5116 Elf Ct, Wake Forest, NC 27587
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Property image
OFF MARKET

5116 Elf Ct
Wake Forest, NC 27587

  • 4 Beds
  • 2.5 Baths
  • 2,801 sqft (on 0.71 acres)

$524,900

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $3,062/mo*

$524,900

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $3,062/mo*
4 Beds
2.5 Baths
2,801 sqft
(on 0.71 acres)

Home Value

Trulia Estimate
$525K
Since last month
Decreased$2K (-0.3%)
Since last year
Increased$4K (+0.8%)
Since last sale
Decreased$10K (-1.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +76% in the last 10 years
MonthEstimated value
2026
August 2026$525K
July 2026$527K
June 2026$526K
May 2026$525K
April 2026$524K
March 2026$523K
February 2026$527K
January 2026$528K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
Single-Family Home
$545,000
10/03/25
3
2.5
2,129
0.45
Single-Family Home
$544,900
01/29/26
4
3
2,474
0.40
Single-Family Home
$480,000
05/18/26
3
3
2,686
0.51
Single-Family Home
$565,000
02/27/26
4
2.5
2,337
0.56
Single-Family Home
$560,000
09/22/25
4
2.5
2,097
0.56
Single-Family Home
$632,950
09/22/25
4
2.5
2,701
0.70
Single-Family Home
$554,000
06/15/26
4
2.5
2,352
0.69
Single-Family Home
$565,000
05/22/26
3
2.5
2,389
0.60
Single-Family Home
$735,000
04/29/26
5
3.5
2,924
0.60
Single-Family Home
$580,000
01/28/26
4
2.5
3,028

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.18
$616,000
4
3.5
2,459
Off Market
0.23
-
-
-
-
Off Market
0.23
-
-
-
-
Off Market
0.23
$543,000
3
2.5
2,129
Off Market
0.28
$774,000
5
4.5
5,064
Off Market
0.32
$670,400
5
4.5
3,545
Off Market
0.33
$585,000
5
3.5
3,545
Recently Sold
0.35
$899,500
4
5
4,029
For Sale
0.36
$575,000
3
2.5
2,320
For Sale
0.39
$318,600
3
2.5
1,675
Off Market
0.37
$496,100
3
2.5
2,368
Off Market

Local Information

  • Map ViewExplore the area around 5116 Elf Ct.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Lot Size
0.71 acres
Living Area
2,801 sqft
Price/Sqft
$187
Parking
2 Car Garage

About this House

Welcome to this meticulously maintained home nestled on a charming cul-de-sac lot in the highly desirable Deer Chase subdivision, offering a perfect blend of privacy, tranquility, and community in one of the area's most coveted neighborhoods. The spacious wooded backyard is a peaceful haven for all nature lovers. Immerse yourself in stunning views, take a refreshing dip in the large pool, or unwind in the vast, tranquil setting. The oversized deck is a striking feature that provides a peaceful retreat with unmatched privacy. Inside, the home exudes elegance and warmth. You will find a spacious floor plan including both a formal living room and dining room, which are perfect for both casual and formal events. The upgraded kitchen showcases gorgeous granite countertops and new stainless steel appliances, adding a touch of elegance. The eat-in kitchen area is a comfortable spot for casual meals and gatherings. The cozy family room provides a welcoming retreat w/built-ins and a natural gas log fireplace. The home also features four generously sized bedrooms, and a large bonus room complete with its own closet space that offers incredible flexibility. The partially finished basement offers vast potential for expansion. Additionally, with no active HOA, you're free to make this home exactly what you want. Location, Location, Location, this home is just 5 miles from I-540, a short drive from RTP and Triangle Center Mall, it's the perfect blend of comfort, convenience, and tranquility—an ideal place to call home! Come tour this MOVE-IN READY GEM and fall in love!
5116 Elf Ct, Wake Forest, NC 27587 is a 4 bedroom, 3 bathroom, 2,801 sqft single-family home built in 1996. It last sold for $535,000 on May 8, 2025 (5% below the $565,000 asking price). It is currently off market. The Trulia Estimate is $524,900, with a rent estimate of $2,897/month.
Last check for updates: about 24 hours ago
Listed by Rhonda Folks, (803) 235-1375
Century 21 Folks Properties
Marcy Lynne Rozelle, (919) 522-3077
Century 21 Folks Properties
Bought with: Emily Lovin, (919) 539-9567, Real Broker, LLC - Carolina Collective Realty
Source: Doorify MLS, MLS#10063089

Home Details for 5116 Elf Ct

Interior Features

Interior Details
Basement: Partially Finished, Walk-Out Access, Walk-Up AccessNumber of Rooms: 9
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2801 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water ConnectedLaundry: Laundry Room
Heating & Cooling
Heating: Forced Air, Heat Pump, Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Family Room, Gas LogHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Flooring: Carpet, Ceramic Tile, Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: Three Or MoreFloors: Carpet, Ceramic Tile, Hardwood
View
Has a View

