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516 W Peace Street, Raleigh, NC 27603 ACTIVE 1 of 18 516 W Peace Street, Raleigh, NC 27603 — photo 2 516 W Peace Street, Raleigh, NC 27603 — photo 3 516 W Peace Street, Raleigh, NC 27603 — photo 4 516 W Peace Street, Raleigh, NC 27603 — photo 5
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Active
$1,195,000 Est. $8,234/mo — Get pre-qualified
2beds 1baths 1,708sq ft 0.12acres

516 W Peace Street · Raleigh, NC 27603

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Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen. Two bedrooms and one full bath complete the thoughtfully designed floor plan. Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear parking area with convenient side alley access to a quiet neighborhood street. The home is in very good condition and has been updated with a new HVAC system and a newer hot water heater, providing peace of mind while preserving its classic character. Currently zoned NX-3 for Neighborhood Business, this versatile property offers exceptional flexibility. Continue to enjoy it as a charming residence or explore the many possibilities for a neighborhood business. A unique opportunity to own a property with historic charm, modern conveniences, and outstanding potential. Price Reduction!

Features & Amenities

Living Area1,708 Sq.Ft.
Bedrooms2
Baths1
CoolingCentral Air, Electric, Gas
FlooringCeramic Tile, Hardwood
FireplaceDecorative,See Remarks
AppliancesDishwasher, Free-Standing Electric Range, Free-Standing Refrigerator
Interior FeaturesEntrance Foyer, High Ceilings, Kitchen Island, Shower Only
LaundryLaundry Room
Virtual TourOpen Virtual Tour
Exterior FeaturesSmart Camera(s)/Recording
StyleTraditional
Year Built1908
ConstructionWood Siding
RoofShingle
FoundationBrick/Mortar
ParkingAlley Access, Open, Paved
StatusActive
Lot Size0.12 Acres
Lot FeaturesFront Yard
SubdivisionNot in a Subdivision
CountyWake
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedAug 19, 2026
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water SourcePublic
HOANo
Community FeaturesSidewalks
ElementaryWake - Wiley Elementary Elementary School
MiddleWake - Oberlin Middle Middle School
HighWake - Needham Broughton High High School
Presented By: Berkshire Hathaway HomeService; player.murray@bhhsysu.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Aug 19, 2026 Price Reduced $1,295,000 → $1,195,000 ▾ $100,000 (7.7%)

Monthly Cost Estimate

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