New ListingWelcome to this fairytale cottage in coveted Historic Oakwood! Rich in timeless charm and thoughtfully cared for, this enchanting one-level home sits high above the street, nestled among beautifully landscaped gardens, brick walkways, and tiered garden beds. Inside, you'll find 12-foot ceilings, original heart pine floors, original windows, original transoms, and four original fireplaces, two of which feature gas logs. A classic center-hall design creates an elegant sense of arrival, while custom built-in shelving makes the perfect setting for a home office or cozy reading space. An updated kitchen and bathroom blend modern convenience with the home's historic character. Though approximately 1,460 square feet, this home lives and feels remarkably larger, with gracious proportions and an inviting flow throughout. This two-bedroom, one-bath home is perfect for first-time homebuyers or empty nesters looking to enjoy the best of Historic Oakwood. This move-in-ready gem offers a wonderful opportunity to own a beautifully maintained historic home in an unbeatable location. Stroll to Person Street's popular restaurants, bars, and shops, enjoy the neighborhood favorites of Oakwood, or head downtown Raleigh. The Village District is just a five minute drive, Costco and Wegmans six minute drive, and North Hills is an easy eight-minute drive. A shared driveway provides convenient off street rear parking. Elegant, timeless, and full of character, this is more than a home-it's an opportunity to enjoy the charm, history, and walkable lifestyle that make Oakwood so special. All that's missing is you!
| MLS # | 10202115 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 4 |
| Listing Provided By | Compass -- Raleigh | Gretchen Coley |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,460 |
| Story(s) | 1 |
| Zoning | R-10 |
| Acreage | 0.13 |
| Interior Features | Built-in Features, Entrance Foyer, Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Storage, Walk-in Closet(s), Master Downstairs |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Features | Bedroom, Den |
| Fireplace Yes / No | Yes |
| Laundry Features | Laundry Closet, Inside |
| Exterior Features | Courtyard, Lighting, Private Entrance, Private Yard |
|---|---|
| Roof | Shingle |
| Foundation Details | Crawlspace |
| Lot Features | Back Yard, Landscaped, Private |
| Community Features | Sidewalks, Historical Area |
| Construction Materials | Wood Siding |
| Patio And Porch Features | Covered, Deck, Front Porch, Porch |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Off Street, On Street, Shared Driveway |
| Community Features | Sidewalks, Historical Area |
|---|
| Sewer | Public Sewer |
|---|
| Tax Assessed Value | 703715 |
|---|---|
| Tax Legal Description | 514 E Lane St |
| Tax Year | 2026 |
| Accessibility Features | Enhanced Accessible |
|---|
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27601 |
| Area | Wake |
| Community Name | Historic Oakwood |
| School District | Wake - Needham Broughton High |
| Elementary School | Wake - Conn Elementary |
| High School | Wake - Needham Broughton High |
| Listing VS Median (in Historic Oakwood) | |
Price: $675,000 low | high Med: $799,900 sqft: 1,460 low | high Med: 3,677 $ / sqft: $462 low | high Med: $218 On site: 4 low | high Med: 146 | |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27601 |
| Area | Wake |
| Community Name | Historic Oakwood |
| School District | Wake - Needham Broughton High |
| Elementary School | Wake - Conn Elementary |
| High School | Wake - Needham Broughton High |
| Listing VS Median (in Historic Oakwood) | |
Price: $675,000 low | high Med: $799,900 sqft: 1,460 low | high Med: 3,677 $ / sqft: $462 low | high Med: $218 On site: 4 low | high Med: 146 | |