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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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516 W Peace St , Raleigh, NC 27603
$1,295,000
Est. Payment: $6,673.40/mo
2 Bed
1 Bath
1708 Sqft
Status: active | Days on site: 0
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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 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.

Highlights

Listed by Amanda Williams , 919-270-7680 Berkshire Hathaway HomeService , 919-782-6641. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.12

Year Built

1908

County

Wake

Neighborhood

615 Peace St

Listing ID

10183887

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator
Air Cond:Central Air,Electric,Gas
Fireplaces:Decorative,See Remarks
Floor:Ceramic Tile,Hardwood
Above Ground Sq Ft:1708
Below Ground Sq Ft:0
Other:Entrance Foyer,High Ceilings,Kitchen Island,Shower Only
Other:Public

Exterior Features

Lot:Front Yard
Zoning:NX-3
Roof:Shingle
Others:Smart Camera(s)/Recording,Covered,Porch,Wrap Around,See Remarks
Sewer:Public Sewer
Parking Features:Alley Access,Open,Paved
Principal Interest
$6,673
Taxes
$395

Home Price

$1,295,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$259,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,673.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,673.40 $395.15 $0.00 $7,068.55
Yearly $80,080.82 $4,741.77 $0.00 $84,822.59
Total $2,402,424.57 $142,253.10 $0.00 $2,544,677.67

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-02T01:24:44.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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