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck, Front PorchFencing: Back Yard, WoodExterior: Fenced YardFoundation: SlabHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 4Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 6Parking: Attached,Concrete,Deck,Driveway,Garage
Pool
Pool: Above Ground, Fenced, PrivatePool
Frontage
Road Surface Type: ConcreteNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2365 Square FeetFinished Area (below surface): 436 Square Feet

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialStructure Type: Site BuiltArchitecture: Colonial
Building
Construction Materials: Brick, Vinyl SidingNot a New Construction
Property Information
Parcel Number: 1748.02593961.000

Price & Status

Price
List Price: $565,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Wake ForestCommunity: Deer Chase
School Information
Elementary School: Wake - Sanford CreekJr High / Middle School: Wake - HeritageHigh School: Wake - Heritage

Building

Building Area
Building Area: 2801 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.71 acres

Listing Info

Special Conditions: Standard

Miscellaneous

BasementMls Number: 10063089Above Grade Unfinished Area: 2365

Price and Tax history

DateEventPrice
May 8, 2025
Source: Doorify MLS #10063089
Sold
$535,000
Apr 9, 2025
Source: Doorify MLS #10063089
Pending
$565,000
Apr 4, 2025
Source: Doorify MLS #10063089
PriceChange
$565,000
Price decreased by 1%
Mar 14, 2025
Source: Doorify MLS #10063089
PriceChange
$570,000
Price decreased by 3%
Feb 7, 2025
Source: Doorify MLS #10063089
PriceChange
$585,900
Price decreased by 2%

Market trends in Wake Forest

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$548K
$3.58K
MoM
Sale-to-List Price
99.1%
0.4%
MoM
Price per sq ft
$217
$4
MoM
Available listings
510
13
MoM

