712 Malbay Ln Raleigh, NC 27615
Stonebridge NeighborhoodEstimated payment $5,138/month
4
Beds
4
Baths
3,961
Sq Ft
$227
Price per Sq Ft
Highlights
- 2.1 Acre Lot
- Open Floorplan
- Vaulted Ceiling
- West Millbrook Middle School Rated A-
- Deck
- Transitional Architecture
About This Home
Welcome to 712 Malbay Lane! An exceptional opportunity in the heart of North Raleigh offering the perfect balance of location, breathtaking updates, and everyday comfort. Situated in a well-established neighborhood known for its convenience and charm, this home provides easy access to everything while still enjoying a peaceful, low-traffic setting. Inside, you'll find a thoughtfully modernized interior with updated flooring, including tile and carpet replacements completed in 2019. Major system updates provide added confidence, including a newer roof (2024) and a gas water heater (2026), and updated HVAC system (2025). The open layout and vaulted ceilings offer comfortable living spaces designed for both relaxing-by a gorgeous fireplace, and entertaining-in the kitchen with plenty of counter space and seats for gathering with friends and family. Downstairs, enjoy a movie room and 4th bedroom with ensuite bath, as well as a flex space for crafting, an office, or additional storage. Step outside to the backyard, with a deck, screen porch, and wired outbuilding-perfect for a yoga retreat, separate office space, or whatever flexibility you may need. The location truly stands out, just minutes from shopping, dining, and everyday conveniences. Enjoy close proximity to North Hills, Lafayette Village, and a variety of popular restaurants and boutiques. Outdoor and recreational options are nearby with parks and greenways, and the YMCA is just around the corner. Commuting is seamless with quick access to major roads including Falls of Neuse and I-540. This home offers the rare combination of a connected, active neighborhood feel with the ability to enjoy quiet surroundings on an expansive 2+ acres, making it a standout option in one of Raleigh's most desirable areas.
Open House Schedule
-
Sunday, March 29, 202611:00 am to 1:00 pm3/29/2026 11:00:00 AM +00:003/29/2026 1:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,347
Year Built
- Built in 1984
Lot Details
- 2.1 Acre Lot
- Property is zoned R-40W
HOA Fees
- $8 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Inside Entrance
- Side Facing Garage
- Driveway
- 2 Open Parking Spaces
Home Design
- Transitional Architecture
- Brick Exterior Construction
- Shingle Roof
- Cedar
Interior Spaces
- 1-Story Property
- Open Floorplan
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
- Entrance Foyer
- Screened Porch
- Finished Basement
- Bedroom in Basement
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Baileywick Elementary School
- West Millbrook Middle School
- Sanderson High School
Utilities
- Central Air
- Heat Pump System
- Natural Gas Connected
- Water Heater
- Septic Tank
- Septic System
- Cable TV Available
Community Details
- Association fees include insurance
- Shannon Woods HOA, Phone Number (919) 632-9004
- Shannon Woods Subdivision
Listing and Financial Details
- Assessor Parcel Number 079802782162000 0131225
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 |
|---|---|---|---|---|
| 2025 | $4,347 | $676,494 | $153,600 | $522,894 |
| 2024 | $4,221 | $676,494 | $153,600 | $522,894 |
| 2023 | $3,258 | $415,344 | $76,500 | $338,844 |
| 2022 | $3,020 | $415,344 | $76,500 | $338,844 |
| 2021 | $2,939 | $415,344 | $76,500 | $338,844 |
| 2020 | $2,890 | $415,344 | $76,500 | $338,844 |
| 2019 | $3,054 | $371,518 | $76,500 | $295,018 |
| 2018 | $2,808 | $371,518 | $76,500 | $295,018 |
| 2017 | $2,662 | $371,518 | $76,500 | $295,018 |
| 2016 | $2,608 | $371,518 | $76,500 | $295,018 |
| 2015 | $2,885 | $412,485 | $135,000 | $277,485 |
| 2014 | -- | $387,743 | $135,000 | $252,743 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $899,900 | +30.4% | $227 / Sq Ft | |
| 03/13/2024 03/13/24 | Sold | $690,000 | +2.2% | $172 / Sq Ft | View Prior Sale |
| 02/02/2024 02/02/24 | For Sale | $675,000 | -- | $168 / Sq Ft | |
| 02/01/2024 02/01/24 | Pending | -- | -- | -- |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $690,000 | None Listed On Document | |
| Warranty Deed | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $621,000 | New Conventional | |
| Previous Owner | $188,000 | No Value Available |
Source: Public Records
About the Listing Agent
Matt Perry & The Perry Group
Matt Perry has called the Triangle home since 1980. A proud Cary High School graduate, he went on to earn his degree magna cum laude from NC State University in 2002. His career began in the classroom as a high school math teacher and basketball coach, but a “summer job” with a local builder quickly revealed his true calling: real estate.
What started as a way to stay busy during the off-season became a passion and lifelong career. Matt discovered that guiding
Matt's Other Listings
Source: Doorify MLS
MLS Number: 10156012
APN: 0798.02-78-2162-000
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