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Under contract-show
  • Price cut: $10K (6/5)
    $900,000

    517 Raintree Dr, Matthews, NC 28104

    3beds
    3,272sqft
    : 
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    Single Family Residence
    Built in 1979
    2.3 Acres Lot
    $875,300 Zestimate®
    $275/sqft
    $-- HOA

    What's special

    Beautifully renovated homeElevated finishesTwo primary suitesPrivate acreageAbundant workspaceFlexible living spacesExpansive walk-in pantry
    Welcome to a rare blend of luxury, privacy, and versatility in the heart of Matthews. Active on the market as of 6/4/26 (online days-on-market displayed by some third-party sites may be inaccurate due to prior limited exposure marketing). The septic permit is for 3 bedrooms; however, the home offers two additional rooms with closets currently being used as a bedroom and office, providing flexibility for up to 5 bedrooms. Nestled on 2.3 pristine, wooded acres, this beautifully renovated home offers a peaceful retreat while remaining just minutes from Waverly, downtown Matthews, and I-485. Located in the highly sought-after Weddington school district with no HOA, this property presents a rare opportunity to enjoy refined living with exceptional privacy, space, and convenience. The fully remodeled kitchen is the centerpiece of the home, featuring elevated finishes, abundant workspace, and an expansive walk-in pantry. Extensive updates throughout include renovated bathrooms, HVAC (2022), updated plumbing and electrical systems, and a crawl space with vapor barrier—providing comfort and peace of mind for years to come. Designed for flexibility, the home features two primary suites—one on the main level and one upstairs—making it ideal for multi-generational living, long-term guests, or evolving household needs. Thoughtful renovations blend modern functionality with timeless style. Large windows fill the home with natural light and frame tranquil wooded views from nearly every room. Outside, an oversized covered porch creates the perfect setting for entertaining, relaxing, and enjoying the beauty of the surrounding landscape year-round. Car enthusiasts, hobbyists, and those needing additional storage will appreciate the attached two-car garage, plus a separate one-car garage with dedicated workshop space. Private acreage, luxury updates, flexible living spaces, top-rated schools, and no HOA—this is Matthews living at its finest.
    44 days
    |
    1,250
    |
    81
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Adrienne Priest apriest@helenadamsrealty.com,

    Helen Adams Realty,

    Kendra Reich,

    Helen Adams Realty

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4376465MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Primary bedroom
      • Level: Upper
      Bedroom s
      • Level: Upper
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Upper
      Bathroom full
      • Level: Upper
      Bathroom half
      • Level: Main
      Breakfast
      • Level: Main
      Dining room
      • Level: Main
      Great room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Utility room
      • Level: Main
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Electric Range, Exhaust Hood, Microwave
      • Laundry: Laundry Room, Main Level
      Features
      • Walk-In Pantry
      • Flooring: Carpet, Tile, Wood
      • Has basement: No
      • Fireplace features: Living Room, Other - See Remarks
      Interior area
      • Total structure area: 3,272
      • Total interior livable area: 3,272 sqft
      • Finished area above ground: 3,272
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached Garage, Detached Garage, Garage Faces Side, Garage on Main Level
      • Attached garage spaces: 3
      • Details: 2 car attached garage and one car detached (283 sqft) plus workshop (293 sqft) detached building.
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Rear Porch
      Lot
      • Size: 2.3 Acres
      • Features: Wooded
      Details
      • Additional structures: Workshop
      • Parcel number: 07150029A
      • Zoning: AP4
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Tudor
      • Property subtype: Single Family Residence
      Materials
      • Brick Full, Stucco, Wood
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1979

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: County Water

      Community & HOA

      Community
      • Subdivision: Rain Forest
      Location
      • Region: Matthews

      Financial & listing details

      • Price per square foot: $275/sqft
      • Tax assessed value: $698,200
      • Annual tax amount: $4,607
      • Date on market: 5/8/2026
      • Cumulative days on market: 17 days
      • Listing terms: Cash,Conventional,VA Loan
      • Exclusions: greenhouse and antlers
      • Road surface type: Gravel, Concrete
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        Estimated market value

        $875,300

        $832,000 - $919,000

        $4,048/mo

        Price history

        DateEventPrice
        6/5/2026Price change$900,000-1.1%$275/sqft
        Source: Canopy MLS as distributed by MLS GRID #4376465 Report a problem
        6/4/2026Listed for sale$910,000+45.7%$278/sqft
        Source: Canopy MLS as distributed by MLS GRID #4376465 Report a problem
        7/29/2022Sold$624,400-1.3%$191/sqft
        Source: Canopy MLS as distributed by MLS GRID #3856331 Report a problem
        6/7/2022Pending sale$632,900$193/sqft
        Source: Canopy MLS as distributed by MLS GRID #3856331 Report a problem
        5/27/2022Price change$632,900-1.6%$193/sqft
        Source: Canopy MLS as distributed by MLS GRID #3856331 Report a problem
        5/19/2022Listed for sale$643,000$197/sqft
        Source: Canopy MLS as distributed by MLS GRID #3856331 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,607 +54.4%$698,200 +97.6%
        2024$2,984 +0.7%$353,300
        2023$2,963 +0.2%$353,300 +0.3%
        2022$2,956 +0.1%$352,400
        2021$2,954 -26.5%$352,400 -13.5%
        2020$4,019 +0.5%$407,500
        2019$4,000 +25.7%$407,500
        2018$3,183 $407,500
        2017$3,183 -4.4%$407,500
        2016$3,328 $407,500
        2015$3,328 +27.3%$407,500 +10.3%
        2014$2,615 $369,510
        2013-- $369,510
        2012-- $369,510
        2011-- $369,510
        2010-- $369,510
        2009$2,607 $369,510
        2008$2,607 +28.8%$369,510 +34.6%
        2007$2,024 +8.3%$274,520
        2006$1,870 $274,520
        2005-- $274,520
        2004-- $274,520 -0.2%
        2003-- $274,980
        2002-- $274,980
        2001-- $274,980
        2000-- $274,980

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 28104

          Getting around

          1 / 100
          Car-Dependent
          15 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Antioch
          • Middle: Weddington
          • High: Weddington

          Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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