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40 photos

$1,090,000

4829 Little Falls Drive, Raleigh, NC 27609
Raleigh, NC 27609
Listed by Maggie Schiele · HomeTowne Realty
Bedrooms
4
Bathrooms
3.5
Living area
N/A
Year built
1991

About this home

What if your next home wasn't just a place to live but one of your smartest investments? This exceptional North Hills property offers a rare opportunity to enjoy luxury living while generating income. The fully independent 1,200+ sq. ft. accessory dwelling unit (ADU) features its own private entrance, full kitchen, living space, bedroom, and bath, making it ideal for multigenerational living, long-term tenants, traveling professionals, or a high-performing short-term rental. As an added bonus, occupants can enjoy access to the home's dedicated fitness studio while maintaining privacy with separate entrances. The main residence is equally impressive, showcasing soaring two-story ceilings, abundant natural light, quartz countertops, and an open-concept floor plan designed for both everyday living and effortless entertaining. Step outside to your own private retreat where a multi-level deck, pergola, and porch swing overlook a tranquil creek, creating the perfect setting to relax and unwind. Located just minutes from the shopping, dining, and entertainment of North Hills, with Lakemont Swim & Tennis Club within walking distance, this home offers an unmatched combination of lifestyle, flexibility, and income-producing potential. A one-year comprehensive home warranty is included, and buyers may also receive up to $5,000 toward closing costs when using the seller's preferred lender.

Highlights

Fireplace

Property details

MLS #
10157027
Property type
Single Family Residence
Subdivision
The Cascades
Status
Active
Days on market
191
On market date
April 2, 2026
Stories
N/A
Total bathrooms
3.5
Garage spaces
1
Parking spaces
N/A
Lot size
0.29 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Douglas Elementary
0.45 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
562
Student:teacher ratio
12.5:1
District
Wake County Schools
Middle
Carroll Middle
0.57 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
901
Student:teacher ratio
14.3:1
District
Wake County Schools
High
Sanderson High
1.3 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,610
Student:teacher ratio
16.8:1
District
Wake County Schools

Walkability

Blended score for Raleigh's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks6
Schools16
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Raleigh, from live MLS data.

On the market 191 days -- 88 more days than Raleigh's current average of 103 days.
For reference, the median list price across 2,844 active listings in Raleigh right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,714/mo
$218,000 down
$872,000 loan
Principal & interest$5,656
Property tax (est.)$908
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.