LKV Realty
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$535,000
$2,900Reward *
516 Deacon Ridge Street, Wake Forest, NC 27587Listing ID 10183647

516 Deacon Ridge Street, Wake Forest, NC 27587

Active
Deacons Ridge
Time on site: 15 daysLast updated: 4 hours ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Square Feet
Square Feet
3,748
Acres
Acres
0.28
Days on Site
Days on Site
15
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Forced Air
Year Built
Year Built
2003
Stories
Stories
3
Garages
Garages
2
Parking
Parking
Attached, Driveway, Garage Faces Front, Garage

Welcome to 516 Deacon Ridge Drive, located in the established Deacons Ridge subdivision of Wake Forest. This home features a first-floor primary suite, a finished walk-out lower level with a dedicated home theater, and a backyard with mature trees and a seasonal stream, all conveniently located just off NC-98 and only 0.8 miles from the heart of Downtown Wake Forest. A covered wraparound front porch welcomes you inside, where soaring ceilings and hardwood floors create an inviting first impression. The living room features a gas log fireplace and flows into the formal dining room with classic wainscoting, creating distinct spaces that remain connected throughout the main level. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, pantry, and abundant cabinet space. The adjoining breakfast nook is surrounded by three large windows that fill the space with natural light and overlook the backyard. The main-level primary suite includes a walk-in closet and an ensuite bathroom with dual vanities, a soaking tub, and a separate shower. One of the home's standout features is the finished walk-out lower level with new luxury vinyl plank flooring throughout. This versatile space includes a dedicated home theater with a projector and screen that convey with the home, a large recreation room, an additional flex area for hobbies, fitness, a game table, or casual seating, a full bathroom, an oversized walk-in closet, and generous unfinished space for a workshop or additional storage with convenient exterior access. Sliding glass doors lead directly to the covered lower patio, extending the living space outdoors. Upstairs, a freshly painted bonus room with a built-in twin bed and closet offers flexibility as a guest room, home office, or bonus room. Two additional bedrooms, a full bathroom, and a conveniently located laundry room complete the second floor. The upper deck overlooks a backyard with mature trees and a seasonal stream along the rear of the property that flows after periods of rain. The covered patio below provides another outdoor space for relaxing, dining, or spending time with family and friends. Recent improvements include a new roof installed in 2023, one furnace replaced in 2023, one of the home's three air conditioning units replaced in 2023, a gas water heater replaced in 2025, fresh interior paint throughout the first and second floors, freshly painted basement trim and ceilings, and new carpet installed on the stairs, throughout the second floor, and in the primary bedroom. Beyond the home itself, the location is hard to beat. Just 0.8 miles from the heart of Downtown Wake Forest, you'll enjoy quick access to locally owned restaurants, coffee shops, boutiques, parks, and the town's year-round events and festivals. Whether you're meeting friends for dinner, grabbing a morning coffee, or spending an afternoon downtown, it's all just minutes away. Convenient access to NC-98 and other major commuting routes makes getting around the Triangle just as easy. Whether you're looking for room to spread out, dedicated spaces for entertaining, work, or hobbies, or quick access to everything Downtown Wake Forest has to offer, 516 Deacon Ridge Drive brings it all together in one thoughtfully designed home.

Property Information

Property Details

Location

Address
516 Deacon Ridge Street
County
Wake
City
Wake Forest
Zip Code
27587
Subdivision
Deacons Ridge
High School
Wake - Wake Forest High School
Elementary School
Wake - Wake Forest Elementary
Rob ZelemLPT Realty, LLC, (877) 366-2213

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
1
Full Bathrooms
3
Half Bathrooms
1

Building

Building Information

Square Feet
3,748
Year Built
2003
Stories
3
Construction
Brick, Vinyl Siding
Foundation
Concrete Perimeter, Slab, Crawlspace
Roof
Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$5,420
Tax Year
2026

Homeowner Association

HOA Fee
$41
HOA Fee Frequency
Quarterly

Market Report for 27587

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Doorify MLS, Inc.
Doorify MLS, Inc. logo

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

R18195