Land with Home for Sale in Raleigh, North Carolina
712 Malbay Ln, Raleigh, NC 27615
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.
Location
- Street address
- 712 Malbay Ln
- County
- Wake County
- Community
- Shannon Woods
- Elevation
- 419 feet
Property details
- Acreage
- 2.1 acres
- Zoning
- R-40W
- MLS #
- DMLS 10156012
- Posted
Property taxes
- 2026
- $4,347
Expenses
- Homeowner Association Fee
- $100 annually
Parcels
- 079802782162000 0131225
Legal description
Lo67 Shannon Woods Ph2 Bm1983-01134
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Keller Williams Realty
Lot
- Features
- Cul-De-Sac, Hardwood Trees, Open Lot
Exterior
- Parking Spaces
- 4
- Parking
- Driveway, Garage
- Pool
- Deck, Porch
- Structures
- Outbuilding
Structure
- Stories
- 1
- Basement
- Finished
- Sewer
- Septic Tank
- Heating
- Heat Pump
- Cooling
- Ceiling Fan(s), Central Air
- Materials
- Brick, Cedar, Fiber Cement
- Roof
- Shingle
- Windows
- Bay Window(s)
Interior
- Room Count
- 11
- Rooms
- Basement, Bathroom x 4, Bedroom x 4, Dining Room, Family Room, Game Room, Laundry Room
- Flooring
- Carpet, Hardwood, Tile
- Fireplaces
- Yes
- Appliances
- Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
- Features
- Ceiling Fan(s), Eat-In Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Nearby schools
| Name | Type |
|---|---|
| Wake - Baileywick | Elementary |
| Wake - West Millbrook | Middle |
| Wake - Sanderson | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 4, 2026 | Price drop | $839,900 | $35,000 -4% | DMLS |
| Apr 11, 2026 | Price drop | $874,900 | $25,000 -2.8% | DMLS |
| Mar 27, 2026 | New listing | $899,900 | — | DMLS |