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$1,975,000

8016 Penny Rd Raleigh, NC 27606

4 beds
4 full, 1 partial
4,757 sqft
1.9 acres
$415 / sqft
House

Property details

About 8016 Penny Rd

Modern Farmhouse Elegance Meets Southern Charm - Custom Build Opportunity at 8016 Penny Road Introducing a rare opportunity to create your dream estate on a picturesque homesite in South Raleigh. Situated moments from Lake Benson and minutes from downtown Raleigh, 8016 Penny Road offers the ultimate blend of privacy, luxury, and convenience in a serene, natural setting. This custom-designed Modern Farmhouse plan spans over 4,750 square feet of meticulously crafted living space, with thoughtful architectural details that balance timeless sophistication and modern livability. Soaring ceilings, expansive windows, and open-concept living create an airy, light-filled interior perfect for entertaining and everyday living. Key features include: 5 bedrooms, 5.5 bathrooms including a stunning main-level primary suite with spa-like bath and oversized walk-in closet Chef's kitchen with a massive island, walk-in pantry, and seamless flow to the great room and covered outdoor living spaces Dedicated home office, formal dining room, and a flexible guest suite on the main floor Three-car garage with a spacious drop zone and laundry center for elevated functionality Upstairs: a bonus room, media/flex space, and additional en suite bedrooms with walk-in closets Covered front and rear porches, ideal for outdoor dining and relaxing with wooded views This is more than just a home—it's a private sanctuary, with the ability to personalize every detail alongside one of the area's premier custom builders. Whether you're hosting guests or enjoying peaceful evenings at home, this layout supports the lifestyle you've earned. Your luxury countryside retreat awaits—schedule a consultation today to begin your custom build journey.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size4,757 sqft
Lot size1.9 Acres
Year builtNew Const., 2025
MLS #10106520
Attached garage3 spaces

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Architectural Style: Farmhouse, Modern
  • Heating: Central
  • Cooling: Central Air
  • List Price: $1,975,000
  • Price/SqFt: $415
  • Annual Tax Amount: $2,831
  • Tax Year: 2024
  • Directions: USE GPS. I-40 TO LAKE WHEELER RD EXIT. SOUTH ON LAKE WHEELER RD, OVER THE LAKE & RIGHT ON PENNY RD. PROPERTY ON RIGHT.
  • Year Built: 2025
  • Living Area: 4,757 SqFt
  • Lot Size: 1.9 Acres
  • MLS Number: 10106520
  • MLS Name: Doorify MLS
  • Office Name: LPT Realty, LLC
  • Office Phone: (919) 467-0707
  • Listing Agent: Keith Bliss, Gioia Bliss

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: 7/30/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$452,739$2,831
2023$289,747$2,279
2022$289,747$2,112
2021$289,747$2,056
2020$289,747$2,022
2019$247,131$1,874
2018$247,131$1,777

History based on county public records data.

Nearby schools

5

Middle Creek Elementary School

Public District PK-5

2.5 mi

110 Middle Creek Park Ave

6

Yates Mill Elementary School

Public District PK-5

2.5 mi

5993 Yates Mill Pond Rd

4

Oak Grove Elementary School

Public District PK-5

2.7 mi

10401 Penny Rd

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 $103,533. The most common annual income of people living in Raleigh, NC is between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

13%
<35k
35%
35k-100k
35%
100k-200k
17%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

14%
Single, No Kids
4%
Single, with Kids
50%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
11%
12-17 yrs old
11%
18-34 yrs old
55%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • College FootballCollege Football

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • SonicSonic

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • KiaKia

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Raleigh, NC

Raleigh's transportation infrastructure includes an extensive network of buses that connect various parts of the city. While some areas boast high walkability, particularly in downtown and certain residential neighborhoods, others are more car-dependent. The city is also connected by major highways, facilitating travel to neighboring cities and states. Efforts are ongoing to enhance the efficiency and accessibility of the city's transportation system.

The city is served by a robust educational system, including a variety of public and private schools, and is home to several higher education institutions, such as North Carolina State University. Healthcare services are comprehensive, with multiple hospitals and clinics catering to a range of medical needs. Retail and dining options are plentiful, reflecting Raleigh's regional cuisine and fashion, and the city is proactive in adapting services to meet the evolving needs of its residents.

Raleigh is celebrated for its vibrant cultural scene and green spaces. The community prides itself on a blend of urban sophistication and southern charm, with annual events like the International Bluegrass Music Festival highlighting its cultural diversity. The city's character is further defined by its numerous parks and a strong focus on family-friendly activities.

Raleigh's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and colonial architecture. Apartments and condominiums offer alternatives for those seeking urban living, particularly in the downtown area. The city has experienced growth with new housing developments, adding modern amenities to the market.

About 8016 Penny Rd

The listing price of 8016 Penny Rd property is $1,975,000.

The property 8016 Penny Rd is a house located in Raleigh, North Carolina, 27606.

Active Listing: 8016 Penny Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8016 Penny Rd are: Middle Creek Elementary School (GreatSchools Rating 5/10), Yates Mill Elementary School (GreatSchools Rating 6/10), Oak Grove Elementary School (GreatSchools Rating 4/10), West Lake Middle School (GreatSchools Rating 4/10), Dillard Drive Magnet Middle School (GreatSchools Rating 3/10), Connections Academy (GreatSchools Rating 1/10), Middle Creek High School (GreatSchools Rating 7/10), Score Academy (GreatSchools Rating 1/10), Crossroads Flex (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $2,831 (source: MLS/based on county public records data).

The property at 8016 Penny Rd has 4 bedrooms and 4 full and 1 half bathrooms.

The property 8016 Penny Rd is 4,757 SqFt (source: MLS/tax record).

The year of construction for 8016 Penny Rd is 2025.

This home is located at 8016 Penny Rd in Raleigh, NC and zip code 27606. This 4,757 square foot home, which was built in 2025, sits on a 1.90 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $1,975,000.

In June 2025, from all listings sold in Raleigh, NC there were more than 121 sold above asking price, over 299 sold below and more than 126 were sold right at the asked price. The number of listings in Raleigh, NC increased by 2.3% between May and June 2025. The median list price of listings available in June 2025 was $458,689, while the average time on the real estate market was 31 days.

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

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