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$550,000
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Property Description
Charming, beautifully maintained bungalow just minutes from Downtown Raleigh! This move-in-ready upgraded home blends timeless character with thoughtful modern updates, featuring expansive rooms, soaring 10-foot ceilings, hardwood floors, and tile throughout. The updated kitchen offers granite countertops, stainless steel appliances, ample cabinetry, oversized island, and a functional layout perfect for everyday living and entertaining. The renovated bathroom features a tiled walk-in shower, marble countertop, frameless glass, and stylish finishes, making this home truly turnkey. Step outside to a private backyard retreat complete with professional landscaping, a fully fenced yard with transferrable warranty, spacious patio area, raised garden beds, mature shade trees, and a detached storage shed-ideal for relaxing, entertaining, gardening, or pets. Enjoy rare views of the Downtown Raleigh skyline while being just minutes from Downtown, Dorothea Dix Park, the State Farmers Market, Transfer Co. Food Hall, shopping, dining, greenways, and major commuter routes. Nestled on .23 of an acre. Offering the perfect blend of historic charm, outdoor living, and urban convenience, this is a rare opportunity to own a character-filled home on a generous lot in one of Raleigh's fastest-growing and most desirable areas. Don't miss your chance to enjoy the best of Raleigh living with easy access to everything the city has to offer.
Full Property Details
Full Property Details for 314 Gilbert Ave
General
- Price: $550,000
- Taxes: $5,080
- Status: Active
- Type: Single Family
- Source: 2218
- MLS ID: 10175267
- Updated: 7/21/2026
- Added to Site: 55 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Shower Only, Sound System, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Bedroom, Den, Gas, Wood Burning
- Appliances: Built-In Electric Range, Dishwasher, Electric Cooktop
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Garden, Private Yard, Rain Gutters, Storage
- Porch/Patio/Deck: Covered, Deck, Front Porch, Patio, Porch
Parking
- Carports: Yes
- Carport Spaces: 1
- Parking Features: Carport, Driveway, On Street
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving Directions: From downtown Raleigh: follow South Saunders towards I-40. Right onto Gilbert. Home is on right.
- City Limits: Yes
School Information
- Elementary School: Wake - Farmington Woods Elementary
- Middle School: Wake - Martin Middle
- High School: Wake - Needham Broughton High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Not Available, Natural Gas Not Available, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Bungalow
- Structure Type: Site Built
- Exterior Const.: Cedar
- Roof: Shingle
- Common Walls: No Common Walls
- Stories/Levels: 1
- Building Size: 1348
- Square Feet: 1,348
- Finished Above Grnd: 1,348 Sq. Ft.
- Year Built: 1910
Additional Structures
- Other Structures: Shed(s), Storage
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Fence: Yes
- Lot Features: Back Yard, City Lot, Cleared, Garden, Hardwood Trees, Level, Private
- Zoning: R-6
- Fencing (Description): Back Yard, Fenced, Wood
Financial Considerations
- Tax Amount: $5,080.19
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 170318318714000 0075520
- Lot Number: 231
Listed by EXP Realty LLC, Tyler Chestnutt (919) 889-7791
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Schools
Schools serving 314 Gilbert Ave
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Farmington Woods Elementary 1413 Hampton Valley Road, Cary, NC 27511 | PK-5 | 7 mi |
Martin Middle 1701 Ridge Road, Raleigh, NC 27607 | 6-8 | 4.1 mi |
Needham Broughton High 723 Saint Marys Street, Raleigh, NC 27605 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 314 Gilbert Ave
Date
Details
Price
Change
Source
7/21/2026
Price Reduced
$550,000
-4.35%
MLS
7/10/2026
Price Reduced
$575,000
-2.54%
MLS
6/30/2026
Price Reduced
$590,000
-4.07%
MLS
6/19/2026
Listed
$615,000
113.17%
MLS
9/19/2019
Sold
$288,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 314 Gilbert Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,080
—
$580,230
—
2024
$5,059
54%
$580,230
94%
2023
$3,284
8%
$299,481
—
2022
$3,052
4%
$299,481
—
2021
$2,934
2%
$299,481
—
2020
$2,881
133%
$299,481
186%
2019
$1,235
6%
$104,830
—
2018
$1,165
5%
$104,830
—
2017
$1,111
2%
$104,830
—
2016
$1,088
4%
$104,830
5%
2015
$1,049
5%
$99,395
—
2014
$996
7%
$99,395
—
2013
$931
—
$99,395
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 314 Gilbert Ave
314 Gilbert Avenue, Raleigh, NC 27603 (MLS# 10175267) is a Single Family property with 2 bedrooms and 1 full bathroom. 314 Gilbert Avenue is currently listed for $550,000 and was received on June 19, 2026. Want to learn more about 314 Gilbert Avenue? Do you have questions about finding other Single Family real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

