X
Listing courtesy of LPT Realty, LLC

516 Deacon Ridge Street
Wake Forest, NC 27587

Home for sale - Deacons Ridge

Welcome to 516 Deacon Ridge Street, located in the established Deacons Ridge subdivision of Wake Forest. This home features a first-floor primary suite, a finished walk-out lower level with a dedicated home theater, and a backyard with mature trees and a seasonal stream, all conveniently located just off NC-98 and only 0.8 miles from the heart of Downtown Wake Forest. A covered wraparound front porch welcomes you inside, where soaring ceilings and hardwood floors create an inviting first impression. The living room features a gas log fireplace and flows into the formal dining room with classic wainscoting, creating distinct spaces that remain connected throughout the main level. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, pantry, and abundant cabinet space. The adjoining breakfast nook is surrounded by three large windows that fill the space with natural light and overlook the backyard. The main-level primary suite includes a walk-in closet and an ensuite bathroom with dual vanities, a soaking tub, and a separate shower. One of the home's standout features is the finished walk-out lower level with new luxury vinyl plank flooring throughout. This versatile space includes a dedicated home theater with a projector and screen that convey with the home, a large recreation room, an additional flex area for hobbies, fitness, a game table, or casual seating, a full bathroom, an oversized walk-in closet, and generous unfinished space for a workshop or additional storage with convenient exterior access. Sliding glass doors lead directly to the covered lower patio, extending the living space outdoors. Upstairs, a freshly painted bonus room with a built-in twin bed and closet offers flexibility as a guest room, home office, or bonus room. Two additional bedrooms, a full bathroom, and a conveniently located laundry room complete the second floor. The upper deck overlooks a backyard with mature trees and a seasonal stream along the rear of the property that flows after periods of rain. The covered patio below provides another outdoor space for relaxing, dining, or spending time with family and friends. Recent improvements include a new roof installed in 2023, one furnace replaced in 2023, one of the home's three air conditioning units replaced in 2023, a gas water heater replaced in 2025, fresh interior paint throughout the first and second floors, freshly painted basement trim and ceilings, and new carpet installed on the stairs, throughout the second floor, and in the primary bedroom. Beyond the home itself, the location is hard to beat. Just 0.8 miles from the heart of Downtown Wake Forest, you'll enjoy quick access to locally owned restaurants, coffee shops, boutiques, parks, and the town's year-round events and festivals. Whether you're meeting friends for dinner, grabbing a morning coffee, or spending an afternoon downtown, it's all just minutes away. Convenient access to NC-98 and other major commuting routes makes getting around the Triangle just as easy. Whether you're looking for room to spread out, dedicated spaces for entertaining, work, or hobbies, or quick access to everything Downtown Wake Forest has to offer, 516 Deacon Ridge Street brings it all together in one thoughtfully designed home.

Open House:

  • Listing Price: $535,000

  • Square Feet: 3748

  • Bedrooms: 4

  • Bathrooms: 3 full, 1 half

  • Acres: 0.28

Get Driving Directions

Last updated 2026-09-16T04:51:12Z

Don't Let This Get Away!

Our team is knowledgeable about the area and love to help! Fill out the information below and we will reply to your request quickly.

Would you like to schedule a showing?

Choose a preferred showing date and time:

date:   time:

Choose an alternate date and time:

date:   time:
Please prove you are a human

IDX CopyrightThe data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnail logo and detailed information about them includes the name of the listing firms. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information deemed reliable but not guaranteed.