Wake County Homes under $500,000

Welcome to Wake County, North Carolina – a vibrant and welcoming community that perfectly balances the charm of suburban living with the excitement of urban amenities. Nestled in the heart of the Research Triangle, Wake County is not just known for its picturesque landscapes and rich history; it’s also a thriving hub for education, technology, and culture. With cities like Raleigh, Cary, and Apex, residents enjoy a diverse range of activities, from world-class dining and shopping to beautiful parks and recreational options.

For those seeking a place to call home, Wake County offers an impressive selection of homes priced under $500,000. This affordability opens the door to a variety of options, whether you’re a first-time homebuyer, a growing family, or looking to downsize. Imagine settling into a charming single-family home in a friendly neighborhood, or perhaps a modern townhouse with easy access to local amenities. The real estate market here is dynamic, with properties that boast contemporary designs, spacious layouts, and beautiful outdoor spaces – perfect for family gatherings or quiet evenings under the stars.

Living in Wake County means you’re never far from top-rated schools, bustling farmers' markets, and cultural events that celebrate the community's rich heritage. With its friendly atmosphere, excellent quality of life, and homes that fit every budget, Wake County is truly a place where you can thrive. Come explore the possibilities and find your dream home in this enchanting corner of North Carolina!

Newest Wake County Homes under $500,000

$499,900

3 Baths ⋅ 100608064 MLS ⋅ ACTIVE Status ⋅ 2,384 SqFt. ⋅ 2003 Year Built

Welcome to this 3 bedroom home on over a 1/2 acre that is full of character! Step inside to the spacious living room with vaulted ceilings, a fireplace and hardwood flooring through the first and second floor main areas. The kitchen offers stainless steel appliances and ample work space while the dining room features admirable trim work of chair railing and wainscoting. Having the highly sought after main level large primary bedroom with a walk-in closet along with two additional bedrooms and 2 full bathrooms also on the main floor. Upstairs you'll discover a huge bonus room great for entertaining, featuring a wet bar. Also upstairs is another flex room and office along with another full bathroom. Enjoy the peaceful setting on the large back deck area for you to create your own oasis of enjoyment with woods surrounding the backyard giving you seclusion. Also near the back deck is a concrete pad with wiring previously used for a hot tub. Conveniently located less than 10 minutes from Fuquay Varina with shopping and dining. Come see this home today to make it your own!

1641 Balkan Rd, Fuquay Varina

$374,000

3 Beds ⋅ 3 Baths ⋅ 100607710 MLS ⋅ ACTIVE Status ⋅ 1,693 SqFt. ⋅ 2001 Year Built

Welcome home to 8203 Shadow Stone Court! Tucked away in a peaceful, tree-lined cul-de-sac within NW Raleigh's highly desirable Cornerstone Park, this charming home is priced aggressively below county tax value--offering a rare, immediate equity opportunity you won't want to pass up. Designed for easy living and total peace of mind, major updates have already been taken care of for you! NEW roof, NEW luxury vinyl plank (LVP) flooring throughout the ENTIRE home--100% carpet-free! The light-filled, open layout invites you in with a cozy fireplace and a delightfully updated kitchen featuring NEW countertops, a NEW farmhouse sink, a NEW dishwasher, and sleek stainless steel appliances. Upstairs, unwind in your serene primary suite complete with elegant tray ceilings and a private en-suite bath. To help you truly make this space your own, the seller is offering a credit at closing, allowing you to choose your very own custom paint colors before move-in day! Step outside to relax in your private backyard setting or take advantage of fantastic community amenities, including the neighborhood pool and clubhouse. All of this is located just minutes from I-540, top-rated schools, local dining, and scenic greenway trails. With major updates completed, zero carpet, and a price point well below assessment, this home is priced to sell fast. Don't wait--schedule your tour today and lock in instant NW Raleigh equity before it's gone!

