$699,900

5125 Penny Rd Raleigh, NC 27606

$8,311
Closing credit¹
4 beds
3 full
3,074 sqft
2.2 acres
$228 / sqft
House

Property details

About 5125 Penny Rd

This is the rarest kind of opportunity: a home that gives you seclusion and serenity, while keeping you ten minutes from Downtown Raleigh. Yes, you read that right. Welcome to your timeless brick home, nestled on over 2 wooded acres of private, peaceful land — a personal retreat that feels worlds away, yet is close enough to all the vibrancy of the city. This two-story stunner is the perfect balance of classic elegance and warm, livable charm. As soon as you arrive, you'll feel it: the kind of presence only a property like this has — mature trees, a long private driveway, and that unmistakable sense of arrival. Step inside and the details start speaking for themselves. The main level features a pristine living room/office, a private formal dining room with chair rail molding, and rich hardwood floors that flow throughout much of the main floor, complemented by crown molding that elevates every space. At the center of it all? A double-sided brick fireplace that anchors both the family room and the kitchen — warming your mornings and lighting up your evenings, whether you're whipping up dinner or cozying up with a book. And speaking of kitchens — this one delivers. Think granite countertops, tile backsplash, raised panel floor-to-ceiling cabinetry, gas range, and a central island ready for prep, entertaining, or just gathering with the ones you love. A charming bay window in the eat-in area frames gorgeous wooded views — so every meal comes with a side of nature. The main level also offers something every home needs but few deliver: a first-floor guest suite, ideal for extended stays or multi-generational living. Upstairs, the Primary Suite is everything you've hoped for: a generous walk-in closet, and a spa-like En Suite bath with dual vanities and a large walk-in shower wrapped in marble tile. The Bonus Room on the second floor, complete with a wet bar, offers a gorgeous flex space — perfect for a home theater, game room, gym, or a play room. The possibilities are yours to define. Now let's talk about the real magic — the land. Over 2 acres of wooded bliss, completely private, and beautifully quiet. This is the kind of place where you sip your morning coffee in the sunroom, listening to the birds chirping, or wind down with a glass of wine on the large back deck, the forest as your backdrop and peace as your soundtrack. Tranquility. Privacy. Elegance. Proximity. You don't have to choose. This home gives you all of it. So here's your chance to own a slice of the good life — a classic Raleigh abode that brings nature to your doorstep while keeping the city at your fingertips. No City Tax and No HOA fees either! NEW ROOF in 2022 with transferable warranty.

Highlights

Home typeSingle Family Residence
HeatingCentral, Fireplace(s), Forced Air
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size3,074 sqft
Lot size2.23 Acres
Year built1985
ParkingAttached, Concrete, Driveway, Garage Faces Side, Inside Entrance, Open, Paved, Workshop in Garage
MLS #10097829
Attached garage2 spaces
FireplaceFamily Room, Gas Log, Kitchen
ViewForest

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Range Hood, Stainless Steel Appliance(s)
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, Kitchen Island, Pantry, Second Primary Bedroom, Walk-In Closet(s), Walk-In Shower, Wet Bar
  • Fireplace: Family Room, Gas Log, Kitchen
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Attached, Concrete, Driveway, Garage Faces Side, Inside Entrance, Open, Paved, Workshop in Garage
  • View: Forest
  • Exterior: Back Fence, Wood Fence, Deck, Patio, Porch, Fence, Garden, Private Yard, Gutters
  • Architectural Style: Traditional
  • Heating: Central, Fireplace(s), Forced Air
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $699,900
  • Price/SqFt: $227
  • Annual Tax Amount: $3,618
  • Tax Year: 2024
  • Lot: Back Yard, Front Yard, Garden, Landscaped, Many Trees, Private, Secluded, Wooded
  • Directions: From Tryon Road, turn onto Lake Wheeler Road going toward Yates Mill Park. Turn Right onto Penny Road. Home will be on the Left. Home is a wooded lot but pay attention to my Live Raleigh sign.
  • Year Built: 1985
  • Living Area: 3,074 SqFt
  • Lot Size: 2.23 Acres
  • MLS Number: 10097829
  • MLS Name: Doorify MLS
  • Office Name: Live Raleigh LLC
  • Office Phone: (919) 285-6437
  • Office Email: matt@liveraleighrealty.com
  • Listing Agent: Matthew Polinchak

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 8:40:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5125 Penny Rd, Raleigh, NC 27606 - colonial home featuring brick siding, a shingled roof, and driveway

$699,900

5125 Penny Rd

$8,311

closing credit¹

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Price information

Property sales

DateEventPrice
Dec 19, 2023
Home Sold
$680,000

Tax history

YearAssessmentProperty Tax
2024$579,463$3,618
2023$344,232$2,703
2022$344,232$2,506
2021$344,232$2,438
2020$344,232$2,398
2019$288,748$2,186
2018$288,748$2,073

History based on county public records data.

Nearby schools

3

Smith Magnet Elementary School

Public Magnet PK-5

2.1 mi

1101 Maxwell Dr

6

Yates Mill Elementary School

Public District PK-5

2.7 mi

5993 Yates Mill Pond Rd

4

Fuller Magnet Elementary School

Public Magnet PK-5

3.1 mi

2600 Timber Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $104,844. Residents of Raleigh, NC typically earn between $100k-200k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
23%
35k-100k
34%
100k-200k
18%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

24%
Single, No Kids
7%
Single, with Kids
39%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
11%
18-34 yrs old
53%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5125 Penny Rd

The listing price of 5125 Penny Rd property is $699,900.

The property 5125 Penny Rd is a house located in Raleigh, North Carolina, 27606.

Active Listing: 5125 Penny Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5125 Penny Rd are: Smith Magnet Elementary School (GreatSchools Rating 3/10), Yates Mill Elementary School (GreatSchools Rating 6/10), Fuller Magnet Elementary School (GreatSchools Rating 4/10), Centennial Campus Magnet Middle School (GreatSchools Rating 5/10), Dillard Drive Magnet Middle School (GreatSchools Rating 3/10), North Garner Magnet Middle School (GreatSchools Rating 4/10), Longleaf School of the Arts (GreatSchools Rating 5/10), Garner Magnet High School (GreatSchools Rating 4/10), Vernon Malone College and Career Academy (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $3,618 (source: MLS/based on county public records data).

The last sale was on December 19, 2023 for $680,000 (source: MLS/tax record).

The property at 5125 Penny Rd has 4 bedrooms and 3 bathrooms.

The property 5125 Penny Rd is 3,074 SqFt (source: MLS/tax record).

The year of construction for 5125 Penny Rd is 1985.

This home is located at 5125 Penny Rd in Raleigh, NC and zip code 27606 in the Southwinds neighborhood. This 3,074 square foot home, which was built in 1985, sits on a 2.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $699,900.

While more than 113 listings in Raleigh, NC in May 2025 were sold above asking price, there were more than 122 listings sold at asking price, and more than 309 were sold below. Between April and May 2025, Raleigh, NC real estate market has seen increase in the number of listings by 8%. The median list price of listings available in May 2025 was $458,464, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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