What's not to love about this 5 bedroom home with its full front porch nestled at the end of a quiet Cul-de-Sac in the awesome Winchester neighborhood. An exceptional opportunity to create value in a highly desirable location! This home is being sold "AS IS" but also presents the perfect chance for buyers to build sweat equity while enjoying the benefits of a neighborhood where homes typically command values in the $184 per sq ft. This Floorplan is awesome for a large family or working professionals that need their own office spaces. This community offers amenities as well as community events! Tennis courts have been resurfaced and now offer 2 pickleball courts and 1 tennis court. The location is prime: minutes from downtown Raleigh, major highways including 440 & 540 , access to RDU the airport, shopping, restaurants and entertainment! The 5th bedroom located on the 3rd floor makes a great location for a home office given its private location, the perfect blend of home and work. There are several areas in the home for gathering; the great room, sunroom, the 4 season room or the large bonus room. The large fenced backyard is wonderful for kids, pets or adults that like to grill and chill. The covered patio with it's firepit as well as the area for a dining table is perfect for outdoor entertaining. living space (2,323 permitted square feet plus approximately 411 additional non-permitted, finished square feet in the 4 season room and the 5th bedroom) and is ideally situated on a quiet cul-de-sac with no through traffic. Fantastic home for the price! Come check out this must see home! This is a short sale. Property is sold as is and seller shall make no repairs.
For sale
$400,000
4500 Rivershyre Way, Raleigh, NC 27616
5beds
2,743sqft
Single Family Residence
Built in 1995
0.28 Acres Lot
$397,500 Zestimate®
$146/sqft
$61/mo HOA
What's special
Full front porchLarge bonus roomLarge fenced backyardGreat room
- 1 day
- 439
- 61
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lora Fillingim-Brown 919-877-8832,
Coldwell Banker HPW
Source: Doorify MLS,MLS#: 10201292
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 180 Square Feet
- Dimensions: 15.0 x 12.0
Bedroom 2
- Level: Second
- Area: 154 Square Feet
- Dimensions: 14.0 x 11.0
Bedroom 3
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11.0 x 10.0
Bedroom 4
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11.0 x 10.0
Bedroom 5
- Level: Third
- Area: 360 Square Feet
- Dimensions: 20.0 x 18.0
Primary bathroom
- Level: Second
- Area: 187.2 Square Feet
- Dimensions: 15.6 x 12.0
Bathroom 2
- Level: Second
- Area: 48 Square Feet
- Dimensions: 8.0 x 6.0
Bonus room
- Level: Second
- Area: 306 Square Feet
- Dimensions: 18.0 x 17.0
Breakfast room
- Level: Main
- Area: 92.4 Square Feet
- Dimensions: 12.0 x 7.7
Dining room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11.0 x 10.0
Other
- Level: Main
- Area: 26.4 Square Feet
- Dimensions: 6.6 x 4.0
Great room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 20.0 x 12.0
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14.0 x 12.0
Other
- Description: Powder Room
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7.0 x 6.0
Other
- Description: Primary Walk in Closet
- Level: Second
- Area: 35 Square Feet
- Dimensions: 7.0 x 5.0
Other
- Description: 4 Season Room/Family Rm
- Level: Main
- Area: 280 Square Feet
- Dimensions: 20.0 x 14.0
Sunroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12.0 x 10.0
Heating
- Central, Fireplace(s), Forced Air, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Dual
Appliances
- Included: Disposal, Dishwasher, Electric Oven, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Free-Standing Range, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Main Level
Features
- Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Eat-in Kitchen, Kitchen Island, Recessed Lighting, Stone Counters, Walk-In Closet(s), Separate Shower, Bathtub/Shower Combination
- Flooring: Carpet, Hardwood, Tile, Wood
- Doors: French Doors
- Windows: Double Pane Windows
- Number of fireplaces: 1
- Fireplace features: Fire Pit, Glass Doors, Gas Log, Great Room, Living Room, Raised Hearth
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,743
- Total interior livable area: 2,743 sqft
- Finished area above ground: 2,743
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Attached, Driveway, Garage Faces Front, Garage, Garage Door Opener
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: Two,Tri-Level
- Stories: 3
- Entry location: side door
- Patio & porch: Covered, Enclosed, Front Porch, Patio, Porch, Wrap Around
- Exterior features: Fire Pit, Garden, Private Yard, Rain Gutters, Storage, Fenced Yard
- Fencing: Back Yard,Fenced
Lot
- Size: 0.28 Acres
- Dimensions: 28 x 165 x 19 x 149 x 109
- Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped
Details
- Additional structures: Garage(s), Pergola, Shed(s)
- Parcel number: 172508999321000 0207238
- Zoning: R-6
- Special conditions: Short Sale
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Masonite, Shake Siding
- Foundation: Brick/Mortar, Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Other, Park, Playground, Pool, Tennis Court(s)
- Security: Smoke Detector(s)
- Subdivision: Winchester
HOA
- Has HOA: Yes
- Amenities included: Cabana, Landscaping, Park, Playground, Pool, Pond Year Round, Tennis Court(s)
- Services included: None
- HOA fee: $183 quarterly
- HOA name: Cedar Management Group
- HOA phone: 919-348-2031
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $407,274
- Annual tax amount: $3,722
- Date on market: 11/2/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$397,500
$378,000 - $417,000
$2,183/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2026 | Listed for sale | $400,000$146/sqft |
Source: | ||
| 9/13/2026 | Listing removed | $400,000$146/sqft |
Source: | ||
| 8/11/2026 | Pending sale | $400,000$146/sqft |
Source: | ||
| 7/22/2026 | Listed for sale | $400,000$146/sqft |
Source: | ||
| 7/8/2026 | Pending sale | $400,000$146/sqft |
Source: | ||
| 6/30/2026 | Price change | $400,000-1.2%$146/sqft |
Source: | ||
| 5/26/2026 | Price change | $405,000-2.4%$148/sqft |
Source: | ||
| 4/18/2026 | Price change | $415,000-1.2%$151/sqft |
Source: | ||
| 3/30/2026 | Listed for sale | $420,000+5.3%$153/sqft |
Source: | ||
| 2/27/2026 | Listing removed | $399,000$145/sqft |
Source: | ||
| 12/24/2025 | Pending sale | $399,000$145/sqft |
Source: | ||
| 12/5/2025 | Price change | $399,000-8.3%$145/sqft |
Source: | ||
| 11/10/2025 | Pending sale | $435,000$159/sqft |
Source: | ||
| 10/29/2025 | Listed for sale | $435,000+68.6%$159/sqft |
Source: | ||
| 3/20/2008 | Sold | $258,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,572 +0.4% | $407,274 |
| 2024 | $3,557 +19.7% | $407,274 +50.4% |
| 2023 | $2,972 +7.6% | $270,780 |
| 2022 | $2,762 +4% | $270,780 |
| 2021 | $2,655 +1.8% | $270,780 |
| 2020 | $2,606 +5.9% | $270,780 +28.5% |
| 2019 | $2,461 | $210,670 |
| 2018 | $2,461 +11.3% | $210,670 |
| 2017 | $2,212 +2.1% | $210,670 |
| 2016 | $2,166 -8.5% | $210,670 -7.1% |
| 2015 | $2,368 +5.4% | $226,746 |
| 2014 | $2,246 | $226,746 |
| 2013 | -- | $226,746 |
| 2012 | -- | $226,746 |
| 2011 | -- | $226,746 |
| 2010 | -- | $226,746 |
| 2009 | -- | $226,746 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Northeast Raleigh
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - River Bend Elementary
- Middle: Wake - River Bend Middle School
- High: Wake - Rolesville High School
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