8203 Shadow Stone Ct, Raleigh

$319,900

2 Beds ⋅ 2 Baths ⋅ 100607097 MLS ⋅ ACTIVE Status ⋅ 1,233 SqFt. ⋅ 1985 Year Built

Prime North Raleigh location! This charming 2-bedroom, 2-bath townhome in desirable Wycombe Manor features a NEW ROOF IN 2024! Beautiful solid Southern Red Oak hardwood flooring flows throughout the home. Spacious vaulted Great Room features a cozy fireplace and opens to the dining area. Kitchen offers granite counters, stainless steel appliances, elegant tile backsplash, and pantry. Spacious owner's retreat features a large walk-in closet, while the second bedroom offers hardwood flooring and a nice-sized closet. Enjoy outdoor living on the rear deck with durable TREX decking, plus convenient attached storage. Situated on a corner lot, this home offers easy living with wonderful community amenities. HOA includes access to a large community pool with two diving boards, lifeguards, snack shack, and waterslide, as well as tennis courts and clubhouse. Conveniently located within walking distance to shopping, restaurants, and everyday conveniences! Don't miss this one!

8407 Wycombe Ln, Raleigh

$375,000

2 Baths ⋅ 100604161 MLS ⋅ ACTIVE Status ⋅ 1,085 SqFt. ⋅ 1968 Year Built

Amazing views of downtown Raleigh from this lot in Caraleigh Mills! Investors and Developers, this is the one!! With a cemetary across the street, no other homes can go up to impede the amazing view a home has from this lot of downtown Raleigh. Current home can be rehabbed, but with larger homes selling in the neighborhood and right beside it, it's time to take advantage of all this lot has to offer. Current home is habitable, but the value is in the lot.

149 Prospect Ave, Raleigh

$439,900

3 Beds ⋅ 2 Baths ⋅ 100603845 MLS ⋅ ACTIVE Status ⋅ 1,325 SqFt. ⋅ 1949 Year Built

Beautifully updated, and full of character, this inviting Raleigh ranch is the kind of home that feels special the moment you walk through the door. Gleaming original hardwood floors, fresh neutral paint, abundant natural light, and thoughtful updates create a warm and welcoming atmosphere throughout. The spacious living area opens naturally to the updated kitchen, featuring crisp white cabinetry, granite countertops, stainless steel appliances, and plenty of room to gather with family and friends. Comfortable bedrooms offer generous natural light and beautiful hardwood flooring, while the primary suite provides a private space to unwind. Outside, the fenced backyard offers a peaceful setting with mature trees and plenty of room for outdoor entertaining, gardening, or simply enjoying your own private retreat. With its blend of timeless character and modern updates, 2111 Milburnie offers a wonderful opportunity to enjoy a beautifully refreshed home in one of Raleigh's established neighborhoods.

