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  • $872,000

    517 Raintree Dr, Matthews, NC 28104

    3beds
    3,272sqft
    Single Family Residence
    Built in 1979
    2.3 Acres Lot
    $871,600 Zestimate®
    $267/sqft
    $3,938 Estimated rent

    Home value

    $871,600

    $828,000 - $915,000

    $3,938/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adrienne Priest apriest@helenadamsrealty.com,

    Helen Adams Realty

    Bought with:

    Non Member

    Canopy Administration

    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: $267/sqft
    • Tax assessed value: $698,200
    • Annual tax amount: $4,607
    • Date on market: 5/8/2026
    • Cumulative days on market: 11 days
    • Listing terms: Cash,Conventional,VA Loan
    • Exclusions: greenhouse and antlers
    • Road surface type: Gravel, Concrete

    Price history

    DateEventPrice
    7/10/2026Sold$872,000-3.1%$267/sqft
    Source: Canopy MLS as distributed by MLS GRID #4376465 Report a problem
    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

    Neighborhood: 28104

    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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    Estimated market value
    $871,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $871,600