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.
Spacious 5-Bedroom Home with Walk-Out In-Law Suite and Deck
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.
A 2005 traditional on 0.24 acres.
Building
Site & utilities
McKenzie Place
Researched nearby locations
Location
511 Hannah McKenzie Dr, Greensboro, NC 27455
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.
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.
A factual market snapshot around 511 Hannah McKenzie Dr.
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.
Residential Single-Family
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
What stands out about this property.
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