2111 Milburnie Rd, Raleigh

$375,000

2 Beds ⋅ 3 Baths ⋅ 100603149 MLS ⋅ ACTIVE Status ⋅ 1,560 SqFt. ⋅ 2024 Year Built

Experience the best of new construction without the wait! Built in 2024 and thoughtfully enhanced with desirable upgrades, 1344 Barreto Drive offers the rare combination of modern construction, move-in-ready convenience, and an exceptional community lifestyle. Located in Wendell Falls, one of the Raleigh area's most sought-after master-planned communities, this home is just a short walk from the community pool and surrounded by an incredible collection of amenities, shops, dining, recreation, and everyday conveniences. Step inside and you'll immediately appreciate the open-concept floor plan, abundant natural light, and numerous oversized windows that create a bright and inviting living space. Custom details throughout the home add character and warmth, including a custom transom window features at the front of the home, a beautiful custom dining room light fixture, and a cozy office nook finished with custom red oak wood--the perfect spot for working from home, studying, or creating a dedicated workspace. One of the home's standout features is its two primary suites, offering exceptional flexibility for homeowners, guests, multigenerational living, or simply having an additional private retreat. The main primary suite is especially impressive, featuring two large walk-in closets and a comfortable layout designed for everyday living. The home also offers the convenience of a new washer and dryer and a new refrigerator, meaning many of the major household essentials are already in place. Outside, enjoy the charm of a large, stained front porch, creating the perfect spot to unwind with a morning coffee or enjoy an evening happy hour. The backyard is intentionally manageable, with a small grassy yard and detached garage providing the perfect balance of outdoor space and low-maintenance living. There is also plenty of opportunity to make the space your own, with room to add a future patio or additional outdoor entertaining area. Whether you're purchasing your first home, downsizing, relocating to the Raleigh area, or simply looking for a modern home in a community where there is always something to do, 1344 Barreto Drive offers an exceptional opportunity to get into a nearly new home with the upgrades, conveniences, and lifestyle already in place. Located in East Raleigh/Wendell, Wendell Falls offers much more than a neighborhood--it offers an entire lifestyle. This vibrant, master-planned community combines the comfort of a thoughtfully designed residential neighborhood with the convenience of shops, restaurants, recreation, fitness, and everyday services right outside your door. Residents enjoy two community pools, including a zero-entry saltwater pool with a waterslide, splash area, lounge spaces, and lap lanes, along with the Perch Pool & Playground. The community also features a 24/7 fitness center at The Farmhouse, a community gathering space, Farmhouse Café, numerous parks and playgrounds, and more than 10 miles of hiking and mountain bike trails winding throughout the neighborhood. And when it comes to everyday convenience, it's hard to beat the location. Treelight Square and the surrounding Wendell Falls commercial district offer an impressive selection of shopping, dining, coffee, groceries, medical care, dental care, fitness, and services--all within the community. For those who love an active lifestyle, Wendell Falls makes it easy to get outside without getting in the car. Enjoy miles of trails, multiple parks, playgrounds, gathering spaces, fire pits, outdoor fitness areas, and community events. The neighborhood's trail system alone offers more than 10 miles for walking, running, and biking. At 1344 Barreto Drive, you're not simply buying a home--you're gaining access to a connected, convenient, and vibrant way of life. Come see why this beautifully maintained 2024 home and the Wendell Falls lifestyle make such a compelling combination!

1344 Barreto Dr, Wendell

$489,000

3 Beds ⋅ 3 Baths ⋅ 100602030 MLS ⋅ ACTIVE Status ⋅ 2,521 SqFt. ⋅ 2004 Year Built

Main-Level Primary Bedroom + In-Ground Pool + 1.16 Acres! Welcome to 7113 Volterra Court, a spacious 3-bedroom, 3-bath with a bonus room home offering approximately 2,521 square feet in the Tuscan Ridge neighborhood of Wendell. Tucked away on a quiet cul-de-sac, this home offers a great combination of space, privacy, and outdoor living. The thoughtfully designed floor plan features the primary bedroom conveniently located on the main level and comfortable living spaces centered around a cozy fireplace. A spacious bonus room adds flexibility and is perfect for a home office, media room, playroom, hobby space, or guest retreat. Three full bathrooms and a 2-car garage add to the home's functionality. Step outside to your own backyard retreat! The in-ground pool is ready for hot North Carolina summers, weekend cookouts, entertaining, or simply relaxing poolside. With 1.16 acres, there's plenty of room beyond the pool to enjoy the outdoors and a little extra breathing room. With a main-level primary, bonus room, fireplace, 2-car garage, in-ground pool, generous lot, and cul-de-sac setting, 7113 Volterra Court has the space and features that are hard to find all in one property. Come see what makes this Tuscan Ridge home such a special place to call home!

7113 Volterra Ct, Wendell

$475,000

3 Beds ⋅ 3 Baths ⋅ 100601830 MLS ⋅ ACTIVE Status ⋅ 2,854 SqFt. ⋅ 2023 Year Built

VALUE, SPACE & POTENTIAL! If you're looking for an opportunity to purchase more home for your money and have flexibility with your closing timeline, 821 Challenger Lane deserves a closer look. This spacious 2,854-square-foot home offers a first-floor primary suite, three additional bedrooms, and a generous loft upstairs--providing plenty of room to spread out, work from home, entertain, or create spaces that fit your lifestyle. With some TLC and personal touches, this home offers an exciting opportunity for a buyer to add value and potentially build equity over time. Conveniently located near shopping, dining, schools, and everyday amenities. This is a SHORT SALE and is being sold AS-IS. Seller will make no repairs. Short sale approval is required, so buyers should be prepared for a potentially longer closing timeline. For buyers who aren't in a rush and recognize the potential in a property that needs a little attention, the wait could be well worth it. Don't overlook the opportunity at 821 Challenger Lane--schedule your showing and see the possibilities for yourself!

