8016 Penny Road
Raleigh, NC 27606
- 5 beds
- 2 baths
- 2,350 sqft
- ~4 acre lot
- $321 per sqft
- 1954 build
- – on site
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Welcome to 8016 and 8012 Penny Road, Raleigh, NC—a one of a kind property offering exceptional potential for redevelopment or flexible living arrangements. Situated on two gently sloping lots totaling 3.5-acres, this listing includes two single-story homes ready for your imagination. The main home features a classic design with a walkout basement, offering ample space and functionality. Inside, you'll find a family room adorned with traditional paneling, complemented by formal living and dining rooms that provide a welcoming atmosphere for gatherings. The home includes three spacious bedrooms and two full bathrooms. The home also features a walkout basement with an office/bonus room and the laundry area. The second home on the property presents an excellent opportunity for rental income or extended family living. Its single-story layout ensures easy accessibility and comfort. The property also has a sturdy outbuilding. This property is ideally located offering a blend of rural tranquility and urban convenience. Whether you are looking to redevelop, invest, or find a spacious home with rental potential, 8016 and 8012 Penny Road provides a rare opportunity to meet your needs.
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Last updated Apr 7, 2025
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MLS# 10057333 —
The Building
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Year Built:1954
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New Construction:false
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Construction Materials:Block
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Architectural Style:Ranch
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Structure Type:House
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Roof:Shingle
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Foundation Details:Block
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Stories:1
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Levels:One
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Basement:true
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Basement:Block
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Common Walls:No Common Walls
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Door Features:Sliding Doors
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Patio And Porch Features:Front Porch
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Accessibility Features:Accessible Approach with Ramp
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Building Area Total:2350
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Building Area Units:Square Feet
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Above Grade Finished Area:1756
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area:594
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:9
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Interior Features:Bathtub/Shower Combination
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Flooring:Carpet
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Fireplace:false
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Laundry Features:In Basement
Room Dimensions
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Living Area:2350
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Living Area Units:Square Feet
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Living Area Source:Appraiser
Location
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Directions:Lake Wheeler Road to Right on Penny Road--go about 3.8 miles and your home will be on the right.
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Latitude:35.70217
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Longitude:-78.738481
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Coordinates:-78.738481, 35.70217
The Property
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Property Type:Residential
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Lot Features:Back Yard
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Property Subtype:Single Family Residence
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Zoning:R-40W
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Parcel Number:# 0771706474 & 0771706578
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Lot Size Acres:3.5
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Lot Size Area:3.5
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Lot Size SqFt:152460
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Lot Size Units:Acres
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Exterior Features:Private Yard
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Other Structures:Outbuilding
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Road Surface Type:Paved
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View:true
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View:Trees/Woods
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Horse:false
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (919) 669-7993
- Office phone:
- (919) 443-3123
Taxes
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Tax Annual Amount:4694.21
Beds
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Bedrooms Total:5
Baths
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Total Baths:2
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Gas Pack
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electricity Connected
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Sewer:Septic Tank
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Water Source:Shared Well
Appliances
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Appliances:Cooktop
Schools
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Elementary School:Wake - Swift Creek
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Middle Or Junior School:Wake - Dillard
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High School:Wake - Athens Dr
The Community
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Subdivision Name:Swift Creek
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Community Features:None
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Association:false
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Pool Features:None
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Pool Private:false
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Senior Community:false
Parking
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Garage:false
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Attached Garage:false
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Parking Features:Driveway
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Open Parking:true
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Open Parking Spaces:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/5/25
Mar 5, 2025
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Sold | DMLS | $755,000 | -4.4% |
10/18/24
Oct 18, 2024
|
Pending | DMLS | $789,900 | |
10/9/24
Oct 9, 2024
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Listed / Active | DMLS | $789,900 |