3516 Ranlo Drive, Raleigh, NC 27612

Raleigh
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
3516 Ranlo Drive,Raleigh, NC 27612
$1,825,000
  • 5 Beds
  • 5 Baths
  • 2,812 sq. ft.
  • Multi-family
  • Active
Listed by: bobbie callahan
Office: compass -- raleigh
MLS#:10176574
Source:RD

Price summary

  • Price:$1,825,000
  • Price per sq. ft.:$649

About this home

This exceptional property offers the perfect blend of lifestyle, location, and income potential. Completely renovated in 2022, the estate features a beautifully appointed main residence along with a detached cottage/ADU that currently generates approximately $28,000 annually in rental income. Beyond its income-producing capabilities, the cottage offers tremendous flexibility as a mother-in-law suite, private guest house for out-of-town visitors, home office, or multi-generational living space. Located within the desirable Lacy, Oberlin and Broughton schools The extensive renovation and subsequent improvements reflect a significant investment in both aesthetics and infrastructure. Highlights include substantial plumbing updates throughout the home, a Kinetico whole-house water purification system installed in 2022, a new driveway, and a 10-inch drainage pipe system installed in 2023 to enhance stormwater management and long-term property performance. This move-in-ready property...

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Home facts

  • Year built:1977
  • Listing ID #:10176574
  • Added:1 day(s) ago
  • Updated:June 28, 2026 at 06:44 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:4
  • Rooms Total:7
  • Flooring:Hardwood
  • Dining Description:Dining L, Eat-in Kitchen
  • Bathrooms Description:Walk-In Shower
  • Kitchen Description:Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Refrigerator, Washer/Dryer, Water Purifier Owned
  • Basement:Yes
  • Basement Description:Bath/Stubbed, Daylight, Finished, Heated, Walk-Out Access
  • Living area:2,812 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Fireplace(s), Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:1977
  • Building area:2,812 sq. ft.
  • Lot area:0.39 Acres
  • Lot Features:Cul-de-sac
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer, HardiPlank Type
  • Exterior Features:Covered, Deck, Fenced Yard
  • Foundation Description:Combination
  • Levels:Tri-Level

Schools

  • High school:Wake - Needham Broughton High
  • Middle school:Wake - Oberlin Middle
  • Elementary school:Wake - Lacy Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,825,000
  • Price per sq. ft.:$649
  • Tax amount:$10,767

Features and amenities

  • Laundry features:Laundry Room, Upper Level

Parking

  • Garage:Yes
  • Garage spaces:2
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