712 Malbay Ln Raleigh, NC 27615
Stonebridge NeighborhoodEstimated payment $4,854/month
Total Views
24,406
4
Beds
4
Baths
3,961
Sq Ft
$212
Price per Sq Ft
Highlights
- Very Popular Property
- 2.1 Acre Lot
- Deck
- West Millbrook Middle School Rated A-
- Open Floorplan
- Vaulted Ceiling
About This Home
Welcome to 712 Malbay Lane - where space, style, and location come together in one of North Raleigh's most desirable settings. This beautifully updated ranch with a walk-out basement sits on over 2 private acres and offers the perfect setup for multi-generational living, combining privacy, flexibility, and comfort under one roof. Step inside to discover a thoughtfully refreshed interior featuring updated flooring (2024), soaring vaulted ceilings, and an open, inviting layout designed for both everyday living and entertaining. Gather around the stunning fireplace or host with ease in the spacious kitchen, complete with ample counter space and seating for all including guests. Major system upgrades provide peace of mind, including a newer roof (2024), HVAC system (2025), and gas water heater (2026). The walk-out basement expands your living possibilities with a dedicated movie room, a private fourth bedroom with ensuite bath, and a versatile flex space. Making it ideal for guests, or a private in-law suite. Outside, enjoy your own retreat with a deck, screened porch, and a wired outbuilding perfect for a home office, gym, or creative studio. Located just minutes from North Hills, Lafayette Village, shopping, dining, parks, and major roadways, this home offers the rare combination of convenience and quiet, spacious living. A true standout. Offering the flexibility today's buyers are looking for.
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
- Pull Down Stairs to Attic
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 |
|---|---|---|---|---|---|
| 05/04/2026 05/04/26 | Price Changed | $839,900 | -4.0% | $212 / Sq Ft | |
| 04/11/2026 04/11/26 | Price Changed | $874,900 | -2.8% | $221 / Sq Ft | |
| 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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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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