516 W Peace St

Raleigh, NC 27603

$1,295,000
Price
2
Beds
1,708 Sq. Ft.
$758 / Sq. Ft.
1,708
Sq. Ft.
$758
per Sq. Ft.
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New
New
516 W Peace St 3267977_07302026_02
516 W Peace St 3267977_07302026_01
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Description

Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen. Two bedrooms and one full bath complete the thoughtfully designed floor plan. Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear...Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen. Two bedrooms and one full bath complete the thoughtfully designed floor plan. Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear parking area with convenient side alley access to a quiet neighborhood street. The home is in very good condition and has been updated with a new HVAC system and a newer hot water heater, providing peace of mind while preserving its classic character. Currently zoned NX-3 for Neighborhood Business, this versatile property offers exceptional flexibility. Continue to enjoy it as a charming residence or explore the many possibilities for a neighborhood business. A unique opportunity to own a property with historic charm, modern conveniences, and outstanding potential.
  1. Listed by Amanda Williams • Berkshire Hathaway HomeService

Property Details for 516 West Peace Street

View
Yes
Subdivision
615 Peace St
LISTING UPDATED: 08/01/2026 02:40 PM

Property Details for 516 West Peace Street

StatusActive
MLS #10183887
Taxes$4,742 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1908
Lot Size0.12 AC / 5,227 SF
CountyWake County
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Location

Listing Courtesy of Berkshire Hathaway HomeService
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Building Information for 516 West Peace Street

Stories1Year Built1908Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

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$6,977 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,582

Property Taxes

$395

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 516 West Peace Street

Summary
Location and General Information
  • Zoning: NX-3
  • Directions: Use GPS
  • Subdivision Name: 615 Peace St
  • Latitude: 35.78887
  • Longitude: -78.646376
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,741.77
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1
  • 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 - Wiley Elementary
  • Middle Or Junior School: Wake - Oberlin Middle
  • High School: Wake - Needham Broughton High
Parking
  • Open Parking: Yes
  • Parking Features: Alley Access, Open, Paved
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1708.0
  • Lot Features: Front Yard
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 170418428282000 0074330
  • Structure Type: Site Built
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
Property and Assessments
  • New Construction: No
  • Photos Count: 18
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Sidewalks
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Features: Smart Camera(s)/Recording
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Porch, Wrap Around, See Remarks
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Wood Siding, Site Built
Interior Features
  • Levels: One
  • Stories: 1
  • Master Bedroom 1st Floor: 2
  • Fireplace Features: Decorative, See Remarks
  • Fireplace Y N: Yes
  • Fireplaces Total: 4
  • Flooring: Ceramic Tile, Hardwood
  • Cooling: Central Air, Electric, Gas
  • Cooling?: Yes
  • Heating: None
  • Heating?: No
  • Appliances: Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator
  • Laundry Features: Laundry Room
  • Interior Features: Entrance Foyer, High Ceilings, Kitchen Island, Shower Only
  • Equipment Appliances: Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator
  • Interior: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Alley Access, Open, Paved, Wood Siding, Laundry Room
  • Equipment: Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator, Laundry Room, Alley Access, Open, Paved
Room Information
Room Information
  • Rooms Total: 5.0
Room 1
  • Room Dimensions: 14.2 x 15.3
  • Room Width: 15.3
  • Room Length: 14.2
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 14.2 x 15.3
  • Room Width: 15.3
  • Room Length: 14.2
  • Room Level: Main
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 15.4 x 15.3
  • Room Width: 15.3
  • Room Length: 15.4
  • Room Level: Main
  • Room Type: Dining Room
Room 4
  • Room Dimensions: 31.0 x 6.0
  • Room Width: 6.0
  • Room Length: 31.0
  • Room Level: Main
  • Room Type: Entrance Hall
Room 5
  • Room Dimensions: 15.4 x 15.3
  • Room Width: 15.3
  • Room Length: 15.4
  • Room Level: Main
  • Room Type: Living Room
Room 6
  • Room Dimensions: 15.0 x 15.3
  • Room Width: 15.3
  • Room Length: 15.0
  • Room Level: Main
  • Room Type: Kitchen
Room 7
  • Room Description: Front Porch
  • Room Dimensions: 43.0 x 6.0
  • Room Width: 6.0
  • Room Length: 43.0
  • Room Level: Main
  • Room Type: Other
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 516 West Peace Street

DateEvent & SourcePriceAppreciation
Jul 31, 2026

Listed (Active)

TRIANGLEMLS #10183887

$1,295,000—
Mar 29, 2024

Sold (Public Record)

Public Record #1529946233

$345,000—
DateEvent & SourcePrice
07/31/2026

Listed (Active)

TRIANGLEMLS #10183887

$1,295,000
03/29/2024

Sold (Public Record)

Public Record #1529946233

$345,000

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

Public Records for 516 West Peace Street

Taxable ValueLand$515,382Additions$26,043Total$541,425
Tax Record2025$4,742 ($395 / month)
Home Facts
Beds0Total Finished SqFt1,689 SqFtAbove Grade Finished SqFt1,689 SqFtStories1Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1975ZoningNX-3CountyWAKEAPN1704.18-42-8282 0074330

Schools near 516 West Peace Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Wiley 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
Wiley 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 516 West Peace Street, Raleigh, NC 27603

516 West Peace Street is a single family home for sale in Raleigh, NC 27603. This property was listed for sale on July 31, 2026 by Berkshire Hathaway HomeService, it's currently listed at $1,295,000. It has been on the market for a total of 1 days and was last sold on March 29, 2024. This listing's school district is Wake County School District. Nearby schools include Wiley Elementary, Oberlin Middle School and Needham Broughton High. 516 West Peace Street is a 2-bed, 1-bath, 1,708 sqft single family home built in 1908.

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.

Listing Courtesy of Berkshire Hathaway HomeService

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.