821 Challenger Ln, Knightdale

$190,000

2 Beds ⋅ 2 Baths ⋅ 100601184 MLS ⋅ ACTIVE Status ⋅ 911 SqFt. ⋅ 1987 Year Built ⋅ Richland Run BLDG.

Top floor condo just waiting for your own personal touches! Make this condominium conveniently located to the Lenovo Center, Carter-Finley stadium, and so many restaurants and shopping that Raleigh has to offer! This home opens to a cozy Living room with a Gas log fireplace and sliding glass doors that lead to the covered balcony overlooking woods with plenty of privacy. The balcony also provides another access to the ground level and the units storage room. The primary bedroom is privately located with it's own bathroom. The second bedroom can also be opened to the Living room to use as an office or den if so desired and shares the 1/2 bath for guests as well. Check out this charming condo and be ready to bring your imagination to life!

4621 Timbermill Ct Unit 304, Raleigh

$369,900

3 Beds ⋅ 2 Baths ⋅ 100599288 MLS ⋅ ACTIVE Status ⋅ 1,560 SqFt. ⋅ 2000 Year Built

Enjoy the ease of one-level living with room to spread out on a spacious 0.71-acre lot in this inviting 3-bedroom, 2-bath home. Inside, the vaulted living room creates an open, airy setting for everyday relaxation and gathering, while the split-bedroom floor plan provides comfortable separation between the primary suite and secondary bedrooms. The back deck extends daily living outdoors with space for morning coffee, grilling, outdoor dining, or simply taking in the generous yard. An attached two-car garage provides convenient parking and storage, while a separate storage shed offers additional space for lawn equipment, tools, and outdoor essentials. Several practical improvements have already been completed, including replacement windows, gutter guards, an encapsulated crawl space, a roof replaced in 2021, and an HVAC system replaced in 2024. Convenient access to shopping, dining, and everyday essentials rounds out a home that blends a functional floor plan, useful storage, ample outdoor space, and thoughtful updates for comfortable everyday living. A $3000 credit is offered by a preferred lender - Crystal Vroman from Alta Home Lending.

1101 Tyler Farms Dr, Raleigh

$500,000

5 Beds ⋅ 3 Baths ⋅ 100597968 MLS ⋅ ACTIVE Status ⋅ 2,874 SqFt. ⋅ 2005 Year Built

Welcome to this beautiful move-in-ready home in the sought-after Northampton community! This inviting property offers a wonderful opportunity to enjoy comfortable living in a desirable Wake Forest location. With a functional layout offering an open concept perfect for entertaining, an eat-in kitchen with a peninsula for bar stool seating, plus a formal dining room allows for multiple dining options. The gorgeous kitchen boasts ample cabinets and granite countertops. This home offers 5 bedrooms plus, office space and a bonus area allowing room for everyone and everything. Add in the hardwood floors, garage, back deck, and a corner lot in an amenity-filled community with a pool, playground, and picnic area, and you have the perfect home. This home is conveniently located near shopping, dining, parks, minutes to Jones Dairy Elementary school and everyday amenities.

5997 Jones Farm Rd, Wake Forest

$449,000

4 Beds ⋅ 3 Baths ⋅ 100595192 MLS ⋅ ACTIVE Status ⋅ 2,285 SqFt. ⋅ 1995 Year Built

Welcome to 608 Marsh Grass Dr, a beautifully updated 4-bedroom, 2.5-bath home offering stunning lake views in the desirable Village Lakes community. Step inside to an impressive two-story foyer, spacious living room with vaulted ceilings, and an open-concept kitchen featuring marble countertops and backsplash. Enjoy peaceful water views from the breakfast area or relax on the back deck overlooking the lake. The spacious primary suite features vaulted ceilings, walk-in closets, dual vanities, soaking tub and walk-in shower. Community amenities include a pool, tennis courts and playground, with convenient access to I-440, I-540 and US-64. A beautiful combination of style, space and waterfront living!

608 Marsh Grass Dr, Raleigh

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