See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5404 Fieldstone Dr, Raleigh, NC, 27609

4beds
3baths
2,560sqft
$550,000
$215price/sqft
$3,540/moest. monthly cost
$141,600/yrincome needed

About This Home

Flexible two-living-zone home near Midtown -- ideal for multigenerational living, long-term guest setup, work-from-home, or potential rental flexibility. Set on a .24-acre lot in North Raleigh, this 4-bedroom, 3-bath ranch-style home with 2,560 sq ft gives buyers something harder to find: true main-level living paired with a fully functional second setup downstairs. Three bedrooms are located on the main floor, including a primary suite with a fully renovated bath and zero-entry walk-in shower that feels clean, modern, and designed for real life. The kitchen is a standout. Fully renovated with granite counters, gas cooktop, stainless steel appliances, and soft-close cabinetry with smart storage throughout. It opens directly into a large family room and dining space, then flows out to an elevated deck with a built-in gas line for grilling--no propane tank runs required. Downstairs is where the flexibility really shows up. The full walk-out lower level includes its own private entrance, bedroom/flex room, full bath, office, and a large living area centered around a ventless gas fireplace capable of heating most of the home. It opens directly onto a covered patio and works equally well as an in-law suite, extended guest setup, private workspace, or potential income-producing space. Fresh interior and exterior paint keep everything feeling current. Hardwood flooring runs through the main living areas, multiple rooms feature new flooring, recessed lighting has been updated throughout, and there are no popcorn ceilings anywhere in sight. Storage is another pleasant surprise for a home of this era, with two outdoor sheds that convey plus plenty of interior storage space throughout. And then there's the location. Minutes to North Hills for restaurants, coffee shops, fitness studios, grocery options, nightlife, and Midtown events. Close to Shelley Lake Park with scenic paved trails, fishing access, playgrounds, and greenway connections. Optimist Park's pool, tennis courts, recreation center, and athletic facilities are also nearby. The flexibility is what makes this one memorable. Live upstairs, spread out downstairs, host long-term guests, create separation for work and life, or explore rental possibilities. Come experience how many ways this home can work for you.

Getting Around

31
WalkingCar-Dependent
35
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

6/10
Green ElementaryGrades PK-51.4 mi
5/10
Carroll MiddleGrades 6-81.5 mi
6/10
Sanderson HighGrades 9-121.6 mi

Construction

Condition

  • Year built: 1972

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch, Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Exhaust Fan,Gas Oven,Gas Range,Microwave,Stainless Steel Appliance(s)
  • Laundry features: In Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bathtub/Shower Combination,Ceiling Fan(s),Crown Molding,Entrance Foyer,Granite Counters,In-Law Floorplan,Kitchen Island,Open Floorplan,Recessed Lighting,Shower Only,Smooth Ceilings,Walk-In Shower
  • Flooring: Carpet,Hardwood,Vinyl,Tile
  • Finished area below ground: 0
  • Finished area above ground: 2,560

Heating & Cooling

  • Heating features: Central,Fireplace(s),Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 2,560
  • Total interior livable area: 2,560 sqft

Property

Details

  • Parcel number: 1716259810
  • Zoning: R-4
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 1
  • Patio & porch: Deck,Patio
  • Exterior features: Private Entrance,Private Yard,Rain Gutters,Storage
  • Fencing: Back Yard, Chain Link, Vinyl
  • Has view: Yes

Lot

  • Lot size: 10,454 sqft
  • Features: Few Trees

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

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding
Lightning
Tornado

FEMA Declared Disasters in Wake 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 $2,781$33,372
Home Insurance *$124$1,488
Property Taxes $397$4,764
Electricity $238$2,861
Total$3,540$42,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,371/yr
40% on housing$106,200/yr
45% on housing$94,400/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: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 27609$369
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27609$340
Wake County$224

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)

No zestimate history available

Price History

DateEventPrice
2026-05-08Price change$550,000
2026-04-17Listed for sale$575,000
1992-04-09Sold$109,000

For Sale by Agent

AgentMarti Hampton, EXP Realty LLC, Desiree White, EXP Realty LLC
BrokerageEXP Realty LLC

Similar Homes