5316 Fair Rain Dr

Raleigh, NC 27616

$350,000
Price
3
Beds
2,301 Sq. Ft.
$152 / Sq. Ft.
2,301
Sq. Ft.
$152
per Sq. Ft.
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New
New
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Riverside Cypress Grove Amenities Photo
Measurements 5316 Fair Rain Dr

Description

Welcome to this beautifully maintained 3-bedroom, 2.5-bath townhome in the highly desirable Riverside community--where comfort, convenience, and style come together to truly live like a single-family home! Step inside to find an inviting open floor plan featuring a spacious family room with a cozy gas log fireplace, perfect for relaxing or entertaining. The kitchen is a chef's delight with granite countertops, ample cabinetry, and great flow into the dining area, which is enhanced by elegant crown...Welcome to this beautifully maintained 3-bedroom, 2.5-bath townhome in the highly desirable Riverside community--where comfort, convenience, and style come together to truly live like a single-family home! Step inside to find an inviting open floor plan featuring a spacious family room with a cozy gas log fireplace, perfect for relaxing or entertaining. The kitchen is a chef's delight with granite countertops, ample cabinetry, and great flow into the dining area, which is enhanced by elegant crown molding and chair rail details. Upstairs, you'll love the versatile loft space--ideal for a home office, media room, or play area. The generously sized primary suite offers a private retreat with a luxurious bath complete with a garden tub and separate shower. Two additional bedrooms provide plenty of space for family or guests. Enjoy outdoor living with a private patio featuring fencing on both sides for added privacy--perfect for morning coffee or evening gatherings. A rare 2-car garage adds convenience and extra storage. Refrigerator, Washer, and Dryer conveys making this home move-in ready! Newer HVAC (2022) for added peace of mind. Residents of Riverside enjoy fantastic neighborhood amenities including a swimming pool, tennis courts, playground, and clubhouse. Ideally located just minutes from shopping, dining, medical facilities, and the scenic Neuse River Trail, this home offers the perfect blend of lifestyle and location. Don't miss your opportunity to call this exceptional property home!
  1. Listed by Karen Foster • Keller Williams Realty

Property Details for 5316 Fair Rain Drive

View
Yes
Subdivision
Riverside
HOA Fees
$270.00
LISTING UPDATED: 04/09/2026 09:14 PM

Property Details for 5316 Fair Rain Drive

StatusActive
MLS #10158872
Days on MarketListed Today
Taxes$3,087 / year
HOA Fees$270 / month
Condo/Co-op Fees-
Property TypeTownhouse
MLS TypeResidential / Attached
Year Built2003
Lot Size0.07 AC / 3,049 SF
CountyWake County
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Location

Listing Courtesy of Keller Williams Realty
Add your commute

Building Information for 5316 Fair Rain Drive

Stories2Residences-Year Built2003Lot Size0.07 AC / 3,049 SF

Payment Calculator

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$2,290 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,762

Property Taxes

$257

HOA Dues

$270

The Payment Calculator is for illustrative purposes only.

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Property Information for 5316 Fair Rain Drive

Summary
Location and General Information
  • Zoning: R-10
  • Directions: From Louisburg Rd turn left onto Perry Creek Rd, then turn Right on Clarks Fork Dr, next turn left on Rio Grande Dr, finally turn Right on Fair Rain Dr. Home is on your right.
  • Subdivision Name: Riverside
  • Latitude: 35.889822
  • Longitude: -78.552883
  • Neighborhood: Cypress Grove
Taxes and HOA Information
  • Association Fee Includes: Maintenance Grounds, Pest Control
  • Association: Yes
  • Total HOA Dues: $270.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $3,087.29
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 6
  • Restrictive Covenants YN: Yes
  • Tax Lot: 6
Contract Information
  • Comp Sale YN: No
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Wildwood Forest
  • Middle Or Junior School: Wake - East Millbrook
  • High School: Wake - Wakefield
Parking
  • Open Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 2301.0
  • Lot Features: Landscaped
  • Architectural Style: Transitional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1737294039
  • Structure Type: Townhouse
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
Property and Assessments
  • New Construction: No
  • Photos Count: 19
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Clubhouse, Playground, Pool, Tennis Court(s)
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Privacy, Vinyl
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Pool Features: Swimming Pool Com/Fee
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Vinyl Siding, Townhouse
Interior Features
  • Levels: Two
  • Stories: 2
  • Flooring: Carpet, Hardwood, Tile
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling?: Yes
  • Heating: Forced Air, Heat Pump
  • Heating?: Yes
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
  • Laundry Features: Laundry Room, Upper Level
  • Interior Features: Ceiling Fan(s), Crown Molding, Entrance Foyer, Granite Counters, Pantry, Separate Shower, Soaking Tub, Walk-In Closet(s)
  • Equipment Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
  • Interior: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Driveway, Garage, Garage Door Opener, Garage Faces Front, Brick, Vinyl Siding, Laundry Room, Upper Level
  • Equipment: Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Laundry Room, Upper Level, Driveway, Garage, Garage Door Opener, Garage Faces Front
Room Information
Room Information
  • Rooms Total: 6.0
Room 1
  • Room Level: Upper
  • Room Type: Primary Bedroom
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 5316 Fair Rain Drive

