$510,000
5716 Clarks Fork Dr, Raleigh, NC 27616
Spacious 5-Bed Traditional Home with Vaulted Entry and ADU Potential
5 Bed · 2.5 Bath · 3,164 Sq Ft
Large family floor plan near Neuse River Greenway and Triangle Town Center
5
Beds
2.5
Baths
3,164
Sq Ft
2000
Built
0.21 acres
Lot
2-car attached
Garage
About 5716 Clarks Fork Dr
A vaulted entry announces this well-proportioned, traditional two-story home on Clarks Fork Drive. Over 3,160 square feet of living space unfolds with formal rooms and practical family areas: a formal dining room for holiday gatherings, an eat-in kitchen ready for everyday routines, and a living room centered on a fireplace that anchors the main level. The layout balances room sizes and sight lines so daily life and entertaining both feel comfortable.
The primary suite is a private wing with a vaulted ceiling, generous walk-in closet and an en-suite bath featuring separate tub and shower. Four additional upstairs bedrooms and a full bath give families or guests ample breathing room and privacy. Practical details include a 2-car attached garage, level 0.21-acre lot and central HVAC/forced-air systems that support comfortable year-round living.
Owners will appreciate the solid, traditional finishes and the home’s flexible footprint: formal spaces convert easily to home offices or playrooms, and the R-6 zoning allows for accessory dwelling unit potential — an attractive option for rental income or multigenerational living. The property has been owner-occupied since 2018 and shows well for move-in readiness, with a condition assessment of “good.”
Outside, the yard is level and low-maintenance, ideal for play, gardening, or future improvements. Location is a practical standout: Riverside residents enjoy quick access to the Neuse River Greenway (about 1 mile), Triangle Town Center (2.5 miles), WakeMed North (approximately 3 miles), and Buffaloe Road Aquatic Center (around 2 miles). This home is a compelling choice for buyers seeking space, neighborhood amenities, and upside through potential ADU conversion.
Home Highlights
Property Features
Interior Features
- Vaulted entryway
- Primary suite with vaulted ceiling and walk-in closet
- En-suite primary bath with separate tub and shower
- Living room with fireplace
- Formal dining room
- Eat-in kitchen
- Five bedrooms across two floors
- Two and a half bathrooms
Exterior & Lot
- Level 0.21-acre lot (9,147 sqft)
- 2-car attached garage plus driveway parking
- Wood-frame construction with shingle roof
- Private rear yard suitable for landscaping or play
- Standard residential frontage on Clarks Fork Dr
Location & Neighborhood
- Riverside neighborhood — Northeast Raleigh
- Triangle Town Center (2.5 miles)
- WakeMed North Hospital (3 miles)
- Neuse River Greenway Trail (~1 mile)
- Buffaloe Road Aquatic Center (~2 miles)
Walkability & Recreation
- Walkability Rating: 65/100 — Some walkable amenities
- Neuse River Greenway Trail within 1 mile
- Buffaloe Road Aquatic Center ~2 miles
- Triangle Town Center shopping & dining ~2.5 miles
- Community parks and neighborhood sidewalks nearby
- Running/walking paths and greenway access for daily recreation
Neighborhood & Location
Riverside blends convenient suburban living with quick access to major retail and recreational corridors. Families value nearby Neuse River Greenway for trails and outdoor time, while Triangle Town Center supplies major shopping and dining options just a short drive away. WakeMed North and community recreation at Buffaloe Road Aquatic Center add practical conveniences. The neighborhood’s steady appreciation and low inventory have made it popular with buyers who want space, schools, and greenway access without a long commute to central Raleigh.
Market Insights
Riverside and northeast Raleigh are currently favoring sellers: inventory sits at roughly 2.5 months and average DOM is near 30 days, producing multiple-offer activity on well-priced homes. Median sale price in the market area is about $495,000 with one-year appreciation modest at ~5% and five-year appreciation around 25%. Recent local comps within 0.5 miles show sales between $460K and $494K and price-per-square-foot metrics in the $145–$170 range — supporting a valuation midpoint near $510,000 for a 3,164 SF home in good condition. Single-family homes in this corridor continue to attract families and investors because of strong rental demand (estimated rents for similar homes run roughly $2,200–$2,800/mo) and proximity to major retail and medical anchors. With limited inventory and steady buyer traffic, well-maintained, move-in-ready homes priced inside the market band typically sell within a few weeks. For buyers, the moment is competitive but predictable; for sellers, the environment supports achieving close to market estimate when presentation and pricing align.
Nearby Schools
Wildwood Forest Elementary
Elementary
Wake Forest Middle
Middle
Wakefield High
High
Walkability & Recreation
Very good recreational access with the Neuse River Greenway about 1 mile away, Buffaloe Road Aquatic Center ~2 miles, and multiple parks and trails for walking, running and biking within a short drive.
Investment Highlights
- Spacious 5-bedroom layout with versatile living spaces
- Desirable Riverside neighborhood with convenient access to amenities
- Steady appreciation with 32% increase since 2018 purchase
- Proximity to Neuse River Greenway Trail and other recreational facilities
- R-6 zoning allows for accessory dwelling units
Key Findings
- County assessor shows 2018 purchase at $385,000 ($121.67/SF) — current estimate $510,000 ($161.18/SF)
- Assessed value $541,350 (land $85K, improvements $456,350) — annual taxes $4,722
- Zoned R-6 allowing single-family and accessory dwelling units
- 3 comparable sales within 0.5 miles in last 6 months range $475K–$545K
- Average days on market in Riverside: 30 days (seller's market)
Things to Consider
- Built in 2000 — major systems may require inspection for age and condition
- Elementary and middle schools have average ratings (4/10) — may impact family buyer interest
- HOA fees and restrictions should be reviewed for compliance and budgeting
Opportunity Analysis
Well-maintained traditional home in a desirable Raleigh neighborhood with steady appreciation and modern amenities. Potential for accessory dwelling unit provides additional flexibility. Limited inventory and high demand suggest strong resale trajectory.
Potential Use Scenarios
- Potential primary residence in a family-friendly neighborhood
- Accessory dwelling unit potential for rental income or multigenerational living
- Comparable rentals suggest estimated rent of $2,200/mo if used as investment property
Risk Factors
- Age of major systems may require near-term maintenance or replacement
- Average school ratings may deter some family buyers
- HOA fees and restrictions may impact budgeting and property use
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$485K
Midpoint
$510K
High
$535K
$161.18/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and features. Assessed value of $541,350 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
Demographics
Northeast Raleigh has experienced steady population growth and rising property values over the past decade. Walkability Rating estimate: 65/100.
Nearby Points of Interest
- Triangle Town Center (2.5 mi)
- WakeMed North Hospital (3 mi)
- Neuse River Greenway Trail (1 mi)
- Buffaloe Road Aquatic Center (2 mi)
Close proximity to shopping centers, healthcare facilities, and recreational amenities. Easy access to major highways and public transportation.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
$121.67/SF
Arm's length transaction
$71.11/SF
Post-recession purchase
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