)
  • Page High School (3.1 mi)
  • Friendly Center Shopping Mall (5 mi)

Proximity to Lake Jeanette offers recreational opportunities. Nearby schools and shopping centers enhance convenience.

School District

DistrictGuilford County Schools
ElementaryJesse Wharton Elementary School (7/10)
MiddleMendenhall Middle School (6/10)
HighPage High School (4/10)

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

Property Details

Building Details

Year Built2005
Constructionstick/site built
Stories3
Roofasphalt
Heatingforced air gas
Coolingcentral AC
Basementfinished walkout
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.24 acres (10,454 SF)
Topographysloping
Parkingattached_garage_and_driveway
Parking Spaces4
FrontageStandard residential frontage on Hannah McKenzie Dr

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeRS-9
DescriptionResidential Single-Family
JurisdictionCity of Greensboro

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$426,900
Land$55,000
Improvements$371,900
Annual Tax (2024)$5,989

Sale History

2017-10-24$379,900

$92/SF

Arm's length transaction

2005-08-30$306,500

$74/SF

New construction sale

Find a Local Agent

Looking to buy or sell? Connect with a licensed local agent who knows this area.

Request a Showing

Your inquiry will be connected with a licensed local real estate professional through our brokerage partner.

Are You a Local Agent?

No agency is currently featured for this market. Join the CompCasa Local Partner Program to get your brokerage placed on property pages like this one.

Learn About the Partner Program

CompCasa is a marketing and technology platform. All brokerage services are provided by licensed partners.