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

514 E Lane St, Raleigh, NC, 27601

2beds
1baths
1,492sqft
$835,000
$560price/sqft
$5,230/moest. monthly cost
$209,200/yrincome needed

About This Home

Historic Character Meets Timeless Charm in Downtown Raleigh. Step into a rare piece of Raleigh history at 514 E Lane Street, where classic architecture, soaring ceilings, and beautifully preserved original details create a home unlike anything on today's market. Nestled beneath a canopy of mature trees, this inviting residence welcomes you with a gracious front porch and stunning curb appeal. Inside, rich heart pine floors, multiple fireplaces (family and dining room have gas and bedrooms are decorative) tall windows, custom built-ins, and elegant millwork showcase the craftsmanship of a bygone era while blending seamlessly with modern comforts. The spacious living and dining rooms are filled with natural light and historic character, offering ideal spaces for entertaining or quiet evenings at home. The thoughtfully updated kitchen features solid-surface countertops, stainless appliances, abundant cabinetry, a center island with gas cooktop, and oversized windows overlooking the private garden setting. Bedrooms provide comfort and flexibility, while the unique bath maintains the home's timeless personality. Throughout the home, charming architectural details, antique-inspired finishes, and carefully preserved woodwork create warmth and authenticity at every turn. Pull down attic offers many more storage options. Located just blocks from downtown Raleigh's restaurants, parks, museums, and cultural attractions, this exceptional property offers the perfect combination of historic elegance, walkable urban living, and enduring Southern charm. A truly special opportunity to own one of Raleigh's treasured historic homes in a highly sought-after location. Don't miss the gorgeous garden in the back yard. Shed conveys. The rear stone wall full of character and charm is the approximate property line.

Getting Around

80
WalkingVery Walkable
70
TransitExcellent Transit
87
BikeVery Bikeable

Schools

5/10
Conn ElementaryGrades PK-51.0 mi
7/10
Oberlin Middle SchoolGrades 6-82.6 mi
7/10
Needham Broughton HighGrades 9-121.3 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Shingle, See Remarks
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Arts & Crafts, Bungalow, Georgian
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Built-In Gas Oven,Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Gas Cooktop,Gas Water Heater,Washer,Water Heater
  • Laundry features: In Kitchen,Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Bathtub/Shower Combination,Built-in Features,Ceiling Fan(s),Chandelier,Crown Molding,Eat-in Kitchen,Entrance Foyer,Granite Counters,High Ceilings,High Speed Internet,Kitchen Island,Pantry,Master Downstairs,Quartz Counters,Smooth Ceilings
  • Window features: Blinds,Plantation Shutters
  • Flooring: Ceramic Tile,Hardwood,Tile
  • Number of fireplaces: 4
  • Fireplace features: Bedroom,Decorative,Family Room,Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,492
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas,None
  • Cooling features: Central Air,Gas

Interior Area

  • Total structure area: 1,492
  • Total interior livable area: 1,492 sqft

Property

Details

  • Parcel number: 170420903234000 0039418
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Porch
  • Exterior features: Courtyard,Garden
  • Fencing: Privacy, Other, See Remarks
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 5,662 sqft
  • Features: Back Yard,City Lot,Front Yard,Garden,Hardwood Trees,Landscaped,Many Trees,Private,Secluded

Parking

  • Parking features: On Street,See Remarks

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

How This Home’s Risks Compare

Hail
Heat Wave

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 $4,222$50,664
Home Insurance *$210$2,520
Property Taxes $598$7,176
Electricity $200$2,405
Total$5,230$62,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$179,314/yr
40% on housing$156,900/yr
45% on housing$139,466/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

$560This listing

vs Other Active Listings

Avg $/sqft

ZIP 27601$264
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27601$378
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)

Price History

DateEventPrice
2026-06-24Listed for sale$835,000
2003-08-11Sold$225,000

For Sale by Agent

AgentAnn-Cabell Baum
BrokerageGlenwood Agency, LLC

Similar Homes