Back 516 Lakeview Ave
Off Market

516 Lakeview Ave

Wake Forest NC 27587

3
3
4
2078 sq. ft.
9148 sq. ft.
Single-Family
Last sold for $415,000
Stephanie MannStephanie Mann, last sold this property on 14 September 2026 after 39 days on market.

Overview

Welcome home to 516 Lakeview Avenue — a 2,078 sq ft gem offering 3 bedrooms, 2.5 baths, and a huge bonus room with custom built-in bookshelves, all just steps from Downtown Wake Forest. With NO HOA, bring your boat, RV, or trailer, and paint your front door any color your heart desires! Step inside to a thoughtful layout with plenty of space to live and grow. But the real showstopper? The backyard. The sellers have invested over $20,000 transforming this outdoor space into a true retreat, featuring a cozy fire pit area, a hammock spot made for slowing down, and a stunning, professionally curated landscape bursting with color and life. Enjoy an 18x19 patio with a covered section perfect for entertaining rain or shine, plus a back deck for morning coffee or evening unwinding. A graveled dog run keeps furry friends happy without disturbing the gorgeous plantings, and the entire yard is fully fenced for privacy and peace of mind. Gardeners and nature lovers will be smitten with the variety of plantings throughout the property, including canna lilies, gladiolus, daylilies, bearded irises, bee balm, wildflowers, and blue mist flowers that draw in pollinators all season long. The landscape also features silver euonymus, loropetalum, azaleas, gardenias, and even blackberry and raspberry bushes, along with lush hostas, Lenten rose, and coral bells. Mature redbud, dogwood, little gem magnolia, and a juvenile oak add shade and structure to the backyard oasis. Out front, knockout roses, dahlias, daylilies, more hostas, liriope, and purple tradescantia create fantastic curb appeal. Parking is no problem here — a 2-car garage plus an additional driveway parking space means room for up to 5 vehicles. Location is everything, and this home delivers: restaurants, shopping, and grocery stores are all within a one-mile radius, most of them walkable or bikeable. Enjoy small-town charm with big-time convenience. Don't miss this rare opportunity to own a low-maintenance-HOA-free home with a one-of-a-kind outdoor living space in one of Wake Forest's most walkable locations!

Features

3 bedrooms
3 bathrooms
4 carspaces
4 open car spaces
2 garage spaces
2078 sq. ft. floor area
9148 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Wake Forest over the last 12 months, the estimated median property value of 516 Lakeview Ave is $450k.

Median value
$450k
Estimated value range
$130k - $1m
Median days on market
22
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wake Forest. 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 516 Lakeview Ave

2026
Sold
$415,000
14 Sep 2026 by Stephanie Mann
2017
Sold
$242,000
07 Apr 2017 by Shelley Buffaloe, of Carolina's Choice Real Estate
2007
Sold
$206,000
31 Jan 2007 by Peggy Supinski, of Prudential York Simpson Underwood Realty

Happy sellers in Wake Forest

63%
63% of sellers in Wake Forest reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in Wake Forest over the last 12 months.

Local market activity for 3 bedroom single-family properties in Wake Forest

In the last 12 months, 353 three-bedroom single-family properties similar to 516 Lakeview Ave, have been sold.

This represents a 22% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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