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$350,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,301 Sq. Ft.
  • 0.07 Acres
  • 2 Car Garage
  • Updated 3 hours ago
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Welcome to this beautifully maintained 3-bedroom, 2.5-bath townhome in the highly desirable Riverside community--where comfort, convenience, and style come together to truly live like a single-family home! Step inside to find an inviting open floor plan featuring a spacious family room with a cozy gas log fireplace, perfect for relaxing or entertaining. The kitchen is a chef's delight with granite countertops, ample cabinetry, and great flow into the dining area, which is enhanced by elegant crown molding and chair rail details. Upstairs, you'll love the versatile loft space--ideal for a home office, media room, or play area. The generously sized primary suite offers a private retreat with a luxurious bath complete with a garden tub and separate shower. Two additional bedrooms provide plenty of space for family or guests. Enjoy outdoor living with a private patio featuring fencing on both sides for added privacy--perfect for morning coffee or evening gatherings. A rare 2-car garage adds convenience and extra storage. Refrigerator, Washer, and Dryer conveys making this home move-in ready! Newer HVAC (2022) for added peace of mind. Residents of Riverside enjoy fantastic neighborhood amenities including a swimming pool, tennis courts, playground, and clubhouse. Ideally located just minutes from shopping, dining, medical facilities, and the scenic Neuse River Trail, this home offers the perfect blend of lifestyle and location. Don't miss your opportunity to call this exceptional property home!

Full Property Details for 5316 Fair Rain Dr

General

  • Price: $350,000
  • HOA FEE: $270/month
  • Taxes: $3,087
  • Status: Active
  • Type: Townhouse
  • Source: 2218
  • MLS ID: 10158872
  • Updated: Today (4/9/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 6
  • Interior Features: Ceiling Fan(s), Crown Molding, Entrance Foyer, Granite Counters, Pantry, Separate Shower, Soaking Tub, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Laundry Room, Upper Level

Additional Information

  • Shared Amenities: Clubhouse, Maintenance Grounds, Playground, Pool, Tennis Court(s)
  • Pool: Yes
  • Pool Description: Swimming Pool Com/Fee

Exterior

  • Porch/Patio/Deck: Patio, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Front

Location

  • County: Wake
  • Subdivision: Riverside
  • Driving Directions: From Louisburg Rd turn left onto Perry Creek Rd, then turn Right on Clarks Fork Dr, next turn left on Rio Grande Dr, finally turn Right on Fair Rain Dr. Home is on your right.
  • City Limits: Yes

School Information

  • Elementary School: Wake - Wildwood Forest
  • Middle School: Wake - East Millbrook
  • High School: Wake - Wakefield

Community

  • Association: Yes
  • Assoc. Fees Include: Maintenance Grounds, Pest Control

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Forced Air, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: Transitional
  • Structure Type: Townhouse
  • Exterior Const.: Brick, Vinyl Siding
  • Roof: Shingle
  • Stories/Levels: 2
  • Building Size: 2301
  • Square Feet: 2,301
  • Finished Above Grnd: 2,301 Sq. Ft.
  • Year Built: 2003

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049.2
  • Fence: Yes
  • Lot Features: Landscaped
  • Zoning: R-10
  • Fencing (Description): Privacy, Vinyl

Financial Considerations

  • Association Fee: $270
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,087.29

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 1737294039
  • Lot Number: 6

Listed by Keller Williams Realty, Karen Foster (919) 673-9696

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Listing agent

— 5316 Fair Rain Dr —

  • Karen Foster

    Keller Williams Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5316 Fair Rain Dr

School District:Wake County Schools
NameGradesDistance
Wildwood Forest Elementary
8401 Wild Wood Forest Drive, Raleigh, NC 27616
PK-50.3 mi
East Millbrook Middle
3801 Spring Forest Road, Raleigh, NC 27616
6-82.6 mi
Wakefield High
2200 Wakefield Pines Drive, Raleigh, NC 27614
9-126.1 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 5316 Fair Rain Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2026
Listed
$350,000
55.56%
MLS
10/19/2016
Sold
$225,000
—
Public Record
Get Price Alerts and Save Property
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 for 5316 Fair Rain Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,087
—
$351,714
—
2024
$3,075
21%
$351,714
52%
2023
$2,537
8%
$230,896
—
2022
$2,358
4%
$230,896
—
2021
$2,267
2%
$230,896
—
2020
$2,226
3%
$230,896
25%
2019
$2,166
6%
$185,141
—
2018
$2,043
5%
$185,141
—
2017
$1,946
2%
$185,141
—
2016
$1,906
-11%
$185,141
-9%
2015
$2,137
5%
$204,396
—
2014
$2,027
7%
$204,396
—
2013
$1,893
—
$204,396
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Realty, Karen Foster (919) 673-9696

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5316 Fair Rain Drive, Raleigh, NC 27616 (MLS# 10158872) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 5316 Fair Rain Drive is currently listed for $350,000 and was received on April 09, 2026. Want to learn more about 5316 Fair Rain Drive? Do you have questions about finding other Townhouse real estate for sale in Oberlin Village? You can browse all Oberlin Village real estate or contact a Coldwell Banker agent to request more information.

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