Charming Ranch with Endless Potential Inside 540
Beautifully set on a flat, one-acre lot beneath a canopy of majestic oaks, this lovely ranch home offers peaceful living inside the 540 loop. The property’s natural setting and mature trees provide shade, privacy, and timeless appeal.
This home offers endless potential—whether you’re looking to update, expand, or start fresh, the possibilities are wide open. The fenced yard includes a storage shed, perfect for tools or hobbies.
A true diamond in the rough, this property is ideal for buyers with vision who want to create their dream home in a prime location.
For sale
Price cut: $50K (1/18)
$450,000
5813 Oak Forest Dr, Raleigh, NC 27616
3beds
1,269sqft
Est.:
Single Family Residence
Built in 1958
1.05 Acres Lot
$433,400 Zestimate®
$355/sqft
$-- HOA
What's special
Fenced yardMajestic oaksFlat one-acre lotMature treesNatural setting
- 111 days |
- 1,314 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: January 17, 2026 at 10:41pm
Listed by:
CRYSTAL LYNN RHOADES,
LOYALTY FIRST REALTY
Source: LPRMLS,MLS#: 753064
Originating MLS: Longleaf Pine Realtors
Originating MLS: Longleaf Pine RealtorsTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard, Window Unit
Cooling
- None, Window Unit(s)
Features
- Flooring: Other
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Other
Interior area
- Total interior livable area: 1,269 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Exterior features: Corner Lot
Lot
- Size: 1.05 Acres
- Features: 1-2 Acres
Details
- Parcel number: 1726284332
- Zoning description: R6 - Residential District
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- Average Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Forest Acres
HOA
- Has HOA: No
- HOA name: None
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $355/sqft
- Tax assessed value: $308,509
- Annual tax amount: $2,711
- Date on market: 11/8/2025
- Cumulative days on market: 79 days
- Inclusions: None
- Exclusions: None
- Ownership: Private Owner
Estimated market value
$433,400
$412,000 - $455,000
$2,097/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/18/2026 | Price change | $450,000-10%$355/sqft |
Source:  LPRMLS #753064 Report a problem | ||
| 12/31/2025 | Listed for sale | $500,000$394/sqft |
Source: LPRMLS #753064 Report a problem | ||
| 11/18/2025 | Pending sale | $500,000$394/sqft |
Source: LPRMLS #753064 Report a problem | ||
| 11/8/2025 | Listed for sale | $500,000+233.3%$394/sqft |
Source: LPRMLS #753064 Report a problem | ||
| 3/29/2005 | Sold | $150,000$118/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,711 +0.4% | $308,509 |
| 2024 | $2,699 +12% | $308,509 +40.6% |
| 2023 | $2,411 +7.6% | $219,357 |
| 2022 | $2,241 +4% | $219,357 |
| 2021 | $2,154 +1.8% | $219,357 |
| 2020 | $2,115 +9.3% | $219,357 +32.7% |
| 2019 | $1,935 | $165,256 |
| 2018 | $1,935 +11.3% | $165,256 |
| 2017 | $1,739 +2.1% | $165,256 |
| 2016 | $1,704 +2.3% | $165,256 +4% |
| 2015 | $1,666 +5.4% | $158,950 |
| 2014 | $1,581 | $158,950 |
| 2013 | -- | $158,950 |
| 2012 | -- | $158,950 |
| 2011 | -- | $158,950 |
| 2010 | -- | $158,950 |
| 2009 | -- | $158,950 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,348/mo
Principal & interest
$2093
Property taxes
$255
Climate risks
Neighborhood: Northeast Raleigh
Nearby schools
GreatSchools rating
- 9/10Abbott's Creek Elementary SchoolGrades: PK-5Distance: 3 mi
- 1/10East Millbrook MiddleGrades: 6-8Distance: 0.6 mi
- 6/10Millbrook HighGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Middle: Wake - East Millbrook
- High: Wake - Millbrook
Source: LPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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