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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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506 Shropshire Ct , Wake Forest, NC 27587
$509,000
Est. Payment: $2,622.98/mo
4 Bed
3 Bath
2208 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

A Rare Opportunity to Enjoy Acreage Without Leaving Town It's not often you find the privacy of a 1.2-acre homesite with a fenced backyard and no HOA while enjoying all the conveniences of living in the heart of Wake Forest. Nestled on a quiet cul-de-sac and backing directly to the Olde Mill Stream section of Richland Creek Greenway, this 4-bedroom, 2.5-bath home offers a lifestyle that's becoming increasingly hard to find—peaceful, private, and surrounded by nature, with no future development behind you. Better yet, Joyner Park is just a short walk away, making it easy to enjoy miles of trails, open green space, and community events. Inside, thoughtful updates and a functional floor plan make everyday living effortless. Beautiful, engineered hardwood floors (2024) flow throughout the main living areas, while the inviting living room features a gas log fireplace, soaring vaulted ceiling, and skylights that fill the space with natural light—creating the perfect setting for cozy evenings and everyday relaxation. The main-level primary suite provides a private retreat with a spacious walk-in closet and a spa-like bath featuring a soaking tub and separate walk-in shower. The well-appointed kitchen is designed for gathering, complete with premium maple cabinetry featuring soft-close doors and drawers and a high-end gas range. A flexible fourth bedroom on the second floor offers endless possibilities as a home office, media room, playroom, or guest bedroom. Step outside and discover why this property is truly special. The fenced backyard offers the perfect blend of space and security for children, pets, and outdoor enjoyment while preserving the property's peaceful setting. Enjoy morning coffee in the sunroom, unwind on the screened porch overlooking protected greenway views, host family and friends on the spacious deck, or spend evenings around the fire pit under the stars. The expansive yard provides room to roam while maintaining the privacy that's nearly impossible to find within town limits. Recent improvements—including brand-new vinyl double-hung windows (2025), fresh exterior paint (2024), engineered hardwood flooring (2024), and dual-zone HVAC—offer both modern comfort and lasting value. Rarely does a property offer over an acre of land within Wake Forest town limits, a fenced backyard, no HOA, direct greenway frontage, walkability to Joyner Park, and the convenience of nearby shopping, dining, and top amenities. This is more than a beautiful home—it's a unique opportunity to enjoy the space, privacy, and lifestyle that only a property like this can provide.

Highlights

Listed by Terry McDonald , 919-342-5230 Flat Fee Realty LLC , 919-342-5230. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
1.21

Year Built

1996

County

Wake

Neighborhood

Olde Mill Stream

Listing ID

10183684

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Gas Range
Air Cond:Central Air
Fireplaces:Gas Log
Floor:Carpet,FSC or SFI Certified Source Hardwood
Above Ground Sq Ft:2208
Below Ground Sq Ft:0
Other:Public

Exterior Features

Lot:Cul-De-Sac,Wooded
Zoning:GR3
Roof:Shingle
Others:Deck,Front Porch,Glass Enclosed,Rear Porch
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$2,623
Taxes
$362

Home Price

$509,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$101,800
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:
$2,622.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,622.98 $362.32 $0.00 $2,985.30
Yearly $31,475.78 $4,347.82 $0.00 $35,823.60
Total $944,273.44 $130,434.60 $0.00 $1,074,708.04

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 (Wake Forest, 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: 2026-08-01T17:23:47.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina