For Sale

Listed by Rob Zelem and Donna Burnette

Source: Triangle MLS, Inc. #10183647

516 Deacon Ridge Street, Wake Forest, NC, 27587

$525,000

4
4
4
3748 sq. ft.
12197 sq. ft.

SingleFam

•

30+ days on the market

What's around 516 Deacon Ridge Street

About this property

FINISHED WALK-OUT BASEMENT WITH HOME THEATER/FLEX SPACE, FULL BATH, WORKSHOP/STORAGE WITH EXTERIOR ENTRY, FIRST-FLOOR PRIMARY BEDROOM WITH CUSTOM CLOSET, JUST 0.8 MILES FROM THE HEART OF DOWNTOWN WAKE FOREST! Welcome to 516 Deacon Ridge Street in the established Deacons Ridge subdivision of Wake Forest, where flexible living space, thoughtful updates, and a wooded backyard setting come together just off NC-98. Recent improvements include a new roof in 2023, one furnace replaced in 2023, one of the home's three A/C units replaced in 2023, a gas water heater replaced in 2025, a smart thermostat, fresh interior paint, freshly painted basement trim and ceilings, and new carpet in the primary bedroom, on the stairs, and throughout the second floor. A covered wraparound front porch opens to a main level with soaring ceilings and hardwood floors. The living room centers around a gas log fireplace and flows into a formal dining room with classic wainscoting. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, pantry, and abundant cabinetry. Three large windows surround the adjoining breakfast nook, filling the space with natural light and overlooking the backyard. The first-floor primary bedroom features a custom walk-in closet and ensuite bathroom with dual vanities, soaking tub, and separate shower. The finished walk-out basement adds substantial usable space with new luxury vinyl plank flooring, a large recreation area, dedicated home theater/flex room, additional flex space, full bathroom, oversized walk-in closet, and generous unfinished workshop/storage space with a dedicated electrical circuit and exterior entry. The home theater projector, screen, and speakers convey with the home. Sliding glass doors provide direct access to the covered lower patio. Upstairs, a freshly painted bonus room with a built-in twin-size bed and closet provides additional flexible space for guests, work, hobbies, or everyday use. Two additional bedrooms, a full bathroom, and a conveniently located laundry room complete the second floor. Outdoor living extends from the private upper deck to the covered lower patio, both overlooking a gently sloping backyard framed by mature trees and a seasonal stream along the rear of the property. The yard offers usable space for gardening, outdoor dining or additional entertaining areas, allowing you to enjoy both the natural setting and functional outdoor space. The home also offers low HOA dues and a location approximately 0.8 miles from the heart of Downtown Wake Forest, providing convenient access to locally owned restaurants, coffee shops, boutiques, parks, and community events. With NC-98 nearby, the property is also well positioned for access to Raleigh and destinations throughout the Triangle. With a first-floor primary bedroom, finished walk-out basement with full bath, dedicated home theater, workshop/storage space, flexible bonus areas, multiple outdoor living spaces, recent major-system improvements, and close proximity to Downtown Wake Forest, 516 Deacon Ridge Street brings together space, versatility, updates, and location in one Wake Forest home.

Looking for more information on 516 Deacon Ridge Street?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$1,199,000
2132 Lowery Estates Drive
Wake Forest NC 27587
4
5
3
Single-Family
Listing courtesy of Homes by Dickerson Real Estate
For Sale
$699,000
952 Jones Wynd
Wake Forest NC 27587
4
3
6
Single-Family
Listing courtesy of Compass -- Raleigh
For Sale
$625,000
1617 Heritage Links Dr
Wake Forest NC 27587
4
3
2
Single-Family
Listing courtesy of Treeline Properties & Realty

Other properties for sale by LPT Realty, LLC

For Sale
$599,000
251 Paschal Road
Yanceyville NC 27379
3
3
8
Single-Family
Listing courtesy of LPT Realty, LLC
For Sale
$54,900
West Houston Street
Giddings TX 78942
Land
Listing courtesy of LPT Realty, LLC
For Sale
$265,000
8627 Vacek Crossing Way
Richmond TX 77469
3
3
2
Single-Family
Listing courtesy of LPT Realty, LLC

Browse properties sold in nearby areas

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Information Not Guaranteed. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent