3516 Ranlo Dr

Raleigh, NC 27612

$1,825,000
Price
5
Beds
2,945 Sq. Ft.
$620 / Sq. Ft.
2,945
Sq. Ft.
$620
per Sq. Ft.
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Listed By CompassOpen: 6/27 02:00PM - 04:00PM
Listed By CompassOpen: 6/27 02:00PM - 04:00PM
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Description

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...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 combines modern systems and thoughtful improvements with timeless charm in one of Raleigh's most desirable neighborhoods. Ideally situated in the sought-after Five Points area, the home offers convenient access to North Hills, Downtown Raleigh, premier shopping and dining, grocery stores, and Raleigh-Durham International Airport. Whether your clients are seeking luxury living, multi-generational accommodations, guest quarters, or supplemental income, this property delivers a rare combination of elegance, convenience, and investment potential.

Property Details for 3516 Ranlo Drive

View
Yes
Showings Expected to Begin
06-27-2026
Subdivision
Coley Forest

Open Houses

Saturday, Jun 27th2:00 PM - 4:00 PM
PublicView contact
LISTING UPDATED: 06/27/2026 03:21 AM

Property Details for 3516 Ranlo Drive

StatusActive
MLS #10176574
Days on Market1
Taxes$10,767 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1977
Lot Size0.39 AC / 16,988 SF
CountyWake County
Buyer's Agent Compensation2.4%
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Location

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Building Information for 3516 Ranlo Drive

Stories3Year Built1977Building Size-Lot Size0.39 AC / 16,988 SF

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$9,991 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,094

Property Taxes

$897

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3516 Ranlo Drive

Summary
Location and General Information
  • Zoning: R-4
  • Directions: West on Glenwood to left on Glen Eden to right on Lubbock to right on Vick to left on Ranlo then home is on the right.
  • Subdivision Name: Coley Forest
  • Latitude: 35.825792
  • Longitude: -78.670513
  • Road Frontage Type: City Street
  • Neighborhood: Coley Forest
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $10,767.20
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 5
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Lacy Elementary
  • Middle Or Junior School: Wake - Oberlin Middle
  • High School: Wake - Needham Broughton High
Parking
  • Open Parking: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
Virtual Tour
Property
Lot Information
  • Building Area Total: 2945.0
  • Lot Features: Cul-De-Sac
  • Architectural Style: Traditional
  • Detached Living Area Sq Ft: 626
  • Total Other Area Sq Ft: 0
  • Other Structures: Guest House
  • Parcel Number: 079512756664000 0081300
  • Structure Type: House
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
Property and Assessments
  • New Construction: No
  • Photos Count: 57
  • Below Grade Finished Area: 483.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Veneer, HardiPlank Type
  • Exterior Features: Fenced Yard
  • Fencing: Back Yard
  • Foundation Details: Combination
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick Veneer, HardiPlank Type, House
Interior Features
  • Levels: Tri-Level
  • Stories: 3
  • Basement Description: Bath/Stubbed, Daylight, Finished, Heated, Walk-Out Access
  • Fireplace Features: Gas Log
  • Fireplace Y N: Yes
  • Fireplaces Total: 2
  • Flooring: Hardwood
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Electric, Fireplace(s), Natural Gas
  • Heating?: Yes
  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Refrigerator, Washer/Dryer, Water Purifier Owned
  • Laundry Features: Laundry Room, Upper Level
  • Interior Features: Built-in Features, Ceiling Fan(s), Dining L, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Pantry, Quartz Counters, Walk-In Closet(s), Walk-In Shower, Wet Bar
  • Equipment Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Refrigerator, Washer/Dryer, Water Purifier Owned
  • Interior: Brick Veneer, HardiPlank Type, Laundry Room, Upper Level
  • Equipment: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Refrigerator, Washer/Dryer, Water Purifier Owned, Laundry Room, Upper Level
  • Additional Equipment: Other
Room Information
Room Information
  • Rooms Total: 7.0
Room 1
  • Room Dimensions: 16.1 x 13.2
  • Room Width: 13.2
  • Room Length: 16.1
  • Room Level: Second
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 16.1 x 11.7
  • Room Width: 11.7
  • Room Length: 16.1
  • Room Level: Second
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 13.5 x 11.3
  • Room Width: 11.3
  • Room Length: 13.5
  • Room Level: Second
  • Room Type: Bedroom 3
Room 4
  • Room Dimensions: 18.1 x 19.11
  • Room Width: 19.11
  • Room Length: 18.1
  • Room Level: Lower
  • Room Type: Bedroom 4
Room 5
  • Room Dimensions: 28.7 x 13.6
  • Room Width: 13.6
  • Room Length: 28.7
  • Room Level: Main
  • Room Type: Kitchen
Room 6
  • Room Dimensions: 21.7 x 13.7
  • Room Width: 13.7
  • Room Length: 21.7
  • Room Level: Main
  • Room Type: Family Room
Room 7
  • Room Dimensions: 14.1 x 11.7
  • Room Width: 11.7
  • Room Length: 14.1
  • Room Level: Main
  • Room Type: Office
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 3516 Ranlo Drive

DateEvent & SourcePriceAppreciation
Jun 27, 2026

Listed (Active)

TRIANGLEMLS #10176574

—
Jun 26, 2026

Listed (Active)

TRIANGLEMLS #10176574

$1,825,000—
Jun 17, 2021

Sold (Public Record)

Public Record #1515672977

$728,500—
DateEvent & SourcePrice
06/27/2026

Listed (Active)

TRIANGLEMLS #10176574

—
06/26/2026

Listed (Active)

TRIANGLEMLS #10176574

$1,825,000
06/17/2021

Sold (Public Record)

Public Record #1515672977

$728,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3516 Ranlo Drive

Taxable ValueLand$665,000Additions$565,042Total$1,230,042
Tax Record2025$10,767 ($897 / month)
Home Facts
Baths3Total Finished SqFt2,974 SqFtAbove Grade Finished SqFt2,974 SqFtStories2Lot Size16,988 SqFtStyleSingle Family ResidenceYear Built1977Year Renovated2020ZoningR-4CountyWAKEAPN0795.12-75-6664 0081300Fireplace TypeHas Fireplace

Schools near 3516 Ranlo Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Lacy Elementary
Public - PK to 5
Oberlin Middle School
Public - 6 to 8
Needham Broughton High
Public - 9 to 12
Wake Young Women's Leadership Academy
Public - 6 to 13
Rating
School
Distance
Lacy Elementary
PublicPK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Women's Leadership Academy
Public6 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3516 Ranlo Drive, Raleigh, NC 27612

3516 Ranlo Drive is a single family home for sale in Raleigh, NC 27612. This property was listed for sale on June 26, 2026 by Compass, it's currently listed at $1,825,000. It has been on the market for a total of 1 days and was last sold on June 17, 2021. This listing's school district is Wake County School District. Nearby schools include Lacy Elementary, Oberlin Middle School and Needham Broughton High. 3516 Ranlo Drive is a 5-bed, 5-bath, 2,945 sqft single family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.