What Locals Say about Wake Forest

At least 410 Trulia users voted on each feature.
  • 94 % Say car is needed

  • 93 % Say it's dog friendly

  • 87 % Say parking is easy

  • 83 % Say there's holiday spirit

  • 80 % Say people would walk alone at night

  • 79 % Say yards are well-kept

  • 76 % Say kids play outside

  • 75 % Say there are sidewalks

  • 73 % Say it's quiet

  • 68 % Say streets are well-lit

  • 64 % Say neighbors are friendly

  • 59 % Say they plan to stay for at least 5 years

  • 58 % Say there's wildlife

  • 49 % Say there are community events

  • 36 % Say it's walkable to restaurants

  • 33 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "There is a dog park and trails, also waste bag stations "
  • Elizabeth Miller
    "Dog friendly neighborhood with periodic dog cleaning stations"
  • Terri Coleman
    "I have lived in Wake Forest since 2004. Wake Forest has not done the best with infrastructure, but we have liked the neighborhoods we have lived in. "
  • Elizabeth Miller
    "Lovely town with quaint feel but near larger cities of Raleigh and Durham with loads of shops and medical resources."
  • Lou 3000
    "Everyone normally cleans after their pups and keeps them leashed. Neighborhood is normally clean and neighbors normally tend to their lawn."
  • Taliaxo194
    "So far so good. 4 months in. Everyone is super “neighborly” Would recommend to families. "
  • Itriplie94
    "I drive 18min to get to work grocery stores are nearby and fast food is nearby as well I drive 10min to closest car charger"
  • Dakotac
    "Feels like a hallmark town. Stuff around but not overcrowded feeling!! Lots of greenery & a cute downtown"
  • Lou 3000
    "The neighborhood has a lot of side walks. There are also many hills in this neighborhood. Walking trails are near so this is perfect for dog walking. "
  • Lou 3000
    "Many walking trails, libraries and other extracurricular activities available for kids. Not many sidewalk accessibility other than main neighborhood."
  • Danielle Livingston
    "I am not familiar with community events that make our neighborhood feel special. There is Friday Night on White; it is not special. "
  • Madison Smith
    "Lots of families and group events. Everyone is friendly and I feel safe in this area. Would recommend "
  • Monica.ortega70
    "Nice quiet neighborhood with well kept homes with huge property lots. Family oriented neighborhood "
  • Madison Smith
    "Very friendly neighbors, great community that respects each other. Not sure about schooling because my little is 1 but I’ve heard good things."
  • Monica.ortega70
    "Big yards for dogs to play in. Friendly neighborhood for walking your dog. Many parks and trails to take your dog on hikes. "
  • Brittany Brathwaite
    "Really nice area for family and enjoyable living. Plenty of fun things to do. You will need transportation. Some residents like to complain because the sky is blue - but other than that, great place to live outside of Raleigh. "
  • Michael Roberti
    "The commute to Morrisville and back is brutal. Lots of traffic on US 1 and 540. Accidents every day. People drive like maniacs weaving in and out of traffic. It is the only drawback to living here."
  • Vhfdbgt7kd
    "We have a neighborhood pool with snack bar and bar which families can join. Kids can then participate in swim team. "
  • Brittany Brathwaite
    "All of the people here are very friendly except for the few that seem to forget what it’s like to be a kid (or teenager) and enjoy being alive!"
  • Sally Dixon
    "Location location location! Lots of community events, town events lots to do and see. Beautiful greenway and lots of amenities! "
  • Brittany Brathwaite
    "There are great families, schools parks and resources for everyone. But not many outlets for teens. "
  • Ljaddison
    "The community is walkable and has ample walking and bike trails, a large community pool, and all grounds are well maintained. "
  • Brittany Brathwaite
    "People walk their dogs and for the most part, they’re responsible for the pet’s waste. Unfortunately, people are less tolerable of middle school age children and high schoolers simply being kids. "
  • PegH
    "A real sense of community. We all look out for each other; never is it as obvious as when the last bad storm came through. Everyone was out the next morning helping to clean up tree limbs and leaves from the entire cut-de-sac, not just their own yard, sharing tools, equipment and man power. "
  • Peggymhaas
    "We’ve lived here for 14+ years and love it. This little town has so much to offer; great restaurants, theater, parks, greenways and wonderful people! "
  • Andrew W.
    "Pools are awesome. Neighbors are awesome. Convenient to everything you need. Great community! "
  • Lwbenn
    "A bit of traffic around 4:00 to 6:00pm. My neighborhood is gated and has a very nice, exclusive Country Club. My neighborhood has it’s very own private security service and they constantly patrol the neighborhood."
  • Camcolwill
    "This is a good neighborhood to raise children. The only concern I would have as a parent of a teenager would be them learning to drive in heavy traffic"
  • Patsy
    "Schools are great. Very family oriented there is something for everyone in Wake Forest. Lots of nature & not far from Raleigh."
  • Naresh G.
    "Quiet, not crowded No traffic Nice neighbors Family friendly community Plenty of supermarkets Awesome trails for hiking "
  • Camcolwill
    "Community events in the park and on the Main Street are popular events for the community. The farmers market and the dog park are also popular"
  • Kingangel73
    "Wake Forest is warm and welcoming. It is family oriented and pet friendly. The school are great and there's tons of things to do. "
  • Patsy
    "Challenging at peak times of the day, considering I am commuting to and from Raleigh for work. Capital Blvd & Louisburg can be a nightmare."
  • Peggymhaas
    "I am retired but when I was working I worked in Cary, NC which generally required a 45 minute to 1 hour commute."
  • Peggymhaas
    "N/A. Retired but when I did work it was a 45 minute drive to Cary, NC. If I took Capital Blvd. the drive time could be an hour or more. "
  • Peggymhaas
    "I am retired. When I worked my commute was 40+ minutes. However, it was quite scenic, crossing the lake and past several horse farms. "
  • WF Resident
    "There are quite a few dog owners in my neighborhood. Most are responsible owners, but there are those that walk their dogs at night and allow them to relieve themselves in their neighbors yards. This is the part I dislike. I sit on my porch at night and you wouldn’t believe the things I see dog owners allow their dogs to do."
  • Peggym
    "Meet in the Street, Friday Night on White, MardiGras, the lighting of the Christmas Tree all make Wake Forest special. "
  • Julie B. .
    "Dog owners walk their dogs and there are trails in the common area for dogs to run. The lots sizes are big enough to have privacy from other neighbors. Fences are allowed. "
  • Kerryjuliekane
    "Ladies night out. Walking with friends. Bells lake access for fun trails. Fall pizza gathering in culdesac. "

LGBTQ Local Legal Protections

The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

Frequently asked questions about 5116 Elf Ct

  • What is 5116 Elf Ct estimated to be worth?
    Trulia's estimated value for 5116 Elf Ct in Wake Forest, NC is $524,900.
  • What is the price history for 5116 Elf Ct?
    5116 Elf Ct in Wake Forest, NC last sold for $535,000 in May 2025.
  • Is Wake Forest a buyer's or seller's market?
    Wake Forest is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Wake Forest?
    The median sale price in Wake Forest is $548K. That is up $3.58K from the prior month.
  • Does 5116 Elf Ct have air conditioning?
    Yes, 5116 Elf Ct in Wake Forest, NC has air conditioning.
  • Does 5116 Elf Ct have a pool?
    Yes, 5116 Elf Ct in Wake Forest, NC has a pool.

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