Back 512 Tharps Ln
Off Market

512 Tharps Ln

Raleigh NC 27614

5
6
3
5325 sq. ft.
80586 sq. ft.
Single-Family
Last sold for $1,385,000
Kathy BennettKathy Bennett, last sold this property on 20 February 2026 after 85 days on market.

Overview

NEW PRICING | EXCEPTIONAL WATERFRONT OPPORTUNITY in SWANS MILL OF NORTH RALEIGH. This refined market adjustment creates an even stronger value proposition for buyers seeking a true waterfront lifestyle in North Raleigh. The home reflects extensive, high-quality improvements already completed, allowing future owners to focus primarily on personalization. 1.85-acre retreat offers 5325 sq. ft. of beautifully designed space, 5 bedrooms, 5.5 Bathrooms with an oversized 3 car garage! Blending timeless craftsmanship with thoughtful updates, this custom-built home delivers both luxury and peace of mind. Major upgrades include a new roof in 2019, Sealed crawlspace with dehumidifier, extensive landscaping with new french drainage, updated plumbing, whole house Water filtration system, Reverse Osmosis, irrigation system, 2 HVAC systems replaced 2023-2024, new LIFTMASTER garage door systems, GENERAC generator, GLADIATOR garage shelving, epoxy flooring, CALIFORNIA CLOSET, Extensive Custom Trim and molding, Stained Glass Transom details, updated BALDWIN hinges and doors, new Carpet, fresh paint throughout highlight some of the the home's attention to detail and meticulous care. The heart of the home features the vaulted kitchen with sky lights, huge granite island, double ovens, custom cabinetry, backsplash, under cabinet lighting and 2 pantries an effortless flow for entertaining. Soaring ceilings and walls of windows in the two-story great room flood the home with natural light and frame breathtaking views of the lake. The Sunroom, Dining, living room and a private bedroom with ensuite bathroom complete the main floor. The primary suite is a true sanctuary with a large sitting area with wall of windows with view of the mature landscape, spa-inspired bathroom with large shower, jetted bath, dual vanities and custom California closet. The second floor has an additional 2 large bedrooms each with their own bathroom & walk in closets, spacious Bonus room with wet bar. The 3rd floor offers a private living space including a huge flex space, bedroom and full bathroom- offers unmatched flexibility—ideal for multigenerational living, a guest retreat, or a home-based business. Outdoor living is elevated with a covered Brazilian hardwood deck, cozy Flagstone firepit area, lush landscaping all set against the backdrop of serene lakefront scenery. Conveniently located just minutes from North Hills shopping, dining, and parks, this property offers an unparalleled combination of privacy, luxury, and accessibility-NO CITY TAXES! PROFESSIONALLY MEASURED

Features

5 bedrooms
6 bathrooms
3 carspaces
3 garage spaces
5325 sq. ft. floor area
80586 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Raleigh over the last 12 months, the estimated median property value of 512 Tharps Ln is $1.04m.

Median value
$1.04m
Estimated value range
$487k - $4.4m
Median days on market
19
Estimated value trend
-17%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Raleigh. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 512 Tharps Ln

2026
Sold
$1,385,000
20 Feb 2026 by Kathy Bennett, of Raleigh Realty Inc.
2022
Sold
Undisclosed
22 Nov 2022 by Justin Burleson, of Premier Agents Network
2022
Sold
$1,200,000
22 Nov 2022 by Justin Burleson, of Premier Agents Network

Happy sellers in Raleigh

87%
87% of sellers in Raleigh reported that their sale price either exceeded or met their price expectations.

Raleigh stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Raleigh over the last 12 months.

Local market activity for 5 bedroom single-family properties in Raleigh

In the last 12 months, 79 five-bedroom single-family properties similar to 512 Tharps Ln, have been sold.

This represents a 25% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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