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$755,000

  • Sold
  • Closed
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 2,350 Sq. Ft.
  • 3.5 Acres
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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.

Full Property Details for 8016 Penny Rd

General

  • Sold For: $755,000
  • Taxes: $4,694
  • Status: Closed
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10057333
  • Added to Site: 505 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: Bathtub/Shower Combination, Laminate Counters
  • Appliances: Cooktop, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Oven, Range Hood, Refrigerator
  • Flooring: Carpet, Linoleum, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Basement

Exterior

  • Exterior Features: Private Yard, Storage
  • Porch/Patio/Deck: Front Porch, Patio, Side Porch

Parking

  • Parking Features: Driveway, Gravel, Off Street, Outside, Unpaved

Location

  • County: Wake
  • Subdivision: Swift Creek
  • Driving Directions: Lake Wheeler Road to Right on Penny Road--go about 3.8 miles and your home will be on the right.

School Information

  • Elementary School: Wake - Swift Creek
  • Middle School: Wake - Dillard
  • High School: Wake - Athens Dr

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Gas
  • Heating Type: Gas Pack, Natural Gas

Utilities

  • Sewer: Septic Tank
  • Water: Shared Well
  • Utility Description: Electricity Connected, Natural Gas Connected, Septic Connected, Water Connected

Structural Information

  • Architectural Style: Ranch
  • Structure Type: House
  • Exterior Const.: Block, Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Block, Crawl Space, Daylight, Partial, Walk-Out Access
  • Roof: Shingle
  • Common Walls: No Common Walls
  • Drive-In Doors: Sliding Doors, Storm Door(s)
  • Stories/Levels: 1
  • Building Size: 2350
  • Square Feet: 2,350
  • Sq. Ft. Source: Appraiser
  • Finished Above Grnd: 1,756 Sq. Ft.
  • Finished Below Grnd: 594 Sq. Ft.
  • Year Built: 1954

Additional Structures

  • Other Structures: Outbuilding, Shed(s), Workshop

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 3.5
  • Lot Size (Sq. Ft.): 152,460
  • Street/Road Desc.: Paved
  • Lot Features: Back Yard, Many Trees
  • Zoning: R-40W

Financial Considerations

  • Tax Amount: $4,694.21

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: # 0771706474 & 0771706578
  • Lot Number: Attached

Listed by Corcoran DeRonja Real Estate, Frank DeRonja (919) 669-7993 and Corcoran DeRonja Real Estate, Sara DuChon (919) 467-0707
Sold by LPT Realty, LLC, Keith Bliss

Listing agents

— 8016 Penny Rd —

  • Frank DeRonja

    Corcoran DeRonja Real Estate

  • Sara DuChon

    Corcoran DeRonja Real Estate

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 8016 Penny Rd

School District:Wake County Schools
NameGradesDistance
Swift Creek Elementary, Raleigh, NC
5601 Tryon Road, Raleigh, NC 27606
PK-52.9 mi
Dillard Drive Middle
5200 Dillard Drive, Raleigh, NC 27606
6-83.6 mi
Athens Drive High
1420 Athens Drive, Raleigh, NC 27606
9-124.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8016 Penny Rd

Date
Details
Price
Change
Source
3/05/2025
Sold
$755,000
-4.42%
MLS
10/09/2024
Listed
$789,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Corcoran DeRonja Real Estate, Frank DeRonja (919) 669-7993 and Corcoran DeRonja Real Estate, Sara DuChon (919) 467-0707
Sold by LPT Realty, LLC, Keith Bliss

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8016 Penny Road, Raleigh, NC 27606 (MLS# 10057333) is a Single Family property that was sold at $755,000 on March 05, 2025. Want to learn more about 8016 Penny Road? 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.