DateEvent & SourcePriceAppreciation
Apr 9, 2026

Listed (Active)

TRIANGLEMLS #10158872

$350,000—
Nov 3, 2016

Sold

TRIANGLEMLS #2090723

$225,000—
Nov 3, 2016

Sold

AMLS #2090723

$225,000—
Nov 3, 2016

Sold

TRIANGLEMLS #2090723

$225,000—
Oct 19, 2016

Sold (Public Record)

Public Record #581855704

$225,000

+2.1% / yr

Sep 30, 2016

Pending

TRIANGLEMLS #2090723

—
Sep 20, 2016

Listed (Active)

TRIANGLEMLS #2090723

$225,000—
Sep 20, 2016

Listed (Active)

TRIANGLEMLS #2090723

$225,000—
Sep 20, 2016

Listed (Active)

AMLS #2090723

$225,000—
Sep 3, 2004

Sold (Public Record)

Public Record #147789554

$174,000—
DateEvent & SourcePrice
04/09/2026

Listed (Active)

TRIANGLEMLS #10158872

$350,000
11/03/2016

Sold

TRIANGLEMLS #2090723

$225,000
11/03/2016

Sold

AMLS #2090723

$225,000
11/03/2016

Sold

TRIANGLEMLS #2090723

$225,000
10/19/2016

Sold (Public Record)

Public Record #581855704

$225,000

+2.1% / yr

09/30/2016

Pending

TRIANGLEMLS #2090723

—
09/20/2016

Listed (Active)

TRIANGLEMLS #2090723

$225,000
09/20/2016

Listed (Active)

TRIANGLEMLS #2090723

$225,000
09/20/2016

Listed (Active)

AMLS #2090723

$225,000
09/03/2004

Sold (Public Record)

Public Record #147789554

$174,000

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

Public Records for 5316 Fair Rain Drive

Taxable ValueLand$70,000Additions$281,714Total$351,714
Tax Record2025$3,087 ($257 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt2,328 SqFtAbove Grade Finished SqFt2,328 SqFtStories2Lot Size3,049 SqFtStyleTownhouseYear Built2003ZoningR-10CountyWAKEAPN1737.05-29-4039 0315270Fireplace TypeHas Fireplace

Schools near 5316 Fair Rain Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Wildwood Forest Elementary
Public - PK to 5
East Millbrook Middle
Public - 6 to 8
Wakefield High
Public - 9 to 12
Wake EC of Information & Biotechnologies
Public - 9 to 12
Rating
School
Distance
Wildwood Forest Elementary
PublicPK to 5

East Millbrook Middle
Public6 to 8

Wakefield High
Public9 to 12

Wake EC of Information & Biotechnologies
Public9 to 12

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 5316 Fair Rain Drive, Raleigh, NC 27616

5316 Fair Rain Drive is a townhouse for sale in Raleigh, NC 27616. This property was listed for sale on April 9, 2026 by Keller Williams Realty, it's currently listed at $350,000. It has been on the market for a total of 0 days and was last sold on November 3, 2016. This listing's school district is Wake County School District. Nearby schools include Wildwood Forest Elementary, East Millbrook Middle and Wakefield High. 5316 Fair Rain Drive is a 3-bed, 3-bath, 2,301 sqft townhouse built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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.