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5511 Wallace Dr, Greensboro, NC, 27407

5beds
4baths
4,553sqft
$849,900
$187price/sqft
$5,737/moest. monthly cost
$229,480/yrincome needed

About This Home

Tucked within the historic Sedgefield Inn district overlooking the 3rd Fairway of Sedgefield Country Club, this timeless 2-story brick home offers 5 bedrooms, 2 full baths, and 2 half baths surrounded by professionally landscaped grounds by New Garden Landscaping. Beautiful flowers, mature trees, brick walks, and private patio spaces create a serene setting with exceptional curb appeal. The spacious layout features a main-level primary bedroom, expansive family room with wet bar, sunroom, and a second-floor rec room. The primary suite downstairs includes an en-suite bath and generous space to unwind. Kitchen features updated appliances, double stove, butler’s pantry, abundant cabinetry, and functional prep space ideal for everyday living or entertaining. Recent updates include new hot water heater (2019), main water line replacement (2022), new first-floor furnace (2024), composite dormers/exterior paint (2024), and new second-floor HVAC (2025). 2-car attached garage.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10
4/10
Jamestown Middle SchoolGrades 6-82.1 mi
3/10
Lucy Ragsdale HighGrades 9-122.0 mi

Construction

Condition

  • Year built: 1986

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Stick/Site Built,Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedroom5

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2
  • Main level bathrooms: 3

Breakfast

  • Level: Main

Den

  • Level: Main

Dining Room

  • Level: Main

Features

  • Number of fireplaces: 2
  • Fireplace features: Den,Living Room
  • Fireplace: Yes
  • Finished area above ground: 4,553

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,553
  • Total interior livable area: 4,553 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Recreation Room

  • Level: Second

Sunroom

  • Level: Main

Property

Details

  • Parcel number: 155888
  • Zoning: RS-20
  • Special condition: Owner Sale

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 1.10 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Hail
Hurricane
Ice Storm
Lightning
Tornado

FEMA Declared Disasters in Guilford County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,297$51,564
Home Insurance *$353$4,236
Property Taxes $663$7,956
Electricity $424$5,088
Total$5,737$68,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$196,697/yr
40% on housing$172,110/yr
45% on housing$152,986/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 27407$136
Guilford County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 27407$169
Guilford County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$749,900
2026-06-23Price change$849,900
2026-05-28Listed for sale$910,000

For Sale by Agent

AgentMatthew Millaway
BrokerageeXp Realty

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