3821 La Costa Way Raleigh, NC 27610
Southeast Raleigh NeighborhoodEstimated payment $2,879/month
Total Views
9,863
4
Beds
2.5
Baths
2,549
Sq Ft
$188
Price per Sq Ft
Highlights
- Golf Course Community
- 0.78 Acre Lot
- Partially Wooded Lot
- View of Trees or Woods
- Deck
- Traditional Architecture
About This Home
Investor alert: here's a chance to purchase a well-kept home across from the Neuse River Trailhead, with built-in rental income through at least 2030. The seller is looking for an investor willing to lease the home back through 2030, with the option to renew. It's a rare setup that offers immediate stability in a location with direct access to the greenway and Neuse River.
Part of the Capital Area Greenway System, this address puts miles of paved trails right outside the door. The oversized lot stretches toward the trees, with tall fescue grass seeded in 2024, solar-powered uplighting, and a shade-tolerant garden planted with creeping phlox, mosses, and pampas grass. A firepit tucked behind the shed offers a private hangout spot near the woods. The screened porch has a cozy, treehouse-like feel with its stained wood ceiling, TV mount, and soft lighting. Just beyond it, a large, sun-drenched deck with Trex boards and accent lighting (added in 2023) makes the most of the backyard views.
Inside, the main-level primary suite features updated carpet, fresh paint, an IKEA closet system, and a full bath with separate vanities, a linen closet, and updated finishes. The kitchen has hardwood floors, a peninsula island, painted cabinets with new hardware, upgraded pantry shelving, updated lighting with dimmer switches, and a new dishwasher (2024). The dining and living rooms have durable LVT flooring added in 2018, and the laundry room has space for extra appliances.
At the front of the house, a bright home office with hardwood floors, crown moulding, and chair rail creates a welcoming workspace.
Upstairs, LVT flooring was added in 2021. One of the secondary bedrooms features an IKEA closet system installed in 2023. All the interior walls were freshly painted that same year.
The garage is fully painted—floor, walls, and stairs—with added shelving, stained wood steps, and a mounted TV with soundbar, making it just as useful for weekend projects as it is for storage.
A few minutes away, River Ridge Golf Club offers an 18-hole, par-72 course designed by Chuck Smith. The course runs over 6,700 yards through rolling hills, wetlands, and wooded areas, with a layout that's fun to play and easy on the eyes.
With the I-540 loop set to connect less than a mile away, this location is poised for even more convenience and growth. Combine that with the trail access, oversized lot, and steady rent-back arrangement, and this thoughtfully updated home stands out as a smart, long-term investment.
Listing Agent
Hodge & Kittrell Sotheby's Int License #275305 Listed on: 05/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,964
Year Built
- Built in 2004
Lot Details
- 0.78 Acre Lot
- Southwest Facing Home
- Gentle Sloping Lot
- Partially Wooded Lot
- Landscaped with Trees
- Back Yard Fenced and Front Yard
HOA Fees
- $22 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Private Driveway
- Outside Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Brick Veneer
- Permanent Foundation
- Shingle Roof
Interior Spaces
- 2,549 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Home Office
- Loft
- Storage
- Views of Woods
- Pull Down Stairs to Attic
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Double Vanity
- Private Water Closet
- Separate Shower in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer
Outdoor Features
- Deck
- Fire Pit
- Outdoor Storage
- Rain Gutters
- Front Porch
Schools
- Barwell Elementary School
- East Garner Middle School
- South Garner High School
Additional Features
- Property is near a golf course
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 1741399500
Community Details
Overview
- Encore Properties Association, Phone Number (919) 324-3829
- Old River Ridge Subdivision
- Greenbelt
Recreation
- Golf Course Community
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,963 | $473,978 | $110,000 | $363,978 |
| 2023 | $2,378 | $302,389 | $50,000 | $252,389 |
| 2022 | $2,204 | $302,389 | $50,000 | $252,389 |
| 2021 | $2,145 | $302,389 | $50,000 | $252,389 |
| 2020 | $2,110 | $302,389 | $50,000 | $252,389 |
| 2019 | $2,018 | $244,688 | $50,000 | $194,688 |
| 2018 | $1,887 | $248,838 | $50,000 | $198,838 |
| 2017 | $1,469 | $248,838 | $50,000 | $198,838 |
| 2016 | -- | $248,838 | $50,000 | $198,838 |
| 2015 | -- | $280,469 | $62,000 | $218,469 |
| 2014 | -- | $280,469 | $62,000 | $218,469 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $480,000 | -3.0% | $188 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $495,000 | -- | $194 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $255,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $235,000 | None Available | |
| Warranty Deed | $213,000 | -- | |
| Warranty Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $235,000 | New Conventional | |
| Closed | $150,000 | Credit Line Revolving | |
| Closed | $255,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $225,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $161,500 | New Conventional | |
| Previous Owner | $181,476 | New Conventional | |
| Previous Owner | $188,000 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10098550
APN: 1741.01-39-9500-000
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