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Ranch retreat near Fenton with brand-new HVAC, fresh paint, exposed wood beams, a masonry fireplace, and a built-in bar on nearly half an acre. Single-story renovation potential meets an exceptional Raleigh and Cary corridor setting. Situated on an open cul-de-sac lot spanning nearly half an acre, this single-level ranch residence provides a clear canvas ready for sweat equity, a custom redesign, or a full down-to-the-studs transformation. High-cost mechanical upgrades are already off your checklist, featuring a brand-new HVAC system and newly installed ductwork alongside fresh interior paint that delivers an immediate head start. Natural light fills the front family room before guiding you toward a bright dining room defined by an eye-catching bay window. The adjacent kitchen features a walk-in pantry and flows naturally into the dining space, which opens directly into a character-filled den loaded with architectural appeal. This flexible living area showcases custom wood beams, a classic masonry fireplace, and a built-in bar tailored for an entertaining lounge or dedicated media flex room. Down the hall, the primary suite features a walk-in closet and private bath with a tiled walk-in shower. Guest rooms are served by a shared full hallway bathroom. Out back, a deep tree-lined homesite offers a generous footprint for future outdoor living, garden zones, or a workshop addition. Minutes from the energy of Fenton, the South Hills redevelopment, Crossroads Plaza, NC State, and the Beltline, this address pairs neighborhood peace with effortless Triangle connectivity. Capitalize on major mechanical installations, distinctive architectural character, and unbeatable Triangle proximity to build immediate equity.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1972
  • 0.47 Acre Lot
  • 3 days on Market

  • Bedrooms
    3
  • Bathrooms
    2
  • Year Built
    1972
  • Architectural Style
    Ranch
  • Construction Materials
    Frame
  • Living Area
    1400.0
  • Interior Features
    Ceiling Fan(s), Pantry, Bar, Storage, Master Downstairs, Laminate Counters, Natural Woodwork
  • Appliances
    Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Flooring
    Vinyl, Carpet
  • Patio And Porch
    Deck
  • Cooling
    Central Air
  • Heating
    Forced Air
  • Basement
    Crawl Space

  • Acres
    0.47
  • Utilities
    Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water
    Public

  • County
    Wake
  • City
    Raleigh
  • Neighborhood
    Old Farm
  • Zip Code
    27606
  • High School
    Wake - Athens Drive High
  • Middle School
    Wake - Reedy Creek Middle
  • Elementary School
    Wake - Reedy Creek Elementary

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Frequently Asked Questions

How do I schedule a tour of 5801 Phaeton Cir?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5801 Phaeton Cir.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5801 Phaeton Cir?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $300,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Raleigh, and can even get you in to see the property quickly.

Are there any upcoming open houses for this property?

Yes—an open house is scheduled for . Let us connect you with our local expert before you go so they can help you prepare questions, highlight key features, and arrange a private tour if that time doesn't work.

How do I get a virtual tour of 5801 Phaeton Cir?

Yes! A virtual tour is available for 5801 Phaeton Cir. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 5801 Phaeton Cir?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 5801 Phaeton Cir at around $1,854. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5801 Phaeton Cir?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Wake County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5801 Phaeton Cir?

In most cases, yes. Whether 5801 Phaeton Cir is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Raleigh's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5801 Phaeton Cir?

We can handle that for you. Our preferred local agent specializes in residentials in Raleigh and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $300,000 with 1,400 sqft of space—that comes out to approximately $214 per square foot.

How long has this property been on the market?

5801 Phaeton Cir was listed on November 04, 2026, which means it's been on the market for 3 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1972, making it approximately 54 years old.

What is the lot size of this property?

5801 Phaeton Cir sits on a 0.47-acre lot, which is 20,473 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Wake - Reedy Creek Elementary
  • Middle: Wake - Reedy Creek Middle
  • High: Wake - Athens Drive High

Want to see how these schools compare? Check out our Wake County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 5801 Phaeton Cir?

The most recent public record shows annual property taxes for 5801 Phaeton Cir were approximately $2,729. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 5801 Phaeton Cir still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Triangle MLS. All rights reserved.

Last Updated: November 07, 2026 at 07:07PM | Source: Triangle MLS | MLS#: 10201665