Stunning Custom Home with Income Opportunity in Raleigh, NC

Are you looking for a beautiful custom built home in Raleigh, North Carolina? Also want to have the flexibility to invest in real estate at the same time? I’ve got something special for you!

213 Georgetown Road is a lovely four-bedroom, three-bathroom home that has been carefully crafted with the modern buyer in mind. Located in the sought-after area in Raleigh of Five Points, 213 Georgetown Road offers all the benefits of city living.

The neighborhood provides easy access to excellent restaurants, grocery stores, entertainment venues, and more. The nearby parks are great places to get some fresh air and enjoy outdoor activities such as picnicking and walking trails. There’s something for everyone here!

The residence itself is spacious but cozy at the same time, featuring an open floor plan for maximum natural light and well-appointed interior spaces. The kitchen has been designed with the gourmet cook in mind, complete with stainless steel appliances, granite countertops and plenty of storage space. And of course, it wouldn’t be complete without a peaceful backyard retreat – perfect for enjoying that morning cup of coffee or hosting a barbecue!

For added convenience, there’s also a two-car garage behind the house that offers an accessory dwelling units (ADU) for added space, or income opportunities. 

An ADU is defined as a second dwelling located on or adjacent to an existing single-family residence. It may be used as a rental unit for short or long-term stays and can also serve as a home office, in-law suite, granny flat, or other creative uses. The City of Raleigh recently approved legislation allowing ADUs to be built and rented out in certain zoning districts – providing an additional source of income for owners.

For many potential renters, these small dwellings provide affordable living options within the city limits – making them especially attractive for families, students, and retirees looking for more affordable alternatives to traditional housing. Additionally, they are often better suited for individuals who prefer smaller spaces and minimal upkeep due to their small size.

Accessory dwelling units present exciting opportunities for both renters seeking affordable living arrangements and property owners searching for additional revenue streams. 

Overall, 213 Georgetown Road provides a great opportunity for those looking for a new gorgeous custom built home, and having the flexibility to invest in real estate giving access to greater economic possibilities through ADUs! 

Make sure you don’t miss out on this dream home today!

213 Georgetown Road, Raleigh, NC 27608 (MLS # 2470031)

(all data current as of 5/2/2024)
Price $1,625,000
Beds 4
Baths 5.5 Baths
Home size 4,127 sqft
Lot Size 9,148 sqft
Days on Market 506
Status Sold
Back on Market! Inspections & BlueTape DONE! Imagine finding THE perfect home that meets all YOUR needs & then finding out it is walkable to Restaurants, Coffee/Doughnut Shop,Nail Salons,Breweries,Movie Theater,Parks & SO MUCH MORE! This Five Points beauty is THAT House! It even has a 2 car GARAGE w/ADDITIONAL Finished Space above (FULL ADU). Hardwoods Thru out (with the exception of Bonus Rm) Covered Front Porch,Private Office,Exercise Rm (or 5th BDRM),Bonus & Walk in Storage.Wonderful Open Flrplan, Designer Finishes & Selections. Kitchen w/Ample Cabinets,Custom Hood,Pot filler,Double Ovens,Walk in Pantry, Built in Fridge,Sep Ice Maker & Beverage Cooler. Owners Suite w/Double Vanity, Claw Foot Tub,Large Walk in Shower.Owner's Closet is a SHOWSTOPPER! Screened Porch of Family Rm w/Additional Fireplace & Built in Heaters in Ceiling.Guest House consists of Covered Porch,Separate Entrance,Kitchenette,Family Rm,Bedrm & Full Bath & 2nd Laundry. Great for Nanny Suite, Add'l Home Office,In-law Suite,Game Rm, AirBNB, etc. Sealed Crawl Space,Spray Foam Insulation,Tankless WH,Hot/Cold exterior spigot, Wireless Speakers.

Property Type(s): Single Family

Last Updated 1/10/2024 Tract Not in a Subdivision
Year Built 2022 Community n/a
Garage Spaces 2.0 County Wake
Total Parking n/a

Price History

Prior to Jan 20, '23 $2,150,000
Jan 20, '23 - Feb 1, '23 $2,100,000
Feb 1, '23 - Jul 10, '23 $1,995,000
Jul 10, '23 - Jul 30, '23 $1,975,000
Jul 30, '23 - Aug 11, '23 $1,875,000
Aug 11, '23 - Aug 21, '23 $1,799,900
Aug 21, '23 - Aug 29, '23 $1,785,000
Aug 29, '23 - Oct 5, '23 $1,750,000
Oct 5, '23 - Nov 18, '23 $1,700,000
Nov 18, '23 - Today $1,675,000

Schools

Elementary School Wake - Underwood
Jr. High School Wake - Oberlin
High School Wake - Broughton

Additional Details

Lot 9148 sq ft Parking Concrete, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front
Sewer Public Sewer Stories 3+
Subdivision Not in a Subdivision Taxes 12604
Utilities Cable Available Water Public
Lot Dimensions See Survey

Features

Air Ceiling Fan(s), Electric, Gas, Zoned
Air Conditioning Yes
Appliances Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker, Range Hood, Refrigerator, Tankless Water Heater
Basement Crawl Space
Construction Fiber Cement
Exterior Rain Gutters
Fireplace Yes
Garage Yes
Heat Electric, Forced Air, Natural Gas, Zoned
Interior Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Pantry, Soaking Tub, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Lot Description Landscaped
Style Craftsman, Traditional, Transitional

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listed with Southern Lux Living

(view all details for MLS #2470031)