3821 La Costa Way, Raleigh, NC 27610

$495,000

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24 May

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Home Description

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.