Homes/North Carolina/Greensboro/511 Hannah McKenzie Dr
CompCasa Property Analysis · single_family

511 Hannah McKenzie Dr

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

Versatile multi-level living near Lake Jeanette and Friendly Center

5 beds5 baths4,147 sq ftBuilt 20050.24 acres2-car attached
CompCasa valuation analysis
Estimated market value
$550,000
Low $525,000 · Midpoint $550,000 · High $575,000
Confidence82%Sales comparison approach
Last recorded sale$379,900Oct 24, 2017
Assessed value$426,9002024 assessment
CompCasa estimate$550,000Mar 7, 2026
Estimate vs. last recorded sale+$170,100 / +44.8%
$525,000$550,000 midpoint$575,000
Price / sq ft$133
Median sale price$500,000
Avg days on market30 days
Inventory2.5 months

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.

About the property

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.

Property details

A 2005 traditional on 0.24 acres.

Building

Year built2005
ConstructionStick/Site Built
RoofAsphalt
Heatingforced air gas
Coolingcentral AC

Site & utilities

Lot size0.24 acres
Garage2-car attached
Stories3
ConditionGood
BasementFinished Walkout
FireplaceYes
Improvement notes5 bedrooms, 5 bathrooms, hardwood floors, walk-out basement with in-law suite, new roof
Lot area10,454 sq ft
TopographySloping
FrontageStandard residential frontage on Hannah McKenzie Dr
ParkingAttached Garage And Driveway
Parking spaces4
Parking notes2-car attached garage plus driveway parking
AccessStandard residential driveway from Hannah McKenzie Dr
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

McKenzie Place

Researched nearby locations

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)

Location

511 Hannah McKenzie Dr, Greensboro, NC 27455

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryJesse Wharton Elementary School (7/10)
Middle schoolMendenhall Middle School (6/10)
High schoolPage High School (4/10)
School districtGuilford County Schools
Market context

A factual market snapshot around 511 Hannah McKenzie Dr.

Median sale price$500,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

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.

Zoning & land use

Residential Single-Family

Zoning

Zoning codeRS-9
DescriptionResidential Single-Family
JurisdictionCity of Greensboro
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 25', side 10', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$55,000
Assessed improvements$371,900
Total assessed$426,900
Assessment year2024
Annual property tax$5,989
Tax year2024

Sale history

2017-10-24$379,900 · $92/SF
2005-08-30$306,500 · $74/SF
Highlights & features

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