Check Availability
$3,999,000
↓ $250K (5.9%)
● House - For Sale

508 Ramblewood Drive

Raleigh, NC 27609
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
7,021 Ft²
$21,943
Est. Monthly

About This Property

Situated on a rare .65 acre oversized homesite in one of Raleigh's most desirable Inside the Beltline locations, this exceptional luxury home offers the perfect blend of privacy, convenience, and modern elegance within a premier school district consistently ranked among the best in North Carolina. Located just moments from North Hills/Midtown Raleigh, residents enjoy walkable access to more than 130 restaurants, luxury shopping destinations, fitness studios, entertainment venues, and everyday conveniences. Designed as a custom built 7,500 square foot entertainer's dream, this stunning home showcases soaring ceilings, expansive open concept living spaces, and seamless flow between the chef's kitchen, dining area, and family room. The main level features a beautiful private office and an extraordinary primary suite retreat with spa inspired finishes and refined designer details. The gourmet kitchen and scullery are equipped with premium Sub Zero appliances including a 48 inch range, refrigerator tower, freezer tower, and wine tower, creating the ultimate space for luxury living and entertaining. Upstairs offers three spacious secondary bedrooms each with beautifully appointed ensuite bathrooms along with a loft style media and entertainment space ideal for family gatherings or guests. The finished lower level provides an additional family room, private fitness studio, dedicated movie theater, full bathroom, and abundant unfinished storage space. Step outside to an incredible resort style backyard rarely found in Midtown Raleigh featuring a heated saltwater pool with spa, outdoor kitchen, expansive green space, and plenty of room for recreation, pets, or play. This extraordinary North Hills luxury home delivers unmatched lifestyle, location, and craftsmanship in the heart of Raleigh real estate.  As an added bonus the driveway is very flat and sports car friendly.
Unit Size
7,021 Ft²
Days on Market
172 days
Land Size
0.65 acres
Price per sqft
$570
Property Type
House
Property Taxes
$2,307
HOA Dues
-
Year Built
2022

Listed By

Jared Cozart
Raleigh Custom Realty, LLC

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Last updated: 23 days ago (TMLS #10165768)

Price History

Date / Event Date Event Price
Sep 15, 2026 Price Decreased $3,999,000
↓ $250K (5.9%)
Price Decreased
Jul 29, 2026 Price Decreased $4,249,000
↓ $246K (5.5%)
Price Decreased
Jun 9, 2026 Price Decreased $4,495,000
↓ $255K (5.4%)
Price Decreased
May 7, 2026 Listed by Luxe Residential, LLC $4,750,000
Listed by Luxe Residential, LLC
Jun 3, 2022 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Parking Pad
Garage Spaces: 3
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 6
Interior Features: Bar, Bidet, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Recessed Lighting, Soaking Tub, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, See Remarks, Butler's Pantry, Kitchen/Dining Room Combination, Living/Dining Room Combination, Primary Downstairs, Quartz Counters, Walk-In Shower
Appliances: Bar Fridge, Built-In Freezer, Built-In Gas Range, Built-In Range, Built-In Refrigerator, Dishwasher, Double Oven, Dryer, Free-Standing Gas Range, Freezer, Gas Range, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer, Washer/Dryer, Wine Cooler, Wine Refrigerator
Flooring Type: Carpet, Ceramic Tile, Combination, Hardwood, Marble, Tile, Wood
Laundry Features: Inside, Laundry Room, Main Level
Rooms: 1
Has Fireplace
Fireplace Features: Family Room, Gas
Fireplaces: 1
Basement: Finished, Partially Finished
Exterior Details
Square Footage: 7021
Architectural Style: Contemporary, Modern, Transitional
Year Built: 2022
Building Area Total: 7021
Levels: One, Tri-Level
Other Structures: Outdoor Kitchen
Construction Materials: Brick, Fiber Cement, Glass, Stucco
Patio and Porch Features: Covered, Front Porch, Patio, Porch
Pool Features: Fenced, Gunite, Heated, In Ground, Outdoor Pool, Pool/Spa Combo, Private, Salt Water, Waterfall
Pool is Private
Lot Features: Back Yard, City Lot, Landscaped, Level
Lot Size Area: 0.65
Lot Size Units: Acres
Lot Size Acres: 0.65
Lot Size Square Feet: 28314
Water Source: Public
Financial Details
Tax Map Number: 9
Tax Assessed Value: $3,171,793
Tax Annual Amount: $27,681
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Heat Pump
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 775
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,314
  • Total Building Area: 6,401
  • Building Area: 6,401
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 6,401
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CJ LASSITER PROP
  • Land Acres: 0000000650
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO9 C J LASSITER

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052603

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0018556
  • District: 01
  • Parcel: 1705.07-58-0679 0018556
  • Lot: 9
  • Municipality: RALEIGH
  • Latitude: 35.8341
  • Longitude: -78.6455

    Address

  • Full Address: 508 Ramblewood Dr
  • Address - House Number: 508
  • Address - Street Name: Ramblewood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C006
  • 4-Digit Zip Code: 6410
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,057,020

    Appraisal Valuation

  • Standard Deviation: 0.4688
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 6
  • Final Value: 1,668,616
  • High Value: 2,450,963
  • Low Value: 886,268

    Market Valuation

  • Market Total Value: $1,885,340
  • Market Land Value: $375,000
  • Market Improvement Value: $1,510,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,885,340
  • Assessed Land Value: $375,000
  • Assessed Improvements Value: $1,510,340

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 01, 1975
  • Previous Sale Contract Date: Jan 01, 1975
  • Previous Sale Amount: $57,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Hills


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Frequently Asked Questions

When was property at 508 Ramblewood Drive built and last sold?
The property at 508 Ramblewood Drive was built in 2022 and last sold on Oct 7, 2021 for $765,000.
How much is this home worth?
The estimated value of the home located at 508 Ramblewood Drive is $3,866,171.
What are some comparable homes to 508 Ramblewood Drive?
There are currently no comparable homes to 508 Ramblewood Drive.